Sri Lanka opens work on $3.85b refinery near strategic port

HAMBANTOTA, Mar 24 (AFP): Sri Lanka began construction on Sunday of a nearly $4.0 billion oil refinery it hopes will revive foreign interest in its shipping facilities after Beijing's takeover of a nearby port spooked international investors.Prime Minister Ranil Wickremesinghe said Hambantota, a district in Sri Lanka's south which lies...

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JBF for free eye, teeth, diabetes, gynee and general treatment services

Jamuna Bank Foundation (JBF) Chairman Nur Mohammed, Jamuna Bank Limited Director Eng Md Atiqur Rahman and Managing Director and CEO Shafiqul Alam attended a function organised by JBF for free eye, teeth, diabetes, gynee and general treatment services for the people at Wazuddin Foundation Trust Islamia Madrasa and Hefjkhana at...

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Malaysia threatens EU fighter jet boycott over palm oil

KUALA LUMPUR, Mar 24 (AFP): Malaysia may retaliate against an EU plan to curb palm oil use by purchasing new fighter jets from China instead of European arms companies, its leader said Sunday.The Southeast Asian country is the world's second largest palm oil producer after neighbouring Indonesia, and recently threatened...

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Rio Tinto halts rail, mine operations in Western Australia

SYDNEY, Mar 24 (Reuters): Rio Tinto, the world's No 2 iron ore miner, said on Sunday it was suspending rail operations in the Pilbara region and mining at the Robe Valley operations in Western Australia as a severe tropical cyclone hit the state's far north.The suspension comes after Rio, BHP,...

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America’s crude oil faucet gets an upgrade in Texas

CORPUS CHRISTI (United States), Mar 24 (AFP): The port of Corpus Christi in Texas is pulling out all the stops to capitalise on America's soaring energy export ambitions: giant new oil pipelines, terminal expansions and dredging - but at risk of environmental damage.Exports through the port, which ships out more...

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