Summit’s LNG terminal unlikely to resume operations before September

Summit Group's LNG Terminal is unlikely to resume operation before September next. In a statement, it said that assuming favourable weather and sea conditions, Summit anticipates completing the repositioning and reconnection of the Disconnectable Turret Mooring (DTM) plug by the end of August 2024 and ship-to-ship transfer ready in September 2024. For

Default loans jumps 7.29pc in Sept qtr

The non-performing loans (NPLs) in the country’s banking sector rose by Tk 9,139 crore, 7.29 percent in three months to September 30 this year, banking sources said. The amount of NPL at the end of September 2022 stood at Tk 134,396 crore, which was Tk 125,257 at the end of

IGP to go on retirement on Sept 30

Inspector General of Police (IGP) Benazir Ahmed will go on retirement on September 30. A gazette notification in this regard was issued by the Home Ministry's Public Security Division on Thursday. Benazir will reach his retirement age at 59 on September 30, the gazette added. He will be on post-retirement leave (PRL) from

Petrol pump owners postpone strike until Sept 13

The country's petrol pump owners have postponed their token strike planned for August 31 until September 13. The leaders of Bangladesh Dealers, Distributors, Agents and Petrol Pump Owners Association made the announcement following meeting with Bangladesh Petroleum Corporation (BPC) on Monday. They said the petrol pump owners have deferred the strike at

Sundarbans set to reopen for tourists on Sept 1

After nearly three months of closure, the Forest Department will reopen the Sundarbans, the world's largest mangrove forest and a Unesco world heritage site, for tourists on September 1.  The Sundarbans will be opened for domestic and foreign tourists, side by side for fishermen and bawoaly, who earn forest resources through

PM to unveil Bangladesh-China friendship bridge Sept 4

Prime Minister Sheikh Hasina will inaugurate the eighth Bangladesh-China Friendship Bridge in Pirojpur district on September 4. Once open, the bridge will connect Pirojpur with southeastern districts of the country as well as mitigate the unemployment problem of the country by boosting the economy of the district. The Bangladesh-China Friendship Bridge over

OMS: Rice to be available at Tk 15 per kg from Sep 1

The government will start open market sale (OMS) of rice at Tk 15 per kg from September 1 for 4 crore people of 50 lakh families across the country, said Food Minister Sadhan Chandra Majumder on Sunday. "This programme will run simultaneously in district towns, municipalities and city areas under the