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Karnaphuli capital dredging ends this month

NAZIMUDDIN SHYAMOL | 2022-10-04 00:00:00

CHATTOGRAM, Oct 03: Capital dredging of Karnaphuli River, including the port channel, will end this month as 99 per cent dredging work was completed last month, sources said. Officials at Chittagong Port Authority (CPA), implementing agency of the Tk 2.42...

Two Covid, three dengue patients die in 24 hrs

2022-10-04 00:00:00

Two more Covid-19 patients died while three others died of dengue in the last 24 hours until Monday morning, reports UNB.A total of 696 Covid-19 cases were detected in the same period.With the new numbers, the country's total fatalities rose...

Lt Col GM Rajib Ahmed paying tributes to veteran journalist Toab Khan

2022-10-04 00:00:00

On behalf of Prime Minister Sheikh Hasina, her Assistant Military Secretary Lt Col GM Rajib Ahmed paying tributes to veteran journalist Toab Khan (Inset) by placing a wreath on his coffin at the Central Shaheed Minar in the city on...

Bike accidents account for one-third road deaths

FE REPORT | 2022-10-04 00:00:00

Motorcycle accidents claimed more than one-third of the total road accident fatalities last month (September). At least 476 people were killed and 794 others injured in 407 road accidents across the country during the month. Of them, 169 or 35.5...

Testimony against Nazmul Huda for filing fake case Oct 30

2022-10-04 00:00:00

A Dhaka court on Monday fixed October 30 for the testimony in a case against former communications minister Nazmul Huda lodged by the Anti Corruption Commission (ACC) over filing fake case against former Chief Justice Surendra Kumar Sinha, reports BSS.October...

Ctg court indicts 24 in BCL leader Sudipta's murder case

2022-10-04 00:00:00

A Chattogram court has indicted 24 suspects in the murder case of Bangladesh Chhatra League leader Sudipta Biswas, reports bdnews24.com.Md Amirul Islam, second additional metropolitan sessions judge, framed the charges on Monday.The charge sheet was submitted to the court over...

JP expresses doubt about inclusive polls

2022-10-04 00:00:00

RANGPUR, Oct 03 (UNB): Jatiya Party Chairman GM Quader expressed his doubt whether the next general election will be free and fair and inclusive. "The overall situation of the country is fragile with unstable political situation. In such a situation...

Zia killed many FFs to prolong 'illegal rule': Joy

2022-10-04 00:00:00

Prime Minister Sheikh Hasina's ICT Adviser Sajeeb Wazed Joy has said Bangladesh's first military ruler Gen Ziaur Rahman had executed thousands of members of Bangladesh's armed forces through so-called 'military tribunals.' In a Facebook post shared from his verified account,...

AL parliamentary, local government nomination board meet today

2022-10-04 00:00:00

Awami League (AL) will hold a joint meeting of its Parliamentary Board (PB) and Local Government Representative Nomination Board at the Prime Minister Sheikh Hasina's official residence Ganobhaban in the city today (Tuesday), reports BSS.Party President and also President of...

Khaleda to lead simultaneous movement, claims Fakhrul

2022-10-04 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Monday said their planned 'simultaneous movement' with different political parties to oust the current government will be carried out under the leadership of Khaleda Zia, reports UNB. He said, "We've taken united...

Envoys are free to give advice on polls, but no meddling in internal matters: Hasan

2022-10-04 00:00:00

Information and Broadcasting Minister Hasan Mahmud has said that foreign diplomats are free to give advice on elections as long as they don't interfere in the country's internal affairs and cross diplomatic etiquettes. The minister said this while exchanging views...

Prosus scraps $4.7b BillDesk deal, one of India's biggest

2022-10-04 00:00:00

AMSTERDAM, Oct 03 (Reuters): Investor Prosus NV said on Monday a $4.7 billion deal to buy BillDesk, which would have been one of the largest in India's financial technology sector, was "terminated", saying conditions of the deal had not been...

Market capital of Saudi Exchange jumps 8pc

2022-10-04 00:00:00

RIYADH, Oct 03 (Arab News): A UK delegation led by Lord Mayor of the City of London Alderman Vincent Keavney discussed trade and investment opportunities with Saudi Arabia's Minister of Investment Khalid Al-Falih during talks in Riyadh.After the meeting, part...

Babuland offers 20pc discount for Bengal Commercial Bank customers

2022-10-04 00:00:00

Bengal Commercial Bank's card holders are getting 20 per cent discount on the entry fee at all the branches of Babuland, largest indoor playground for kids in Bangladesh, according to a statement.Bengal Commercial Bank and Babuland signed a memorandum of...

Xiaomi to protect its business interests

2022-10-04 00:00:00

MUMBAI, Oct 03 (Reuters): Chinese smartphone maker Xiaomi Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its assets and would continue to protect its interests.An Indian appellate authority on Friday confirmed an...

Nagad offers up to Tk 1,000 cashback for mobile recharge

2022-10-04 00:00:00

Nagad has come up with an attractive offer of cashback in the country, reports BSS.From now on, any new full-profile customer of Nagad will be able to get up to maximum Tk 1,000 cashback a month for mobile recharge.A newly...

Indian shares decline on inflation fears

2022-10-04 00:00:00

BENGALURU, Oct 03 (Reuters): Indian shares fell on Monday, weighed by losses in metals, banks and auto companies, on renewed fears of spike in inflation on the back of surge in crude prices amid lingering concerns over global growth.The NSE...

Intel's self-driving car division Mobileye files for IPO

2022-10-04 00:00:00

Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to a prospectus filed with the US Securities and Exchange Commission (SEC) on Friday, reports CNBC.Mobileye's filling indicates strong revenue growth...

German bond yields edge lower as inflation angst subsides

2022-10-04 00:00:00

Germany's government bond yields edged lower on Monday, with gilts out of the spotlight, amid signals that the European Central Bank (ECB) might be on top of surging inflation, reports Reuters.Gilt 2-year yield was down 9 basis points (bps) to...

Global funds find promise in SE Asia infrastructure deals

2022-10-04 00:00:00

SINGAPORE, Oct 03 (Reuters): Buyout firms and asset managers are moving in on billions of dollars of infrastructure assets across Southeast Asia, lured by the sector's growth prospects and stable, long-term returns, bankers and analysts say.Merger and acquisition deal volume...

Asia-Pacific shares mixed

2022-10-04 00:00:00

Shares in the Asia-Pacific were mixed on Monday as markets enter the last quarter of the year, reports CNBC.Hong Kong's Hang Seng index was 0.97 per cent down in the final hour of trade, after reaching the lowest levels since...

News Briefs (2022-10-04)

2022-10-04 00:00:00

Recommendation of dividendKDSALTD: The Board of Directors has recommended 16 per cent cash dividend for the year ended on June 30, 2022. Date of AGM: 24.11.2022, Time: 11:00am, Venue: Digital platform. Record Date: 01.11.2022. The company has also reported EPS...

AVIVA FINANCE MEETING:

2022-10-04 00:00:00

 The 4th Shari'ah Supervisory Committee meeting of Aviva Finance Limited was held at its head office board room in Dhaka recently. The meeting was presided over by Mufti Sayeed Ahmed, Chairman of the Shari'ah Supervisory Committee. Members of the committee...

SOUTHEAST BANK DONATES AMBULANCE:

2022-10-04 00:00:00

 Southeast Bank Limited provided an ambulance to 'Professor Nazrul Rheumatology Foundation & Research (PNRFR)' as a part of its corporate social responsibility. M Kamal Hossain, Managing Director of Southeast Bank, handed over the key of the ambulance to Prof Md...

UCB-CADET COLLEGE CLUB AGREEMENT:

2022-10-04 00:00:00

 Arif Quadri, Managing Director & CEO of United Commercial Bank Limited, and Shahadat Musharraf Khan (Mukul), President of Cadet College Club Ltd., signed an agreement at the Cadet College Club in Dhaka on Sunday. Under this agreement, Cadet College Club...

Chinese co to invest $9.58m in CEPZ

2022-10-04 00:00:00

A Chinese company will set up a garments factory in Chattogram Export Processing Zone (CEPZ) with an investment of $ 9.58 million, said a press release.Fully foreign owned this Chinese company-M/s. Intex Link Garments (BD) Limited will produce annually 61...

Hyundai cars to be assembled in BD by end of 2022

2022-10-04 00:00:00

South Korean Ambassador to Bangladesh Lee Jang-keun has said Hyundai cars would be assembled in Bangladesh by the end of this year, reports UNB.At the Kaliakoir Hi-Tech Park, he said, local company Fair Technology is now preparing an assembly plant...

Financial support for aquaculture stakeholders

2022-10-04 00:00:00

Bank Asia has recently organised a learning dissemination programme on improving access to formal financial package for aquaculture stakeholders in southern region of the country that was implemented by Bank Asia, funded by Feed the Future Bangladesh Aquaculture and Nutrition...

Shahjalal Islami Bank gets new MD

2022-10-04 00:00:00

Mosleh Uddin Ahmed joined Shahjalal Islami Bank Limited as its Managing Director & CEO on Monday, says a statement. Prior to his joining Shahjalal Islami Bank, Mr Ahmed has served as Managing Director & CEO of National Credit & Commerce...

DSEX retreats as investors stay on the sidelines

FE REPORT | 2022-10-04 00:00:00

The benchmark equity index ended in the red, snapping a three-day rally, as some major sectors witnessed price corrections amid sell-offs. In step with the index, the turnover of Dhaka Stock Exchange (DSE) also declined as investors stayed on the...