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PRAN-RFL bags 'Bangladesh Business Award-2021'

2022-09-04 00:00:00

PRAN-RFL Group, country's leading business conglomerate, received 'Bangladesh Business Award-2021' in recognition of its contribution in the business sector, says a press release. Planning Minister MA Mannan handed over the 'Bangladesh Business Award-2021' to PRAN-RFL Group Chairman and CEO Ahsan...

US confirms China tariffs to remain in place pending review

2022-09-04 00:00:00

WASHINGTON, Sept 03 (AFP): The US government confirmed Friday it will continue enforcing the tariffs on Chinese goods imposed by former president Donald Trump, following hundreds of requests from American companies.President Joe Biden had been considering how and whether to...

Volkswagen boards to discuss Porsche listing tomorrow

2022-09-04 00:00:00

BERLIN, Sept 3 (Reuters): Volkswagen's management and supervisory boards will meet on Monday to discuss whether the long-anticipated listing of sports car brand Porsche should go ahead in late September or early October, the carmaker said on Saturday.A decision will...

Russian stocks hit over 3-month high

2022-09-04 00:00:00

MOSCOW, Sept 3 (Reuters): Russia's benchmark MOEX stock index climbed to its highest in more than three months on Friday, as investors bet on other companies following Gazprom's lead in recommending dividends, while the weakened towards 61 against the dollar...

SoftBank to cut at least 20pc of Vision Fund staff

2022-09-04 00:00:00

TOKYO, Sept 3 (Reuters): SoftBank Group Corp plans to cut at least 20 per cent of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after Chief Executive Masayoshi Son pledged to cut costs after a record $50...

China securities regulator says will implement Sino-US audit deal

2022-09-04 00:00:00

BEIJING/SHANGHAI, Sept 3 (Reuters): China will implement an audit agreement with the United States announced last week and will strengthen communication with foreign investors, a senior Chinese securities regulatory official said on Friday.Fang Xinghai, vice chairman of the China Securities...

Tata Play may file for IPO this month

2022-09-04 00:00:00

MUMBAI, Sept 3: Tata Sky, the satellite television business of the Tata group, which was rebranded as Tata Play Ltd at the start of the year, is likely to file the draft prospectus for its initial public offering by the...

UK hedge fund founder charged in New York

2022-09-04 00:00:00

NEW YORK, Sept 3 (Reuters): The co-founder and chief investment officer of a prominent London hedge fund was charged on Thursday with fraudulently manipulating the US dollar-South African rand exchange rate in order to trigger a $20 million payment, US...

News Briefs 04/09/2022

2022-09-04 00:00:00

Board meetingApex Tannery Limited: A board meeting of the company will be held on September 08, 2022 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended June 30, 2022.Query responseNational Tea Company...

Modhumoti Bank Limited organised the 'BAMLCO Conference-2022' on a virtual platform on Saturday. Md Masud Biswas, Head of

2022-09-04 00:00:00

Modhumoti Bank Limited organised the 'BAMLCO Conference-2022' on a virtual platform on Saturday. Md Masud Biswas, Head of Bangladesh Financial Intelligence Unit (BFIU), inaugurated the event as the chief guest while Humayun Kabir, Chairman of Modhumoti Bank, was present as...

Social Islami Bank Limited held the 'Branch Anti-Money Laundering Compliance Officer (BAMLCO) Conference-2022' on a virtual

2022-09-04 00:00:00

Social Islami Bank Limited held the 'Branch Anti-Money Laundering Compliance Officer (BAMLCO) Conference-2022' on a virtual platform recently. Md Masud Biswas, Head of Bangladesh Financial Intelligence Unit (BFIU), inaugurated the conference as the chief guest while Zafar Alam, Managing Director...

DSE block trades on the rise

2022-09-04 00:00:00

FE ReportDhaka Stock Exchange (DSE) has witnessed increased transactions on its block board platform in step with the surge in turnover on its main board.The daily turnover on the main board of the premier bourse soared as high as Tk...

Bank Asia teams up with BDBL to expand remittance services

2022-09-04 00:00:00

Bank Asia Ltd has entered into an agreement with Bangladesh Development Bank Limited (BDBL) for widening foreign remittance services, said a statement. Adil Chowdhury, President & Managing Director (CC) of Bank Asia, and Kazi Alamgir, Managing Director & CEO, BDBL,...

Empty-handed Tigers return home

2022-09-04 00:00:00

Bangladesh national cricket team returned home on Saturday after their disastrous performance in the Asia Cup T20 in the UAE, reports UNB.Bangladesh played two matches in the event in Group B and lost both matches against Afghanistan and Sri Lanka....

India, Pakistan gear up for another showdown today

2022-09-04 00:00:00

DUBAI, Sept 03 (Agencies): Exactly a week ago, there was a lot of hype around India and Pakistan meeting each other in Dubai in the Group stages of the Asia Cup 2022. It was also one of those rare occasions...

BGB seizes drugs worth Tk 120m in Cox's Bazar

2022-09-04 00:00:00

Border Guard Bangladesh (BGB) claimed on Saturday to have seized banned drugs worth nearly Tk 120 million (12 crore) from Cox's Bazar's Teknaf upazila, reports UNB.Acting on a tip off, a special patrol team of BGB conducted a drive in...

Two business establishments fined Tk 11,000 in Bogura

2022-09-04 00:00:00

BOGURA, Sept 03 (BSS): A team of Directorate of National Consumer Rights Protection (DNCRP), in a drive, on Saturday realised Taka 11,000 as fine from the owners of two business establishments at Ranbagha Bazar in Nandigram upazila of the district.Sources...

Many become self-reliant thru duck rearing

2022-09-04 00:00:00

RAJSHAHI, Sept 03 (BSS): Ashraful Islam has become an icon in his locality in terms of attaining economic emancipation side by side with boosting his level of confidence through duck farming for the last couple of years.A resident of Buzrukula...

Bodies of two youths found in Buriganga, Turag rivers

2022-09-04 00:00:00

Police have recovered bodies of two youths from the Buriganga and Turag rivers in the city, reports UNB.Mohammad Abdul Halim, a Sub-Inspector (SI) of River Police's Basila outpost, said that a body was found from Buriganga river's Kamrangirchar point on...

Father sent to jail in daughter’s suicide case in city

2022-09-04 00:00:00

A Dhaka Court on Saturday sent Shaheen Alam, 48, father of a female student of BRAC University- who committed suicide in city’s Dakkhin Khan area on August 27, to jail for allegedly abetting the suicide, reports BSS.As Alam was produced...

Sylhet, Ctg road accidents kill four

2022-09-04 00:00:00

A total of four persons were killed in separate road accidents in Sylhet and Chattogram districts on Saturday and Friday night, reports bdnews24.comIn Sylhet, an elderly couple are among three dead after a head-on collision between a pickup van and...

Bridge left without approach roads for long 12 years

2022-09-04 00:00:00

OUR CORRESPONDENTCOX'S BAZAR, Sept 03: A bridge connecting Sonadia Island to Moheskhali upazila of Cox's Bazar was built around 12 years ago, but it has been lying unused as there is no approach road on either side of it.About two...

Rajapaksa returns home: Will stay at govt-allocated house

2022-09-04 00:00:00

COLOMBO, Sept 03 (AP): Sri Lanka's former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in a display of anger over the country's economic crisis, has returned to...

Turkey can mediate in Ukraine N plant standoff: Erdogan

2022-09-04 00:00:00

ISTANBUL, Sept 03 (AFP): Turkey can mediate in a standoff over Ukraine's Zaporizhzhia nuclear power station which is occupied by Moscow's troops, President Recep Tayyip Erdogan told Russian counterpart Vladimir Putin on Saturday."President Erdogan stated that Turkey can play a...

Trump’s FBI search inventory reveals new details

2022-09-04 00:00:00

WASHINGTON, Sept 03 (AP): Along with highly classified government documents, the FBI agents who searched former President Donald Trump's Florida estate found dozens of empty folders marked classified but with nothing inside and no explanation of what might have been...

Mourners pay respects to Gorbachev

2022-09-04 00:00:00

MOSCOW, Sept 03 (BBC): Mourners in Moscow have been paying their last respects to Mikhail Gorbachev, the last Soviet leader who brought the Cold War to a peaceful end.Inside the Columned Hall of the House of Unions, sombre music is...

Iran briefly seizes 2 US Navy drone vessels

2022-09-04 00:00:00

TEHRAN, Sept 03 (AFP): An Iranian naval flotilla briefly seized two American military unmanned research vessels in the Red Sea before releasing them, Iranian state media reported on Friday.The Iranian navy's "Jamaran destroyer encountered several American military unmanned research vessels...

Economic crisis in the European Union

Muhammad Mahmood | 2022-09-04 00:00:00

The European Union (EU) plus the UK in terms of economic mass practically represents Europe. Therefore, the EU and Europe is used interchangeably in this article. The EU now has a population of 448 million with 27 member countries down...

Promoting balanced use of fertilisers

2022-09-04 00:00:00

Substantial and sustainable promotion of balanced use of fertilisers is essential. It can be the best way of protecting soil health from further degradation. It will also boost crop production to ensure food security. Thus, habituating the grassroots farmers towards...

Disappointing performance in Asia Cup

2022-09-04 00:00:00

The performance of the Bangladesh cricket team in the T-20 Asia Cup was devastating. Tigers face back-to-back defeats against Afghanistan and Sri Lanka. Afghanistan showcased their T20 credentials as they beat Bangladesh by seven wickets. Sri Lanka also pulled off...