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Aug 31, 2018
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Bangladesh occupies first position in hilsha production
Right at this moment Bangladesh occupies the first position in hilsha production as the country’s hilsha output has increased by 66% in the last nine years. The success in hilsa output is the outcome of implementation of the fisheries-friendly policy and programmes undertaken by the present government. More than 11% people are now depending on the fisheries sector for their livelihood. The BFRI already has devised the production technique of 18 different categories of local fishes out of 64 species which are now at the verge of extinction.
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Bangladesh has praised the UN investigators’ report on the Rohingya issue and said Myanmar’s rejection is “very natural”. “Bangladesh believes this is the most comprehensive, factual and crucial report since the attack in August last year,” State Minister for Foreign Affairs Md Shahriar Alam said, adding that this is also the “most important” report. A year ago on Aug 25, 700,000 Rohingya fled into Bangladesh after Myanmar troops led a crackdown in Rakhine State. The UN described the action as “ethnic cleansing”. The state minister said Bangladesh is focusing on three aspects of the crisis for their sustainable return – humanitarian aspect, repatriation and accountability for those who committed the crimes in the Rakhine State.
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Honourable Prime Minister (HPM) Sheikh Hasina said the government will take effective steps to increase the number of specialist physicians to provide better medical services in the country. The prime minister said this while inaugurating Community Vision Centres in 20 upazilas of eight districts. Besides, the prime minister said, her government is setting up medical colleges across the country to provide healthcare services at people's doorsteps.
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Bangladesh's export figure will cross the $60 billion mark by 2021 thanks to the presence of high quality diversified products in the export basket. The country exported 700 different kinds of products to 199 countries worth $41.5 billion last fiscal year, of which $37 billion came from the export of commodities and the remaining from the services sectors. Being the second largest garment exporter in the world, Bangladeshi manufacturers shipped $30.66 billion worth of apparel items last fiscal year.
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GROWTH AND DEVELOPMENT
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Design of metro rail completed
The design of front end mask and colour exterior scheme of the first ever elevated Mass Rapid Transit (MRT) Line-6 has been completed. The MRT Line-6 is an elevated system to be implemented under the dynamic leadership of HPM Sheikh Hasina in Dhaka, which will run from Uttara to Motijheel and carry some 60,000 passengers per hour in a day. Once the metro rail is complete, it will be the most time-efficient, reliable, safe, comfortable and environment-friendly solution. It will transform Dhaka into a more active, commute-friendly, and sustainable city.
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Around 24% construction works of Karnaphuli tunnel have been completed, rising hope that the government will complete the construction work of the much awaited tunnel under the river Karnaphuli in time. The 3.5 kilometres long four-lane tunnel, country’s first-ever tunnel, will make Chittagong into ‘One City Two Towns’, modelled on east and west Shanghai of China. China’s Exim Bank has provided a good amount of soft loan out of $238 million for the project while Chinese firm ‘China Communication Construction Company Ltd (CCCC), has been appointed as consultant for construction of the four-lane tunnel.
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TRADE AND INVESTMENT
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Bangladesh readymade garment (RMG) industry has received huge response from international buyers by participating in a mega exposition in Canada. A total of 17 RMG factories and exporters from Bangladesh participated in the three-day event titled “Apparel Textile Sourcing Canada (ATSC)”. The fair was held at International Center in Toronto, Canada from August 20 to 22 under the guidance of the Export Promotion Bureau (EPB), Bangladesh. Bangladesh garment and textile entrepreneurs also participated in various seminars and discussions on the sidelines of the expo.
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The National Board of Revenue (NBR) launches three major customs automation tools in early next month to facilitate traders while checking irregularities. Customs wing of the board would launch e-auction for all customs houses across the country, start formal operation of national enquiry point and customs intelligence hotline for sharing information. The revenue board has developed the software for operating those tools with support from the US Agency for International Development. The development partner has provided financial and technical support to the NBR under Bangladesh Trade Facilitation Activity.
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Pharmaceuticals export has crossed $100-million mark for the first time in the country's history, according to the Export Promotion Bureau. Export earnings from the sector hit $103.46 million in 2017-18, up 16.03% from a year ago thanks to improved compliance by the local manufacturers. Shipment of pharmaceutical products registered an average 14.6% growth between 2011 and 2016. Bangladesh exports pharma products to 144 countries and caters 97 % of the domestic need. Per capita consumption of medicine in Bangladesh was about $15.36 in 2017.
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INTERNATIONAL AND REGIONAL COOPERATION
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Bangladesh and Nigeria have showed their keen interest to work closely to forge stronger bilateral relations especially in the fields of trade and commerce. Both sides expressed the willingness when Bangladesh High Commissioner to Nigeria Md Shameem Ahsan called on Nigerian Foreign Minister Geoffery Onyeama. During the courtesy meeting, held in a very cordial atmosphere, both the sides expressed their keen desire to strengthen and expand existing cordial bilateral relations in depth and dimensions.
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Japan is going to give 24 rescue boats to Bangladesh under a grant agreement. The boats will also be used to ensure maritime security and check terrorist activities in the Bay of Bengal. The rescue boats will be given to the Bangladesh Coast Guard, which will provide security to Bangladesh's commercial vessels after they enter the country's waters.
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