FE Report | 2015-06-29 00:00:00
Stocks ended higher Sunday, breaking a six-day losing streak with turnover rose slightly as bearish spell in recent sessions created lucrative buying opportunity in several stocks. The market opened higher in the morning and the upward trend sustained throughout the...
Dr. Atiur Rahman, Governor of Bangladesh Bank (BB) has expressed his concern against withdrawal of correspondent banking by some banks of developed countries affecting small remitters of developing countries like Bangladesh. "The banks of developing countries are being denied of...
FE Report | 2015-06-29 00:00:00
Induction furnace in steel making is now getting popularity in Bangladesh thanks to its energy-efficient and well-controllable melting process in comparison with traditional melting, speakers told a seminar on Saturday. They also said growth of induction furnace is growing fast...
Toufique Ali joins Kafco as CEO Dr. Toufiq Ali assumed charge as the Chief Executive Officer of Karnaphuli Fertilizer Company Ltd. (KAFCO) recently. He had joined the erstwhile Civil Service of Pakistan (CSP) in 1968 and later moved to the...
The 32nd Annual General Meeting (AGM) of City Bank was held at Golf Garden, in the city Sunday. Rubel Aziz, Chairman of the bank, presided over the meeting, said a press release. Also present at the AGM were -- Vice...
Jamuna Bank Foundation organised a dicussion meeting on significance of the Ramadan & lifesketch of Prophet and Rasuls and a Qirat competition for the children of executives, officers and staff of Jamuna Bank Limited in the city recently, said a...
Doulot Akter Mala | 2015-06-29 00:00:00
The Finance Bill-2015, set to be adopted in parliament today (Monday), is likely to see some major changes in tax measures proposed originally, including restoration of tax-benefit on fisheries' income and reduction of rates for others. Finance Minister AMA Muhith...
FE Report | 2015-06-29 00:00:00
Environment and Forest Minister Anwar Hossain Manju claimed Sunday that his ministry failed to enforce the environmental laws against errant industrialists and polluters, fearing an 'allegation of sabotage' against him by the government. "The law stipulates that all the old...
FE Report | 2015-06-29 00:00:00
Severe traffic gridlock slowed the movement of vehicles in the city on Sunday forcing many passengers to get down and start for their respective destinations on foot. Vehicles moved inch by inch towards their destinations on almost all the roads...
Siddique Islam | 2015-06-29 00:00:00
The central bank has taken a couple of measures to help rejuvenate the country's capital market, officials said. Under the measures, loan provisioning rules on mutual fund (MF) units was relaxed further on Sunday, considering the overall market situation, they...
Jasim Uddin Haroon | 2015-06-29 00:00:00
The national statistical organisation has made a major move to scrap its traditional forecasting methods applied in the case of agriculture sector. The methods often do not depict the real picture of major crops and thus cause economic miscalculations, sources...
A moderate earthquake in Assam of India jolted Dhaka and other parts of the country on Sunday morning. The tremor struck around 7:05 am. The magnitude of the quake was 5.4 on the Richter scale and the epicentre was 318...
FE Report | 2015-06-29 00:00:00
The government has inked a US$505 million loan deal with the Asian Development Bank (ADB) to develop the country's main Dhaka-Chittagong railway corridor with second railway track for boosting national and sub-regional trade. Officials said some 72-kilometre long dual gauge...
M Azizur Rahman | 2015-06-29 00:00:00
Indian Oil Corporation Ltd has shown interest to export re-gasified liquefied natural gas (LNG) to run a 750-800 megawatt (MW) combined cycle power plant (CCPP) in Khulna, said officials. The state-run Indian Oil Corporation, also known as IndianOil, has proposed...
Our Correspondent | 2015-06-29 00:00:00
CHITTAGONG, June 28: Customs Intelligence and Investigation Directorate has constituted a three-member committee to probe into the presence of liquid cocaine in the edible oil imported through Chittagong Port. Deputy director of Chittagong Customs Intelligence at the Customs House Zakir...
FE Report | 2015-06-29 00:00:00
Business conglomerate Summit Group in partnership with the government and an Indian firm will build Bangladesh's first Hi-Tech Park meant for offering world-class infrastructure for the IT industry. To this effect, Bangladesh Hi-Tech Park Authority (BHTPA) under the Ministry of...
FE Report | 2015-06-29 00:00:00
Advance bus tickets for home-bound passengers ahead of the upcoming Eid-ul-Fitr will be put on sale from July 03 (Friday), insiders said. Bangladesh Bus Truck Owners Association (BBTOA) took the decision at a meeting on Saturday, they said. Bangladesh Railway...
The Appellate Division (AD) of the Supreme Court (SC) upheld on Sunday the High Court (HC) order that granted bail to BNP acting secretary general Mirza Fakhrul Islam Alamgir in three violence cases, reports UNB. A four-member bench of the...
Police have sought to take into their custody Bakhtiar Alam Rony for the third time over a shooting that left two people dead at Dhaka's Eskaton, reports bdnews24.com. MP Pinu Khan's son Rony was produced before court after a four-day...
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