New York Times Report: Bangladesh-India once friendly relations are now bitter

The influential American daily The New York Times (NYT) believes that the once friendly relations between the two South Asian neighbors, Bangladesh and India, have now turned bitter. This was stated by The New York Times in a report titled ‘Two South Asian Neighbors, Once Friendly, and Now at Bitter Odds’ on the current relations […]

Read More

Bangladesh halves power buying from Adani amid disputes over payment, pricing

Bangladesh told Adani to keep supplying only half the power for now, officials said, although it will keep paying its old dues. Bangladesh has halved the power it buys from India’s Adani Power, citing lower winter demand, government officials told Reuters today, amid disagreements over dues running into hundreds of millions of dollars and pricing. […]

Read More

As world transitions, Bangladesh ranks 4th in coal power development

A suite of problems continues to plague this fuel, further complicated by political unrest throughout the country in July and August 2024 The global energy transition away from coal has accelerated over the past ten years, evident by the fact that the number of nations with coal power under development [pre-construction and construction] has nearly […]

Read More

Indian media’s statements are harmful to healthy relations: Bangladesh’s foreign affairs adviser

Bangladesh’s foreign affairs adviser Md. Towhid Hossain has said that India needs to address Bangladesh’s long-standing concerns to improve bilateral relations between Dhaka and New Delhi. He was speaking at a roundtable discussion titled ‘Bangladesh-India Relations: Expectations, Obstacles and Future’. Towhid said, ‘The previous (deposed) government of Bangladesh had addressed India’s concerns. But India has […]

Read More

Despite soaring floods, Bangladesh grapples with acute funds

Bangladesh has been unable to secure compensation from industrialized nations due to a lack of relevant data, needed to estimate the amount of damage caused by climate change Ashraf Hossain – a resident of Kandla village under Kanighat Upazila of Sylhet, a city of eastern Bangladesh– has been hit by floods twice this year. The […]

Read More

Bangladesh risks 20% export decline to EU due to EU-Vietnam FTA, LDC graduation

Bangladesh could face a potential 20% decline in exports to the European Union if it fails to implement timely and effective policies, especially in comparison to its close competitors, said experts and entrepreneurs at a discussion today (27 November). Additionally, the country’s upcoming graduation from Least Developed Country (LDC) status may further slow export growth, […]

Read More

Bangladesh’s Foreign loan commitments slide 93% in Jul-Oct

Bangladesh’s foreign loan commitments from development partners plummeted by a staggering 93% year-on-year in the first four months of the current fiscal year, according to data from the Economic Relations Division (ERD). Between July and October, only $254.57 million in commitments was received, compared to $3.628 billion in the equivalent period of the previous fiscal […]

Read More

Moody’s downgrade doesn’t reflect economic progress since July upsurge: Cenbank

The international credit rating agency Moody’s on 19 November lowered Bangladesh’s sovereign rating from B1 to B2 and maintained its short-term issuer rating as Not Prime, while also shifting the outlook to negative. Bangladesh Bank has discounted the Moody’s recent downgrade of Bangladesh’s sovereign credit rating, arguing it does not accurately reflect the significant political […]

Read More

Dr. Yunus to Time Magazine: Sheikh Hasina is creating various problems by taking refuge in India

Dr. Muhammad Yunus, the chief advisor to the interim government, has said that Sheikh Hasina has not only taken refuge in India, but is also creating various problems. He made such comments in an interview with the famous Time magazine. In the interview published in Time magazine on Thursday (November 21), Dr. Yunus said, when […]

Read More

High-level conference on ‘Durable Solutions to the Rohingya Crisis’ at the UN

Professor Dr. Muhammad Yunus, the chief advisor to the interim government, had called for a high-level conference on the Rohingya issue at the 79th session of the UN General Assembly last September. In this context, the resolution titled ‘The situation of human rights of Rohingya Muslims and other minority communities in Myanmar’ was unanimously adopted […]

Read More