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BNP asks govt to publish list of money launderers

2022-05-16 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Sunday demanded that a list of those who siphoned off huge amount of money abroad and their abettors be made public, reports UNB. "Our question is, how many PK Halders are there...

BNP laders exchange greetings

2022-05-16 00:00:00

BNP laders exchange greetings with leaders of the Buddhist community on the occasion of Buddha Purnima on Sunday at the party chairperson’s office in the city. — Collected

BNP doesn't know what it really wants: Quader

2022-05-16 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Sunday said the BNP leaders themselves do not know what they really want regarding the election-time government, reports BSS."It is now the question of the country's people - what does the BNP...

Egypt's PM wants to boost private sector investments

2022-05-16 00:00:00

CAIRO, May 15 (Arab News): Egyptian Prime Minister Moustafa Madbouly said on Sunday he wanted the private sector to account for 65 per cent of all investements in the country within three years, up from around 30 per cent at...

Elon Musk says Twitter legal team told him he violated an NDA

2022-05-16 00:00:00

NEW YORK, May 15 (Reuters): Elon Musk on Saturday tweeted that Twitter Inc's legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform's checks on automated users was 100."Twitter legal...

India tax authority ‘froze $478m of Xiaomi funds’

2022-05-16 00:00:00

NEW DELHI, May 15 (Reuters): Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China's Xiaomi Corp in February as part of an investigation into alleged tax evasion, according to two sources and a...

Tech titans curb hiring

2022-05-16 00:00:00

PARIS, May 15 (AFP): From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times.Internet giants that saw business boom during the pandemic have taken a...

Vulnerable nations threatened as Ukraine war shrinks food supplies

2022-05-16 00:00:00

The Ukraine war has created food security challenges for many countries, especially for low income food import-dependent ones and vulnerable population groups, according to Qu Dongyu, director-general of the UN agriculture agency, reports UNB.He was addressing a three-day meeting Friday...

High-speed patrol boat for CPA reaches Ctg port

Nazimuddin Shyamol | 2022-05-16 00:00:00

CHATTOGRAM, May 15: The Chittagong Port Authority (CPA) is procuring new equipment to modernise and increase the capacity of the Chittagong seaport.CPA procured a modern high-speed patrol boat from Italy which reached the port on Sunday. MV Songa Cheetah reached...

Fly Dhaka teams up with AirAsia Consulting

FE REPORT | 2022-05-16 00:00:00

Fly Dhaka, an upcoming domestic airline, has recently partnered with AirAsia Consulting (AAC), according to report by Asian Aviation.With the partnership, the new airline will receive various advisory services from AAC, an aviation consultancy arm under AirAsia Aviation Group Limited...

StanChart emerges as 'Market Leader for Trade Finance'

2022-05-16 00:00:00

Standard Chartered Bangladesh has been recognised as the 'Market Leader for Trade Finance' in Bangladesh, according to the 2022 Euromoney Trade Finance Survey and the 2022 Asiamoney Trade Finance Survey. Conducted by Euro-money and Asiamoney, the surveys aggregate and analyse...

Spanish Ambassador to Bangladesh Francisco de Asís Benítez Salas presented the award to Kutubuddin Ahmed

2022-05-16 00:00:00

Kutubuddin Ahmed, Chairman of Envoy Legacy, Envoy Textiles Limited and Sheltech Group, has been awarded the Knight Officer (Cruz de Oficial) in the Royal Order of Civil Merit by the King of Spain, Felipe VI. Spain bestows this honour on...

Ensure quality of electronic products to tap global market

FE REPORT | 2022-05-16 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the businessmen to ensure the quality of domestic products in order to utilise the potential of global market for electronics products."We must ensure the quality of domestic products...

Liverpool win 1st FA Cup since 2006

2022-05-16 00:00:00

LONDON, May 15 (AP): A 6-5 victory over Chelsea on penalties in Saturday's final produced Liverpool's first FA Cup triumph since 2006 and kept it in contention for, potentially if unlikely, a quadruple of trophies.Just like in the League Cup...

Gujarat down Chennai to seal top-two league finish in IPL

2022-05-16 00:00:00

MUMBAI, May 15 (AFP): Wriddhiman Saha's unbeaten 67 led Gujarat Titans to a thumping seven-wicket win over Chennai Super Kings on Sunday and a top-two finish in the IPL league stage.Chasing a tricky 134 for victory, table-toppers Gujarat reached the...

'1st The Dhaka Mercantile Co-operative Bank (DMCB) Cup Golf Tournament' held

2022-05-16 00:00:00

The prize distribution ceremony of the '1st The Dhaka Mercantile Co-operative Bank (DMCB) Cup Golf Tournament' was held at Cox's Bazar Golf and Country Club in Ramu Cantonment recently. President of the club and GOC of the 10th Infantry Division...

Ex-Australian all-rounder Symonds dies in car crash

2022-05-16 00:00:00

SYDNEY, May 15 (AFP): Australian cricket was reeling Sunday after swashbuckling former all-rounder Andrew Symonds was killed in a car crash -- another tragic blow after the recent deaths of fellow greats Shane Warne and Rod Marsh.The 46-year-old, who played...

Ton-up Mathews steers Sri Lanka

2022-05-16 00:00:00

CHATTOGRAM, May 15 (AFP): Former captain Angelo Mathews hit an unbeaten 114 to help Sri Lanka finish strongly on the opening day of the first Test against Bangladesh on Sunday.The tourists reached 258 for four at stumps after electing to...

Bangladesh finish runners-up

2022-05-16 00:00:00

The AHF Cup champions Bangladesh finished runners-up in the nine-nation Asian Games Men's Hockey Qualifier with a 2-6 goals defeat to their old foe Oman in the final at Queen Sirkit Commemorative Stadium in Bangkok Sunday afternoon, reports UNB. Both...

US facing severe pilot shortage

2022-05-16 00:00:00

The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travellers are returning after more than two years of the Covid-19 pandemic, reports CNBC.The crisis has the industry scrambling for solutions.At...

Saudi oil giant Aramco's Q1 profits surge 80pc

2022-05-16 00:00:00

DUBAI, May 15 (AP): Oil giant Saudi Aramco said Sunday its profits soared more than 80 per cent in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and...

US companies eye more consumer pushback as inflation toll mounts

2022-05-16 00:00:00

NEW YORK, May 15 (AFP): Prices on household goods have been rising for months in the United States, souring the national mood but not significantly affecting sales-yet.Producers of everything from paper towels to soda to mattresses have described consumer behavior...

Saudi Arabia’s annual inflation rises to 2.3pc

2022-05-16 00:00:00

RIYADH, May 15 (Arab News): Saudi Arabia's annual inflation rate accelerated to reach 2.3 per cent in April, up from 2.0 per cent in March, according to the General Authority for Statistics (GASTAT).The consumer price index, or CPI, in April...

Dubai PMI remains strong on sharp rise in consumer sales

2022-05-16 00:00:00

DUBAI, May 15 (Arab News): The Dubai Price Managers' Index (PMI) slipped slightly in April to 54.7 from 55.5 the previous month but stayed well above the 50 no-change mark, as new order levels across the non-oil economy continued to...

Reliance to acquire dozens of brands in $6.5b consumer goods play

2022-05-16 00:00:00

MUMBAI, May 15 (Reuters): India's biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan...

Deutsche Bank not financing controversial African pipeline

2022-05-16 00:00:00

FRANKFURT, May 15 (Reuters): Deutsche Bank is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person with knowledge of the matter said on Sunday.Germany's largest lender has...

China eases mortgage loan rate guidance to spur demand

2022-05-16 00:00:00

BEIJING, May 15 (Reuters): Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revive a flagging engine of the world's second-largest...

Karmasangsthan Bank held a view exchange meeting

2022-05-16 00:00:00

Karmasangsthan Bank held a view exchange meeting with the stakeholders of the bank in Dhaka on Saturday. Chairman of the bank Md Nurul Amin was present as the chief guest and Managing Director Shirin Akhter and General Managers Goutam Saha,...

Lub-rref gets new CFO

2022-05-16 00:00:00

Helal Uddin has joined Lub-rref (Bangladesh) Limited as chief financial officer (CFO) and general manager, according to a statement. Prior to joining Lub-rref, he served Kazi Farms Group, Meghna Group of Industries and Lira Group of Industries.Helal is an Associate...

Investors look for alternatives

2022-05-16 00:00:00

NEW YORK, May 15 (AFP): Wall Street equities have had the worst start to a year since 1939, while the bond slump is the steepest since 1842, which is sending many investors on the hunt for alternatives.As US inflation has...