600MW power outage can be cured overnight
Bangladesh currently reels from load shedding to the tune of around 2,000-3,000 megawatts of electricity daily as the demand far outstrips production, market-insiders say, although much of it can be healed readily.Despite having the shortfall in electricity generation, state-run Bangladesh Power Development Board (BPDB) has kept six furnace-oil-run power plants,...
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Labour leaders urge workers to join work today
Labour leaders on Saturday called upon the readymade garment workers to join their respective workplaces today (Sunday) while factory owners threatened keeping their units shut for an indefinite period if unrest persists.Meanwhile, the advisors of the interim government warned of taking 'strict' actions against those responsible for creating unrest in...
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Huge revenue lost for bending customs law in Adani power import
Customs-related irregularities have been detected in power import from India's Adani Group as the legal procedure under Bangladesh's customs has been bent to evade huge taxes.Bangladesh has been importing costly power from Adani's 1,600MW coal-fired power plants in Jharkhand, India, since April 2022 under duty-free facility without obtaining tax-exemption orders...
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India withdraws MEP, slashes duty to 20pc
Costs of onion import from India are likely to decrease as the neighbouring country has withdrawn the minimum export price (MEP) as well as slashed the duty by half for the purpose.The Indian government on Friday withdrew the MEP of $550 a tonne, which was imposed on May 2024.The export...
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BD, US to sign agreement US team to meet CA today
Bangladesh and the US will sign a Development Objective Agreement during the visit of the high-level US delegation, foreign ministry sources said.The US delegation that will hold talks with different government departments on financial and development support issues arrived in Dhaka in the morning on Saturday.Brent Neiman, deputy under-secretary for...
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Rain downs life, more predicted for next 3 days
Heavy rain, coupled with strong winds, hit Dhaka city on Friday night. It continued throughout Saturday.The Bangladesh Meteorological Department (BMD) recorded 24 millimetres of rainfall in the capital in a day."Rain may persist for the next three days due to a low prevailing over the Bay of Bengal and its...
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