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.
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.
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
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.
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.
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.
After the World Bank, the International Monetary Fund has now brought down Bangladesh’s growth forecast for this year as political uncertainty, industrial unrest and floods weigh heavily on economic activities.
The policy reforms being considered in Bangladesh will not only improve its business climate, but also increase foreign investment in the country, according to the top official of Excelerate Energy.
Around 350 people lost their bid to run for parliament as independents because they failed to prove that they had the support of at least one percent of the voters in their constituencies.
A total of 128 female candidates are set to run for 99 seats in the January 7 national election. This is only 4.71 percent of the total 2,713 candidates taking part in the polls.
This is only 4.71 percent of the total 2,713 candidates taking part in the polls in 300 constituencies
The number of independent aspirants submitting nomination papers for the upcoming national polls is at an all time high.
A total of 244 aspirants, either with a party ticket or independently, will fight in the 20 constituencies of Dhaka, according to the data of two Returning Offices of the district.
Jatiya Party (JP) leader Md Rafiqul Islam, who has submitted nomination from Trinamool BNP, is going to contest the 12th national election from Dhaka-4 constituency without his party's consent.
The Election Commission has instructed different ministries, departments and organisations to suspend initiating any new projects or programmes, including reliefs and grants for all constituencies, ahead of the upcoming 12th national election.
The Election Commission will have more time to scrutinise nomination forms and dispose of appeals this time than in the previous few national elections.
Owners of the country’s private power plants have sought the prime minister’s assistance in settling their claim of Tk 4,000 crore on top of their overdue fuel import bills.
The amounts a candidate can spend for electioneering on each voter and in total in the upcoming national election is the same as before, according to a notification from the Election Commission.