The Paradise Papers leak has revealed that businessman and BNP Vice Chairman Abdul Awal Mintoo had registered his energy company NFM Energy Ltd in tax haven Bermuda on August 9, 1999—just around the time when the American company Unocal had given him a small share to help “troubleshoot” its local business.
Good news: Annual Import of US$3 billion Liquefied Natural Gas (LNG) is to ease the decades-long gas crisis of the country. Import will start in April, 2018 and by October more than one third of the country's gas needs would be imported in the form of Liquefied Natural Gas (LNG).
There are concerns around the world about taking up nuclear power projects, especially from the safety and large-scale upfront investment aspects. And for Bangladesh, there is a concern that since we are a densely populated country, a nuclear accident would be a massive disaster for us.
The government is finding new ways to increase its revenue every year as the economy is getting bigger.
The government has missed its target to finish several large power projects on time, while demand for power keeps spiralling.
Lagging five years behind schedule, the government is finally expecting to import Liquefied Natural Gas (LNG) from Qatar from the end of next year to meet Bangladesh's never-ending gas supply shortfall.
Just a week after the US Department of State in its human rights report for 2016 expressed concerns about Bangladesh’s human rights condition, Bangladesh Inhuman Rights Commission expressed concerns about the deplorable human rights condition in the US.
The Japan funded massive Matarbari 1,200 megawatt coal power plant project near Maheshkhali was stalled following the Holey
It was around 1:30am Friday. Bachelor businessman Ashraf (not his real name) was returning home from a friend's place in
It all happened in seconds. Neither the driver of the white car, nor Ashraf saw a truck plying on the road in regular speed. Without slowing down, the white car moved to the side lane from the central lane in order to overtake the truck. It lost control and hit the adjacent footpath and turned turtle while retaining the speed.
Floating down the Pasur river on a boat from Mongla towards Khulna any day, a visitor will come across hundreds of barges and launches anchored along the river banks. Thick steel pipes fixed to powerful pumps in these vessels disgorge silt and sand from the river bed to fill up the uneven plains and water bodies of the farmland on both banks.
Amid public criticism against the 1320 megawatt Rampal Coal Power Project, the Indo-Bangla friendship power company has nearly completed its financial arrangement to start the construction work from late September.
Chittagong Port alone will not be able to handle the country's shipping needs in the next 15 years as the projected GDP growth dictates that the nation's container handling demand will triple by 2030.
A few months ago, retired cardiologist and photographer Dr Mahboob Ali was playing golf at the city's Kurmitola Golf Club
The government today is going to sign the first memorandum of understanding (MoU) for the Payra Deep-sea Port project with Belgian company Jan De Nul for an estimated $2 billion capital dredging and maintenance dredging.
People of the country have been witnessing severe power cuts for the last couple of days because of a drop in oil-based power generation resulting from a shortage of fuel supply.
In a country where corrupt practices dominate traffic rules and laws, the Bangladesh Road Transport Authority (BRTA) has prepared a draft law under which police would not require any warrant to arrest anyone for violation of traffic rules. Police lodge around 70,000 cases a month and there is a huge backlog of cases. Will this new law, if passed, help the situation?
Even a couple of years ago, it was unimaginable to think of a sultry April day without power outages.