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Asifur Rahman

KM Rezaul Hasanat David

Cronyism dominated power sector under Awami League

Bangladesh’s power sector was long dominated by political influence, muscle power, and artificial crises designed to benefit a handful of companies during the deposed Awami League regime, said KM Rezaul Hasanat David, president of the Bangladesh Independent Power Producers’ Association (BIPPA).
18 October 2025, 18:47 PM
bhaluka.jpg

Private firms can now sell renewable power directly to customers

New policy removes state-run Power Development Board (PDB) as the sole buyer and seller from the process
13 October 2025, 18:00 PM
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Gas supply declining despite higher LNG imports

The country’s overall gas supply dropped further last fiscal year, despite higher LNG imports, due to a continued decline in domestic production.
10 October 2025, 18:26 PM
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Most fertiliser plants starved of gas

The govt needs to import as much as 50 percent of the country's annual urea demand
6 October 2025, 18:10 PM
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World Tourism Day: Tourism potential remains untapped

Despite its rich culture, diverse landscapes, and vibrant biodiversity, Bangladesh’s potential as a tourist destination remains underutilised, for which tour operators blame poor branding and inadequate infrastructure.
26 September 2025, 20:16 PM
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Costs of 2 new metro lines set to soar

Taka devaluation puts strain on projects; govt in talks with Japan to adjust terms to keep them affordable
19 September 2025, 18:27 PM
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Shibir’s quiet groundwork pays off

Patience, discipline, and long-term planning turned the tide for Islami Chhatra Shibir, delivering a Ducsu triumph once considered a pipe dream for the student front of Jamaat-e-Islami.
10 September 2025, 22:16 PM
du-vote-text.jpg

Hopes run high as DU goes to vote today

The much-anticipated Ducsu and hall union elections are set to be held today after a six-year pause, bringing renewed hope for campus democracy.
8 September 2025, 18:05 PM
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IMF’s two tranches to be placed to board on June 23

The proposal to release the third and fourth tranches of the International Monetary Fund’s $4.7 billion loan is set to be presented to the multilateral lender’s board on June 23 after the government fulfilled all prior conditions.
14 June 2025, 18:04 PM
power-electricity-grid

Palli Bidyut Protest: Staff shortage sparks concerns over Eid power supply

Demonstrators' demands include removal of REB chairman, unified service rule
4 June 2025, 17:26 PM
rooppur-nuclear-power-plant

Power division gets 30% lower budget allocation

The allocation for the power division in the national budget for fiscal year 2025-26 is around 30 percent less than that of the previous fiscal year, while it has been nearly doubled for the energy and mineral resources division. .The government has decided to cut electricity production c
4 June 2025, 16:01 PM
budget for power and energy in 2025-26

Power division allocation cut by 30%, energy gets 100% boost

LNG import will stand 6.5 million tonnes from 5 million, cut import VAT
3 June 2025, 14:00 PM
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Rooppur, MRT-1, Matarbari to get special focus

Three mega projects will get special focus in the upcoming development budget with the view to providing cheaper electricity, easing Dhaka dwellers’ transportation problem and enhancing international trade for Bangladesh.
28 May 2025, 18:14 PM
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GDP growth lowest since pandemic

Bangladesh’s GDP grew by 3.97 percent this fiscal year, the slowest in 34 years excluding the pandemic, on the back of lower growth in the agriculture and service sectors.
27 May 2025, 18:08 PM
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FY26 budget: 22% of revenue to go towards interest payment

As much as Tk 122,000 crore is expected to be allocated for interest payment in the budget for the upcoming fiscal year, which is about 22 percent of the total revenue budget.
26 May 2025, 19:23 PM
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FY26 Budget: Subsidy spending to hold steady

The budget for fiscal 2025-26 is likely to be smaller than the current year’s outlay, but subsidy spending is expected to remain almost unchanged at Tk 1,15,741 crore.
25 May 2025, 18:41 PM
govt food subsidy increase in fy26 budget

Govt plans 31% hike in food subsidy in FY26 budget

The government plans to raise the food subsidy allocation by 31 percent to Tk 9,500 crore in the upcoming fiscal year, aiming to ensure access to affordable food for poor and low-income households.
22 May 2025, 18:00 PM
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Kerosene, diesel to no longer cost the same

Kerosene and diesel will no longer cost the same, as per a new fuel pricing formula introduced by the Energy and Mineral Resources Division yesterday. ..As per the formula, Bangladesh Petroleum Corporation’s (BPC) administrative costs and Eastern Refinery’s fuel processing costs hav
20 May 2025, 15:28 PM
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10 segments to get 52% of ADP

For the first time, the planning ministry has used a digital budget planning system to categorise spending based on economic codes
18 May 2025, 18:14 PM
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10 ministries brace for budget cuts

The railway ministry, the power division, and the primary and mass education ministry will see the biggest chop.
17 May 2025, 18:20 PM
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IMF loan tranches: Agreement with IMF at last

The government has reached a staff-level agreement with the International Monetary Fund for the fourth and fifth tranche of the $4.7 billion loan programme, putting to bed months of uncertainty over their disbursement.
14 May 2025, 18:10 PM
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IMF loan: Deadlock broken

The government is set to reach an agreement with the International Monetary Fund over the exchange rate issue that has been holding up the release of the fourth and fifth tranches of the $4.7 billion loan programme soon.
10 May 2025, 18:27 PM
FY26 budget reform plans

FY26 budget: Debt servicing costs, food subsidies to rise

The next budget may be slightly smaller than the current fiscal year’s, but non-development spending is expected to rise by over 5 percent due to higher debt servicing costs, food subsidies, and a special allocation for bank reforms.
5 May 2025, 18:05 PM
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Meeting with IMF today to break deadlock

The government and the International Monetary Fund are set to meet again today for another round of negotiations over the release of the fourth and fifth tranches of a $4.7 billion loan programme.
4 May 2025, 18:01 PM
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Furnace oil: BPC drowning in stock overload

Based on private electricity producers’ request, the Power Development Board (PDB) asked Bangladesh Petroleum Corporation (BPC) to nearly triple its import of furnace oil to around 500,000 tonnes a month so that the electricity demand in the summer can be met.
24 April 2025, 18:08 PM
tax collection target for IMF loan

Talks with IMF: Consensus likely on exchange rate, revenue issues

The fourth tranche of the instalment was deferred due to disagreements and now talks are going on to release two tranches at once.
23 April 2025, 18:01 PM
enforced-disappearances

Enforced disappearance: Life term or death penalty for culprits

Government officials will face death penalty or minimum life sentence if found guilty of causing the death of enforced disappearance victims, according to a draft ordinance unveiled yesterday.
22 April 2025, 18:01 PM
rooppur-nuclear-power-plant

Rooppur payment: Govt to seek US sanction waiver

As much as $900 million has been on hold since 2022 in the central bank's escrow account
20 April 2025, 18:11 PM

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