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
How does Bangladesh handle a disaster like an oil spill? Why use utensils?
Finance Minister AMA Muhith could not come up with any major new announcements regarding the country's energy infrastructure,
Indian Reliance Group is lobbying hard with the government to sign a Memorandum of Understanding (MoU) during Indian Prime
Galleri Kaya, which is turning 11 years old on May 28, is set to showcase a rare collection of art by most of the great modern artists of the country.
The government's bid to turn Moheshkhali into the top energy hub may fail to take off in time as policymakers have overlooked how the island's low-lying land will be filled before machines for power plants are installed.
Bangladesh Telecommunications Company Ltd (BTCL) is set to lose a $25 million Japanese soft loan for a countrywide telecom backbone as it repeatedly failed to adhere to the donor's guidelines in awarding the project to the lowest bidder.
The 2400-megawatt Rooppur nuclear power project is likely to cost around $10 billion, more than three times the initial estimate of the government.
The project had no financing and neither did it have any Development Project Proposal (DPP) approved from the planning ministry. Yet, the cabinet's purchase committee in late February approved a project to install a “tier four” national data centre at a cost of $154 million.
It took the police four days to admit that at least 20 women were sexually assaulted by a large group of men during the Pahela Baishakh
While the implementation of dozens of power projects has slowed down in the last one year, the authorities are expecting to add as