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Pakistan will not apologise to Bangladesh: Qureshi

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If Nepal, Bhutan, and Myanmar are not India's neighbours than what are they? India clearly does not appear to treat its neighbours as independent.
 
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India is the only country that has disputes with all its neighbors. Both China and America stand in far higher esteem in this respect. India is resented by all that surrounds it and is respected by none.

That makes Bangladesh a colony of India?

You said you were a barrister.

I am afraid that would not be very convincing a case to pass muster!
 
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Bangladesh is not with anyone and why should they be?

They are an independent nation and they couldn't care a tuppence for anyone.

If they cared for Pakistan and the two Nation theory, they could have reunited. But they know what it will be to do so! Second class existence. They are first class now!!

Even our barrister can't deny that!

If being first class citizen and the worlds poorest brings any glory to them than good for them. West Pakistan was often accussed of exploiting their resources what good has those resources done to them.

They fell for Indian and Mujib propaganda. Just care to look at Mujib's rule was it any different from what West Pakistan did to them.

Keep on telling them they are first class citizens living in third class condition.:lol:
 
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If being first class citizen and the worlds poorest brings any glory to them than good for them. West Pakistan was often accussed of exploiting their resources what good has those resources done to them.

They fell for Indian and Mujib propaganda. Just care to look at Mujib's rule was it any different from what West Pakistan did to them.

Keep on telling them they are first class citizens living in third class condition.:lol:
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West Pakistan did exploit. It is on record.

However jute had lost its importance. With global warming and the emphasis on eco friendly products, jute will find its place again and BD will economically thrive! Not to worry!

No one falls for anyone's propaganda. Your racial arrogance knows no bounds! You really think Bengalis are fools and village yokels? You did not allow them to form the govt. Such a situation would have been OK for the illitarates of West Pakistanis, but to feel Bengalis are idiots as that, is too much.

Ask the Bangladeshi, MBI Munshi, if he subscribe to your idea that Bangladshi are prize idiots!

It is your idea that they are living in third class conditions. I would prefer to live in fourth class condition so long as I have the respect of not being ordered around and treated as muck!
 
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Bangladesh has the purchasing power of $400 billion and its recent budget outlay was $150 billion. In 1973 Bangladesh had a budget of a mere $4 billion. Bangladesh exports are near $30 billion. Bangladesh averages a growth of 6% per annum. We have one of the best ratings in Human Development in South Asia.
 
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Bangladesh has the purchasing power of $400 billion and its recent budget outlay was $150 billion. In 1973 Bangladesh had a budget of a mere $4 billion. Bangladesh exports are near $30 billion. Bangladesh averages a growth of 6% per annum. We have one of the best ratings in Human Development in South Asia.

Don't tell me.

I am aware that Bangladesh has some great landmarks inspite of all the problems.

They are a great people and a great nation and has a great future.

As a Bengali, I am proud of the achievements of Bangladesh.

Tell that to your Islamic well wishers instead who think you are in deep sh1t!

Blood is thicker than water! We are Bengalis. You may not agree!
 
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Don't tell me.

I am aware that Bangladesh has some great landmarks inspite of all the problems.

They are a great people and a great nation and has a great future.

As a Bengali, I am proud of the achievements of Bangladesh.

Tell that to your Islamic well wishers instead who think you are in deep sh1t!

Blood is thicker than water! We are Bengalis. You may not agree!

The following threads are the landmark of the development of Bangladesh for which I feel proud of.
 
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USA-China Industry to invest $2.5m in CEPZ

World Ye Dress Pants Limited, a US-Chinese company in the Chittagong Export Processing Zone, is to expand its garments accessories unit with more investment and creation of new jobs for the Bangladeshis. The hundred per cent foreign-owned company will enhance their production capacity with additional investment of $2.5 million, totalling the amount to $5 million, a press release of the Bangladesh Export Processing Zones Authority said in Dhaka on Sunday. At present, 998 Bangladeshis are working in this factory and the job opportunities for an additional 500 are expected to be created after implementation of the expansion programme, the press release said. A lease agreement to this effect was signed between the BEPZA and the company recently. BEPZA executive chairman Brigadier General Ashraf Abdullah Yussuf, among others, was present on the occasion.

Source — BSS
 
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Pran to build first foreign plant in India

Pran, one of Bangladesh’s leading processed-food and beverage companies, is to build its first foreign factory in India, taking advantage of the country’s recent decision to lift its ban on Bangladeshi investment. The plant will be built in the north-eastern Indian state of Tripura. It will initially produce jelly and drinks and is expected to come into operation by 2009 with an annual turnover of around Tk100 crore. It will supply the markets of northeast India — Assam, Nagaland, Tripura, Meghalaya, Manipur, Mizoram and Arunachal Pradesh — known as ‘Seven Sisters’, said a senior official of Pran Exports Ltd.

The company chose Tripura due to its closeness to Bangladesh. “We will be able to transport raw materials for our products from Bangladesh to Tripura very easily due to the easy communications,” said Paramuddin. He said there is similarity in lifestyle, culture and economy between the people of Bangladesh and these areas of India, adding that this is one of the main reasons to choose Tripura.

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Negotiations have been going on between the parties concerned about acquiring land for the project. India will allocate a 10-acre industrial plot for the purpose. The Indian government has also assured Pran of banking, electricity and other infrastructure facilities. Initially Pran will employ nearly 200 people, including Bangladeshi and Indian nationals. Pran exports its agro-processed foods and drinks to nearly 70 countries, including USA, UK, Sweden, Cyprus, Australia, Malaysia, Italy, Germany, South Korea, and some Middle East, East and West African countries.

Source: :The Daily Star: Internet Edition
 
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Bangladeshi Local firm to build 10 ships for Japan

Highspeed Shipbuilding & Engineering Co, a Bangladeshi local shipbuilder, has won a US$50 million order from Japan to build ten small ships, further evidence of the country’s booming shipbuilding industry.

This is the first time the country has won a Japanese contract and underlines the increasing global acceptance of Bangladesh as an emerging shipbuilding nation. The buyer is Japan based Tokyo Freighting Ltd, a shipping company. The agreement was signed on Wednesday in Dhaka. “Since the Japanese firm is very conscious about standards and compliance, Tokyo Freighting experts will constantly supervise the overall manufacturing of these ships,” said KM Mahmudur Rahman, managing director of Highspeed Shipbuilding & Engineering, who signed the deal with Shigeki Date, managing director of Tokyo Freighting.

As per the agreement Tokyo Freighting Ltd will also provide technical support to Highspeed in developing its Narayanganj dockyard, in line with Japanese standards. Highspeed, which is to invest around US$ 5 million in the coming months to upgrade the manufacturing facility of its dockyard, will supply the ships by October 2010. Shigeki Date, managing director of Tokyo Freighting Ltd, along with Executive Director Yoshiteru Ikeda visited Highspeed dockyard recently and expressed their satisfaction, as it is well equipped with modern machinery. Manufacturing of the first four ships will start by December this year and will be delivered to Tokyo Freighting by March next year. The size of the ships, including dry cargo carriers and oil tankers, will vary from 2,000 tonnes to 4,000 tonnes. The Japanese company will supply all raw materials and other equipment.

Rahman said Japanese manufacturers are currently outsourcing small ships, as it is not cost effective now to manufacture them at huge dockyards. “It is a great development for the country’s shipbuilding industry as Japan, the most advanced shipbuilding nation in the world, starts building in Bangladesh. It may inspire other advanced shipbuilding nations to come to Bangladesh,” Rahman hoped. Currently local shipbuilders including Ananda Shipyard and Western Marine Shipyard are working on about US$ 400 million worth of orders for over 40 vessels for buyers from Germany, Denmark, Netherlands and Mozambique. The success of these two companies have encouraged other local companies such as Meghna Group of Industries, Rangs Group, Khan Brothers and Narayanganj Engineering & Shipbuilding to jump on the bandwagon of global shipbuilding market.

Behind the current boom of the industry is the global rise in the demand for new ships, especially smaller ones with a capacity below 15,000 dead weight tonnes (DWT). This has helped Bangladesh attract the attention of international shipping companies as traditional shipbuilding countries such as Japan, China, South Korea and Vietnam are not interested in building ships with under 20,000 DWT.

:The Daily Star: Internet Edition
 
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Bangladeshi Pharmaceuticals eye EU market

Export of drugs manufactured in Bangladesh will see big boost soon as major Bangladeshi drug makers, having secured vital accreditations for the European market, are preparing to export to this lucrative market.
According to industry sources, Beximco the leading exporter that explored markets from the Fareast to Latin America, is set to acquire accreditations for Australia and countries under the Gulf Cooperation Council.
Incepta and Renata are getting ready for the highly sensitive European market while Square, the local market leader, is working on several follow-up orders for buyers in UK after sending its first consignment a few months back.
‘We will ship our first consignment to Europe within three months,’ said Abdul Muktadir, managing director of Incepta that secured EU-GMP (Good Manufacturing Practice) certificate in December, 2007.
Incepta is preparing consignments of anti-diabetics, anti-hypertency, anti cholesterol and naturopathic drugs to be procured by a major EU importer.
‘Just during the past one month we received four potential enquires from Europe,’ said the Incepta official which is third in the local market with sales worth about 300 crore ($43 million) in 2007.
He, however, observed that it was not significant how much money Bangladeshi drug makers earned from the EU market. ‘Ensuring importers’ confidence and consistency is crucial now as global drug importers are desperately searching for reliable alternative sources to China or India. So a multibillion dollar market beckons Bangladesh.’
Renata, another giant pharmaceutical, is preparing to export significant number of consignments, contracted with a major pharmaceutical company in UK, of steroids, apparently used in number of life saving drugs.
‘We will be able to ship our first consignment within in a couple of months,’ Monjurul Alam, head of the international business department of the Renata, told New Age on Tuesday.
Renata’s export division, which at present markets drugs in Sri Lanka, Philippines, Hong Kong, Jordan and is eyeing the million dollar mark this current year, is enthusiastic about opportunities in the EU.
‘I see a drug import market worth billions of euros staring at Bangladesh,’ said Alam.
At present multinational Novartis (Bangladesh) exports drugs to Germany and Austria.
Ashfaque Ur Rahman, managing director of Novartis, which shipped mainly cardiovascular and neurological drugs worth about $17 million to Europe in 2007, expects entrance of more Bangladeshi companies into the European market would reap more benefits.
‘200 per cent!’ said Ashfaque when asked about European clients’ impression about the quality of Bangladeshi drugs.
Around 30 Bangladeshi drugs makers explored markets in more than 50 countries including those in Africa, Latin America and Asia.
According to the Export Promotion Bureau, export figures will surely reach $40 million with a growth of 50 per cent in the current fiscal to be closed at the end of this month.
But, Nazmul Hasan, the chief executive of Beximco Pharmaceuticals, that eye more than $3 million as its 2008 export proceeds, said, ‘The current amount is almost nothing compared to the industry’s capacity and potential in the global market.’
Nazmul said besides Beximco’s capacity to produce 4 billion pieces, only the large drug manufacturers are ready for manufacturing drugs for the export market, which would require at least 20 billion pieces. ‘If one tablet sells at 10 cents on an average we are ready to earn $2 billion.’
Nazmul foresees that by mid-2009 Bangladesh drug makers will find global markets especially the advanced markets ripe for them.
‘By early next year, most of the patent related cases in WTO will be settled and drug markets will clearly see which items are beyond the purview of patents thus and open for LDCs to produce,’ he said.
According to a WTO agreement, LDCs do not have to implement any kind of intellectual property rights before 2016 for medicines and drugs.

Source: Business
 
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Houston mayor declares Jan 14 ‘Yunus Day’

Houston, one of the America’s largest cities, has declared January 14 ‘Muhammad Yunus Day’ to honour Nobel laureate Prof Muhammad Yunus who is currently on a tour of the US. Mayor Bill White made the declaration on Monday at a reception accorded to Prof Yunus, who was visiting Houston, Texas, as part of his whistle-stop tour to promote his new book ‘Creating a world without poverty: Social business and the future of capitalism’. The mayor also handed over a copy of the proclamation to Prof Yunus at the function attended by over 500 personalities, reports News World.

Prof Yunus described how micro-credit and social business can help alleviate poverty and move a country like Bangladesh forward. He also addressed two other reception ceremonies hosted by the World Affairs Council and the Bangladesh-American Society. Over 2,000 people attended the functions.
 
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Houston mayor declares Jan 14 ‘Yunus Day’

Houston, one of the America’s largest cities, has declared January 14 ‘Muhammad Yunus Day’ to honour Nobel laureate Prof Muhammad Yunus who is currently on a tour of the US. Mayor Bill White made the declaration on Monday at a reception accorded to Prof Yunus, who was visiting Houston, Texas, as part of his whistle-stop tour to promote his new book ‘Creating a world without poverty: Social business and the future of capitalism’. The mayor also handed over a copy of the proclamation to Prof Yunus at the function attended by over 500 personalities, reports News World.

Prof Yunus described how micro-credit and social business can help alleviate poverty and move a country like Bangladesh forward. He also addressed two other reception ceremonies hosted by the World Affairs Council and the Bangladesh-American Society. Over 2,000 people attended the functions.

Source: The Daily Star
 
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Nafees, this is the wrong thread. Please feel free to to open a "Bangladesh: Economy News" thread in the appropriate section.
 
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