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Dhaka Power Distribution Company has issued a detailed press release explaining its prepaid electricity meter billing procedures. The announcement covers demand charges, meter rents, VAT deductions, and designated friendly hours.
Sheltech Pvt Limited has officially launched the sales office and sales activities for its 17-storey commercial project, Sheltech Legacy Plaza, located in Bonojhri, Dhaka. Designed by EK Architects, the multi-purpose building will feature a shopping mall, office spaces, food court, restaurants, and a banquet hall.
Bangladesh's foreign exchange reserves reached 37.41 billion US dollars on September 1. According to Bangladesh Bank data, the total or gross reserves stood at 37,407.46 million dollars.
The Ministry of Commerce has officially confirmed that there are no obstacles or restrictions on the regular and normal activities of the Real Estate and Housing Association of Bangladesh. This clarification follows an earlier administrative decision that had temporarily suspended the organization's annual general meeting.
The Bangladesh Securities and Exchange Commission has approved draft rules to open direct listing in the capital market. Government, private, and foreign-owned companies can now bypass initial public offerings.
Representatives from retail, wholesale, and corporate importing sectors gathered at the FBCCI office. The meeting focused on maintaining stable prices through a normal supply chain.
Bangladesh recorded $2.96 billion in remittances during August, marking a 22.5 percent increase compared to the same month last year. Meanwhile, the central bank reported gross foreign exchange reserves standing at $37.407 billion as of September 1.
The Bangladesh Securities and Exchange Commission has removed prior approval requirements for share transactions by Z category directors. Additionally, authorities have established a strict timeline for remitting dividends to foreign shareholders.
US Ambassador Brent T. Christensen arrived in Saidpur via the Nilsagar Express on September 1, marking his first train journey in Bangladesh. During his visit, he toured the historic Saidpur Railway Workshop and highlighted American cooperation in the country's railway sector.
The Asian Development Bank has approved a $175 million loan to modernize and develop the power network across the Chittagong Hill Tracts. The initiative aims to expand grid access, benefit thousands of families, and promote sustainable, low-carbon development.
Regulator Ofgem has confirmed a 4% increase in the energy price cap effective from 1 October, adding £60 a year for typical households. Energy UK estimates that total unpaid bills and charges have reached £6bn.
Iran is grappling with a severe economic crisis in 2024 as ongoing war and international sanctions drive massive price hikes. Essential goods, medicines, and food items in Tehran have seen staggering increases, heavily impacting the population of 92 million.
Customs intelligence in Bangladesh has detected four luxury vehicles imported under the guise of used spare parts at Mongla Port. Meanwhile, Mutual Trust Bank has announced plans to issue a 500 crore BDT bond to strengthen its capital base.
Iran faces severe economic turmoil in 2024 due to ongoing war, international sanctions, and domestic financial pressures. Analysts and international institutions detail the toll on currency, energy production, and poverty rates.
Bangladesh is grappling with a silent diesel shortage driven by a severe power and gas crisis that has forced industries and private consumers to rely heavily on generators. Fuel pump operators have formally written to the Bangladesh Petroleum Corporation as demand in the Dhaka division skyrockets.
Bangladesh's sole floating oil depot in Chilmari, Kurigram, has remained closed since 2021, severely impacting regional fuel supplies and agriculture. The stagnation highlights deep infrastructural failures affecting distribution across northern districts.
Tea workers in Habiganj's Madhabpur and Chunarughat upazilas have launched a continuous strike, demanding a daily wage of Tk 500. Protesters have staged daily two-hour work stoppages for eight consecutive days to press home their demands.
India's food safety authority has proposed front-of-pack warning labels for packaged items containing high levels of sugar, fat, or salt. The Supreme Court has urged swift government action amid growing concerns over rising obesity rates.
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