Asifur Rahman

After the World Bank, the International Monetary Fund has now brought down Bangladesh’s growth forecast for this year as political uncertainty, industrial unrest and floods weigh heavily on economic activities.

The policy reforms being considered in Bangladesh will not only improve its business climate, but also increase foreign investment in the country, according to the top official of Excelerate Energy.

The government plans to sell some vegetables at subsidised prices for the low-income groups as part of a pilot project in the capital.

Two vessels anchored in Chattogram port last week to unload about 70,000 tonnes of liquefied petroleum gas by misreporting the country of origin of the product, said the LPG Operators Association of Bangladesh (LOAB).

The Power Division has replied to Gautam Adani’s letter to Prof Muhammad Yunus, chief adviser to the interim government, saying the government will clear its dues within the shortest possible time. 

The power supply situation has further deteriorated across the country as another power plant has completely shut and there is no sign of increasing generation in the immediate future.

Power cuts are getting more frequent as power generation has failed to keep up with the high demand caused by the rising mercury.

India’s Adani Group has been repeatedly requesting the interim government to immediately clear dues of around $800 million on their electricity sales, according to officials of Bangladesh Power Development Board (PDB). 

India’s plan to extend a cross-border diesel pipeline from Dinajpur’s Parbatipur upazila to Natore will apparently see delayed implementation for the ongoing political crisis, according to the Bangladesh Petroleum Corporation (BPC) and an Indian media outlet. 

At least Tk 127 crore owed by e-commerce companies to customers as refunds has been stuck in payment gateways since 2021, according to the commerce ministry documents.

The country, especially the rural areas, is experiencing frequent power cuts over the last couple of days due to insufficient electricity production from coal-based power plants, alongside the prolonged delay in increasing LNG regasification facilities.

A 1,320-megawatt (MW) coal-based thermal power plant located in Kalapara upazila of Patuakhali is ready to begin commercial operations by the end of this year, officials said..The first of the plant’s two units, which can generate 660 MWs daily, will commence production in October while th

Key organiser of the quota reform protest, Nahid Islam, a Dhaka University student, was allegedly picked up by law enforcers early on July 20, although law enforcers deny their involvement.

Thousands of consumers across the nation are facing immense difficulties in getting their cards for prepaid electricity and gas meters recharged amid the ongoing internet outage and the curfew.

Nahid Islam, a key organisers of the anti-discrimination student movement, was picked up by plainclothes persons from a house in Sabujbagh early Saturday, according to witnesses..They alleged the people broke the locks of the building gates to enter and detain Nahid, a masters student of D

Nahid Islam, a key organisers of the anti-discrimination student movement, was picked up by plainclothes persons from a house in Sabujbagh early yesterday, according to witnesses.

“Please help! We need money to send this body to his village for funeral. Donate whatever you can.”

It was absolute mayhem in Rampura and Badda areas on Friday..Quota protesters clashed with police and BGB personnel since morning to dusk, leaving at least 13 killed and over 500 injured. Many of the victims had bullet and shotgun pellet wounds on the upper part of their bodies..Thes

It was absolute mayhem in Rampura and Badda areas yesterday.

Bangladesh is mostly relying on imports for urea as gas shortage has brought local fertiliser production to a near halt, in a development that will cost the country dearly in terms of foreign currency reserves and food inflation.