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We've warned Myanmar against firing towards B’desh: Home minister

2022-09-11 00:00:00

Home Minister Asaduzzaman Khan Kamal said that the government has asked Myanmar to refrain from firing shots towards Bangladesh border, reports UNB."A few mortar shells landed on Bangladeshi soil from Myanmar recently. We've lodged strong protest from every level of...

Bangladesh Open University (BOU) Pro-vice chancellor Professor Dr Mahbuba Nasreen speaking at a discussion

2022-09-11 00:00:00

Bangladesh Open University (BOU) Pro-vice chancellor Professor Dr Mahbuba Nasreen speaking at a discussion on World Autism and Ecology Film Forum Bangladesh in the city on Saturday

BD logs another Covid death

2022-09-11 00:00:00

Bangladesh reported one more Covid-linked death and 222 cases in 24 hours until Saturday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,332 and caseload to 2,014,577, according to the Directorate General of Health Services (DGHS).The...

Rangpur farmers block road demanding urea

2022-09-11 00:00:00

RANGPUR, Sep 10 (UNB): Farmers of Pirganj upazila in Rangpur blocked the Rangpur-Dhaka Highway demanding urea fertiliser for around an hour causing immense suffering to the commuters on Saturday.Sources said several hundred farmers from different areas of the upazila gathered...

DGHS deluged with applications for fresh licence, renewal

2022-09-11 00:00:00

JUBAIR HASANThe health directorate is swamped with applications for fresh licence and renewal of private care-giving facilities following rounds of a countrywide crackdown on unauthorised health centres, officials said.To avoid unnecessary delays in exhausting formalities, the directorate has asked the...

Save Buriganga to protect Dhaka's environment

2022-09-11 00:00:00

FE REPORTEnvironmentalists and locals have made a call to the government to save the river Buriganga from pollution and encroachment, aiming to protect the environment of the capital Dhaka.Terming Buriganga the lifeline of the capital, they also have called for...

Soybean oil price may come down, says minister

2022-09-11 00:00:00

RANGPUR, Sept 10 (BSS): Commerce Minister Tipu Munshi has expressed optimism that the price of soybean oil may come down in the next one to two months. "Due to the high value of the US dollar, the price of daily...

Md Tofazzal Hossain, head of Compliance of Peninsula Asset Management Company Limited run by Sadharan Bima Corporation,

2022-09-11 00:00:00

Md Tofazzal Hossain, head of Compliance of Peninsula Asset Management Company Limited run by Sadharan Bima Corporation, handed over a cheque for Tk 4.48 million for Peninsula SBC Unit Fund-1 against the cash dividend of 8.0 per cent for financial...

Palmyra Fruit Festival in Ctg today

2022-09-11 00:00:00

OUR CORRESPONDENTCHATTOGRAM: The Asian University for Women (AUW) is organising a festival to showcase South Asian palm fruit at its campus today (Sunday).The university's Palmyra-Culture Research Group is holding the festival titled 'Palmyra Fruit Festival' with the help of the...

Food and Chemical Lab Expo in city today

2022-09-11 00:00:00

FE REPORTThe country's first 'Food and Chemical Lab Expo 2022' is going to kick off today (Sunday) in the city aiming to evaluate the testing and accreditation capacity of the country's labs, organisers said at a press meet on Saturday....

BASIC Bank opens new sub-branch: State-owned BASIC Bank Limited has opened its 'Patuakhali Sub-branch' at Mamtaz Super

2022-09-11 00:00:00

BASIC Bank opens new sub-branch: State-owned BASIC Bank Limited has opened its 'Patuakhali Sub-branch' at Mamtaz Super Market, Thana Para Road, in Patuakhali Sadar. Md Amin Ul Ahsan, Divisional Commissioner (Additional Secretary) of Barishal, along with Managing Director and CEO...

Anisul stresses quick disposal of default loan cases

2022-09-11 00:00:00

Law, Justice and Parliamentary Affairs Minister Anisul Huq on Saturday underlined the need for solving the default loan cases quickly to keep the country's economy vibrant, reports BSS."In the present global situation, we must have to unlock the knot of...

BGMEA pleads for stable politics

FE REPORT | 2022-09-11 00:00:00

Apparel makers on Saturday stressed political stability for sustainable export growth of the ready-made garment (RMG) sector amid a sluggish global demand due to high inflation in major markets."We'd be happy if we maintain 15-per cent growth for the RMG...

Indian rupee hits more than 1-week high

2022-09-11 00:00:00

MUMBAI, Sept 10 (Reuters): The Indian rupee hit a more than one-week high against the US currency on Friday, as the dollar index fell further from a two-decade high scaled earlier this week.The rupee was trading at 79.6350 per US...

US, Indo-Pacific countries to strengthen trade ties

2022-09-11 00:00:00

WASHINGTON, Sept 10 (Reuters): The United States (US) and 13 Indo-Pacific countries on Friday agreed on parameters for negotiating closer trade, environment and economic ties that US Commerce Secretary Gina Raimondo said would boost investment and jobs in the partner...

Walton brings Primo HM7

2022-09-11 00:00:00

Walton has launched its new smartphone Primo HM7 with a powerful processor, RAM, ROM, battery, and triple rear cameras, reports UNB.The price of the new device has been set at Tk 10,499 without value-added tax (VAT) and it comes in...

Essential Drugs Workers Union gets new president, GS

2022-09-11 00:00:00

Kazi Obaidur Rahman and Sardar Alamgir Hossain Dulal have recently been elected president and general secretary (GS) respectively of the CBA election of Essential Drugs Company Limited (EDCL), said a press release.Panel-3 of Essential Drugs Employees Unity Council (CBA) Reg...

VinFast hands over first electric SUVs, eyes US deliveries

2022-09-11 00:00:00

HAIPHONG, Sept 10 (Reuters): Vietnamese carmaker VinFast on Saturday began handing its first batch of 100 all-electric sport utility vehicles (SUVs) to local customers, with US deliveries of the vehicle due to begin as soon as December.VinFast, which began operations...

Musk says Twitter whistleblower payment to scrap merger

2022-09-11 00:00:00

WILMINGTON, Sept 10 (Reuters): Elon Musk contended that Twitter Inc's decision to pay millions of dollars to a whistleblower it had fired gives the world's richest person another justification for terminating his $44 billion agreement to buy the social media...

FBCCI signs MoU with AUW to award scholarships

2022-09-11 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) will award scholarships to 30 female students every year for higher education giving them an opportunity to study at the Asian University for Women (AUW), reports UNB.The apex trade body...

Nagad to disburse daily wages to 0.15m workers

2022-09-11 00:00:00

Nagad will disburse the daily wages to some 0.15 million workers under the Employment Generation Programme for the Poorest (EGPP) scheme of the Ministry of Disaster Management and Relief, reports BSS.A tripartite agreement was signed recently among the Directorate of...

ABB, BAFEDA meet today to set uniform dollar rate for banks

2022-09-11 00:00:00

Association of Bankers, Bangladesh (ABB) and Bangladesh Foreign Exchange Dealers' Association (BAFEADA) will meet again today (Sunday) to determine the uniform exchange rate of US dollar, reports UNB.They (ABB and BAFEDA) will then formally inform Bangladesh Bank of their decision...

Bank of England delays corporate bond sales by a week

2022-09-11 00:00:00

LONDON, Sept 10 (Reuters): The Bank of England said its planned sales of corporate bonds will start a week later than previously announced following the death of Queen Elizabeth, and the first operation will now be held on September 27.Earlier...

Porsche's Formula One plans stall as Red Bull talks collapse

2022-09-11 00:00:00

BERLIN, Sept 10 (Reuters): Porsche and Red Bull have ended talks over Porsche joining Formula One, but the German sports car brand remains interested in entering the racing series, it said on Friday."The two companies have now jointly come to...

Retail giant Aeon holding out as Japan dismantles controversial listings

2022-09-11 00:00:00

TOKYO, Sept 10 (Reuters): As many Japanese firms bow to pressure from shareholders and regulators to end the practice of listing subsidiaries - which critics say compromises corporate governance - one of the country's biggest retailers isn't buying it.Aeon Co...

More worries for US stocks, bonds

2022-09-11 00:00:00

NEW YORK, Sept 10 (Reuters): As the Federal Reserve accelerates the unwinding of its balance sheet this month, some investors worry that so-called quantitative tightening may weigh on the economy and make this year even more brutal for stocks and...

News Briefs (2022-09-11)

2022-09-11 00:00:00

Board meetingsSummit Power Limited: A board meeting of the company will be held on September 14, 2022 at 4:00 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2022.Eastern Housing Limited: A...

Modhumoti Bank meeting: The 66th meeting of the board of directors of Modhumoti Bank Limited was held on Saturday with

2022-09-11 00:00:00

Modhumoti Bank meeting: The 66th meeting of the board of directors of Modhumoti Bank Limited was held on Saturday with assistance of Zoom technology. Chairman of the bank Humayun Kabir, Vice-chairman Shaikh Salahuddin MP, Chairman of Executive Committee Barrister Sheikh...

Rate rise fears prompt global equity funds outflows

2022-09-11 00:00:00

Global equity funds remained out of favour in the seven days to Sept. 7 as a strong US services industry report fuelled concerns that the Federal Reserve would keep hiking interest rates to tame inflation, reports Reuters. Some investors had...

Euro zone bond yields jump

2022-09-11 00:00:00

LONDON, Sept 10 (Reuters): Euro zone bond yields jumped on Friday, after a report from the Financial Times that the European Central Bank could start discussions on shrinking its balance sheet in early October.The ECB hiked rates on Thursday by...