Asifur Rahman

Offshore gas exploration fails to attract foreign firms

Seven global oil and gas companies purchased tender documents for gas exploration in the Bay of Bengal, but none submitted the papers within the deadline, which ended yesterday.

1d ago

No foreign firm shows interest in Bay of Bengal gas exploration

Seven purchased tender documents, but none submitted papers finally

2d ago

Reliance on captive power weakens PDB

Captive power, which the industrial sector in Bangladesh leans on heavily, has been weakening the financial health of the Bangladesh Power Development Board (PDB) by costing it customers that pay the highest tariffs.

6d ago

Summit, Petrobangla disputing $22m bill

Summit has run into a payment dispute with Petrobangla over a $22 million bill for the four months its floating LNG terminal was out of commission as a result of damages from cyclone Remal.

1w ago

$234 billion siphoned off during AL rule

A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.

1w ago

The first night of curfew and a surprise ‘abduction’

It was a clear moonlit night. There was a slight breeze. An eerie quiet blanketed the streets.

1w ago

$14b a year lost to capital flight during AL years

Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.

1w ago

Nagorik committee: Members split over ex-Shibir leader joining

Jatiya Nagorik Committee has included a former top leader of Islami Chhatra Shibir in its extended central committee, ignoring objections from a section of committee members.

2w ago
December 10, 2024
December 10, 2024

Offshore gas exploration fails to attract foreign firms

Seven global oil and gas companies purchased tender documents for gas exploration in the Bay of Bengal, but none submitted the papers within the deadline, which ended yesterday.

December 9, 2024
December 9, 2024

No foreign firm shows interest in Bay of Bengal gas exploration

Seven purchased tender documents, but none submitted papers finally

December 5, 2024
December 5, 2024

Reliance on captive power weakens PDB

Captive power, which the industrial sector in Bangladesh leans on heavily, has been weakening the financial health of the Bangladesh Power Development Board (PDB) by costing it customers that pay the highest tariffs.

December 4, 2024
December 4, 2024

Summit, Petrobangla disputing $22m bill

Summit has run into a payment dispute with Petrobangla over a $22 million bill for the four months its floating LNG terminal was out of commission as a result of damages from cyclone Remal.

December 2, 2024
December 2, 2024

$234 billion siphoned off during AL rule

A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.

November 30, 2024
November 30, 2024

The first night of curfew and a surprise ‘abduction’

It was a clear moonlit night. There was a slight breeze. An eerie quiet blanketed the streets.

November 29, 2024
November 29, 2024

$14b a year lost to capital flight during AL years

Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.

November 27, 2024
November 27, 2024

Nagorik committee: Members split over ex-Shibir leader joining

Jatiya Nagorik Committee has included a former top leader of Islami Chhatra Shibir in its extended central committee, ignoring objections from a section of committee members.

November 23, 2024
November 23, 2024

Power, Energy Sector: Arrears, subsidies weighing down govt

The interim government is struggling to pay the power bill arrears that were caused largely by “unfair” contracts signed between the previous administration and power producers, and rising international fuel prices.

November 4, 2024
November 4, 2024

Now coal power plants scaling back production

Coal-fired power plants are dialling down production or even shutting down due to financial, legal or technical issues, leading to power cuts across the country, especially the rural areas.