$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.
22h 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
December 17, 2021
5.2cr people food insecure in Bangladesh
The number of people without food security in Bangladesh increased 2.4 percent to 5.2 crore between 2018 and 2020, found a recent study by the UN’s Food and Agriculture Organisation -- as the pandemic worsened access to food.
December 11, 2021
Years of neglect erasing embodiments of history at Dhaka University
Amidst the excitement of centenary celebrations diffusing across Dhaka University (DU) campus, a number of university buildings have been adorned with vibrant lights and decorations.
December 9, 2021
1% of Bangladesh's population holds 16.3% of national income: Report
Just 1 percent of Bangladesh’s population holds 16.3 percent of the total national income in 2021 and the bottom half 17.1 percent, according to a report -- making it a quintessence of poor and unequal country.
December 4, 2021
Plan to Overhaul Landscape: Drastic changes designed for DU
Plans are afoot to change the landscape of Dhaka University.
November 30, 2021
Khulna Newsprint Mills: Shut 20 years ago, yet spent Tk 33cr
For many in their 30s and above, the word newsprint occupies a good part of memories of their schooldays.
November 25, 2021
State-run fertiliser factories: White Elephants they’re now
The factories are consuming natural gas heavily, but producing urea fertilizer much less than their modern peers do.
November 22, 2021
Matarbari Power Plant Project: Cost goes up 44pc with channel expansion
The outlay for Matarbari coal-fired power plant, one of the mega-projects of the government, is set to increase by 44.1 percent to Tk 51,854.9 crore following the decision to expand the channel to bring in coal.
November 19, 2021
No fault of their own
Ninety families living at Mohammadpur’s Japan Garden City have not been able to cook anything since Wednesday, as Titas cut the gas line of Capital Apartment building.
November 10, 2021
School Kids’ Covid Jabs: Joy is there, sufferings too
Long queues, mismanagement in the vaccine centres and multiple difficulties in the registration process have dampened the excitement surrounding the government’s initiative to inoculate schoolchildren aged 12-17 with Pfizer’s Covid-19 vaccine.
November 9, 2021
Over 70% teenagers exposed to cybercrimes: survey
More than 70 percent of teenagers were exposed to cyber-stalking, bullying, or blackmail online, while around 75 percent said they or their seniors or peers had sent or been asked to send explicit messages, photos, or videos, according to a recent survey.
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