Real-Estate & Infrastructure

A series of power substation projects under the Power Division have stalled as the country’s local power transformer producer Energypac is facing a massive fund crisis. The under-construction power projects involve a total cost of over Tk 10 billion. The company’s fund crisis was exposed during a review of the …

The securities regulator has continued to keep the price movement restriction in place, even though it restrains the market operation, because of the dominant presence of individual investors. More than 80 per cent investors of the country’s stock market are retailers, as opposed to the global scenario where institutional investors …

Srihatta Economic Zone has become active as a door and window manufacturing company started production in the special area in Moulvibazar’s Sherpur. Double Glazing Industries Limited—a company run by a woman entrepreneur from the UK—began production in November this year in the 352-acre economic zone developed by the Bangladesh Economic …

Industrial demand for liquefied petroleum gas (LPG) has shot up around threefold in the past couple of months, which market insiders believe resulted from industries trying to reduce their reliance on diesel for a hike in its price. In November, around 25,000 tonnes of LPG were sold to industries whereas …

The price of coal in Bangladesh has flared up by some 78 per cent over the past year, hitting Tk 32,000 per tonne at present compared to Tk 18,000 per tonne previously, as depreciation of the local currency against the US dollar has made imports costlier, according to industry people. …

With Bangladesh rapidly improving its infrastructure and connectivity and making regulatory reforms, Japan expects massive foreign investments flowing into the country as it looks to become a regional industrial hub in a few years. “As we get out of the current economic crisis, Japanese companies will look at Bangladesh as …

A new study has unearthed flaws in the beneficiary selection under the “Amar Bari, Amar Khamar (My house, My farm)” project as it found the inclusion of ineligible households in the much-hyped scheme. Non-deserving members, especially the influential or their close ones joined the village development organisations (VDOs) and received …

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that all the liquid fuel-based power plants will be phased out within next two years. “We think, we can come out of all liquid fuel-fired power plants in next two years”, he told a seminar titled: “Energy Transition: …

DHAKA, Dec 3: State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said that a policy preparation work is underway to allow private sector for importing and selling fuel, reports BSS. “Ensuring supply of fuel at a lower price is the main problem now. Apart from the government, …

Although the tea industry in Bangladesh has made significant advancements, tea plantation workers continue to be underpaid – a challenge that remains overlooked by the industry and the government, experts said at a dialogue on Wednesday. They also said that all stakeholders had to step forward to improve the living …