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Hydrogen peroxide export boost likely ahead

FE REPORT | 2022-08-13 00:00:00

Bangladesh's key chemical export item--hydrogen peroxide--may see a trade boost as the Port of Singapore has lifted shipment restrictions prompted by a tragedy.PSA Corporation Ltd, the port authority of the island state, on August 10 lifted the embargo with immediate...

S Korea pardons Samsung boss 'to help economy'

2022-08-13 00:00:00

SEOUL, Aug 12: The heir and de facto leader of Samsung group received a presidential pardon Friday, the latest example of South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds, reports AFP.Billionaire Lee Jae-yong, who...

Farm exports fare bright in BD trade

FHM HUMAYAN KABIR | 2022-08-13 00:00:00

Agricultural-product export shines bright in Bangladesh's export basket with its proceeds crossing billion-dollar mark, insiders say, raising hopes for the country's overall external trade to see a boost.In the last fiscal year (FY) 2021-22, the agricultural goods and relevant processed...

India may lift anti-dumping duty on Bangladeshi jute exports

SYFUL ISLAM | 2022-08-13 00:00:00

India is likely to remove anti-dumping duty on Bangladeshi jute-goods export next month over five years after the bigger trade partner had slapped the levy to plug the fibre shipments. The announcement may come during the New Delhi visit of...

Weather (2022-08-13)

2022-08-13 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at a few places over Khulna, Barishal, Chattogram and Sylhet divisions and at one or two places over Rangpur, Rajshahi, Dhaka and Mymensingh divisions with moderately...

Internet cables hanging from electric poles

2022-08-13 00:00:00

Internet cables hanging from electric poles may cause a fatal accident any moment. The photograph was taken from Dilkusha area in the city on Friday — FE photo

News in Brief-(2022-08-13)

2022-08-13 00:00:00

DU 1st-year hons classes begin Sep 7The authorities of Dhaka University (DU) announced on Thursday that first year hon urs classes of the academic session 2021-22 will begin on September 7 (Wednesday). This decision was taken at the meeting of...

Mugger held over trader's murder at Uttara ATM booth

FE REPORT | 2022-08-13 00:00:00

A trader was stabbed to death by a mugger in the Uttara area in the capital early Friday. The deceased was identified as Sharif Ullah (45), a tiles businessman.An official of Uttara West Police Station told the FE that the...

Autorickshaw driver killed in city road accident

2022-08-13 00:00:00

An autorickshaw driver has died after a speeding car hit the three-wheeler in the city's Banani, reports bdnews24.com..The incident occurred near the Army Stadium around 2:00 am on Friday.The victim is 50-year-old Md Shahidul Islam.Two passengers on the autorickshaw, 45-year-old...

Husband held for killing doctor wife

2022-08-13 00:00:00

The Rapid Action Battalion (RAB) have arrested a man on charges of killing a doctor inside a hotel room in the city's Panthapath, reports bdnews24.com. The suspect, 31-year-old Rezaul Karim, had secretly married the victim two years ago after an...

Govt plans two-day weekly holiday in educational instts to save power

2022-08-13 00:00:00

The government plans to introduce a two-day weekly holiday in educational institutions across the country soon to save energy, said Education Minister Dipu Moni on Friday, report agenciesA two-day weekend is set to be introduced in 2023, she said. "We...

Take action against errant filling stations: DNCRP

FE REPORT | 2022-08-13 00:00:00

The Directorate of National Consumer Rights Protection (DNCRP) has asked the chief explosives inspector to take action against illegal filling stations across the country aimed at curbing irregularities.It has recently written to the authority concerned to take necessary steps in...

Financial penalty, if extra fares realised

FE REPORT | 2022-08-13 00:00:00

Bus operators will face financial penalty if they realise extra fares from passengers by flouting the revised fare charts, said Chairman of Bangladesh Road Transport Authority (BRTA) Nur Mohammad Mazumder."BRTA has taken appropriate measures to check extra fares allegedly being...

Turn youth into skilled workforce: TIB

FE REPORT | 2022-08-13 00:00:00

Transparency International Bangladesh (TIB) has called for the creation of a suitable environment to effectively utilise the huge population for the sake of the country's national development.One fifth of the total population of the country remains youth, but the unemployment...

Nagorik Oikya convener Mahmudur Rahman Manna speaking at a discussion

2022-08-13 00:00:00

Nagorik Oikya convener Mahmudur Rahman Manna speaking at a discussion on fuel oil price hike at the Jatiya Press Club in the city on Friday. Jatiya Ganotantrik Party organised the event. — Focus Bangla

AL won't let BNP set the stage for another August 15: Hasan

2022-08-13 00:00:00

Information and Broadcasting Minister Hasan Mahmud on Friday said BNP is trying to set the stage for another "August 15," when Father of the Nation Bangabandhu Sheikh Mujibur Rahman and most of his family members were assassinated in 1975, reports...

AL-BNP clash leaves 20 injured in Feni

2022-08-13 00:00:00

FENI, Aug 12 (UNB): At least 20 people were injured in a sporadic clash between activists of the ruling Awami League (AL) and opposition BNP during a protest rally of BNP in the Trunk Road area of the town on...

Govt to be washed away by people's tsunami: Fakhrul

2022-08-13 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Friday warned the Awami League government will be washed away by a tsunami of public anger over what he called its 'fascist' rule, reports UNB. "Their (govt's) fall is inevitable as people...

BNP wants to make BD a failed state through ill-politics: Quader

2022-08-13 00:00:00

Awami League General Secretary Obaidul Quader on Friday said Bangladesh Nationalist Party (BNP) wants to make Bangladesh a failed state in a planned way through their ill-politics."If the AL workers come down to the street, the BNP men will not...

J&J to end global sales of talc-based baby powder

2022-08-13 00:00:00

Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended US sales of a product that drew thousands of consumer safety lawsuits, reports Reuters."As part of...

UK economy closes in on recession

2022-08-13 00:00:00

LONDON, Aug 12 (AFP): Britain's economy shrank in the second quarter, official data showed Friday, as the country heads towards recession under a new prime minister.UK gross domestic product dropped 0.1 percent in the April-June period after a rise of...

Road show on ICB AMCL CMSF Golden Jubilee MF IPO held

2022-08-13 00:00:00

A road show was held in Chattogram on Thursday on the initial public offering (IPO) of the ICB AMCL CMSF Golden Jubilee Mutual Fund, says a press release.The mutual fund has been formed by the Capital Market Stabilisation Fund (CMSF)...

Asian Paints envisions full décor care in BD

JUBAIR HASAN | 2022-08-13 00:00:00

Asian Paints wants to make its footprint stronger with providing a comprehensive décor solution in the growing home painting market, Asian Paints Global International CEO Pragyan Kumar says.The Mumbai-based multinational thereby keeps investing in quality products targeting various consumer segments...

Call for cash incentive for chilled fish exports

FE REPORT | 2022-08-13 00:00:00

A state body suggests supplying cash incentive to exporters of chilled fish with an eye to helping boost export of the sector.The Business Promotion Council (BPC) under commerce ministry currently offers different initiatives to boost export growth.It has recently requested...

Abrdn buys stake in digital assets exchange Archax

2022-08-13 00:00:00

British asset manager abrdn has bought a stake in digital assets exchange Archax, amid a wider push by investors into crypto-assets despite a recent plunge in value. The stake, acquired for an undisclosed sum, gives abrdn a seat on the...

India shares post fourth straight weekly gain

2022-08-13 00:00:00

Indian shares extended gains from previous trading sessions on Friday to post their fourth weekly addition, fuelled by metal and energy stocks, while investors awaited domestic inflation data for July. The Consumer Price Index (CPI) data is scheduled to be...

Investors flock to US 'growth' stocks as inflation fears fade: BofA

2022-08-13 00:00:00

Investors bought $7.1 billion in equities in the week to Wednesday, with US 'growth' stocks recording their largest weekly inflow since December 2021 in a sign that fears over soaring inflation are receding. Investors ploughed $11 billion into US equity...

Global equity funds see first weekly inflow in seven weeks

2022-08-13 00:00:00

Global equity funds saw inflows in the week to Aug. 10 after six straight weeks of withdrawals, as investors took the view that the Federal Reserve might not be too aggressive with its interest rate hikes amid receding inflation worries,...

Five major Chinese firms to delist from NYSE

2022-08-13 00:00:00

BEIJING, Aug 12 (AFP): Five major Chinese companies including two of the country's largest oil producers will delist from the New York Stock Exchange, the firms said in filings on Friday.Sinopec and PetroChina-two of the world's biggest energy firms-will apply...

Business review meeting 2022 of Khulna and Shariatpur Region of National Bank held

2022-08-13 00:00:00

The business review meeting 2022 of Khulna and Shariatpur Region of National Bank Limited was held at the Bangladesh Rice Research Institute, Regional Station, Faridpur, on Wednesday. Md. Mehmood Husain, Managing Director and CEO of the bank, presided over the...