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Search date: 26-11-2024 Return to current date: Click here

$348m in bill arrears owed to IOCs, LNG suppliers

Bangladesh owes US$348 million in outstanding bills to the international oil companies (IOCs) and the LNG suppliers, officials said.The Ministry of Finance (MoF) and the Energy and Mineral Resources Division (EMRD) officials said the amount fell due to different LNG suppliers and IOCs working in Bangladesh."We have sought funds from...

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Bangladesh committed to sweeping labour reforms

Chief Adviser Prof Muhammad Yunus on Monday said the interim government is committed to carrying out sweeping labour reforms in an effort to attract more foreign buyers to the country."We want to make our labour laws compliant with global standards. It's my commitment," he said.He made the comments at his...

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Ecnec approves five projects of Tk 59.16 billion

Private sector investment is facing stagnancy due to political instability, uncertainty, and rising interest rates, said Planning Adviser of the interim government Prof Dr Wahiduddin Mahmud.Production in the private sector is struggling, with protests in many factories, hindering job creation, he said.He warned that failure to accelerate public investment may...

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Petrobangla cancels ongoing negotiations

The interim government has cancelled ongoing negotiations with several companies, including a couple of Indian ones, over inking contracts to import re-gasified liquefied natural gas (RLNG) from India through cross-border pipelines.State-run Petrobangla has cancelled the negotiations in line with directives from the Energy and Mineral Resources Division under the Ministry...

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BD to form body to prevent intrusion into its maritime territory

Thousands of Indians allegedly trespass on Bangladesh's maritime boundary for fishing even during the fishing-ban period, prompting the authorities concerned to think about forming a quick-response committee to prevent such illegal activities by the intruders. Speaking at a workshop in the city on Monday, Fisheries and Livestock Adviser Farida Akhter...

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NOAB airs worry over attacks on press freedom

The Newspaper Owners Association of Bangladesh (NOAB) has expressed its serious concern over alleged frequent attacks on the freedom of the media in the country."In the last couple of days, there have been incidents of sit-in, attack and vandalism in front of the offices of the Prothom Alo and The...

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Govt won't stand attack on media houses

Information and broadcasting adviser Nahid Islam asserted on Monday that his government would not tolerate any attempt to attack media houses.Referring to recent demonstrations against media outlets, he said, "We've been observing a tense situation centring the Prothom Alo for some days. A group of people demonstrated outside the daily...

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