FE Report | 2015-06-23 00:00:00
The securities regulator Monday approved the draft rules of 'Alternative Investment', paving the way for foreign and local investments in the non-listed companies, officials said. The approval came at a commission meeting held at the office of the Bangladesh Securities...
FE Report | 2015-06-23 00:00:00
A view-exchange meeting of stakeholders will take place today (Tuesday) to discuss the future of eight closed-end mutual funds (MFs), managed by the Investment Corporation of Bangladesh (ICB), officials said. Representatives of the Bangladesh Bank (BB), the Bangladesh Securities and...
FE Report | 2015-06-23 00:00:00
Stocks edged marginally lower for the third straight sessions Monday amid choppy trading as investors remained cautious due to lack of clear market direction. The market opened with a positive note, but could not sustain as the session progressed. DSEX,...
FE Report | 2015-06-23 00:00:00
Zaheen Spinning Ltd, a Narayangonj-based cotton yarn manufacturer, has decided to increase their production capacities by installing new spindles, officials said. "The Board of Directors have already opened three L/Cs on June 17, 2015 to import a set of capital...
Anwar Group appoints new CHRO Kazi Rakibuddin Ahmed has recently joined Anwar Group of Industries as Group Chief Human Resources Officer. A veteran HR professional, Mr. Rakib has more than two decades of well rounded experience in leading multinationals like...
The 42nd Annual General Meeting (AGM) of ACI was held at Officers’ Club recently. In the meeting, shareholders made positive remarks about Shwapno and the progress made so far. Shwapno has already contributed significant revenue to ACI, and will continue...
M Azizur Rahman | 2015-06-23 00:00:00
The government has retreated from its decision taken earlier to open again the country's onshore blocks for oil-and-gas exploration to international oil companies (IOCs) as protests from local experts held sway. "We have decided not to open the onshore blocks...
M. A. Taslim | 2015-06-23 00:00:00
The country's Minister of Finance (MF), Mr. A M A Muhith, placed the fiscal year (FY) 2015-16 budget proposal before the Parliament on June 04, 2015. This was the seventh time he repeated the ritual without any interruption. No other...
Kamrun Nahar | 2015-06-23 00:00:00
The Dhaka Power Distribution Company Limited (DPDC) has been facing serious problems in its bid to recover the power usage bill arrears from a number of public sector clients. Only two government organisations owe Tk 1.48 billion to the DPDC...
People will have to pay for re-issuance of their National ID (NID) cards in case of loss, damage, and correction of personal information. Fees ranging from Tk 100 to Tk 1,000 will be applicable from September 1, according to a...
FE Report | 2015-06-23 00:00:00
Apparel manufacturers will seek detailed information from the Accord's Steering Committee on its spending on factory remediation programme at a meeting with the latter today (Tuesday), sources said. The meeting will be held between the leaders of the Bangladesh Garment...
Munima Sultana | 2015-06-23 00:00:00
The government is set to sign deal on June 29 with China to construct country's maiden tunnel across Karnaphuli River, after a lot of improvisations that led to cost overrun. According to latest calculations, official sources said, the cost inflated...
FE Report | 2015-06-23 00:00:00
A mobile court headed by an executive magistrate can now punish offenders even if they don't admit to having committed such offences, according to a new legal provision. The cabinet approved Monday the draft 'Mobile Court (Amendment) Act 2015' that...
FE Report | 2015-06-23 00:00:00
The central bank issued on Monday show-cause notices on 20 officials involved in holding a demonstration in front of its main building before the board meeting on the previous day. "We've issued the show-cause notices against the officials involved in...
AGARTALA, June 22: Border Guards Bangladesh (BGB) have agreed to construct at least 40 new border outposts (BOPs) facing Tripura and Mizoram along the India-Bangladesh border to check militant activities and trafficking, a BSF official said here on Monday, according...
The Myanmar border police agreed to return Nayek Abdur Razzak on one condition, the Border Guard Bangladesh says, reports bdnews24.com. The condition is that Bangladesh will have to take in 555 human trafficking victims rescued by the Myanmar Navy from...
European Union (EU) Ambassador in Dhaka Pierre Mayaudon Monday said connectivity is now a pivotal concept for Bangladesh and that nothing can stop it from becoming a growing reality, reports UNB. He appreciated Bangladesh's approach towards regional connectivity. "Bangladesh is...
BNP demanded on Monday an explanation from Foreign Minister (FM) AH Mahmood Ali about the diplomatic progress on brining back abducted BGB Nayek Abdur Razzak from Myanmar, reports UNB. On the other hand, the party demanded the government carry out...
Awami League (AL) will observe its 66th founding anniversary today (Tuesday), reports UNB. Founded on June 23, 1949 at the historic Rose Garden in the old part of Dhaka, the party played the lead role in all democratic movements apart...
A Dhaka court issued on Monday arrest warrant against 33 BNP leaders, including its senior leaders Rafiqul Islam Miah and Amanullah Aman, in a case for hurling petrol bomb at a bus in the city's Mirpur area on January 25,...
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