Paradise Papers: Mintoo family named
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.
7y ago
Imported LNG to end gas crisis
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).
7y ago
Why do we need nuclear power?
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.
7y ago
Excise duty on savings: How ethical is it?
The government is finding new ways to increase its revenue every year as the economy is getting bigger.
7y ago
Slow projects dwarf power sector gains
The government has missed its target to finish several large power projects on time, while demand for power keeps spiralling.
7y ago
Gas price may rise as LNG import starts next year
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.
7y ago
Bangladesh Inhuman Rights Commission concerned about poor US human rights condition
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.
7y ago
Matarbari coal power project back on track
The Japan funded massive Matarbari 1,200 megawatt coal power plant project near Maheshkhali was stalled following the Holey
7y ago
March 17, 2016
Six power deals get go-ahead
The government continues to award power project contracts on the basis of unsolicited negotiations under the Special Act for Speedy Supply of Power and Energy, 2010, although the country is no longer reeling from electricity shortage.
March 12, 2016
Cybercriminals stole billions last year
Leading international software security group Kaspersky in its recent reports on worldwide cyber crime has placed Bangladesh in the world's number one position in both mobile malware attacks and offline attacks and 19th position on online attack target.
March 7, 2016
Unsolicited deal for Indian company?
The authorities may award an unsolicited contract to an Indian company to build a medium-sized power plant in Bhola island that would run on gas from Shahbazpur gas field or on imported petroleum, according to a competent source in Power Development Board (PDB).
February 21, 2016
Tender process turns awkward
The power ministry is set to seek decision of the cabinet's purchase committee to either cancel an on-going power tender because of controversy surrounding it or award its contract to a Chinese consortium that created the controversy.
February 5, 2016
How the newsroom changed in the last 25 years
Have you heard of a horse-shoe desk? Or a cellophane makeup page? A dark room? Or even a typewriter? Oh well, of course you probably have at least heard of them.
January 19, 2016
Is making profit BPC's only job?
For around 15 years, Bangladesh had to struggle with import of oil because the price continued to climb from just $25 in1998 a barrel to $145 in 2008. The country's oil importing agency Bangladesh Petroleum Corporation (BPC) counted staggering losses from 1999 till mid 2014.
January 18, 2016
India's Bhel gets Rampal contract
Indian power company Bhel has been selected to construct the 1,320-megawatt coal power plant in Rampal close to the Sundarbans.
January 11, 2016
Spl power plant to check outage
The Power Development Board (PDB) is floating a tender to set up a gas-fired power plant in Shahjibazaar that would remain standby to pump in electricity whenever there is a supply drop in the national grid.
January 9, 2016
New device for checking ID
A local tech firm has developed an android device equipped with a fingerprint scanner and a smartcard reader that can identify people by matching them with the national database on the fly.
January 3, 2016
Coal power loses steam
In the last six years, the Awami League government has made significant progress in the power sector virtually eliminating the phenomenon of load shedding. But this success may grind to a halt in the near future as the government's new plans to build two dozen large coal power plants are going nowhere fast.
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