FE Report The market turned around Thursday after losing in the last two sessions with turnover dipping below Tk 3.0 billion-mark as investors took position on large-cap stocks following positive earnings growth amid gloomy political outlook. The market opened with...
Bangladesh Bank (BB) will increase its own CSR (Corporate Social Responsibility) fund to Tk 100 million (10 crore) in the coming fiscal from the current amount of Tk 51.3 million (5.13 crore). Bangladesh Bank (BB) Governor Dr Atiur Rahman made...
FE Report | 2015-02-27 00:00:00
The securities regulator has given its consent to the proposal of raising paid-up capital worth over Tk 3.21 million by Keya Cosmetics through merger and amalgamation process, officials said. The three companies which will be merged with Keya Cosmetics are:...
FE Report | 2015-02-27 00:00:00
The Board of Directors of five listed companies -- Eastern Bank, IDLC Finance, Prime Finance & Investment, S. Alam Cold Rolled Steels and IPDC have declared dividend, according to separate web posts on the Dhaka Stock Exchange (DSE) Thursday. Eastern...
Islami Bank Bangladesh Ltd (IBBL) disbursed a total of Tk. 249.81 billion during the year 2014 accounting for 27 per cent of the national disbursement to the SME sector. Presently 0.13 million small and medium entrepreneurs of the country are...
FE Report | 2015-02-27 00:00:00
The securities regulator held a discussion meeting with Dr. Tony Van Zijl, a Professor at the Business School of Victoria University, Wellington, on development of the country's capital market, officials said. The meeting was held Tuesday at the office of...
Prime Financial Unit Fund NAV disclosed Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on February 24, 2015, said a...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different open-end mutual funds (MFs) at the close of business operation on February 24, 2015, said...
Md Mazam Ali Khan and Md Jafar Ullah have been elected the president and general secretary respectively of Dhaka Taxes Bar Association for the 2015-2016 session. They were elected in an election of the association held in the city recently,...
Doulot Akter Mala | 2015-02-27 00:00:00
The National Board of Revenue has finally detected some 757 industrial units across the country as environmental culprits, which will have to pay green taxes. The Board has issued a gazette with the names of the industries that will have...
FE Report | 2015-02-27 00:00:00
Business leaders identified Thursday the absence of direct flight as one of major barriers to boosting trade between Bangladesh and the Philippines. Trade between the two Asian countries came down from US$ 56.41 million in 2009 to US$ 22.73 million...
FE Report | 2015-02-27 00:00:00
Bangladesh needs to improve governance and business environment to become a middle income country (MIC), World Bank Vice President for South Asia Annette Dixon said. The newly appointed bank executive also suggested the government close the power and transportation gaps,...
Yasir Wardad | 2015-02-27 00:00:00
The ongoing confrontational politics has almost paralysed the economy, taking a heavy toll on employment generation, sector insiders said. They also said the country's average employment dropped by at least 35 per cent in last one and half months comparing...
Bikroy.com, Prothom Alo organise quiz contest on world cup Bikroy.com, the largest marketplace in Bangladesh, organised an exclusive quiz together with Prothom Alo (Prothom Alo o Bikroy.com apni jokhon Nirbachok)" where a participant has to guess the best 11 players...
Alleging that the BNP-Jamaat alliance is carrying out genocide in the name of hartal and blockade, Prime Minister (PM) Sheikh Hasina said Thursday such a situation is not at all acceptable to anyone, reports UNB. "May Allah give good sense...
FE Report | 2015-02-27 00:00:00
Bangladesh can earn a substantial amount of foreign exchange and generate employment opportunities by properly exploring and utilising the untapped marine resources of the Bay of Bengal, experts opined. The country could not harness the potential of marine resources mainly...
Siddique Islam | 2015-02-27 00:00:00
The overall excess liquidity with commercial banks fell slightly in January last because of the downtrend of bank deposits, officials said. The excess liquidity dropped by more than 5.0 per cent to Tk 1.08 trillion as of January 29 last...
M Azizur Rahman | 2015-02-27 00:00:00
The Biman Bangladesh Airlines Ltd is set to turn into a profitable entity from the current fiscal year (FY) 2014-15 after a recess in the last five years following efforts on modernisation, automation and revenue integration. The national flag carrier...
FE Report | 2015-02-27 00:00:00
The country's foreign exchange (forex) reserve crossed the US$23 billion-mark for the first time on Thursday, following lower import payment pressure, officials said. The reserve rose to $23.03 billion on the day, setting a new record, from $22.90 billion of...
BAGERHAT, Feb 26: Three suspected robbers were killed in a gunfight with Rapid Action Battalion (RAB) in the Sundarbans under Sharankhola range in the district on Wednesday morning. Two of the deceased were identified as Saddam, 27 and Sohel, 26,...
Benapole, Feb 26: Members of Border Guard Bangladesh (BGB) seized smuggled Indian goods worth Tk 12.5 million (1.25 crore) from Amrakhali area on Wednesday night. Lieutenant Colonel Jahangir Hossain, commanding officer of BGB Battalion-26, said being tipped off, they launched...
FE Report | 2015-02-27 00:00:00
The 52nd day of countrywide indefinite transport blockade along with strike enforced by the BNP-led 20-party alliance passed off without any major incident. Members of the Detective Branch (DB) of police arrested two central leaders of Jatiyatabadi Chhatra Dal (JCD)...
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