PPC to decide LNG terminal project’s fate: Petrobangla
The fate of the longstanding LNG terminal project is likely to be decided at a meeting of the Project Processing Committee (PPC) on Monday, said Petrobangla chairman Dr Hussain Monsur.
The Petrobangla chairman said that they received a term-sheet of US-based consortium of Astra Oil and Excelerate Energy last month about the project.
After the scrutiny, he said, it was put forward to the Energy Ministry to place it at the PPC meeting.
The PPC is an inter-ministerial body formed comprising representatives from different ministries, including the Ministry of Finance, Ministry of Law and also the Bangladesh Bank.
Russia, Ukrainian leaders meet in France
Ukraine’s president elect and Russian President Vladimir Putin met yesterday on the sidelines of D-Day commemorations in a 15-minute conversation which touched on key issues.
In their eagerly anticipated contact, Putin and Ukrainian President-elect Petro Poroshenko discussed how Russia could recognize the Ukrainian elections, and a possible cease-fire, an official at President Francois Hollande’s office who spoke anonymously because he was not authorized to sp...
Strike at CNG refueling pumps postponed till August 24
CNG refueling station owners have postponed their nonstop countrywide strike till August 24 in response to a government request. The strike was scheduled to begin at 6 am on Sunday.
President of Bangladesh CNG Filling Station and Conversion Workshop Owners’ Association Zakir Hossain Nayan on Saturday said they have postponed the strike responding to a request of State Minister for Power and Energy Nasrul Hamid Bipu.
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Tk 67,552 crore deficit main challenge for budget implementation: CCCI
Chittagong Chamber of Commerce and Industry (CCCI) Mahbubul Alam on Friday observed that the main challenge for the implementation of the budget proposed for the fiscal 2014-15 will be to cope up with the projected deficit of Tk 67,552 crore.
The observation came through a press release issued following the placement of the Tk 2,50,506 crore budget by Finance Minister AMA Muhith on Thursday.
He, however, said that the budget’s priority on human resources development, agriculture, power and energy and communication sectors will play significant ...
The observation came through a press release issued following the placement of the Tk 2,50,506 crore budget by Finance Minister AMA Muhith on Thursday.
He, however, said that the budget’s priority on human resources development, agriculture, power and energy and communication sectors will play significant ...
Money-whitening scope to go
Finance Minister AMA Muhith on Friday said the upcoming budget will not offer any opportunity to legalise black money, although he mentioned nothing about the controversial provision in his budget speech.
Speaking at a post-budget press conference in the capital’s Osmani Memorial Auditorium, the minister said the government had offered the opportunity to legalise black money for investing in stock market and housing sector.
“Tk 34 crore has been whitened in the last budget. From that point of view, there is no black money in the country,” ...
Speaking at a post-budget press conference in the capital’s Osmani Memorial Auditorium, the minister said the government had offered the opportunity to legalise black money for investing in stock market and housing sector.
“Tk 34 crore has been whitened in the last budget. From that point of view, there is no black money in the country,” ...
Mahbubul Alam passes away
Mahbubul Alam, a former editor of The Independent, passed away at a hospital in Dhaka today (Friday June 06). He was 78.
Also a former adviser to the caretaker government, Alam, who started his journalism career with Associated Press of Pakistan in 1957, breathed his last at 9:25am at BIRDEM hospital, where he was admitted on Tuesday after his condition deteriorated.
Doctors said he was suffering from a host of old age complications.
Born in 1936 in Munsiganj, Alam went on retirement on October 19 last year after serving The...
Born in 1936 in Munsiganj, Alam went on retirement on October 19 last year after serving The...
