Dhaka Tuesday, Dec 5, 2023
EB Reports
SANGSAD BHABAN, June 26, 2023 (BSS) – The Jatiya Sangsad (JS) on Monday passed the Tk 7,61,785 crore national budget for the Fiscal Year 2023-24 with an immediate effect from July 1. The theme of the budget is “Towards Smart Bangladesh Sustaining the Development Achievements of a Decade and a Half” aiming to build ‘Smart Bangladesh’ by 2041 as envisioned by the incumbent Prime Minister amid adverse impact of... »
Consumer prices surged 9.94 percent in May, after slowing slightly in April, according to data from the Bangladesh Bureau of Statistics. Driven by food inflation of 9.24 percent and non-food inflation of 9.96 percent, the rate in May was the highest year-on-year rise in consumer prices in a decade. Bangladesh’s inflation had hit 9.33 percent in March before easing slightly to 9.24 percent in April. It neared double digits once... »
Finance Minister AHM Mostafa Kamal today proposed allocating Taka 34,819 crore for the power and energy sector in the budget for FY2023-24 to ensure quality energy and power supply in the country. The sector got Taka 8,753 crore more than the last fiscal year as Taka 26,066 crore was allocated for the FY 2022-23. In his budget speech in parliament, the minister said, “We promised to ensure power and energy... » 
The emir of Qatar on Wednesday assured Bangladesh of providing all sorts of facilities to Bangladesh regarding larger supply of LNG from his country. Report UNB “I promise you that I, being the Emir, will provide all sorts of facilities to you as you are a friendly country,” Emir Sheikh Tamim Bin Hamad Al Thani was quoted as telling Prime Minister Sheikh Hasina during a meeting at Amiri Diwan in... » 
Prime Minister Sheikh Hasina on Tuesday spelled out seven suggestions, which she earned from the experience of her life, among the students of Qatar for becoming the future leaders. “I would like to share a few suggestions for future leaders from my life’s experience and struggles: 1st: Represent a value, 2nd: Remain focused on your vision, 3rd: Make concrete plans to realize your vision, 4th: Lead by example and be... » 
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said that the government is striving to ensure uninterrupted gas for all industries as the country is going ahead to be a trillion dollar economy by the year 2040. Due to unplanned industrialization, it becomes difficult for the government to provide gas to all industries, he said. Nasrul also requested the industry owners to shift their industries in the... » 
Prime Minister Sheikh Hasina at a press conference at her official Ganabhaban residence here today highlighted different important issues about her recent tri-nation visit to Japan, the United States and the United Kingdom (UK). In her written speech, the Prime Minister said during her bilateral meetings, all including Japanese Prime Minister, UK prime minister and World Bank chief highly appreciated Bangladesh’s remarkable socio-economic development under her leadership. They also assured... »
GE hosted Powering Smart Bangladesh Seminar at a city hotel today (9 May 2023). A state-of-the-art conference, highlighting the innovative capabilities of GE’s future independent energy company – GE Vernova – that will ensure flexible, affordable and reliable power for Bangladesh. The central theme of the seminar – Leading a new era of clean energy – focused upon using GE’s advanced gas turbine technology, capable of burning blends of hydrogen... »
The country’s export earnings from goods during the July-April period of the current fiscal year (FY23) reached US$4,567.76 crore having an overall growth of 5.38 percent. The single-month export earnings in this April totaled $395.60 crore, according to the latest statistics of the Export Promotion Bureau (EPB). The EPB data showed that during this 10-month period, export earning from the country’s major export item RMG was $3,857.75 crore while export... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said around $170 billion investment is needed in the power and energy sector by 2041. “The government is providing special incentives to foreign investment,” he said yesterday (Tuesday) while addressing a session on “Strengthening the Future of Economic Growth of Bangladesh.” The US Chamber of Commerce organized the high-level discussion titled “US-Bangladesh Economic Partnership: Shared Vision for Smart Growth”. Nasrul... »