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 December 23, 2014, said a...
Rezaul Karim | 2014-12-25 00:00:00
The reinsurance system for Biman Bangladesh Airlines (BBA) is set to undergo a massive overhaul for ensuring transparency and accountability in the process which is presently done on the London market. Under the move, the government has formed a five-member...
FE Report | 2014-12-25 00:00:00
The Institute of Chartered Accountants of Bangladesh (ICAB) has taken disciplinary actions against nine Chartered Accountants (CAs) of six audit firms for their involvement in different professional misconduct. The institute officially disclosed the actions, taken recently, on its website Wednesday....
Export earnings from the US, the largest export destination for Bangladesh goods, witnessed a 6.11 per cent fall during the first five months (July-Nov) of the current fiscal year (FY) 2014-15, mostly due to the RMG sector's poor performance, reports...
Monthly remittance inflow rises 15.0pc The inflow of remittance rose to $1182.03 million in November, marking nearly 15.0 per cent increase over the inflow of the previous month. The inflow was $1019.03 million in October. The latest data released by...
FE Report | 2014-12-25 00:00:00
Ansar VDP Unnayan Bank, a specialised bank, has sought Tk 750 million from the government as special grant for its women entrepreneurs and poultry assistance fund, officials said. Managing director of the bank Mohammad Shams-ul Islam recently sent two letters...
FE Report | 2014-12-25 00:00:00
Industries minister Amir Hossain Amu Wednesday sought more Japanese investment in Bangladesh to boost the country's present GDP growth rate of 6.0 per cent to achieve the goal of becoming a middle income country by 2021. He made the appeal...
Shamsul Huda | 2014-12-25 00:00:00
The process of selecting private firm for building the four-lane Dhaka bypass road from Joydevpur to Madanpur is progressing, sources said. In this connection the Public Private Partnership (PPP) office is going to issue request for qualification (RFQ) in February....
The decision of Bangladesh Energy Regulatory Commission (BERC) on hike in power tariff and gas price is likely to be delayed as the watchdog is taking more time to assess the situation. The downward trend of fuel price in the...
MANIKGANJ, Dec 24 (BSS): The cultivators of the district are expecting a bumper production of mustard in the current season due to favourable weather in the area. Being encouraged by good yield of the winter crop and its fair price...
NEW DELHI, Dec 24 (AFP): India's cabinet on Wednesday approved an executive decree to hike foreign investment in the funds-starved insurance sector, bypassing squabbling lawmakers to push ahead with economic reforms. The ordinance, a rarely used measure, raises the foreign...
PARIS, Dec 24 (Reuters): More people were unemployed in France in November than ever before, data showed on Wednesday, highlighting continued weak activity in the euro zone's second-largest economy. The Labour Ministry said the jobless total in mainland France rose...
MOSCOW, Dec 24 (Reuters): Russia's central bank offered on Wednesday to help top exporters refinance foreign debts next year, expected to be one of the toughest of President Vladimir Putin's 15-year rule for the economy due to Western sanctions and...
TOKYO, Dec 24 (AFP): The president of embattled Japanese auto parts maker Takata stepped down Wednesday over an airbag scandal linked to at least five deaths that has sparked the recall of millions of vehicles. The company also announced pay...
SEOUL, Dec 24 (Reuters): South Korea's key consumer sentiment index hit the lowest in 20 months and consumers' inflation expectation for the coming 12 months hit a record low, a central bank survey showed on Wednesday. The Bank of Korea...
Holding the government responsible for violence at Bakshibazar in the capital, BNP alleged Wednesday that their chairperson Khaleda Zia's motorcade was the main target of the ruling party men during the attack, reports UNB. "During the attack, their (ruling party...
NAOGAON, Dec 24 (agencies): Awami League (AL) presidium member and Health and Family Welfare Minister Mohammad Nasim said Wednesday BNP chairperson Khaleda Zia has been hatching conspiracies to destabilise the country in a bid to save the war criminals. The...
ULFA general secretary Anup Chetia could finally be heading home from 'protective custody' in Bangladesh immediately after the extradition of Nur Hossain, a wanted Bangladeshi criminal now imprisoned in Kolkata, according to The Times of India Wednesday, reports UNB. An...
A court of Tirupati, Andhra Pradesh of India sentenced 19 Bangladeshi nationals Tuesday, including women, to five months' imprisonment for entering the country illegally, reports UNB. The court also fined them Rs 50 each, Indian media reported quoting a senior...
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