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Dec 05th
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Headline
$3bn Mongla Port Deal Inked

Mongla Port Authority on Wednesday signed a memorandum of understanding worth around Tk 21,000 crore ($ 3 billion) with a Singaporean company to develop the second largest seaport of the country.

Mongla Port Authority chairman M Faruque and David Wignall Associates Pte Ltd's chief executive David Wignall signed the MoU at the shipping ministry.

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Country
S'pore co signs $3bn Mongla port deal

Mongla Port Authority has signed a memorandum of understanding with a Singaporean company looking to invest Tk 21,000 crore ($3 billion) to develop the second largest seaport of the country.

Shipping minister Shahjahan Khan, who was present at the MoU signing on Wednesday, said: "This is one of the biggest foreign direct investments in Bangladesh."

International
China Mine Explosion Kills 31, Traps 78

At least 31 miners were killed and 78 remain trapped 500 meters (yards) underground following a gas blast at a mine in China, state media said on Saturday.

The blast ripped through the mine around 2.30 on Saturday morning, when there were 528 people at work, but 419 got out safely, the official Xinhua news agency said.

 
Business
Govt Finalises PRSP

The government has finalised the second Poverty Reduction Strategy Paper (PRSP) for the next one and a half years. The implementation of the second PRSP during the period between Jan 01, 2010 and June, 2011 will cost Tk 2814.81 billion.

Finance minister AMA Muhith disclosed this on Wednesday after a meeting on the second PRSP at the planning ministry in the capital.

Sports
Steyn Doubtful For Final One-Dayer

South Africa fast bowler Dale Steyn could miss the fifth and final one-dayer against England on Friday due to a hamstring injury.

Steyn was hurt in the third match and sat out the fourth game which England won by seven wickets to take a 2-1 series lead. The opening game was washed out by rain.

 
Health
HIV-Infected Chinese Children Struggle With Stigma

The second storey of this nondescript building in Fuyang city in China's central province of Anhui houses HIV-positive orphans, but unlike many other similar establishments, there are no signboards outside.

Heavy stigma still surrounds the disease in China, and children -- probably the most vulnerable group among AIDS patients -- are almost invariably barred from schools and even abandoned by their parents and relatives.

Events
World Food Day being observed

Ministry of Agriculture in collaboration with United Nations Food and Agricultural Organisation brought out a rally in the city to mark the World Food Day on Friday. This year's theme of the day is 'Achieving Food Security in Times of Crisis'.

Agriculture minister Matia Chowdhury inaugurated the day's events through the rally followed by a procession that started from Khamar Bari, participated among others by agriculturists, scientists, officials and members of the public.