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Business

India tightens bidding regulations for bordering countries

With an eye mainly on China, India has amended rules imposing restrictions on public procurement from bidders of countries with which it shares land border, citing grounds of defence and national security, reports our New Delhi correspondent.

Bidders from these countries will be eligible only if they are registered with the Registration Committee constituted by the Department for Promotion of Industry and Internal Trade (DPIIT) ….

Categories
Business

Exporters get yet another shot in the arm from govt

The government yesterday gave yet another stimulus package worth Tk 3,000 crore for the export-oriented industries to help them provide wages and salaries to their workers for July.

This is the third stimulus package for the export-oriented industries, which are now actively running their units, since March.

Categories
National

Relief scarce in flood-hit are

Many flood-hit people are passing their days in starvation as the government’s relief allocation is insufficient, victims said.

In some places, flood victims alleged the local people’s representatives of nepotism in distributing relief, thus depriving those in actual need of aid.

Categories
World

What is pooled testing for COVID-19 and how can it help fight the virus?

Quest Diagnostics on Saturday received the first emergency authorisation from the US Food and Drug Administration to use pooled testing to help reduce its backlog of COVID-19 tests. The following is a description of how it works and the advantages and disadvantages of pooled testing.

How does pooled testing work?

Categories
Life Style

What will happen to all the faces?

She had never spent much money or time on beauty treatments; she had had few facials, and shopping at Sephora was rare. But when Dr Lara Devgan, a plastic surgeon in New York, reopened her office last month, Aubry went in for a consultation and got treated the same day. That office visit was one of the few outings she had taken since March.

Categories
World

103-year-old Pakistani man survives COVID-19

Aziz Abdul Alim, a resident of a village in the mountainous northern district of Chitral, was released last week from an emergency response centre after testing positive in early July.

“We were worried for him given his age, but he wasn’t worried at all,” Alim’s son Sohail Ahmed told Reuters on the phone from his village, close to Pakistan’s border with China and Afghanistan.

Categories
World

Goldman Sachs agrees $3.9bn 1MDB settlement with Malaysia

The deal includes a $2.5 billion cash payout by Goldman and a guarantee by the bank to return at least $1.4 billion in proceeds from assets linked to sovereign wealth fund 1Malaysia Development Bhd (1MDB), the two sides said.

Categories
World

China orders US to shut Chengdu consulate, retaliating for Houston

China ordered the United States to close its consulate in the city of Chengdu on Friday, in a tit-for-tat response to being told to shut its consulate in Houston earlier this week, as relations between the two world powers deteriorated further.

Categories
National

Supply of fake masks: Sharmin Jahan, owner of Aparajita, arrested

Sharmin Jahan, owner of Aparajita International, has been arrested in a case of supplying fake masks at Bangabandhu Sheikh Mujib Medical University (BSMMU).

The Detective and Criminal Investigation Department (DB) of Dhaka Metropolitan Police arrested him from Shahbagh area of the capital around 10:15 pm on Friday.

DB Joint Commissioner Mahbub Alam confirmed the information to the media.
Earlier, BSMMU authorities filed a case against Sharmin Jahan, owner of Aparajita International, at Shahbagh Police Station for supplying substandard N95 masks.

University Proctor Dr. Mozaffar Ahmed told the media that the company had cheated by providing low quality masks. Doctors and health workers refused to use these masks.