- Bangladesh, Thailand sign MoU to jointly combat corruption
- CA seeks Thai elite’s support for ASEAN membership
- Veteran Bollywood actor Manoj Kumar dies
- Mild to moderate heat wave sweeps over many districts
- Hasina’s extradition, border, water issues featured in Dr Yunus-Modi first-ever talks
- Bangladesh set for relentless cricket calendar through early 2027
- Israel kills at least 112 Palestinians in past 24 hours
- Japan PM Ishiba says Trump tariffs 'national crisis'
- CA seeks humanitarian channel in Rakhine to stop further displacement
- Bangladesh to chair BIMSTEC for 2 years
- CA joins breakfast meeting on BIMSTEC sidelines
- Holding polls at earliest possible time top priority: CA
- Trump says TikTok deal ‘very close’ as US ban deadline nears
- Deadly fire on Gaza ambulances possible Israeli 'war crimes': UN official
- Zambia’s US-based players withdrawn from China tournament over travel rules
- Dhaka weather to stay consistent until noon
- White House releases AFTP report, signaling major shift in US trade policy
- South Korea's Constitutional Court ousts impeached President Yoon
- Dhaka's air 'unhealthy' today
- Turkiye condemns Israel as greatest threat to regional peace
Probe body formed over significant presence of soil in imported coal
The Power Division of the Ministry of Power, Energy and Mineral Resources has formed a three-member probe committee to investigate the significant presence of soil in a coal consignment imported for the Matarbari power plant in Coxs Bazar. Mohammad Sanaul Huq, joint secretary (development-1) of the...
What sort of deceit is this!
Whenever something is labeled as government-owned, it often gives the impression that it has no owner and no accountability. Perhaps this is why the saying Government property, tossed into the river has become so common. Irregularities, corruption, looting, and wastage in government work are...
Iraq plans to raise oil production capacity above 6 million bpd by 2029
Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraqs oil ministry as saying on Sunday. Oil ministry undersecretary Bassem Mohamed Khodeir told the agency that Iraq aims to achieve its target through oil exploration...
Trump reverses tariff hike on Canada, sparking market turmoil
President Donald Trump reversed his decision to double tariffs on steel and aluminum from Canada to 50% on Tuesday afternoon, just hours after announcing the increase, causing chaos in financial markets. The switch came after a Canadian official also backed off his own plans for a 25% surcharge...
China could end crude oil imports in 20 years, NPC deputy Liu Hanyuan predicts
China is on track to eliminate its reliance on imported crude oil within two decades as it ramps up renewable energy capacity and storage, according to National Peoples Congress (NPC) deputy Liu Hanyuan. Speaking in Beijing ahead of the annual two sessions plenary meeting, Liu, chairman of solar...
Mexico seeks new crude oil buyers in Asia, Europe after Trump's tariffs
Mexicos state oil company Pemex is in talks with potential buyers in Asia and Europe, including China, as it looks for alternative markets following US President Donald Trumps 25 per cent tariffs on Mexican crude, a senior government official said. Last year, 57 per cent of Pemexs 8,06,000...
Saudi oil giant Aramco reports decline in annual profit, cuts dividend
Saudi Arabias state oil giant, Aramco, has announced a decline in its net profit for 2024, reporting $106.2 billion, down from $121.3 billion in 2023, UNB reported, citing other agencies. The company also revealed a significant reduction in its dividend payouts for 2025, expecting total...
OPEC+ to proceed with planned April oil output hike
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows US President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices. The increase is the first since 2022 from OPEC+, which includes the Organization of the...
‘Soybean oil supply to return to normal within two days’
Commerce adviser Sk Bashir Uddin has said that the supply of soybean oil will return to normalcy in next two days. The adviser on Monday made the statement in media briefing after visiting Mohammadpur kitchen market in the capital. Industries adviser Adilur Rahman Khan was present during the...
NBR announces VAT exemptions for several essential goods
The National Board of Revenue (NBR) has introduced VAT exemptions on several essential products, including biscuits, salt, mustard oil, flour, LP gas, and more. These exemptions apply at different levels of the supply chainsome at the manufacturing stage and others at the merchant level. In a...
Overnight hair oiling: Miracle or mistake?
Overnight hair oiling is a common practice believed to nourish and strengthen hair, but is it truly beneficial? Expert insights on hair oiling Dr. Shilpa Vora, chief RD officer at Marico, India, explains that hair oiling creates a protective barrier, locks in moisture, and improves hair...
S. Korea's Yoon suggested martial law over drinks, new book claims
A new book by Han Dong-hoon, former leader of South Koreas ruling People Power Party (PPP), claims that ousted President Yoon Suk Yeol often discussed declaring martial law over drinks with colleagues. Hans memoir, The People First, reveals that Yoon would frequently rant about suspending civilian...
West should repair oil facility damaged by Ukraine – Putin
President Vladimir Putin has suggested that Western co-owners of the Caspian Pipeline Consortium (CPC) should cover repairs to the Kropotkinskaya oil pumping station in southern Russia, damaged by a Ukrainian drone strike on Monday. The facility is partially owned by US and EU companies, including...
Edible oil suppliers assure to end soybean oil crisis
The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association (BVORVMA), an organisation of edible oil suppliers, has assured that the soybean oil crisis in the market will end in a short time. The BVORVMA said in a statement on Sunday that considering the rising demand for...
US plans to cut Iran’s oil exports by over 90% in renewed pressure campaign
The United States has announced plans to slash Irans oil exports by more than 90 per cent as part of former President Donald Trumps renewed maximum pressure campaign, Treasury Secretary Scott Bessent stated on Friday. Speaking to Fox Business, Bessent said, We are committed to bringing the...
Edible oil market will be stable in 10 days: Commerce adviser
Commerce Adviser Sheikh Bashir Uddin has said that the edible oil market will be stable within seven to ten days. The shortage of soybean oil in the market will be resolved, he said while speaking at a programme at the Secretariat on Wednesday. He also assured that there is no scope of...
No shortage of edible oil during the upcoming Ramadan
The Bangladesh Trade and Tariff Commission has assured the public that there will be no shortage of edible oil during the upcoming Ramadan. Following a special meeting on Sunday, the Commission confirmed that oil supplies are sufficient and will remain stable throughout the month. DrMoinul...
NBR imposes 25% regulatory duty on rice bran oil exports
The National Board of Revenue (NBR) has introduced a 25% regulatory duty on the export of both crude and refined rice bran oil to boost domestic supply and stabilize prices. The new tax measure, announced in a notification on Sunday, aims to discourage exports of rice bran oil, reports BSS. This...
NASA to launch 'vacuum cleaner' tool for moon soil collection
NASA is changing lunar exploration with a new tool. The Lunar PlanetVac (LPV) will make it easier to collect soil during Artemis Moon missions. This advanced vacuum technology will allow for quicker and more efficient sample analysis for future space explorations. The Lunar PlanetVac is a...
Hunt on to capture oil tanker pirates: Police
Law enforcers have launched a hunt for the pirates who seized an oil tanker and looted 350 metric tonnes of furnace oil, authorities said on Sunday, three days after the incident, reports UNB. The tanker was carrying over 360 metric tonnes of furnace oil when it was attacked on Friday in...
Russia to continue oil and gas projects despite US sanctions
Russia would continue with large oil and gas projects, said Russias Foreign Ministry on Saturday, as reported by Reuters. Foreign ministry claimed new U.S. sanctions against Moscows energy sector as an attempt to harm Russias economy at the risk of destabilising global markets. A statement...
US, UK impose sweeping sanctions on Russia's oil industry
The United States and the United Kingdom imposed further sanctions on Russias energy sector on Friday in an attempt to curb funding for Moscows full-scale invasion of Ukraine. The US Treasury Department said it was designating two of Russias largest oil companies, Gazprom Neft and...
US reaffirms support for democracy amid escalating political turmoil in South Korea
Amid escalating political turmoil in South Korea, Foreign Minister Cho Tae-yul reassured on Monday both domestic and international audiences of the countrys resilience in addressing its ongoing crisis. We are closely monitoring the situation and are committed to resolving the issues peacefully and...
Trump criticizes UK’s ‘major mistake’ on North Sea energy policy
U.S. President-elect Donald Trump criticized the U.K.s windfall tax on oil and gas producers in a social media post on Friday, joining other members of his incoming administration in voicing concerns over Prime Minister Keir Starmers agenda. The UK is making a very big mistake. Open Up the North...