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Bangladesh Anjumane Talamije Islamia brought out a procession on the eve of the holy Eid-e-Miladunnabi, marking the birth and

2022-10-09 00:00:00

Bangladesh Anjumane Talamije Islamia brought out a procession on the eve of the holy Eid-e-Miladunnabi, marking the birth and demise anniversary of Prophet Muhammad (SM) in Sylhet on Saturday — Focus Bangla

Prabarana Purnima today ----

2022-10-09 00:00:00

The Buddhists will celebrate their second largest religious festival Prabarana Purnima in the city as elsewhere across the country with due solemnity and traditional enthusiasm, reports BSS.The festival is also known as Ashwini Purnima that marks conclusion of the three-month-long...

300 'Schools of Future'

2022-10-09 00:00:00

State Minister for ICT Zunaid Ahmed Palak on Saturday said they will launch the Japanese education method 'Kumon' in 300 'Schools of Future' under the ICT division by next year and all Sheikh Russel Digital Labs by 2025 across the...

Covid single-day death zero, 299 get infected

2022-10-09 00:00:00

Bangladesh reported zero death from Covid-19 and 299 fresh cases in 24 hours till Saturday morning, reports UNB.The country's total fatalities remained unchanged at 29,380 with no deaths reported while the new cases raised the country's total caseload to 2,029,...

UN lauds BD peacekeepers' dutifulness

2022-10-09 00:00:00

The United Nations' Military Advisor General Birame Diop in a meeting with a Bangladesh delegation has highly appreciated the skills and dutifulness of Bangladeshi peacekeepers, reports UNB.The Military Advisor has expressed deep grief and condemnation over the death of three...

Three die of dengue in 24 hrs, 712 hospitalised

FE Report | 2022-10-09 00:00:00

Three people died of dengue fever in the past 24 hours until Saturday morning, when a record 712 patients were also hospitalised across the country. Considering the latest daily figures, total fatalities from the mosquito-borne disease reached 67 while the...

Depression prevalent among 76pc varsity students: Survey

2022-10-09 00:00:00

FE REPORTAt least 76 per cent of the university students in the country are suffering from some sort of depression due to study pressure, addiction to electronic devices, and post-pandemic stress, a survey revealed on Saturday.Such high rate of depression...

Google looks to raise its smartphone game with latest Pixel 7

2022-10-09 00:00:00

BROOKLYN, Oct 08 (AFP): Google is looking to up its smartphone game with the Pixel 7, the latest entrant in a competitive corner of personal electronics where it has traditionally been a bit player.The device was unveiled this week in...

Ambani 'setting up family office in Singapore'

2022-10-09 00:00:00

NEW DELHI, Oct 08 (UNB): India's billionaire businessman Mukesh Ambani is reportedly setting up a family office in Singapore, joining the rush of the world's ultra-rich opening such entities in the Asian city-state to manage their wealth.Ambani, the owner of...

India's top bikemaker Hero launches e-scooter to chase startups

2022-10-09 00:00:00

MUMBAI, Oct 08 (Reuters): India's Hero MotoCorp the world's biggest motorcycle maker by sales, launched its first electric scooter worldwide on Friday as it looks to catch up with newer businesses that have taken the lead in the shift to...

Import-export through Hili Land Port resumes

2022-10-09 00:00:00

RANGPUR, Oct 08 (BSS): Import and export activities resumed on Saturday through Hili Land Port (HLP) in Hakimpur upazila of Dinajpur after an eight-day vacation on the occasion of the Durga Puja.General Secretary of the Customs, Clearing and Forwarding Agents...

Gross insurance premium rises 28.8pc to $3.3b

2022-10-09 00:00:00

RIYADH, Oct 08 (Arab News): Total gross written premiums of the insurance sector increased 28.8 per cent to SR12.2 billion ($3.3 billion) in the second quarter from SR9.5 billion in the same period last year, reported Saudi Central Bank, also...

World facing ‘5th wave’ of debt crisis, says WB chief

2022-10-09 00:00:00

WASHINGTON, Oct 08 (AFP): The world is facing a "fifth wave of debt crisis," World Bank (WB) President David Malpass warned Friday, calling for more support for countries in distress.The pandemic forced many countries to take on more borrowing, and...

Climate-hit businesses pin hopes on BD’s new plan to adapt

2022-10-09 00:00:00

Khaleda Sultana's small workshop in Dhaka, where she makes homeware and handicrafts from jute and other plant fibres, is far from the coastal areas of Bangladesh that are struggling to cope with rising seas and powerful storms, reports The Thompson...

Brazil's MRV puts plan for US unit funding process on hold

2022-10-09 00:00:00

SAO PAULO, Oct 8 (Reuters): Shares in Brazilian homebuilder MRV fell on Friday after it announced that plans for a private equity funding process for its US unit Resia were put on hold due to unfavourable market conditions.MRV Engenharia e...

Cash crunch for British funds puts regulators under pensions lens

2022-10-09 00:00:00

LONDON, Oct 8 (Reuters): A scramble for cash by Britain's pension funds after last week's bond market crash has raised questions about oversight of a 1.6 trillion pound ($1.8 trillion) business that has grown rapidly in recent years.Pension funds had...

Chip stocks slide as AMD, Samsung expect steep fall in demand

2022-10-09 00:00:00

Dire forecasts from Samsung Electronics Co Ltd and Advanced Micro Devices Inc sent chip-related shares lower on Friday, sparking fears that a slump in demand for semiconductors could be much worse than expected, reports Reuters.AMD, Nvidia Corp, Intel Corp, Qualcomm...

Credit Suisse pays down debt to calm investors

2022-10-09 00:00:00

ZURICH, Oct 8 (Reuters): Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank to show its financial muscle and reassure investors concerned about the lender's overhaul and how...

Stay sidelined or scoop up stocks?

2022-10-09 00:00:00

NEW YORK, Oct 08 (Reuters): As a painful decline in markets drags on, investors are grappling with a difficult choice: stick with stocks and hope for a turnaround or avoid them until better times arrive.The S&P 500 is down 23...

News Briefs (2022-10-09)--

2022-10-09 00:00:00

Board meeting DESCO: The Dhaka Electric Supply Company Ltd. has informed that a meeting of its Board of Directors will be held on October 13 at 3:00pm to consider, among others, audited financial statements of the company for the year...

Morgan Stanley sees 12pc CAGR for private capital mkt

2022-10-09 00:00:00

Private capital market is set to grow at a 12 per cent annual rate on a compounded basis to $17 trillion in assets under management (AUM) over the next five years, Morgan Stanley analysts said on Friday, reports Reuters.As one...

159 complaints of investors addressed through CCAM in nine months

2022-10-09 00:00:00

FE ReportAs many as 159 complaints submitted online by investors have been addressed in the last nine months, according to the Bangladesh Securities and Exchange Commission (BSEC) data. The online Customer Complaints Address Module (CCAM) introduced by the securities regulator...

Uniform online platform for stock market entities from January

2022-10-09 00:00:00

FE REPORTAll entities of the stock market will come under a uniform online communication platform for reporting to the securities regulator on January 1, 2023.The Bangladesh Securities and Exchange Commission (BSEC) has issued an order to complete developing the platform...

Deal reached for civil aviation to try for net-zero emissions by 2050

2022-10-09 00:00:00

MONTREAL, Oct 8 (AFP): UN aviation agency members on Friday set the year 2050 as their goal for achieving net-zero carbon emissions for air travel-an industry often criticized for its outsized role in climate change.The assembly, which brought together representatives...

Pakistan contests Moody's ratings downgrade

2022-10-09 00:00:00

KARACHI, Oct 8 (Reuters): Pakistan said on Friday it "strongly contests" a ratings downgrade by agency Moody's, adding that it had adequate liquidity and financing arrangements to meet its external liabilities despite being hit by catastrophic floods.Moody's cut Pakistan's sovereign...

BizMaestros contest begins

2022-10-09 00:00:00

Unilever Bangladesh is launching the 13th edition of BizMaestros, one of the most awaited business case competitions among the country's top graduates, says a press release.To participate in the competition, final year students will have to register on the BizMaestros...

Call for incentives on initiatives for sustainable waste management

2022-10-09 00:00:00

FE REPORTEntrepreneurs have urged the government to provide incentives and tax rebate facilities on the private sector initiatives for innovative, sustainable and smart plastic waste management. They made the call at a seminar, titled 'Enabling Policy for Sustainable Plastic Waste...

FIFA won't sanction Indonesia over fatal crush: Widodo

2022-10-09 00:00:00

JAKARTA, Indonesia, Oct 08 (AP): Indonesia's president said the country will not face sanctions from soccer's world governing body after the firing of tear gas inside a half-locked stadium caused a crush at the exits, killing 131 people, including 17...

Tiafoe to face Fritz in final today

2022-10-09 00:00:00

TOKYO, Oct 08 (AFP): Frances Tiafoe battled past unseeded Kwon Soon-woo of South Korea on Saturday in three sets to reach the Japan Open final -- but admitted it was not pretty viewing.The fourth-seeded Tiafoe won 6-2, 0-6, 6-4 and...

Women's Asia Cup

2022-10-09 00:00:00

Bangladesh failed to bowl well and then fell far short of the target set for them by India in Saturday's Women's Asia Cup match.India beat Bangladesh by 59 runs and cemented their place at the top of the table. They...