FE Report Trading of the units of 1st ICB Mutual Fund (MF), whose tenure ended on Tuesday, did not take place Wednesday in absence of any regulatory decision on whether the trading will be continued or suspended. The officials of...
Eminent Industrialist and social worker Hafiz Ahmed Mazumder has been re-elected as Chairman of the Board of Directors of Pubali Bank Ltd.; On the other hand, Habibur Rahman and Fahim Ahmed Faruk Chowdhury have been re-elected as Vice-Chairman of the...
Mr. Badiur Rahman will continue as the Chairman of Al-Arafah Islami Bank Ltd. for 8th time. The 273rd meeting of the Board of Directors re-assigned him as the Chairman unanimously on Tuesday. According to the decision of the meeting Chairman...
Prime Finance & Investment Ltd's total investment was Tk. 15,919.10 million in the FY 2014 as against Tk. 15,078.94 million in the FY 2013. Net profit after tax of the Company stood at Tk. 469.73 million in the FY 2014...
Rokia A Rahman has been reelected chairperson of MIDAS Financing Ltd. Ms Rahman, the former adviser to the caretaker government of Bangladesh was reelected chairman of the board of the company unanimously for a period of another two years. Ms...
The green and eco-friendly projects have become one of the major focuses of country's banking sector, with increasing credit flow, according to Bangladesh Bank (BB), reports BSS. The latest data of the BB's green banking and CSR department showed that...
The 19th Annual General Meeting (AGM) of Prime Insurance Company Limited was held at BIAM Auditorium in the city recently. Md Zakiullah Shahid, chairman of the company presided over the meeting attended by the board of directors, CEO Ms Mohammodi...
FE Desk Transfast, LLC and BRAC Bank Ltd. of Bangladesh recently announced that they have partnered to enable Transfast customers to make instant bank transfers into accounts at BRAC Bank - the first-ever instant bank deposit service to Bangladesh by...
FE Report | 2015-04-02 00:00:00
Government and non-government representatives, academicians and civil society members will sit in a dialogue beginning in Khulna city on Friday to address issues including displacement of people caused by disasters and other climate change effects in South Asia and the...
FE Report The government has sought international help including that from the International Organisation of Migration (IOM) to bring back Bangladeshis stranded in trouble-torn Yemen. It also formed an inter-ministerial committee to proceed on with the evacuating process of Bangladeshis...
President Abdul Hamid and Prime Minister Sheikh Hasina Wednesday urged all local and foreign organisations, civil society and affluent people of society to come forward for the welfare of autistic people, reports BSS. They made the call by issuing separate...
Dhaka Water Supply and Sewerage Authority (DWASA) signed a contract with RFL Plastic Ltd and China Railway First Group (CRFG) Ltd at DWASA board room on Tuesday, said a press release. These farms will rehabilitate a total of 376 kilometres...
The damages and losses caused by river erosion each year in the country could be minimised significantly through dissemination of riverbank erosion prediction, according to water experts, reports UNB. Addressing a seminar on Wednesday, they said non-structural measures like erosion...
Rain or thundershowers accompanied by temporary gusty/squally wind is likely to occur at a few places over Chittagong and Sylhet divisions and at one or two places over Rangpur, Rajshahi, Dhaka, Khulna and Barisal divisions in next 24 hours till...
Siddique Islam | 2015-04-02 00:00:00
Nearly 15 per cent of the total outstanding loans of the country's banking system belong to only 61 of big borrowers, bankers and experts said. The large borrowers -- both individual and organisational -- received Tk 760 billion (Tk 76,000...
Executive director of the Transparency International Bangladesh (TIB) Dr Iftekharuzzaman said Wednesday vigorous campaigns must be launched from the household level to effectively fight corruption in the country, reports UNB. "If there is a strong political will and proper trial...
Shahiduzzaman Khan | 2015-04-02 00:00:00
The latest meeting of the BIMSTEC taskforce ended in the city late last month without finalisation of any concrete decision on the draft Memorandum of Understanding (MoU) on trans-border power trade. The seven member-states -- Bangladesh, Bhutan, India, Myanmar, Nepal,...
FE Report | 2015-04-02 00:00:00
International Cricket Council (ICC) President AHM Mustafa Kamal announced his resignation on Wednesday as he was 'unconstitutionally and unlawfully' barred from handing over the trophy to the champions of the just concluded ICC Cricket World Cup 2015. Mr. Kamal, also...
Prime Minister Sheikh Hasina Wednesday informed the Parliament that her government has approved a mega plan involving TK 2.33 trillion (2,33,944.21 crore) for Bangladesh Railway to develop and improve its service and plan-wise network. —UNB
BANGKOK, Apr 1: Thailand's junta lifted martial law on Wednesday but replaced it with new orders retaining sweeping powers for the military under a section of the interim constitution that has been lambasted by rights groups. — AFP
Badrul Ahsan | 2015-04-02 00:00:00
Borrowing of low-cost funds from overseas sources by private sector entities continued to rise in the year 2014. The inflow of foreign funds for the private sector increased by around 17 per cent last year when the local banks sat...
Prime Minister Sheikh Hasina said Wednesday the government would forfeit the property of Khaleda Zia, if the court gives a directive to this end, reports BSS. "May be, the BNP leader does not want to abide by the laws and...
FE Report | 2015-04-02 00:00:00
An arson victim died and a Chhatra Dal leader was killed on Wednesday, as the countrywide indefinite transport blockade, enforced by the BNP-led 20-party alliance, passed off 86th day. Truck driver Imran, 30, who received severe burn injury in Magura...
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