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DSE to launch two subsidiary cos

Mohammad Mufazzal | 2015-03-03 00:00:00

The country's premier bourse has planned to launch two separate subsidiary companies to provide IT related services and facilitate share trading of de-listed companies, officials said. The initiative has been taken as part of the move of Dhaka Stock Exchange...

Al-Arafah recommends 14pc cash dividend

FE Report | 2015-03-03 00:00:00

The Board of Directors of Al-Arafah Islami Bank has recommended 14 per cent cash dividend for the year ended on December 31, 2014, said a web post on Dhaka Stock Exchange Monday. The annual general meeting (AGM) will be held...

Losing streak extended

FE Report | 2015-03-03 00:00:00

Stocks extended their losing streak for the second running sessions Monday with turnover dipping below Tk 3.0 billion-mark again as bearish tone gripped the market sentiment amid prolonged political turmoil. The investors went for selling spree from the very beginning...

Losing streak extended

FE Report | 2015-03-03 00:00:00

Stocks extended their losing streak for the second running sessions Monday with turnover dipping below Tk 3.0 billion-mark again as bearish tone gripped the market sentiment amid prolonged political turmoil. The investors went for selling spree from the very beginning...

BSRM IPO oversubscribed by 20 times

FE Report | 2015-03-03 00:00:00

The initial public offering (IPO) subscription of Bangladesh Steel Re-Rolling Mills (BSRM) was oversubscribed by 20 times against its public issue, according to Chittagong Stock Exchange (CSE). The Chittagong-based steel manufacturing conglomerate received over Tk 12.32 billion through IPO against...

News Briefs

2015-03-03 00:00:00

New Head of Communication at BRAC Bank Zara Jabeen Mahbub has been appointed as the Head of Communication & Service Quality at BRAC Bank. Ms. Zara Jabeen Mahbub joined BRAC Bank Limited (BBL) on March 23, 2009. She has 19...

Photo: Green Delta Insurance Company Limited

2015-03-03 00:00:00

Photo: Jamuna Bank Ltd.

2015-03-03 00:00:00

Mobile banking transactions reach Tk 3.78b daily in Jan

Siddique Islam | 2015-03-03 00:00:00

Mobile banking services are gradually becoming popular in Bangladesh, as the services are provided at the doorstep of people, living in the country's un-banked areas, officials said. Average daily transaction through mobile banking services has increased by more than 8.0...

New DMD of BDBL

2015-03-03 00:00:00

Mohammad Jalaluddin has joined as Deputy Managing Director (DMD) of Bangladesh Development Bank Limited (BDBL). Prior to joining BDBL, he served Sonali Bank Limited as Deputy Managing Director. He started his banking career with Agrani Bank in 1983 on completion...

Photo: ICC Workshop on International Trade Finance

2015-03-03 00:00:00

Photo: Standard Bank Limited

2015-03-03 00:00:00

Photo: Dhaka Bank Limited

2015-03-03 00:00:00

Photo: Financial Excellence Limited (FinExcel)

2015-03-03 00:00:00

IPO Diary

2015-03-03 00:00:00

Form resistance bodies countrywide : Khaleda

2015-03-03 00:00:00

BNP chairperson Khaleda Zia has directed the 20-party leaders and activists to form "resistance committees" across the country to thwart 'state-sponsored terrorism', reports UNB. In a statement, BNP joint secretary general Salauddin Ahmed Monday said, "Khaleda Zia has ordered constitution...

Hasan for quick search in Khaleda’s office

2015-03-03 00:00:00

Publicity and Publication affairs secretary of the ruling Awami League Dr Hasan Mahmud urged the government Monday to conduct a search in the office of BNP chairperson Begum Khaleda Zia expeditiously, reports BSS. He made the appeal while speaking as...

ICT indicts 2 Netrakona war-crime suspects

2015-03-03 00:00:00

Dismissing the defence counsel's discharge plea, the International Crimes Tribunal-1 indicted Monday Obaidul Huq alias Abu Taher and Ataur Rahman alias Noni of Netrakona district for their alleged crimes against humanity during the Liberation War in 1971, reports UNB. Passing...

ACC launches probe against JBSL chief

2015-03-03 00:00:00

The Anti-Corruption Commission (ACC) has launched a probe against the president of Jatiya Bidyut Sramik League (JBSL) for allegedly swindling public money and accumulating wealth illegally, reports UNB. The Commission at its regular meeting decided on Monday to initiate a...

KU teachers protest killing of Avijit

2015-03-03 00:00:00

KHULNA, Mar 2 (BSS): Swadhinata Shikshak Parisad of Khulna University (KU) formed a human chain on its campus and wore black-badges today (Monday) to protest the killing of writer Avijit Roy, and his wounded wife Rafida Ahmed. Chaired by the...

Pinak-6 launch owner Bakar gets bail

2015-03-03 00:00:00

The High Court granted on Monday interim bail for six months to Abu Bakar Siddique, the owner of the launch Pinak-6 that capsized in the Padma River with overloaded passengers in August in 2014, reports UNB. An HC division bench...

31 to vie for 14 posts in SC Bar polls

2015-03-03 00:00:00

A total of 31 candidates will vie for 14 posts in the upcoming polls of Supreme Court (SC) Bar Association scheduled to be held on March 15 and 16, reports BSS. "Thirty-five candidates have submitted their nomination papers to contest...

Jubo League man killed in Noakhali

2015-03-03 00:00:00

NOAKHALI, Mar 2 (BSS): A Jubo League activist was beaten to death by miscreants for lodging protest against gambling in Maijdee court area of the district Sunday night. The victim was Redwan Hossain Ledu (22), son of Abdul Matlab, of...

Photo: Gono Forum President Dr Kamal Hossain speaking

2015-03-03 00:00:00

Photo: Dhaka City Corporation

2015-03-03 00:00:00

5.0m child labour in Bangladesh: ILO

FE Report | 2015-03-03 00:00:00

Almost 17 million children aged between five and 17 years are engaged in child labour in South Asia with Bangladesh placed in the second position, according to a recent report of the International Labour Organisation (ILO). The report says the...

Architecture repository for seamless info flow planned

2015-03-03 00:00:00

The government plans to set up an architecture repository to open data and seamless flow of information within the government organisations, official sources said, reports BSS. Talking to the news agency, Information and Commu-nication Technology (ICT) Secretary Shyam Sunder Sikder...

WASA takes projects to collect 70pc water from surface source by 2020

2015-03-03 00:00:00

The Dhaka WASA has undertaken three mega projects to collect 70 per cent water from the surface source by 2020, LGRD and Cooperatives Minister Syed Ashraful Islam said on Monday, reports BSS. "Dhaka WASA is advancing towards producing water from...

Bringing autistic children to mainstream society stressed

2015-03-03 00:00:00

For Abul Hasan sleepless nights and restless days are small sacrifices to be made for the normal development of his child, reports BSS. An employee of a private company, Hasan, first noticed that his child was not communicating properly when...

Cabinet okays Ansars’ forced retirement bill

2015-03-03 00:00:00

The Cabinet approved on Monday in principle the draft of the 'Battalion Ansar (Amendment) Bill, 2015' keeping provisions for forced retirement and other punishments to members of Bangladesh Ansar to make the existing law more time-befitting, reports UNB. The approval...