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B’desh receives another 1.5m doses of Covid-19 vaccine from US

2022-08-09 00:00:00

The US government has donated another 1.5 million pediatric doses of Pfizer's Covid-19 vaccine to Bangladesh via COVAX to help the government of Bangladesh expand the vaccination coverage to protect children aged between 5 and 11 for the very first...

Brigadier General Abdulaziz Al-Sulaiti handing over 18 horses to Military Secretary of Bangladesh Army Major General Md Khaled-Al-Mamun

2022-08-09 00:00:00

On behalf of Qatar Armed Forces, Brigadier General Abdulaziz Al-Sulaiti handing over 18 horses to Military Secretary of Bangladesh Army Major General Md Khaled-Al-Mamun as a gift at Hazrat Shahjalal International Airport in the city on Monday — ISPR

PM sketches Bangamata's key-shadow role in independence struggle

2022-08-09 00:00:00

Prime Minister Sheikh Hasina on Monday revisited the history of country's protracted independence struggle extracting Bangamata Begum Fazilatun Nesa Mujib's key-shadow role in major turning points, reports BSS."The decisions of my mother on major political issues helped us a lot...

Uptick in funds for NGOs in BD

SAIF UDDIN | 2022-08-09 00:00:00

The influx of foreign funds for non-governmental organisations (NGOs) operating in Bangladesh increased slightly last fiscal mainly due to a rise in the aid for the Rohingya refugees here.Donors' commitment to supplying new funds rose by 3.7 per cent to...

BNP announces two-day programme to protest fuel price hike

2022-08-09 00:00:00

BNP on Monday announced a two-day programme in protest against the latest 'unjustified' hike in fuel prices, transport fares and the soaring prices of all essential commodities. BNP Secretary General Mirza Fakhrul Islam Alamgir made the announcement at a rally...

Destructive activities to be dealt with on streets: Quader

2022-08-09 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader on Monday warned any destructive programme, announced by the opposition parties including BNP, will be dealt with an iron hand on the streets."We are the old players of...

New political alliance launched

2022-08-09 00:00:00

Ganotantra Mancha, a new platform of seven opposition parties, was launched on Monday with the objective to oust the government through a united movement. The components of the alliance are Jatiya Samajtantrik Dal (Rob), Nagorik Oikya, Bangladesher Biplobi Workers Party,...

SoftBank plans Vision Fund job cuts

2022-08-09 00:00:00

TOKYO, Aug 08 (Reuters): SoftBank Group Corp is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said on Monday, after a crash in the value of its portfolio pushed his conglomerate to a record...

India mulls blocking Chinese firms from sub-$150 phone market

2022-08-09 00:00:00

RIYADH, Aug 08 (Arab News): Indian government bond yields ended higher on Monday for a second consecutive session tracking a hike in key policy rate from the Reserve Bank of India as well as rise in US Treasury yields.The 10-year...

Indonesia says Tesla strikes $5b deal to buy nickel products

2022-08-09 00:00:00

JAKARTA, Aug 08 (Reuters): US carmaker Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia.Southeast Asia's biggest economy has been trying to...

Paytm at near 6-month high

2022-08-09 00:00:00

BENGALURU, Aug 8 (Reuters): Shares of Indian digital payments firm Paytm jumped more than 6 per cent on Monday to their highest levels in nearly six months, after the company's parent firm One 97 Communications Ltd posted an 89 per...

Russian markets rebound

2022-08-09 00:00:00

Russian stock markets jumped and the rouble strengthened on Monday after the bourse decided not to allow some foreign investors to return to the market for the first time since February, reports Reuters.Traders expect that if foreign investors return some...

World shares recover after US jobs report sell-off

2022-08-09 00:00:00

LONDON, Aug 8 (Reuters): Global stock markets gained ground on Monday, recovering from losses sparked by a strong US jobs report last week that bolstered the case for sharp interest rate hikes, while the dollar weakened and government bond yields...

Half Yearly Branch Managers' Conference-2022 of Takaful Islami Insurance

2022-08-09 00:00:00

The Half Yearly Branch Managers' Conference-2022 of Takaful Islami Insurance Ltd was held at a city hotel recently. Qazi Mukarram Dastagir, Chief Executive Officer of the company, presided over the conference which was attended by Tahmina Afroz, Chairman of the...

Prime Insurance Company reopened Principal Branch at Dilkusha

2022-08-09 00:00:00

Prime Insurance Company Limited reopened its Principal Branch at Dilkusha in the city on Sunday. Md Nazrul Islam, Chairman of Prime Insurance Company, inaugurated the branch as the chief guest. Abdul Hamid FCA, Chief Executive Officer of the company, was...

Female officers, executives and managers of Pubali Bank participated in a two-day workshop

2022-08-09 00:00:00

A total of 35 female officers, executives and managers of Pubali Bank Limited participated in a two-day workshop on "Work Life Balance for Woman in Banks" organised by ACTIVA Management Development Institute in the city recently. Ismat Ara Huq, general...

High officials and staff of Sonali Bank placed a wreath at graveyard of Bangamata Fazilatunnesa Mujib

2022-08-09 00:00:00

High officials and staff of Sonali Bank Limited placed a wreath at the graveyard of Bangamata Fazilatunnesa Mujib, wife of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, at Banani graveyard on Monday on the occasion of the 92nd birth...

News Briefs (2022-08-09)

2022-08-09 00:00:00

Disbursement of dividend Peoples Insurance Co. Ltd: The company infor-med that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Board meetingJanata Insurance Co. Ltd: A meeting of the board of directors will...

Premier Bank arranged a week-long foundation training programme

2022-08-09 00:00:00

Premier Bank Limited arranged a week-long foundation training programme on credit module for the trainee junior officers. Managing Director & CEO of the bank M Reazul Karim, FCMA, was present as the chief guest and inaugurated the programme on Sunday.

Mercantile Bank signed agreement with SME Foundation

2022-08-09 00:00:00

Mercantile Bank Limited recently signed an agreement with SME Foundation. Dr. Mofijur Rahman, Managing Director of SME Foundation, and Md. Quamrul Islam Chowdhury, Managing Director & CEO of Mercantile Bank, signed the agreement on behalf of their respective organisations. Adil...

Dhaka Bank signed agreement for providing cash management services to Omera Petroleum

2022-08-09 00:00:00

Dhaka Bank Limited signed an agreement recently for providing cash management services to Omera Petroleum Limited. Mustafa Husain, SEVP & Manager, Gulshan Branch, Dhaka Bank, and Md Atiar Rahman, Head of Finance & Accounts, Omera Petroleum, signed and exchanged the...

UCB holds workshop on 4th industrial revolution

2022-08-09 00:00:00

United Commercial Bank Limited (UCB) recently organised a virtual workshop as part of employee awareness session on the 4IR (4th Industrial Revolution) and Digital Upskilling. A total of 190 or more senior officials of the bank took part in this...

Modhumoti Bank reappoints Shafiul Azam as MD & CEO

2022-08-09 00:00:00

Md Shafiul Azam has been reappointed as Managing Director and Chief Executive Officer of Modhumoti Bank Limited for a consecutive third time for the next three years. He had been appointed first in 2016. He joined Modhumoti Bank as Additional...

Food prices soared by 30pc in Pakistan: WB

2022-08-09 00:00:00

The World Bank has said the prices of food items in Pakistan had increased by 5% to 30%. This was stated in the "World Food Security Update Report" released by the WB, reports The Express Tribune.According to the report, the...

2,500 women receive PM’s gifts thru’ upay

2022-08-09 00:00:00

Prime Minister Sheikh Hasina on Monday sent gifts to 2,500 financially insolvent women amounting to Tk 2,000 each through mobile financial service provider upay on the occasion of the 92nd birth anniversary of Bangamata Sheikh Fazilatunnesa Mujib, says a press...

Plastic factories in trouble

FE REPORT | 2022-08-09 00:00:00

The FBCCI demanded a harassment-free business environment in the plastic sector, in order to boost employment opportunities and export volumes. The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Standing Committee on Plastic, Rubber, Melamine and PVC Products made...

Stock brokers to help enhance liquidity support for market

FE REPORT | 2022-08-09 00:00:00

Stock brokers have agreed to work towards increasing liquidity support for the stock market to ensure its stability and development.They came up with this assurance at a meeting with the officials of the Bangladesh Securities and Exchange Commission (BSEC) held...

Stocks run out of steam as investors turn cautious

FE REPORT | 2022-08-09 00:00:00

Dhaka bourse closed lower on Monday, extending the losing streak for a second consecutive session as many investors offloaded shares to lock in profits from the last week's bullish run in the market.The fuel oil price surge has also renewed...

Women cricket stars eye Olympic chance after C'wealth Games

2022-08-09 00:00:00

BIRMINGHAM, United Kingdom, Aug 08 (AFP): Women cricketers say they would "love to go to LA" to chase Olympic glory after a strikingly successful debut at the Commonwealth Games.Australia beat India by nine runs in Sunday's final in front of...

Australia win Gold after thrilling win over India

2022-08-09 00:00:00

BIRMINGHAM, England, Aug 08 (Reuters): Australia beat India by nine runs to claim the Commonwealth Games women's T20 cricket gold medal on Sunday but the real winner was the sport which delivered compelling competition and boosted its case to be...