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Gas Shortages Force Shutdown of Essential Food Processing Plants 2 Gas Shortages Force Shutdown of Essential Food Processing Plants

Gas Shortages Force Shutdown of Essential Food Processing Plants

GLive24.com DeskAugust 14, 2026
A severe national gas crisis has forced major industrial conglomerates in Bangladesh to shut down essential food processing operations, threatening widespread market disruptions and potential price spikes for daily commodities. In Narayanganj, the Meghna Group of Industries (MGI)—which processes edible oil, flour, sugar, and crushed soybean seeds—was compelled to halt operations across 12 processing plants […]
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Gas Crisis Leaves Bangladesh With Limited Immediate Options Gas Crisis Leaves Bangladesh With Limited Immediate Options

Gas Crisis Leaves Bangladesh With Limited Immediate Options

GLive24.com DeskAugust 13, 2026
The government has acknowledged that its ability to quickly resolve the ongoing gas shortage affecting Bangladesh’s industries and power generation is currently limited, with authorities largely dependent on the repair and restoration of a floating liquefied natural gas terminal. Power, Energy and Mineral Resources Minister Iqbal Hasan Mahmud said the immediate priority was to manage […]
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Bangladesh Bank Cancels Chief Economists Remaining Contract Bangladesh Bank Cancels Chief Economist’s Remaining Contract

Bangladesh Bank Cancels Chief Economist’s Remaining Contract

GLive24.com DeskAugust 13, 2026
Bangladesh Bank has cancelled the remaining term of Chief Economist Mohammad Akhtar Hossain’s contractual appointment, bringing his tenure to an early end. The decision was announced in a notification issued on Wednesday by the central bank’s Human Resources Department-1. According to the notice, the remaining period of Hossain’s contractual appointment as chief economist will be […]
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Dollar Rises as Key Foreign Exchange Rates Set for 13 August Dollar Rises as Key Foreign Exchange Rates Set for 13 August

Dollar Rises as Key Foreign Exchange Rates Set for 13 August

GLive24.com DeskAugust 13, 2026
Foreign exchange rates play a vital role in Bangladesh’s economy, influencing remittances, international trade, imports, exports and a wide range of cross-border financial transactions. With more than 10 million Bangladeshis living and working abroad, the value of foreign currencies against the taka is particularly significant for families receiving remittances as well as businesses engaged in […]
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