Bangladesh Bank (BB) Governor Dr. Atiur Rahman chaired a panel discussion on 'Financing the Growth: Investment Opportunities in Bangladesh Capital Market', at 'Bangladesh Roadshow UK 2015 on Creating Opportunities for Investors' held in London, Thursday. In the Roadshow, among other...
FE Report | 2015-09-11 00:00:00
Weight of Bangladesh in the MSCI Frontier Markets (FM) Asia Index in August was 14.62 per cent of the total index. The index captures large and mid-capital representation across four countries - Bangladesh, Pakistan, Sri Lanka and Vietnam. The index...
Grameenphone Limited announced the Durbin by Durbin Labs as the winner of Telenor's 'Digital Winner' Bangladesh apps competition at a gala ceremony held at a local hotel Thursday, said a statement. They will represent Bangladesh at Digital Winners Conference at...
EBL cardholders to enjoy privilege at Akhtar Furnishers M Khorshed Anowar Head of Direct Business of Eastern Bank Limited (EBL) and K.M Akhtaruzzaman Chairman Akhtar Group exchanged documents after signing a customer benefit in Dhaka recently. Under the agreement, EBL...
The SME Foundation Thursday penned an agreement with the country's largest multiproduct NBFI IDLC Finance Ltd, said a statement. Under the agreement, the state run agency will provide Tk 30 million at a favorable interest rate to IDLC under its...
Pharmaceuticals sector remained the top turnover leader in the Dhaka Stock Exchange (DSE) in recent months due to its enhanced profitability and disbursement of better dividend yield among the investors. Pharmaceutical sector captured 15.6 per cent of the total turnover...
Our correspondent | 2015-09-11 00:00:00
MAGURA, Sept 10: Winter vegetable cultivation is facing set back in the district this year due to waterlogging and seed crisis. Now it is high time to cultivate winter vegetables. But the cultivation is being hampered in the district. About...
Our Correspondent | 2015-09-11 00:00:00
PABNA, Sept 10: High price of seedlings hits Aman cultivation in nine upazilas of the district and adjacent areas. The acute crisis of seedlings prevails in Greater Pabna district, causing anxiety among the farmers. Seedbeds were damaged by incessant rain...
Our Correspondent | 2015-09-11 00:00:00
GOPALGANJ, Sept 10: Cucumber cultivation is gaining popularity among the farmers of Sadar Upazila in the district as it has proved profitable. According to Department of Agriculture Extension (DAE), Gopalganj sources, around 60 hectares of land have been brought under...
FE Report | 2015-09-11 00:00:00
Bangladesh needs increased foreign direct investment (FDI) to help accelerate economic growth, thus upgrading its status as an upper-middle-income country. The views came at a plenary session with young entrepreneurs, which was organised at a city hotel by the City...
FE Report | 2015-09-11 00:00:00
The Registrar of Copyright Office seized on Thursday some 69 laptops from Flora Telecom office for making pirated software. A team, comprising personnel from law enforcement agencies, led by joint secretary of Cultural Affairs Ministry Monjurur Rahman, conducted the drive...
Rezaul Karim | 2015-09-11 00:00:00
The government is planning to establish two border economic zones (BEZs) in Ukhia and Teknaf under Cox's Bazar, officials said. The initiative has been taken mainly to generate large-scale employment in these border areas for discouraging illegal drugs business and...
Syful Islam | 2015-09-11 00:00:00
New Delhi has requested Dhaka to take advantage of the simplified duty-free tariff preference (DFTP) scheme it offered to the least developed countries (LDCs) to raise their exports to India, officials said. The Indian High Commission in Dhaka in a...
Monira Munni | 2015-09-11 00:00:00
The country's apparel makers are in a difficult situation to successfully carry out their ongoing factory remediation programme, for which the industry needs around US$ 2.0 billion, following poor response from foreign stakeholders to this effect, insiders said. Although pledges...
A woman died after she received snakebite at Biharipara in Puthia upazila of Rajshahi district on Thursday. The deceased was identified as Shaheda Begum, 45, wife of Rajab Ali. Locals said a venomous snake bit Shaheda while she was sleeping...
US stocks ended higher on Thursday in another day of broad swings as investors showed nervousness ahead of next week's much-anticipated Federal Reserve meeting, but gains in Apple and biotech shares supported the day's advance. Apple's shares (AAPL.O) rose 2.2...
BREB subscribers reach 126m The Bangladesh Rural Electrification Board (BREB) is committed to providing electricity to the families expected to get power by 2018, helping the government to implement its Vision-. To achieve the goal, the agency brought 330,000 families...
Bangladesh is ready to welcome one million Chinese tourists to visit Buddhist Heritage sites in the country in 2016, declared as tourism year by Prime Minister Sheikh Hasina. "We sought Chinese cooperation for welcoming one million Chinese tourists targetting the...
Increasing women participation in labour force can make Bangladesh middle-income country by 2021, the World Bank (WB) Group's "Women, Business and the Law 2016 report, released in Washington DC on Thursday, said, reports BSS. Referring to the finds of a...
UN Secretary-General Ban Ki-moon emphasised improving the wellbeing of the vast majority of the world's people recognising the great potential of South-South cooperation. "Let's recognise the great potential of South-South cooperation to improve the wellbeing of the vast majority of...
RANGPUR, Sept 10 (BSS): There is no alternative to spreading positive use of information and communication technology (ICT) and internet facilities among common people for proper implementation of the Vision 2021. Deputy Commissioner Md. Rahat Anwar said this at the...
RAJSHAHI, Sept 10 (BSS): A hi-tech park is going to be set up in the city as necessary process is progressing successfully creating high hopes among all quarters concerned particularly the business icons and ICT experts. A 37-acre site has...
Awami League Joint General Secretary Mahbub-ul-Alam Hanif on Thursday urged Finance Minister AMA Muhith to reconsider the decision regarding imposition of Value Added Tax (VAT) upon the private universities. He made the appeal while speaking as the chief guest at...
Walking back from the decision of the re-registration of SIM cards, State Minister for Posts and Telecommunications Tarana Halim on Thursday said the telecommunication operators will provide lists of all mobile subscribers to the NID (National Identity) Registration Wing of...
writes M. A. Taslim in continuation of a front-page economic analysis on this theme | 2015-09-10 00:00:00
It is in general the case that the value of the domestic currency appreciates (may be with a lag) when there is a marked increase in the overall balance. Conversely, it depreciates when there is a fall in the overall...
Javed Siddiqui | 2015-09-10 00:00:00
The Jatiya Sangsad passed the Financial Reporting Act, 2015 (FRA) on Sunday (September 06, 2015). Among other things, the FRA requires the establishment of a new oversight body, referred to as the 'Financial Reporting Council (FRC)'. The main purpose of...
Notwithstanding the important role the land ports play in the country's external trade, their problems and weaknesses are not taken care of, with due earnestness by the authorities concerned. Nor the media is interested in highlighting the land ports' problems...
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