Briefing 08-05-2022

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FE Team | Published: May 07, 2022 23:06:44

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‘Commodity exchange in five years’
Chittagong Stock Exchange (CSE) has started its job to establish a well-structured commodity marketplace within five years to ensure fair prices of goods for consumers, producers and peasants. Chairman of the port city bourse Asif Ibrahim said this in an interview with the FE. Page 9
Asian LNG prices inch up
Asian spot liquefied natural gas (LNG) prices inched up last week as market players fear prices might skyrocket if the European Union imposes a ban on Russian oil and Moscow reacts by halting gas supplies to the continent. The average LNG price for June delivery into north-east Asia was estimated at $23.90 per metric million British thermal units (mmBtu), up $0.40 from the previous week, industry sources said. Page 20
Havana hotel blast kills 22
At least 22 people have died and more than 60 have been hospitalised after a massive explosion rocked one of Cuba's most exclusive five-star hotels. It is believed a gas tanker which was parked outside the Saratoga Hotel in Old Havana ignited, causing an explosion which destroyed several floors of the building. Page 11
Lankan cricket team arrive in city today
The Sri Lanka national cricket team is all set to arrive in Dhaka this (Sunday) morning to take part in a two-match Test series against Bangladesh starting May 15 in Chattogram. This series is part of the ongoing cycle of the ICC World Test Championship. Page 12