Recently falling below the $30 billion mark, Bangladesh’s fast declining foreign exchange reserves portend a growing energy crisis, as payments for fuel and gas pile up and fuel reserves plummet to ...
According to IEEFA, the early establishment of a policy and regulatory framework allowed Bangladesh to respond more effectively when energy costs surged. Subsequent measures — including regulatory ...
Rayyan Hassan, Executive Director of the Forum and moderator of the session, warned that the ADB's "one-sided, fossil-heavy investment blueprint" deepens the country's vulnerability to fuel shortages, ...
DHAKA, May 22 (Reuters) - Bangladesh is struggling to pay for imported fuel because of a dollar shortage, letters reviewed by Reuters show, with the state petroleum company owing more than $300 ...
Bangladesh raised fuel prices by around 50% on Saturday, a move that will trim the country's subsidy burden but put more pressure on inflation that is already running above 7%. DHAKA, Aug 6 (Reuters) ...
Social media users discussing August fuel hike protests in Bangladesh have mistakenly shared unrelated footage from 2013, suggesting it is from 2022. The video shows people looking at objects on fire ...
On Aug. 6, Bangladesh raised its fuel prices by about 50%, according to Reuters. The country blames Russia's war in Ukraine for the decision, saying it has had to increase its imports and, therefore, ...
DHAKA, Jan 12 (Reuters) - Independent power producers will be allowed to import fuel oil directly into Bangladesh to supply dozens of new turn-key electricity generating units, a government power ...
Unprecedented fuel price increases announced on August 5—the highest in Bangladeshi history—have triggered nationwide protests by workers, students and the poor against the Awami League-led government ...
Electricity generation has fallen sharply in Bangladesh, leading to planned load shedding. Analysts say the government should have paid more attention to renewable energy to avoid the electricity ...
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