The government may allow US company Chevron to carry out exploration study in some onshore blocks to find out new natural gas prospects."We are considering Chevron's proposal positively. A positive decision is expected to come soon," said a senior Petrobangla official, adding that the company would not be provided with...
Read moreRAJSHAHI, Aug 18 (BSS) - State Minister for Foreign Affairs Shahriar Alam has said the Sonamasjid Land Port in Chapainawabganj will be transformed into a model one through upgrading it to international standard."Necessary works for transforming some of the country's land ports into model ones are progressing fast in the...
Read moreCHATTOGRAM, Aug 18 - The Department of Environment (DoE) today ordered shutdown of Asian Paper Mills for polluting water of Halda River, the country's largest fish spawning ground, by dumping waste in it.DoE director (Chattogram) Azadur Rahman Mallik issued the order after a hearing on the matter, report agencies. He...
Read moreBangladesh's commercial attaché in Iran Mohammad Sabour Hossein has said his country's private sector is seeking to boost cooperation with the Iranian counterpart, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.He made the remarks in a meeting with ICCIMA Deputy Head Mohammadreza Karbasi in Tehran...
Read moreThe Bangladesh Commerce Bank Limited (BCB) organised a discussion and doa (special prayers) as part of its programmes to observe the National Mourning Day and the 44th martyrdom anniversary of father of the mation Bangabandhu Sheikh Mujibur Rahman at the bank's head office in the city recently, says a statement.Chairman...
Read moreIndustries Secretary Md Abdul Halim has said the Central Effluent Treatment Plant (CETP) at Savar Tannery Industrial City is fully operational for purifying chemical waste, reports BSS."During the holy Eid-ul-Azha, tannery owners collect half of the rawhide for whole year. So the next two to three months, tanneries in the...
Read moreState Minister for Power, Energy and Mineral Resources Nasrul Hamid has said relentless efforts are underway to ensure safe and secured energy in the country alongside uninterrupted electricity at affordable price to all, reports BSS."The government led by Prime Minister Sheikh Hasina has always given priority to ensure energy security...
Read moreThe Bangladesh Export Processing Zones Authority (BEPZA) has observed the 44th National Mourning Day with due respect and solemnity.BEPZA Executive Chairman Major General S M Salahuddin Islam, along with high officials, placed wreaths at the mural of father of the nation Bangabandhu Sheikh Mujibur Rahman at the BEPZA Complex premises...
Read moreRANGPUR, Aug 18 (BSS): The construction of a Tk 294.9-million (Tk 29.49 crore) bridge over Kartoa River in the district is progressing fast.The 294-metre bridge at Jayontipur River Ghat point on Kartoa in Pirganj upazila of Rangpur will benefit over 0.4 million (four lakh) people of Pirganj and nearby Nababganj...
Read moreKUWAIT, Aug 18 (Reuters): The Kuwait Investment Authority (KIA) began increasing its exposure to bonds and cash two years ago to boost liquidity in its portfolio as the global economy showed signs of weakness, Kuwaiti newspaper Alqabas reported on Sunday, citing sources.The report provided rare insight on the strategy of...
Read moreMOSCOW, Aug 18 (AFP): New machines popping up in Russian shopping centres seem innocuous enough - users insert their passport and receive a small loan in a matter of minutes.But the devices, which dispense credit in Saint Petersburg malls at a sky-high annual rate of 365 per cent, are another...
Read moreDAR ES SALAAM, Aug 18 (Reuters): The US-China trade war and uncertainty over Brexit pose risks to Africa's economic prospects that are "increasing by the day," the head of the African Development Bank (AfDB) told Reuters.The trade dispute between the world's two largest economies has roiled global markets and unnerved...
Read moreNEW YORK, Aug 18 (AFP): Joseph Tsai, co-founder of Chinese e-commerce giant Alibaba, has made a deal to purchase full control of the NBA's Brooklyn Nets from Russian businessman Mikhail Prokhorov, the club announced Friday.The Nets said Prokhorov has made an agreement with the Taiwanese-Canadian businessman to sell the Barclays...
Read moreLONDON, Aug 18 (Reuters): Sainsbury's is not talking to internal candidates about succession plans to Chief Executive Officer Mike Coupe and he has the full support of company's shareholders and the board, a company spokesperson told Reuters late on Saturday.The company's response comes after the Telegraph newspaper reported earlier that...
Read moreA team of officials of Modhumoti Bank Limited, led by Fahmida Saeed Saki, Head of International Division, placing a wreath at the portrait of Bangabandhu Sheikh Mujibur Rahman at Dhanmondi Road-32, paying tribute to the Father of the Nation marking the National Mourning Day on Thursday
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