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Emirates launches \\\'Be there\\\' campaign

2015-05-27 00:00:00

Emirates has launched 'Be There', a global campaign that celebrates curiosity, wanderlust, and the adventure that comes with travel, says a press release in Dhaka. For this digital and social media campaign, Emirates has turned to its own "globalists" -...

Potato exporters fear shipment slump

Badrul Ahsan | 2015-05-27 00:00:00

Potato exporters fear further setback after the Russian government imposed ban on import of produce from Bangladesh, industry insiders said. Russia early this month temporarily suspended imports of potatoes from Bangladesh, citing food safety and disease risks issues. The decision...

Business leaders seek uniform source tax on export sectors

FE Report | 2015-05-27 00:00:00

Strongly opposing the government's move to raise source tax on readymade garment (RMG) export proceeds, leaders of the country's leading trade bodies Tuesday demanded imposition of a uniform source tax for all export sectors. The businesses at the business advisory...

ACCA halves fees for Bangladeshis

2015-05-27 00:00:00

The UK's Association of Chartered Certified Accountants (ACCA) announced Thursday a substantial reduction in fees by over 50 per cent to stimulate the uptake of professional accountancy qualification in Bangladesh. The reduction in fees is part of ACCA's new strategy...

Move to adopt safety action plan for RMG

FE Report | 2015-05-27 00:00:00

The government has decided to adopt an action plan for ensuring health and occupational safety in five industrial sectors including readymade garments (RMG) and leather, sources said. The decision was taken Tuesday at the first meeting of a committee that...

News Briefs

2015-05-27 00:00:00

CMCCI seeks Tk50b for flyover at Ctg port CHITTAGONG, May 26: Businesses in the port city have sought an allocation of Tk 50 billion for the construction of a flyover in the port area as hundreds of trucks and trailers...

Plan to set up mobile phone assembling plant

FE Desk | 2015-05-27 00:00:00

The government is going to organise a three-day Bangladesh ICT Expo-2015 at Bangabandhu International Conference Centre (BICC) in the city. ICT Division in collaboration with Bangladesh Computer Samity (BCS) will organise the event, which will kick off on June 15....

MoC to devise strategy to check price hike in Ramadan

FE Report | 2015-05-27 00:00:00

The government sits tomorrow (Thursday) with some agencies concerned to draw up a plan ahead of Ramadan so that prices of key essential items remain under control in the holy month, officials said. The meeting at the Ministry of Commerce...

JS body discusses audit report on foreign aided projects

2015-05-27 00:00:00

The parliamentary standing committee on public accounts Tuesday discussed the annual audit report for 2010-11 on foreign aided projects under the three Ministries of LGRD and Cooperatives, Communications and Agriculture, reports BSS. The audit report came up for discussion at...

Industries to be made smoke-free zone: Amu

2015-05-27 00:00:00

The government will soon declare industries and factories smoke-free zones to protect the health and ensure safety of the industrial staff, reports BSS. The ministry of industries will issue a circular regarding the matter when all the industries will also...

Photo: Institute of Chartered Accountants of Bangladesh (ICAB)

2015-05-27 00:00:00

Photo: NRB Bank

2015-05-27 00:00:00

Exchange Rate

2015-05-27 00:00:00

Stocks edge up amid profit booking

FE Report | 2015-05-27 00:00:00

Stocks closed marginally higher Tuesday with turnover falling slightly, as late profit-booking wiped-out most of the early gains. Dhaka Stock Exchange (DSE) returned to normal trading hours on the day, after facing technical problem in the two previous trading sessions,...

Al-Arafah becomes first banking co to own equity of CBS provider

Special Correspondent | 2015-05-27 00:00:00

Al-Arafah Islami Bank Ltd, a second generation private commercial bank (PCB) has acquired 51 per cent shares of Millennium Information Solution Ltd (MISL), one of the biggest software companies of Bangladesh. Corporate insiders said the $ 2.0 million investment from...

New Chairman of IFIL

2015-05-27 00:00:00

Mostanser Billa has been elected Chair-man and Rezakul Haider and Anis Salahuddin Ahmad were  elected Vice Chairmen of Islamic Finance and Investment Limited (IFIL) in its 183th Board meeting held Monday, said a press release. Anwar Hossain Chowdhury was elected...

Photo: Bank Asia

2015-05-27 00:00:00

Photo: United Commercial Bank Limited (UCBL)

2015-05-27 00:00:00

Experts, stakeholders for revising banks’ exposure deadline to capital market

FE Report | 2015-05-27 00:00:00

Experts and stakeholders spoke in favour of revising the bank's exposure to the capital market and extension of timeframe for adjusting over exposure for bringing back normalcy in the capital market. They also said the securities regulator should ensure proper...

Photo: Bangladesh Power Development Board (BPDB)

2015-05-27 00:00:00

Photo: Standard Bank Limited

2015-05-27 00:00:00

Photo:Trust Bank Limited

2015-05-27 00:00:00

Photo: \\\"Singer Furniture Family Fiesta- Furniture & Family Festival\\\"

2015-05-27 00:00:00

Photo: Dhaka Bank Limited

2015-05-27 00:00:00

IPO Diary

2015-05-27 00:00:00

India closes in on two BD SEZs

Doulot Akter Mala | 2015-05-27 00:00:00

The government is likely to award two special economic zones (SEZ) to Indian investors-one at Mongla in Bagerhat and the other at Bheramara in Kushtia. The Mongla SEZ would be set up on about 205 acres of land and the...

Modi due in city June 06

2015-05-27 00:00:00

India Prime Minister Narendra Modi will pay a two-day state visit to Bangladesh from June 06, it was officially announced, report agencies. The visit, Modi's first to Bangladesh after coming to power last year, is at the invitation of Bangladesh...

Major reforms in bureaucracy stressed

FE Report | 2015-05-27 00:00:00

Former bureaucrats, business leaders, economists and academics underlined Tuesday the need for bringing about major reforms in the country's bureaucracy to achieve good governance and higher level of economic growth. They said such changes in both micro and macro levels...

Restraining winged capital from flying

Shamsul Huq Zahid | 2015-05-27 00:00:00

Capital worth over $18 billion went out of country between 2005 and 2014 using both legal and illegal channels, the keynote paper presented at a 'press meet' held by a group of civil society organisations in Dhaka Sunday last estimated....

Malaysia starts exhuming bodies at jungle camps

2015-05-27 00:00:00

BUKIT WANG BURMA (Malaysia), May 26 (Agencies):  Malaysian police forensic teams, digging with hoes and shovels, began pulling out the remains of dozens of suspected victims of human traffickers on Tuesday from shallow graves discovered at a jungle camp near...