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A domestic oil supply could tame volatile prices and boost economic production by fueling a more robust power supply, experts say. By K.R. Chowdhury for Khabar South Asia in Dhaka Along the river Piyain in Bangladesh’s land-locked northeastern Sylhet region, tourism and the sale of crushed rock for roads have long been the main drivers […]

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The net losses incurred by Bangladesh’s state enterprises doubled to 16,880 crore taka (US$2.06 billion) in the current fiscal year compared to the previous year, mainly due to lower selling prices of fuel and electricity than their purchase prices. Of the 48 state enterprises, 36 made a profit of 8,386 crore taka ($1.02 billion), while […]

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Manjurul Ahsan The Power Development Board on Wednesday proposed to raise the bulk rate of electricity by 50 per cent which would affect retail consumers significantly, officials said. The proposal was submitted to the Energy Regulatory Commission the day before the finance minister AMA Muhith placed his budget proposals for next fiscal suggesting power price […]

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