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July 3, 2023

Saarc leaders reach last-minute energy deal

Finally Saarc member states signed the Saarc Framework Agreement on Energy Cooperation (Electricity) aimed at sharing and trading electricity among the member countries through a common grid. The Saarc leaders, however, failed to reach a consensus to sign the regional connectivity deal at the concluding session of the two-day long 18th Saarc Summit that adopted a 36-point declaration. saarc 2014After the signing ceremony of energy cooperation deal by the foreign ministers of the Saarc countries, Nepalese Prime Minister Sushil Koirala...

Saarc Summit ends amid tension, drama

With all the eight nations signing a last-minute deal to create a regional electricity grid and Indian Prime Minister Narendra Modi and his Pakistan counterpart Nawaz Sharif shaking hands after the first-day tension, the 18th Saarc Summit concluded here on Thursday. The Summit came to an end in the afternoon with the adoption of a 36-point Kathmandu Declaration 2014. saarc 2014Nepalese Prime Minister and Chairperson of the 18th Saarc Summit Sushil Koirala declared the Summit’s conclusion, terming it a success, UNB reports. In his co...

Indian cotton exports to decline 45pc this year

India’s cotton exports are likely to decline by 45% this year (October – September) on falling demand from its perennial importers i.e. China and Bangladesh. Trade sources estimate cotton exports between 6.5-7 million bales (1 bale = 170 kgs) this year as against 11.8 million bales shipment estimated by the Cotton Advisory Board (CAB) during last year. cottonWith lower exports estimates, India will remain surplus with cotton leading to steep fall in prices this year. Parth Mehta, Joint Managing Director of Bhadresh Traiding Corporation, Indi...

Huntkey makes inroads into market in Bangladesh

Huntkey Enterprise Group, a global professional power supply provider, today announced it has started a cooperation with Global Brand Pvt.Ltd., to explore the mainstream markets in Bangladesh. huntkeyWith more than 8,000 technical employees, and its own center lab covering 2,000 square meters, Huntkey Product Line currently leads innovation in the household power supply industry. Adhering to the business philosophy of "Creating/passing/pursuing/realizing values", Huntkey continues to invest in switching power supplies, power strips and consumer...

BD scientist nominated to UN technology bank panel

Bangladeshi scientist Firdausi Qadri has been nominated to a UN panel to assess the scope and functions of the proposed UN technology bank, media reported Thursday. FirdausiQadriThe bank will be dedicated to helping the least developed countries (LDCs) emerge out of poverty, said a statement from the spokesperson of UN Secretary-General Ban Ki-moon. “The secretary-general has asked the high-level panel to give practical recommendations on the matter, which can provide a strong impetus to accelerating structural transformation and...

AIBL Service Month being observed

Al-Arafah Islami Bank Limited is providing Special Services to its valued clients from 1st November to 30th November 2014 in all branches of the Bank. In this connection, AIBL Madhabdi Branch has arranged a “Meet the 20141127 - AIBL Sheba Mash MadhabdiClients” program on 25 November with the slogan of “Seba Masher Chetona, Baro Masher Prerona”. Director of the Bank Alhajj Engr. Kh. Mesbah Uddin Ahmed inaugurated the ceremony as Chief Guest. Director Alhajj Abdul Malek Mollah and Managing Direc...
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