Energy Bangla

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Dhaka Sunday,  Apr 14, 2024

EB Reports

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... »
The Consumers Association of Bangladesh (CAB) has placed a 13-point proposal to ensure “energy justice” in the country. CAB Vice president Prof M Shamsul Alam placed the proposals at a citizen meeting titled: “Energy Crisis and Development of Renewable Energy” at the Cirdap Auditorium in the city on Saturday as part of its reform campaign to bring transparency, fairness and combating corruption in the sector. The proposals include enactment of... »
A visiting delegation of the International Monetary Fund (IMF) on Tuesday met with the Bangladesh Bank (BB) Governor and discussed updated financial factors along with the progress of reform in the sectors. A five-member delegation headed by Rahul Anand, IMF Bangladesh Mission Chief, started meeting with the BB officials in the morning on Tuesday, which ended at 3.0 pm. Md Mezbaul Haque, executive director, and BB spokesperson told reporters that... »
Bangladesh today officially revealed its 15-point Indo-Pacific Outlook (IPO) envisioning a free, open, peaceful, secure, and inclusive Indo-Pacific one day before the commencement of Prime Minister Sheikh Hasina’s tri-nation visit to Japan, the USA and the UK. “The Indo-Pacific area’s collective share in global GDP, preponderance in international trade, enhanced climate action and growing technological dynamism can be key determinants for ensuring Bangladesh’s long-term resilience and prosperity,” state minister for... »
The International Monetary Fund has kept its economic growth forecast for Bangladesh unchanged, which it set at 5.5 percent for the current fiscal year in January. But the latest outlook is 0.5 percentage points lower than the prediction the IMF made six months earlier. The global outlook report by the IMF, released on Tuesday, also forecast no change in Bangladesh’s GDP growth in FY24, which is predicted to be 6.5... »
Former senior secretary Md Nurul Amin has been appointed as the chairman of Bangladesh Energy Regulatory Commission (BERC). Prior to the new position, the former bureaucrat, who hailed from Chandpur district, served as chairman of state-owned Karmasangshan Bank. Nurul Amin last served the Planning Ministry as its senior secretary and retired from the job in April 2022. A gazette notification, issued by the Energy and Mineral Resources division today(Tuesday), said... »
Bangladesh put up a remarkable performance to seal another historic feat as they crushed England by 16 runs in the third and final T20 game to sweep three-match series at Sher-e-Bangla National Cricket Stadium today. Opener Liton Das hit his career-best 73 while Najmul Hossain Shanto continued his rich vein of form with 47 not out to lift Bangladesh to 158-2 on slow Mirpur pitch. With Bangladesh scoring just 27... »
Prime Minister Sheikh Hasina today urged the development partners to focus on giving soft loans till the world economy comes into normalcy overcoming the economic recession steaming from the Russia-Ukraine war. “It is necessary to continue giving soft loans till the global economy goes back to normalcy. The organizations and the developed countries would have to give special focus on it,” she said. The prime minister was addressing as the... »
Prime Minister Sheikh Hasina today sought five key supports from development partners to make smart, innovative and knowledge-based society in Least Developed Countries (LDCs) to promote a peaceful, just and inclusive global society. “A smart, innovative and knowledge-based society will help promote a peaceful, just and inclusive society,” she said. The premier was elaborating the five key supports of development partners while speaking as the chief guest at a side... »
Prime Minister Sheikh Hasina today said the global partnership must carry a meaning to the Least Developed Countries (LDCs) like Bangladesh so no challenge could upset their progress to attain developing countries status. “We, the graduating LDCs, want to make sure that no challenges can further slow down our graduation momentum,” she told a conference titled “Sustainable and Smooth Transition for the Graduating Cohort of 2021”. The premier said the... »