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US drops COVID-19 testing for incoming int'l air travellers

2022-06-12 00:00:00

WASHINGTON, June 11 (Reuters): The United States late Friday rescinded a 17-month-old requirement that people arriving in the country by air test negative for COVID-19, a move that follows intense lobbying by airlines and the travel industry.Centers for Disease Control...

US gasoline average price hits $5 per gallon in historic first

2022-06-12 00:00:00

The price of US gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation, reports Reuters.The national average price for regular...

India's fuel demand jumps 24pc in May

2022-06-12 00:00:00

India's fuel consumption jumped 23.8 per cent in May from a year earlier, continuing a recovery from a relatively low base in 2021 when the world's third biggest oil consumer was in the grip of a second wave of COVID-19,...

Tanzania signs LNG framework deal with Equinor and Shell

2022-06-12 00:00:00

DAR ES SALAAM, June 11 (Reuters): Tanzania signed a framework agreement on Saturday with Norway's Equinor and Britain's Shell that will bring closer the start of construction of a $30 billion liquefied natural gas (LNG) export terminal, live video from...

Asian spot LNG prices down, Freeport outage worries European buyers

2022-06-12 00:00:00

LONDON, June 11 (Reuters): Asian spot liquefied natural gas (LNG) prices were down last week on renewed lockdown in Shanghai, indicating lesser demand from China, while summer procurement in other Asian countries picked up.The news of an at least three-week...

Former Amazon India seller says antitrust raid illegally detained employees

2022-06-12 00:00:00

NEW DELHI, June 11 (Reuters): A former top seller for Amazon in India, Cloudtail, has accused India's antitrust agency of illegally detaining its employees during a raid over suspected competition law violations, court documents seen by Reuters show.Cloudtail, among a...

Labaid Diagnostic recently purchased five new Foton ambulances from ACI Motors, a subsidiary of ACI Limited.

2022-06-12 00:00:00

Labaid Diagnostic recently purchased five new Foton ambulances from ACI Motors, a subsidiary of ACI Limited. Subrata Ranjan Das, Executive Director, ACI Motors Ltd., handed over the first ambulance to Sakif Shamim, Executive Director, Labaid Group, at an official handover...

Bangladesh Finance Securities recently started its journey in Rajshahi. Md. Kyser Hamid, Managing Director and CEO of Bangladesh

2022-06-12 00:00:00

Bangladesh Finance Securities recently started its journey in Rajshahi. Md. Kyser Hamid, Managing Director and CEO of Bangladesh Finance, was the chief guest and inaugurated the brokerage house. Md. Saifur Rahman, Executive Director, Bangladesh Securities and Exchange Commission; Mr. Barun...

Transport firm FirstGroup rejects latest private-equity approach

2022-06-12 00:00:00

British transport firm FirstGroup said on Thursday it had turned down the latest takeover approach of 118 pence per share in cash and a contingent right of up to 45.6 pence apiece from private-equity firm I Squared Capital, reports Reuters.The...

MetLife extends investment portfolio with BDT 1.16b DBH bond subscription

2022-06-12 00:00:00

To continue providing sustainable financing to local corporates and better returns on customers' insurance policies, MetLife Bangladesh has further diversified its investment portfolio through its subscription of BDT 1.16 billion in the Zero Coupon Bond issued by Delta Brac Housing...

News Briefs (2022-06-12)

2022-06-12 00:00:00

Suspension of tradingRupali Bank: Trading of the shares of Rupali Bank Ltd will remain suspended on its record date, June 12, 2022. Southeast Bank: Trading of the shares of Southeast Bank Limited will remain suspended on its record date, June...

BRAC Bank establishes first Cyber Fusion Centre

2022-06-12 00:00:00

To ensure stricter cybersecurity, BRAC Bank has established the first Cyber Fusion Centre (CFC) in Bangladesh's banking industry. The centre, equipped with most modern devices, has been modelled to fight against all cybersecurity threats. The initiative bears testimony to the...

Implementation of budget requires involvement of professionals : ICMAB

FE Report | 2022-06-12 00:00:00

The successful implementation of the proposed budget requires the involvement of the professionals.Implementation of the proposed large budget may be a challenge for the government, though not impossible to achieve, said the Institute of Cost and Management Accountants of Bangladesh...

Jamuna Bank Limited will manage the toll of Padma Bridge, the largest communications infrastructure in Bangladesh. An agreement

2022-06-12 00:00:00

Jamuna Bank Limited will manage the toll of Padma Bridge, the largest communications infrastructure in Bangladesh. An agreement in this regard has been signed between Bangladesh Bridge Authority and Jamuna Bank Limited. The signing ceremony was attended by Md. Monjur...

CSE for continuation of money whitening thru stock market

FE Report | 2022-06-12 00:00:00

Chittagong Stock Exchange (CSE) has made a set of demands including the reconsideration of the scope of whitening undisclosed money through capital market by individual taxpayers.The port city bourse CSE has also demanded exemption of their corporate tax to facilitate...

Tamim smashes century in warm-up match

2022-06-12 00:00:00

Bangladesh opener Tamim Iqbal hit a ton in the first innings of the tour match against Cricket West Indies President XI at Coolidge Cricket Ground in Antigua on Friday, reports UNBBangladesh ended up day one at 274 for six in...

Bangladesh lose to Turkmenistan

2022-06-12 00:00:00

Bangladesh lost 2-1 to upper-ranked Turkmenistan in their keenly contested 2nd Group E match of the AFC Asian Cup China 2023 Qualifiers at the National Stadium in Bukit Jalil in Kuala Lumpur on Saturday, reports UNB.The match was locked in...

N Korea appoints woman diplomat as foreign minister

2022-06-12 00:00:00

SEOUL, June 11 (AFP): North Korea has appointed veteran diplomat Choe Son-hui as its first female foreign minister, state media reported Saturday, as Pyongyang pushes ahead with a blitz of sanctions-busting weapons tests and ignores US calls for talks.Choe, who...

Russia ‘using’ deadlier weapons in war

2022-06-12 00:00:00

KYIV, June 11 (AP): Ukrainian and British officials warned Saturday that Russian forces are relying on weapons with the potential to cause mass casualties as they try to make headway in capturing eastern Ukraine.Russian bombers have likely been launching heavy...

Syria landmine blast kills 11

2022-06-12 00:00:00

BEIRUT, June 11 (AFP): Eleven people were killed and dozens wounded when their pick-up truck ran over a landmine near Syria's southern city of Daraa, a war monitor said Saturday."Eleven people, including five children under 16 and three women, were...

Increasing social awareness about drowning

2022-06-12 00:00:00

Drowning is a regular affair in Bangladesh. However, the number of drowned victims is increasing day by day. According to a survey, around 19,000 people of all ages drown every year across the country, and nearly 70 per cent of...

Limiting social media addiction

2022-06-12 00:00:00

In a world of technological advancement, global communications has seen a massive growth. You can contact someone residing in a different continent within a few seconds now. Currently, the most popular media worldwide are social media platforms such as Facebook,...

Effectively implementing education budget

2022-06-12 00:00:00

The world has not yet recovered from the Covid-19 pandemic fallout. On top of that the impact of ongoing Russia-Ukraine war has made the prices of essentials such as rice, wheat, maize, edible oil, lentils, sugar etc has skyrocketed. In...

Of deadly levelling of hills

Shihab Sarkar | 2022-06-12 00:00:00

The phenomenon has been causing deep concern to a large section of people living in the southeastern and northeastern regions of the country. They comprise thehill slope and hill foot-based slum dwellers. The bout of the showers in the receding...

Promises budget FY '23 holds out

Asjadul Kibria | 2022-06-12 00:00:00

As the size of Bangladesh economy is growing, so is the national budget. That's why it is nothing surprising that the finance minister would present a big budget. The annual exercise of budget-making represents the effort on the part of...

Strengthening regulatory oversight on NBFIs

2022-06-12 00:00:00

With gross irregularities and governance deficiency plaguing the operations of a section of non-banking financial institutions (NBFIs), the performance of this important segment of the financial sector has been lacklustre for long. In fact, last year's financial stability report published...

News in Brief (2022-06-12)

2022-06-12 00:00:00

Eight Rohingya people held in FeniFENI, June 11: Police have arrested eight Rohingya people from a hotel in the Feni's Mohipal area on Friday. The arrestees are Abdul Mannan, 20, son of Nur Ahammed, Abdus Shukkur, 18, son of Hamid...

City dwellers feeling the heat after a sweltering day without rain. Photo shows a man drinks

2022-06-12 00:00:00

City dwellers feeling the heat after a sweltering day without rain. Photo shows a man drinks water to sate his thirst while waiting for a bus at Shahbagh in the city on Saturday — bdnews24.com

Medical technologist 'commits suicide' in Chandpur

2022-06-12 00:00:00

CHANDPUR, June 11 (UNB): A 26-year-old Medical Technologist (Lab) of Matlab Uttar Upazila Health Complex in Chandpur allegedly committed suicide on Saturday morning, police said.The deceased was identified as Monira Kamal, wife of Ziarul Islam Nader of Kachari Bazar area...

Ferry catches fire, doused quickly

2022-06-12 00:00:00

SHARIATPUR, June 11 (UNB): A fire that broke out at 'Begum Rokeya' ferry near Majhirkandi channel while heading towards Majhi Ghat in Shariatpur on Saturday.There were around 50 people and 36 vehicles on the ferry during the fire incident but...