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Thailand posts lower than expected Q2 growth

2023-08-22 00:00:00

BANGKOK, Aug 21 (AFP): Thailand registered lower than expected economic growth of 1.8 per cent in the second quarter, official data released Monday showed.Officials blamed a slowdown in exports, which fell 5.7 per cent year-on-year, for the weak pace.The Office...

Chinese smartphone brand Honor to relaunch in India

2023-08-22 00:00:00

BENGALURU, Aug 21 (Reuters): Chinese smartphone brand Honor will relaunch in India through a licencing deal with a local company and is aiming to start domestic manufacturing by early next year, its country head told Reuters.Honor had stopped selling its...

Goldman Sachs weighs sale for part of wealth business

2023-08-22 00:00:00

NEW YORK, Aug 21 (Reuters): Goldman Sachs is weighing the sale of a part of its wealth business catering to high net worth clients, it said on Monday, as it shifts its focus back to serving the ultra-rich.The Wall Street...

As Indonesia pushes EV dream, car shoppers stay cautious

2023-08-22 00:00:00

TANGERANG, Indonesia, Aug 21 (Reuters): Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia's largest auto market, but buyers are not sold yet.The price premium on...

Dollar retreats from 2-month high

2023-08-22 00:00:00

LONDON, Aug 21 (Reuters): The dollar fell from a two-month high on Monday following five straight weeks of gains, as risk sentiment improved in Europe, with attention already turning to the Federal Reserve's Jackson Hole symposium which kicks off on...

Malaysia may sue Goldman over 1MDB scandal

2023-08-22 00:00:00

KUALA LUMPUR, Aug 21 (Reuters): Malaysia may pursue lawsuits against Goldman Sachs over the US investment bank's role in the multi-billion dollar corruption scandal at state fund 1MDB, Prime Minister Anwar Ibrahim said in an interview with CNBC.Goldman settled with...

PUBALI BANK TRAINING COURSE-

2023-08-22 00:00:00

A training course on 'Foundation Training for Junior Officer & Junior Officer (Cash)' was held recently under the auspices of Pubali Bank Training Institute. Mohammad Ali, Managing Director and CEO of Pubali Bank, was present as the chief guest at...

TRAINING FOR SME ENTREPRENEURS

2023-08-22 00:00:00

Bank Asia Limited in association with Bangladesh Bank has organised a certificate awarding ceremony of a month-long training programme for 26 SME entrepreneurs in Cox's Bazar recently. The certificates were handed over to the participants at the closing ceremony. Some...

DHAKA BANK PROVIDES AGRI INPUTS FOR FARMERS

2023-08-22 00:00:00

Dhaka Bank Limited distributed improved seeds, fertilisers and pesticides among 500 marginal farmers in Shailkupa upazila of Jhenaidah district recently as part of Corporate Social Responsibility (CSR) programme. Razia Akhter Chowdhury, UNO of Shailkupa upazila, was present as the chief...

FBCCI, IOFS to work together for global halal market expansion

FE REPORT | 2023-08-22 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Islamic Organisation for Food Security (IOFS) will work together for expansion of global halal market. As a part of the move, a memorandum of understanding (MoU) was signed between...

ISPs to keep records of users for one year

ISMAIL HOSSAIN | 2023-08-22 00:00:00

The telecom regulator has asked all the internet service providers (ISPs) to keep records of use history, system failure, SNMP traffic data and bandwidth utilisation of their individual users as live daily log for at least six months.The ISPs have...

BD to prepare nat'l transit policy

REZAUL KARIM | 2023-08-22 00:00:00

The government is set to prepare a national comprehensive transit policy, giving priority to protecting the country's interests and securing potential gains from regional connectivity, sources said.An inter-ministerial meeting on trade transit and connectivity is scheduled to be held at...

Tyson Foods plans to sell China poultry business

2023-08-22 00:00:00

HONG KONG/NEW YORK, Aug 21 (Reuters): US meat and processed food maker Tyson Foods plans to sell its China poultry business, three people with knowledge of the matter said, in the latest case of a multinational firm looking to divest...

Ethiopian Airlines to manufacture parts in venture with Boeing

2023-08-22 00:00:00

NAIROBI, Aug 21 (Reuters): Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing at an initial cost of $15 million, the government's investment agency said on Friday.The state-owned carrier, which is the biggest in Africa, has already...

Gold prices hover near 5-month low

2023-08-22 00:00:00

Gold prices held around five-month lows on Monday, pressured by higher bond yields as markets geared up for the Federal Reserve's Jackson Hole symposium for clues on where interest rates might settle, reports Reuters.Spot gold was largely flat at $1,888.60...

India faces record low August rains, threatening summer crops

2023-08-22 00:00:00

MUMBAI, Aug 21 (Reuters): India is heading for its driest August in more than a century, with scant rainfall likely to persist across large areas, partly because of the El Niño weather pattern, two weather department officials told Reuters last...

BADC TO IMPORT DAP FERTILISER FROM S ARABIA

2023-08-22 00:00:00

A bilateral agreement has been signed between Bangladesh Agricultural Development Corporation (BADC) and MA'ADEN, a Saudi state-owned mining company, aiming to import 600,000 tonnes of Di-ammonium Phosphate (DAP) fertiliser from Saudi Arabia. BADC Chairman Abdullah Sazzad and MA'ADEN Director Saud...

Oil creeps up on tighter supplies

2023-08-22 00:00:00

LONDON, Aug 21 (Reuters): Oil prices edged higher on Monday as tighter supply reflected in fewer exports from Saudi Arabia and Russia and high heating oil prices outweighed concern over global demand growth.Brent crude was up 52 cents to $85.32...

Mother, daughter die in Sylhet gas cylinder blast

2023-08-22 00:00:00

SYLHET, Aug 21 (UNB): A woman and her daughter were killed and four members of the same family injured in a fire that broke out following the blast of a gas cylinder at Jaflong in Gowainghat upazila of Sylhet district...

Four doctors in Khulna remain missing for 72 hours

2023-08-22 00:00:00

KHULNA, Aug 21 (UNB): Criminal Investigation Department (CID) is still silent about the missing four physicians, including three women doctors, in Khulna even though 72 hours have passed since their disappearance. Family members of the doctors held a press conference...

Cox's Bazar fishermen happy with abundant hilsa catch

OUR CORRESPONDENT | 2023-08-22 00:00:00

COX'S BAZAR, Aug 21: About 130,000 fishermen of Cox's Bazar in 6,000 trawlers are staying in the sea to catch hilsa. Fishermen and wholesalers are delighted in Cox's Bazar as a huge catch of hilsa has been netted over the...

Teesta devours 50 houses as its erosion worsens in Kurigram

2023-08-22 00:00:00

KURIGRAM, Aug 21 (UNB): Erosion by the Teesta River has taken a serious turn in Kurigram district with the recession of floodwater, displacing many families and devouring vast tracts of cropland.The river has been eroding its banks for the last...

News in Brief(2023-08-22)

2023-08-22 00:00:00

Niger call for three-year transition'unacceptable': West Africa blocLAGOS, Aug 21: A call by Niger's coup leaders for a three-year transition back to democracy is "unacceptable", a representative of the West Africa bloc ECOWAS has said. Niger's General Abdourahamane Tiani-who took...

Palestinian gunman kills Israeli woman

2023-08-22 00:00:00

JERUSALEM, Aug 21 (AP): A suspected Palestinian attacker killed an Israeli woman and seriously wounded a man in the south of the occupied West Bank on Monday, Israeli authorities said, as violence continued to flare in the restive territory shortly...

Hundreds of migrants killed by Saudi border guards: HRW

2023-08-22 00:00:00

LONDON, Aug 21 (BBC): Saudi border guards are accused of the mass killing of migrants along the Yemeni border in a new report by Human Rights Watch (HRW). The report says hundreds of people, many of them Ethiopians who cross...

Alliance includes military rivals

2023-08-22 00:00:00

BANGKOK, Aug 21 (Reuters): Thailand's Pheu Thai Party vowed on Monday to deliver on a raft of election promises and change the constitution, as it unveiled an 11-party alliance that includes some military-linked rivals that will try to form a...

Anti-corruption leader wins Guatemala polls

2023-08-22 00:00:00

GUATEMALA CITY, Aug 21 (BBC): An anti-corruption candidate has swept to a shock win in Guatemala's presidential election. Bernardo Arevalo's victory is seen as a repudiation of the political elite in the Central American nation, long the target of corruption...

Pak president denies approving laws giving military more power

2023-08-22 00:00:00

ISLAMABAD, Aug 21 (BBC/AP): Pakistan's President Arif Alvi denied approving two controversial bills which further enhance the military's powers. In a post on X (formerly known as Twitter) on Sunday, he said he returned the bills unsigned but his staff...

Road digging causing public suffering

2023-08-22 00:00:00

Indiscriminate road digging in Old Dhaka has continued to cause public suffering in Wari, Doyaganj, Mirhajirbag and their adjacent areas. The residents of these areas have been experiencing untold sufferings over the last couple of months for road cutting. The...

Prioritising renewable energy

2023-08-22 00:00:00

Bangladesh's energy crisis has been affecting millions of people since July, 2022. The problem has existed for too long and requires immediate government action to offer some relief to the public. Frequent load shedding interferes with people's daily lives. Most...