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AL, not BNP, always stands by people during any disaster, says Hasan

2022-10-03 00:00:00

PANCHAGARH, Oct 02 (BSS): Information and Broadcasting Minister Dr Hasan Mahmud today said Awami League as the party of commoners always stands by the countrymen during any disaster but BNP does not do so."BNP doesn't stand by the people during...

GM Quader joins breakfast meet with EU envoy

2022-10-03 00:00:00

Jatiya Party Chairman GM Quader met European Union Ambassador in Bangladesh Charles Whiteley on Sunday morning, reports UNB.The EU envoy invited Quader for breakfast meeting at his residence in city's Gulshan.Meanwhile, the EU Ambassador tweeted, "European Union (EU) Heads of...

Quader urges all to stay alert during Durga Puja

2022-10-03 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Sunday urged all concerned to remain alert to maintain peace and harmony during the Durja Puja, reports BSS."A vested quarter wants to shift the responsibly to the...

BNP begins 2nd-phase talks on anti-govt movement

2022-10-03 00:00:00

BNP on Sunday reached a consensus with Kalyan Party to wage a 'simultaneous' movement by giving priority to bring back a caretaker government to oversee the next general elections, reports UNB.As part of its move to launch a united anti-government...

Amazon rolls out live-stream shopping to drive festive season sales

2022-10-03 00:00:00

NEW DELHI, Oct 02 (Reuters): Amazon.com Inc on Friday rolled out a live-streaming video feature for promoting products on its shopping platform in India, employing a format already popular in China to drive sales in Asia’s third largest economy.The company...

India’s Reliance Jio to offer 4G low-cost laptop at $184

2022-10-03 00:00:00

NEW DELHI, Oct 02 (Reuters): Reliance Jio will launch a budget laptop priced at $184 (15,000 Indian rupees) with an embedded 4G sim card, aiming to replicate the success of its low-cost JioPhone in India's highly price-sensitive market, two sources...

China's new home prices fall for third straight month

2022-10-03 00:00:00

BEIJING, Oct 02 (Reuters): New home prices in China fell for the third straight month in September as a mortgage boycott across the country and a slowing economy discouraged potential home buyers, a private survey showed on Saturday.China's property market...

Credit Suisse has strong capital base and liquidity

2022-10-03 00:00:00

ZURICH, Oct 02 (Reuters): Credit Suisse has solid capital and liquidity, Chief Executive Ulrich Koerner told staff in a memo seen by Reuters on Friday and confirmed by a spokesperson for the Swiss bank that is due to announce the...

Axa might invest $98m in Italy’s MPS

2022-10-03 00:00:00

MILAN, Oct 02 (Reuters): French insurer Axa is considering investing at least 100 million euros ($97.99 million) in a new share sale by Monte dei Paschi di Siena (MPS) without any changes to its joint venture with the Tuscan bank,...

Mashreqbank leads Dubai index higher

2022-10-03 00:00:00

Dubai index closed higher on Friday, boosted by a 15 per cent surge in lender Mashreqbank, while Abu Dhabi stocks slipped on volatility in crude markets, reports Reuters.Middle East crude benchmarks were mixed on Friday, with Oman and Murban lower...

Investors expect no peace in US stocks until bond gyrations subside

2022-10-03 00:00:00

NEW YORK, Oct 2 (Reuters): Investors believe the feedback loop between US stocks and bonds will likely be a key factor in determining whether the gyrations that have rocked markets this year continue into the last months of 2022.With the...

News Briefs (2022-10-03)

2022-10-03 00:00:00

Disbursement of dividend Berger Paints Bangladesh Ltd: The company has disbursed the cash dividend for the year ended March 31, 2022 to the respective shareholders.Libra Infusions Limited: The company has disbursed the cash dividend for the year ended on June...

Khajura Bazar Branch of Union Bank

2022-10-03 00:00:00

Ranajit Kumar Roy, MP from Jashore-04 Constituency, inaugurating as the chief guest the Khajura Bazar Branch of Union Bank Limited in Jashore recently. Union Bank Deputy Managing Director Md Nazrul Islam presided over the function while Principal of Jashore Govt...

Mohammed Rabiul Hossain inaugurating 21st sub-branch of Uttara Bank

2022-10-03 00:00:00

Uttara Bank Limited Managing Director & CEO Mohammed Rabiul Hossain inaugurating the 21st sub-branch of the bank at Navaron, Sharsha in Jashore on Sunday. Deputy Managing Director Md Abul Hashem along with General Manager Md Rabiul Hasan, Deputy General Manager...

Business Conference 2022 of Nitol Insurance

2022-10-03 00:00:00

The Business Conference 2022 of Nitol Insurance Company Limited was held at the company's head office in the city recently. A K M Monirul Hoque, Chairman, was present as the chief guest at the conference. Naeema Hoque, Director, was present...

ICSB holds 12th AGM

2022-10-03 00:00:00

The 12th annual general meeting (AGM) of the Institute of Chartered Secretaries of Bangladesh (ICSB) was held in the city on Saturday, says a statement. ICSB President Muzaffar Ahmed FCMA, FCS, presided over the meeting and tabled the Council Report...

SIBL Opens Keranihat Branch:

2022-10-03 00:00:00

 Social Islami Bank opened its 173rd branch at Keranihat, Satkania, Chattogram, on Sunday. Dr Md Mahbub Ul Alam, Chairman of SIBL, inaugurated the branch as the chief guest while Zafar Alam, Managing Director and CEO, presided over the inaugural ceremony....

Dhaka Bank opens 'Akij City Branch':

2022-10-03 00:00:00

Dhaka Bank Limited has recently opened its 110th branch namely 'Akij City Branch' at Noapara in Jashore. Chairman of Akij Group Sheikh Nasir Uddin inaugurated the branch as the chief guest in presence of Chairman of Dhaka Bank Abdul Hai...

MTB Foundation honours 13 Sitakunda firefighters

2022-10-03 00:00:00

MTB Foundation has recently presented its 11th Bravery & Courage Award to 13 firefighters who lost their lives in the Sitakunda fire incident, says a statement.MTB Foundation acknowledged the gallant sacrifice of the firefighters and handed over the awards to...

RMG exports to EU post 45pc growth

2022-10-03 00:00:00

The export of RMG items to European Union (EU) has witnessed a robust growth of 45 per cent during the January-June period of this year compared to the same period last year, reports BSS.According to data from the Eurostat under...

Prime Bank launches 'Japan Desk'

2022-10-03 00:00:00

Prime Bank has officially launched 'Japan Desk' with the objective of facilitating cross-border business initiatives and investments between Japan and Bangladesh, says a statement.Ambassador of Japan Naoki Ito attended the launching event as chief guest along with Tanjil Chowdhury, Chairman...

World Investor Week begins today

FE REPORT | 2022-10-03 00:00:00

Bangladesh Securities and Exchange Commission (BSEC) will inaugurate the 'World Investor Week-2022' today to raise awareness among the investors.The theme of the week is 'Investor Resilience'.Bangladesh Bank Governor Abdur Rouf Talukder will inaugurate the week as the chief guest at...

DSE to start trading on ATB this month

FE REPORT | 2022-10-03 00:00:00

Trading on the alternative trading board (ATB) of Dhaka bourse is likely to begin at the end of this month as all preparations to this end have already been completed.Initially, the trading will commence with the listing of four securities,...

Stocks begin month on positive note

FE Report | 2022-10-03 00:00:00

The stock market began the month of October on a plus side, extending the gaining streak for a third consecutive session on Sunday amid mixed performance of major sectors. The turnover of Dhaka Stock Exchange (DSE) also surged 26 per...

Iraq's young covet govt jobs in headache for economy

2022-10-03 00:00:00

BAGHDAD, Oct 02 (AFP): Decent salaries and stability are the hallmarks of a job in Iraq's civil service, an institution much coveted by young graduates, even as it starves the private sector and hobbles the economy.The patronage systems that feed...

Germany builds new gas terminals to succeed Russian pipelines

2022-10-03 00:00:00

WILHELMSHAVEN (Germany), Oct 2 (AFP): Germany's most strategically important building site is at the end of a windswept pier on the North Sea coast, where workers are assembling the country's first terminal for the import of liquefied natural gas (LNG).Starting...

Greece-Bulgaria gas pipeline starts operation

2022-10-03 00:00:00

SOFIA, Oct. 02 (Xinhua): The Greece-Bulgaria gas pipeline, the Gas Interconnector Greece-Bulgaria (IGB), started commercial operation on Saturday, according to ICGB AD, owner and operator of the IGB.The IGB connects with the Greek national gas transmission system and the Trans-Adriatic...

IMF plans regional office in Saudi Arabia

2022-10-03 00:00:00

RIYADH, Oct 02 (Arab News): The International Monetary Fund is considering opening a regional office in Saudi Arabia as both parties prepare to sign a memorandum of understanding in this regard on Oct. 3 in Riyadh. The MoU, to be...

Global Islami Bank opened 94th branch

2022-10-03 00:00:00

Global Islami Bank opened its 94th branch at Khulshi, Chattogram on Sunday. Syed Habib Hasnat, managing director of the bank, virtually inaugurated the operation of the branch as the chief guest. Additional managing directors Md Golam Sarwar and Kazi Mashiur...

Mobile financial service provider upay signed agreement with Link3 Technologies

2022-10-03 00:00:00

Mobile financial service provider upay has signed an agreement with Link3 Technologies Limited, a broadband internet service provider, to help the customers of Link3 to pay bills through their upay accounts. Emon Kalyan Dutta, chief sales and service officer of...