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State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said the government is encouraging investment in power and energy sector. “A policy guideline for the private sector has been drafted and through this, the national grid can be use on commercial basis,” he told a session of Asia …

The Cabinet Committee on Government Purchase (CCGP) today approved eight proposals, including 33.60 lakh MMBtu LNG import to meet the growing demand. The approval came from this year’s 16th meeting of the CCGP held virtually with Finance Minister AHM Mustafa Kamal in the chair. Briefing reporters virtually after the meeting, …

Bangladesh Energy Regulatory Commission (BERC) will hold hearing today on the proposed power tariff and find sources of subsidy. Power Division sought waiver of 34 percent VAT on import of HFO to reduce the cost of electricity generation. “I didn’t find the sources of subsidy in the previous report of …

Small and light engineering industries in Saidpur have helped the railway town emerge as a hub for producing valuable machinery and spare parts consumed by various sectors, thus cutting dependence on imports, saving foreign currencies and generating jobs for thousands. There are 500 large and small workshops in Saidpur under …

Stocks witnessed yet another big fall on Wednesday as the jittery investors continued to dump their holdings to avoid further erosion of their portfolios amid growing economic worries. The worry of economic instability and uncertainties of the coming days due to the Russia-Ukraine war coupled with price hike of essentials …

The National Board of Revenue (NBR) has been failing to achieve tax collection targets since the fiscal year of 2012-13 because of lofty goals set by the government and the absence of major reforms. In the current fiscal year, the tax administration is likely to miss the collection target once …

Although processed milk prices are rising at the retail level, farmers are yet to see any benefit as there is no sign of an increase on their end. The higher cost of feed and other inputs, including transportation, has inflated liquid milk prices in different areas in the Dhaka city. …

The ‘Land Service Week-2022’ will begin across the country on June 19 aiming to bring dynamism in land management and make people aware of their rights to land. Land Minister Saifuzzaman Chowdhury will inaugurate the ‘Land Service Week- 2022’ at Osmani Memorial Auditorium in the capital on June 19, said …

Bangladesh has fetched $1.04 billion from the exports of agricultural products during the July-April period of current 2021-22 fiscal year, posting a 26.26 percent growth over the same period of the last fiscal year. Export of agricultural products during the same 10-month of the last fiscal year was $824.59 million, …

The prices of onions and garlic almost doubled while unpackaged soya bean oil and palm oil were being sold at exorbitantly high prices on the markets over the week ending Friday. The prices of red lentil, potatoes and eggs also went up on the kitchen markets of Dhaka city on …