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Fakhrul is spokesperson of Aug 21 killers: Hasan

2023-08-23 00:00:00

Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud on Tuesday said it is hard to believe that a party's (BNP) secretary general could tell so hideous, despicable and horrible lies over the August 21 gruesome...

Govt branding innocent people as militants, alleges Fakhrul

2023-08-23 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday alleged that the government is picking up innocent people and branding them as militants to get the attention of the Western world and India, reports UNB."You have seen a few days...

BNP killed 22,000 AL men during its regime: Quader

2023-08-23 00:00:00

Awami League General Secretary Obaidul Quader said on Tuesday that BNP killed about 22,000 AL leaders and activists during its regime from 2001-2006 when there was no room for democracy in the country, reports BSS."BNP secretary general Mirza Fakhrul Islam...

Profits, revenues sink at Australia mining giant BHP

2023-08-23 00:00:00

SYDNEY, Aug 22 (AFP): Australian mining giant BHP on Tuesday recorded a major slump in annual profits, which dropped almost 40 percent as inflation bites and commodity prices fall.The company's latest financial statements showed it banked an annual underlying profit...

Germany wants tighter foreign investment controls

2023-08-23 00:00:00

BERLIN, Aug 22 (Reuters): German Economy Minister Robert Habeck wants to tighten the process for reviewing foreign investments with a new law that would aim to enhance economic security, according to a ministry document seen by Reuters on Sunday.The effort...

India, ASEAN agree to review trade pact by 2025

2023-08-23 00:00:00

NEW DELHI, Aug 22 (Reuters): India and the Association of Southeast Asian Nations (ASEAN) have agreed to review their trade pact by 2025, the Indian government said on Monday, less than a month after India's trade minister called the agreement...

China's fiscal revenue slows as economy struggles

2023-08-23 00:00:00

BEIJING, Aug 22 (Reuters): China's fiscal revenue rose 11.5 per cent in the first seven months of 2023 from the same period a year earlier, but was slower than the 13.3 per cent rise posted for the first six months,...

India's Jio Financial continues slide, likely delaying index removal

2023-08-23 00:00:00

BENGALURU, Aug 22 (Reuters): Shares in India's Jio Financial Services (JFS) slid the maximum allowed 5 per cent for a second straight day on Tuesday, which will likely delay their exclusion from the country's benchmark indexes.JFS shares opened down 5...

Major Gulf markets were mixed on falling oil prices

2023-08-23 00:00:00

Major stock markets in the Gulf were mixed in early trade on Tuesday amid falling oil prices, with the Dubai index on course to snap three sessions of gains, reports Reuters.Prices of oil, a catalyst for the Gulf's financial markets,...

Global stocks extend comeback, US yields hit new peaks

2023-08-23 00:00:00

LONDON, Aug 22 (Reuters): Global stocks extended their comeback rally on Tuesday, while benchmark Treasury yields scaled 16-year highs on concerns that interest rates could stay higher for longer and the safe-haven dollar pulled back from recent 10-week highs.The MSCI...

Russian e-commerce firm Ozon loses latest appeal against Nasdaq delisting

2023-08-23 00:00:00

MOSCOW, Aug 22 (Reuters): Russian e-commerce firm Ozon said on Tuesday it had lost the latest appeal against the delisting of its American depositary shares (ADSs) from Nasdaq, dampening faint hopes that its securities could remain listed on the US...

Investor pressure group urges G20 to reform agri subsidies

2023-08-23 00:00:00

LONDON, Aug 22 (Reuters): A group of 32 investors managing $7.3 trillion in assets have urged the G20 group of wealthier countries to align agricultural subsidies with their climate and nature goals by the end of the decade, a statement...

MINISTER-MYONE GROUP OPENS SHOWROOM IN JASHORE

2023-08-23 00:00:00

Minister-MyOne Group, an electronics company, has opened a mega showroom at Ishaq Tower on MK Road in Jashore recently. All types of home appliance products, including fridge, AC and TV are available at the showroom.

UNION INSURANCE PAYS OUT CLAIM CHEQUE

2023-08-23 00:00:00

Chief Executive Officer of Union Insurance Co. Ltd. Talukder Md Zakaria Hossain hands over an insurance claim settlement cheque to Mayor of Joypurhat Municipality Md Habibur Rahman against a Motor Insurance Policy on Monday. Agrabad Branch In-charge & Chattogram Zonal...

TAKAFUL ISLAMI INSURANCE MARKS NAT'L MOURNING DAY

2023-08-23 00:00:00

Takaful Islami Insurance Limited organised a discussion and prayer session on the occasion of the National Mourning Day at Head Office of the company on Monday. Chief Executive Officer (C.C.) Abul Kalam Azad presided over the discussion while Member of...

Mercantile Bank donated agricultural machinery

2023-08-23 00:00:00

Mercantile Bank Limited donated agricultural machinery in Senbag, Noakhali, to help ensure the country's food security. At the Senbag Upazila Agriculture Office on Monday, ten power tillers were distributed among local farmers from the bank's special CSR fund. Morshed Alam,...

Southeast Bank Training Institute organised a day-long training programme

2023-08-23 00:00:00

Southeast Bank Training Institute organised a day-long training programme titled 'Product Knowledge of Retail Loans, Assessment Tools, and Marketing Techniques' on its premises on Monday. Nuruddin Md Sadeque Hossain, managing director of Southeast Bank Limited, inaugurated the programme.

Aamra Networks looks to issue rights shares for expansion

FE REPORT | 2023-08-23 00:00:00

Aamra Networks has planned to raise around Tk 930 million by issuing rights shares to cover expenses of BMRE (Balancing, Modernisation, Rehabilitation and Expansion) and to pay back loans.The board of directors has taken the decision to expand its paid-up...

DSE pushes for changes in ATB regulations to boost trading

FE REPORT | 2023-08-23 00:00:00

The Dhaka bourse is set to replace some regulations currently applied to the Alternative Trading Board (ATB) to build momentum in trading, deliver clear information about listed securities and remove existing ambiguities.It will send its proposal to the securities regulator...

DHAKA BANK MARKS NAT'L MOURNING DAY

2023-08-23 00:00:00

On the occasion of the National Mourning Day-2023, Managing Director & CEO of Dhaka Bank Limited Emranul Huq along with senior management team paid tribute to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his...

S&P downgrades multiple US banks on growing liquidity worries

2023-08-23 00:00:00

S&P Global followed Moody's in cutting its credit ratings and outlook on multiple US regional banks on Monday, saying higher funding costs and troubles in the commercial real estate sector will likely test the credit strength of lenders, reports Reuters.A...

AI unlikely to destroy most jobs, but clerical workers at risk: ILO

2023-08-23 00:00:00

GENEVA, Aug 22 (Reuters): Generative AI probably will not take over most people's jobs entirely but will instead automate a portion of their duties, freeing them up to do other tasks, a UN study said on Monday.It warned, however, that...

Trucks carrying Indian onions arrive at Hili Land Port

2023-08-23 00:00:00

Trucks carrying Indian onions arrive at Hili Land Port in Dinajpur. Consignments of a total of 1,791 tonnes of the spice item arrived at the port on Monday after the neighbouring country imposed a 40 per cent duty on onion...

RMG sector struggles to leverage shift in buyers' sourcing strategy

MONIRA MUNNI | 2023-08-23 00:00:00

Bangladesh cannot grab or take full advantage of foreign RMG buyers' changed sourcing strategy of placing orders in small quantities, as they (buyers) still prefer China for its flexibility and agility, industry people said. Due to the changes in consumers'...

Gold gains on dollar retreat

2023-08-23 00:00:00

Gold prices rose above $1,900 an ounce on Tuesday, helped by a slight pullback for the dollar and bond yields as investors await the Jackson Hole Symposium later in the week, reports Reuters.Spot gold was up 0.4 per cent at...

Oil steadies as China woes persist

2023-08-23 00:00:00

LONDON, Aug 22 (Reuters): Oil prices were little changed on Tuesday as investors remained focused on the likelihood of China's economic malaise hobbling demand from the world's top crude importer.Brent crude was down 26 cents at $84.20 a barrel by...

Global food security at crossroads as rice shortages hit the vulnerable

2023-08-23 00:00:00

Francis Ndege isn't sure if his customers in Africa's largest slum can afford to keep buying rice from him.Prices for rice grown in Kenya soared a while ago because of higher fertilizer prices and a years-long drought in the Horn...

IU students, teachers stage demo demanding probe into Nowrin's death

2023-08-23 00:00:00

ISLAMIC UNIVERSITY, Aug 22 (UNB): The students and teachers of Islamic University staged a demonstration on the campus in Kushtia on Tuesday demanding proper investigation into 'mysterious death' of the university's debating society president Nowrin Nusrat. A group of students...

Awareness to combat extremism stressed

2023-08-23 00:00:00

RAJSHAHI, Aug 22 (BSS): Generating awareness among the public in general, particularly guardians, parents, students and other youths, can be the crucial means of combating violent extremism.Engagement of community people side by side with infusing dynamism into the activities of...

ACC to hold public hearing in Madaripur today

FE REPORT | 2023-08-23 00:00:00

The Anti-Corruption Commission (ACC) is scheduled to conduct a public hearing in Madaripur today (Wednesday) to hold public servants accountable to service recipients.A public hearing is considered a social accountability tool aimed at curbing corruption within government offices.The ACC will...