Wednesday, 10 August, 2022, 10:44 AM
Shahnaj Begum



Shahnaj Begum
China grants duty free access to 98pc BD products: Wang YiChinese State Councillor and Foreign Minister Wang Yi said on Sunday that the Chinese government has granted duty-free access to 98 per cent Bangladeshi products to its market from September 1, 2022.With the new announcement, 98 per cent of Bangladeshi products will join this zero-tariff club from September 1 that raised the numbers of Bangladeshi ...
Fuel price hike jolts experts, trade bodies
Shahnaj Begum
Price hike unjust when global price is decreasing: Dr Tamim"It is an unexpected and unjustified decision of the government to increase fuel price by 51.7 per cent when it is decreasing globally. Just three weeks back, we were procuring fuel from the global market at a rate of US$170 per barrel then we were reluctant to buy but today the price is $135 per ...
Tk 2,000cr To Petrobangla From GDF
Shahnaj Begum
If proven action will be taken: BERC Chair Gas Development Fund (GDF) is consumers' money, which they paid in addition to their bills for gas field development and gas security purposes, it shall not be used for any other purpose, Chairman of Bangladesh Energy Regulatory Commission (BERC) Abdul Jalil said on Tuesday."We are not aware about the issue, [that Petrobangla was provided Tk ...
Barapukuria signs deal with consultant
Shahnaj Begum
DMT to determine iron ore reserve in Dinajpur Barapukuria Coal Mining Company Ltd has signed a contract with DMT Consulting Ltd to determine the reserve of iron ore and its commercial potential at Hakimpur upazila of Dinajpur.On June 19 in 2019, the Geological Survey of Bangladesh (GSB) announced that they discovered the country's first magnetic mine or iron ore at Dinajpur's Hakimpur upazila. ...
Shahnaj Begum
Energy saving plan fails to attract public attention: DG Power Cell The measures taken by the government to save 1,000 MW of electricity from "energy savings programme" has failed to get public response in the area-wise load-shedding schedule that started last Tuesday."We have a plan to cut 10 per cent use of liquid fuel to save energy and precious dollar but people are madly collecting diesel ...
Shahnaj Begum
Maddhapara Granite collects Tk 100cr evading Tk 15cr taxPetrobangla helped the Maddhapara Granite Mine Company Ltd (MGMCL), a sister concern of the state owned organization to avail a bill worth TK 100 crore evading TK 15 crore tax-VAT.As per agreement, the contractor shall entirely responsible for all kinds of taxes, duties, fees, levies and such other charges assessed on the contractor, which usually ...
Shahnaj Begum
Recurrent power outages fray rural people’s nervesPeople in rural areas are experiencing unprecedented load shedding for the last two days as the Rural Electrification Board (REB) and Power Development Board (PDB) are rampantly cutting off  power without any prior announcement or maintaining time schedule.About 20 Palli Bidyut Samity (PBS) out of 80 PBSs are facing sever load shedding at daytime and ...
Shahnaj Begum
BD seeks GSP+ status as EU starts weighing labour law executionBangladesh wants an extension of the existing duty-free quota-free (DFQF) market access from the EU countries as a member of the World Trade Organisation (WTO) for 12 years after the country's graduation to the group of developing country. Bangladesh is set to leave the LDC group by 2026 and could enjoy DFQF market access up ...
A severe crisis looms
Shahnaj Begum
Fall of BDT against USD prevents BPC from importing fuel  Currency depreciation, high import costs of petroleum and liquefied natural gas (LNG) in the global market has prevented Bangladesh Petroleum Corporation (BPC) from opening letters of credit (LCs) for fuel import."Fuel import in the future may be at risk," earlier, BPC warned, saying that if the LCs are not opened at the right time, a ...
Shahnaj Begum
Power outage returns with full fury, cripples consumers  Load-shedding has reappeared after a gap of a few years adding to the sufferings of domestic consumers and causing loss to the industrial sector. Now the northern part of the country has been experiencing power outage for 6 to 7 hours a day. In capital Dhaka the load-shedding is continuing for 3 to 4 hours ...
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