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Photo: Shahjalal Islami Bank

2014-12-16 00:00:00

Photo: Executive Director of Aramit Group Babu Bissesor Gupto inaugurating

2014-12-16 00:00:00

exchange rate

2014-12-16 00:00:00

Japan business confidence down in Dec quarter : BoJ

2014-12-16 00:00:00

TOKYO, Dec 15 (AFP) : Confidence among major Japanese manufacturers edged down in the three months to December, a quarterly central bank survey showed Monday, underscoring the lacklustre state of the world's third largest economy. The Bank of Japan's closely...

Alibaba boss taps up Taiwan youth amid protests

2014-12-16 00:00:00

TAIPEI, Dec 15  (AFP) : Anti-Beijing protesters chanted outside a high-level business meeting in Taiwan Monday where the founder of China's e-commerce giant Alibaba called on the island's youth to start businesses on the mainland. Trade with China is a...

Singapore to raise re-employment age to 67 by 2017

2014-12-16 00:00:00

SINGAPORE, Dec 15 (Xinhua) :  Singapore will introduce a new law by 2017 to raise the re-employment of older workers up to the age of 67, Manpower Minister Tan Chuan-Jin said on Sunday. Tan said the transition time is considerably...

Indian rupee hits 10-month low, slides by 28 ps vs US dollar

2014-12-16 00:00:00

MUMBAI, Dec 15 (PTI) : The Indian rupee slid further by 28 paise to 62.57 in late morning deals following persistent demand for American currency and weak equities. The domestic unit resumed lower at 62.50 per dollar as against the...

China financial firms seek control deals in outbound M&A

2014-12-16 00:00:00

HONG KONG, Dec 15 (Reuters): Chinese financial firms are targeting purchases of distressed banking assets coming on the market in Europe, having been urged by Beijing to expand their reach beyond emerging markets. The first Chinese purchase of a European...

Safe-haven yen firms in Asia

2014-12-16 00:00:00

TOKYO, Dec 15 (AFP): The yen firmed against the dollar and the euro in Asian trade Monday as sliding oil prices provoked growth concerns. The haemorrhaging price of a barrel of oil -- down 47 per cent since the June...

Volvo to launch online car sales in marketing shift

2014-12-16 00:00:00

PARIS, Dec 15 (Reuters) : Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW. The Swedish carmaker, controlled by China's Geely, will gradually introduce...

Turnover on DSE remains poor

FE Report | 2014-12-16 00:00:00

Stocks extended the losing streak for the four consecutive sessions Monday with turnover improved slightly as traders are getting accustomed with new trading system. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down further by 14.30 points...

TCS hits 4-month low

2014-12-16 00:00:00

MUMBAI, Dec 15 (Business Standard): Shares in Tata Consultancy Services (TCS) has dipped nearly 4 per cent to Rs 2,355, its lowest level since July 21, 2014 on NSE, the company in an investor update has communicated for a weak...

DSE news in brief

2014-12-16 00:00:00

Withdrawal of authorised representatives Parkway Securities Parkway Securities Ltd. (DSE TREC No. 194), has withdrawn one of its authorised representatives, Mr. Md. Harun-Or-Rashid, with immediate effect. Joytun Securities Joytun Securities International Ltd. (DSE TREC No. 148), has withdrawn one of...

News Briefs

2014-12-16 00:00:00

City Bank participates in research with WB   City Bank and Innovations for Poverty Actions (IPA) in partnership with the Development Economics research group of the World Bank have recently launched the research project "The Real Effect of Electronic Wage Payments:...

Photo: Bangladesh Bank Governor

2014-12-16 00:00:00

Photo: ONE Bank Limited

2014-12-16 00:00:00

Photo: Eastern Bank Limited (EBL)

2014-12-16 00:00:00

Sensex, Nifty fall to 1-1/2 month low

2014-12-16 00:00:00

MUMBAI, Dec 15 (Reuters): The BSE Sensex and Nifty edged lower after earlier hitting their lowest levels in 1-1/2 months as software services providers fell after Tata Consultancy Services' tepid comments on its outlook, while other blue-chips were hit by...

EPB seminar puts thrust on export diversification

Our Correspondent | 2014-12-16 00:00:00

CHITTAGONG, Dec 15: Export Promotion Bureau (EPB) organised a seminar today on the Rules of Origin for GSP (generalised system of preferences), SAFTA (South Asia Free Trade Agreement), APTA (Asia Pacific Trade Agreement), KPT (Korea Preferential Trade) and BIMSTEC and...

Nikkei sags to 4-week low

2014-12-16 00:00:00

TOKYO, Dec 15 (Reuters): Japanese stocks fell to their lowest in four weeks on Monday as oil prices tumbled to a new 5-1/2 year low, hitting Wall Street shares and stoking fears of weak global growth. The Nikkei benchmark lost...

Europe shares trim gains

2014-12-16 00:00:00

PARIS, Dec 15 (Reuters): European stocks briefly trimmed their gains on Monday after four gunmen took a hostage in an apartment in the Belgian city of Ghent. Police were called after the four armed men were seen entering a building...

Sebi expedites IPO clearing process

2014-12-16 00:00:00

MUMBAI, Dec 15 (Business Standard): Capital market regulator Securities and Exchange Board of India (Sebi) has sped up the process for clearing offer documents for initial public offering (IPO), an official said today. "After the rejection framework has been introduced,...

Photo: Prime Finance & Investment Limited

2014-12-16 00:00:00

Photo: Prime Bank Eye Hospital

2014-12-16 00:00:00

Photo: City Bank

2014-12-16 00:00:00

Weekly Mutual Funds Update

2014-12-16 00:00:00

Reflections on Victory Day 2014

Muhammad Quamrul Islam | 2014-12-16 00:00:00

In this month of victory, a call on mobile phone was received one evening from a civic rights activist known to this writer from the beginning of the 21st century. She is determined to lead repeated movements for elimination of...

Exploring new markets for exploiting potential

Md. Shahidullah Azim | 2014-12-16 00:00:00

In the course of about three decades the readymade garment (RMG) industry of Bangladesh now accounts for about 80 per cent of the country's total export earnings. The garment industry has created employment directly for 4.4 million people and 4...

Victory Day: A constant source of inspiration

2014-12-16 00:00:00

Bangladesh today celebrates the 43rd anniversary of its Victory Day with due festivity and enthusiasm. The nation recalls, with its pride and dignity on this momentous occasion, the defeat of the Pakistani occupation forces that had taken recourse to genocide...

Things could have been better

Shamsul Huq Zahid | 2014-12-16 00:00:00

The nation celebrates today the 43rd anniversary of its victory over the Pakistani occupation forces. The setting in which the celebration takes place every year does not remain the same because of the changes that are constantly taking place in...