President Mohammed Shahabuddin today asked the Bangladesh Energy Regulatory Commission (BERC) authorities to focus on research for exploring the new energy sources. “We need to find out new sources of energy and we should focus on strengthening energy related research,” he said as a BERC delegation presented annual report to him at Bangabhaban here this noon. The BERC regulates the gas, electricity and petroleum products in Bangladesh. The president called... »
Bangladesh and Bhutan today signed three new memorandum of understandings (MoUs) and renewed one to enhance mutual cooperation between the two neighbouring countries. The new MoUs are – Establishment of Special Economic Zone in Kurigram, setting up a Burn and Plastic Surgery Unit in Thimphu and technical cooperation on Consumers Rights. Besides, another MoU on cultural exchange was also renewed. Visiting Bhutanese King Jigme Khesar Namgyel Wangchuck, Bangladesh Prime Minister... »
Prime Minister Sheikh Hasina today stressed extracting marine resources from Bangladesh’s vast maritime zones maintaining friendly relations with the neighboring countries to tap potential of the “Blue Economy” for the country’s socio-economic advancement. Report BSS “We have to explore the marine resources from the maritime areas we achieved. I believe the announcement of the blue economy will be implemented. We have to use the vast marine resources for the socio-economic... »
The country received investment proposals worth Taka 24,865.16 crore from some 281 industrial units during October-December, 2023. These 281 industrial units were registered with the Bangladesh Investment Development Authority (BIDA) during this period. According to a press release of the BIDA, Taka 20,924.09 crore came as local investment proposals while Taka 3,941.07 crore were foreign investment proposals. Out of the 281 industrial units, some 243 industrial units are local, some... »
Engineer Sangeeta Kaushik has recently taken on the role of Managing Director at Bangladesh India Friendship Power Company Private Limited (BIFPCL), overseeing the operations of Rampal Thermal Power Plant. Before stepping into this position, Engineer Sangeeta held the position of Executive Director (Business Development, International Business Development & Consulting) at NTPC Limited, India. The announcement was made in a press release by BIFPCL Deputy General Manager Anwarul Azim on Friday,... »
Awami League president Sheikh Hasina, elder daughter of the country’s founding father, today formed the government for the fourth consecutive term with a 37-member cabinet as she took oath as the prime minister for fifth term. Her council of ministers included 25 ministers and 11 state ministers. President Mohammed Shahabuddin administered the oath of office and oath of secrecy to Sheikh Hasina and her new ministers at Durbar Hall of... »
Bangladesh and the World Bank today signed five financing agreements worth over $1.1 billion to help the country achieve resilient and inclusive growth by improving early childhood development, secondary education, riverbank protection and navigability, urban primary health, and gas distribution efficiency. The agreements were signed by Sharifa Khan, Senior Secretary, Economic Relations Division (ERD), the government of Bangladesh and Abdoulaye Seck, World Bank Country Director for Bangladesh and Bhutan, on... »