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Govt to build 3600MW power plant at Payra By Staff Correspondent | Last Updated: 9th September, 2018, 00:00

The government is going to build a 3,600-megawatt power plant at Payra in Patuakhali, the largest in the country and first to be run by imported liquefied natural gas or LNG. The LNG-based mega power…

Govt to build 3600MW 
power plant at Payra

2,135 dev projects undertaken in 
last 10 yrs 2,135 dev projects undertaken in last 10 yrs

The government has undertaken about 2,135 development projects, including some large infrastructure…


Policymakers for adjustment of fuel tariffs Policymakers for adjustment of fuel tariffs

Experts and policy makers at a seminar on Saturday urged the government to adjust the prices of petroleum…


BIMSTEC hopes to finalise
agreements on trade, 
customs by 2019 BIMSTEC hopes to finalise agreements on trade, customs by 2019

NEW DELHI: The seven-nation regional bloc Bay of Bengal Initiative for Multi-Sectoral (BIMSTEC) will…


Bangladesh seeks Nigerian investment Bangladesh seeks Nigerian investment

Bangladesh High Commissioner to Nigeria Md Shameem Ahsan urged Nigerian investors to invest in Bangladesh…


Mercantile Bank,

Gulshan North

Club ink deal Mercantile Bank, Gulshan North Club ink deal

Mercantile Bank Limited and Gulshan North Club signed an agreement on Gulshan club premises in the capital…


Call for introducing

creativity in market communication Call for introducing creativity in market communication

Speakers urged the professionals working in communication sector to introduce ‘creativity’…


Four Points By Sheraton

Dhaka brings

‘Street Food Market’ Four Points By Sheraton Dhaka brings ‘Street Food Market’

Four Points by Sheraton Dhaka opened a food festival titled ‘Street Food Market’ for food…


News of the day News of the day

The World Bank and Tanzania on Friday signed two financing agreements for the implementation of the…


China’s trade surplus with 
US hit new record in Aug China’s trade surplus with US hit new record in Aug

BEIJING: China’s trade surplus with the United States ballooned to a new record $31 billion in…


Philippine business confidence 
on economy weakens for Q3 Philippine business confidence on economy weakens for Q3

MANILA: The Philippine central bank said on Thursday that business outlook on the Philippine economy…


Asian markets mostly down 
on China tariff fears
Asian markets mostly down on China tariff fears

HONG KONG: Most Asian equities sank on Friday as investors fret that the US will ramp up its trade war…


Italy could clash with EU over 
rules limiting debt in 2019 Italy could clash with EU over rules limiting debt in 2019

ROME: The European Union (EU) is upping the pressure on Italy to make next year’s budget deliver…


Mexico’s inflation rate hits 4.9pc Mexico’s inflation rate hits 4.9pc

MEXICO CITY: Mexico’s year-on-year inflation increased to 4.9 percent in August, its highest level…


Eurozone Q2

GDP growth confirmed

at 0.4pc Eurozone Q2 GDP growth confirmed at 0.4pc

BRUSSELS: The eurozone economy growth was confirmed at 0.4 percent in the second quarter, compared with…


Malaysia’s IPI

rises 2.6pc

in July Malaysia’s IPI rises 2.6pc in July

KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) rose 2.6 percent year-on-year in July,…


China’s exports,

imports slow

sharply in August China’s exports, imports slow sharply in August

BEIJING: China’s exports and imports rose at a sharply slower pace in August, but its global trade…


News of the day News of the day

Strong cash flows to Vietnam’s stock market this week, especially on Friday helped VN-Index surge,…


Trump turns up heat in trade conflict with China Trump turns up heat in trade conflict with China

WASHINGTON: President Donald Trump threatened Friday to slap tariffs on all of the Chinese goods imported…


India to pay $9.5bn 
extra to repay debt 
due to weak rupee India to pay $9.5bn extra to repay debt due to weak rupee

NEW DELHI: Oil isn’t the only headache for India as the rupee slides. Add external debt to the…


Oil prices steady as equity markets weigh Oil prices steady as equity markets weigh

NEW YORK: Oil prices were steady on Friday, with US crude slipping on weak global equity markets while…


China’s fixed-asset 
investment grows 
fast since 1978 China’s fixed-asset investment grows fast since 1978

BEIJING: China’s fixed-asset investment has maintained rapid growth since the country began to…


German industrial 
production stumbles German industrial production stumbles

FRANKFURT AM MAIN: Industrial production in Germany slipped in July, official data showed Friday, following…


IMF urges Turkey

to pursue ‘sound’

economic policies IMF urges Turkey to pursue ‘sound’ economic policies

WASHINGTON: The International Monetary Fund on Thursday urged Turkish authorities faced with a falling…


Trump focused

on trade deficit

with Japan Trump focused on trade deficit with Japan

WASHINGTON: President Donald Trump remains focused on reducing the US trade deficits with key economic…


Trump focused

on trade deficit

with Japan Trump focused on trade deficit with Japan

WASHINGTON: President Donald Trump remains focused on reducing the US trade deficits with key economic…


Chinese yuan

strengthens

against dollar Chinese yuan strengthens against dollar

BEIJING: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 basis…


EU clears Apple plan to buy music

app Shazam EU clears Apple plan to buy music app Shazam

BRUSSELS: The EU on Thursday approved US tech giant Apple’s plan to buy leading song-recognition…


S'pore, Indonesia

set to conclude

investment treaty S'pore, Indonesia set to conclude investment treaty

SINGAPORE: Singapore and Indonesia agreed here Friday to conclude ongoing negotiations of the Singapore-Indonesia…


Amaron motorbike

battery hits Bangladesh mkt Amaron motorbike battery hits Bangladesh mkt

Amara Raja Batteries Ltd (ARBL), manufacturer of Amaron Automotive batteries and India’s lead-acid…


Ukraine seeks

fresh IMF loan to salvage economy Ukraine seeks fresh IMF loan to salvage economy

KIEV: Ukraine’s Prime Minister Volodymyr Groysman on Thursday held talks with an International…


Int’l expo on shipbuilding held in Ctg Int’l expo on shipbuilding held in Ctg

An international exhibition on shipbuilding, ship repairs, shipping, maritime engineering, offshore…


Tokyo stocks close lower Tokyo stocks close lower

TOKYO: Tokyo stocks closed lower Friday on fresh trade concerns after President Donald Trump suggested…


Macao bank deposits grows to $131bn in July Macao bank deposits grows to $131bn in July

MACAO: The total deposits in Macao’s banking sector grew 1.3 percent in July from a month earlier…


Al-Arafah Islami

Bank opens

branch at Pirojpur Al-Arafah Islami Bank opens branch at Pirojpur

Al-Arafah Islami Bank Limited opened its 159th branch in Pirojpur on Thursday. Director of the bank…


MTB gets ADB

gender champion

award MTB gets ADB gender champion award

Mutual Trust Bank Limited (MTB) has recently been awarded the ADB Gender Champion Award as part of Asian…


Rupee edges

higher by 4 paise against US dollar Rupee edges higher by 4 paise against US dollar

MUMBAI: The rupee Friday opened on a positive note and was trading marginally higher by 4 paise at 71.95…


Taka down against pound, euro Taka down against pound, euro

The local currency Taka went down against the UK pound and the Euro and it remained unchanged against…


Commodity at a glance Commodity at a glance

Prices of most essential commodities remained steady in the city’s kitchen markets on Saturday.…


Corporate Corner Corporate Corner

In this file photo taken recently, men work on a construction site in Washington, DC. Hiring surged…

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