TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
The government yesterday approved a proposal to buy 33.60 lakh Metric Million British thermal units (Btus) of liquefied natural gas (LNG) for $35 per unit, which is cheaper than what it cost just a week ago thanks to a downward trend in global prices. As per the proposal approved by the cabinet committee on purchase, Petrobangla, a corporation of the energy and mineral resources division, will buy the LNG for a total of Tk 1,186.70 crore from Singapore based M/S Vitol Asia Pte Ltd. While addressing a press conference after the meeting, Zillur Rahman Chowdhury, additional secretary of the cabinet division, said the fuel cost more than $36.70 per MMBtu when the government approved a separate proposal to buy the same amount of LNG from Vitol Asia on March 23. The price was previously fixed at $29 per MMBtu just before Russia began its invasion of Ukraine, he added while hoping that LNG prices would return to such levels if the conflict ends soon. Bangladesh had given a loan of $250 million to the island nation through a currency swap last year.
Source: https://www.thedailystar.net/business/economy/news/govt-okays-lng-purchase-lower-cost-2994666
Prime Minister Sheikh Hasina has offered the Kingdom of Saudi Arabia land in the special economic zones as the oil-rich Middle-Eastern country has expressed its keenness to make investment in the Bangladesh’s renewable energy sector. The prime minister also extended support to Saudi Arabia in holding the Expo-2030 as the envoy sought Bangladesh’s support to their candidacy to this end.
Banks in Bangladesh will remain open from 9:30am to 4:00pm every working day during the month of Ramadan, which may begin on April 3 according to the Bangladesh Islamic Foundation. People will be allowed to conduct banking transactions from 9:30am to 2:30pm, as per a circular issued by Bangladesh Bank yesterday. The banking regulator said office and banking hours would return to their earlier timetable after Ramadan ends.
Source: https://www.thedailystar.net/business/economy/banks/news/banking-hours-cut-ramadan-2994656
With a view to making insurance-related information more accessible, MetLife Bangladesh has launched the country’s first dedicated, toll-free insurance query hotline titled ‘Hello Bima’. Available to anyone with a telephone or mobile connection, Hello Bima will serve as a dedicated contact centre for callers to ask questions about insurance and its benefits. Hello Bima hotline can be accessed by dialling toll-free number 08000016344 from 9:00am to 6:00pm, Sunday to Thursday.
Source: https://today.thefinancialexpress.com.bd/trade-market/hello-bima-launched-1648660414
| Index Name | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| DJIA | $ 35,228.81 | ↓ 65.38 | ↓ 0.19 % |
| FTSE100 | $ 7,578.75 | ↑ 41.50 | ↑ 0.55 % |
| Nikkei 225 | $ 27,879.91 | ↓ 147.34 | ↓ 0.53 % |
| Commodity | Close Value | Value Change | Percentage Change |
|---|---|---|---|
| Crude Oil (WTI) | $ 101.69 | ↓ 6.13 | ↓ 5.69 % |
| Crude Oil (Brent) | $ 108.30 | ↓ 5.15 | ↓ 4.54 % |
| Gold Spot | $ 1,924.71 | ↓ 8.16 | ↓ 0.42 % |
| Exchange Rates | |
|---|---|
| USD 1 | BDT 86.2000 |
| GBP 1 | BDT 112.8186 |
| EUR 1 | BDT 95.5872 |
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