Adani’s Power Supply to Bangladesh Increases Amid Diplomatic Tensions
Despite strained relations between Dhaka and New Delhi, visa complications, and security concerns, India’s industrial conglomerate Adani Group has increased its electricity supply to Bangladesh. Power exports from Adani Power’s coal-based Godda power plant in Jharkhand, owned by Indian billionaire Gautam Adani, to Bangladesh have risen significantly in recent months.
Another 220,000 Tons of Wheat to Be Purchased from the United States
Bangladesh is buying another 220,000 tons of wheat from the United States.
High Court sets December 4 verdict on writ against NCT deal with DP World
The High Court on Tuesday set December 4 for delivering its verdict on a writ petition challenging the government’s move to award the operational contract of the New Mooring Container Terminal (NCT) to UAE-based DP World under a public–private partnership (PPP) arrangement.
Indian Rice to Be Imported via Singapore, Says Government
The government has decided to import rice from India through a Singaporean supplier in order to keep the market “stable,” said Economic Adviser Salehuddin Ahmed.
Revolutionary Workers Party Warns Interim Government Against Foreign Control of Seaports
Leaders of the Revolutionary Workers Party of Bangladesh have said that handing over the country’s seaport management to foreign companies in the name of “better management” is not the responsibility of an interim government.
Bangladesh Taka Falls to Record Low of Tk 122.75 per Dollar
The value of the U.S. dollar has risen again against the Bangladeshi taka. On October 23, the highest selling rate of the dollar across various banks stood at Tk 122.75, up from Tk 122.30 last week. Bank officials said the increase is due to a rise in the number of import LCs being opened, among several other factors.
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