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BMW agrees to pay $820 million subsidies to China dealers

2015-01-06 00:00:00

SHANGHAI/FRANKFURT, Jan 5 (Reuters): BMW (BMWG.DE) will pay 5.1 billion yuan ($820 million) to auto dealers who pressured Europe's top luxury carmaker to share the cost of overstocked showrooms in the world's largest car market, BMW's main Chinese dealership group...

Global tech spending sputters amid economic woes

2015-01-06 00:00:00

LAS VEGAS, Jan 5 (AFP): The outlook for global technology spending is uncertain after nearly flat growth in the past year, with turbulent economic conditions making a forecast difficult, an industry gathering was told Sunday. At the media preview for...

China replaces rare earth quotas with export permits

2015-01-06 00:00:00

BEIJING, Jan 5 (AFP): China has instituted a system of export permits for rare earth metals, used in hi-tech goods such as mobile phones, the government said, with state-run media describing the move as an abolition of export quotas. China...

Revenue earnings from DSE drop 36.68pc

Babul Barman | 2015-01-06 00:00:00

The government's revenue earnings from the Dhaka Stock Exchange (DSE) fell further by 36.68 per cent in December compared to November, 2014 as trading volume was on the decline. The government bagged tax worth Tk 112.90 million in December against...

BFIU discloses 71 financial crime reports

2015-01-06 00:00:00

Bangladesh Financial Intelligence  Unit (BFIU) has provided 71 reports of financial crimes to  different organizations. Besides, it has identified 619  Suspicious Transaction Report (STR) in the year, reports BSS. The BFIU disclosed the number at the report of fiscal 2013-14...

Political unrest hits stock market

FE Report | 2015-01-06 00:00:00

Stocks ended lower Monday with falling turnover as panic-driven investors rushed to book profit amid political unrest across the country. Trading started as usual  at 10.30am, but presence of investors at the brokerage houses was thin as mass transports in...

Bonus shares credited United Airways (BD) Ltd.

2015-01-06 00:00:00

The Company has informed that it has credited the bonus shares for the year ended on June 30, 2014 to the respective shareholders BO Accounts.

Resumption of trading Eastern Cables Limited

2015-01-06 00:00:00

Normal trading of the shares of the Company will resume today (Tuesday) after record date. United Finance Normal trading of the shares of the Company will resume today (Tuesday) after record date with new name United Finance Limited and trading...

News Briefs

2015-01-06 00:00:00

SIBL gets new AMD Mr. Ihsanul Aziz has been promoted as the Additional Managing Director of Social Islami Bank Limited. Earlier he was serving as Deputy Managing Director of this bank. Mr. Aziz holds masters with honours in Economics from...

Photo: Prime Bank Limited

2015-01-06 00:00:00

Photo: Crown Cement

2015-01-06 00:00:00

Sensex snaps 6-day winning streak

2015-01-06 00:00:00

MUMBAI, Jan 5 (PTI): The Sensex snapped 6 days of upward movement on profit-booking today after crossing the 28,000- level in the morning for the first time since December 9, but slipped by nearly 45.58 points to end at 27,842.32....

Ashok Leyland shares surge over 9pc

2015-01-06 00:00:00

MUMBAI, Jan 5 (PTI): Shares of Ashok Leyland today surged to a one year high of over 9 per cent after the company reported 48.04 per cent jump in total sales in December 2014. Ashok Leyland's scrip jumped 9.17 per...

Nikkei down after holiday break

2015-01-06 00:00:00

Japan's main share index was lower in early trading on Monday, as Asia's markets reopened for the first full week in 2015. The benchmark Nikkei 225 was down 0.7 per cent at 17,334 despite ending 2014 up 8 per cent,...

Hong Kong shares close down

2015-01-06 00:00:00

HONG KONG, Jan 5 (Reuters): Hong Kong shares fell on Monday, in line with most regional markets, as some China-related shares shed gains rooted in a rally on mainland markets rallies and ended lower. Mainland stocks surged to their highest...

European shares slip

2015-01-06 00:00:00

LONDON, Jan 5 (Reuters): Concerns over Greece's future in the euro zone and a sharp decline in commodities stocks triggered by lower crude oil and metals prices kept European equities under pressure on Monday. The pan-European FTSEurofirst 300 index was...

Provisional figure of inward remittance during the month of December\\\' 2014

2015-01-06 00:00:00

Photo: People\\\'s Leasing & Financial Services Limited

2015-01-06 00:00:00

Photo: Shahjalal Islami Bank Limited (SJIBL)

2015-01-06 00:00:00

Daily Market Commentary

2015-01-06 00:00:00

IPO Diary

2015-01-06 00:00:00

IPO Diary

2015-01-06 00:00:00

The enigma of 2015 awaits the world

Muhammad Zamir | 2015-01-06 00:00:00

The past year, 2014, will be remembered for many reasons - for the continued terrorist upsurge in the Middle East, the crisis arising out of Ukraine, the predicament faced by the Palestinians in the face of Israeli obdurate behaviour, efforts...

Oil price fall: Challenges and opportunities for Bangladesh

Sharjil M Haque from Washington D.C., USA | 2015-01-06 00:00:00

Ever since global oil price started dipping to the bottom, analysts and experts all around the world have pointed out how it is a boon for world economy. According to Olivier Blanchard, chief economist at the International Monetary Fund (IMF),...

Converting railways into real engine of growth

2015-01-06 00:00:00

The railways in a country like Bangladesh could have served the economy well at a time when highways and waterways are fraught with various hazards. This mode of speedy and less risky transport has assumed greater importance in view of...

Boosting pond fish production

Abdul Bayes | 2015-01-06 00:00:00

The fisheries sector contributes about 5.0 per cent of the gross domestic product (GDP) and employs 9.0 per cent of the labour force of the country. There was a time when the fisheries sector at large was ignored for production...

Wise or not to spend on cancer treatment?

Neil Ray | 2015-01-06 00:00:00

Dr Richard Smith, a former editor of the British Medical Journal (BMJ), has virtually exploded a bombshell by making a contentious claim. His suggests that it is wise to 'stop wasting billions trying to cure cancer'. Because, he thinks, 'it...

2014: A year of random human rights violation

2015-01-06 00:00:00

It was indeed worrisome to see deteriorating human rights condition of our country during the last year. If drastic action is not taken to improve the situation, things will go out of control shortly. Last year 147 people died in...

Tigers\\\' squad for World Cup announced

2015-01-06 00:00:00

The Bangladesh Cricket Board (BCB) has announced the final 15-member Bangladesh team for the upcoming Cricket World Cup  which is only a month away and we already feel the excitement in the air. The BCB selected the team on the...

Unfit vehicles plying city roads flouting fitness rule

2015-01-06 00:00:00

The Bangladesh Road Transport Authority (BRTA) made a special drive with the help of relevant authorities to locate unfit vehicles plying city roads. But the drive turned out to be ineffective as most of the unfit vehicles are back on...