Bangladesh, Nepal to use Indian grid for power trade Energy officials of Nepal and Bangladesh in a secretary level meeting have agreed to use the existing setup of Indian transmission lines to trade power in the short run. The decision came during talks between the two countries. The dedicated transmission
Read More12 Companies show interest to build LNG terminal A total of 12 Companies have shown interest in building the country’s first onshore liquefied natural gas (LNG) import terminal, according to Reuters. Bangladesh is turning to land-based LNG terminals as its first imports of the super-chilled fuel via a floating platform
Read MoreBudget positive for motorcycle makers According to market players, the continuation of concessionary duties on raw material import for motorcycle manufacturers into fiscal 2019-20 would help the fast-growing sector. Furthermore, Finance Minister AHM Mustafa Kamal added three new raw materials into the list for concessionary duty, which has been around
Read MoreNo MFS cost hike for customers: BTRC The Bangladesh Telecommunication Regulatory Commission on Tuesday assured that its directive on mobile financial services would not increase any MFS cost for customers. The telecom regulator made the clarification as there were no specifics in its directive on MFS whether the customers or
Read MoreBD Auto Industries project near completion Local and foreign shareholders of Bangladesh Auto Industries Ltd held a meeting with Kazi Mohd Aminul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA) recently. The Company will manufacture environment-friendly two-wheeler, three-wheeler and four-wheeler cars within March-April of next year. Managing Director of
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