FE Report | 2015-02-24 00:00:00
The ministry of youth and sports (MoY&S) has sought an additional allocation of Tk 1.20 billion from the ministry of finance (MoF) in the budget for next fiscal year (FY) to complete its different projects smoothly, officials said. As Department...
Kuwait will provide TK 2.79 billion (279.51 crore) for ensuring infrastructural development in four areas of capital Dhaka, reports UNB. The government signed Monday a loan agreement with Kuwait Fund for Arab Economic Development (KFAED). ERD Senior Secretary Md Mejbahuddin...
FE Report | 2015-02-24 00:00:00
The Sustainable and Renewable Energy Development Authority (SREDA) inked Sunday last a memorandum of understanding (MoU) with Global Alliance for Clean Cook Stoves (GACCS) to ensure increase in the use of smokeless stoves across the country. Under the MoU the...
Shah Alam Nur | 2015-02-24 00:00:00
Event management companies are counting huge financial losses due to the ongoing political turmoil, industry insiders said. According to them, most of the event management service providers are passing time almost idly as people are either postponing their scheduled programmes...
A leading German-based company - FEAL Industrial Solutions - on Monday offered modern technological and technical support to Bangladesh for managing its industrial sector's waste, reports UNB. The company also agreed to support Bangladesh in generating solar energy, wind power,...
FE Report | 2015-02-24 00:00:00
Stocks ended flat Monday with turnover crossing Tk 3.0 billion-mark once again as investors remained focused on large-cap stocks despite prolonged political turmoil in the country. The market opened with an upward note, gaining 35 points, but the early enthusiasm...
The closing ceremony of secured Commercial Paper (CP) of BDT 500 million, arranged by Mutual Trust Bank Limited (MTB) and issued by Bengal Plastics Ltd., a concern of Bengal Group of Industries, a leading conglomerate of the country, was held...
Bangladesh Finance And Investment Company Limited (BD Finance) inked a deal with software giant Leads Corporation to procure centralized core Business System - BANKULTIMUS. The two companies inked the agreement at BD Finance head office recently, said a statement. BD...
The Board of Directors of United Commercial Bank Limited (UCBL) and Prime Insurance have recommended 30 per cent and 15 per cent dividend respectively for their shareholders for the year ended on December 31, 2014, reports UNB. UCBL has recommended...
The total NAV of MTB Unit Fund stood at Tk 296,915,421.32 on the basis of cost price and Tk 244,807,211.66 on the basis of market price at the close of business operation on 19 February 2015, said a statement. The...
New MD of Pubali Bank Md. Abdul Halim Chowdhury has been appointed as new Managing Director of Pubali Bank Limited. He was the Managing Director (Current Charge) of the bank since 7th December 2014. Prior to his appointment Md. Abdul...
Rezaul Karim | 2015-02-24 00:00:00
Shortage of fund is hindering the operational activities of Equity and Entrepreneurship Fund (EEF) for agro-processing projects, officials concerned said. Currently, Tk 15.39 billion is urgently needed for the agro-based projects, they said, adding that Bangladesh Bank (BB) and Investment...
HONGKONG, Feb 23 (Internet-CNBC): Asian markets mostly rose on the first trading day of the Year of the Sheep, buoyed by a bailout deal between Greece and the euro zone last week. However, trading volumes remain light with China, Taiwan...
The BNP-led 20-party alliance has worked out a new strategy to stage frequent showdowns across the country through holding rallies, processions and demonstrations alongside the ongoing hartal and blockade programmes, reports UNB. The alliance leaders said it is now necessary...
The Parliamentary Standing Committee on the Ministry of Science and Information and Communication Technology (ICT) Monday placed its report on the Oceanographic Research Institute Bill, 2014 in the Jatiya Sangsad, reports BSS. Chairman of the committee Dr AFM Ruhal Haque...
Chief of the Naval Staff of Indian Navy Admiral RK Dhowan made a courtesy call on President Abdul Hamid at Bangabhaban Monday, reports BSS. During the meeting, the President appreciated the cooperation extended by Indian Navy in imparting training to...
Jatiya Sangsad Speaker Dr Shirin Sharmin Choudhury handed over the Atish Dipankar, Agrasar and Bishudhananda Peace Gold Medal, 2015 to the 11 recipients at a function Monday, reports BSS. Dhaka University VC Dr AAMS Arefin Siddique, ATN Bangla chairman Dr...
Bangladesh's permanent mission to the United Nations has objected to people enjoying UN media accreditation despite their 'active' political roles and affiliations, reports bdnews24.com. "If active politicians are given media cards, there will be nothing left to say," the mission's...
Bangladesh missions abroad have observed the Shaheed Dibash (the Language Martyrs Day) and the International Mother Language Day 2015 with due solemnity, said a Foreign Ministry media release Monday, reports UNB. The day's programmes started in the morning with hoisting...
The Bangladesh Bank has asked for bank account details of war crimes convict Salauddin Quader Chowdhury and his wife Farhat Quader Chowdhury, reports bdnews24.com. Intelligence agencies have asked for the central bank's assistance to see whether the couple's money is...
A court in the city placed Monday BNP joint secretary general Ruhul Kabir Rizvi on a three-day fresh remand in an arson case filed with Mohammadpur police station, reports UNB. Dhaka Metropolitan Magistrate Mohammad Maruf Hossain passed the order, rejecting...
Former military ruler HM Ershad says he does not know anything about the killer of Dr Shamsul Alam Milon, whose death hastened his fall, reports UNB. At a discussion of Jatiya Party, he demanded putting Milon's killers on trial. "Milon...
The International Crimes Tribunal-1 will pronounce judgment on fugitive war crimes accused Engineer Abdul Jabbar of Pirojpur, an ex-MP of Jatiya Party (Ershad), today (Tuesday), reports UNB. The three-member tribunal, headed by Justice M Enayetur Rahim, fixed the date t...
The two-day election of Dhaka Taxes Bar Association (DTBA) began here Monday to elect a new executive committee for 2015-16, said a press release issued by the association, reports BSS. Two panels of the bar -- United Panel and Jatiyatabadi...
An audio clip of leaked telephone conversation indicates Nagarik Oikya Convenor Mahmudur Rahman Manna is keen on paving the way for military intervention in Bangladesh, reports bdnews24.com. He recently made headlines by warning of a military takeover unless the government...
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