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93pc work on Bangabandhu tunnel ends

CHATTOGRAM, Sept 16: Almost 93 per cent of the construction work of 'Bangabandhu Sheikh Mujibur Rahman Tunnel' under Karnaphuli river in Chattogram has been completed. Already the government appointed a Chinese company as its operator.The tunnel, built at a cost of Tk 103.84 billion, will be the first under-river tunnel...

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80pc work on Ghorashal-Polash Urea Fertilizer Project complete

A total of 80 percent construction work of the Ghorashal-Polash Urea Fertilizer Project (GPUFP) has been completed, reports BSS.The information was disclosed in a meeting between Industries Minister Nurul Majid Mahmud Humayun and the representatives of GPUFP construction Company Mitsubishi Heavy Industries (MHI) Group of Japan and China consortium (CC-7)...

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EU plans to ban products made with forced labour

BRUSSELS, Sep 16 (AP): The European Union unveiled plans Wednesday to ban products made with forced labour, in an effort to crack down on a modern-day form of slavery that a UN agency estimated affects more than 27 million people worldwide.The European Commission, which proposes EU laws, said the policy...

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Adani briefly listed as world's second richest person

MUMBAI, Sept 16 (AFP): Indian industrialist Gautam Adani briefly became the world's second-richest person on the Forbes real-time billionaire tracker on Friday, weeks after becoming the first Asian to break into the top three.The self-made billionaire's net worth surged $4 billion overnight to $154 billion, according to Forbes, ranking him...

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Russia says pipeline to China will replace Nord Stream 2

SAMARKAND, Uzbekistan, Sept 16 (AFP) : A Russian pipeline to China will replace the Nord Stream 2 gas link to Europe, abandoned amid the Ukraine conflict, Moscow's Energy Minister Alexander Novak said Thursday.Asked in an interview with Russian television channel Rossiya-1 if Russia would replace the European Nord Stream 2...

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IDRA, Sinosoft sign deal on ins industry digitalisation

Chinese Ambassador to Bangladesh Li Jiming has said insurance will play an increasingly important role in Bangladesh's social-economic development, reports UNB.Ambassador Li witnessed the contract signing between Sinosoft Co. Ltd and Bangladesh Insurance Development and Regulatory Authority on Thursday (September 15, 2022).Dr Mohammad Jainul Bari, Chairman of Bangladesh Insurance Development...

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US industrial output dips in Aug on power woes

WASHINGTON, Sept 16, (AFP) : A drop in electric power generation and a modest uptick in manufacturing led to a small decline in overall US industrial production in August, the Federal Reserve said Thursday.Total output slipped 0.2 percent, worse than economists expected, on the 2.3 percent drop in utilities, which...

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