News from Bangladesh-Updates and Discussion
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Skies
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Ashok Leyland bags $23m order from Bangladesh - Automotive Business Review
Hinduja Group flagship, Ashok Leyland has received a $23.3m order from Bangladesh Road Transport Corporation (BRTC) to supply 290 double decker buses.
The company said that the recent order represents its largest single order for double decker buses from Bangladesh.
Ashok Leyland managing director Vinod Dasari said Bangladesh has always remained a very important market for the company.
"Our continued focus on this growing market has helped us establish ourselves today as the second largest brand in that country's commercial vehicle market and will continue to maintain this focus in the coming years," Dasari said.
The company has almost doubled export volumes to Sri Lanka and Bangladesh in 2009-10 while West Asia and other markets reported a fall in exports during that financial year.
The company exported 2,303 vehicles to Bangladesh in 2009-10 compared to 1,214 vehicles 2008-09, however in 2010-11, its total export numbers increased by 72% to 10,306 vehicles in which Bangladesh.
Over the years, more than 9,500 vehicles have been exported through the company's sole dealer, Ifad Autos.
....................................................................................................................................................................
Bangladeshis is unluckily the biggest* importer of Indian goods and products.
*Except the developed countries.
Hinduja Group flagship, Ashok Leyland has received a $23.3m order from Bangladesh Road Transport Corporation (BRTC) to supply 290 double decker buses.
The company said that the recent order represents its largest single order for double decker buses from Bangladesh.
Ashok Leyland managing director Vinod Dasari said Bangladesh has always remained a very important market for the company.
"Our continued focus on this growing market has helped us establish ourselves today as the second largest brand in that country's commercial vehicle market and will continue to maintain this focus in the coming years," Dasari said.
The company has almost doubled export volumes to Sri Lanka and Bangladesh in 2009-10 while West Asia and other markets reported a fall in exports during that financial year.
The company exported 2,303 vehicles to Bangladesh in 2009-10 compared to 1,214 vehicles 2008-09, however in 2010-11, its total export numbers increased by 72% to 10,306 vehicles in which Bangladesh.
Over the years, more than 9,500 vehicles have been exported through the company's sole dealer, Ifad Autos.
....................................................................................................................................................................
Bangladeshis is unluckily the biggest* importer of Indian goods and products.
*Except the developed countries.
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No headmasters in most govt secondary schools
Mushfique Wadud
Two hundred and twenty-five out of the 317 government secondary schools do not have headmasters, secondary and higher education directorate officials said.
Teachers of the schools, meanwhile, said they run short of teachers which prompt them to take extra classes and this, coupled with the shortage of headmasters, was hampering academic and administrative activities in secondary schools.
They said that administrative activities in schools were being hampered in the absence of headmasters.
‘Only 92, out of the 317 government secondary schools have headmasters,’ Jakir Hossain, a director of the secondary and higher education directorate, told New Age.
More at
New Age | Newspaper
Mushfique Wadud
Two hundred and twenty-five out of the 317 government secondary schools do not have headmasters, secondary and higher education directorate officials said.
Teachers of the schools, meanwhile, said they run short of teachers which prompt them to take extra classes and this, coupled with the shortage of headmasters, was hampering academic and administrative activities in secondary schools.
They said that administrative activities in schools were being hampered in the absence of headmasters.
‘Only 92, out of the 317 government secondary schools have headmasters,’ Jakir Hossain, a director of the secondary and higher education directorate, told New Age.
More at
New Age | Newspaper
Tiki Tam Tam
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Forex reserve declines, revenue earning buoyant
Dhaka: Bangladesh's reserve of foreign currency stood at US$ 10431.23 million on May 31, a decrease of nearly US$1 billion over the course of one month.
Foreign exchange reserve was US$ 11316.44 million on April 28, 2011, according to Bangladesh Bank statistics released on Thursday. Wage earners' remittances during the July-April period were US$ 9612.98 million, 4.58 percent higher than the corresponding figure of the last fiscal.
The single-month remittance inflow for April 2011 managed to just cross the billion-dollar mark as it touched US$ 1001.97 million, compared to the US$ 922.16 million that came in during April 2010.
Revenue collection by the National Board of Revenue (NBR) for the July-April period was encouraging, growing by nearly 27.07 to stand at Tk 59555.88 crore.
The current account balance is coming under pressure, as it came down to just US$ 689 million during the July-March period, compared with US$ 2643.00 million registered in the corresponding period of the previous fiscal.
Buoyed by the healthy performances of RMG, jute, jute goods and frozen foods, exports maintained a robust growth of 40.88 percent during the July-April period, totaling US$ 18243.24 million against imports amounting to US$ 27453.00 million.
The BB statistics also showed that during the July-April period, L/Cs worth US$ 32641.94 million, in food grains, capital machinery, petroleum, industrial raw materials were opened while L/Cs worth US$ 26221.14 million were settled.
On agricultural credit disbursement, about 81.48 percent of the target was achieved during the July-April period of the current fiscal, as disbursement for the period was Tk 10280.71 crore while recovery was Tk 9941.28 crore. UNB
Govt to buy rice at Tk 29 per kg; procurement begins on June 5
Dhaka: The government will buy rice at Tk 29 per kilogram as procurement of rice begins on June 5.
Food Secretary Barun Dev Mitra stated this to reporters at the Food Ministry on Thursday. He said primarily the government will procure six lakh metric tons of rice and the procurement will continue till September 30.
On Wednesday Food Minister Dr Abdur Razzaque said allocation for procuring 11 lakh metric tons of rice will be there in the next budget. He said the government would decide the quantity of rice it would procure after analyzing the market situation.
Last year, he said the government initially fixed procurement price at Tk 25 per kilogram, but later increased it to Tk 28.
The Food Minister said at present, the government has in hand 10.35 lakh metric tons of food grains (rice and wheat) - around 7.35 lakh metric tons are already stored in the government warehouses while another 3 lakh metric tons awaiting delivery at the Chittagong port. "There is no crisis of rice. The stock of rice was 5 lakh metric tons last year."
He said the government imported the highest quantity of rice this year to check the price of rice in the domestic market. Dr Razzaque said the government's OMS program would continue in the capital, though on a limited-scale.
He informed that the government would soon sign a memorandum of understan-ding (MoU) with Ukraine for import of wheat. UNB
leading news
Dhaka: Bangladesh's reserve of foreign currency stood at US$ 10431.23 million on May 31, a decrease of nearly US$1 billion over the course of one month.
Foreign exchange reserve was US$ 11316.44 million on April 28, 2011, according to Bangladesh Bank statistics released on Thursday. Wage earners' remittances during the July-April period were US$ 9612.98 million, 4.58 percent higher than the corresponding figure of the last fiscal.
The single-month remittance inflow for April 2011 managed to just cross the billion-dollar mark as it touched US$ 1001.97 million, compared to the US$ 922.16 million that came in during April 2010.
Revenue collection by the National Board of Revenue (NBR) for the July-April period was encouraging, growing by nearly 27.07 to stand at Tk 59555.88 crore.
The current account balance is coming under pressure, as it came down to just US$ 689 million during the July-March period, compared with US$ 2643.00 million registered in the corresponding period of the previous fiscal.
Buoyed by the healthy performances of RMG, jute, jute goods and frozen foods, exports maintained a robust growth of 40.88 percent during the July-April period, totaling US$ 18243.24 million against imports amounting to US$ 27453.00 million.
The BB statistics also showed that during the July-April period, L/Cs worth US$ 32641.94 million, in food grains, capital machinery, petroleum, industrial raw materials were opened while L/Cs worth US$ 26221.14 million were settled.
On agricultural credit disbursement, about 81.48 percent of the target was achieved during the July-April period of the current fiscal, as disbursement for the period was Tk 10280.71 crore while recovery was Tk 9941.28 crore. UNB
Govt to buy rice at Tk 29 per kg; procurement begins on June 5
Dhaka: The government will buy rice at Tk 29 per kilogram as procurement of rice begins on June 5.
Food Secretary Barun Dev Mitra stated this to reporters at the Food Ministry on Thursday. He said primarily the government will procure six lakh metric tons of rice and the procurement will continue till September 30.
On Wednesday Food Minister Dr Abdur Razzaque said allocation for procuring 11 lakh metric tons of rice will be there in the next budget. He said the government would decide the quantity of rice it would procure after analyzing the market situation.
Last year, he said the government initially fixed procurement price at Tk 25 per kilogram, but later increased it to Tk 28.
The Food Minister said at present, the government has in hand 10.35 lakh metric tons of food grains (rice and wheat) - around 7.35 lakh metric tons are already stored in the government warehouses while another 3 lakh metric tons awaiting delivery at the Chittagong port. "There is no crisis of rice. The stock of rice was 5 lakh metric tons last year."
He said the government imported the highest quantity of rice this year to check the price of rice in the domestic market. Dr Razzaque said the government's OMS program would continue in the capital, though on a limited-scale.
He informed that the government would soon sign a memorandum of understan-ding (MoU) with Ukraine for import of wheat. UNB
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BB, SEC to work together for stock market revival
DHAKA: Bangladesh Bank (BB) and Securities and Exchange Commission (SEC) will be working together to revitalise stock and money markets......
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DHAKA: Bangladesh Bank (BB) and Securities and Exchange Commission (SEC) will be working together to revitalise stock and money markets......
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Brick kiln owners flout environmental laws
Khadimul Islam
Most brick kilns set up across the country continue to flout environmental laws causing serious pollution to the environment as well as eroding the fertility of vast tracts of arable land.
It has now been mandatory for the brickfields to extend their chimneys from 30 feet to 120 feet to help reduce air pollution but only a few owners comply.
One environment department official said that the emission of harmful particles from brick kiln chimneys was responsible for the alarming rise in respiratory problems.
It is also claimed that the fertility of vast tracts of arable land is also affected as farmers sell their top soil for use in kilns to produce bricks.
A study conducted two years ago by the Soil Resources Development Institute looking at 56 brick kilns in 20 plain-land districts found that the top soil of one hectare of land is used to make seven lakh bricks, resulting in a loss of fertility worth Tk 25 lakh
and Tk 60,000 a year for loss of crop production in that one hectare.......
New Age | Newspaper
Khadimul Islam
Most brick kilns set up across the country continue to flout environmental laws causing serious pollution to the environment as well as eroding the fertility of vast tracts of arable land.
It has now been mandatory for the brickfields to extend their chimneys from 30 feet to 120 feet to help reduce air pollution but only a few owners comply.
One environment department official said that the emission of harmful particles from brick kiln chimneys was responsible for the alarming rise in respiratory problems.
It is also claimed that the fertility of vast tracts of arable land is also affected as farmers sell their top soil for use in kilns to produce bricks.
A study conducted two years ago by the Soil Resources Development Institute looking at 56 brick kilns in 20 plain-land districts found that the top soil of one hectare of land is used to make seven lakh bricks, resulting in a loss of fertility worth Tk 25 lakh
and Tk 60,000 a year for loss of crop production in that one hectare.......
New Age | Newspaper
Skies
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Bangladesh creates anti-poaching police force
(AFP) – 6 hours ago
DHAKA — Bangladesh is set to launch a new police force to protect wildlife in response to a sharp rise in poaching and exotic animal smuggling, the government's chief conservationist said Tuesday.
The 300-member Wildlife Crime Control Unit will be deployed in July as part of a $36 million World Bank-funded project aimed at protecting native endangered species and their habitats, Tapan Kumar told AFP.
"It's the first time we have created a specific force to combat wildlife poachers who have become increasingly sophisticated," he said, adding that a recent increase in wildlife smuggling was "alarming".
Conservations say fewer tigers than the official 450 figure remain in the Sundarbans straddling Bangladesh and India (AFP, Munir Uz Zaman)
Bangladesh will launch a new police force to protect wildlife following a jump in poaching and exotic animal smuggling (AFP/File, Pornchai Kittiwongsakul)
Most of the unit will be stationed in the Sundarbans -- the world's largest mangrove forest and home to the critically endangered Royal Bengal Tiger -- and will be equipped with modern weaponry and 38 patrol boats, he said.
"Many criminal gangs are now using the Sundarbans as their den. We cannot tackle them due to a lack of patrol units. Recently, we arrested a poacher with the largest haul of illegal tiger parts in decades," Kumar said.
The poacher, who was arrested in February with three tiger skins and a large cache of tiger bones in an undercover sting operation, confessed to using poisoned pig carcasses as a trap to kill tigers.
Bangladesh says some 450 tigers now live in the Sundarbans, which straddles Bangladesh and India, although conservationists say this is an overestimate.
Officials are also concerned that wildlife smuggling is increasing. Thai customs authorities announced last week that they had seized 450 endangered star tortoises smuggled into the country on a flight from Bangladesh.
Tapan Kumar said part of the World Bank aid would be spent on building wildlife tracking units at the country's airports, ports and land borders.
According to the forest department, eight animal species have become extinct in Bangladesh in recent decades and almost all its native wildlife is now classed as critically endangered due to poaching and other threats.
AFP: Bangladesh creates anti-poaching police force
(AFP) – 6 hours ago
DHAKA — Bangladesh is set to launch a new police force to protect wildlife in response to a sharp rise in poaching and exotic animal smuggling, the government's chief conservationist said Tuesday.
The 300-member Wildlife Crime Control Unit will be deployed in July as part of a $36 million World Bank-funded project aimed at protecting native endangered species and their habitats, Tapan Kumar told AFP.
"It's the first time we have created a specific force to combat wildlife poachers who have become increasingly sophisticated," he said, adding that a recent increase in wildlife smuggling was "alarming".
Conservations say fewer tigers than the official 450 figure remain in the Sundarbans straddling Bangladesh and India (AFP, Munir Uz Zaman)
Bangladesh will launch a new police force to protect wildlife following a jump in poaching and exotic animal smuggling (AFP/File, Pornchai Kittiwongsakul)
Most of the unit will be stationed in the Sundarbans -- the world's largest mangrove forest and home to the critically endangered Royal Bengal Tiger -- and will be equipped with modern weaponry and 38 patrol boats, he said.
"Many criminal gangs are now using the Sundarbans as their den. We cannot tackle them due to a lack of patrol units. Recently, we arrested a poacher with the largest haul of illegal tiger parts in decades," Kumar said.
The poacher, who was arrested in February with three tiger skins and a large cache of tiger bones in an undercover sting operation, confessed to using poisoned pig carcasses as a trap to kill tigers.
Bangladesh says some 450 tigers now live in the Sundarbans, which straddles Bangladesh and India, although conservationists say this is an overestimate.
Officials are also concerned that wildlife smuggling is increasing. Thai customs authorities announced last week that they had seized 450 endangered star tortoises smuggled into the country on a flight from Bangladesh.
Tapan Kumar said part of the World Bank aid would be spent on building wildlife tracking units at the country's airports, ports and land borders.
According to the forest department, eight animal species have become extinct in Bangladesh in recent decades and almost all its native wildlife is now classed as critically endangered due to poaching and other threats.
AFP: Bangladesh creates anti-poaching police force
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