Member Info for Searcher

This is obviously good news….

Can you imagine the welcome home that he is going to get ….

Apologies, although relevant, this is from last Sundays press lol

The Communist Party of China (CPC) has invited BNP Acting Chairman Tarique Rahman to visit China at a convenient time.

CPC Central Committee Politburo member and Vice Chairman of the National People's Congress Standing Committee, Li Hongzhong, extended the formal invitation during a meeting with a high-level BNP delegation, led by its Secretary General Mirza Fakhrul Islam Alamgir, on Monday, said BNP media cell member Sayrul Kabir Khan.

Li Hongzhong, along with other senior CPC leaders, held the meeting at the Great Hall of the People in Beijing. The CPC leaders welcomed the BNP delegation at the start of the meeting.

“During the meeting, Li Hongzhong formally invited BNP’s Acting Chairman Tarique Rahman to visit China in the future,” Sayrul said.

He said the CPC leaders hoped that the meeting would begin a new chapter in China-Bangladesh relations.

They also stressed the need for regular talks and continued cooperation between the CPC and BNP, Sayrul added.

https://www.daily-sun.com/post/810516

BNP confident of polls in February

The Bangladesh Nationalist Party on Sunday expressed firm confidence that the upcoming national election would take place in February as planned, dismissing any contrary speculation.

‘I see no indication whatsoever that the election will not be held in February. There is no need to raise unnecessary doubts about it,’ said BNP standing committee member Amir Khasru Mahmud Chowdhury.

Khasru said that the entire nation was gearing up for the election, with people across the country preparing for the next Jatiya Sangsad polls in February.

He observed that the Election Commission, too, was making preparations for the polls.

https://www.newagebd.net/post/politics/268622/bnp-confident-of-polls-in-february

So on the boards the last few days there have obviously been a lot of questions asked from a couple of posters obviously intent to put doubt in investors minds, and I’m sure that number will increase in the coming days / weeks, I’d suggest that’s to get the price down for them to buy in, so I thought I’d just put a couple of thoughts together looking at the positives …

- Bangladesh / Renewable Energy

Yes of course we will hear a lot about renewable energy, we know that this is one of Yunus’s loves in life, plus, Bangladesh have set a target to get from the now around 4% to 20% by 2030 and 30% by 2040 …

As we have seen in an article tonight, solar on rooftops is already being questioned

There will continue to be questions over energy supply, BUT it will never come down to one type of energy supplying the country, it will ALWAYS be a mixed energy policy!

- Elections February 2026

So early February has been agreed as an election date between Yunus and Tarique, yes it’s all depended on certain things happening, but that’s was always going to be the statement just so no one loses face!

If that date is changed by Yunus, we all know how the BNP will react, and so does Yunus, so I’d be very surprised if it was extended.

- Funding

So we all know that our funds at the moment can run until about February 2026, so personally I’d expect a fundraising around November / December time. By then I’d also expect the share price to be a lot higher than the 3.75p it closed on Friday

- Does the fund raise concern me? NO!

Think about it, we had an RNS last week saying that Polo are to be re-registered…..

WHY, and why at this time is what we should be asking….

- From my research this weekend, providing everything goes smoothly and there are no complications, it should take between 3 to 6 months for a company to re-register….. what perfect timing for Polo to get themselves some more GCM shares and increase their holding.

This is obviously only my opinion, but for me it works, so I’m happy to continue to hold and add when I can

GL all …

It will prove to be an incorrect figure GPback, because there was a recent report that came out showing that ALL renewable power produced in Bangladesh only came to between 4 to 4.5% at the moment, and that to get to 20% by 2030 they would have to increase spending to 1 billion a year up to 2030, and then to reach 30% by 2040, that figure would then have to increase to about 1.3 billion a year..

The idea of public-private partnership, where private companies install and maintain systems out of their own commercial interest, appears promising at first glance, but previous experiences with such arrangements do not inspire much confidence. The government must also assess whether older buildings can bear the added weight of solar panels, and whether institutions in shaded or congested areas get enough sunlight to justify the cost. A nationwide rollout without checking these basic facts would be irresponsible, no matter how noble the intentions behind it.

Before moving ahead, the government must undertake a thorough feasibility study to examine whether a nationwide rooftop solar rollout is truly worth the investment. As part of this, it must assess the existing installations, especially those installed under the RAJUK directive, to see how many are still functioning, how much electricity they actually generate and what maintenance issues have arisen over time. The study must also evaluate costs, technical challenges and the potential for grid integration across different categories of buildings. Only after establishing the project's practical benefits and sustainability should large-scale implementation proceed. There is no denying that renewable energy is the way of the future, but rushing in without proper groundwork could easily turn a well-intentioned plan into a costly misadventure.

Looks like they are already questioning solar on rooftops!

No surprise there to anyone with a brain!! 😂😂

The whole article is worth a read ….

https://thefinancialexpress.com.bd/editorial/rooftop-solar-caution-before-commitment

In what appears to be an attempt to fast-track renewable energy adoption, Chief Adviser Professor Muhammad Yunus recently directed the installation of rooftop solar panels on all government buildings including educational institutions and hospitals. The move is meant to go hand in hand with Bangladesh's Renewable Energy Policy 2025 which targets sourcing 20 per cent of electricity demand from renewables by 2030. As per the latest IRENA report, Bangladesh remains significantly behind its regional peers in solar electricity generation, with only 5.6 per cent of its power coming from solar, in contrast to 24 per cent in India, 17.16 per cent in Pakistan and 39.7 per cent in Sri Lanka. To meet upcoming target, tenders for 55 land-based solar plants have already been floated, but their full implementation could take until 2028. Hence, the government is now looking to rooftop spaces as a more immediate solution.

FE

There are, however, significant doubts over the practicality and efficacy of this large-scale rooftop solar rollout. First off, the claim that 5.6 per cent of national electricity comes from solar power needs further investigation. It is plausible that this figure is indicative of installed capacity rather than actual output, which may be much lower given that many rooftop units stopped functioning soon after installation. Some high-rise buildings installed solar systems only to meet RAJUK's compliance requirements, and it is doubtful whether these systems are operational or connected to the grid in any meaningful way. Before allocating resources to this initiative, policymakers must distinguish between mere installation and reliable energy generation, particularly in a country where public infrastructure projects often neglect long-term maintenance.

Implementing solar panels across all government buildings would require an enormous investment, possibly running into thousands of crore taka. Without proper planning, this could turn into a massive misallocation of public funds. There is a real risk that many of these panels would exist only on paper, much like the proverbial cow that exists in the book but not in the shed. Government hospitals, in particular, need uninterrupted and stable electricity to run life-saving equipment. Poorly installed systems, equipment failures or even overcast skies during the rainy season could damage sensitive medical devices and endanger lives. Similarly, schools and colleges that are already struggling with limited resources may end up with faulty or inefficient solar systems that become long-term financial burdens. The idea of public-private partnership, where private companies install and maintain systems out of their own commercial interest, appears promisin

This one is just for Gigi, who does not want to listen to anyone ….. hopefully as it’s in this article it may sink in!!!

Joint statement after Yunus–Tarique meeting: Election may be held before Ramadan

Chief adviser professor Muhammad Yunus has said if necessary preparations are completed, the next national election could be held in the week before the beginning of Ramadan in 2026 (early February).

https://en.prothomalo.com/bangladesh/politics/uw8wqad8yb?utm_source=chatgpt.com

For those looking in, doing some serious research, this article is from March 2025 and discusses the coal seminar that was held in February 2025

Bangladesh Urged to Act on Vast Coal Reserves Amid Challenges

The Phulbari coal field presents an even more compelling case. With a proven reserve of 572 million tons, it is suitable for open-cut mining and could optimally produce 475 million tons of coal. If mined efficiently, Phulbari could supply 15 million tons of premium coal annually, sufficient to generate approximately 5,300 MW of power. The potential for a ‘box cut’ mine that could extract coal from both the Barapukuria and Phulbari fields was also discussed, highlighting the need for integrated planning and investment.

The seminar underscored the urgent need for government decision-making. The current underground mining operations at Barapukuria are set to continue until 2027, but the future beyond that remains uncertain. The Energy Secretary, Mr. Saiful Islam, acknowledged the challenges, stating, “At times, we have struggled to pay coal import bills due to the foreign currency crisis.” He emphasised the need for a decisive approach, saying, “We must decide whether to use our own coal for power generation.”

https://miningtechnologyinsights.com/2025/03/11/bangladesh-urged-to-act-on-vast-coal-reserves-amid-challenges/?utm_source=chatgpt.com

Wow…. For someone who has obviously done their research (NOT) 🙈🙈

- Does not believe Yunus will hold elections in February

- Does not believe GCM holds a licence 🙈🙈😂😂

- Does not believe the BNP will ever give the go ahead to Phulbari

- Does not believe that GCM has funding to go into 2026

- Does not believe that Bangladesh will never mine their own coal

- Believes that Bangladesh will solve all its energy problems by installing solar on the roof tops of schools and government buildings 🙈🙈

Why the hell are you here? 🙄

😂😂😂😂😂

BNP believes govt preparing for polls before Ramadan: Farroque

BNP Chairperson’s Advisory Council Member Zainul Abedin Farroque on Friday said they believe the interim government is preparing to hold the national election before Ramadan in line with the Chief Adviser’s commitment.

“Our humble request to Dr Muhammad Yunus is that you kindly live up to your commitment. An election will be held in the country before Ramadan, and the government is certainly preparing for it. We are hopeful about it,” he said.

https://unb.com.bd/category/Politics/bnp-believes-govt-preparing-for-polls-before-ramadan-farroque/162883

Well put AIMtd, the other factor to take into consideration, is that it’s always been said that Bara on its own is not a financially viable option so you OPM one, you OPM both!

Nice find diget 👏👏👏

This report shows how unrealistic the renewable targets of 20% by 2030 and 30% by 2040

Yunus is just dreaming, and not going to be happy with its content!!

Bangladesh will require nearly US$ 1.0 billion in annual investments to meet the new goals outlined in its updated Renewable Energy Policy, a new report revealed Wednesday.

The country must channel US$ 933-980 million annually until 2030 and ramp up to US$ 1.37-1.46 billion per year through 2040 to reach its renewable energy (RE) ambitions, according to the Institute of Energy Economics and Financial Analysis (IEEFA).

IEEFA is a global team of energy finance analysts, communication experts, and management professionals, based in Asia, Australia, Europe, North America, and South Asia.

In its new Renewable Energy Policy, Bangladesh has set targets for generating 20 per cent and 30 per cent of electricity from renewable sources by 2030 and 2040 respectively.

"Public finance alone is unlikely to meet these funding requirements, necessitating large-scale private investment," says the report's co-author, Shafiqul Alam, IEEFA's lead energy analyst for Bangladesh.

However, abrupt policy changes, off-taker risk, technology and performance risk, weak project pipelines, a cumbersome loan disbursal process, land acquisition challenges, currency volatility, and lower sovereign rating limit private sector investment in the sector, the report notes.

By engaging with multilateral development banks (MDBs), international climate finance institutions and bilateral development financial institutions, the report suggests, the country could consider establishing a currency hedging fund to mitigate currency risk.

The interim government has suspended 31 utility-scale renewable energy projects that received Letters of Intent (LoIs) through the non-competitive bidding process under the previous government. This sudden shift to competitive bidding and the resulting contractual uncertainties have left investors feeling disconcerted

https://thefinancialexpress.com.bd/economy/re-targets-demand-billion-dollar-annual-investment

Nice to see the buying volume increasing this morning …

CPC interested in signing political MoU with BNP

The Communist Party of China (CPC) has shown interest in signing a Political Memorandum of Understanding (MoU) with the BNP.

This was shared by Liu Jianchao, minister of the International Department of the CPC Central Committee, during a meeting with the visiting BNP delegation.

https://www.thedailystar.net/news/bangladesh/politics/news/cpc-interested-signing-political-mou-bnp-3924996

China eyes stronger ties with BD's next govt

Says Chinese vice minister in talks with BNP delegation

Chinese Vice Minister of Foreign Affairs Sun Weidong on Tuesday said China is looking forward to working with a new government in Bangladesh, report agencies.

Weidong shared this message during a meeting with a high-level BNP delegation, led by its Secretary General, Mirza Fakhrul Islam Alamgir, at China's Ministry of Foreign Affairs, said BNP Media Cell Member Sayrul Kabir Khan.

"China hopes for a free and fair election in Bangladesh. We are eagerly waiting to work with the new government," Sayrul said, quoting Weidong.

He also mentioned that the Chinese Vice Minister promised China will continue to support Bangladesh in areas such as agriculture, industry, garments, health and infrastructure development.

Sayrul said the meeting was held in a friendly and cordial atmosphere on the second day of the BNP delegation's visit.

During the meeting, Sayrul said BNP Secretary General Mirza Fakhrul Islam Alamgir sought China's help in improving technology and efficiency, and for steps to reduce trade imbalances.

Earlier on Monday, the Communist Party of China (CPC) invited BNP Acting Chairman Tarique Rahman to visit China at a suitable time.

https://today.thefinancialexpress.com.bd/politics-policies/china-eyes-stronger-ties-with-bds-next-govt-1750787183?amp=true

It’s going to be interesting to see how this story develops, especially when being questioned by someone like Anu

Anu Muhammad questions CA Yunus’s role in Ctg Port’s container terminal lease push

Economist Professor Anu Muhammad has criticised the process of leasing the New Mooring Container Terminal (NCT) of Chattogram Port to a foreign company, questioning the role of Chief Adviser Muhammad Yunus in promoting the deal initiated by ousted prime minister Sheikh Hasina.

Speaking at an open discussion organised by the civic platform Gonotantrik Odhikar Committee (Democratic Rights Committee) today (21 June), he said the idea of leasing the terminal was not new and had earlier been considered by former prime minister Sheikh Hasina.

Anu Muhammad questioned the motivation of Muhammad Yunus in supporting the move.

"In Muhammad Yunus's words, DP World is the best in the world. This was also in Sheikh Hasina's mind. Sheikh Hasina might have political and state interests, but what is Muhammad Yunus's interest?" he said.

DP World, a state-owned port operating company based in the UAE, has been proposed as the foreign operator for the NCT under a government-to-government arrangement.

This initiative was originally undertaken by the previous Awami League administration in March 2023 but had since been paused.

The interim government has now revived the plan, which has sparked criticism from several political parties, labour organisations, and civil society groups.

https://www.tbsnews.net/bangladesh/anu-muhammad-questions-ca-yunuss-role-ctg-ports-container-terminal-lease-push-1170091?amp

Li Hongzhong has invited BNP Acting Chairman Tarique Rahman to visit China. The CPC expressed hope that the two parties and the two countries' relations will reach new height through this visit.

BNP Secretary General Mirza Fakhrul Islam Alamgir, who is leading a party delegation in China, on today termed the initiative of the Chinese leadership in Asia-Pacific regional politics as positive.

He said during a bilateral meeting with a Chinese delegation at the Great Hall of the People in Beijing, said BNP media cell member Shyrul Kabir Khan.

Fakhrul hoped the positive initiatives of China will be expanded to a multilateral scale.

https://bangladeshpost.net/posts/china-playing-positive-role-in-regional-politics-fakhrul-153633