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GP, Banglalink do better than others

2022-07-30 00:00:00

FE REPORT Grameenphone (GP) and Banglalink outperformed the country's other operators in mobile network experience, according to a report of Opensignal, a UK-based independent global standard for analysing consumers' mobile experience. Opensignal recently prepared the report - based on data...

NatWest boosts investor payouts even as inflation gathers pace

2022-07-30 00:00:00

LONDON, July 29 (Reuters): British bank NatWest raised its full-year guidance and made a bumper payout to shareholders on Friday after rising interest rates lifted its finances, despite runaway inflation threatening to crunch the UK economy.NatWest reported pretax profit up...

Private equity, hedge funds object to US carried-interest tax hike proposal

2022-07-30 00:00:00

NEW YORK, July 29 (Reuters): Private equity and hedge funds cautioned on Thursday that a proposed US tax increase on carried-interest income could potentially hurt small businesses and big investors, such as endowments, foundations and pension funds.Carried interest refers to...

Facebook ends funding for US news partnerships programme

2022-07-30 00:00:00

NEW YORK, July 29 (AP): Meta Platforms says it will no longer pay US news organizations to have their material appear in Facebook's News Tab as it reallocates resources in the face of the economic downturn and changing user behavior.The...

RAKUB zonal managers asked to perform duties with sincerity

2022-07-30 00:00:00

RAJSHAHI, July 29 (BSS): Utmost emphasis should be given on attaining all business targets of Rajshahi Krishi Unnayan Bank (RAKUB) in the current fiscal so that it can uphold the pace of earning profit.Aim of the present government is to...

WB refuses new funding for bankrupt Sri Lanka

2022-07-30 00:00:00

COLOMBO, July 29 (AFP): The World Bank (WB) said Friday it would not offer new funding to Sri Lanka unless the bankrupt island nation carried out "deep structural reforms" to stabilise its crashing economy.Sri Lanka has suffered an unprecedented downturn...

The role of international community

Khandakar Qudrat-I Elahi | 2022-07-30 00:00:00

Is the Russian invasion of Ukraine a crisis? The answer depends upon how we understand the situation. Here in Canada, I notice few reactions among political and civilian elites or the general public. People are worried about its supposed impact...

Important to know when one has to call it a day

Nilratan Halder | 2022-07-30 00:00:00

Games and sports imitate life in more ways than none. There are struggles to rise to the pinnacle or pole position. Against the sweetest success, there are heart-breaking defeats too. Even the world's leading player has to leave the stage...

Law secretary pays homage to Bangabandhu

2022-07-30 00:00:00

Law and Justice Division Secretary Md Golam Sarwar on Friday paid homage to Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Tungipara in Gopalganj, reports BSS.Sarwar reached Tungipara around 12.20pm and placed wreaths at the mausoleum of Bangabandhu. He...

Govt implementing project to protect tigers: Minister

2022-07-30 00:00:00

The government is implementing a three-year project on 'Sundarbans Tiger Conservation Project' with an objective to protect 'Royal Bengal Tiger' of the mangrove forest.Different programmes including Tiger conservation and research like tiger survey will begin soon under the project, reports...

Gold price inches higher

2022-07-30 00:00:00

NEW DELHI, July 29 (Reuters): Gold prices inched up on Friday but were set for a fourth consecutive monthly drop, pressured by the strong performance of the greenback and rising US bond yields. However, the metal is set for its...

Algeria, Nigeria, Niger discuss gas pipeline to Europe

2022-07-30 00:00:00

ALGIERS, July 29, (AFP): African energy giants Algeria, Nigeria and Niger signed a memorandum of understanding Thursday on a vast gas pipeline project offering Europe potential future alternatives to Russian supplies, state media reported.The Trans-Saharan Gas Pipeline (TSGP) would transport...

Oil prices rise as chances of OPEC+ supply boost dim

2022-07-30 00:00:00

LONDON, July 29 (Reuters): Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash US hopes for a supply boost.Brent crude futures for September settlement, due to expire...

The prize distribution ceremony of Saif Powertec 2nd Division Chess League-2021

2022-07-30 00:00:00

The prize distribution ceremony of Saif Powertec 2nd Division Chess League-2021 was held in the city recently. Sadharan Bima Corporation became unbeaten champion in the competition

Coach Silverwood warns Sri Lanka have a lot to learn

2022-07-30 00:00:00

GALLE, Sri Lanka, July 29 (AFP): Coach Chris Silverwood warned Sri Lanka that they still have "a lot to learn" and must be more ruthless despite thrashing Pakistan in the second Test in Galle.Test revelation Prabath Jayasuriya took five wickets...

Assistant Chief of Air Staff (Maintenance) Air Vice Marshal Sade Uddin Ahmed, BSP, BUP, ndc, nswc,

2022-07-30 00:00:00

Assistant Chief of Air Staff (Maintenance) Air Vice Marshal Sade Uddin Ahmed, BSP, BUP, ndc, nswc, psc handing over trophy of the Inter-Base Swimming and Water Polo Competition-2022 of Bangladesh Air Force to the winner BAF Base Zahurul Haque team...

India’s Lighthouse in talks to raise $400m fund

2022-07-30 00:00:00

MUMBAI, July 29: India's Lighthouse Funds is in talks to raise $400 million for a new fund, a senior executive told Reuters, in what will be the biggest fundraising by the private equity firm that is targeting fast-growing consumer brands...

US stocks extend rally on mostly solid earnings

2022-07-30 00:00:00

NEW YORK, July 29: Wall Street stocks extended a positive run early Friday, rallying after mostly solid earnings despite data showing another rise in US inflation. Shares of several corporate giants rose following results, including oil giants ExxonMobil and Chevron...

HK equities drop 2.0pc

2022-07-30 00:00:00

SINGAPORE: Hong Kong's Hang Seng index fell more than 2 per cent on Friday as tech stocks came under pressure. The benchmark index slipped 2.64 per cent in the final hour of trade, while the Hang Seng Tech index dropped...

HSBC brings stakeholders working 'Together for Climate'

2022-07-30 00:00:00

As a part of HSBC's initiatives for sustainability and to act on responsibilities as individuals and corporates, HSBC Bangladesh organised the first of the climate series events titled- Together for Climate with support from DNCC Monday, said a statement.This programme...

Ten cos account for 24pc of weekly turnover on DSE

2022-07-30 00:00:00

FE REPORTThe ten most-traded companies accounted for 24 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Beximco leading the turnover chart for a third straight week.Market insiders said Beximco -- the flagship company...

The '50th Board of Directors and 69th Bi-monthly meeting of Primary Dealers Bangladesh Limited

2022-07-30 00:00:00

The '50th Board of Directors and 69th Bi-monthly meeting of Primary Dealers Bangladesh Limited (PDBL)', organised by Mercantile Bank Limited, was held at a city hotel on Thursday. Md. Ataur Rahman Prodhan, Chairman of PDBL, and also CEO & Managing...

Weekly market review

2022-07-30 00:00:00

BABUL BARMANStocks continued their downtrend, tumbling for the fourth consecutive week to Thursday as growing concerns over an economic slowdown sapped investor sentiment.Market operators said panic-stricken investors resorted to relentless sell-offs as they apprehend that the market might fall further...

Sunak, Truss hold first clash in front of Tory MPs

2022-07-30 00:00:00

LEEDS, July 29 (AFP): British Conservatives Rishi Sunak and Liz Truss Thursday underwent their first grilling in front of party members as they wage a bitter duel to succeed Prime Minister Boris Johnson.The hustings in Leeds, northern England, was the...

Pakistan rains claim 357 lives in 5 weeks

2022-07-30 00:00:00

ISLAMABAD, July 29 (Xinhua): At least 357 people were killed and over 400 were injured as heavy monsoon rains continued to batter Pakistan for more than five weeks, the National Disaster Management Authority (NDMA) said Thursday.Besides human loss, infrastructure, road...

Palestinian teen shot dead by Israeli army in West Bank

2022-07-30 00:00:00

RAMALLAH, July 29 (AFP): A Palestinian teenager was killed on Friday in clashes with the Israeli army in the occupied West Bank, the Palestinian health ministry said.Amjad Nashaat Abu Alia, 16, "died of critical wounds sustained by live bullets in...

Russia attacks Kyiv area for first time in weeks

2022-07-30 00:00:00

KYIV, July 29 (AP/AFP): Russian forces launched a missile attack on the Kyiv area for the first time in weeks Thursday and pounded the northern Chernihiv region as well, in what Ukraine said was revenge for standing up to the...

Importance of 'reliability' for Bangladeshi industries to grow

Tareq Ahmed Robin | 2022-07-30 00:00:00

With the country's leading sector, Ready-Made Garment (RMG), our manufacturing industries have been on an upward trend over the last decade. The success in pharmaceutical, footwear, packaging, food processing, and petrochemical products have also contributed to our industries. It could...

Need for student unions

2022-07-30 00:00:00

Students should have the right to take action in favour of their education system. Voice needs to be raised against any violent crime or discrimination that happens in educational institutions. They need to take steps to protect their rights. Instead...

Handling cyber harassment against women

2022-07-30 00:00:00

Online harassment is a form of stalking or sending inappropriate and offensive photographs or messages in a pervasive way. It is a nuisance faced mainly by women and girls. Such harassment impedes their freedom and basic human rights. According to...