The Bangladesh Securities and Exchange Commission will go harder on brokerage houses that have a deficit of their consolidated customers account in an effort to convey more self-discipline to the country’s inventory market. People are grappling with high inflation because of the recent injection of Tk 60,000 crore into the market by Sheikh Hasina’s authorities, Prof Muhammad Yunus, chief adviser to the interim government, said yesterday. National Bank, Islami Bank Bangladesh and Social Islami Bank have utilized to the Bangladesh Bank for its assure to avail a complete of Tk 6,800 crore in liquidity help via the inter-bank money market for a interval of three months.
The contract entails supplying 19 LNG cargoes, or as much as approximately 0.5 million tonnes of LNG every year over a interval of three years plus one quarter. The provide will come from Santos’ global portfolio of world-class LNG belongings on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher famous that the contract with Glencore extends their present robust business relationship and presents a priceless opportunity for both companies to leverage their experience in Asian LNG markets. “This oil-indexed contract, along with a long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, highlights Santos’ sturdy Business News LNG portfolio position and customer relationships within the region. There continues to be strong demand in Asia for prime heating worth LNG from initiatives such as Barossa and PNG LNG. Santos is dedicated to supporting the power security of our valued clients across Asia,” Mr Gallagher said. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a show celebrating the nation’s rich economic historical past and the 50th anniversary of Papua New Guinea’s forex.