National Budget 2024-25: Finance Minister to unveil 7.97 trillion taka plan amid economic challenges

Though the government is trying to reassure people, no one is believing it because the base has become weak. Apart from this, there is also pressure to fulfill various conditions of the International Monetary Fund (IMF). This multidimensional pressure has also affected the upcoming national budget. The growth rate which was more than 10 percent […]

Oil and gas exploration in Bay of Bengal: International tender issued after 8 years

Bangladesh is finally going to issue a fresh international tender next week for oil and gas exploration in the Bay of Bengal. Many international companies have already shown interest in bidding. Petrobangla, the government-owned agency involved in natural gas, oil, coal and mineral resources, has invited 55 companies in the tender process. Sources in the […]

Syed Naseem Manzoor urges cost reduction for businesses over export promotion. SAEC 2022

Mentioning that Bangladesh has export potential, Syed Naseem Manzoor said, “Global brands like Walmart and Nike moved to shift their manufacturing facilities from China because manufacturing is becoming difficult in that country, and we need that. One has to make oneself capable to take hold of the business. We have to attract foreign investors.” Emphasizing […]

Bangladesh’s solar power boom will create thousands of green jobs: A renewable energy revolution unfolds

Chaudhary said the rate per unit of electricity in recently approved independent solar photovoltaic (PV) projects is less than 10 US cents, while the cost of a unit of liquid fuel-based electricity in Bangladesh is more than 16 US cents. The economic benefits of the transition to solar energy are becoming increasingly clear to businesses […]