Shamsul Huda | 2014-12-19 00:00:00
Small and medium enterprises (SMEs) are continuously achieving targets of financing set by the central bank, sources said. Loans in clusters without collateral, trends of shifting from trading to manufacturing, supporting women entrepreneurship and refinancing schemes are helping the sector...
FE Report | 2014-12-19 00:00:00
Expatriates' Welfare and Overseas Employment (EWOE) Minister Khandker Mosharraf Hossain has warned of taking tough actions against people involved in illegal migration-related activities. He also sought necessary cooperation from manpower recruiters of private sector in this respect. "The government is...
Govt urged not to close Shela route permanently Bangladesh Cargo Vessel Owner's Association and Coastal Ship Owner's Association of Bangladesh in a joint statement said that raw materials of industrial products, food grains and other goods can not be transported...
FE Desk Report | 2014-12-19 00:00:00
International Business Forum of Bangladesh (IBFB) accorded a reception to Dan W. Mozena, the outgoing U.S. Ambassador to Bangladesh and his spouse Ms. Grace Mozena recently at Gulshan Club in the city. The outgoing U.S. Ambassador said in his remarks...
CHITTAGONG, Dec 18 (BSS): Civil Aviation and Tourism Minister Rashed Khan Menon Thursday said that the government has taken massive plans to turn Chittagong into a tourism city as well as a commercial capital. He said the present government has...
World reputed Anti Virus brand, Bitdefender, of Romania, launched its 2015 versions of the home users product range in Bangladesh Thursday. Representatives from more than 70 partners IT companies were present at a launch event organised by the Bangladesh distributor...
Bangladesh Solar & Renewable Energy Association (BSREA), a forum of local solar power system providers and manufacturers, has urged the Grameenphone authorities to allow local companies to supply their solar power systems for its base transceiver station (BTS), reports UNB....
MOSCOW, Dec 18 (AFP): President Putin on Thursday attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists during the worst financial crisis of his rule. Speaking at his annual press-conference, the Russian...
LONDON, Dec 18 (AFP): British retail sales rose strongly in November from a month earlier as shoppers snapped up bargains on 'Black Friday' ahead of the festive season, official data showed on Thursday. Sales jumped by 1.6 per cent last...
GENEVA, Dec 18 (AFP): Switzerland's central bank announced Thursday it was introducing negative interest rates to stop the franc getting any stronger, after the Russian ruble crisis sent investors pouring their investments into the safe haven currency. The Swiss National...
NEW DELHI, Dec 18 (PTI): India has signed a 625 million euro loan agreement with Germany for financial assistance to Green Energy Corridors (GEC) project under Indo-German bilateral development cooperation. "... the loan agreements were also signed for GEC project...
BEIJING, Dec 18 (Reuters): China's new home prices fell again in November and a business survey showed a deep drop in real estate investment plans, adding gloom to a slumping property market that has so far defied government efforts to...
ZURICH, Dec 18 (AFP): Switzerland on Thursday cut its growth forecast for 2015 as a recovery in the eurozone turns out to be more sluggish than earlier thought. The national statistics agency said it still expects Swiss output to expand...
FE Desk Report | 2014-12-19 00:00:00
The 27th Annual General Meeting (AGM) of Bangladesh Insurance Association was held in the city Thursday. Chaired by Sheikh Kabir Hossain, President of Bangladesh Insurance Association, the meeting was largely attended by the chairmen, managing directors and senior executives of...
Bangladesh Bank (BB) Governor Dr Atiur Rahman on Thursday said banks will have to spend at least 30 per cent of their corporate social responsibility (CSR) fund in the education sector, reports UNB. "We've already issued directives in this regard....
FE Report | 2014-12-19 00:00:00
Stocks returned to the green Thursday, breaking five consecutive sessions of losing streak with turnover falling slightly, led by mid-cap and small-cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 18.16 points or 0.38...
FE Report | 2014-12-19 00:00:00
Top brokers of the premier bourse have expressed dissatisfaction over 50 per cent rise of fee on transaction value of equity and the units of mutual funds (MFs), officials said. Dhaka Stock Exchange (DSE) Wednesday increased the transaction fee for...
FE Report | 2014-12-19 00:00:00
The securities regulator Thursday formed a body to probe into alleged 'illegal activities' of the managing director of Shurwid Industries, a listed company, officials said. The officials of the Bangladesh Securities and Exchange Commission (BSEC) said allegations were raised over...
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...
Bangladesh Bank (BB) has taken an initiative to check unauthorised investment in the 5-year Bangladesh Savings Certificate, reports BSS. The central bank last week asked all of its executive directors and general managers and managing directors and the chief executives...
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