Emir of Qatar's visit to Bangladesh: Focus on energy, trade and cooperation 22 April

Several senior diplomats, speaking on condition of anonymity, said that Qatar's former Emir Hamad bin Khalifa Al Thani had visited Bangladesh in 2005. Another Emir of Qatar is set to visit Bangladesh after almost two decades. Qatar's diplomatic relations with the Arab League, particularly other Middle East countries and Arab countries led by Saudi Arabia, […]

Fuel price dilemma: Government’s failure to adjust to international market trends

Energy experts and economists argue that prolonged inflationary pressures have burdened people, while the government struggles to rein in market prices. Meanwhile, the government takes advantage of increased gas prices to generate revenue. However, there was an opportunity to reduce the cost of fuel oil, potentially lowering prices in various market sectors, particularly in agricultural […]

WEF Global Risks Report 2024: Fuel shortage and inflation threaten Bangladesh economy

Analysts say high inequality creates social instability. The workers’ agitation has intensified demanding salary increase. Many analysts believe that high inequality levels hinder economic growth. The global risk report further said that Bangladesh will lag behind in meeting the Sustainable Development Goals (SDGs) due to lack of funds. To meet the SDGs by 2030, Bangladesh […]

Indefinite strike of Khulna fuel traders and workers ends after assurance from officials

Fuel traders and workers in Khulna division on Sunday evening called off their indefinite strike over various demands including increase in their commission on fuel sales. Syed Sajjadul Karim Kabul, central president of the Tank Lorry Owners Association, said a gazette was issued in response to the demand for an increase in commission on fuel […]

BIWTC’s cheap fuel oil transportation: Shipping one tonne of oil for just 1 taka

State-run Bangladesh Inland Water Transport Corporation (BIWTC) has contracted with a private company to transport fuel oil at a cost of Tk 1 per tonne. Concerns have increased regarding how oil will be transported at such a low price. It is suspected that low-cost contracts for fuel transportation may have led to fuel leakage. The […]