coal plant power electri bangladesh

Bangladesh Grapples with Coal Dependency, Says Global Study

Bangladesh is facing a complex transition from coal-based energy, according to the Global Energy Monitor in its Boom and Bust Coal 2024 report published on April 11. The report, released worldwide, illuminates... Read more »
Bitcoin

Bitcoin Slides Nearly 8% to $61,842 Amid Volatility

Bitcoin experienced a significant drop of 7.9 percent, reaching $61,842 at 21:00 GMT on Saturday, marking a loss of $5,308 from its last closing price. According to Reuters, Bitcoin, the largest and... Read more »

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WTO World trade organization

Global Trade Faces Challenges Amid Regional Conflicts, Says WTO

The World Trade Organization announced on Wednesday that global trade is expected to rebound this year after experiencing an unexpected slump in 2023. However, it cautioned that regional conflicts, geopolitical tensions, and... Read more »
gold

Gold drifts higher as geopolitical tensions lift safe-haven appeal

Gold prices climbed on Thursday, recouping losses from the previous session, as geopolitical tensions bolstered demand for the safe-haven metal. Spot gold was up 0.6% at $2,345.56 per ounce, as of 0317... Read more »
PRAN IFC

IFC Invests $30mn in PRAN to Bolster Bangladesh’s Food Industry

The International Finance Corporation (IFC) is investing US$30 million in Pran Dairy Limited (PDL) and Habiganj Agro Limited (HAL), both part of the PRAN Group, a leading player in the food and... Read more »
Sheikh Hasina

PM Sheikh Hasina Urges Direct RMG Imports from Bangladesh by Brazil

Prime Minister Sheikh Hasina on Monday (8 April) urged Brazil to directly import Ready-Made Garment (RMG) products from Bangladesh. She emphasized that while RMG goods from Bangladesh have been exported to Brazil... Read more »
Chattogram Port

Chattogram Port, Customs Active During Eid Holidays

Chattogram port and customs are set to remain operational during the upcoming Eid-ul-Fitr holidays to facilitate a smooth supply chain, including import and export activities. Private depots and other related stakeholder organizations... Read more »
brazil, bangladesh

Brazil Backs Bangladesh’s BRICS Aspirations, Says Foreign Minister

On Sunday (7th April), visiting Brazilian Foreign Minister Mauro Vieira expressed strong support for Bangladesh’s keen interest in joining the BRICS alliance, stating that Brasilia viewed Dhaka’s aspirations “very strongly and positively.”... Read more »
Foreign Minister

Brazilian Foreign Minister Arrives in Dhaka for Bilateral Talks

Brazilian Foreign Minister Mauro Vieira arrived in Dhaka on Sunday morning to discuss bilateral issues and enhance trade and investment ties with Bangladesh. South America’s most influential country’s foreign minister will hold... Read more »
VAT

VAT pressure to increase in next FY raising inflation concerns

Despite the government’s initiative to formulate a contractionary budget in the upcoming fiscal year to control inflation, the finance ministry plans to generate around 51% more revenue from value added tax (VAT)... Read more »