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PDB’s power purchase cost to be Tk 1 lakh cr
Mahfuja Mukul: Bangladesh Power Development Board (BPDB) has to buy almost half of the electricity from Independent Power Producers (IPPs) and rent-based centers to meet the country’s demand. In the financial year 2021-22, a total of 85,607 million kilowatt hours of electricity was produced. Out of this, 40,174 million kilowatt…
Read More »How India, US, and China can impact Bangladesh election
Mubashar Hasan: In December 2013, Bangladesh’s Awami League (AL) government faced a crisis of legitimacy ahead of the general election. The largest opposition party, the Bangladesh Nationalist Party (BNP), and its ally, the Jamaat-e-Islami Bangladesh (JIB), announced a boycott of the election, following the government’s rejection of their demand to…
Read More »Economy may be at high risk
Depreciation of taka against dollar Mahfuz Emran: In the future, the country’s economy may be at great risk if the value of the taka against the dollar falls. Because the government’s debt and subsidy costs will increase. Import costs will also come under pressure. This will increase the huge financial…
Read More »PM Hasina gets emotional over losses in fire
Staff Correspondent: Prime Minister Sheikh Hasina became emotional over losses to traders in the Bangabazar fire ahead of Eid-ul-Fitr and asked everyone to stay vigilant to such incidents, Planning Minister MA Mannan has said. Hasina shared her advice as she presided over a meeting of the Executive Committee of the…
Read More »Police committed to fulfilling election- time responsibilities
Staff Correspondent: During elections, the police follow the directives of the Election Commission, Inspector General of Police Chowdhury Abdullah Al Mamun yesterday said.Police are committed to performing their duties properly, assigned by the Election Commission at that time.The IGP came up with the remarks while talking to reporters after inaugurating…
Read More »Traders playing with essential Ramadan products
Price hiked through systematic manipulation Ibrahim Khalil Jewel: When Ramadan comes, the demand for some products increases. Prices of commodities such as dates, gram, sugar, oil and onions became unbearable. This time was no exception. Unscrupulous traders have increased the prices of these products.Market participants say that the prices of…
Read More »3 dead, 12 injured as building partially collapses in Science Lab area
Staff Correspondent: At least three people died and twelve were injured when a building partially collapsed due to an “explosion that triggered a fire” at Dhaka’s Science Lab area.The deceased were identified as Tushar, Shafikuzzaman, and Abdul Mannan.Tushar and Shafikuzzaman were computer operators, and Abdul Mannan was an office assistant…
Read More »Over Tk 30,000 cr investments in LPG sector at high risk
Market shrinking day by day Mahmuz Emran: Thirty companies in the country have invested more than Tk 30 thousand crore in the Liquefied Petroleum Gas (LPG) sector. In the first eight years of the last decade, the growth of this sector was from 25 to 79 percent. Big companies invest…
Read More »81 insurance cos not paying Tk 6,500cr claim money
Ruining trust on the sector Ibrahim Khalil Jewel: The contribution of the insurance sector to the country’s economy is below 1 percent due to the lack of confidence. To increase the contribution of insurance to the economy and to make the common people aware about insurance, the government has celebrated…
Read More »Govt printed record new currency notes
Tk 18,500 cr released in 5-month Zarif Mahmud: To deal with the economic crisis, the supply of currency from the central bank to the market has been increased. This has increased the demand for cash. To meet this demand, a record amount of printed money has been released in the…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
