The Bangladesh-India Friendship Power Company Ltd (BIFPCL) has taken the initiative to create a green belt and bird sanctuary by planting trees in the coal-fired Rampal Thermal Power Plant area in Bagerhat.
"A total of 5,00,000 trees will be planted in phases around the plant to create a green belt. Of these, 87,000 trees have already been planted. Another 1,13,000 will be planted during the current monsoon season. Later, the remaining trees will be planted in coordination with the Forest Department," BIFPCL General Manager Debashish Saha said at a second phase of tree plantation programme at the power plant premises today (6 July).
Showing inflated export figures through false information was part of a conspiracy that has harmed entrepreneurs in the country textile sector, claimed Mohammad Ali Khokon, the president of the Bangladesh Textile Mills Association (BTMA) on Saturday.
“In a meeting of the Ministry of Commerce last year, when we said our exports do not reflect the export data shown by the Export Promotion Bureau (EPB), the central bank governor and others scolded us, saying, why were we saying that exports are less. Then we, including the then president of BGMEA, became silent,” he said during a press conference at his office in the capital Panthapath.
“We have been deprived of many benefits with the false information of export growth, which was a kind of conspiracy,” Khokon added.
The press conference was organised to highlight how the reduction of cash incentives could harm the textile sector.
The prices of local varieties of onion reached Tk110-120 per kg in the kitchen markets of Dhaka on Saturday from Tk90-97 per kg a week ago, augmenting consumers woes.
The traders have increased the onion prices claiming a short supply in the wholesale market from Faridpur and Pabna, the main production hub of the local varieties of onion.
They said the drop in supply is leading to the price hike.
The local variety of onion is selling at Tk110-120 per kg, while the imported onion is sold at Tk97-104 per kg on Saturday.
Shun Shing Edible Oil Ltd (SSEOL) has finally merged with Bangladesh Edible Oil Ltd (BEOL), giving a higher edge to the BEOL to operate in the country cooking oil market of around 30 lakh tonnes.
In an announcement on July 4, the BEOL, a foreign-owned joint venture between Wilmar International Limited of Singapore and Adani Group of India, said all businesses and operations of SSEOL have been transferred to BEOL as a result of the merger as of June 3, 2024.
BEOL is one of the major players in Bangladesh edible oil market with 11 companies operating.
And four companies—TK Group, City Group, S Alam Group and Meghna Group—control most of the market, roughly 90 percent of which is imported based.