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CSE awards 20 stock brokers

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

Chittagong Stock Exchange (CSE) has awarded 20 best performing stock brokers and dealers based on their turnovers in fiscal year 2021-22.The winners were selected in two categories -- dealer category and broker category. The award-winning firms in 'dealer category' are...

Stocks retreat as investors weigh fuel oil price surge

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

Stocks retreated this week to Thursday from the previous week's big gain as investors went defensive following the fuel oil price surge amid growing economic pressures.This week saw four trading days instead of five days as Tuesday was public holiday...

Benzema, Courtois, De Bruyne up for UEFA Player of the Year award

2022-08-13 00:00:00

Real Madrid's Karim Benzema and Thibaut Courtois and Manchester City's Kevin De Bruyne are in the running for UEFA's 2021-22 men's player of the year award after topping a 15-player shortlist, European soccer's governing body said on Friday, reports Reuters.The...

Qatar's ground control on alert for WC disasters

2022-08-13 00:00:00

DOHA, Aug 12 (AFP): Facing a bank of screens that look like NASA mission command, technicians counting down to the World Cup in Qatar control the temperature, gates, 15,000 cameras and much more in the eight stadiums.The Aspire control and...

Barcelona sell further 24.5pc stake

2022-08-13 00:00:00

Barcelona have sold a 24.5 per cent stake in their audiovisual studio to production company Orpheus Media for 100 million euros ($102.93 million), the LaLiga club said on Friday, as they look to raise more funds to register new players,...

Pak leading players agree to amended central contracts

2022-08-13 00:00:00

After several days of impasse, a group of Pakistan's leading players including captain Babar Azam, Shaheen Afridi and Mohammad Rizwan agreed to sign the PCB's central contracts - though only after successfully negotiating changes in several clauses, according to ESPNcricinfo.The...

Mel Jones to step down from Cricket Australia board

2022-08-13 00:00:00

Mel Jones will step down from Cricket Australia's board in October to focus on her media and other work commitments, according to ESPNcricinfo.Jones has served as one of nine board directors since December 2019 but also works as a cricket...

Ritu sets record in high jump

2022-08-13 00:00:00

Bangladesh's Ritu Akhtar has set a national record in the women's high jump event in the ongoing 5th Islamic Solidarity Games in Konya, Turkey, reports BSS.Two female athletes - Umme Hafsa Rumki and Ritu Akhter - participated in the high...

News in Brief (2022-08-13)

2022-08-13 00:00:00

Mystery deaths of two Saudi sisters in SydneySYDNEY, Aug 12: On 7 June, Australian authorities knocked on the door of a Sydney apartment. Mail was piled up outside the door, and the tenants hadn't paid rent in more than three...

US, Indonesia, Australia hold drills amid China concerns

2022-08-13 00:00:00

BATURAJA, Aug 12 (AP): Soldiers from the US, Indonesia and Australia joined a live-fire drill on Friday, part of annual joint combat exercises on Sumatra island amid growing Chinese maritime activity in the Indo-Pacific region.A total of more than 5,000...

'Extreme vigilance' at vast western France fire

2022-08-13 00:00:00

HOSTENS, Aug 12 (AFP): A huge fire that has devastated swathes of southwestern France was largely contained, but firefighters face another "complicated" day, local authorities said on Friday.The 40-kilometre (25-mile) active fire front in the Gironde and Landes departments around...

Top Taliban cleric killed in suicide blast

2022-08-13 00:00:00

KABUL, Aug 12 (AFP): A senior Taliban cleric known for his fiery speeches against the Islamic State (IS) was killed Thursday at his madrassa in the Afghan capital in a suicide attack claimed by the jihadist group.Rahimullah Haqqani, who had...

Killing of Palestinian children ‘unconscionable’

2022-08-13 00:00:00

SEOUL, Aug 12 (AP/Reuters): Almost 40 Palestinian children have been killed so far this year in the occupied territories and in many incidents, Israeli forces appear to use lethal force in a manner that violates international human rights law, UN...

Procurement Factors

Md Abu Sayed Siddique | 2022-08-13 00:00:00

In my previous article, I talked about how procurement is generally understood and how important it is for catching the attention of both government and non-government officials. It also offered suggestions on how to reduce procurement costs while maximising benefits....

Post-pandemic transformation of human psyche

Nilratan Halder | 2022-08-13 00:00:00

Even though the epidemic is yet to be over with its residual mild and isolated visitations still giving people harrowing time here and there, a phenomenal post-pandemic transformation has already taken place. The transformation, unfortunately is not for the better...

Separate lane for public bus

2022-08-13 00:00:00

In many countries in the world, subway and light trains are more popular than private vehicles since they move quickly. Why is so? It is simply because they run on dedicated tracks and do not mix with other vehicles. But...

Keeping public hospitals neat and clean

2022-08-13 00:00:00

Patients have to receive treatment in an unhygienic environment at almost every public hospital in Bangladesh. Beds in the hospital are in a horrible state, infested with bed bugs and cockroaches with dirty bed-sheets. The condition of the washrooms is...

Checking street crimes

2022-08-13 00:00:00

Street crimes are rising in Bangladesh. Some are even taking place in broad daylight. There is an atmosphere of insecurity and fear, especially in Dhaka city, where mobile phones, wallets, motorbikes and cars are often snatched away at gunpoint. It...

Inefficient public transport piles up miseries

Tanim Asjad | 2022-08-13 00:00:00

The outrageous increase in the fuel oil prices, announced last Friday mid-night, came literally as a mortal blow to millions of people. The consequences of the oil price hike, among other, are a sharp rise in the fares of public...

Who's behind flight of dollars?

Syed Fattahul Alim | 2022-08-13 00:00:00

The economy is clearly under serious pressure as the local currency, Taka, is losing its value at a faster rate against US dollar than before. On Wednesday (Aug 11), for example, the US dollar was sold at a maximum of...

Getting rid of wasteful government projects

2022-08-13 00:00:00

Though any idea of spending more than Tk 200 million to build a one-kilometre drain may appear unusual to an ordinary mind, it may not be so if one is from the government's Roads and Highways Department (RHD). In fact,...

James Wilson and budgeting wisdom

Jasim Uddin Haroon | 2022-08-13 00:00:00

James Wilson, known as father of the modern budget system in the subcontinent, is no more but his budgeting wisdom is. He died on August 11, 1860 in Kolkata. He placed the budget for the Indian subcontinent in Kolkata for...

Skill training or remodelling curricula!

Nilratan Halder | 2022-08-12 12:00:00

The system of education in this part of the world hardly renders young aspiring young learners materialise their dreams. Only a select few can make it to the choicest corridor of disciplines in their higher studies. For the rest, notwithstanding...

19th session of 11th JS begins August 28

2022-08-12 00:00:00

The 19th session of the 11th Jatiya Sangsad (JS) will begin at 5 pm on August 28.President Md Abdul Hamid convened the session exercising the power bestowed upon him as per the Clause (1) of Article 72 of the Constitution,...

Cabinet Div asks Energy Division to explain fuel price hike to people

2022-08-12 00:00:00

The Cabinet on Thursday directed the Energy Division to reiterate to the people the justification behind the huge increase in the prices of fuel triggering a public outcry, reports UNB.The directive came from the Cabinet meeting presided over by Prime...

Cabinet clears draft drug law keeping maximum 10-yr jail for irregularities

2022-08-12 00:00:00

The cabinet approved in principle on Thursday the draft of the Drugs Act, 2022 intensifying the punishment for several anomalies and offenses to the maximum 10-year jail and Taka 10 lakh penalty, reports BSS.The approval was given at the regular...

No benefit from int'l price cut of edible oils

FE REPORT | 2022-08-12 00:00:00

Local consumers are yet to get any real benefit from the declining trend in edible oil prices in the international market - due to high exchange rates of Bangladeshi taka against US dollar, Commerce Minister Tipu Munshi opined on Thursday....

Fiscal situation worsens amid poor revenue, high public borrowings

FE REPORT | 2022-08-12 00:00:00

Economist Dr Debapriya Bhattacharya on Thursday said the country's fiscal situation worsened especially over the past two months due to poor revenue growth and high public borrowings. Terming the fiscal account as the number one 'villain' of the economy, the...

39.5pc eligible households didn't get TCB family cards: TIB

FE REPORT | 2022-08-12 00:00:00

At least 39.5 per cent of the eligible poverty-stricken households didn't get family cards issued by the Trading Corporation of Bangladesh (TCB) to buy certain food items at subsidised prices, according to a study.The study, conducted by the Transparency International...

HC summons DC, SP, bank MD

FE REPORT | 2022-08-12 00:00:00

The High Court Thursday summoned five persons, including Kushtia's DC and SP, and BRAC Bank's managing director on charge of handing over the possession of a property worth Tk 1.33 billion, which was sold at auction for Tk 150 million,...