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Experts push for inclusive insurance, risk finance

2022-07-20 00:00:00

Experts at a workshop called upon the government, development partners and private sector for enabling an environment for inclusive insurance and risk financing for the country's sustainable development, leaving no one behind. The event titled 'Inception workshop on Country Diagnostic...

Ten most-traded stocks grab 25pc of turnover on DSE

FE REPORT | 2022-07-20 00:00:00

The ten most-traded stocks grabbed one-fourth of transactions of the Dhaka Stock Exchange (DSE) on Tuesday, with British American Tobacco Bangladesh (BATBC) leading the turnover chart.The total turnover, however, dropped to Tk 3.19 billion on the DSE, hitting a 16-month...

82,668 BO accounts closed in one and a half months

FE Report | 2022-07-20 00:00:00

A total of 82,668 active BO (beneficiary owner) accounts were shut down in nearly one and a half months due to multiple reasons, including non-payment of account maintenance fee.The number of active BO accounts came down to around 1.99 million...

Stocks keep bleeding as economic worry grows

FE REPORT | 2022-07-20 00:00:00

Stocks suffered another big fall on Tuesday as edgy investors continued to sell off their positions in a bid to exit the market, fearing that economic uncertainty would deepen in coming months. The benchmark DSEX index of Dhaka Stock Exchange...

Greece protests to Serbia, Ukraine over cargo plane crash

2022-07-20 00:00:00

Greece has protested to Serbia and Ukraine for not being timely informed about the munitions cargo on board a Ukrainian aircraft which crashed near the northern city of Kavala on Saturday night, Greek diplomatic sources said on Monday, reports Reuters.The...

UK unemployment steady, as wages erode at record pace

2022-07-20 00:00:00

LONDON, July 19, (AFP): Britain's unemployment rate remains close to a 50-year low, but decades-high inflation is causing the value of wages to fall at a record pace, official data showed on Tuesday.Unemployment stood at 3.8 percent in the three...

UAE inks energy deal with France as Macron hosts MBZ

2022-07-20 00:00:00

PARIS, July 19, (AFP): France secured promises of new energy supplies from the United Arab Emirates on Monday after talks between President Emmanuel Macron and UAE leader Sheikh Mohamed bin Zayed Al-Nahyan in Paris.The UAE has emerged as a key...

Indian rupee breaches 80 per dollar

2022-07-20 00:00:00

MUMBAI, July 19 (AFP) :The Indian rupee fell below 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.The rupee sank to 80.0600 against the dollar soon after...

Australia to continue duty-free market access for Bangladesh

2022-07-20 00:00:00

Australia will continue to provide Bangladesh with duty-free access in its market after the country's graduation from the LDC category, reports UNB.High Commissioner of Australia to Bangladesh Jeremy Bruer informed BGMEA President Faruque Hassan about the Australian government's decision when...

Md Ismail Hossain greeted the newly-appointed Senior Secretary of the Finance Division

2022-07-20 00:00:00

Managing Director of Bangladesh Krishi Bank Limited Md Ismail Hossain greeted the newly-appointed Senior Secretary of the Finance Division under the Ministry of Finance Fatima Yasmin on Tuesday. Additional Secretary of Finance Division and Director of Bangladesh Krishi Bank Tahmid...

UN chief calls for bold, coordinated responses to global food crisis

2022-07-20 00:00:00

UNITED NATIONS, July 19 (XINHUA): United Nations Secretary-General Antonio Guterres on Monday called for bold and coordinated responses to slove the ongoing global food crisis."We face a real risk of multiple famines this year. And next year could be even...

Court battle to open in Musk, Twitter buyout fight

2022-07-20 00:00:00

WASHINGTON, July 19 (AFP): Elon Musk and Twitter will face off Tuesday in the first court hearing over the Tesla chief's move to abandon their $44 billion buyout deal, a case with massive stakes for both sides.Twitter wants a judge...

StanChart, Medix Dhanmondi to make healthcare more affordable

2022-07-20 00:00:00

Standard Chartered Bangladesh (SCB) recently signed a deal with Medix Dhanmondi Centre, a concern of United Hospital Limited, says a press release.As a part of the agreement, Medix Dhanmondi Centre will offer free registration, 20 per cent discounts on pathological...

Campaign launched for living wage

FE REPORT | 2022-07-20 00:00:00

A campaign, titled 'Good Clothes, Fair Pay', was launched on Tuesday, aiming to secure payment of living wages for workers in global garment supply chains.Clean Clothes Campaign (CCC) and other campaign organisations aim to collect 1.0 million signatures from European...

Demand fears return to haunt copper prices

2022-07-20 00:00:00

LONDON, July 19 (Reuters): Copper prices fell on Tuesday as worries about demand in top consumer China and elsewhere due to a slowdown in growth were reinforced by rising inventories, while a lower dollar provided some support.Benchmark copper CMCU3 on...

Pop-up rain showers help maintain US crop hopes

2022-07-20 00:00:00

NAPERVILLE, Ill., July 19 (Reuters): The U.S. Crop Watch producers last week were preparing for a stretch of hot and dry weather, but some areas picked up decent rains and the overall crop potential was unchanged to slightly better. However,...

Corn, wheat, soy fall on hopes of progress in Ukraine export talks

2022-07-20 00:00:00

PARIS/SINGAPORE, July 19 (Reuters): Chicago grain futures lost ground on Tuesday on hopes that a deal will be found to export more grains out of Ukraine as Russian President Vladimir Putin is due to meet his Turkish counterpart in Iran...

Boeing wins $8bn order in latest boost for MAX jets

2022-07-20 00:00:00

FARNBOROUGH, United Kingdom, July 19 (AFP): US planemaker Boeing won a fresh boost Tuesday for its crisis-hit MAX aircraft, as investment fund 777 Partners ordered up to 66 of the passenger aircraft worth a combined $8 billion.The announcement, on the...

Oil prices fall on economic slowdown warnings

2022-07-20 00:00:00

LONDON, July 19 (Reuters): Oil prices fell 2% on Tuesday after soaring by more than $5 barrel in the previous session, weighed by fears that an economic slowdown will hit oil demand, though tight supply and a weaker dollar curbed...

Stokes victim of 'crazy' schedule, says ex-England captain Hussain

2022-07-20 00:00:00

The number of games being crammed into the global cricket schedule is "madness" and more players could follow Ben Stokes in quitting the one-day format, said former England captain Nasser Hussain, reports Reuters.Stokes, who helped England win their maiden 50-overs...

Shafique drives Pakistan's record chase at Galle

2022-07-20 00:00:00

GALLE, Sri Lanka, July 19 (AFP): Opener Abdullah Shafique hit a gritty century to keep Pakistan in the hunt to chase down a victory target of 342 in the opening Test against Sri Lanka on Tuesday.Pakistan ended day four on...

Simmons announces retirement from international cricket

2022-07-20 00:00:00

Veteran West Indies opener Lendl Simmons announced his retirement from international cricket on Monday. Simmons' announcement comes on the same day his former teammate Denesh Ramdin decided to hang up his boots for West Indies, reports Cricbuzz.Simmons first made his...

USA beat Canada for 2024 Olympic berth, CONCACAF title

2022-07-20 00:00:00

MONTERREY, Mexico, July 19 (AFP): The United States qualified for the 2024 Paris Olympics on Monday by defeating Tokyo Olympic champions Canada 1-0 in the CONCACAF W Championship final.Alex Morgan scored from the penalty spot in the 78th minute to...

China to host Asian Games in 2023 after Covid postponement

2022-07-20 00:00:00

KUWAIT CITY, July 19 (AFP): China will host the 2022 Asian Games in 2023, organisers said on Tuesday, after postponing the event in Hangzhou because of Covid.The Games will now be held in Hangzhou from September 23 to October 8,...

BCB set to establish regional cricket committees

2022-07-20 00:00:00

Bangladesh Cricket Board (BCB) is all set to introduce regional cricket bodies, BCB president Nazmul Hasan said after the annual general meeting of the board on Tuesday in the city, reports UNB. The BCB was trying for a long time...

Probe transport worker's death, FIR against five policemen

2022-07-20 00:00:00

MAGURA, Jul 19 (UNB): A court in Magura has ordered a PBI probe into the death of a transport worker in alleged police torture as well as the registration of an FIR against five cops.Senior Judicial Magistrate (II) Sabyasachi Roy...

Father, son killed in Habiganj road crash

2022-07-20 00:00:00

HABIGANJ, July 19 (UNB): A man and his five-year-old son were killed when a pick-up van knocked them down on Dhaka-Sylhet highway at Kandigaon in Nabiganj upazila of Habiganj district on Tuesday, said police.The dead is Yusuf Ali (55), an...

Truck driver had no legal docs

2022-07-20 00:00:00

Raju Ahmed Shipon, a truck driver responsible for the deaths of three family members in Mymensingh's Trishal Upazila, had no licence to drive a heavy vehicle. He lost his driving licence for a medium-sized vehicle six years ago, reports bdnews24.com.The...

Now triplets named after Padma Bridge in Dinajpur

2022-07-20 00:00:00

DINAJPUR, July 19 (UNB): After the triplets in two districts, now triplets born in Dinajpur have been named after the much-awaited Padma Bridge.A housewife named Sadina Begum (32) gave birth to triplets through normal delivery at a community hospital in...

Netrakona town roads in tatters

2022-07-20 00:00:00

OUR CORRESPONDENTNETRAKONA, July 19: Netrakona district town has yet to get a road network perfectly all right even though 138 years have already gone by since it came into existence. The road from Satpai level crossing to Chankhar More in...