Delay, fund crisis plague large power plants implementation

FHM Humayan KabirThe government was busy installing small and costly power plants instead of base-load and long-lasting planned stations in its last three years' tenure causing extra pressure on the country's fiscal management, officials and experts have said.Officials said the dozens of planned furnace oil- or diesel-based power stations have...

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Plan under way to help edible oil importers

The commerce ministry will propose a change in the prevailing system of payment that is forcing edible oil importers to suffer losses, reports bdnews24.com.The ministry will make the proposal to help the importers avoid losses due to the fast appreciation of the dollar against the taka and to contain the...

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BD 5th among remittance receiving countries

Syful IslamBangladesh secured fifth position in 2011 among the developing and least developed countries (LDCs) which receive remittances from their people working abroad, World Bank data shows.More than seven million Bangladeshi workers have remitted US$ 12.165 billion in the just concluded year, marking a 10.55 per cent growth over the...

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BR moves to recover its lands from illegal occupation

Jubair Hasan and Yasir WardadThe Ministry of Railway has moved to enact a law to recover its land property worth billions of taka from illegal occupation, officials said.According to the statistics available with the Bangladesh Railway (BR), a total of 4,635 acres of land went under illegal occupants out of...

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