Bangladesh

Zarif Mahmud: In the last 15 and a half years of the Awami League government, more emphasis was placed on increasing the power generation capacity. Although the electricity production capacity stands at 27,791 megawatts, not even half of it is actually being used. Yesterday, 45 centers were completely or partially…

Staff Correspondent: Bangladesh Bank (BB) has paid USD $1.37 billion in import liabilities of member countries of the Asian Clearing Union (ACU) for the last two months of July and August. After paying the ACU’s liabilities, the central bank’s foreign exchange reserves stood at $19.46 billion on Tuesday as per…

Staff Correspondent: A case has been filed against 90 people including former captain of Bangladesh national cricket team Mashrafe Bin Mortaza on charge of carrying out attacks on students and people during the anti-discrimination student movement. Sheikh Mostafa AL-Muzahidur Rahman Palash filed the case with Narail Sadar Police Station on…

S Alam Group’s ‘Bank Loot’ Story Staff Correspondent: Sheikh Hasina and Sheikh Rehana along with three immediate past governors were involved with the Islami Bank scam. Md. Shahabuddin, the President and S Alam were the mastermind.Islami Bank Bangladesh Limited (IBBL) was once considered as one of the most profitable banks…

Staff Correspondent: 70 ministers, MPs, bureaucrats and privileged VIP businessmen of the Awami government who lost power in the mass coup are now in the net of the Anti-Corruption Commission-ACC. In the meantime, many are facing jail-fines due to irregularities, corruption and arbitrariness of huge wealth and influence-prestige, but they…

Zarif Mahmud: Desperation spread among stock market investors as prices fell for the sixth straight day. Market capitalization has fallen by more than Tk 1 lakh crore in the six-day fall. Investors’ losses have been compounded by the fall in prices, which began after the fall of the government, which…

RMG on doldrums Staff Correspondent: Two young women were peeping at the gate of a garment factory closed on Monday in Mandal market area of Ashulia in Savar. Sumaiya and Khadija, both ‘Souls of Harihar’. A village house of two people in the rush of Sirajganj. He has been knocking…

Staff Correspondent: 30 percent of Awami League’s worker-supporters dropped after the polls due to keeping the 12th National Assembly elections open and working for dummy candidates. For that reason, the newly deposed party did not receive much response despite calling for anti-discrimination student movement in July. After the elections, 30…

Special Correspondent: India’s Adani Group is strategically profiting from its electricity sales in Bangladesh, despite receiving duty and tax exemptions in India. The company is charging high capacity fees and is now pushing to price low-grade coal at the rate of high-grade coal. Adani Power is demanding at least a…

Industry Desk: United Nations High Commissioner for Human Rights Volker Türk has said Bangladesh now has an opportunity to chart a new future, with the interim government making publicly clear its commitment to a peaceful and inclusive process grounded in human rights and the rule of law.“My office is supporting…