Dhaka, Apr. 2 : The Government of Bangladesh has taken its first step towards tackling the menace of corporate corruption, which exists on a large scale in the country.
Corporate corruption is a force that is as destructive as the cyclones that have ravaged the country's coastline in the past.
Last week, Bangladesh''s newly elected government took its first high-profile swipe at the problem.
Dhaka - Bangladesh and Russia on Tuesday began a three-day dialogue toward signing an agreement for the peaceful use of nuclear energy that could pave the way for cooperation in setting up nuclear power plants in Bangladesh, officials said.
"We will discuss the possible deal to pave the way for cooperation in this field," said MM Neazuddin, a joint secretary of Bangladesh's science and ICT ministry, who is leading the Bangladeshi side to the talks.
Dhaka - Bangladesh's economy is expected to grow at its lowest rate in five years during the current fiscal year, mainly due to the impact of global recession, the Asian Development Bank (ADB) projected Tuesday.
The ADB Outlook 2009, the annual publication of the lending agency, said that the country's GDP growth would fall to 5.6 percent from 6.2 percent in the 2008-09 fiscal year.
It also projects a further decline in growth to 5.2 percent in the 2009-10 fiscal year.
Dhaka - Myanmar said Tuesday that its planned fencing on its border with Bangladesh was not a "defence structure" and would be placed away from the border.
"It's not a defence structure," Myanmar Ambassador Phae Thann Oo told reporters in Dhaka after a meeting with Bangladesh's junior minister for foreign affairs, Hasan Mahmud. "It is for the prevention of smuggling of narcotics and trafficking in persons."
Dhaka - The government of Bangladesh on Monday asked Myanmar to clarify a planned border fence along the no-man's land along the two countries' shared border, officials said.
"We asked for an official version of the construction site of the fencing as Myanmar has given various versions of the location of fencing," Bangladeshi State Minister for Foreign Affairs Hasan Mahmud told a press conference.