$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.
15h 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.
2d ago
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.
6d ago
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.
3w ago
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
3w ago
Heatwave cost Bangladesh $21b last year
Heat exposure had severe economic consequences for Bangladesh last year, leading to an estimated income loss of $21 billion due to reduced labour capacity, according to the latest Lancet Countdown report.
4w ago
AL govt put finance adviser, BB governor in legal trouble
The immediate past Awami League government’s failure to settle an international arbitration claim has left Bangladesh in a legal tangle in the US, leading to a surprise judicial order against two top officials of the interim government during their official visit to Washington last week.
1m ago
‘They got capacity charges for 16yrs. Not anymore’
A retired bureaucrat, Muhammad Fouzul Kabir Khan has been tasked with heading three significant ministries for the economy: power, energy and mineral resources; road transport and bridges; and railways.
1m ago
May 12, 2022
Bangladeshi media still a man’s world
Only 10 percent of the total employees are female in Bangladesh’s media, while only about 6 percent are in reporting, found a recent global study.
April 28, 2022
Dutch horticulture exhibit: 100 officials going abroad, austerity out the window
At least 100 agriculture ministry officials will participate in phases in a six-month international horticulture exhibition in the Netherlands, even though the government had asked to abandon all routine tours except those involving emergencies.
April 26, 2022
Bangladesh's gas reserves drying up
The yield of Kailash Tila, the main source for Sylhet Gas Fields Ltd, was on average 69 million cubic feet per day in 2016, but it dropped to 29 million cubic feet in January this year.
March 27, 2022
Berc recommendation: Pre-paid gas users victimised
Households with pre-paid meters will suffer most if the recommendation of the 43 percent hike in gas price is implemented -- a development that can slow down the installation of the meters.
March 21, 2022
Lights turning on in Payra region
Patuakhali’s Rangabali upazila, a coalition of 22 small islands in the Bay, did not have access to electricity just a year ago.
March 20, 2022
PM to inaugurate 1,320MW Payra power plant tomorrow
The Payra area in Patuakhali is going to be a major economic hub with a sea port, a special economic zone, an airport and the country’s biggest coal-fired power plant that will officially launch operation tomorrow.
March 18, 2022
Complaints against telcos piling up
The stack of complaints against mobile phone operators is increasing everyday but the authorities are having to keep those aside because of a case pending at High Court (HC).
March 14, 2022
Prize Bonds: Tk 35 crore winnings remain unclaimed
Have you ever bought a national prize bond? If you have, then please match your bond numbers with the draw results again as you could be one of those lucky few who are yet to claim their prize despite winning the lottery.
March 13, 2022
Does anyone ever leave DU?
The central playground of Dhaka University almost seemed like it accommodated the whole campus on that one field yesterday.
March 11, 2022
TCB coverage: Govt decides to deliver to 5cr people
Amid soaring prices of daily essentials, the government has decided to deliver 61,000 tonnes of soybean oil, sugar, chickpea and lentil to five crore people through the Trading Corporation of Bangladesh.
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