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Indonesia hikes rates for second straight month to stem inflation

2022-09-23 00:00:00

JAKARTA, Sept 22 (AFP): Indonesia's central bank hiked its key interest rate for the second month in a row Thursday to combat rising inflation stoked by fuel prices and the war in Ukraine.Bank Indonesia pushed the policy rate to 4.25...

BoE raises rates to 2.25pc, despite likely recession

2022-09-23 00:00:00

LONDON, Sept 22 (Reuters): The Bank of England (BoE) raised its key interest rate to 2.25 per cent from 1.75 per cent on Thursday and said it would continue to "respond forcefully, as necessary" to inflation, despite the economy entering...

IMF unblocks $27m for Moldova

2022-09-23 00:00:00

WASHINGTON, Sept 22 (AFP): The International Monetary Fund (IMF) on Wednesday gave Moldova access to about $27 million, after the crisis lender deemed that Ukraine's neighbor had taken strong steps on fiscal governance and anti-corruption.The loan is part of a...

Turkey cuts interest rate for second month

2022-09-23 00:00:00

ISTANBUL, Sept 22 (AFP): Turkey's central bank on Thursday cut its policy rate for the second straight month despite an annual inflation rate that has reached 80 per cent and still moving higher.The central bank said it was cutting its...

Sonali Bank signed agreement with One Bank

2022-09-23 00:00:00

Sonali Bank Limited signed an agreement with One Bank Limited to use its mobile financial service 'OK Wallet' by integrating it into Sonali Payment Gateway launching a link account service with Sonali Bank customer accounts. Sonali Bank CEO and Managing...

Hundreds of lenders gather outside Evaly office in Dhaka

2022-09-23 00:00:00

Hundreds of lenders have gathered outside the Evaly office in Dhaka's Dhanmondi following the transfer of the e-commerce platform's responsibility to the family of Mohammad Rassel, former managing director of the company, reports bdnews24.com.Rassel's wife Shamima Nasrin, a co-founder and...

CCCI signs MoU with BSMRMU

Our Correspondent | 2022-09-23 00:00:00

CHATTOGRAM, Sept 22: The Chittagong Chamber of Commerce and Industry (CCCI) and Bangabandhu Sheikh Mujibur Rahman Maritime University (BSMRMU) signed a Memorandum of Understanding (MoU) on "Academia Industries Relationship" to create skilled manpower for the blue economy in Bangladesh. After...

Govt takes steps to dig new and old gas wells to ensure energy security

2022-09-23 00:00:00

The government has taken a number of measures including exploring new gas wells along with digging the existing ones to meet the increasing demand of energy, reports BSS."We've taken steps to dig different existing gas wells along with discovering new...

Guardian Life holds annual sales confce -

2022-09-23 00:00:00

With the slogan 'Odommo Guardian' (Indomitable Guardian), Guardian Life Insurance Limited organised their Annual Sales Conference 2022 at a hotel in Cox's Bazar recently, according to a statement. Sponsors and patrons of the company Tapan Chowdhury, Syed Nasim Manzur, and...

Govt against egg import to protect interests of local poultry farmers

FE REPORT | 2022-09-23 00:00:00

Government will not allow import of eggs in order to protect interests of the local poultry farmers, Agriculture Minister Dr Mohammad Abdur Razzaque said on Thursday."We (the government) will not allow import of eggs. Let us have some patience as...

Grain prices remain low

2022-09-23 00:00:00

SYDNEY, Sept 22 (ABC NEWS): By all metrics, Australia is set for another monster year of cropping.With harvest starting in the coming weeks in Queensland, Australian Bureau for Agricultural Resource Economics and Sciences (ABARES) this month estimated a winter crop...

HC rejects writ challenging appointment

FE REPORT | 2022-09-23 00:00:00

The High Court on Thursday rejected a writ petition challenging the legality of a government decision to appoint an administrator for the Bangladesh Cold Storage Association (BCSA). The High Court bench of Justice Md Rezaul Haque and Justice K M...

Gold rates in India fall to 7-month lows

2022-09-23 00:00:00

NEW DELHI, Sept 22 (The Economic Times): Gold and silver prices in India fell today in tandem with a drop in international prices. On MCX, gold futures were near 7-month lows of Rs 49,321, down 0.25 per cent while silver...

Oil rises on rebounding Chinese demand

2022-09-23 00:00:00

LONDON, Sept 22 (Reuters): Oil prices rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed recession fears after a flurry of central bank interest rate hikes, including from the Bank of England.Brent crude futures...

Ticket crush for India, Australia cricket match injures 20

2022-09-23 00:00:00

HYDERABAD, India, Sept 22 (AP): Twenty people were injured in a stampede when thousands of people thronged counters selling tickets for an India-Australia Twenty20 cricket match in southern India, police said on Thursday.The crush of cricket enthusiasts occurred as the...

Man Utd announce loss of £115.5m last season

2022-09-23 00:00:00

LONDON, Sept 22 (AFP): Manchester United announced on Thursday a net loss of £115.5 million ($130.4 million, 132.2 million euros) for the 2021/22 season even though revenues at the club rose by 18 per cent to £583 million.Figures released incorporating...

Raducanu sees off Wickmayer

2022-09-23 00:00:00

SEOUL, Sept 22 (AFP): Emma Raducanu enjoyed support from the Korea Open crowd on the way to a straight-sets win over 396th-ranked Yanina Wickmayer and a place in the quarter-finals on Thursday.Raducanu, who crashed out of the US Open in...

Federer, Nadal team up for doubles

2022-09-23 00:00:00

LONDON, Sept 22 (AP): Roger Federer and Rafael Nadal will team up in doubles at the Laver Cup on Friday in what Federer has announced will be the final match of his long and illustrious career.Federer, owner of 20 Grand...

BFF staff received SAFF champions' luggage intact, claim Biman, HSIA

2022-09-23 00:00:00

The authorities of Biman Bangladesh Airlines and Dhaka's Hazrat Shahjalal International Airport (HSIA) said the luggage of SAFF champion footballers were received by the Bangladesh Football Federation representative in a "locked and intact" condition, report agencies.Bangladesh Football Federation (BFF) representatives...

Bangladesh beat Cambodia by 1-0 goal

2022-09-23 00:00:00

Bangladesh National Men's Football team beat Cambodian national team by 1-0 goal in their first match of the two-match FIFA International Friendly at Cambodian capital Phnom Penh on Thursday, reports UNB. Midfielder Rakib Hossain scored the match-winning goal for Bangladesh...

Tigers look to develop winning habit: Skipper Nurul

2022-09-23 00:00:00

Nurul Hasan, Bangladesh's interim T20 skipper, said on Thursday that the team is looking to develop a winning habit, starting with the upcoming two-match T20 series against the UAE, which will help them gain confidence ahead of tri-series in New...

PM to gift prize money for women footballers

2022-09-23 00:00:00

Prime Minister Sheikh Hasina will gift prize money to all the players of Bangladesh Women Football Team who clinched the title of SAFF Women's Championship.The premier will also gift houses to those players who need abodes as she has already...

News in brief (2022-09-23)

2022-09-23 00:00:00

Cousin stabs youth to death in KishoreganjA 22-year-old youth was stabbed to death allegedly by his cousin in Sadar upazila of Kishoreganj district on Wednesday night. The dead is Abid Hasan Rahat, son of Anowar Ul Hoque of Rajgati union...

Youth killed by rivals in Narayanganj

2022-09-23 00:00:00

NARAYANGANJ, Sept 21 (UNB): A 22-year-old man was allegedly stabbed to death by members of a rival group in the district's Rupganj upazila on Wednesday night.The dead is Rakib Hasan, son of Harun Mia of the upazila's Kathpotti area.AFM Sayed,...

Stop drug abuse to save young generations

2022-09-23 00:00:00

RANGPUR, Sept 22 (BSS): Officials, educationists and cultural activists at an anti-drug discussion have stressed the need for preventing drug abuse to save the young generations for building a healthier and prosperous nation.The District Department of Narcotics Control (DNC) and...

Solar charging systems benefit many Rajshahi people

2022-09-23 00:00:00

RAJSHAHI, Sept 22 (BSS): Many people, particularly the marginalised and other low-income ones, are getting benefits from the solar charging systems installed commercially aimed at lessening the gradually mounting pressure on electricity. Launched as a model, the project has been...

UGC warns pvt varsities to maintain standards

2022-09-23 00:00:00

Noted educationist and University Grants Commission (UGC) member Prof Dr Biswajit Chanda has said the quality of higher studies is directly linked with the quality of a country's universities.The UGC member said this during an exclusive interview with UNB.Asked about...

Iran, US clash at UN on nuclear deal

2022-09-23 00:00:00

NEW YORK, Sept 22 (Reuters): The United States and Iran clashed on security and human rights on Wednesday, with Iran's president demanding US guarantees to revive the 2015 Iran nuclear deal and the US president vowing Tehran would never get...

Man found in 'miracle' rescue after quake

2022-09-23 00:00:00

BEIJING, Sept 22 (AFP): A Chinese worker who tended to his injured colleagues following a deadly earthquake and then got lost in the mountains has been rescued 17 days later.The 6.6-magnitude quake struck southwestern Sichuan province earlier this month, killing...

Global Fund raises $14.25b to fight HIV, TB and malaria

2022-09-23 00:00:00

NEW YORK, Sept 22 (AFP): The Global Fund to Fight AIDS, Tuberculosis and Malaria raised $14.25 billion Wednesday at a donor conference led by US President Joe Biden, as decades of progress against the diseases are set back by Covid.It...