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Santos, KrisEnergy carry out 3D seismic survey in block SS-11

The joint venture (JV) of Australian Santos and Singapore's KrisEnergy carried out a 3D (three dimensional) seismic survey in block SS-11 in the Bay of Bengal to explore hydrocarbon.The JV conducted the 3D survey recently covering some 305 square kilometer area in shallow water, a senior Petrobangla official told the...

Swedes beat Swiss to reach WC quarter-finals

Sweden barged their way into the World Cup quarter-finals when Emil Forsberg's heavily deflected shot gave them a 1-0 win over Switzerland in a scrappy last-16 contest on Tuesday, reports Reuters.Forsberg was allowed time to tee up his shot on the edge of the penalty area and, although goalkeeper Yann...

BD needs more support to help Rohingya: WB chief

President of the World Bank (WB) Group Jim Yong Kim has said Bangladesh needs more support from the world to help nearly 1.0 million Rohingya refugees driven by violence from Myanmar. Mr. Kim made the statement on Tuesday after concluding his two-day visit to the country, said a WB press...

BD gets $24b as foreign aid in nine yrs: Muhith

Bangladesh received foreign assistance amounting to $ 24 billion from various countries and development partners in the last nine years, Finance Minister AMA Muhith told the Jatiya Sangsad on Tuesday, reports UNB."The disbursed amount of foreign assistance for the country's development works was $ 24,157.64 million (US$ 24.16 billion) from...

US for holding 'credible elections'

US Ambassador in Bangladesh Marcia Bernicat on Tuesday emphasised on holding of a non-violent, free, fair and credible elections in Bangladesh that reflect the will of the people."As I conclude my time here in Bangladesh, I ask the government of Bangladesh and the people of Bangladesh for the same thing...

Fourth-round decision of APTA comes into effect

The APTA member countries' decision, taken in the fourth round of negotiations to widen the coverage of concession to 10,593 tariff lines, came into effect on Sunday last.Under the third round of negotiations of the Asia Pacific Trade Agreement (APTA) grouping, 4,270 items had been enjoying tariff concessions.Bangladesh, China, India,...

WB projects 6.7pc growth this fiscal

The World Bank (WB) has projected 6.7 per cent economic growth in fiscal year (FY) 2018-19 for Bangladesh.The global lending agency has made the projection in its 'Global Economic Prospects (GEP)' in June 2018."In Bangladesh, growth is expected to recover from the effects of natural disasters in FY2017/18 and reach...

ICRC for responsible leadership to resolve Rohingya crisis

Recognising the progress made so far, ICRC President Peter Maurer laid on Tuesday emphasis on "responsible leadership" to resolve the Rohingya crisis and help Rohingyas go back to their homeland with all their rights, reports UNB."Today, there is recognition that there is a problem and this problem needs to be...

S'pore co offers lowest bid for wheat import

A tender by Bangladesh to import 50,000 tonnes of wheat drew its lowest offer from Singapore-based Agrocorp on Tuesday at $256.38 a tonne, officials at the state grains buyer said, reports Reuters.Two other trading houses competed for the tender from Bangladesh's Directorate General of Food, quoting deliveries at $258.95 a...

BB sold $2.31b in last fiscal

In the just-concluded fiscal year, Bangladesh Bank sold $2.31 billion to keep the currency market stable, reports bdnews24.com.The figure is the highest in five years.On Monday, the inter-bank exchange rate of the dollar stood at Tk 83.7 after an increment of 4.0 per cent from Tk 80.59 which was the...

China presses Europe for anti-US alliance on trade

BRUSSELS/BERLIN, July 03 (Reuters): China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month but is facing resistance, European officials said. In meetings in Brussels, Berlin and Beijing, senior Chinese officials, including Vice Premier...

Fire-fighters trying to extinguish a fire

Fire-fighters trying to extinguish a fire that broke out at Banjing Bangladesh Limited, a foam producing unit, at Tongi in Gazipur on Tuesday morning — bdnews24.com