Govt, project contractor to sit together after two years
In a move to open the 3rd Terminal of Hazrat Shahjalal International Airport (HSIA), the government and the project's contractor have finally agreed to sit together - after two years of break - for resolution of the disputes regarding hundreds of claims raised by both the sides.Sources said the Japan-led...
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Govt to minimise impact on public: Adviser Zahed
Adviser to the Prime Minister on Information and Broadcasting Zahed Ur Rahman has said that while octane supply has improved slightly, there has been a decline in other fuel supplies. However, the situation is not severe and remains under control.Despite a heavy subsidy burden in the power and energy sector,...
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Shippers seek clarity on Hormuz reopening
Shippers looking to revive the passage of tankers through the Strait of Hormuz were seeking clarity on the logistics, while refiners inquired about new crude loadings on Wednesday, in response to a ceasefire deal between the US and Iran, reports Reuters.Most stranded oil and gas tankers remained inside the Gulf,...
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Oil tumbles below $100 after Trump announces two-week ceasefire
LONDON, April 8 (Reuters): Oil fell below $100 a barrel on Wednesday after US President Donald Trump said he had agreed to a two-week ceasefire with Iran, subject to an immediate and safe reopening of the Strait of Hormuz.Brent crude futures were down $17.47, or 16 per cent, at $91.80...
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Gold climbs to near 3-week high
Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the US and Iran agreed to a two-week ceasefire, reports Reuters.Spot gold was up 2 per cent at $4,795.28 per ounce, as of 1123 GMT. It rose more than 3 per cent...
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