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bangladesh

Growing LNG costs erode Bangladesh’s energy security gains

Bangladesh is turning to renewable energy to chart a more secure and sustainable energy future as mounting import costs, rising tariffs, and heavy dependence on foreign fuels expose the country’s energy sector to growing risks.

Highlights

  • Renewable Energy Push: 20% by 2030, 30% by 2040

  • Heavy Dependence on Imports Strains Energy Security
  • <...

Bangladesh secures less than 5pc of South Asia’s logistics FDI

Bangladesh drew $1.8 billion in greenfield foreign direct investment (FDI) in the logistics sector between 2019 and 2024—representing just 4.9% of South Asia’s total inflows—according to a joint study by the International Finance Corporation (IFC) and GlobalData. The report, released in June and posted on the Bangladesh Investment Development Authority (BIDA) website, highlights the country’s modest performance in attracting logistics-related investments despite its growing trade potential.

Yunus emphasises trade and connectivity in South Asia

Chief Adviser Professor Muhammad Yunus has underscored the importance of reviving and strengthening the South Asian Association for Regional Cooperation (SAARC), describing it as a “family of very close members” with significant untapped potential for regional integration.

Speaking at an event titled “A Conversation with Bangladesh's Chief Adviser Dr Muhammad Yunus”, hosted by the Asia Socie...

CA to address UNGA session today

Chief Adviser Professor Muhammad Yunus will address the 80th United Nations General Assembly (UNGA) session today.  According to the schedule, the session will begin at 9:00 a.m. local time (New York), and the Chief Adviser will address the session as the 10th speaker.
In his speech, Professor Yunus is expected to highlight the interim government’s reform initiatives, the aspirations of the July 2024 mass uprising, its firm commitment to holding free and fair elections in February 2026, ...

Pakistan seeks stronger economic ties with Bangladesh

Prime Minister of Pakistan Shehbaz Sharif has invited Chief Adviser Prof Muhammad Yunus to visit Pakistan, as the two leaders held a meeting on the sidelines of the UN General Assembly at the UN Headquarters on Wednesday.
They discussed ways to deepen economic relations between the two countries by expanding the existing bilateral trade, Chief Adviser’s Press Secretary Shafiqul Alam told reporters after the meeting.
At the beginning of the meeting, Prof Yunus expressed condolences to those wh...

Bangladesh becomes LNG’s hottest story

  • Bangladesh has become Asia’s most active spot LNG buyer as domestic gas output falls and demand rises.
  • Long-term deals with Qatar and Oman cover only part of the gap, so spot imports have surged.
  • Reliance on spot LNG is creating financial and energy-security risks.
Petrob...
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