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Stocks break five-week winning streak

Babul Barman | 2015-06-13 00:00:00

Stocks closed lower last week that ended Thursday, breaking five consecutive weeks of upbeat movement despite offering of some incentives for the capital market in the proposed budget. It was the first week after announcement of the budget proposed for...

Electro Mart Ltd and Dutch-Bangla Bank Ltd

2015-06-13 00:00:00

The currency shows stable tone

2015-06-13 00:00:00

(June 5-June 11, 2015) The local currency maintained stable tone last week as well. The country continued its foreign currency receiving as inward remittances. Bangladesh Bank purchased the fresh  USD from interbank to stabilise the market. The market might see...

Al-Arafah Islami Bank Ltd

2015-06-13 00:00:00

13 projects to boost fish production planned

2015-06-13 00:00:00

The government is planning to take up 13 development projects, aiming to achieve the target of producing 45.52 metric tons of fish at the end of 2021, reports UNB. According to the Fisheries and Livestock Ministry, the government is preparing...

Biotech to protect 60pc loss of pulses output

2015-06-13 00:00:00

The introduction of biotechnology in cultivation of three varieties of pulses - lentil, chickpea and mungbean - may protect 60 per cent production loss, said researchers, reports BSS. Quoting the findings of their research work they said lentil, chickpea and...

Poor turnout of visitors frustrates participants

Badrul Ahsan | 2015-06-13 00:00:00

The four-day REHAB Summer Fair- 2015 ended on Friday with poor sales due to multifarious reasons including heavy rainfall, participants said. Inadequate publicity and wrong fixation of fair dates were also blamed for the poor transactions. The number of visitors...

SBC warned as Tk 4.0b premiums lie in arrears

Rezaul Karim | 2015-06-13 00:00:00

The insurance regulator has warned the state-run agency SBC against non-compliance with the related provisions in realisation of outstanding re-insurance premiums to the tune of Tk 4.0 billion (400 crore), sources have said. The regulator has also directed the Sadharan...

Prices of beef, chicken, mutton, egg, fish up

2015-06-13 00:00:00

FE Report Maintaining the rising trend, prices of beef, chicken, mutton, egg, fish and pulses increased further on Friday compared to that of its previous level. Broiler chicken prices reached Tk 170-175 per kg while layer chicken was traded at...

Quamrul Islam Chowdhury, Deputy Managing Director

2015-06-13 00:00:00

Govt to institutionalise Zakat collection, management : Planning Minister

2015-06-13 00:00:00

FE Report Planning Minister AHM Mustafa Kamal Friday stated that government will mobilise Zakat funds  in a structured management if possible under existing system. "We are looking into the matter, if possible, we will certainly institutionalise Zakat collection and management...

Schneider Electric showcases products

2015-06-13 00:00:00

Schneider Electric, a global leader in energy management, announced the completion of its two days event 'Udayan' held recently in the city. M Gurudutt, Director, Channel & Midmarket, IT Business, Schneider Electric said the two- day event was participated by...

A K Azad re-elected SJIBL chairman

2015-06-13 00:00:00

Mr. A. K. Azad was unanimously re-elected as Chairman of the Board of Directors of Shahjalal Islami Bank Limited in its 217th meeting of the Board of Directors held Thursday. In the same meeting, Alhaj Mohammad Younus and Alhaj Md....

CPD dialogue on budget today

2015-06-13 00:00:00

A dialogue on Analysis of the National Budget FY2015-16, arranged by Centre for Policy Dialogue (CPD) will be held today (Saturday) at 9.30 am at Lakeshore Hotel at Gulshan in the city. A H M Mustafa Kamal, MP, Minister for...

daraz.com.bd launches campaign

2015-06-13 00:00:00

International online shopping store daraz.com.bd has recently launched a mega sale campaign on mobile phones targeting the Holy Ramadan. Mr. Sumeet Singh, the chairman of Daraz Bangladesh said that the company has sold about 10000 mobile phone sets till the...

Shakib takes his 100th wicket at home

2015-06-13 00:00:00

FATULLAH, 12 (BSS): Ace allrounder Shakib Al Hasan reached a new landmark as he grabbed 100th wicket at home during the third day of the one-off Test match against India at the Khan Shaheb Osman Ali Stadium here today. Shakib...

Women Chess Champ begins in city June 22

2015-06-13 00:00:00

The Preliminary phase of the 35th National Women Chess Championship will begin June 22 at the Bangladesh Chess Federation hall-room. It's an open event for all girls and women chess players and no entry fee would be required, reports BSS....

Olympic Day Run held

2015-06-13 00:00:00

The Bangladesh Olympic Association (BOA) observed the Olympic Day Run-2015 in the city and six other divisional headquarters on Friday as part of the IOC's global programme to popularise the Olympic movement, reports BSS. BOA secretary general Syed Shahed Reza...

Nepal PM hails BB for support to earthquake victims

2015-06-12 00:00:00

  Nepal’s Prime Minister Sushil Koirala has expressed his sincere thanks and deep appreciation to Bangladesh Bank Governor Dr Atiur Rahman for Bangladesh central bank’s support under corporate social responsibility (CSR) to the victims of the recent devastating earthquakes in Nepal.  ...

Govt department asks DCs, SPs to keep goods supply, prices stable in Ramadan

2015-06-12 00:00:00

Department of Agriculture Marketing has sought cooperation from deputy commissioners and superintendents of police of all the districts to keep supply and prices of commodities stable during the Ramadan.  Director Md Mahbub Ahmed sent letters to the district-level administrative and...

Prime Minister in London

2015-06-12 00:00:00

A hearty and warm reception was accorded to Prime Minister Sheikh Hasina as she arrived at Heathrow International Airport in London  Friday afternoon on a six-day visit to the United Kingdom. A VVIP flight of Biman Bangladesh Airlines carrying the...

Flood situation in north deteriorates

2015-06-12 00:00:00

The flood situation has deteriorated in the northern districts, including Nilphamari and Kurigram, with an increase in water level of different rivers, including the Teesta.  In Nilphamari, the water level of the Teesta River has risen due to heavy rain...

Seven killed in road accidents in three dists

2015-06-12 00:00:00

Seven people were killed and 25 others injured in separate road accidents in Natore, Dinajpur and Manikganj district on Thursday, reports UNB. In Natore, Three people were killed as a damaged truck overturned on the road in Atrai bridge toll...

Detailed DSE Trading

2015-06-12 00:00:00

Capital flight — myths versus realities

Syed Ashraf Ali in the first of a two part article | 2015-06-12 00:00:00

Lately, nearly everyone from all shades of opinion is eager to throw in his or her two cents on the highly topical subject of capital flight from Bangladesh. However, most of their thoughts and ideas are far remote from the...

Unrelenting debate on growth rate

Saleh Akram | 2015-06-12 00:00:00

Growth rate is defined as a measure of economic development in a certain fiscal year in percentage terms. This measure is not adjusted for inflation. It is expressed in nominal terms. In practice, it is a measure of the rate...

Renewed faith in PPP

2015-06-12 00:00:00

Even six years after the incumbent finance minister first mentioned it in his budget speech in 2009, the public-private partnership (PPP) initiative has remained almost a non-starter. The government has taken up projects after projects over the years under the...

Planning for mango economy

Nilratan Halder | 2015-06-12 00:00:00

Jaishtha, the second month on the Bangla calendar, is lovingly called Madhu mas (the month of honey). This is not for nothing. Although it is high summer time, the month's ferocious sultry heat is largely compensated by the many varieties...

GPA-5: Blessing or a disaster?

Nabil Azam Dewan | 2015-06-12 00:00:00

Last year, a staggering total of 70,000 students got GPA-5, better known as A+, in the Higher Secondary Certificate (HSC) examinations. This number is significantly higher than any of the previous years since the grading system for public exams was...

Obesity in children is worrisome

2015-06-12 00:00:00

Obesity is an issue that can not be cannot be downplayed anymore.  We all know that obese children have higher chances of becoming obese adult unless they are taken take of immediately. Nowadays obesity in children is increasing alarmingly. I...