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Pricey newsprint hits publishing industry hard

SYFUL ISLAM AND SAIF UDDIN | 2022-10-08 00:00:00

Sharp price rises of newsprint of both local make and imports have put Bangladesh's publishing industry and other consumers in a quandary, as one of fallouts from the current global turmoil.Prices of all kinds of newsprint papers have made a...

Country destined to endure persistent power shortages

FE REPORT | 2022-10-08 00:00:00

Bangladesh is destined to experience persistent power-generation shortages as dwindling domestic natural gas production subjects the country to costly fuel import over the years ahead, says London-based Fitch Solutions."With the ongoing elevated natural gas prices and global gas-supply strain, Bangladesh's...

Weather (2022-10-08)

2022-10-08 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind and lightning flashes is likely to occur at a few places over Rangpur, Mymensingh and Sylhet divisions until 6:00pm today (Saturday), according to Met office.The country's maximum temperature on Friday...

People of several areas

2022-10-08 00:00:00

People of several areas under the Dhaka North City Corporation stand in queues to enumerate as voters at Bhashantek Government Primary School in Mirpur. Fifteen to seventeen-year-old people and those born before or on January 1, 2007 are giving their...

Teen 'abducted' in Teknaf, farmer shot while escaping captors

2022-10-08 00:00:00

A group of armed Rohingya have allegedly kidnapped a teenage boy for ransom in Cox's Bazar's Teknaf and gunned down a farmer when he tried to escape the captors, according to locals, reports bdnews24.com.The incident occurred around 10:00 am on...

Hit by digitisation, artists demand govt incentives

2022-10-08 00:00:00

Commercial artists affected by digitisation have sought government assistance such as incentives and trainings to help them work through difficult period in Bangladesh as digitisation has had a profound impact on the art market across the world, reports UNB. Leaders...

DB raids bar at Uttara, arrests 35 with foreign liquor

FE REPORT | 2022-10-08 00:00:00

Detective Branch (DB) of Police has arrested 35 persons after raiding an illegal bar in the city's Uttara.A team of DB police carried out the raid on Kingfisher Restaurant at Sector 13 on Khaza Gareb- e- Newaz road at Uttara...

Human trafficking racket ringleader, cohort held

FE REPORT | 2022-10-08 00:00:00

Rapid Action Battalion (RAB) has arrested two persons including the ringleader of a human trafficking racket. The arrestees were identified as Mahbub Ul Hasan (50), the ringleader, and his accomplice Mahmud Karim (36).Commander of RAB-3 Lieutenant Colonel Arif Mohiuddin Ahmed...

DU 53rd convocation on Nov 19

DU CORRESPONDENT | 2022-10-08 00:00:00

The 53rd convocation of Dhaka University (DU) will be held on November 19 at the university's central playground on the campus.The convocation will also be held at two separate venues on Dhaka College campus and Eden Mohila College campus at...

Experts call for easing process of getting GCF

FE REPORT | 2022-10-08 00:00:00

Stakeholders and experts at a workshop called for easing the process of receiving funds from the Green Climate Fund (GCF), a mechanism created by the United Nations, for helping the victim countries to tackle climate change.Bangladesh is yet to play...

First death anniv of FE ex-ED MA Momen today

FE REPORT | 2022-10-08 00:00:00

The first death anniversary of former executive director at The Financial Express MA Momen will be observed today (Saturday, October 8).He died of old-age complications in Dhaka last year at the age of 81.He had been suffering from various diseases...

Sheikh Rehana

2022-10-08 00:00:00

Sheikh Rehana, daughter of Bangabandhu Sheikh Mujibur Rahman and younger sister of Prime Minister Sheikh Hasina, pays toll at Mawa point of Padma Bridge on her way to Tungipara of Gopalganj on Friday — PID

No end to city’s traffic chaos

2022-10-08 00:00:00

Banker Sarwar Hossain becomes very tense five days a week before starting for his office in Motijheel from his home in Uttara."Sometimes it seems to me that I am just wasting my life. How can I do my job efficiently...

Jabbar urges new generation to help build developed Bangladesh

2022-10-08 00:00:00

Posts and Telecommunications Minister Mustafa Jabbar on Friday urged the new generation to come forward for establishing a developed Bangladesh by 2041, reports BSS."I urge the pro-liberation forces including freedom fighters, their children as well as the new generation to...

BCL activists attack BSRC rally at DU

DU CORRESPONDENT | 2022-10-08 00:00:00

A group of activists of Bangladesh Chhatra League (BCL) on Friday allegedly attacked members of Bangladesh Students Right Council (BSRC), also known as former quota reformist platform, on the Dhaka University (DU) campus, leaving 12 of them injured.Sources said the...

Quader dubs BNP as an anti-liberation force

2022-10-08 00:00:00

Dubbed BNP as a communal evil force, Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Friday said BNP itself is a communal entity making the party a common platform for anti-liberation forces, reports BSS. "BNP...

Three arrested with fire arms, ammo in Rajshahi

2022-10-08 00:00:00

RAJSHAHI, Oct 07 (UNB): Rapid Action Battalion (RAB) claimed to have arrested three people and recovered four foreign revolvers, three foreign pistols and a huge amount of ammunitions from Kapashia Pahara area in Rajshahi city on Friday.The arrestees are identified...

No talks with AL, they must leave: Fakhrul

2022-10-08 00:00:00

BNP on Friday alleged that Awami League wants to score goals in an empty field in the upcoming election without the participation of the opposition parties, reports UNB."She (Sheikh Hasina) does not want the opposition parties to join the election....

President, PM pay homage to Bangabandhu in Tungipara

2022-10-08 00:00:00

TUNGIPARA, Gopalganj, Oct 07(BSS): President M Abdul Hamid reached Tungipara via Padma Bridge and performed Ziarat at the mazar of Father of the Nation Bangabandhu Sheikh Mujibur Rahman here this afternoon.On his arrival at Tungipara, Prime Minister Sheikh Hasina and...

News Briefs (2022-10-08)

2022-10-08 00:00:00

Blockchain hit by $570m crypto hackLONDON: A blockchain linked to Binance, the world's largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson said on Friday, the latest in a series of hacks to hit the...

GP, Meta join hands to empower SMEs

2022-10-08 00:00:00

Grameenphone, connectivity partner to Digital Bangladesh, is collaborating with Meta, formerly known as the Facebook company, to organise "Boost Up", an online business Bootcamp for small and medium-sized enterprises. This interactive training session will help educate SMEs on innovative ways...

Global outflows continue from bonds

2022-10-08 00:00:00

Global bond and equity funds witnessed money withdrawals for a seventh straight week in the week ended October 5 as the prospects of higher oil prices and continued interest rate hikes by the Federal Reserve weighed on sentiment, reports Reuters.Investors...

US banks' Q3 profits set to shrink on economic risks

2022-10-08 00:00:00

NEW YORK, Oct 07 (Reuters): The biggest US banks are expected to report weaker third-quarter profits as the economy slowed and volatile markets put the brakes on dealmaking.Four of the nation's largest lenders-JPMorgan Chase & Co, Wells Fargo, Citigroup Inc...

Ten firms account for 40pc of weekly turnover on DSE

FE REPORT | 2022-10-08 00:00:00

Ten most-traded firms grabbed 40 per cent of transactions on the premier bourse in the outgoing week, with Orion Pharma making its way to the top of the turnover chart for a third consecutive week.The Dhaka Stock Exchange (DSE) posted...

Microchip designer Sondrel to list on London's AIM market

2022-10-08 00:00:00

Berkshire-based semiconductor company Sondrel has announced it plans to list on the London Stock Exchange's AIM market, bucking the trend of foreign acquisitions of chip companies, reports uktechnews.com.Sondrel, which designs microchips used by companies such as Tesla, Mercedes, and Apple,...

SIBL OPENS BRANCH IN UKHIYA:

2022-10-08 00:00:00

 Social Islami Bank Limited (SIBL) opened its 175th branch at Court Bazar, Ukhiya, Cox's Bazar, recently. Dr Md Mahbub Ul Alam, Chairman of SIBL, inaugurated the branch as the chief guest while Zafar Alam, Managing Director and CEO of the...

Stocks notch modest gains

FE REPORT | 2022-10-08 00:00:00

The stock market drifted sideways in the week to Thursday, as it notched modest gains, paring all the losses made in the previous week, with major sectors showing mixed performance.Of the four trading days this week, three sessions closed higher...

IMF further downgrades projections for world economy in 2023

2022-10-08 00:00:00

Washington, Oct 7, (AP) : Two principal economists painted very different pictures Thursday of what the global economy will look like in the coming years.Kristalina Georgieva, managing director of the International Monetary Fund, told an audience at Georgetown University on...

Visitors at the five-day long 17th National Furniture Fair 2022

2022-10-08 00:00:00

Visitors at the five-day long 17th National Furniture Fair 2022 at International Convention City Bashundhara (ICCB) in Dhaka on Friday. Bangladesh Furniture Industry Owners Association is organising the fair

US national debt surpasses $31 trillion: Treasury report

2022-10-08 00:00:00

WASHINGTON, Oct 7 (AP): The nation's gross national debt has surpassed $31 trillion, according to a U.S. Treasury report released Tuesday that logs America's daily finances.Edging closer to the statutory ceiling of roughly $31.4 trillion - an artificial cap Congress...