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Policy shift likely to deter foreign investment in pvt power plants

In a major policy shift, the government would not issue any state sovereign guarantee in favour of privately-owned power plants, discouraging foreign direct investment (FDI) in power generation, sources said.As part of the move, the government has decided not to ink implementation agreements (IAs) with the future power plant sponsors,...

Govt spending thrice in more than 11 years

The government is forced to spend public funds almost three times higher than the actual estimation of the maritime safety project of the Department of Shipping (DoS) as it is delayed for eight years.As the DoS failed, insiders said on Saturday, the government extended the execution deadline five times and...

Cold wave easing in northern BD as temperature rises

The Bangladesh Meteorological Department has forecast that a slight rise in temperature may ease the mild cold wave currently sweeping across the northern districts of Bangladesh, reports bdnews24.com.The 72-hour forecast, issued at 9am on Saturday, indicates that the mild cold wave sweeping through Panchagarh, Kurigram, Kushtia, and Jashore may gradually...

Money launderers spreading propaganda abroad: Shafiqul Alam

Chief Adviser's Press Secretary Shafiqul Alam on Saturday said money launderers are still spreading propaganda abroad.He said during the ousted Awami League era, the biggest looting in the world history took place in Bangladesh, reports BSS."Sheikh Hasina established a system of thievery in the country...Her job was to provide work...

Pakistan business team arrives in Dhaka

FE REPORTA 30-member business delegation from Pakistan, led by Atif Ikram Sheikh, president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), arrived in Dhaka on Saturday on a five-day visit with the aim of boosting bilateral trade.The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) invited...

Activists of the Anti-discrimination Student Movement put up a blockade in front of Dhaleswari toll plaza

Activists of the Anti-discrimination Student Movement put up a blockade in front of Dhaleswari toll plaza on Dhaka-Mawa Expressway on Saturday, protesting the seizure of an accused from Srinagar police station in Munshiganj. The programme led to 10-kilometre congestion on either side of the toll plaza. - FE Photo