Thursday, December 5, 2024

Power division declines IMF proposal for power tariff increase

The Power Division under the Ministry of Power, Energy, and Mineral Resources has rejected the International Monetary Fund's (IMF) proposal to raise electricity tariffs.  This...

Address political, social causes of money laundering first: BB Governor

Identifying capital flight as a major factor behind weak financial sector, Bangladesh Bank Governor Ahsan H Mansur has called for addressing political and social factors...

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Power

Power division declines IMF proposal for power tariff increase

The Power Division under the Ministry of Power, Energy, and Mineral Resources has rejected the International Monetary Fund's (IMF) proposal to raise electricity tariffs.  This...

Key reforms can save BPDB’s $1.2bn loss annually: IEEFA

The Bangladesh Power Development Board (BPDB) can avoid Tk13,800 crore or US$1.2 billion annual financial loss and lower subsidy burdens by addressing core problems...

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Emirates posts $2.6bn half-year profit in 2024-25

Emirates airline’s profit before tax for the first half of 2024-25 hit a new record of USD$ 2.6 billion. Emirates profit after tax is $2.4...

Economy

Address political, social causes of money laundering first: BB Governor

Identifying capital flight as a major factor behind weak financial sector, Bangladesh Bank Governor Ahsan H Mansur has called for addressing political and social...

IMF to release $1.1bn by March: Finance Adviser

The International Monetary Fund (IMF) has assured Bangladesh of releasing US$1.1 billion by March this fiscal as fourth tranche of the $4.7 billion loan...

Bangladesh turned ‘kleptocracy’ after 2018 polls: Dr Debapriya

Bangladesh has transitioned from crony capitalism to a kleptocratic state following controversial national elections in 2018, eroding democratic rights and accountability, according to Dr....

$16bn laundered annually under Hasina regime: White Paper

Bangladesh experienced an average of $16 billion in annual illicit financial outflows during former Prime Minister Sheikh Hasina's administration, according to the final draft...

Bangladesh, Japan sign loan deals for two major development projects

Bangladesh and Japan have signed the ‘Exchange of Notes’ and ‘Loan Agreements’ for two major initiatives under the 45th Japanese Official Development Assistance (ODA)...

Corporate Corner

Begum Jamila Shabnam and Muhammad Hasnat Morshed Bhuiyan have been elected president and general secretary of the 28th BCS (Administration) cadre recently. This newly elected...

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