The government is drawing up a three-year roadmap to gradually cut subsidies in the power and gas sectors, aiming to ease the growing fiscal pressure.
Bangladesh needs to expand its renewable energy capacity by 21 percent annually to meet its latest green energy target by 2030, requiring nearly $1 billion in yearly investment, according to a study by the Institute for Energy Economics and Financial Analysis (IEEFA).
The government plans to scale back its dependence on foreign loans as it seeks to mitigate threats to external debt sustainability.
The government has updated the Renewable Energy Policy after 17 years, aiming to produce at least 20 percent of the national power demand from green sources by 2030.
Target set to meet 20% of power demand from green sources by 2030
The loan utilisation period for the Rooppur Nuclear Power Plant is set to be extended by three years, as about $3.38 billion of the Russian credit remains unspent after the original deadline expired in December 2024.
Bangladesh's total debt reached Tk 1,944,171 crore by December 2024, increasing debt servicing pressure
The proposal to release the third and fourth tranches of the International Monetary Fund’s $4.7 billion loan is set to be presented to the multilateral lender’s board on June 23 after the government fulfilled all prior conditions.
Although there are no specific rules for the appointment of vice-chancellors (VCs) in public universities, there appears to be an unofficial yet mandatory criterion—a teacher has to be affiliated with a pro-government teacher’s panel to be nominated for the top post.
For many households and industries in Dhaka and its adjacent areas, gas supply has become as scarce as hen’s teeth for two months now.
As the Narayanganj City Corporation (NCC) elections come to a close, it was found that at least 13 councillors with murder, drugs, arms or explosives-related cases against them won their respective ballots on Sunday.
Selina Hayat Ivy was on course to win a straight third term as the Narayanganj mayor as she was ahead of her rival by 42,054 votes in yesterday’s city corporation polls, which was largely festive and peaceful.
The installation of prepaid gas meters is going on at a snail’s pace even though the system comes with many perks, including cuts in customers’ cost and a reduction in gas wastage.
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.
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.
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.
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.
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.
