China’s Proposal for Third LNG Terminal Under Review

Bangladesh is reviewing a proposal from China to install a third floating storage and regasification unit (FSRU) at Kutubjom in Maheshkhali, Cox’s Bazar, amid rising energy demand. The proposal submitted by a Chinese state-owned company has already received in-principle approval. However, the Energy and Mineral Resources Division withdrew it from the Cabinet Committee on Continue Reading

IMF, Development Partners to Support Bangladesh Based on Its Priorities: Rashed Al Mahmud Titumir

The International Monetary Fund (IMF), the World Bank and other development partners will provide support based on Bangladesh’s own priorities and reform strategy, said Dr Rashed Al Mahmud Titumir, the prime minister’s adviser on finance and planning. He said international development partners are, for the first time, clearly expressing their willingness to support reforms Continue Reading