FE Today Logo

Search results for:


Practising democracy impossible keeping all powers in one person's hands: GM Quader

2022-08-28 00:00:00

Stating that constitutional dictatorship has been established in the country, Jatiya Party Chairman GM Quader on Saturday alleged that practising democracy is not possible when all powers are there in one person's hands, reports UNB. "Those who unfairly gave HM...

US sanctions on law enforcement officials lack specific information, says home minister

2022-08-28 00:00:00

Home Minister Asaduzzaman Khan Kamal has said that the United States has imposed sanctions on some Bangladeshi law enforcement officials without any specific information, reports UNB.The minister said this after attending a conference at the Pan Pacific Sonargaon Hotel in...

Left politicians now talking in BNP-Jamaat's tone: Amu

2022-08-28 00:00:00

Veteran Awami League (AL) leader Amir Hossain Amu on Saturday said nowadays the country's left politicians are making comments which are conflicting with their own political philosophy and principles, reports BSS."Leftists are making comments in the tone of BNP-Jamaat," he...

400 sued in three cases over Banskhali BNP-police clash

2022-08-28 00:00:00

CHATTOGRAM, Aug 27 (BSS): As many as three cases were filed against 400 people on Friday night in connection with the clash between the activists of Bangladesh Nationalist Party (BNP) and police in Banskhali upazila of the district which left...

BNP wants to grab power to bring Hawa Bhaban back: Quader

2022-08-28 00:00:00

Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Saturday said the main goal of BNP is to bring down the government so that it (BNP) can bring back 'Hawa Bhaban' in the country through...

Govt violates HR by legitimising IGP for UN summit: BNP

2022-08-28 00:00:00

BNP on Saturday accused the government of trying to give legitimacy to all the human rights violators by including Inspector General of Police Benazir Ahmed in Bangladesh's delegation to join the United Nations Chiefs of Police Summit in New York,...

Australia host Zimbabwe in early start to cricket season

2022-08-28 00:00:00

TOWNSVILLE, Australia, Aug 27 (AP): Australia has an early start to its summer season of cricket when Zimbabwe makes its first appearance for a one-day international series in the country since 2004.The teams will play three ODIs in seven days...

Asia Cup 2022 renamed hours before tournament opener

2022-08-28 00:00:00

Hours before the opening match between Sri Lanka and Afghanistan, the Asian Cricket Council (ACC) and DP World jointly announced a new title sponsorship that will see the upcoming six-nation men's T20 cricket tournament renamed as the DP World Asia...

Clash of the titans today

2022-08-28 00:00:00

There is no bigger game in cricket than the clash between arch-rivals India and Pakistan, and one is due today (Sunday). The two neighbouring nations, with a bitter cricketing history, will lock horns in the Asia T20 Cup, report agencies.India's...

Price hikes spread food insecurity fears in Pakistan

2022-08-28 00:00:00

LAHORE, Aug 27 (Express Tribune): Recent flooding coupled with an expected hike in price for raw materials has raised an alarm in the agriculture sector of Pakistan, depicting a bleak picture for the future of food security in the country.Food...

Tunis hosts Japan-Africa investment conference

2022-08-28 00:00:00

TUNIS, Aug 27 (AFP): Tunisia and Japan launched a pan-African investment conference on Saturday, seeking to counter the influence of rival China whose economic imprint on the continent has steadily grown.The conference takes place amid a "complex" international environment caused...

Central banks need to be decisive on inflation: IMF

2022-08-28 00:00:00

JACKSON HOLE, Aug 27 (Reuters): The tradeoffs facing global central bankers - between jobs, inflation and growth - are likely to get worse in coming years as the world struggles to right job markets and supply chains, and price pressures...

Energy crisis pushes nuclear comeback worldwide

2022-08-28 00:00:00

PARIS, Aug 27 (AFP): As the costs of importing energy soars worldwide and climate crises wreak havoc, interest in nuclear power is on the rise with nations scrambling to find alternative sources.Investment in nuclear power declined after Japan's 2011 Fukushima...

BD starts garment waste export to India

2022-08-28 00:00:00

MUNSHIGANJ, Aug 27 (UNB): A Bangladeshi-flagged ship has started its journey from Muktar-pur of Munshiganj to India carrying jhut, the scrap fabric produced by the RMG industry, for the first time in the country's history.The ship 'MV Razzaku' started its...

Power supply now better than last month: Nasrul

2022-08-28 00:00:00

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has claimed that the power supply situation has been better in the current month than that in the previous month, reports UNB."The power supply situation will further improve in the...

Banks mark National Mourning Day

2022-08-28 00:00:00

Meta's Facebook agrees to settle 4-year old data privacy lawsuit

2022-08-28 00:00:00

Meta Platforms Inc's Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties including Cambridge Analytica access the private data of users, a court filing showed, according to NDTV.The financial...

India's forex reserves slump to over 2-year low as RBI defends rupee to below 80

2022-08-28 00:00:00

India's forex reserves slumped to the lowest in over two years, marking the third straight week of decline as the Reserve Bank of India, true to its word, intervened to keep the rupee from weakening past 80 per dollar during...

Affirm's shares tumble after gloomy revenue forecast

2022-08-28 00:00:00

Shares of Affirm Holdings Inc tumbled 11% on Friday after the buy-now-pay-later lender forecast full-year revenue below Wall Street estimates, underscoring the broader downturn in the fortunes of the once high-flying fintech sector, reports Reuters.Rising rates, geopolitical turmoil and a...

Moscow Exchange plans to restart early morning FX trading in Sept

2022-08-28 00:00:00

MOSCOW, Aug 27 (Reuters): Moscow Exchange, Russia's largest bourse, on Friday said it intends to restart early morning trading for currencies and derivatives in September and to widen the trading hours of the Chinese yuan before the end of the...

Chairman of Ansar-VDP Unnayan Bank Major General AKM Nazmul Hasan, who is also Director General of Bangladesh Ansar and

2022-08-28 00:00:00

Chairman of Ansar-VDP Unnayan Bank Major General AKM Nazmul Hasan, who is also Director General of Bangladesh Ansar and VDP, held a views-exchange meeting with the bank's executives at the head office of the bank on Thursday. Managing Director of...

Global equity funds see large outflows

2022-08-28 00:00:00

Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on concerns that rate hikes would lead to a recession, reports Reuters.Investors were also wary ahead of the Federal Reserve's annual Jackson...

News Briefs28-08-2022

2022-08-28 00:00:00

Board meetingThe IBN SINA Pharma-ceutical Industry Ltd: A meeting of the board of directors will be held on September 05, 2022 at 2:30 PM to consider, among others, audited financial statements of the company for the year ended June 30,...

Romo Rouf new chairman of Bank Asia

2022-08-28 00:00:00

Romo Rouf Chowdhury has been elected Chairman of Bank Asia Ltd. in the 479th meeting of the bank's Board of Directors held on Thursday. Mr Chowdhury is one of the sponsor-shareholders as well as sponsor-directors of Bank Asia Ltd. He...

Under shadow of war, Porsche gears up for market debut

2022-08-28 00:00:00

HAMBURG/LONDON, Aug 27 (Reuters): Preliminary steps to list Porsche on the stock market are expected in the coming days, six people familiar with the matter said, adding executives at parent Volkswagen and family members were gathering to sell the idea...

An agreement was signed between Social Islami Bank Limited and Yashoda Hospitals, Hyderabad, India, recently. Mohammad Forkanullah, Deputy Managing Director

2022-08-28 00:00:00

An agreement was signed between Social Islami Bank Limited and Yashoda Hospitals, Hyderabad, India, recently. Mohammad Forkanullah, Deputy Managing Director of SIBL, and Keshov Gupta, SVP of Yashoda Hospitals signed the agreement in presence of Zafar Alam, Managing Director &...

Top four cos see 'unusual' price rise on DSE

FE REPORT | 2022-08-28 00:00:00

Four listed companies dominated the weekly gainers' chart of Dhaka Stock Exchange (DSE) last week, driven by unusual price rise in their shares. During the week, these firms' share prices jumped as high as 50.89 per cent on the DSE...

Most investors’ complaints addressed through CCAM

FE REPORT | 2022-08-28 00:00:00

Around 91.1 per cent of the investors' complaints submitted online have been addressed through the securities regulator's Customer Complaints Address Module (CCAM) in nearly three years.The Bangladesh Securities and Exchange Commission (BSEC) introduced the CCAM on September 30, 2019 and...

Md Jaker Hossain, director, SME & Special Programmes Department of the Bangladesh Bank, and Hassan O Rashid, managing

2022-08-28 00:00:00

Md Jaker Hossain, director, SME & Special Programmes Department of the Bangladesh Bank, and Hassan O Rashid, managing director and CEO, Prime Bank Limited, recently signed an agreement in presence of Abdur Rouf Talukder, governor of Bangladesh Bank, on providing...

Union Bank Limited has signed an agreement with Bangladesh Bank recently to disburse loans at 7.0 per cent profit rate under the

2022-08-28 00:00:00

Union Bank Limited has signed an agreement with Bangladesh Bank recently to disburse loans at 7.0 per cent profit rate under the 'Refinance scheme against term loans to cottage, micro, small and medium enterprises (CMSME) sector'. Governor of Bangladesh Bank...