Unable to open LCs, seven S Alam factories shut down
An inability to open letters of credit (LCs) since the political changeover on August 5 has resulted in the closure of at least seven enterprises owned by the S Alam Group, including its sugar and edible oil refineries and steel factory.
1w ago
BPC clears foreign dues in just two months
Bangladesh Petroleum Corporation has paid all its dues to foreign suppliers in just two months with the help of seven private banks.
2w ago
2 tankers catch fire during LPG transfer in Bay
Two tankers caught fire during ship-to-ship transfer of liquefied petroleum gas (LPG) at the anchorage off Kutubdia, Chattogram, early yesterday, in the third incident of vessels catching fire in two weeks.
1m ago
Gas crisis shutters four urea factories
Four out of five government-owned urea factories have stopped production due to an acute gas crisis, raising concerns over the availability of enough fertiliser during the ongoing Aman paddy cultivation season and the upcoming Boro paddy season.
2m ago
Tyre prices soar on rising costs for raw materials
Global hikes in tyre and tube-making raw materials rates and a factory rampage at local key manufacturer Gazi Tyres have caused a shortage and price hikes for the auto item used in lightweight two- and three-wheelers like motorbikes and auto-rickshaws.
2m ago
Onion turns Tk 5 cheaper here as India relaxes export rules
Prices of Indian onion are dropping in Bangladesh, as the neighbouring country on Friday withdrew the restriction of “minimum export price” at $550 per tonne and slashed export duty to 20 percent from 40 percent.
2m ago
Edible oil prices rise on global hike: traders
Loose and bottled soybean oil have become costlier in Bangladesh due to price hikes in the global market amid a supply shortage of the key cooking ingredient, according to traders.
2m ago
2 shell companies in Ctg drained Tk 2,343cr from Islami Bank
Islami Bank Bangladesh granted huge loans to various entities from its Chattogram branches. But there’s just one problem: thousands of crores were disbursed to firms that exist only on paper.
2m ago
June 24, 2023
Undersea oil pipeline to save Tk 800 crore a year
A 110km pipeline to transport crude oil and diesel from a deep-sea mooring, 16km off the Maheshkhali coast, to Eastern Refinery Ltd in Chattogram’s Patenga is all set to be commissioned tomorrow.
March 12, 2023
High Salinity: Neighbourhoods in Ctg can’t use supply water
The Chattogram Water Supply and Sewerage Authority is in trouble as tidal saline water has entered the Halda river, water of which Chattogram Wasa uses to supply the city.
March 10, 2023
Two vendors reluctant to supply fuel to BPC
Two of the six vendors of the Bangladesh Petroleum Corporation have expressed reservations about providing further fuel cargos, in a development that raises questions of whether the state agency would be able to ensure uninterrupted supply in the coming months.
September 21, 2022
Russian oil not refinable here
Russian crude oil cannot be refined in Bangladesh as the country’s lone refinery does not have the equipment to refine it.
September 20, 2022
Not possible to refine Russian crude oil at Eastern Refinery: Technical committee
The technical committee of the Eastern Refinery (ERL) has said that it is not possible to refine Russian crude oil at the Eastern Refinery.
August 23, 2022
BPC plans to import discounted Russian diesel, jet fuel
Bangladesh Petroleum Corporation (BPC) is considering buying discounted diesel and jet fuel from Russia as it seeks relief from the elevated prices in the global market.
July 30, 2022
Fun trip ends in tragedy
A picnic was organised to boost the morale of a batch of SSC and HSC students, but the smiling faces in the group photo taken yesterday morning will remain a poignant reminder that some of those lives were cruelly cut short mere hours later.
July 29, 2022
All that remains is a photograph
Ten out of 11 victims, who died as a train hit a microbus at a rail crossing in Mirsharai of Chattogram today (July 29), were teachers and students of a coaching centre at Hathazari upazila of Chattogram.
July 6, 2022
An Eid like no other Chattogram edition
Eid is a celebration for Muslims across the world, a celebration that brings people together. However, different countries have different customs and cultures of celebrations, and even within the same countries, the celebrations take different faces in different regions.
June 22, 2022
House of Honey
Pushing through the front door, visitors’ eyes would be greeted by a range of unfamiliar trees. A mangrove garden has been set up at the front -- with saplings collected from the Sundarbans.
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