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Delta governance council reconstituted

MONIRA MUNNI | 2022-09-20 00:00:00

The government has reconstructed the delta governance council to facilitate sustaining economic growth as well as enhancing productivity and climate resilience through ensuring implementation of Bangladesh Delta Plan 2100, sources said. They said the 15-member council, led by Prime Minister...

Monjurul Ahsan Bulbul elected ASA chairman

2022-09-20 00:00:00

Senior journalist Mojurul Ahsan Bulbul has been elected chairman of ASA governing body for a three-year term, says a press release.He was unanimously elected chairman at the 43rd annual general meeting of ASA in the city on Thursday.Prior to his...

BM Container gets show-cause notice over deadly fire

DOULOT AKTER MALA | 2022-09-20 00:00:00

The customs authority has served a show-cause notice to the BM Container Depot in a bid to suspend or cancel its licence - following eight-point findings of an investigation committee regarding varipus irregularities.The depot, among the top-five large inland container...

BD youths call for climate negotiation in COP 27

FE REPORT | 2022-09-20 00:00:00

Youths from Bangladesh and other parts of the world demanded immediate actions to address the global climate change and move for a negotiation in COP 27 from the world leaders.They demanded keeping the average global temperature rise within 1.5° C,...

Samrat's bail extended till October 20

2022-09-20 00:00:00

A Dhaka court on Monday extended the bail of former Jubo League leader Ismail Hossain Chowdhury Samrat until October 20 in a case filed by Anti-Corruption Commission (ACC) on the charge of acquiring wealth beyond known income, reports BSS.Judge Asad...

Hearing of ex-SP Babul Akter's plea deferred

OUR CORRESPONDENT | 2022-09-20 00:00:00

CHATTOGRAM, Sept 19: The court deferred the date of hearing of the application of the case of former SP Babul Akter to September 25. It earlier fixed the date on September 19. According to sources, on September 8, former SP...

BCL blockade halts classes, exams at CU -

2022-09-20 00:00:00

CHATTOGRAM, Sept 19 (UNB): A faction of Bangladesh Chhatra League's (BCL) Chittagong University unit on Monday enforced a blockade on the campus as they were 'deprived of posts in the full committee of the unit'.A group of BCL leaders and...

Identified quarter hatching plots at home, abroad: Quader

2022-09-20 00:00:00

Awami League General Secretary Obaidul Quader on Monday said an identified quarter is obstructing the country's advancement as it has been hatching plots at home and abroad, reports BSS."The conspirators do not know that Sheikh Hasina, like Bangabandhu, does not...

Free, fair polls held only under AL govt, Hasina tells BBC

2022-09-20 00:00:00

Prime Minister Sheikh Hasina said free and fair elections are held only during the Awami League's regimes as she always struggled to establish democracy and democratic rights in the country, reports UNB. "Only during the AL government periods, you can...

BNP criticises PM for comment on fair elections in BD

2022-09-20 00:00:00

Criticising Prime Minister Sheikh Hasina for her comments that free and fair elections are held in Bangladesh under Awami League only, BNP senior leader Amir Khosru Mahmud Chowdhury on Monday said even the ruling party leaders and activists do not...

Saudi drilling company to sell 30pc stake in IPO

2022-09-20 00:00:00

Saudi Arabia's oil and gas drilling contractor Arabian Drilling Co., has announced its intention to float 30 per cent, or 26.7 million shares, in an IPO, reports zawya.com.Arabian Drilling said it will sell existing shares representing 19.89 per cent of...

Indian shares rise as finance, auto stocks gain

2022-09-20 00:00:00

BENGALURU, Sept 19 (Reuters): Indian shares ended higher on Monday, lifted by gains in financials and auto companies, while investors prepared for a host of central bank meetings this week to gauge the impact of rate hikes on global economy.The...

ECB to buy fewer bonds from polluting companies

2022-09-20 00:00:00

FRANKFURT, Sept 19 (Reuters): The European Central Bank will tilt its purchases of corporate bonds towards companies that emit less carbon, giving each firm a score based on their performance, goals and climate disclosures.Hoping to play a part in the...

France leads European stocks lower in mega week for central banks

2022-09-20 00:00:00

French shares dragged European markets lower on Monday after two major TV groups fell on abandoning their merger plans, in a dour start to a week that could see a large interest rate hike by the Federal Reserve and a...

Porsche seeks price tag of up to $75b

2022-09-20 00:00:00

BERLIN, Sept 19 (Reuters): Volkswagen shares hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker's listing plans for sports car brand Porsche AG in what could be Europe's third biggest initial public offering.Volkswagen said on...

News Briefs (2022-09-20)

2022-09-20 00:00:00

Disbursement of dividend MIDAS Financing Ltd: The company has credited the bonus shares for the year ended December 31, 2021 to the respective shareholders' BO accounts.Suspension of tradingPBLPBOND: Trading of the units of Pubali Bank Perpetual Bond will remain suspended...

Change in livestock food could feed a billion people: study

2022-09-20 00:00:00

PARIS, Sept 19 (AFP): Diverting grain and other feed for livestock to human consumption could boost food supply sufficiently to feed an additional billion people, according to research released on Monday.Many livestock animals and farmed fish are fed on foods...

Bread prices jump by nearly a fifth in EU, Eurostat says as war in Ukraine weighs

2022-09-20 00:00:00

The price of bread rose by almost a fifth in the European Union in August as Russia's invasion of Ukraine, both major exporters of grains and fertilisers, continued to disrupt global markets and headline inflation accelerated, reports Reuters. Global wheat...

Shajgoj signed agreement with MetLife Bangladesh

2022-09-20 00:00:00

Shajgoj, an omnichannel multi-brand retailer, signed an agreement with MetLife Bangladesh recently. Under the agreement, employees of Shajgoj Limited will receive insurance coverage from MetLife. Sinthia Sharmin Islam, co-founder and CCO, Farhana Preeti, head of Business Development, Hasiba Binte Hannan,...

Rupali Bank held Business Conference-2022

2022-09-20 00:00:00

Rupali Bank held Business Conference-2022 for its branches under Cumilla Divisional office on Sunday. Mohammad Jahangir, managing director and CEO of the bank, addressed the conference as the chief guest at the Rupali Bank Tower at Monohorpur in Cumilla. Md...

Jamuna Bank programmes in South Korea:

2022-09-20 00:00:00

 Jamuna Bank Limited organised three get-together programmes for non-resident Bangladeshis (NRBs) at Yujeong and Ansan City in South Korea recently. Chairman of Jamuna Bank and Jamuna Bank Foundation Nur Mohammed was present as the chief guest. Managing Director and CEO...

Trust Bank Bashundhara Branch relocated:

2022-09-20 00:00:00

 Trust Bank Limited has shifted its Bashundhara Branch to Union Tower (2nd floor) at Bashundhara R/A in the city. Humaira Azam, Managing Director & CEO of the bank, along with other senior officials inaugurated the relocated branch as the chief...

IBBL launches special campaign:

2022-09-20 00:00:00

 Islami Bank Bangladesh Limited has launched a 15-day special campaign titled 'Sanchoye Samriddhi Nirapad Agami'. Mohammed Monirul Moula, Managing Director and CEO of the bank, along with other senior officials inaugurated the campaign as the chief guest at Islami Bank...

Shimanto Bank launches 'FastPay':

2022-09-20 00:00:00

Shimanto Bank has recently launched 'FastPay' EMI service, a special credit card feature, at its Corporate Head Office. Under this service, the bank's credit cardholders can purchase their desired products from selected merchant outlets or e-commerce sites and enjoy zero...

DBCCI to organise investment promotion visit to Netherlands

FE REPORT | 2022-09-20 00:00:00

The Dutch-Bangla Chamber of Commerce & Industry (DBCCI), with the support of the Bangladesh Investment Development Authority (BIDA), will organise a visit to the Netherlands to promote the country as an investment destination.This was discussed at the 22nd Annual General...

Carrefour eyes business expansion in Bangladesh

FE REPORT | 2022-09-20 00:00:00

French retailer Carrefour looks to expand its business base in Bangladesh through strengthening partnership with local garment suppliers. The willingness was expressed when Carrefour director for textile global sourcing Jean Marie Fouque made a courtesy call on BGMEA President Faruque...

ICB Golden Jubilee MF makes trading debut tomorrow

FE REPORT | 2022-09-20 00:00:00

A new closed-end mutual fund, 'ICB AMCL CMSF Golden Jubilee Mutual Fund', will make its trading debut on both the stock exchanges of the country tomorrow (Wednesday).Ahead of the debut trading, the Capital Market Stabilization Fund (CMSF), the sponsor of...

DSEX touches 6,600 mark after four months

FE REPORT | 2022-09-20 00:00:00

The benchmark equity index surpassed the 6600 mark on Monday, hitting a more than four-month high, as investors continued to inject fresh funds on selective large-cap stocks.The market opened on a flying note which sustained until the end of the...

Fraudster of Tk 1.0b arrested in Chattogram

OUR CORRESPONDENT | 2022-09-20 00:00:00

CHATTOGRAM, Sept 19: Members of Rapid Action Battalion (RAB-7) arrested a fraudster who embezzled more than Tk 1.0 billion from a number of businessmen. There are about 22 cases against him, of which he has been convicted in 11 cases....

EQMS listed among top ten consulting firms

2022-09-20 00:00:00

The Asia Business Outlook 2022 has published the list of top 10 sustainable consulting firms across the globe. All these organisations have been consistently providing services as efficient ESG (Environmental, Social, Governance) consultants in the industry-centric capital market to protect...