India and China Express Interest in Providing Energy Support to Bangladesh
India and China have expressed interest in jointly cooperating to help Bangladesh address its ongoing energy crisis. On Monday, the ambassadors of the two countries conveyed this positive stance after holding separate meetings at the Secretariat with Amir Khasru Mahmud Chowdhury, the Finance Minister, and Iqbal Hasan Mahmud Tuku, the Minister for Power and Energy.
2,653 Injured, 12 Killed in 700 Election-Related Clashes Across Bangladesh: HRSS
More than 2,653 people were injured and 12 killed in over 700 incidents of election-related violence surrounding Bangladesh’s 13th parliamentary election, according to a report by Human Rights Support Society (HRSS).
Shortage of Bottled Soybean Oil Triggers Market Instability
As soon as the month of Ramadan begins, a tendency for the prices of essential commodities to rise is usually seen in the country. This time has been no exception. Over the past week, complaints have emerged about a decline in the supply of bottled soybean oil in the market, creating concern among consumers and retail traders.
Potato Prices Crash in Rangpur Division, Farmers Facing Heavy Losses
A sharp price drop has been observed in the potato market in the Rangpur Region. Although the government has officially fixed the price of potatoes at 22 taka per kilogram, there is no reflection of that price in the actual market. After deducting cold storage and other costs, farmers are receiving only about five taka, causing growers to suffer significant losses.
February Inflation Reaches 10-Month High Due to Rising Food Prices
Inflation in Bangladesh rose again in February, surpassing 9 percent. The Bangladesh Bureau of Statistics (BBS) reported that the overall inflation rate stood at 9.13 percent, which is the highest in the last 10 months.
Bangladesh Government Reinstates Controversial Ex-DMP DC Kohinur Mia After 16 Years
Former Deputy Commissioner (DC) of the West Zone of the Dhaka Metropolitan Police, Md. Kohinur Mia, who had been dismissed after being accused of numerous controversial activities including severe torture and repression against opposition party leaders and activists during the rule of the BNP–Jamaat alliance government, has been reinstated by the government after the cancellation of his dismissal order.
Clothing Purchases Declining in the U.S. Market
Bangladesh’s readymade garment (RMG) export sector has been facing difficulties for seven consecutive months. During the July–February period of the current fiscal year, overall exports declined by 3.13 percent to $31.90 billion due to a fall in garment exports. In the same period of the previous year, exports stood at $32.94 billion.
Energy-Saving Move: Universities and English Medium Schools Closed From Today
Due to the war in the Middle East, the government has decided to close all universities in the country to save electricity and fuel. At the same time, English medium schools have also been declared closed on the occasion of the holy Ramadan and Eid-ul-Fitr.
Young Man Beaten to Death Over Robbery Allegation, Motorcycle Set on Fire
A young man (26) was beaten to death on allegations of robbery in Jalkuri of Narayanganj. During the incident, locals also set a motorcycle on fire. The incident occurred on Sunday (March 8) at around 7:00 am in the Koroitola area of Jalkuri.
Fertilizer Supply Becomes New Concern for Bangladesh Amid Energy Crisis
The impact of the ongoing instability in the Middle East is now beginning to affect not only the energy sector but also the fertilizer market. Experts fear that import-dependent Bangladesh may face major fertilizer challenges in the future due to uncertainty in natural gas supply in the international market, increased transportation costs, and disruptions in the supply chain.