Monthly Archives: October 2011

KL unveils mega building plan for Bangladesh

http://www.thedailystar.net/newDesign/news-details.php?nid=207291

KL unveils mega building plan for Bangladesh
Staff Correspondent

The Malaysian government intends to invest Tk 27,450 crore in building flats, flyover and satellite towns in Bangladesh, said ministers of both the countries at a joint press conference in Dhaka yesterday.

The two governments signed a memorandum of understanding (MoU) in this regard on Tuesday.

Malaysia aims to build 20,000 flats at Uttara, a flyover from the capital’s Zero Point to Mawa road, two satellite towns at Kamrangirchar and Dhamrai, a residential complex at Mirpur, a housing project for the stranded Pakistanis and a water supply project.

The Kamrangirchar satellite town will provide housing for low income people, said Abdul Mannan Khan, state minister for housing and public works.

The government will complete the flats at Uttara and the flyover in the remaining two years of its tenure, he added.

The flats at 16-storey buildings will be of 850, 1250 and 1500 square feet in size and are meant for the middle and lower middle income people, Mannan said.

However, Housing Secretary Khondaker Showkat Hossain told The Daily Star the investment deal will be made only if the investor’s expectation of profit is reasonable in Bangladeshi context.

Of the seven projects, six are expected to be implemented under the housing ministry and one under the local government ministry.

A joint technical committee and a working group will ascertain the mode, viability and terms and conditions for the investment, said Mannan Khan.

The housing project at Uttara will cost around Tk 9,000 crore, Dhamrai satellite town project Tk 6,000 crore, Mirpur residential complex Tk 5,300 crore, Dhaka Wasa’s water supply project Tk 450 crore and the flyover Tk 2,500 crore.

Dato Seri Samy Vellu, a special envoy of the Malaysian government, Jamal Uddin Sabeh, Malaysian high commissioner to Dhaka, Jahangir Kabir Nanak, state minister for local government and Aslamul Hoque MP were present among other top government officials of the two countries.

Analysts offer recipe to boost crop yield

http://www.thedailystar.net/newDesign/news-details.php?nid=207275

Analysts offer recipe to boost crop yield
Star Business Report

Bangladesh has boosted its rice production since independence to meet the bulk of its demand for food. But the job of ensuring food for all becomes challenging in the face of ever-growing population and falling farmland, said policymakers and analysts yesterday.

To minimise risks, they suggested curbing the population growth, increasing productivity by introducing modern crops including short-matured and stress tolerant crops and technologies.

They also stressed bringing lands in the south under boro cultivation and continuing subsidy to the farm sector.

These initiatives will help increase crop productivity and reduce the cost of production and thus help keep prices of foods within the tolerable level of 31.5 percent of population who live below poverty line, they said.

“There will be scarcity of land to produce food unless we can keep the population stable,” said Agriculture Minister Matia Chowdhury at a roundtable at CIRDAP.

The Daily Jugantor and NGO Brac organsied the programme focusing on allocation in the budget for the fiscal 2011-12 for ensuring food security for the ultra poor.

“So the size of the cake should be increased through scientific intervention,” said Matia but added that expecting to bring down population growth rate to zero might help the country attain food security as the government has considered various steps, including bringing farmland in the south under boro rice cultivation.

The shift will also reduce the risk of desertification due to over-mining of underground water for boro cultivation in the north. “It was a wrong focus,” said Matia, referring to the policy of growing boro rice in the north.

The agriculture minister’s remark came as the population growth, by 1.34 percent a year, fuels demand for food in the backdrop of decline in arable land by one percent a year.

She said a curb in population growth rate will also allow a gradual reduction in the level of poverty.

Mahabub Hossain, executive director of Brac, said 18 lakh new mouths are adding to the existing population.

“The only way is to expand the use of modern technology and scientific knowledge to maintain the balance between the two,” said Mahabub, recommending introduction of short-maturing crops which allow more crops to grow on the same land in a year.

He said rise in crop productivity will reduce farmers’ production cost allowing poor people to buy foods at reasonable prices.

“The goal of poverty reduction will be affected unless we can keep prices low,” he said but added that prices should be such that farmers especially marginal and sharecroppers, remain unaffected.

Khondker Ibrahim Khaled, chairman of Bangladesh Krishi Bank, favoured continuation of farm subsidy and increase in farm loan disbursements.

He however said the banking sector suffers from liquidity crisis due to rising government borrowing.

“The trend of agricultural credit flow is not satisfactory in the first two months of the fiscal year,” he said.

Shawkat Momen Shahjahan, chairman of parliamentary standing committee on Ministry of Agriculture, stressed the need for providing incentives to agri-scientists to introduce new technologies for ensuring food security.

The lawmaker also expressed his doubt about the success of ‘One House, One Farm’ progra-mme, saying that it will fail unless changes are brought in implementation policy and programmes.

Former Finance Adviser Mirza Azizul Islam stressed the need for boosting income and purchasing power of poor people alongside taking steps to accelerate crop production.

Citing record food inflation in 10 years, he said: “If the rise in inflation continues, it is bound to put negative effect on poverty situation,”

MM Akash, professor of Department of Economics of University of Dhaka, also favoured continuation of farm subsidy saying that it would help increase crop output and reduce import dependency.

Katakhali Power Plant starts production soon

http://www.daily-sun.com/details_ds-katakhali-power-plant-starts-production-soon_370_1_3_1_2.html

Katakhali Power Plant starts production soon

RAJSHAHI: Construction works of the 50-megawatt Katakhali Rental Power Plant has been completed and the plant is going to start generation soon. Northern Power Solution Limited, a partner organization of Ena Group, constructed the plant at a cost of Taka 3.25 billion.

Chairman of the company Engineer Enamul Haque, MP, told newsmen that Prime Minister Sheikh Hasina is likely to open the plant on November 24.

He said power demand in Rajshahi city is around 50 to 60 megawatts but the supply remains in between 30 to 35 megawatts. As a result, the city dwellers face sufferings caused by load shedding everyday, he mentioned.

To overcome the problem, he said the government had taken the decision for construction of the rental power plant at Katakhali in Rajshahi.

Lawmaker mentioned that the power shortage has been adjudged as the major impediment for the growth of industries in the region and hoped that the obstacle will be removed with the opening of the plant. —BSS

Remittance makes 7pc growth in September

http://www.daily-sun.com/details_ds-remittance-makes-7pc-growth-in-september_370_1_3_1_3.html

Remittance makes 7pc growth in September
Anayetur Rahaman

Inflow of remittance made a seven per cent growth in September this year compared to the same month a year ago, according to Bangladesh Bank statistics.

The country received US$ 855.44 million in September 2011 from the wage earners living abroad.

Remittance inflow, however, decreased by 22 per cent in the month compared to that of the previous month August of the year. Experts said remittance earning decreased in the month due to a post-Eid slowdown.

Bangladesh received $ 1.1 billion as remittance in August while the earning in July was $ 1.01 billion.

Remittance receipts from almost all major foreign labour markets except for Germany decreased in September compared to August of the same year, according to statistics.

Remittance inflow in the first quarter of the current fiscal year stood at $ 2.97 billion, which is 11.80 per cent higher than that of the same period last year. The country received a total of $ 2.66 billion in the corresponding quarter of the last fiscal year.

Remittance also witnessed a fall in September last year in comparison to August of the same year, but this time the gap is wider. The fall in September last year was 13 per cent compared to preceding August.

Jute geotextiles project to protect road, river dams

http://www.theindependentbd.com/business/others/76106-jute-geotextiles-project-to-protect-road-river-dams.html

Jute geotextiles project to protect road, river dams
Author / Source : BSS

DHAKA, Oct 19: With a view to diversifying the use of jute and jute goods, the government has taken initiatives under Jute Diversification Promotion Centre (JDPC) to utilize jute geotextiles in the construction of rural roads cum river embankments for checking catastrophic river erosions. “We will go for massive road construction and river bank protection using jute geotextiles after successfully piloting the project launched in the country’s northwestern region,” JDPC executive director Khandaker Mokhlesur Rahman told BSS Wednesday.

He said a 500-metre embankment along the bank of Pathuraj River in Boda upazila under Panchagarh district has been built using the geotextiles to protect it from erosion.
The initiative was taken under an international project titled ‘Development and Application of Potentially Important Jute Geotextiles’.

The project is implementing in Bangladesh and India with the financial help of United Nations Common Fund for Commodities (CFC).

“Under the project, a total of 26 field trials- 10 in Bangladesh and 16 in India- on the use of jute geotextiles will be conducted by National Jute Board (NJB),” the JDPC chief said.

Mokhlesur Rahman said if jute geotextiles attained international standardization after successfully completion of the project, the method can be expanded across the world. “Jute geotextile can open the window of opportunity for the local jute industry,” he said.

“We used jute geotextiles in the 500-metre embankment that would protect the area from river erosion for about eight to 10 years,” Mokhlesur Rahman said.

Of the 10 field trials, five will be implemented for protecting rural roads, three for checking river erosion and two for preventing landslide.

The JDPC executive director said presently another field trial using jute geotextile is being carried out on the slope of embankment of the river Turag in Keranigaj.

Country’s roads and river embankments are being affected frequently every year for lack of reliable protection measures, he said.

An in-depth research carried out earlier by Bangladesh University of Engineering and Technology (BUET) has shown that jute geotextiles, treated with appropriate chemicals, can successfully protect the roads and embankments against erosions and also guarantee a desired durability.

A jute geo-textile expert and professor of BUET Dr Abdul Jabbar Khan said the technique of increasing durability of jute geotextiles was first invented by Bangladesh Jute Research Institute.

He said performance of pavements constructed on soft soils can be improved using jute geotextiles as the permeability characteristic of the fabric dissipates pore pressures in a faster way and ensures better drainage resulting in long term performance of the pavement.

Bangladesh project coordinator Mia Imam Musa said the project costing $3,962,826 was launched last year to end by 2014.

Huawei sets up computer laboratory for CRP

http://www.thedailystar.net/newDesign/news-details.php?nid=207279

Huawei sets up computer laboratory for CRP
Star Business Desk

Huawei Technologies (Bangladesh) Ltd has built a computer lab for CRP (Centre for the Rehabilitation of the Paralysed) as part of its corporate social responsibility.

The computer lab will assist creating employment by providing training to the disabled at the CRP.

ASM Feroz, a lawmaker and whip of Bangladesh Parliament, inaugurated the lab as chief guest.

Zhang Xianyi, Chinese ambassador in Dhaka, Wonder Wang, chief executive officer of Huawei Technologies Bangladesh Ltd, Valerie A Taylor, CRP founder and coordinator, were also present at the ceremony.

Wonder Wang briefed about the Huawei’s CSR activities in Bangladesh and the world. He also vowed to continue CSR activities.

Huawei began its operations in Bangladesh in 1998. Over the years, the company has become one of the country’s leading ICT and telecom solution providers.

Local firm partners with Malaysia to spread management skills

http://www.bssnews.net/newsDetails.php?cat=0&id=207040&date=2011-10-19

Local firm partners with Malaysia to spread management skills

DHAKA, Oct 19 (BSS) – A local business firm, ExpoPro, has signed a memorandum of understanding (MoU) with a Malaysian institute to promote Malaysian management skills in Bangladesh.

Chief Executive Officer of ExpoPro Mohammad Mamunur Rahman and Manager of Malaysian Institute of Management (MIM) signed the MoU on behalf of their respective sides this week in Dhaka, a press release said here today.

The ExpoPro is a local private business support organisation involved in different types of business development programmes that include human resource development and communications.

The MIM serves as a platform for free exchange of management knowledge and experience, bringing together managers and organisations from all fields of human endeavors.

Of late, the Malaysian institute has begun management training in Bangladesh and has trained a number of management staffs from the country’s telecom sector and other corporate bodies within a short period in Dhaka.

Representatives from different Bangladeshi financial institutions and international organisations have also been trained in Kuala Lumpur by the MIM, the press release said.

2640MW power deals with China, Malaysia soon

http://www.daily-sun.com/details_ds-2640mw-power-deals-with-china,-malaysia-soon_369_1_3_1_1.html

Two joint venture coal fired power plants in Ctg
2640MW power deals with China, Malaysia soon
Shamim Jahangir

The government will sign two separate deals with China and Malaysia to set up two coal-fired power plants in Chittagong, having electricity generation capacity of 1,320MW each. Two separate memorandums of understanding (MoU) will be signed with China-based Chinese Hudian Hong Kong Company and Malaysian state-owned power company Tenaga Nasional Berhad (TNB) to install the joint venture plants, sources said.

The Power Division will submit a summary to Prime Minister Sheikh Hasina within a day or two for her approval for the joint venture with Chinese firm, a senior official of the Power Division told daily sun on Tuesday.

After signing the MoU, both sides would sit to decide the power tariff and select the site for the power plant.

Another MoU will be signed with Malaysia to install a joint venture power plant, State Minister for Power and Energy Muhammed Enamul Huq told daily sun yesterday after a meeting with a high-powered Malaysian delegation at his office.

After signing the MoU, the both sides will settle the equity sharing and electricity production cost for the import-based coal-fired mega power plant, a senior Power Division official said.

Both of the power plants will be installed in Moheskhali in Cox’s Bazar of Chittagong.

The officials of the Chinese company have already visited the Moheskhali Island in Cox’s Bazaar to determine the feasibility for setting up the power plant there, sources said.

Ships loaded with 50,000 tonnes of coal would be able to enter at Moheskhali belt, sources said.

The government has already asked the Deputy Commissioner of Cox’s Bazar to acquire 5000 acres of land to install the plant in Moheskhali Island.

If the joint venture plant is installed, the China Hudian Hong Kong Company would be responsible to import coal for the plant while the equity for installing the power plant would be fifty-fifty.

The China Hudian Hong Kong Company has already produced 90,000MW of power, of which 70 percent came from coal-fired plants. The company has coalmine sites in Cambodia, Indonesia and Australia, official said.

On the other hand, TNB is the largest electricity utility company in Malaysia with as asset of Ringgit 69.8 billion that serves over seven million customers throughout Malaysia.

The company has already generated around 12,000MW of electricity in Malaysia and Pakistan.

In Pakistan, TNB Remaco is operating and maintaining two power plant projects – a 235MW combined cycle power plant and the 225MW diesel-engine power plant.

It would be the second effort by the Power Division to install joint venture coal-fired power plants after signing of a MoU with Indian National Thermal Power Company (NTPC) in September last year to install another 1,320MW power plant in Bagerhat.

The coal-based power plants in Chittagong are among the 10 priority projects the government took last year, the power division officials said.

Initially, the government had a plan to install the power plant on 3,188 acres of land at Anwara in Chittagong. But it had to change the location following protest by the local people.

The signing of the deal with NTPC on installation of the 1,320 MW power plant missed the schedule that was expected to be signed in March this year.

The government is however continuing negotiation with India to install the power plant.

The government has set a target to generate around 20,000MW of electricity from coal-based power plants by 2030.

Of the targeted electricity, 11,250 MW would be generated depending on domestic coal supply while the rest would be generated using imported coal, according to the road map in Power sector prepared recently.

The Power Division requested seven countries — Australia, South Africa, China, Canada, Vietnam, Kazakhstan and Poland– to rent out coalmine sites to meet the demand of coal for the two power plants.

40 pc growth in export of plastic products

http://www.bssnews.net/newsDetails.php?cat=2&id=206828&date=2011-10-18

40 pc growth in export of plastic products

DHAKA, Oct 18 (BSS) – Export of plastic products witnessed a 40 percent growth in the last fiscal as the country shipped plastic products worth Taka 2,000 crore especially to the USA and Europe.

“The demand for our plastic goods is increasing in different countries, especially in the USA and European countries, due mainly to restriction on Chinese products,” said Shamim Ahmed, president of Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA).

He said manufacturers are producing plastic goods worth over Taka 8,000 crore annually.

According to BPGMEA and Export Promotion Bureau (EPB), the country exports plastic items valued at Taka 500 crore directly and Taka 1,500 crore indirectly to over 23 countries annually.

During the last five years, export of plastic goods increased by Taka 613 crore, witnessing on an average 40 percent annual growth.

Established as a backward linkage industry, plastic industry has now become one of the leading foreign currency earning sectors, said Shamim Ahmed adding that demand for Bangladesh produced plastic goods is increasing in the USA and European countries following imposition of a ban on China-made plastic-toys.

“If we can exploit this advantage, we’ll be able to export plastic products to the USA and European countries worth several billion US dollars,” he added.

Shamim said the sector needs policy support and cash incentive from the government.

“The government often talks about diversification of our export products and I think, plastic goods could be one of such diversified products if necessary support is extended to us,” the BPGMEA president added.

“Plastic is widely used for packaging export products and local manufactures are producing cent per cent such wrapping plastic item,” he added.

The plastic products that are now on export list include shopping bags, butcher bags, PVC pipe, polyethylene-sheets, ball- pens, tooth-brush, toys, hanger, hand- gloves, artificial flowers, table-covers, computer accessories, wastebaskets and wall-clocks.

According to the BPGMEA, major destinations of Bangladesh plastic products are Poland, China, India, Belgium, France, Germany, Canada, Spain, Australia, Japan, New Zealand, the Netherlands, Italy, United Arab Emirates (UAE), Malaysia and Hong Kong.

At present, there are 3000 small, medium and large plastic product manufacturing industries in the country and over six lakh people are directly and indirectly involved in this industry.

Conservation agriculture increases productions: Experts

http://www.bssnews.net/newsDetails.php?cat=2&id=206859&date=2011-10-18

Conservation agriculture increases productions: Experts

RANGPUR, Oct 18 (BSS) – Agriculture experts at a meeting with the local farmers today said adoption of conservation agriculture (CA) technologies increases productions and reduce cost amid impacts of climate change.

They were addressing a views sharing meeting at Baliadangi Upazila of Thakurgaon organised by Dhontola Farmers’ Federation at its office premises on dissemination of CA technologies with its President Shishil Chandra in the chair.

Dinajpur Hub of CSISA with the assistances of International Rice Research Institute (IRRI) and International Maize and Wheat Improvement Center (CIMMYT) assisted in arranging the meeting attended by a large number of local farmers and their leaders.

Dinajpur Hub Manager of Cereal Systems Initiative for South Asia (CSISA) Dr MA Mazid narrated the CA technology dissemination activities being conducted in seven northwestern districts and the successes archived so far.

Cropping System Agronomist of CSISA Dr Siddikur Rahman, its Specialist Agriculture Engineer Latiful Bari, Specialist Extension Agronomist Anarul Haque, Technical Officer of CIMMYT Rezaul Haque and CSISA Intern Miss Dil Afroz Tithi were present.

The experts narrated the delivered CA technologies including innovative crop rotation in which crops are planted in minimum, no-till or reduced tillage with some crop residue retention on soil surfaces to reduce unproductive losses of water.

They discussed short duration paddy farming, cropping patterns like rice-wheat-mugbean/jute, rice- potato- relay/maize, rice- vegetables-wheat and rice- sugarcane with intercrops like garlic, onion/vegetables etc.

Local service providers Moazzem Hossain and Master Rabindra Chandra Singh narrated benefits of CA technologies including water saving, intercropping, better nutrient, fertilizer and pesticide managements, drought escaping, cost- saving, etc.

Dr Mazid said adoption of CA technologies increases yields at reduced cost, facilitates crop intensification, quality seed production and preservation, quality planting machine prototypes, availability of spares, inputs and remunerative markets of the produce.

He stressed on providing more training to the farmers on pesticide, herbicide and fertilizer managements, proper usage of the machinery for quicker delivery of the CA technologies involving all GO-NGO partners and private service providers.

He expressed satisfaction on dissemination of CA technologies in Baliadangi upazila so far and plan for bringing over 500 farmers under BARI Gom 26 (UG 99 resistance) cultivation programme there in the upcoming winter.

The farmers informed the meeting that they are harvesting their BRRI dhan 33 and BINA dhan 7 variety short duration paddies and getting excellent yields now using CA technologies to increase productions and ensure food security.

Dr Mazid said the CA technologies have been making crop farming more profitable side by side improving soil health, environment and ecology under the adverse impact of climate change in the region.

Cleaner production to help save $70m in textile sector: IFC

http://www.thedailystar.net/newDesign/news-details.php?nid=206957

Cleaner production to help save $70m in textile sector: IFC
Star Business Report

The country’s 1,700 textile wet-processing units will be able to save up to $70 million and 10.5 billion litres of water a year if they adopt cleaner production measures.

The disclosure came after the International Finance Corporation (IFC) and its partners helped 12 textile factories save $1 million and reduce water consumption by 75 million litres after they adopted a cleaner production initiative.

In association with a Dutch organisation — Solidaridad — and six leading garment buyers, IFC brought in global and regional experts to deliver hands-on knowledge and experience to local consultants.

The initiative, designed to make the country’s garment industry more sustainable and globally competitive, was introduced by SouthAsia Enterprise Development Facility, which is managed by IFC, in partnership with the UK Department for International Development and the Norwegian Agency for Development Co-operation.

Key international buyers who participated in the programme included H&M, KappAhl, Lindex, Mothercare, Levi’s and WE Fashions, said IFC yesterday.

IFC has rolled out the initiative at 12 factories so far, and preliminary results show that the implementation of clean and resource-efficient production methods yielded significant savings.

“The success of the project will allow the Bangladeshi textile sector to gain a competitive edge in the world market by showcasing its efforts towards a greener supply chain,” said Monika M Weber-Fahr, who leads IFC’s sustainable business advisory business line.

Leading European and American clothing brands that procure their merchandise from Bangladesh are also optimistic about rolling out the initiative across the country’s garment industry.

The lone asparagus farmer: pioneering high-value crop

http://www.theindependentbd.com/business/others/75810-the-lone-asparagus-farmer-pioneering-high-value-crop.html

The lone asparagus farmer: pioneering high-value crop
Author / Source : SHERPA HOSSAINY

DHAKA, OCT 17: “The asparagus appeared. They were enormous, succulent, and appetising. The smell of the melted butter tickled my nostrils as the nostrils of Jehovah were tickled by the burned offerings of the virtuous Semites.” — That’s how WS Maugham described the “horribly expensive” vegetable in his witty short story “The Luncheon”. Ansar Ali, a vegetable farmer for almost 40 years, had little idea about asparagus’s inauspicious role in the story where Maugham got ripped off by a woman at a lunch in Paris; however, to Ali, as it seems, the jinxed vegetable for Maugham has surely brought luck. Twelve years ago, Ali, 60, of Bujrukshokra village of Bogra district, was immersed in huge debt following a long legal tussle with a local Union Parishad chairman. Profits from paddy cultivation was barely enough for survival.

“I thought of cultivating something other than paddy or potato that will give me more money, but I was clueless,” Ali told The Independent, recalling his struggles. At that time Thengamara Mohila Sabuj Sangha (TMSS), an NGO, was trying to promote cultivation of atypical vegetables in Bogra. “We provided information and training to farmers. Only Ansar Ali was keen and bold enough to start asparagus farming while others resorted to conventional produce,” said Sardar Mahtabuddin, senior assistant director (agriculture) of TMSS.
TMSS helped Ali by providing him the crowns (used for asparagus cultivation), which cost Tk 14,000 per kg. Ali got 100 grams of it and started growing asparagus on 5 decimals (1 decimal = .01 acre) of land. He never looked back as he made Tk 10,000 profit in the first year.

“Now I grow asparagus on 20 decimals of land and make Tk 50-70,000 profit by selling about 600 kilograms of produce every year,” Ali said. “It’s more profitable than paddy, potato or any other local produce. I sell every kilo at Tk 200 or sometimes at Tk 250 or 300,” he said.

Encouraged by the success, Ali started growing high-value crops (foreign vegetables) such as sweet corn, baby corn, capsicum (red and yellow), squash, cherry tomato, broccoli and iceberg lettuce on 20 bigha of land (1 bigha = 0.33 acre).

“Now I earn Tk 5-7 lakh by selling these produces every year, while I spend around Tk 3 lakh,” the veteran vegetable farmer said.

Apart from asparagus’s lucrative potential for farmers, it also holds a great nutritional value.

According to Michigan Asparagus Advisory Board, asparagus is one of the most nutritionally well-balanced vegetables in existence and one of nature’s most perfect foods, as it leads nearly all produce items in the wide array of nutrients it supplies.

Asparagus is a nutrient-dense food which is high in Folic acid and is a good source of potassium, fibre, vitamin B6, vitamins A and C, and thiamine. It has no fat, contains no cholesterol and is low in Sodium. A 5.3 ounce serving provides 60 per cent of the recommended daily allowance for folacin, which is necessary for blood cell formation, growth, and prevention of liver disease.

Obscure as it may be to Bangladeshis, it is a well known culinary delight in the West and also in Southeast Asia. In Bangladesh, there is a high demand for asparagus in the Chinese restaurants and posh hotels in Dhaka. “The expatriates living in Dhaka are the main customers of these vegetables,” Mahtabuddin said.

Although Ali has established a good network over the years he had to struggle to find proper channels to sell his produce in the first few years. “I came to Dhaka myself and supplied them to Nandan superstore and Hotel Sheraton (now Hotel Ruposhi Bangla),” he said.

“Now there’s not enough time for me to go to Dhaka often. I send my produce to suppliers based in Dhaka, who deliver them to superstores like Agora, and 5-star hotels like Westin, Pan Pacific Sonargaon and Radisson,” he said. Some of the produces also go to the vegetable market in Gulshan 1 and 2, he added.

Murad Hasan, a supplier who gets asparagus from Ansar Ali and supplies them to Hotel Ruposhi Bangla, said that Ali is doing a great job but the quantity he is producing is too low and the sizes (diameter of the asparagus) are much smaller than commercially acceptable ones.

However, Hasan said the foreign vegetable import pressure drops during winter as Bangladeshi farmers, especially from Gazipur, Savar, Bogra and Jessore, meet almost 70 per cent of the demand of foreign vegetables. “The prices of those foreign vegetables in the supermarkets also drop during winter as we get them locally,” he added.

Ali’s unconventional farming has drawn attention from many including some curious farmers from the Northern region of Bangladesh who wanted to start off this new venture.

“I have started teaching other farmers, from Mokamtola and Shonatola in Bogra and Ambari in Dinajpur, how to grow foreign vegetables,” Ali said.

Dibakar Saha, one such students of Ali, praised his efforts and said that now he is cultivating cherry tomato, sweet corn and capsicum and making good profits.

“I started learning how to grow asparagus from Ali chacha and hope to start farming asparagus this season. I will take his advice on how to market my produce also,” Saha said.
Mahtabuddin identified marketing as the biggest stumbling block to cultivation of high-value crops. “Producing and selling is completely different. It is really hard to establish the marketing linkage for these crops. That’s why many farmers are reluctant to start the foreign vegetable cultivation,” he said.

Ansar Ali said he was the only farmer in North Bengal and most probably the only one in the country who is producing asparagus.

The TMSS officer said that although Ansar Ali is the only one producing asparagus right now, the NGO is planning to spread this trend and introduce new high-value crops in Bangladesh. Interested farmers can always get TMSS’s help, he added.

“We believe in diversified production of vegetables.

The yield is low for these vegetables but profit is higher,” Mahtabuddin said. Ansar Ali is also eager to help anyone who wants help.

“I may be illiterate but I’m living happily and I am not poor. I’ll be happy to help anyone and show them the way to success,” he said.

Ali believes that the government, by providing cold storage facility, crowns at cheaper price, and training, can take this high-value crop farming to a more feasible stage.

“If the government sends farmers abroad for training, we can make hundreds of Ansar Ali in every corner of Bangladesh,” the lone asparagus farmer hoped.

Tk 117cr income tax earned in Ctg

http://www.theindependentbd.com/business/finance/75808-tk-117cr-income-tax-earned-in-ctg.html

Tk 117cr income tax earned in Ctg
Author / Source : BSS

CHITTAGONG, Oct 17:  Three Tax Zones in Chittagong earned a total of Tk 117 crore 68 lakh and 68 thousand as income tax from individual category payers and received income tax returns from one lakh 29 thousand tax payers Sunday. Additional Commissioner of Tax Zone-1 Proddyut Kumar Sarkar told BSS that 50,841 taxpayers submitted income tax returns and paid Tk 44 crore 35 lakh 88 thousand as income tax under his zone.

The Tax Zone-2 earned Taka 32 crore seven lakh 20 thousand and 165 as income tax and received 32 thousand 656 income tax returns. On the other hand, Tax Zone-3 received 47 thousand 268 income tax returns and earned Tk 41 crore 26 lakh as income tax. Tax officials said about 20-30 thousand taxpayers applied to the tax commissioners for further time extension.The extended deadline for submitting income tax returns ended on Sunday.

MoU signed for reaching mobile phone services to rural people

http://www.bssnews.net/newsDetails.php?cat=0&id=206640&date=2011-10-17

MoU signed for reaching mobile phone services to rural people

DHAKA, Oct 17 (BSS)- Local Government Division (LGD), Access to Information(A2I) Programme,currently Support to Digital Bangladesh, of the Prime Minister’s Office and Robi Axiata Limited today signed a memorandum of understanding (MoU) with the aim of reaching mobile phone services to the doorstepof the rural people.

National Project Director of the A2I Programme Md Nazrul Islam Khan, Additional Secretary of Local Government Division Syed Mahbub Hasan and Chief Marketing Officer of Robi Bidyut Kumar Basu signed the MoU on the behalf of their respective organizations at the Prime Minister’s Office.

Officials of the A2I Programme and other organizations concerned were present at the signing ceremony.

Nazrul Islam said the union information service centres (UISCs) have been set up in 4,501 union parishads (UP) across the country to bring rural people under the information technology network for developing their lives and livelihood.

In line with the government’s plan to build ‘Digital Bangladesh’ as charted out in the ‘Vision 2021′, he said the government is adding different services to the UISCs to bring about significant changes in the living standard of the rural people.

Now mobile phone is part and parcel of life of the people of all levels, Bidyut said, adding that rural people will enjoy services of Robi through the UISCs, which will explore facilities to change their life.

Step by step, different services of Robi will be provided for rural people through the UISCs, he said.

Under the MoU, Robi, one of the country’s largest mobile phone operators, will implement their services at 800 UISCs within one year in the country. The remaining UISCs will be brought under the programme in phases.

The people of rural areas can buy Robi SIM and recharge their mobile phones through UISCs.

Besides, the rural people can avail of mobile banking facilities using Robi SIM. After introduction of the services, Robi internet facilities will also be available.

FDI up by 106 pc in Q1

http://www.theindependentbd.com/business/finance/75617-fdi-up-by-106-pc-in-q1.html

FDI up by 106 pc in Q1
Author / Source : BSS

DHAKA, Oct 16: Bangladesh’s foreign direct investment (FDI) during the first quarter (Q1) of the current 2011-12 financial year marked a phenomenal 106.29 per cent rise over the last three months of the past 2010-11 fiscal. Figures released Sunday by the Board of Investment (BoI) show that a total of 412 proposals for setting up industries were registered with BoI during July- September period, of which 48 are in the area of FDI.

Among these 48 proposals, 19 would be financed entirely by foreign entrepreneurs when the rest 29 would be join venture projects. All these would bring in investments of Taka 19,780.98 crore in the country.

The BoI received similar number of investment proposals for FDI in April-June quarter of the previous fiscal, but the proposed amount of investment was Tk 9,588.71 crore, less than half of the proposed figure of the Q1 of the current financial year.