A significant milestone was reached as QatarEnergy and Petrobangla signed a long-term LNG Sale and Purchase Agreement, solidifying their commitment to energy cooperation. The signing ceremony, held at Qatar Energy Building 10 in Doha, marked a crucial step towards enhancing Bangladesh’s energy security. State Minister for Power, Energy and Mineral…
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Moody’s Investors Service, a US-based ratings agency, has downgraded the credit ratings of six Bangladeshi banks in response to the recent reduction in the country’s sovereign credit rating. The affected banks include Brac Bank, City Bank, Dutch-Bangla Bank, Eastern Bank, NCC Bank, and Premier Bank. Moody’s decision to downgrade the…
The Cabinet of Bangladesh has given its approval to the proposed national budget for the fiscal year 2023-24. The meeting, chaired by Prime Minister Sheikh Hasina and attended by President Mohammed Shahabuddin, took place at the National Parliament. Following the Cabinet’s approval, President Shahabuddin is expected to sign the proposal.…
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Prime Minister Sheikh Hasina has reassured the nation that the government is taking extensive measures to keep Bangladesh’s economy afloat despite the impact of the global economic recession caused by the pandemic and the ongoing Russia-Ukraine conflict. Speaking at the Jatiya Sangsad, the prime minister highlighted the government’s successful efforts in stabilizing the economy, combating inflation, and fostering growth, ensuring Bangladesh remains resilient amidst challenging times. Government’s Response to Economic…
A writ petition has been filed with the High Court of Bangladesh, urging the transfer of the country’s foreign exchange reserves from the United States to “safer countries.” Advocate Md Mahmudul Hasan submitted the petition as a form of public litigation, expressing concerns about the vulnerability of the reserves. The petition argues that countries whose foreign reserves have been seized by the US have suffered greatly, leading to the call…
Bangladesh has expressed its desire to establish a strategic partnership with Turkey, as Prime Minister Sheikh Hasina conveyed her congratulatory message to President Recep Tayyip Erdogan on his re-election. The prime minister believes that under Erdogan’s leadership, the bilateral relations between the two countries will reach new heights and evolve into a strategic partnership. Bangladesh already has strategic partnerships with India, China, and Japan, and this step signifies its intent…
Bangladesh is gearing up for its upcoming national budget for the fiscal year 2023-24, aligning with the vision of “Smart Bangladesh Vision 2041.” The Finance Minister, AHM Mustafa Kamal, will deliver a budget speech highlighting the challenges ahead and unveiling 40 new mega projects that will drive the country’s smart development. These projects will have varying deadlines, spanning 2025, 2031, and 2041, and will be complemented by short-, medium-, and long-term initiatives. Building a Tech-Driven and Inclusive Digital Society The…
A court in Narayanganj has handed down the death penalty to three individuals for the abduction and murder of a three-year-old girl in 2018. The convicted individuals, Shahjalal (21), Khaibar Hossain (32), and Ashraful (19), were found guilty by the Narayanganj Women and Children Repression Prevention Tribunal. The judge, Nazmul Haque Shyamol, delivered the verdict. The Abduction and Murder The incident took place on October 18, 2018, when Jui, the three-year-old daughter of Anwar Hossain from Tekpara in Bhulta upazila,…
Dhaka, the densely populated capital of Bangladesh, has once again topped the list of cities with the worst air quality for the third consecutive day. The air quality index (AQI) score of 166 at 9:50 am on Tuesday classified the air in Dhaka as unhealthy, emphasizing the urgent need for measures to address the city’s severe air pollution problem. Several other cities, including Dubai, Incheon, and Delhi, also ranked high on the list, indicating the global scale of the issue.…
Sonakshi Sinha, renowned Bollywood actress, recently made her highly anticipated debut in the web series world with “Dahaad.” The crime thriller web series has captivated audiences with its gripping narrative and stellar performances. Sinha portrays the role of a tenacious police officer determined to uncover the truth behind a string of crimes. One particular scene in “Dahaad” holds a special place in Sinha’s heart. In an interview, she shared her favorite moment, which depicts her character and her team conducting…
Three Bangladeshi peacekeepers serving in the United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) were injured in an Improvised Explosive Device (IED) blast on Sunday morning. The incident occurred when a patrol team from the Bangladesh Formed Police Unit (BANFPU-2) reached a remote desert road in Mali’s Timbuktu Region. The blast damaged the Armoured Personnel Carrier (APC) carrying the policemen, highlighting the dangerous conditions faced by peacekeepers in the region. Peacekeepers Injured in IED Blast On Sunday morning, at…
.The Rajshahi City Corporation (RCC) elections in Bangladesh have seen the nomination of 117 candidates for 30 ward councillor positions. However, it has come to light that 38 of these candidates are accused in various criminal cases. Among them, Md Kamruzzaman, the councillor candidate of ward no 5, faces the highest number of cases with 21 filed against him. The accusations range from murder to arms and smuggling cases, raising concerns about the integrity of the electoral process. Candidates Accused…
The ruling Awami League in Bangladesh has declared its intent to maintain pressure on the Bangladesh Nationalist Party (BNP) and continue its programs to counter opposition activities, despite the US’s new visa policy aimed at ensuring a fair election in the country. The Awami League is determined to counter the anti-government movement declared by the BNP and avoid any discomfort within the law enforcement agencies due to the new visa policy. The party plans to organize constituency-based programs in Dhaka…
The Amar Bangladesh Party (AB Party) has expressed concerns about the strained relationship between Bangladesh and the United States, particularly in light of recent visa restrictions imposed by the US State Department. As the US is Bangladesh’s largest export destination, the party emphasizes the need for measures in the upcoming budget to assure domestic exporters. With over four million individuals, mainly women and girls, connected to the Readymade Garment (RMG) sector, AB Party highlights the sector’s significance and the importance…