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Institutions will decide on student politics: Dipu Moni

2022-09-06 00:00:00

Education Minister Dipu Moni said on Monday the educational institutions will decide whether or not to allow student politics on the campus, reports UNB."The outcome of banning student politics in educational institutions is not usually good. This should also be...

PM's previous India visits were disappointing: Fakhrul

2022-09-06 00:00:00

Stating that the outcomes of Prime Minister Sheikh Hasina's previous India tours were disappointing for the nation, BNP Secretary General Mirza Fakhrul Islam Alamgir has said they want to see what she achieves this time during her four-day visit, reports...

Indian shares end higher -----

2022-09-06 00:00:00

BENGALURU, Sept 5 (Reuters): Indian shares closed higher on Monday on gains in metals and banking stocks after logging their second straight weekly loss in the previous session. The NSE Nifty 50 index was up 0.72 per cent at 17,665.80...

UK-based investors pull record $2.2b from equity funds in August

2022-09-06 00:00:00

LONDON, Sept 5 (Reuters): UK-based investors pulled a record net 1.93 billion pounds ($2.23 billion) from equity funds last month, surpassing records set in the aftermath of Britain's vote to leave the European Union in 2016, fund network Calastone said...

European stocks tumble as Russia fuels energy crisis

2022-09-06 00:00:00

LONDON, Sept 5 (AFP): European stocks tumbled Monday and the euro hit a new 20-year dollar low on energy crisis fears, after Russia said it would not restart gas flows to Germany and effectively most of the continent.Natural gas prices...

News Briefs (2022-09-06)

2022-09-06 00:00:00

Disbursement of dividend Krishibid Feed Limited: The company has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.Suspension of tradingTrading of the units of AB Bank 1st Mutual Fund, EBL NRB Mutual Fund, PHP...

KSA working to localise 18 professions

2022-09-06 00:00:00

RIYADH, Sept 05 (Arab News): Saudi Arabia is working to localize 18 professions over the next year, as the Kingdom steadily progresses in its efforts to create more jobs in line with Vision 2030, according to Saudi Transport Minister Saleh...

China's 2022 property sector outlook worsens

2022-09-06 00:00:00

BEIJING, Sept 05 (Reuters): Woes in China's residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on a faster drop in property sales than...

Md Abdus Salam presiding over Task Force meeting of Janata Bank

2022-09-06 00:00:00

Janata Bank Limited Managing Director and CEO Md Abdus Salam presiding over the Task Force meeting of the bank at its head office in the city on Monday

Uttara Motors launches all-new N-Series models of Isuzu trucks

2022-09-06 00:00:00

Uttara Motors Limited, the sole distributor of Japanese Commercial Vehicle Brand, has recently launched the all-new N-Series models of Isuzu trucks with latest Japanese technology in Bangladessh, said a press release. Chief Operating Officer (Isuzu) of Uttara Motors Ltd Col...

97th Board meeting of Crystal Insurance Company held

2022-09-06 00:00:00

The 97th meeting of the Board of Directors of Crystal Insurance Company Limited was held at the Board Room of company's corporate office in Dhaka on Sunday. Chairman of the company Abdullah Al-Mahmud (Mahin) presided over the meeting. Diorectors AHM...

AIBL opened 202nd branch at Bagerhat Sadar

2022-09-06 00:00:00

Al-Arafah Islami Bank Limited (AIBL) has opened its 202nd branch at Bagerhat Sadar on Monday. The bank's Board Executive Committee Chairman Abdus Samad Labu inaugurated the new branch as the chief guest while Director Md Anowar Hossain and CEO of...

Islami Bank Bangladesh organised a views-exchange meeting ---

2022-09-06 00:00:00

Islami Bank Bangladesh Limited organised a views-exchange meeting with Bangladeshi expatriates in Abu Dhabi, UAE, recently. Mohammed Monirul Moula, Managing Director and CEO of the bank was present as the chief guest. Muhammad Mizanur Rahman, Deputy Chief of Mission, and...

'IFIC Freelancer Service Package'

2022-09-06 00:00:00

IFIC Bank has launched the 'IFIC Freelancer Service Package' for freelancers working in Bangladesh to bring their income earned from abroad into their bank accounts quickly and provide them with all kinds of banking services. Chairman of IFIC Bank and...

WB likely to invest in Bay Terminal project: Officials

NAZIMUDDIN SHYAMOL | 2022-09-06 00:00:00

CHATTOGRAM, Sept 05: The World Bank has expressed its interest to invest in the under-construction multi-billion taka Bay Terminal project, an official at the Chittagong Port Authority (CPA) said on Monday. The official seeking anonymity as he was not authorised...

JMI Hospital Requisite Mfg. tops turnover chart after two months

FE REPORT | 2022-09-06 00:00:00

Ten most-traded stocks accounted for one-third transactions of the Dhaka Stock Exchange (DSE) on Monday, with JMI Hospital Requisite Manufacturing Ltd. dominating the turnover list.The medical equipment manufacturer topped the prime bourse's turnover list after almost two months as investors...

Stocks succumb to profit taking

FE REPORT | 2022-09-06 00:00:00

The benchmark equity index dropped further on Monday, extending the losing streak for a second straight session as shaky investors rushed to lock in profits from quick-gaining stocks.The market witnessed see-saw trading right from the start of the session, which...

Euro zone business activity contracted again in August

2022-09-06 00:00:00

LONDON, Sept 05 (Reuters): Euro zone business activity contracted for a second month in August as demand sank, with customers wary of the deepening cost of living crisis and gloomy economic outlook curtailing their purchases, a survey showed.S&P Global's final...

Turkey's inflation stays at 80pc in boost to Erdogan

2022-09-06 00:00:00

ISTANBUL, Sept 05 (AFP): Turkey's official inflation rate barely changed on Monday in a sign that a year-long crisis that has seen prices soar by 80 per cent may finally be starting to ease.The TUIK state statistics agency said that...

China central bank to cut FX reserve

2022-09-06 00:00:00

SHANGHAI, Sept 05 (Reuters): China's central bank said on Monday it will cut the amount of foreign exchange reserves that financial institutions must hold, a move seen as aimed at slowing the yuan's recent depreciation.The People's Bank of China said...

Kazi Kamal Uddin Ahmed inaugurated sub-branch of National Bank

2022-09-06 00:00:00

Senior Executive Vice President (SEVP) of National Bank Limited Kazi Kamal Uddin Ahmed inaugurated a sub-branch of the bank at Rajendrapur Bazar in Keranjiganj upazila of Dhaka on Monday.

BD takes part in German fish fair

2022-09-06 00:00:00

A three-day "Inter-national Fish Fair" was inaugurated at Bremen in Germany on Sunday, reports BSS.Md Mosharraf Hossain Bhuiyan, Ambassador of Bangladesh in Germany, inaugurated the Bangladesh pavilion in the fair, said a press release here on Monday.For the very first...

Citi named best bank in Asia

2022-09-06 00:00:00

Citi has been adjudged Asia's Best Bank for 2022 at the Euromoney Awards for Excellence, says a press release.The award, decided by the editors of the magazine, recognises the bank that has made the most progress in the region over...

Amir chairman, Halima Harun vice-chairman of Express Ins

2022-09-06 00:00:00

Amir Hamza Sarker was elected chairman and Halima Harun vice-chairman of Express Insurance Limited, says a press release.The decisions were made at the 292nd meeting of the board of directors held recently.Amir Hamza Sarker is one of the sponsor directors...

ShareTrip, GP join hands to offer travel privileges

2022-09-06 00:00:00

ShareTrip and Grameenphone have signed a long-term contract offering an array of benefits for their customers, according to a statement. The agreement is designed to enhance additional benefits for Grameenphone users, where they can enjoy irresistible offers and discounts on...

KSRM increases salaries of 4,000 staff members amid rising commodity prices

OUR CORRESPONDENT | 2022-09-06 00:00:00

CHATTOGRAM, Sept 05: Kabir Steel Re-Rolling Mills (KSRM), one of the leading business conglomerates in the country, awarded a special increment to its 4,000 low-income employees to help them cope with ongoing inflation and the hike in commodity prices. The...

Pattern of migration to Japan comes under survey

FE REPORT | 2022-09-06 00:00:00

A Japanese team is visiting Bangladesh now to conduct a research on Bangladeshis' migration pattern to Japan. This research project, titled 'Global Migration and Transnational Networks,' commenced at the College of Sociology, Rikkyo University, Japan, in April 2014, with support...

Forex rate stable after BB tightens spending

2022-09-06 00:00:00

Bangladesh Bank's move to curb foreign currency spending has resulted in stability in the market after a jump in the exchange rate over the last four months, reports UNB.Through several regulatory measures against some banks and money exchange houses, the...

Australia face NZ in 1st ODI today

2022-09-06 00:00:00

MELBOURNE, Sept 05 (Reuters): Australia captain Aaron Finch will hope Saturday's debacle against Zimbabwe has served as the perfect wake-up call for his team heading into the three-match one-day international series against a formidable New Zealand on Tuesday.The Chappell-Hadlee series...

Kyrgios ends Medvedev's reign

2022-09-06 00:00:00

NEW YORK, Sept 05 (AFP): Australia's Nick Kyrgios sent defending champion Daniil Medvedev tumbling out of the US Open on Sunday as US teenager Coco Gauff reached the quarter-finals for the first time.The notoriously temperamental 23rd-seeded Kyrgios produced some scintillating...