Syful Islam | 2015-06-24 00:00:00
Repeated 'failure' in enacting enforcement rules on Bangladesh Labour Law and government-BGMEA joint repugnance for the activities of Accord seem to have strained the country's relations with the European Union. Official sources said the displeasure of the EU was hinted...
Speakers at a dialogue Tuesday put emphasis on increased budgetary allocation as well as investment in Chittagong Hill Tracts (CHT) to boost tourism in the region, reports BSS. Unnayan Shamannay organised the dialogue "Proposed National Budget 2015-15: CHT Perspective" at...
The long-awaited Barisal-Bhola 230kV power transmission line has finally gone into operation amid a high hope that it will help improve the electricity supply in the country's southwestern region, particularly the districts located in Barisal and Khulna divisions, reports UNB....
Japan will provide 2881 million Japanese Yen in grant assistance to help Bangladesh implement a project taken for the improvement of meteorological Radar system in Dhaka and Rangpur, reports UNB. Bangladesh and Japan will sign a grant agreement on Wednesday...
Bangladesh Bank (BB) has included transgender population in the Corporate Social Responsibilities (CSR) programme of the country's banking sector, reports BSS. "The expenses for improving the living standard of the state recognised transgender population would be considered as CSR activities",...
Each year before Eid Bangladesh Bank (BB) releases new currency notes to meet the market demand ahead of the festival, reports bdnews 24.com. However, it may not be the case this time. One of the officials from the Department of...
FE Report | 2015-06-24 00:00:00
A view exchange meeting on Tuesday gave its opinion against further extending the tenure of eight closed-end mutual funds (MFs), managed by the Investment Corporation of Bangladesh (ICB). Convened by the Ministry of Finance (MoF), the meeting also opined for...
FE Report | 2015-06-24 00:00:00
Stocks closed marginally lower for the fourth consecutive sessions Tuesday as late sale pressure wiped-out early gains. The market opened with a positive note, but could not sustain as the session progressed. DSEX, the prime index of the Dhaka Stock...
US FDA (United States Food and Drug Administration) has recently released Establishment Inspection Report (EIR) on recent Pre Approval Inspection (PAI ) to Square Pharmaceuticals Ltd. The report states that Square had a satisfactory cGMP inspection covering manufacturing of solid...
FE Report | 2015-06-24 00:00:00
The Bangladesh National Insurance Company (BNIC) has allegedly changed its share-holding ratio without taking prior approval from its regulatory body. This was revealed in a number of letters issued to the Bangladesh Securities and Exchange Commission, Registrar of Joint Stock...
Lafarge Surma promoted to 'A' category Lafarge Surma Cement was promoted to 'A' category from existing 'Z' category with effect from Tuesday as the company has reported disbursement of 10 percent cash dividend, officials said Tuesday. The multinational cement maker...
Pragati Life Insurance Limited has recently signed a memorandum of understanding (MoU) with SNV Netherlands Development Organisation. Chief Executive Officer, Md Jalalul Azim of Pragati Life and Country Director, Paul Stevens of SNV signed the contract on behalf of the...
Siddique Islam | 2015-06-24 00:00:00
The state-owned Janata Bank has sent to the central bank the applications of two business houses -- Beximco and Thermax -- for restructuring their large loans worth Tk.25.16 billion, officials said. The Beximco Group, one of the top business conglomerates...
Ismail Hossain | 2015-06-24 00:00:00
The government is bringing amendment to the existing rules to make a provision for appointing administrator to salvage any micro-finance institutions (MFIs) in trouble, officials said. In the meantime, they said, the Microcredit Regulatory Authority (MRA) has finalised the rules...
Shamsul Huq Zahid | 2015-06-24 00:00:00
The permission granted to the private rental power plants to import furnace oil duty-free has turned out to be yet another classic case of rash decision taken by the government. The government, in the face of mounting pressure from the...
FHM Humayan Kabir | 2015-06-24 00:00:00
The government is set to cut the investment target drastically in the upcoming 7th five-year plan (FYP) following a sluggish growth over the last few years, officials said Tuesday. Some economists, however, are of the opinion that even achieving the...
The board of directors of National Bank Limited (NBL) on Tuesday made the bank's Managing Director (MD) Shamsul Huda Khan officer on special duty (OSD) over alleged irregularities. At its meeting, the board also gave NBL's Additional Managing Director Badiul...
FE Report | 2015-06-24 00:00:00
The latest market study of the state-run Department of Agricultural Marketing (DAM), released on Tuesday, found that prices of some key commodities have increased by 60-120 per cent in major cities in the holy Ramadan despite having enough stock of...
M Azizur Rahman | 2015-06-24 00:00:00
The International Finance Corporation (IFC) of the World Bank Group will provide 25 per cent of the cost of building the first floating LNG terminal of the country. The IFC signed a deal Tuesday with the contractor of the terminal-Excelerate...
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