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Photo:First Security Islami Bank

2015-04-17 00:00:00

Photo:Brac Bank

2015-04-17 00:00:00

Photo:Shahjalal Islami Bank

2015-04-17 00:00:00

32 listed cos to hold AGMs, EGMs Apr 17 to May 31

FE Report | 2015-04-17 00:00:00

Some 32 listed companies will hold their annual general meetings (AGMs) and Extra-Ordinary General Meetings (EGMs) during the period of April 17 to May 31 this year, officials said. The companies' dividends, recommended by respective boards for the year ended...

IPO subscription of Olympic Accessories begins Sunday

FE Report | 2015-04-17 00:00:00

The initial public offering (IPO) subscription of Olympic Accessories Limited will begin Sunday (April 19) to raise funds worth Tk 200 million from people, officials said. IPO subscription of the company will remain open till April 23 for resident Bangladeshis,...

RAKUB asked to follow BB\\\'s agri loan policy

2015-04-17 00:00:00

RAJSHAHI, Apr 16 (BSS): The Rajshahi Krishi Unnayan Bank (RAKUB) should carry out Bangladesh Bank's (BB) existing policies and directions relating to the agricultural loan properly for boosting the farming yield to feed the gradually increasing population of the country....

Delta Life hands over cheque for Tk 6.7m to Rahimafrooz (BD) Ltd

2015-04-17 00:00:00

Swapan Kumar Sarkar, FCA, chief executive officer (CEO) of Delta Life Insurance Company Ltd handed over a cheque for Tk 6.7 million (67 lakh) to Ataur Rahman Majumder, deputy general manager of Rahimafrooz (Bangladesh) Limited on Wednesday towards settlement of...

ICB AMCL discloses NAV of MFs

2015-04-17 00:00:00

The ICB Asset Management Company Limited (AMCL), a subsidiary of the Investment Corporation of Bangladesh (ICB), has disclosed the net asset value (NAV) of Mutual Funds managed by the company, said a press release. According to the disclosure, the total...

ICB AMCL discloses NAV of different funds

2015-04-17 00:00:00

The ICB Asset Management Company Limited (AMCL), a subsidiary of the Investment Corporation of Bangladesh (ICB), has announced the net asset value (NAV) of different open-ended Mutual Funds managed by the company, said a press release. According to the announcement,...

Photo: ONE Bank Ltd

2015-04-17 00:00:00

Photo: Uttara Bank Limited

2015-04-17 00:00:00

Photo: Al-Arafah Islami Bank Limited (AIBL)

2015-04-17 00:00:00

Finance professionals help better corporate governance

Shamsul Huda | 2015-04-17 00:00:00

Corporate governance in the private sector is increasingly improving, helped by an army of locally-trained financial analysts, consultants and accountancy professionals, experts and insiders have said. They said apart from accountants and chartered accountants, finance and accountancy graduates are driving...

Formation of regional product standard body suggested

FE Report | 2015-04-17 00:00:00

South Asian countries need to adopt a comprehensive regional standard for products and reduce non-tariff barriers to help boost trade within the region, one of the least-integrated in the world. The countries of the South Asian Association for Regional Cooperation...

Right-size admin, spend public money prudently

FE Report | 2015-04-17 00:00:00

The aggregate size of the national budget for the coming fiscal year (FY) , 2015-16, should preferably be kept at the level, not exceeding Tk 2.75 trillion, to make it ‘realistic’ and implementable in the present economic context, suggested Dr...

News Briefs

2015-04-17 00:00:00

Canada to boost clothing imports: Envoy Commerce minister Tofail Ahmed said Thursday the government will take initiatives to increase export to Canada. "Bangladesh wants to increase trade with Canada. The trade relations with Canada are years-old. We will take the...

Correction

2015-04-17 00:00:00

The word 'knitted' in headline of a news item "Trailblazing knitted factory readies itself for operation," published in The Financial Express dated April 16, 2015 on page 17, should be 'knit.'  The error is regretted.

Photo: Modhumoti Bank Limited

2015-04-17 00:00:00

PM seeks increased Spanish investment

2015-04-17 00:00:00

DHAKA, Apr 16  (BSS): Prime Minister Sheikh Hasina Thursday sought more Spanish investment in Bangladesh, particularly in infrastructure, power and energy, telecommunication, ICT and shipbuilding sectors, for mutual benefits of the two countries. The Prime Minister came up with the...

Chinese firm gets cabinet body nod

2015-04-17 00:00:00

The Cabinet Purchase Committee approved on Wednesday two proposals - one for appointment of a Chinese firm for repairing the inner-side of the Bangabandhu Jamuna Multipurpose Bridge and another O&M contract on scanner machines at the Chittagong Port, reports UNB....

Training session for women jobseekers starts on Apr 21

FE Report | 2015-04-17 00:00:00

The government has extended the time for a training session from existing 21 days to 42 days for women overseas jobseekers to help them develop skills. The training programme for the first batch will start on April 21, Director General...

IDCOL to finance solar irrigation in 3 regions

2015-04-17 00:00:00

The Infrastructure Development Company Limited (IDCOL) has signed a Financing Agreement with Solargao Ltd. for 16 solar irrigation projects to be located in Jessore, Jhenaidah and Magura districts. The cost of the project is TK 836 million (8.36 crore), of...

PPP imperative to achieve SDGs

2015-04-17 00:00:00

DHAKA, Apr 16 (BSS) : Participants in an international dialogue held in the United Nations (UN) headquarters in New York on Wednesday opined that Public-Private Partnership (PPP) would be critical to achieve Sustainable Development Goals (SDGs). The daylong dialogue titled...

Exchange Rate

2015-04-17 00:00:00

TIB unearths series of irregularities

FE Report | 2015-04-17 00:00:00

Transparency International Bangladesh (TIB) unearthed Thursday a series of irregularities and unethical transactions of money in coal-based Rampal and Matarbari power plant projects at different levels. The TIB study report on 'Rampal and Matarbari Power Plant Project: Governance Challenges in...

Muggers shoot trader, snatch Tk 1.6m in city

2015-04-17 00:00:00

Muggers have shot a businessman in the capital and snatched Tk 1.6 million (16 lakh) from him, reports bdnews24.com The incident happened on Thursday at Old Dhaka's Nababbari Pukurpar, said Assistant Police Commissioner of Kotwali zone Ahaduzzaman Mia. The businessman,...

Be more cautious to curb illegal capital flight

Siddique Islam | 2015-04-17 00:00:00

The banks have been asked to be more cautious about abnormal cash withdrawal and trade miss-invoicing to prevent illegal capital flight, officials said. The instruction came from a meeting of the central taskforce on anti-money laundering, held at the Bangladesh...

Prayer Timings

2015-04-17 00:00:00

Country sees record power generation at 7,571 MW

2015-04-17 00:00:00

The country experienced a record power generation of 7,571 megawatts (MW) at about 9pm on Wednesday, a press release of the Bangladesh Power Development Board (BPDB) said on Thursday. The BPDB had recorded the earlier highest power generation of 7,418...

Councillor candidate arrested in city

2015-04-17 00:00:00

Police have arrested BNP-endorsed Dhaka councillor aspirant Kawsar Ahmed at Mirpur in the city. He is accused in five cases filed over acts of sabotage. Dhaka City police earlier said they would arrest city polls candidates, accused in cases, if...