$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.
20h 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
January 16, 2022
It took 42 years, but they’re finally out!
Way back in 1960, Bangladesh Small and Cottage Industries Corporation (BSCIC) bought 162 decimals of land from an Indian private company in Nolgola area of Old Dhaka, on the banks of Buriganga near Mitford Hospital.
January 14, 2022
Covid Vaccine: People suffer as chaos grips Mugda centre
Hundreds of vaccine seekers, not enough space for social distancing, inadequate number of attendants to organise jab recipients and confusion about whether certain doses will be administered.
January 14, 2022
Govt study finds most adolescents aspire to pursue mainstream careers
Although the pressure to become a doctor or an engineer is gradually dissipating, the two professions still rank on the top among the youths, found a first-of-its-kind study by the government.
January 9, 2022
Covid eating away jobs for the youth
As many as 1.6 million youths lost their jobs and about 20 million faced income loss for the pandemic, found a government study -- signifying the global public health crisis’s outsize economic consequences for Bangladesh’s younger population.
January 9, 2022
UP elections: First, it’s 100pc, then it’s 75pc
Polling officials made a mess of counting ballots at a voting centre in Shariatpur’s Naria upazila during the fifth phase of the union parishad polls on Wednesday, raising questions about the credibility of the election results.
December 31, 2021
SSC, Equivalent Exams: Stellar results on curtailed syllabus
With three optional subjects and exams carrying fewer marks, this year’s SSC candidates have achieved outstanding results, showing an increase in pass rates and number of GPA-5 achievers in nine general education boards.
December 29, 2021
4th Phase UP Polls: AL sinks in its strongholds
Awami League candidates in Faridpur have never faced defeats as comprehensive as the ones they suffered in the fourth phase of union parishad polls held on Sunday.
December 26, 2021
EC breaches law
The Election Commission, in a clear violation of the law, accepted nomination papers after the stipulated time for the Chandipasha Union Parishad polls in Myemensingh’s Nandail upazila.
December 23, 2021
Sony, Dwip Murder Trials: Neglected, they see no closure
Twenty Buet students were handed death sentence and five others life imprisonment this month for the murder of their fellow student Abrar Fahad inside a university dorm on October 7, 2019.
December 19, 2021
Fertiliser plenty, yet prices high
Farmers in different districts are buying fertiliser at prices higher than those set by the government even though the authorities insist there is no crisis in the country.
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