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1st dose of Covid-19 jab won't be administered after Oct 3: Minister

2022-09-18 00:00:00

Almost 3.3 million (33 lakh) people are yet to get the first dose of Covid-19 vaccine, but the government has decided to stop administering the first dose by October 3, Health Minister Zahid Maleque said on Saturday, reports UNB."Nearly 3.3...

DNCC auctions off construction materials kept illegally on streets

FE Report | 2022-09-18 00:00:00

Dhaka North City Corporation (DNCC) on Saturday auctioned off construction materials for Tk 1.8 million as those were kept illegally on the streets causing suffering to the city dwellers. Dhaka North City Corporation mayor Atiqul Islam found construction materials kept...

Addl attorney general Munir Acting AG

2022-09-18 00:00:00

Senior Additional Attorney General SM Munir has been appointed as acting Attorney General till October 8, reports BSS.Attorney General's office sources said that incumbent Attorney General AM Amin Uddin will be visiting England from September 16 to October 8. At...

Fakhrul proves they are agents of Pakistan, says Hasan

2022-09-18 00:00:00

CHATTOGRAM, Sept 17 (BSS): Information and Broadcasting Minister Dr Hasan Mahmud said BNP Secretary General Mirza Fakhrul Islam Alamgir has proved that they are the agents of Pakistan."The day before yesterday he said that 'they were in good position during...

BNP is a communal party: Quader

2022-09-18 00:00:00

Awami League General Secretary Obaidul Quader on Saturday addressed the tri-annual council of Narsingdi District Awami League. virtually from his Dhaka residence as chief guest, reports UNB.In his address, Quader took the opportunity to bring up his BNP counterpart Mirza...

Country in deep political crisis: Dr Kamal

2022-09-18 00:00:00

FE REPORTGano Forum (GF) announced on Saturday a 101-member new committee with Dr Kamal Hossain as president and Dr Md Mizanur Rahman general secretary. GF's newly-selected general secretary Dr Md Mizanur Rahman read out the names of the new committee...

Govt divides state through politicisation, alleges BNP

2022-09-18 00:00:00

BNP Secretray General Mirza Fakhrul Islam Alamgir on Saturday alleged that the current government has divided the state system through politicisation, reports UNB."If you go to the court, you won't not get justice. If you go to law enforcers, you...

China's consumer, factory activity improves but still weak

2022-09-18 00:00:00

BEIJING, Sept 17 (AP): Chinese consumer spending and factory output edged up in August but still were weak, official data showed Friday, and forecasters warned the second-largest economy is vulnerable to repeated shutdowns of cities to fight virus outbreaks.Housing sales...

UK retail sales slump on cost-of-living crisis

2022-09-18 00:00:00

LONDON, Sept 17 (AFP) : British retail sales tumbled by far more than expected in August, data showed Friday, as shoppers tightened their belts in the face of a cost-of-living crisis, sparking fresh recession fears.Sales by volume dived 1.6 percent...

Rupali Bank Managing Director and CEO Mohammad Jahangir attended Business Conference-2022 for the

2022-09-18 00:00:00

Rupali Bank Managing Director and CEO Mohammad Jahangir attended Business Conference-2022 for the branches of the bank under the Chattogram Divisional office held at the port city on Saturday

Rupayan City Uttara's 31 5 condo apartments in 11 buildings of Rupayan Majestic Phase

2022-09-18 00:00:00

Rupayan City Uttara's 31 5 condo apartments in 11 buildings of Rupayan Majestic Phase were officially handed over to customers last Friday night. Rupayan Group Chairman Liaquat Ali Khan Mukul and Co-Chairman Mahir Ali Khan Ratul completed the handover ceremony...

Indonesia investigating Google over app store payment system

2022-09-18 00:00:00

JAKARTA, Sept 17, (AFP) - Indonesia has launched an anti-trust investigation into Google over the etch firm's insistence that its payment system be used for purchases from its app store, authorities said Thursday, accusing it of unfair business practices.The US...

Agrani Bank Limited's Rajshahi circle arranged a Meet the Borrower event and a View Exchange meeting with

2022-09-18 00:00:00

Agrani Bank Limited's Rajshahi circle arranged a Meet the Borrower event and a View Exchange meeting with its officials from Bogura, Sirajganj, Joypurhat and Naogaon in Bogura on Saturday. Managing Director and CEO of the bank Md Murshedul Kabir is...

Exporters seek cash incentive

FE REPORT | 2022-09-18 00:00:00

Domestic home appliance and kitchenware makers have sought cash incentive on the export of such items with an aim to help expand export earnings, sources said.Bangladesh Home Appliance and Kitchenware Manufacturers' Association has requested the commerce ministry to take steps...

Indian shares post weekly decline as tech, autos tumble

2022-09-18 00:00:00

BENGALURU, Sept 17 (Reuters): Indian shares dropped nearly 2 per cent on Friday to register a weekly decline, dragged by a sharp fall in technology and automobile stocks following a broader global selloff over recession worries.Forty-eight of the NSE Nifty...

Invesco raises $5.4b in China investments

2022-09-18 00:00:00

HONG KONG, Sept 17 (Reuters): US asset manager Invesco's Chinese joint venture withstood a volatile first half and attracted $5.4 billion from local investors, but the country's persistent zero-COVID policy poses risks to the economy, its Asia Pacific head said.China's...

Goldman Sachs defeats employee class action over retirement plan

2022-09-18 00:00:00

NEW YORK, Sept 17 (Reuters): Goldman Sachs Group Inc won the dismissal of a proposed class action by tens of thousands of employees over its alleged imprudent use of high-cost, underperforming in-house mutual funds as investment options in their retirement...

Citigroup submits multiyear plan to address Fed concerns

2022-09-18 00:00:00

NEW YORK, Sept 17 (Reuters): Citigroup has submitted a comprehensive multiyear plan to the Federal Reserve and the Office of the Comptroller of the Currency outlining steps to fix weaknesses in its risk management and internal controls, two sources familiar...

US SEC's crypto guidelines push up costs for lenders, disrupting projects

2022-09-18 00:00:00

WASHINGTON, Sept 17 (Reuters): Banks' cryptocurrency projects have been upended by US Securities and Exchange Commission (SEC) accounting guidance that would make it too capital-intensive for lenders to hold crypto tokens on behalf of clients, according to more than half...

News Briefs18-09-2022

2022-09-18 00:00:00

Board meetingDoreen Power Generations and Systems Limited: A meeting of the board of directors will be held on September 25, 2022 at 3:30 PM to consider, among others, audited financial statements of the company for the year ended June 30,...

Feroz Hossain new MD of Exim Bank

2022-09-18 00:00:00

Mohammad Feroz Hossain has been appointed the Managing Director and CEO of Exim Bank, with effect from September 16, says a statement.Prior to his new assignment, he was the Additional Managing Director of the same bank.Mr Hossain started off his...

Trust Bank Limited (TBL) and InterContinental Dhaka have

2022-09-18 00:00:00

TRUST BANK-INTERCONTINENTAL AGREEMENT: Trust Bank Limited (TBL) and InterContinental Dhaka have entered into an agreement recently. Ahsan Zaman Chowdhury, Deputy Managing Director and Chief Business Officer, TBL; and Ashwani Nayar, GM of InterContinental Dhaka; have signed two MoUs in the...

SYNDICATED TERM LOAN FACILITY: Sajida Foundation mandated Prime Bank Limited to arrange syndicated

2022-09-18 00:00:00

SYNDICATED TERM LOAN FACILITY: Sajida Foundation mandated Prime Bank Limited to arrange syndicated finance of Tk 5,000 million for onward disbursement to their microfinance programme. Zahida Fizza Kabir, CEO of Sajida Foundation, and Hassan O Rashid, MD & CEO of...

Good cos' listing to ensure capital market's dev

FE Report | 2022-09-18 00:00:00

The capital market won't see significant development unless fundamentally good companies are listed on the stock market, experts said at a roundtable on Saturday. They also laid importance on the implementation of rules and regulations to ensure good governance for...

Greenpeace blocks unloading of Russian gas in Finland

2022-09-18 00:00:00

HELSINKI, Sept 17 (AFP): Activists from environmental group Green-peace on Saturday blocked a shipment of Russian gas from unloading at a liquefied natural gas (LNG) terminal in northern Finland, the terminal owner and Greenpeace said.The activists demanded Helsinki stop importing...

Managing Director and CEO of Pubali Bank Safiul Alam Khan Chowdhury was present as the chief guest at the

2022-09-18 00:00:00

Managing Director and CEO of Pubali Bank Safiul Alam Khan Chowdhury was present as the chief guest at the Managers' Conference-2022 of Dhaka South, Dhaka North, Dhaka Central, Gazipur and Narayanganj regions of the bank held at the bank's head...

Bangladesh Standards and Testing Institution (BSTI) signed an agreement with Sonali Bank to pay their

2022-09-18 00:00:00

Bangladesh Standards and Testing Institution (BSTI) signed an agreement with Sonali Bank to pay their customers fees and charges through the Sonali Payment Gateway. BSTI Director (Admin) Md Taher Jamil and Sonali Bank General Manager Subhash Chandra Das signed the...

Ctg Customs to auction 79 luxury cars

2022-09-18 00:00:00

Our CorrespondentCHATTOGRAM, Sept 17: Chittagong Customs House (CCH) has decided to auction 79 luxury cars of seven famous brands brought under the Carnet facility through Chittagong port. The organisation has already collected the clearance permit from the Ministry of Commerce...

Louvre, Versailles to turn off lights earlier in energy savings push

2022-09-18 00:00:00

PARIS, Sept 17 (AFP): France's famed Louvre and Versailles museums will turn off their lights earlier as a symbolic measure to remind the public of the energy crisis sparked by the Ukraine war, the culture minister said on Saturday.The city...

BGMEA warns against risk factor

2022-09-18 00:00:00

MONIRA MUNNIBangladesh Garment Manufactur-ers and Exporters Association (BGMEA) won't shoulder the responsibility for any problems surfaced because of awarding subcontracts to the garment factories that are not affiliated with the trade body.The apparel apex body, representatives of some 4,000 woven...