Implementing plans key to reviving fragile economy

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Md. Jahidul Islam The BNP government has completed six months in office, prioritising a business- and investment-friendly environment. Prime Minister Mr. Tarique Rahman inherited numerous challenges, including an energy crisis, weakness in the banking sector, high inflation, foreign exchange pressure, revenue shortfalls and global uncertainty. The government has taken Continue Reading

Bangladesh Loses Ground in EU Apparel Market

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Bangladesh is facing growing pressure in the European Union’s ready-made garment market, with exports declining despite the country’s low apparel prices. Vietnam, by contrast, has strengthened its position by exporting garments at significantly higher prices. According to Eurostat data, Bangladesh exported garments to the EU at an average price of €13.88 per kilogram Continue Reading

Bangladesh Bank Lifts 100% Cash Margin on Fruit Imports

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Bangladesh Bank has withdrawn the mandatory 100% cash margin requirement for fruit imports, easing a long-standing restriction on import financing. Under a circular issued on Sunday (August 16), banks can now set the cash margin for opening letters of credit (LCs) based on their relationship with customers, their financial capacity and the bank’s assessment. The central Continue Reading

Rampal Power Plant Resumes operation

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The first 660-megawatt unit of the Rampal coal-fired power plant resumed electricity generation on Saturday after remaining shut since January due to a coal shortage. According to plant officials, power production stopped on January 14 after coal stocks were depleted. A coal-carrying vessel recently arrived at the plant’s jetty, enabling the unit to restart operations. Continue Reading

Gas-power crisis deepens amid conspiracy concerns

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Gas shortages have sharply reduced electricity generation, forcing many industries to suspend operations. The crisis has been driven by falling domestic gas production, reduced LNG supplies after problems at a floating LNG terminal, coal shortages at several power plants and lower electricity imports. Energy experts said the crisis cannot be resolved quickly because Continue Reading

The reason behind the gas crisis

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Rafiqul Islam Selim A US-bound LNG carrier has arrived at Maheshkhali’s floating LNG terminal, paving the way for the restart of Summit Power Ltd’s terminal. The vessel, BW Lesmes, carrying 66,000 tonnes of LNG, arrived ahead of schedule on Friday evening. Gas supply from the terminal was expected to resume overnight and increase from Saturday […]Continue Reading

Gas Crisis Worsens as Rough Seas Halt LNG Unloading

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LNG vessels have been unable to berth at the floating terminal in Maheshkhali due to rough seas, forcing Summit Power Limited’s terminal to suspend gas supply. This has reduced gas supply to the national grid by another 100 million cubic feet, worsening shortages in Dhaka, Chattogram and elsewhere. Only around 300 million cubic feet of […]Continue Reading

Three state-owned jute mills to reopen soon

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Three long-closed state-owned jute mills are set to reopen under private management following lease agreements signed by the Bangladesh Jute Mills Corporation (BJMC). The agreements were signed  today in the presence of Prime Minister Tarique Rahman between BJMC and PRAN-RFL Group and HAMCO Group. Under the agreements, PRAN-RFL Group has taken National Jute Mills Ltd […]Continue Reading
The Daily Inqilab - English


Editor: A.M.M. Bahauddin

Published by the Editor on behalf of Inqilab Enterprise & Publications Ltd., 2/1, R. K. Mission Road, Dhaka-1203 and Printed from Qaderia Publications & Products Ltd., 2/1, R. K. Mission Road, Dhaka-1203.