City Dhaka Financial News
22.06 / 11:23
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India boosts defense ties with Bangladesh as it tries to become a counterweight to China
India and Bangladesh on Saturday moved to bolster their defense relationship and signed agreements for expanding cooperation in maritime security, ocean economy, space, and telecommunication sectors, as New Delhi tries to present itself as a regional power and a counterweight to China. The agreements were signed during Bangladesh Prime Minister Sheikh Hasina's visit to India, the first foreign leader to visit New Delhi since Narendra Modi became the country's prime minister for a third term two weeks ago. Modi welcomed Bangladesh's decision to join his Indo-Pacific Oceans Initiative to expand and facilitate regional cooperation of India's maritime neighbors. He said the deals with Dhaka were part of his country's pursuit of a neighborhood-first approach.
08.06 / 08:07
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Bangladesh PM Sheikh Hasina arrives to attend PM Modi's swearing-in ceremony
distinguished guests for Prime Minister Narendra Modi's swearing-in ceremony has begun with Bangladesh Prime Minister Sheikh Hasina landing in the national capital on Saturday.
28.05 / 02:07
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Bangladesh: 10 people dead, over 150,000 houses damaged due to cyclone Remal
Dhaka Tribune reported, citing State Minister for Disaster Management and Relief Md Mohibbur Rahman. Moreover, 150,457 houses were damaged during the storm. Among these, 35,483 houses were fully damaged in 107 unions and 914 municipalities of Bangladesh, according to state minister. He spoke about the damage caused by cyclonic storm Remal during the press briefing held at the Secretariat on Monday.
27.05 / 03:07
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Bangladesh MP Murder: Detective chief says conspirator may have escaped to US, seeks Interpol's help to track down suspect
Anwarul Azim Anar in a flat in New Town, Kolkata, authorities are intensifying efforts to apprehend the alleged mastermind, Akhtaruzzaman Shaheen. A team of Dhaka policemen, led by their detective chief, has arrived in Kolkata and revealed suspicions that Shaheen, a childhood friend of Anar, has fled to the United States. The primary suspect in the murder of Bangladeshi MP Anwarul Azim Anar, Akhtaruzzaman Shaheen, is believed to have escaped to the US via Dubai from Kathmandu. The Bangladeshi detective chief, Mohammad Harun-or-Rashid, disclosed this information during his visit to Kolkata, where the crime took place.
24.05 / 18:33
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From hiring butcher in Dhaka to chopping body into pieces: How Bangladesh MP Anwarul Azim Anar was murdered in Kolkata
Also Read: Bangladesh MP found dead in Kolkata: From India visit to murder, here's how things unfoldedAccording to officials, two of the criminals had put up at a hotel in New Market area in Kolkata for at least four days before the ‘killing’.The Member of Parliament (MP), who represented Jhenaidah-4 constituency in Bangladesh, had entered in India on on May 12. However, on May 18, Gopal Viswas, the family friend of the MP in Kolkata's Bidhannagar filed a missing complaint.According to PTI, an investigating officers in the West Bengal CID claimed that the plot to kill the MP was well-planned in January in Bangladesh's capital city.Kolkata Police said that the circumstantial evidence indicated that the MP was first strangulated and killed after which his body was chopped into pieces.The officer said that it seemed that the butcher was "illegally brought" to India to help them execute the crime."It's unthinkable, the way Anar's body was mutilated and then skinned to hide his identity.
22.05 / 10:41
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Bangladesh MP found dead in Kolkata: From India visit to murder, here's how things unfolded - 10 crucial points
PTI quoting family friend Gopal Viswas in Kolkata's Bidhannagar. His mobile messages exchanged with his family in Dhaka and his friend in Bidhannagar, indicated his intended journey to Delhi. According to the complaint dated May 18, 2024, PTI reported that on the morning of May 16, he (Anwarul Azim) called his assistant, but could not connect.
22.05 / 09:05
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Missing Bangladeshi MP Anwarul Azim killed in Kolkata, Bangladesh police arrest three
MP) from Bangladesh's ruling party Anwarul Azim, who allegedly went missing on May 18, was found dead in Kolkata on Wednesday. Bangladesh Home Minister Asaduzzaman Khan in a news conference in Dhaka said that the MP was killed in Kolkata. Speaking to reporters at his residence on Wednesday, the minister said that Bangladesh Police have arrested three persons in this connection, reported Bangladesh Newspaper Daily Star. «So far, we have come to know that all the killers involved are Bangladeshis. It was a planned murder,» the Bangladesh Home Minister said. Asked about the whereabouts of the body, he said that they were yet to know about it.
09.05 / 18:57
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India woos Bangladesh on Teesta amid China push
India has expressed interest in financing Bangladesh's Teesta economic zone project amid reports that China is also keen to finance the venture. India's interest in a dredging and development project, which envisions to turn the Teesta river belt into a zone of economic activity, was expressed when foreign secretary Vinay Kwatra met Bangladesh Prime Minister Sheikh Hasina, foreign minister Hasan Mahmud and his counterpart Masud Momen in Dhaka. «You know we have taken on a big project on Teesta. India wants to finance this project. It will have to be implemented in line with our needs. We want to see our needs fulfilled,» Mahmud told reporters after his meeting with Kwatra on Thursday. Teesta is a major transboundary river between India and Bangladesh.
05.05 / 18:32
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ICC chief expresses concern on Afghanistan not having a women's team in T20 World Cup, says 'Until something changes'
Cricbuzz quoted Aldrice as saying the media in Dhaka. ALSO READ: India and Pakistan to clash again in October: Check Women's T20 World Cup 2024 schedule "Until something changes, that will remain the situation.
05.05 / 16:17
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India, Australia in Group A of Women's T20 WC; Scotland qualify
India were on Sunday placed in Group A alongside defending champions Australia, New Zealand, Pakistan in the Women's T20 World Cup, which will be held in Bangladesh from October 3-20 this year. With all their group matches scheduled to be played at Sylhet, India will open their campaign against New Zealand on October 4 and face off against arch-rivals Pakistan on October 6 as the ICC announced the schedule for the ninth edition of the Women's T20 WC. India's next assignment will be against yet-to-be-identified Qualifier 1 team on October 9 while their clash against six-time world champions Australia will be on October 13. «Each side will play four group matches at the tournament, with the top two teams from each group progressing to the cut-throat semi-finals on 17 and 18 October ahead of the Final in Dhaka on 20 October,» the ICC posted on its website.
05.05 / 11:51
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India and Pakistan to clash again in October: Check Women's T20 World Cup 2024 schedule
Women's T20 World Cup 2024 schedule: The International Cricket Council (ICC) on Sunday announced the schedule for the upcoming Women's T20 World Cup 2024. The ninth edition of the marquee event will be held between October 3 and 20 in Bangladesh. The high-voltage India vs.
29.04 / 20:45
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'IHCL aiming for double-digit growth in FY25'
Tata group-backed Indian Hotels Company (IHCL) is aiming for double-digit topline growth this fiscal and plans to open 25-30 hotels. It will also launch hotels overseas but its primary target will remain India's thriving hospitality industry. «Our commitment extends to maintaining zero net debt while accumulating cash reserves, positioning us strategically for future investments in cash deployment, capex, M&A, or strategic reserves,» Puneet Chhatwal, MD, IHCL, told ET in an interview. He said while FY25 will be a 'breakthrough year' for the company's international expansion, the primary focus will remain on the Indian subcontinent. «We're expanding internationally with a target of at least three hotels outside of India, with contracts already signed, including two in Bhutan, and ongoing discussions for locations such as Dubai, London, Frankfurt, and others. We have two hotels under construction in Dhaka and several negotiations underway in the Indian peninsula, Sri Lanka, and nearby regions,» he said.
29.04 / 18:13
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IHCl aiming for double digit topline growth this fiscal: IHCL MD and CEO Puneet Chhatwal
Tata group-backed Indian Hotels Company (IHCL) has set an ambitious aim of a double digit topline growth this fiscal, besides plans of opening 25-30 hotels. It will also launch hotels overseas, but its primary target will remain India's thriving hospitality industry. “Our commitment extends to maintaining zero net debt while accumulating cash reserves, positioning us strategically for future investments in cash deployment, capex, M&A, or strategic reserves,” Puneet Chhatwal, MD and CEO of IHCL, told ET in an interview. Chhatwal said while FY2025 will be a 'breakthrough year' for international expansion, the primary focus will remain on the Indian subcontinent.
01.04 / 01:37
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Bangladesh PM fights back against Opposition BNP’s "India Out" campaign
Bangladesh Prime Minister Sheikh Hasina is fighting back against the Opposition BNP’s India-Out campaign and has advised the BNP leaders and their families to first ban India made products in their homes before launching the malicious campaign. Last week Hasina launched an attack on BNP’s “India-Out” campaign on the occasion of the country’s Independence Day on March 26 advising the leaders of the Opposition party to first shun India made products at home and highlighted that even most kitchen items in Bangladesh are bought from India. “How many Indian saris do their wives have?” Hasina asked in a reference to BNP leaders at an event in Dhaka organised on the occasion of the country’s Independence Day observed on March 26.
14.03 / 08:37
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Hyatt to open 8 new hotels, 1,200 new keys in 2024: Sunjae Sharma
Hotel chain Hyatt India will add eight new hotels in the South West Asian (SWA) region in this year that includes a foraying into Bangladesh with the opening of a new hotel in Dhaka.
14.03 / 07:23
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Parke
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Hyatt announces plans for India and Southwest Asia for 2024
Hyatt Hotels Corporation on Thursday today announced plans for the expansion of Hyatt’s brand portfolio in India and Southwest Asia region, and said it has a pipeline of eight new hotels that are expected to open across various leisure and city destinations in 2024. The hospitality chain said this growth is timed to coincide with the expected rebound of leisure and business travel in the country and the sub-continent. The chain said in 2024, its brand expansion in India and Southwest Asia will continue with its Hyatt Regency, Hyatt Place and Hyatt Centric brands.
09.03 / 15:39
security
Freedom
country
travelers
International
India, Bangladesh border forces vow to stop attacks on security personnel
India and Bangladesh Saturday agreed to undertake joint efforts to «bring down to absolute minimum» the incidents of attack on BSF personnel by criminals from the neighbouring country along the 4,096-km-long International Border (IB) shared by them, an official statement said. The bi-annual Director General (DG) level talks between the Border Security Force (BSF) and Border Guard Bangladesh (BGB) ended in Dhaka with the signing of a joint record of discussions. The Indian delegation led by BSF DG Nitin Agrawal travelled to Bangladesh for the 54th edition of these talks held between March 5-9 at the BGB headquarters at Pilkhana in Dhaka. BGB DG Maj Gen Mohammad Ashrafuzzaman Siddiqui headed the Bangladeshi delegation.
01.03 / 02:27
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hospital
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Bangladesh news: At least 44 killed in Dhaka fire incident on Bailey road | Watch video
Dhaka Medical College Hospital and an additional 10 at the Sheikh Hasina National Institute of Burn and Plastic Surgery. The Inspector General of Police later confirmed another death at the Central Police Hospital, bringing the total to 44 casualties.
26.02 / 12:55
BAY
Trade
Justice
country
social
International
Tripura to be gateway to Southeast countries by using Chittagong Port: Manik Saha
Tripura Chief Minister Manik Saha on Monday said the northeastern state is going to be the gateway not only to Southeast Asian nations but to many other countries by using Chittagong Port in Bangladesh. Dhaka has already allowed India to use its Chittagong Port through South Tripura's Sabroom sub-division and Maitri setu is set to be inaugurated for people's movement between two sides of the international border anytime, he said. «Maitri setu built on Feni River has already been inaugurated and people's movement through the bridge will start any time. Once the bridge is made operational, the state will have direct access to Chittagong Port in Bangladesh. It will open new possibilities in business and trade through Chittagong Port», Saha said at the laying of the foundation stone for the redevelopment of Agartala railway station. Prime Minister Narendra Modi laid the foundation stone for the redevelopment of 554 stations and inaugurated various projects across the country virtually.
11.02 / 03:15
economy
Election
Experts
country
voice
Opposition BNP & radical forces encourage “India Out” campaign in Bangladesh
Bangladesh close on the heels of a similar campaign in Maldives has its origin in anti-liberation and radical sections in the neighbouring country that enjoys patronage of Pakistan and pro-Pak parties including BNP and outlawed Jamaat-e-Islami. The campaign has the potential to rock Bangladesh economy as citizens are being encouraged to boycott Indian products that dominate daily lives, Dhaka-based sources told ET. The campaign, sources claimed, is aimed at weakening Bangladesh economy and subsequently the Hasina government akin to the artificial crisis that was created in early 1970s to weaken the then Sheikh Mujib government.
26.01 / 07:55
UPS
Citi
cover
reports
Over 1-month long fog from Lahore to Dhaka is now longest spell in records. IMD reveals reasons and forecast
Satellite monitoring of fog revealed that the previous longest period occurred during the winter of 2019-20, lasting for approximately three weeks from December 14 to January 2, according to meteorological officials. The current spell has already lasted for around 32 days and is expected to persist for another three to four days, as forecasted. R K Jenamani, a senior scientist at the IMD specializing in fog, todl TOI that this winter, fog and low cloud cover started on December 24 in the western regions, including Punjab and Haryana.
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