The government owes about Tk 260 billion to both the private sector and government agencies in the fertilizer and power sectors. Of these, electricity subsidy is outstanding at Tk 140 billion, while fertilizer is outstanding at Tk 120 billion. Speaking on condition of anonymity, a Finance Division official told Prothom Alo on Tuesday that the […]
Although it was planned that 40 percent of the fertilizer produced from the factory would be transported by railways, work on laying the rail line has not yet been started. So, what could be more unfortunate than the fact that despite building such a huge factory with huge costs, it failed to produce proper output? […]
Earlier, in June last year, a pickup truck carrying 3,000 kg or 75 maunds of Muriate of Potash fertilizer was seized during a smuggling attempt in Bijaynagar upazila of Brahmanbaria. The Rapid Action Battalion (RAB) had recovered 1,200 bags of DAP fertilizer being smuggled from Natore in January last year. RAB detained six transport workers […]
He said that the Russian Foreign Minister would also call on Prime Minister Sheikh Hasina during his stay in Dhaka. The Russian Foreign Minister will attend the G20 Summit in New Delhi on September 9-10 after completing his visit to Bangladesh. Lavrov was to visit Bangladesh on November 23 last year, primarily to attend the […]
Government fertilizer factories have been unable to pay the increased gas price for more than a year due to financial constraints. If they pay the extra price, they will lose Tk 10,000 per tonne. However, a loss of Tk 35,000 per tonne is being incurred on importing the fertiliser. This is causing loss of valuable […]
The government has increased the prices of Urea, DAP, TSP, MOP fertilizers by Rs 5 per kg for dealers and farmers. An order in this regard was issued yesterday, signed by Sheikh Badiul Alam, Deputy Head of Fertilizer Management and Monitoring in the Ministry of Agriculture. After the hike, dealers will now have to pay […]
Authorities have rescued eight crew members of a cargo ship carrying 500 tonnes of fertilizer that capsized at Mongla port. The ship capsized after a collision with a foreign commercial vessel at anchorage number 9 in Harbaria around 11.30 pm on Tuesday. But the incident has not affected navigation through the channel, said Captain Shaheen […]
The Ijtema, which was held as a single event in previous years, was divided into two phases after followers of Maulana Kandhalvi and Maulana Mohammad Zubair got embroiled in a brawl. Maulana Kandhalvi has not attended Ijtema in Bangladesh since 2019, but this year his sons Maulana Yusuf bin Saad Kandhalvi, Maulana Saeed bin Saad […]
Roads from Dhaka airport to Ghazipur were packed with thousands of pilgrims as they headed back home at the end of the first leg of the Biswa Ijtema, the second-largest gathering of Muslims after Hajj. The pilgrims boarded buses, mini-trucks, push carts and other modes of transport available near the Ijtema Maidan to return home. […]
Alamgir Senior Commissioner Molla Nazrul Islam said special traffic measures have been put in place from Saturday evening till after Akheri Munajat, as the number of attendees is likely to increase significantly during these hours. He said that the Ghazipur traffic department has divided the entire area into several parts for traffic management. “Abdullapur to […]
Mehboob said BPC would buy about 60,000 tonnes of diesel from India’s Numaligarh Refinery Ltd for the January to December period of the current year, with about 5.45 billion taka. Following two separate proposals from the Ministry of Industry, Bangladesh Chemical Industries Corporation (BCIC) will buy about 30,000 tonnes of bulk granular urea fertilizer from […]
Russia is considered the world’s largest supplier of rare MOP fertilizers. This fertilizer is also available in mines in Canada and Belarus. MOP fertilizer is also available in some Middle Eastern countries but in smaller quantities. At the end of last February, the price of MOP fertilizer began to rise after Russia faced Western sanctions […]
He said that 11 million would be procured from Super Oil Refinery Limited at a cost of more than Taka 2.04 billion. The meeting also approved the import of 30,000 tonnes of urea fertilizer from the UAE and Canada. In addition, a proposal has been approved by Bangladesh Chemical Industries Corporation (BCIC) under the Ministry […]
The spokesman said the shipment of 20,000 metric tonnes of fertilizer is the first of a series of exports destined for Africa in the coming months, with Tuesday’s load being sent to Malawi via Mozambique. The UN-brokered deal, first signed in July, was renewed earlier this month and allows grain exports from some Ukrainian ports […]
domestic politics One of the attractions of subsidy reform for governments is that it involves reallocating existing money, rather than coming up with new money when budgets are stretched. But these subsidies are complex, involving various instruments such as payments based on agricultural production, minimum price guarantees for goods, and income support for farmers. First, […]