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Implementation of Teesta management, restoration master plan demanded

2022-08-14 00:00:00

International Farakka Committee on Saturday demanded the implementation of the Teesta Master Plan to protect thirty million people living in its basin in Bangladesh from heavy flood and river banks erosion. Atiqur Rahman Salu, chairman of IFC, voiced the demand...

Tea garden workers enforced an indefinite strike and staged a sit-in programme demanding daily wage hike from Tk120 to Tk300

2022-08-14 00:00:00

Tea garden workers enforced an indefinite strike and staged a sit-in programme demanding daily wage hike from Tk120 to Tk300 at Chhoti Central Shaheed Minar in Sylhet on Saturday — Focus Bangla

People's needs not reflected in election manifestos: CPD

2022-08-14 00:00:00

FE ReportThe needs and interests of the common people are not properly reflected in the election manifestos prepared by the political parties before the elections, according to the findings of a series of courtyard meetings across the country.Participants in the...

Jubo League member found dead in Natore

2022-08-14 00:00:00

NATORE, Aug 13 (UNB): A 30-year-old Jubo League member was found dead near a railway track at Kalikapur Amhati in Sadar upazila of Natore district on Saturday.The deceased was identified as Nusat, an activist of the Sadar unit of Jubo...

Framework done for commission to unearth Aug 15 plotters: Anisul

2022-08-14 00:00:00

A framework has been readied for forming a commission to unearth the plotters of August 15, 1975 carnage that saw the brutal assassination of the nation's founding father Bangabandhu and most of his family members, said Law, Justice and Parliamentary...

Corruption, suicidal deals behind energy crisis: BNP

2022-08-14 00:00:00

The BNP on Saturday blamed the government's "pervasive corruption, suicidal deals and imprudent plans" for the current crisis in the power and energy sector, reports UNB.At a press conference at BNP chairperson's Gulshan office, party Secretary General Mirza Fakhrul Islam...

Be careful with your words, conduct

2022-08-14 00:00:00

Awami League leader Obaidul Quader has warned members of the ruling party against 'flaunting' powers and called on them to conduct themselves judiciously amid the ongoing economic crisis, reports bdnews24.com."Everyone must speak and act responsibly. It is not appropriate to...

Lionel Messi misses out on Ballon d'Or nomination

2022-08-14 00:00:00

PARIS, Aug 13 (AP): Seven-time Ballon d'Or winner Lionel Messi was omitted from the 30-man list of nominees for the prestigious award on Friday for the first time since 2005.The Argentina great edged out Poland striker Robert Lewandowski for the...

Women's IPL starts in March 2023

2022-08-14 00:00:00

NEW DELHI, Aug 13 (PTI): The much-awaited Women's IPL will start in March, 2023 in a one-month window and in all likelihood with five teams, a senior Board of Control for Cricket in India (BCCI) official confirmed the development.The BCCI...

Shakib made T20 captain for Asia Cup, WC

2022-08-14 00:00:00

Shakib Al Hasan on Saturday has been named made Bangladesh's Twenty20 international captain after he bowed to a Bangladesh Cricket Board (BCB) ultimatum to scrap a deal with a betting site, report agencies.The all-rounder was given the nod to lead...

Albanian farmer feeds coffee to fields amid fertiliser crunch

2022-08-14 00:00:00

MAMURRAS (Albania), Aug 13 (AFP): With the pandemic and the Ukraine conflict sending fertiliser prices through the roof, Albanian farmer Alban Cakalli has turned to coffee, one of the Balkan country's great loves, to nourish his fields.The 38-year-old farmer owns...

Tourists, locals irate over Machu Picchu snafu

2022-08-14 00:00:00

AGUAS CALIENTES, Peru, Aug 13 (AFP): The suspension of ticket sales to Machu Picchu sparked protests among angry tourists and merchants from the town closest to the Inca citadel.Authorities had recently begun limiting the number of visitors to the jewel...

Oil leak affecting US offshore output contained, Shell says

2022-08-14 00:00:00

HOUSTON, Aug 13 (Reuters): Top U.S. Gulf of Mexico oil producer Shell (SHEL.L) said on Thursday it halted production at three U.S. Gulf of Mexico deepwater platforms after a leak shut two pipelines connecting the platforms, adding it expected pipeline...

Focus on alternative energy sources

2022-08-14 00:00:00

Speakers at a roundtable on the country's energy security on Saturday emphasised exploring alternative energy sources to help address the looming crisis.Highlighting the use of liquefied natural gas (LNG), they called for promoting green energy and focusing more on electric...

Kazakhstan to start oil sales via Azeri pipeline

2022-08-14 00:00:00

Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to shut, Reuters cited three sources familiar with the matter as saying, reports...

A deal was signed on Friday to transfer the responsibility of operating Cox's Bazar Air Port Aviation Depo from Standard Asiatic Oil

2022-08-14 00:00:00

A deal was signed on Friday to transfer the responsibility of operating Cox's Bazar Air Port Aviation Depo from Standard Asiatic Oil Company Limited (SAOCL) to Padma Oil Company Limited (POCL), both subsidiaries of Bangladesh Petroleum Corporation (BPC). BPC Chairman...

20 industries to get President's Award

2022-08-14 00:00:00

FE ReportTwenty industrial units will get the President's Award for Industrial Development- 2020 for their outstanding contribution to the national economy by setting up industries in private sector and creating employment. Industries ministry on Wednesday issued a gazette notification in...

Gold smuggling siphons off Tk 730b annually

2022-08-14 00:00:00

FE REPORT Around Tk 730 billion is being laundered from the country annually through gold smuggling, Bangladesh Jewellers' Association (BAJUS) claimed on Saturday, urging the government to take stern actions immediately to stop the illegal trading. They estimated that illegal...

Credit card spending soars with increasing living costs: BB

2022-08-14 00:00:00

Credit card debt has surged as consumers struggle to keep up with the high cost of living amid rising inflation, reports UNB.As the prices of all kinds of products including essentials are on the rise in the market people have...

Road show on ICB AMCL CMSF Golden Jubilee MF IPO held---

2022-08-14 00:00:00

A road show was held in Bogura 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)...

Handle social media, OTT platforms softly

2022-08-14 00:00:00

FE REPORT Speakers at a programme on Saturday urged the government to impose soft regulation on social media and over-the-top (OTT) platforms as the sector is still in the preliminary stage. They also suggested the authorities concerned to consult with...

Automakers scramble to decode new US EV tax credits

2022-08-14 00:00:00

WASHINGTON, Aug 13 (Reuters): US automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs), as Congress prepares for final votes today on a bill that includes...

Janata Insurance Company Limited (JICL) Chairman Zafrul Islam Chowdhury presiding over the 36th annual general meeting

2022-08-14 00:00:00

Janata Insurance Company Limited (JICL) Chairman Zafrul Islam Chowdhury presiding over the 36th annual general meeting (AGM) of the company on a digital platform recently. The AGM has approved a 5.0 per cent bonus and 6.0 per cent cash dividends...

Remitter's festival to be held in Sharjah on Sept 16-18

2022-08-14 00:00:00

The three-day "Remitter's Festival" organised by an advertising and event management company "Idea Gallery", will be held on September 16-18, 2022 at the Expo Centre in Sharjah, the UAE, reports BSS.The festival is an annual event to promote remittance through...

BYLC launches career expo in city

2022-08-14 00:00:00

Bangladesh Youth Leadership Centre (BYLC) launched a career expo in the city's Mohakhali area on Saturday, focusing on the development sector, reports UNB.With over 500 registered participants, more than 20 participating employer organisations, and 20-plus youth engagement and club partners,...

High-level of protection 'goes against export-diversification'

FE Report | 2022-08-14 00:00:00

A global impact analysis is required to assess whether the rule-based system of World Trade Organization (WTO) is properly functional, the secretary of the Economic Relations Division (ERD) said on Saturday.Sharifa Khan said it should be looked into whether there...

IDCOL finances first rooftop solar project

2022-08-14 00:00:00

The Infrastructure Development Company Limited (IDCOL) has financed the first rooftop solar project of Hatil Complex Limited, said a press release. The 2.67 mw project would be implemented on the factory rooftops of Hatil Complex Limited, located at Kashimpur in...

Malaysia's Tenaga plans $1.0b IPO for its power business

2022-08-14 00:00:00

SINGAPORE, Aug 13 (Reuters): Malaysian electricity utility Tenaga Nasional Bhd plans to begin the process next year for a potential $1 billion listing of its power generation business, sources close to the matter told Reuters.In what would be the country's...

Brazil's Eletrobras reports 45 per cent drop in Q2 net profit

2022-08-14 00:00:00

Brazilian power company Eletrobras on Friday reported its second-quarter net income fell 45 per cent, hit by the provision for losses in investments, reports Reuters.In the first earnings report since its privatization, Centrais Eletricas Brasileiras SA, as the company is...

China Tourism seeks $2.16b in Hong Kong's biggest listing so far in 2022

2022-08-14 00:00:00

HONG KONG, Aug 13 (Reuters): China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in what will be the largest...