Category: World

Government Buys LNG at a Record Price of $28 per MMBtu in National History

Government Buys LNG at a Record Price of $28 per MMBtu in National History

The Bangladesh government has approved the procurement of four cargoes of Liquefied Natural Gas (LNG) from the international spot market to address acute energy shortages crippling the domestic power sector and manufacturing industries. The decision was formalized on Wednesday during a meeting of the Cabinet Committee on Government Purchase held at the Secretariat, chaired by […]
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Ben Stokes Set for Opening Role in Big Bash League

Ben Stokes Set for Opening Role in Big Bash League

England test captain Ben Stokes could feature in an uncharacteristic opening role for the Adelaide Strikers in the upcoming Big Bash League (BBL) season. The Australian franchise officially confirmed the signing of the talismanic English all-rounder on a one-year deal on Tuesday, securing his availability for the entire duration of the tournament. Head coach Tim […]
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Bangladesh Large-Scale Industrial Production Index Turns Negative Amid Crisis

Bangladesh Large-Scale Industrial Production Index Turns Negative Amid Crisis

Bangladesh’s large-scale manufacturing sector has entered unprecedented territory as a compounding mix of severe energy shortages, escalating dollar illiquidity, soaring interest rates, and sluggish domestic demand forces factories across the country to scale back output. According to data from the Bangladesh Bank’s Major Economic Indicators: Monthly Update released for July 2026, the Index of Industrial […]
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Bangladesh Banking Sector Crisis as Default Loans Exceed 6 Lakh Crore Taka Bangladesh Banking Sector Crisis as Default Loans Exceed 6 Lakh Crore Taka

Bangladesh Banking Sector Crisis as Default Loans Exceed 6 Lakh Crore Taka

Bangladesh’s banking sector has suffered another sharp setback as non-performing loans (NPLs) surged by 17,851 crore taka in just three months, pushing the industry’s total default portfolio beyond the historic 6 lakh crore taka threshold. The stark escalation underscores deeply rooted structural vulnerabilities within the country’s financial landscape, highlighting the continued failure of debt restructuring […]
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