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Search date: 05-09-2025 Return to current date: Click here

LNG re-gasification nears saturation level

Bangladesh's liquefied natural gas (LNG) re-gasification has reached almost the saturation level to around 1,053 million cubic feet per day (mmcfd) with the country's two operational floating-storage and re-gasification units (FSRUs) running at 95.72-per cent capacity.With the present infrastructure the country has the capacity to re-gasify around 1,100 mmcfd in...

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Govt to ink 2 deals with ITFC next week

Bangladesh for the first time is set to receive loans from the Islamic Trade Finance Corporation (ITFC) to import fertiliser, officials said on Thursday.The government would sign two deals with the Jeddah-based corporation next week to get the first instalment of the $100 million credit to import fertiliser and major...

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$16b on avg stolen from BD every year

Under the authoritarian regime, $16 billion was stolen from Bangladesh on average every year, Transparency International (TI) Chair François Valérian said on Thursday, the last day of his first visit to Dhaka. "Had this money not been stolen, Bangladesh's gross domestic product (GDP) would have been much higher and more...

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Bangladesh Bank buys $134m thru auctions

Bangladesh Bank (BB), as part of its foreign- exchange market intervention, bought US$134 million through auctions from five commercial banks to stabilise the dollar-taka exchange rate, taking the total volume of purchased dollars past the $1.0- billion mark.With the latest intervention, the central bank has bought a total of $1,129.50...

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Internet, mobile subscriptions rise modestly in July: BTRC

Bangladesh's telecom sector posted modest growth in July this year as both internet and mobile subscriptions increased, although the numbers remain below the highs recorded a year earlier, according to fresh data released by the Bangladesh Telecommunication Regulatory Commission (BTRC).The country's total internet subscribers reached 135.99 million in July, up...

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Upgradation may begin in June next yr

CHATTOGRAM, Sept 04: The expansion work of the four-lane Dhaka-Chattogram Highway to 10 lanes may begin in June next year after completion of all required procedures. Besides, the Development Project Proposal (DPP) is expected to be completed this year. The government has revised its earlier plan to upgrade the four-lane...

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Correction_2025-09-05

The Editors' Council has issued a clarification on a mistake that occurred in its Wednesday's statement carried on Page 8 of Thursday's issue of The Financial Express.The statement erroneously referred to "media workers protection law," which actually should read "Media Workers (Service Conditions) Bill, 2021." The Editors' Council regretted the...

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Govt approves telecom policy 2025 to simplify licensing framework

The government has approved the Telecommunication Networking and Licensing Policy 2025, a major reform initiative aimed at overhauling Bangladesh's telecom licensing system. Officials described the move as a long-awaited breakthrough to replace the outdated, rigid and multi-layered licensing regime with a simplified, technology-neutral framework.Mobile operators, the key stakeholders of the...

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UN to assist Feb election

The United Nations has pledged to assist Bangladesh in the general election scheduled for February, report agencies.On Thursday, UN Resident Coordinator Gwyn Lewis met with Chief Advisor Muhammad Yunus at the State Guest House Jamuna in Dhaka, where she gave the assurance. The Chief Advisor's Office (CAO) later issued a...

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