Business-Economy

Govt to purchase 6 spot LNG cargoes to feed power plants this summer

Staff Correspondent: To meet the growing electricity demand in May, the Energy Division has taken an aggressive step by importing six LNG cargoes from the spot market – significantly higher

Russia extends Rooppur loan repayment by 2 years, waives $164m penalty

Staff Correspondent: Russia has agreed to ease loan conditions, relieving Bangladesh from a $164 million penalty for delayed instalments on a $500 million loan used for the feasibility study of

FICCI calls for equitable energy tariff to safeguard investment, competitiveness

Staff Correspondent: The Foreign Investors’ Chamber of Commerce and Industry (FICCI) on Tuesday expressed concern over the revised energy tariff for new industrial units. The organisation issued a statement stating

Vessel carrying 10,000 MT rice arrives Ctg Port from India

Staff Correspondent: A vessel named MV PHU THANH carrying 10,000 metric tonnes of rice has arrived at Chittagong Port from India. The rice was brought under open tender contract (Package-8)

Soybean oil prices go up again

Staff Correspondent: The government has increased the price of bottled soybean oil by Tk 14 per litre. As per the new pricing, the retail price of bottled soybean oil jumped

EuroCham urges collaborative reform of gas tariff policy to sustain investment momentum

Staff Correspondent: The European Union Chamber of Commerce in Bangladesh (EuroCham) has called for a collaborative and transparent approach to energy pricing reforms, voicing concerns over the recently proposed gas