As the newly formed administration takes the helm, it inherits a landscape fraught with systemic vulnerabilities. A joint report released on Monday by the Metropolitan Chamber of Commerce and Industry (MCCI) and Policy Exchange Bangladesh has identified seven formidable hurdles that threaten to derail the nation’s growth trajectory. During the launch event, titled “Revitalising Private […]

The construction industry in Bangladesh is facing a severe financial squeeze as the price of mild steel (MS) rods hurtles towards the 100,000 BDT per tonne mark. Driven by escalating conflict in the Middle East and a volatile global energy market, retail prices for premium structural steel have surged by approximately 11% to 12% in […]

The Bangladesh Independent Power Producers Association (BIPPA) has issued an urgent appeal to the government, requesting the immediate settlement of outstanding dues through cash payments or the issuance of financial bonds. During a press conference held on Monday at a premier hotel in Dhaka, the trade body warned that without resolving the 14,000 crore BDT […]

A devastating fire tore through a prominent commercial high-rise in Dhaka’s Mirpur 2 district on Monday, claiming the lives of at least two individuals and leaving dozens trapped in a desperate scramble for survival. the blaze, which erupted at the LA Plaza building during the busy post-lunch hour, saw office workers and visitors fleeing to […]

Despite a direct government directive aimed at mitigating a brewing energy crisis, major shopping complexes across Dhaka have largely ignored orders to cease ornamental lighting. The Ministry of Power, Energy, and Mineral Resources issued the mandate on Sunday, 8 March, as part of a national strategy to conserve electricity amidst soaring global fuel prices triggered […]