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Bangladesh high commission seeks partnership with NIPOST

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The High Commissioner of Peoples’ Republic of Bangladesh, Mr Shameen Ahsan, says his country is interested in partnering Nigerian Postal Services (NIPOST) on the production of  commemorative stamps.

Ahsan made this known when he paid a courtesy visit to NIPOST headquarters, on Monday, in Abuja.

He said his visit to the post and parcel office was basically to explore the possibility of unveiling commemorative stamps to mark the 100th year birthday of its former leader, Sheik Mujibur Rahman.

A commemorative stamp is a postage stamp often issued on a significant date, such as an anniversary to honour or commemorate a place, event, person or object.

It is often issued for a limited time to commemorate person or an event of national importance.

It’s usually printed once in large quantities and is allowed to go out of circulation as its supply is used up.

The envoy said the commemorative stamp that ought to be issued by the NIPOST was to commemorate with the centenary birth of the Rahman who was referred to as “father of the Bangladeshi nation’’ in Bangladesh.

He stated that he was also on a visit to explore every means of cooperation and how diplomatic relations could be strengthened between his country and Nigeria.

“The 100thyear birthday of Rahman, popularly referred to as “father of the Bengali nation’’ is celebrated annually on March 17 at home and abroad.

“We are here to see how NIPOST can help reel out stamps to commemorate the birthday of Sheik Mujibur Rahman who was born on March 17, 1920.

“Bangladesh which is self-sufficient in food and garment production also prides itself in being a malaria-free country.

“ NIPOST and the commission have a year to plan on the production of the commemorative stamps,” Ahssan said.

According to him, Bangladesh is one of best in the world when it comes to women inclusive and empowerment initiatives and that by employing women it makes the best of the workforce.

“Our internal power generation is commendable as there is a steady increase in the megawatts we produce, ‘’ he added.

He also said that Nigeria and Bangladesh had some things in common such as the population of both countries and steady growth rate.

In his response, the Post Master General (PMG), Dr Ismail Adewusi, said the post was always ready to work with any establishment who needed its services.

Adewusi said that the post had successfully issued commemorative stamps in the past.

He added that commemorative stamps were usually issued at ceremonies connected with the subjects or for purpose it was issued.

He also said engagements such as that further strengthened the bilateral relations between countries which the federal government was passionate about.

“Since there is a time frame, we are willing to liaise with the high commission and work.

“This will also help in moving bilateral relations forward and move both nations towards the path of economic prosperity,’’ he said.

NAN reports that March 17 of each year is a national holiday in Bangladesh to celebrate the birthday of Rahman.

Rahman, served as the first president of Bangladesh, later as first Prime Minister from April 17, 1971 until his death on Aug. 15, 1975.

He is considered to be the driving force behind the independence of Bangladesh.

Edited By: Celine-Damilola Oyewole/Donald Ugwu

Foreign

Confirmed COVID-19 cases top 60,000 in Bangladesh, deaths reach 811

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Bangladesh reported 2,828 more COVID-19 cases on Friday, bringing the total in the country to over 60,000.

A total of 30 deaths including 23 men and seven women were reported in the last 24 hours, taking the death toll to 811,” Nasima Sultana, a senior Health Ministry official, told an online media briefing in Dhaka.

“The number of confirmed infections in the country totaled 60,391 on Friday,” she said.

Bangladesh recorded the highest daily cases of 2,911 on June 2.

According to the official, 14,088 samples were tested in the last 24 hours across Bangladesh.

Also during the last 24 hours, 643 more patients were released from hospitals and clinics, bringing the number of recovered patients in the country to 12,804.

(XINHUA)

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Foreign

Bangladesh’s forex reserves hit all-time high of over 34 bln USD on remittance, IMF COVID-19 emergency assistance

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Bangladesh’s foreign exchange reserves hit an all-time high of over 34 billion U.S. dollars on the back of an increase in inflow of remittances, said a senior central bank spokesman Thursday.

Md. Serajul Islam, executive director of the Bangladesh Bank (BB), told Xinhua that foreign exchange reserves touched the 34 billion U.S. dollars mark for the first time Wednesday, reflecting the country’s strength from the economical and financial point of view.

“Reserve reached a record amount of 34.23 billion United States dollars Wednesday evening. “

He said an emergency assistance of 732 million U.S. dollars, which was deposited Wednesday from the International Monetary Fund to help Bangladesh deal with the COVID-19 impacts following Bangladesh’s appeal for support, drove up the reserves after the month of remittance boom following Eid festival.

Bangladesh celebrated Eid-ul-Fitr, one of the two big religious festivals, on May 25. Muslims majority Bangladesh sees remittance boom every year during this festival from millions of non-resident Bangladeshis.

No exception was this time in inflows of remittances despite the COVID-19 outbreak in home and abroad, said the official.

According to BB, inward remittances increased by over 38 percent to 1.50 billion U.S. dollars last month from 1.09 billion U.S. dollars a month earlier following the Eid festival.

With the last month’s hefty inflows, the BB data showed, the inward remittances in the first 11 months of this 2019-20 fiscal (July 2019-June 2020) grew by about 9 percent to 16.36 billion U.S. dollars against 15.05 billion U.S. dollars in the same period of the last fiscal.

Another official with the Bangladesh Bank (BB) Forex Reserve and Treasury Management Department told Xinhua that the current reserve level is good enough to support Bangladesh’s resilience to external odds, as well as to maintain macroeconomic stability in light of the COVID-19 outbreak.

The official, who declined to be named, attributed to some extent the robust rise in foreign currency reserves to the slump in import bills due to COVID-19 that made businesses in the country sluggish in the recent months.

For a growing economy like Bangladesh, he said forex reserves equivalent to about seven months’ import bills are considered adequate.

Bangladesh is in a position now to pay around eight months’ import bills with the existing reserves, which are also enough to help the central bank’s efforts in keeping the foreign exchange market stable, said the official.

(XINHUA)

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Bangladesh reports 2,423 new COVID-19 cases, tally at 57,563

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Bangladesh confirmed 35 more fatalities from COVID-19 on Thursday, bringing the country’s death toll to nearly 800.

Nasima Sultana, a senior Health Ministry official, told an online media briefing in Dhaka that “2,423 new COVID-19 positive cases and 35 deaths were reported in the last 24 hours across Bangladesh.”

“The number of confirmed infections in the country totaled 57,563 while fatalities stood at 781,” she added.

Bangladesh recorded the highest 2,911 cases in a 24-hour period on June 2.

According to the official, 12,694 samples were tested in the last 24 hours in the labs across Bangladesh.

Also during the last 24 hours, 571 more patients were released from hospitals and clinics, bringing the number of recovered patients in the country to 12,161.

(XINHUA)

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Domestic flight operations resume after 2-month suspension in Bangladesh

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BANGLADESH-DHAKA-DOMESTIC FLIGHTS-RESUME” src=”http://www.xinhuanet.com/english/2020-06/02/139108702_15911024386701n.jpg” sourcename=”本地文件” sourcedescription=”网上抓取的文件”>

BANGLADESH-DHAKA-DOMESTIC FLIGHTS-RESUME” src=”http://www.xinhuanet.com/english/2020-06/02/139108702_15911024386701n.jpg” sourcename=”本地文件” sourcedescription=”网上抓取的文件”>

A staff member gives hand sanitizer to a passenger at Hazrat Shahjalal International Airport in Dhaka, Bangladesh on June 1, 2020. More than two months after the Bangladeshi government imposed a nationwide lockdown due to COVID-19, domestic flight operations resumed in a limited scale. (Str/Xinhua)

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Accelerating increase of COVID-19 cases seen in South Asian countries as Bangladesh records biggest daily jump

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Asia-Pacific countries are still facing a growing outbreak of the COVID-19 pandemic on Tuesday as Bangladesh recorded its highest daily increase, while India became the seventh country in the world in terms of infections.

Bangladesh confirmed 2,911 new cases, the highest daily rise since the outbreak of the pandemic in the country on March 8, bringing the total to 52,445.

A total of 37 more people including 33 men and four women died in the last 24 hours, taking the death toll to 709.

Bangladesh had earlier recorded highest 2,545 cases in a 24-hour period on Sunday.

India’s federal health ministry on Tuesday morning reported 204 new deaths and 8,171 positive cases during the past 24 hours across the country, taking the number of deaths to 5,598 and total cases to 198,706.

In Indonesia, the confirmed cases in Indonesia rose by 609 within one day to 27,549, and the death toll increased by 22 to 1,663.

The number of coronavirus cases in the Philippines climbed to 18,997 after the Department of Health reported 359 more infections on Tuesday.

The number of recoveries further climbed to 4,063 after 84 more patients have recovered, and the death toll also increased to 966 after 6 more deaths were reported.

Malaysia reported 20 new cases, pushing the national total to 7,877, the Health Ministry said on Tuesday.

Of the new cases, 15 are imported cases while the five local transmissions were made up of 3 foreign nationals and two locals.

No new death is reported with the total standing at 115.

South Korea recorded 38 more infections compared to 24 hours ago as of 0:00 a.m. Tuesday local time, raising the total number of infections to 11,541.

The daily caseload stayed above 30 for two straight days due to small cluster infections from religious gatherings in the metropolitan area.

New Zealand announced no new case on Tuesday for 11 consecutive days, with the combined total of confirmed and probable cases staying at 1,504, according to the Ministry of Health.

(XINHUA)

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ADB expands trade finance program to support Bangladesh private sector

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The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to 755 million U.S. dollars from 518 million U.S. dollars at the end of last year.

The TFP works with 12 partner banks in Bangladesh to mobilize private sector capital and fill market gaps by providing guarantees and loans to support trade, said the bank in a statement on Tuesday.

“Given the impact of COVID-19 on the economy, particularly availability of credit for private sector in Bangladesh, enhancement of the TFP will increase liquidity, help boost businesses, raise exports and imports, increase jobs, and contribute to economic growth and development,” said ADB Country Director in Bangladesh Manmohan Parkash.

Noting Bangladesh is one of the most active TFP countries, Parkash said, “The program has so far supported 814.6 million U.S. dollars in trade, with 70.7 percent co-financing by the private sector, over 1,367 transactions, as of 31 December 2019.”

“As trade transactions typically start and end within 180 days, the 755 million U.S. dollars can roll and support over 1 billion United States dollars in Bangladesh trade year over year.”

“A substantial portion of TFP‘s portfolio supports small and medium-sized enterprises (SMEs) and the expanded coverage of the very active program will result in enhanced inclusive support to traders, including women, in Bangladesh,” added Parkash.

(XINHUA)

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Foreign

Bangladesh reports highest daily rise of 2,911 COVID-19 cases, death toll tops 700

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Bangladesh confirmed 2,911 new cases of COVID-19 on Tuesday, the highest daily rise since the outbreak of the pandemic in the country on March 8, bringing the total to over 52,000.

Professor Nasima Sultana, a senior health ministry official, told an online media briefing in Dhaka that “the total number of positive cases is now 52,445 and the death toll stands currently at 709.”

She said that 37 more people including 33 men and four women died in the last 24 hours.

According to the official, 12,704 samples were tested in the 52 labs in the last 24 hours across Bangladesh.

During the last 24 hours, she said 523 more patients were released from hospitals and clinics, bringing the number of recovered patients in the country to 11,120.

Bangladesh had earlier recorded highest 2,545 cases in a 24-hour period on Sunday.

(XINHUA)

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Foreign

COVID-19 cases near 50,000 in Bangladesh, deaths reach 672

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Bangladesh reported 2,381 new COVID-19 cases on Monday, dipping from Sunday’s high of 2,545.

“A total of 2,381 new COVID-19 positive cases and 22 deaths were reported in the last 24 hours across Bangladesh,” senior Health Ministry official Nasima Sultana told a media briefing on Monday afternoon in Dhaka.

“The total number of positive cases is now 49,534 and death toll stands currently at 672,” she added.

According to the official, 11,439 samples were tested in the last 24 hours across Bangladesh.

Also during the last 24 hours, she said 816 more patients were released from hospitals, bringing the number of recovered patients in the country so far to 10,597.

(XINHUA)

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Foreign

Bangladesh slowly hits restart button on economic activities after two-month lockdown

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Offices, businesses and transports resumed in Bangladesh Sunday on a limited scale after being suspended for over two months following the COVID-19 outbreak.

On Sunday morning in capital Dhaka, train stations and ferry terminals were a bit crowded as people began returning to the city.

Although offices opened, the presence of staff and employees were thin as many of them reportedly availed permissions to work from home in light of the virus concerns.

The Bangladeshi government decided on Thursday to allow offices and businesses to resume under strict guidelines from May 31.

According to the government’s gazette notification, the limited reopening will remain in force until June 15, while the educational institutions would, however, remain closed.

The government declared a general holiday from March 26 and later extended the shutdown in phases till May 30 to quell the spread of the COVID-19 pandemic.

Prime Minister Sheikh Hasina said on Sunday that her government has taken measures to ease the plight of people and businesses affected due to COVID-19.

She made the remarks while announcing a new stimulus package to waive 20 billion taka (236 million U.S. dollars) bank interest of the people affected badly by the nationwide lockdown.

Since March 8, the virus has spread to nearly every Bangladesh district and the number of cases rose to 47,153 with 650 deaths so far.

(XINHUA)

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Contact US: editor @nnn.com.ng, nnnnews247 @gmail.com

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