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Mahindra Comviva begins marketing of new services

Mohammad Ali | 2015-02-05 00:00:00

Indian mobility solutions provider Mahindra Comviva has started marketing its new services that will enable the telecom operators to identify requirements of individual cellphone users and accordingly send only need-based SMS to them in Bangladesh. The solutions, officials said, will...

News Briefs

2015-02-05 00:00:00

New MD of Asia Insurance The Board of Directors of Asia Insurance Ltd. has appointed Md. Imam Shaheen as its Managing Director & Chief Executive Officer (CEO). Prior to joining the Asia Insurance Ltd., one of the leading non-life insurance...

Photo: Mutual Trust Bank Limited (MTB)

2015-02-05 00:00:00

Photo: The 536th branch of Rupali Bank

2015-02-05 00:00:00

Share trading of IFAD Autos begins today

FE Report | 2015-02-05 00:00:00

Share trading of IFAD Autos Limited (IAL), an auto mobile dealer will begin today (Thursday) on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under 'N' category, officials said. DSE trading code for IFAD Autos Limited is 'IFADAUTOS'...

Asian shares at 3-month peak

2015-02-05 00:00:00

SYDNEY, Feb 4 (Reuters): Asian shares took Wall Street's lead to reach three-month peaks on Wednesday as revived risk sentiment dented the US dollar and sovereign bonds, though it was unclear how long this latest mood swing would last. Much...

RIL raises $750m from overseas bond issue

2015-02-05 00:00:00

NEW DELHI, Feb 4 (PTI): Reliance Industries today raised $750 million (about Rs 4,624 crore) through a 30-year overseas bond issue, just a fortnight after it raised $1 billion in India's first such bond of the year. The issue carried...

Nikkei posts biggest gains in more than two weeks

2015-02-05 00:00:00

TOKYO, Feb 4 (Reuters): Japanese shares posted their biggest gains in more than two weeks on Wednesday after Mitsubishi UFJ Financial Group's strong results lifted financial shares, and hopes for a new Greek debt swap deal and a stabilisation in...

New DMD of AIBL

2015-02-05 00:00:00

Md Fazlul Karim has been promoted as Deputy Managing Director of Al-Arafah Islami Bank Limited (AIBL) . Prior to his new assignment he was executive vice president of the bank, said a press release. Mr Karim started his career as...

New MD of NHFIL

2015-02-05 00:00:00

Md Khalilur Rahman has been appointed Managing Director of National Housing Finance and Investments Ltd (NHFIL) for three years with effect from 1st February 2015, said a press release. Prior to this appointment, he was Managing Director (current charge) of...

Photo: The annual branch managers\\\' conference-2015 of Meghna Insurance Company Limited

2015-02-05 00:00:00

IPO Diary

2015-02-05 00:00:00

Call Money Rates

2015-02-05 00:00:00

Tech upgrade in textile sector gaining steam

FE Report | 2015-02-05 00:00:00

Finance Minister AMA Muhith sharply criticised BNP chairperson Begum Khaleda Zia Wednesday for the ongoing 'political violent activities' in the country, as the economy is taking a knock. "Her (Khaleda Zia) actions are completely anti-nation. She does not like progress...

Essentials\\\' prices rise further

Yasir Wardad | 2015-02-05 00:00:00

Prices of daily essentials have witnessed further hike in the cities, as the ongoing blockade coupled with the recent spell of hartal severely disrupted the overall supply chain, traders said. They said goods-carrying transportation came to an almost halt, fearing...

EU wants deepening economic ties

FE Report | 2015-02-05 00:00:00

Bangladesh still needs to develop 'matured' economic relations with the European Union, despite enjoying a duty-free and quota-free access to a single market of 28 countries, the regional grouping said. Top diplomats of the missions of the EU member states...

Thai business leader praises B\\\'desh location

Our Correspondent | 2015-02-05 00:00:00

CHTTAGONG, Feb 4: Thai business delegation leader Chokedee Kaewsang said on Tuesday Bangladesh, located between Asia's giant markets of India and China, is one of the most attractive investment destinations. Mr Kaewsang said the country has the potential to attract...

Iraq wants to resume direct Dhaka-Baghdad flight

2015-02-05 00:00:00

Iraq has proposed resuming the direct air link between Dhaka and Baghdad alongside showing interest to import jute and jute-made goods, ceramic, tiles, pharmaceutical and readymade garment and other items from Bangladesh. The interest was conveyed when outgoing Iraqi Ambassador...

News Briefs

2015-02-05 00:00:00

Sonali Bank introduces VISA Debit Card Sonali Bank Limited has introduced VISA Debit Card for its 10 million customers to support the modern and update facilities and services. VISA card holders can use the card to get money from more...

Photo: Diamond Cement

2015-02-05 00:00:00

EPZs to get dormitories for female workers

2015-02-05 00:00:00

The government will construct multi-storey dormitories for female workers in each of the eight Export Processing Zones (EPZs) in the country to address their accommodation problem, reports UNB. The decision was taken at the 33rd meeting of the Board of...

Ctg digital innovation fair begins Feb 26

2015-02-05 00:00:00

CHITTAGONG, Feb 4 (BSS): The three-day long 5th digital innovation fair styled "Divisional Digital Innovation Fair-2015" will begin in the port city from February 26 aimed at developing digital techonology in the country and reducing the gap between the government...

Free internet for Robi users with Opera Mini

2015-02-05 00:00:00

Robi users in Bangladesh on Wednesday started enjoying 5MB of free internet with the popular Opera Mini browser. The special offer was announced at a press conference in Dhaka on Wednesday. To take advantage of the free internet offer, Robi...

Homeless reaches record 60,000 in New York

2015-02-05 00:00:00

NEW YORK, Feb 4 (AFP):  New York may be famous abroad for glitz, glamor and Park Avenue billionaires but America's biggest city has passed a grim milestone-a record 60,000 people are homeless. In November, there were 60,352 homeless people in...

\\\'Frozen\\\' still hot as Disney profit beats forecasts

2015-02-05 00:00:00

NEW YORK, Feb 4 (Reuters): Walt Disney Co's quarterly profit topped Wall Street's estimates as its blockbuster animated film "Frozen" heated up home entertainment and toy sales, and visitors flocked to the company's US theme parks. Disney shares rose 4.4...

Hitachi profits up a third, full-yr sales rise forecast

2015-02-05 00:00:00

TOKYO, Feb 4 (AFP) : Hitachi said Wednesday its net profit surged 37.4 per cent to $1.5 billion for the nine months to December, while it upgraded its full-year sales forecast. The vast conglomerate said it had made 174.9 billion...

Photo: South Bangla Agriculture & Commerce (SBAC) Bank Limited

2015-02-05 00:00:00

Photo: SIR BANI YAS, United Arab Emirates : An Emirati man looks on as a falcon

2015-02-05 00:00:00

exchange rate

2015-02-05 00:00:00

Toyota raises full-year profit forecast to record $18b

2015-02-05 00:00:00

TOKYO, Feb 4 (AFP):  The world's biggest automaker Toyota on Wednesday raised its full-year net profit forecast to a record $18.1 billion, citing a weak yen, cost cuts and strong demand in the key North American market. The Japanese firm,...