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Prayer Timings (2022-09-07)

2022-09-07 00:00:00

BB eases rules on export proceeds

SIDDIQUE ISLAM | 2022-09-07 00:00:00

Authorized dealer (AD) banks can retain value-added portion of export proceeds for 30 days instead of 15 days under a further relaxation of rules, for propping up Bangladesh's forex reserves. The central bank relaxed its regulations again on the encashment...

Import clearing hops over 25-32 stops

DOULOT AKTER MALA | 2022-09-07 00:00:00

Import clearing needs to hop over 25-32 stops at major ports in Bangladesh for lack of coordination among authorities, says a study report, thus slowing delivery of goods.Importers have to complete import-clearing process passing through 32 steps at Chattogram seaport...

Coins crunch creates problem in consumer shopping

JASIM UDDIN HAROON | 2022-09-07 00:00:00

Forhad Hossain goes to Dhaka's Kaptan Bazar kitchen market almost every passing day for shopping. There he has been facing severe shortages of lower-denomination coins and currencies for long.The crunch used to involve Tk 1.0 and Tk 2.0. And now...

Liz Truss becomes UK PM

2022-09-07 00:00:00

LONDON, Sept 6 (Reuters): Liz Truss took over as British prime minister on Tuesday, facing one of the most daunting set of challenges for an incoming leader in post-War history led by soaring energy bills, a looming recession and industrial...

Govt to buy more food-grains from abroad

FE REPORT | 2022-09-07 00:00:00

The government is preparing to buy more food-grains from the global market to cope with possible fall in rice output in this Aman season, Food Minister Shadhan Chandra Majumder said at a press briefing on Monday.The ministry organised the briefing...

Talks on CEPA soon to boost BD's export to India: Modi

2022-09-07 00:00:00

NEW DELHI, Sept 6 (UNB): Indian Prime Minister Narendra Modi on Tuesday said rising energy prices are presently posing a challenge to all developing countries and fruitful talks between Bangladesh and India are underway on connecting power transmission lines."The unveiling...

Teesta treaty will be signed soon, PM hopes

2022-09-07 00:00:00

NEW DELHI, Sept 6 (BSS): Prime Minister Sheikh Hasina on Tuesday called bilateral relations between Bangladesh-India role model for neighborhood diplomacy, hoping all the outstanding issues, including Teesta Water Sharing Treaty will be resolved soon likewise many issues solved in...

Dhaka, Delhi sign seven deals and unveil projects

2022-09-07 00:00:00

NEW DELHI, Sept 6: Bangladesh and India on Tuesday signed seven accords demonstrating cooperation in a number of areas, including water sharing of the Kushiyara River.One of the memorandums of understanding (MoUs) was signed between the Ministry of Water Resources,...

Weather (2022-09-07)

2022-09-07 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rajshahi, Rangpur, Mymensingh, Khulna and Sylhet divisions in the next 24 hours from 06:00 am today (Wednesday), according to the Met Office.Day...

BD logs one more Covid death, 313 cases

2022-09-07 00:00:00

Bangladesh reported one more Covid-linked death and 313 cases in 24 hours until Tuesday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,329 and caseload to 2,013,407, according to the Directorate General of Health Services.The daily...

Death anniv of Anawerul Haq today

2022-09-07 00:00:00

The first death anniversary of Engineer Syed Anawerul Haq will be observed at his residence in Madaripur today (Wednesday), says a statement. Mr Anawerul Haq played a pioneering role in the field of natural gas and mineral resources. He was...

Dengue claims five more lives

2022-09-07 00:00:00

Five more dengue patients died in 24 hours until Tuesday morning, raising this year's death toll from the mosquito-borne disease to 31, reports UNB.During this period, 284 more people were hospitalised with the viral fever as cases have continued to...

DSCC removes illegal makeshift shops in city’s New Market area

FE REPORT | 2022-09-07 00:00:00

The authorities of Dhaka South City Corporation (DSCC) carried out a drive against illegally-built makeshift shops at the New Market in Dhaka city on Monday.Executive magistrates of DSCC Md Moniruzzaman and Afifa Khan led the drive that removed over 100...

PM pays rich tributes to Mahatma Gandhi

2022-09-07 00:00:00

NEW DELHI, Sept 06, 2022 (BSS): Prime Minister (PM) Sheikh Hasina on Tuesday paid glowing homage to India's Father of the Nation Mahatma Gandhi by placing a wreath on his Samadhi at Raj Ghat.She stood in solemn silence for some...

Industry fears serious fallout, as anti-tobacco camps rejoice

FE REPORT | 2022-09-07 00:00:00

The move to further amend the Smoking and Tobacco Products Usage (Control) Act of 2005 (Amended in 2013) has evoked mixed reaction.Stakeholders concerned believe that the adoption of the proposed amendments by Parliament would hit the largest tax revenue-paying industry...

Graft in hiring Biman pilots to invite action

2022-09-07 00:00:00

Action will be taken over allegations of corruption and nepotism in recruitment of Biman Bangladesh Airlines pilots, state minister for civil aviation and tourism Md Mahbub Ali warned on Tuesday, reports UNB.He was speaking at the 'BSRF Dialogue' organised by...

DGM of KGDCL gets bail, wife sent to jail

2022-09-07 00:00:00

CHATTOGRAM, Sept 06 (UNB): A Chattogram court on Tuesday granted bail to Anis Uddin, deputy general manager of Karnaphuli Gas Distribution Company Limited (KGDCL) in a graft case.Chattogram Metropolitan Session Judge Begum Jebunnessa passed the order when he surrendered before...

Freedom fighters get smart ID cards in Joypurhat

2022-09-07 00:00:00

JOYPURHAT, Sept 06 (BSS): A total of 187 valiant freedom fighters of Panchbibi upazila in the district today received smart ID cards and digital certificates.Member of Parliament for Joypurhat-1 constituency Advocate Shamsul Alam Dudu handed over the smart cards and...

Over 400 BNP activists booked in connection with Faridpur clash

2022-09-07 00:00:00

FARIDPUR, Sept 06 (UNB): Over 400 activists of BNP and its affiliated outfits have been booked in connection with a clash during a rally organised to mark the main opposition party's 44th foundation day.An FIR was lodged at Faridpur Kotwali...

BD's all gains from India came during AL rule

2022-09-07 00:00:00

Information and Broadcasting Minister Dr Hasan Mahmud on Tuesday said whatever Bangladesh got from India were achieved by Awami League and incumbent Prime Minister Sheikh Hasina while BNP had forgotten to talk about the country when they visited the neighbouring...

Govt fails to resolve issues with India: Fakhrul

2022-09-07 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Tuesday said the current Awami League government has failed to resolve the outstanding issues with India as it lacks public support, reports UNB."Bangladesh government has not been able to solve the common...

European stocks climb --

2022-09-07 00:00:00

LONDON, Sept 6 (AFP): European stocks rose on Tuesday but gains were capped by Europe's worsening energy crisis, economic slowdown fears and central bank efforts to contain surging inflation.Frankfurt, London and Paris equities carved out gains nearing the half-way stage,...

China-focused hedge funds lower exposure as risks mount

2022-09-07 00:00:00

HONG KONG, Sept 6 (Reuters): Some of Asia's large China-focused hedge funds are buying more non-China stocks as regulatory scrutiny, policy uncertainties and a slowing mainland economy force them to cut exposure to offshore Chinese assets.Beijing's clampdown on technology companies,...

News Briefs (2022-09-07)

2022-09-07 00:00:00

Board meetingBangladesh Industrial Finance Co Limited: A board meeting of the company will be held on September 13, 2022 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended on December 31, 2020....

Modhumoti Bank holds audit committee meeting ---

2022-09-07 00:00:00

The 37th meeting of the audit committee of the board of directors of Modhumoti Bank Limited was held on Tuesday with assistance of Zoom technology. The meeting was presided over by Shaikh Salahuddin, MP, Chairman of audit committee and Vice-Chairman...

59th Foundation Training Course for Business Officers of Bank Asia

2022-09-07 00:00:00

The 59th Foundation Training Course for the Business Officers of Channel Banking Division of Bank Asia has been completed recently. Md Sazzad Hossain, DMD & COO of the bank, gave away certificates among 50 officers at the concluding ceremony of...

Dr Mohammed Haider Ali Miah received Vocational Excellence Award

2022-09-07 00:00:00

Managing Director and CEO of Exim Bank Dr Mohammed Haider Ali Miah has received Vocational Excellence Award from Rotary Club of Uttara. Commerce Minister Tipu Munshi handed over the award to him at a programme held at Uttara Club recently.

Summit helps fundraise for migrants

2022-09-07 00:00:00

In an effort to fundraise for the Migrant Workers' Welfare Fund, HOME in Singapore, Summit with the Tagore Society Singapore organised a charity concert performed by Shama Rahman, a global ambassador of Rabindra Sangeet, says a statement. All the proceedings...

Ibn Sina to transfer net assets of Tk 208m to its subsidiary

FE REPORT | 2022-09-07 00:00:00

The Ibn Sina Pharmaceutical Industry, a listed company, will transfer net assets of over Tk 208.16 million of its natural medicine division to its subsidiary company, The Ibn Sina Natural Medicine.The company's board of directors has taken the decision on...