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Petrobangla cancels LNG terminal deal with HSMPL

State-run Petrobangla has cancelled a deal with the consortium of Hong Kong Shanghai Manjala Power Ltd (HSMPL), consisting of Malaysia's Petronas and local Global LNG, for building a FSU and a fixed jetty-based LNG import terminal.The 'term sheet agreement' was inked on October 16, 2017, following approval from the country's...

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Oikya Front meets EC today seeking election deferment

A delegation of Jatiya Oikya Front, led by Dr Kamal Hossain, will meet the Election Commission today (Wednesday), seeking deferment of the national election by a month, report agencies.BNP secretary general Mirza Fakhrul Islam Alamgir came up with the announcement after a meeting of Oikya Front steering committee at Dr...

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Aman prices drop on high yield

Paddy prices have dropped remarkably this bumper Aman season, hurting the local peasantry who are already struggling with a rise in production costs.Market watchers said millers, importers and others are getting the most out of this high crop yield.They said the government's procurement of the staple also helps benefit millers...

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Good politics bears good economic impact: Muhith

Finance minister AMA Muhith said on Tuesday a good political situation has always an excellent impact on the country's economy and overall development."All parties are joining in the elections. It's a political success. The impact of political success spread to all sectors, including economy and development," he added.Mr Muhith told...

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Rohingya refugees fear fresh persecution in Myanmar

The process of Rohingya repatriation faces fresh complexities as many of the Rohingyas, scheduled to be sent back to their homeland, seemed to be unwilling to go back, fearing fresh persecution.The repatriation process is set to start on November 15."The UNHRC started the process to seek consent of the Rohingya...

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Lanka SC restores parliament, halts poll preparation

COLOMBO, Nov 13 (AFP): Sri Lanka's Supreme Court overruled on Tuesday President Maithripala Sirisena's dissolution of parliament in a major boost to sacked prime minister Ranil Wickremesinghe's fight to reclaim the post from an arch-rival.The heavily guarded court also halted preparations for a snap election in the latest twist in...

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CNN sues White House over barring of reporter

WASHINGTON, Nov 13 (AFP): CNN sued Donald Trump's administration Tuesday, alleging the White House violated journalist Jim Acosta's rights under the constitution by revoking his press credentials following a heated exchange with the US president. "The wrongful revocation of these credentials violates CNN and Acosta's First Amendment rights of freedom...

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Enforce electoral code of conduct, EC asks IGP

The Election Commission has asked the law enforcers to take necessary measures so that the election aspirants and their supporters follow the electoral code of conduct while collecting and submitting nomination forms from and to the offices of their parties, reports UNB.The Commission sent a letter to the Inspector General...

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"4th Industrial Revolution"

Foreign Minister AH Mahmud Ali inaugurating a national workshop on "4th Industrial Revolution" at a city hotel on Tuesday — PID

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