FE Today Logo

Search results for:


Rate cut calls grow as Australian economy falters

2014-12-08 00:00:00

SYDNEY, Dec 7 (BSS/AFP): Pressure is building on Australia's central bank to cut interest rates from their record lows as growth in the resources-driven economy, already faltering on the back of China's slowdown, takes a further hit, analysts say. The...

France, Italy reforms insufficient : Merkel

2014-12-08 00:00:00

BERLIN, Dec 7 (BSS/AFP): Reforms undertaken by France and Italy are insufficient, German Chancellor Angela Merkel said in an interview published Sunday, a week after the two countries won more time from the EU to put their public finances in...

78 cos vanish after raising funds in India

2014-12-08 00:00:00

NEW DELHI, Dec 7 (PTI): Seventy eight companies have gone untraceable after raising funds from investors, with Gujarat having the maximum number of 17 such entities, according to official data. These entities are spread across Gujarat, Tamil Nadu, Maharashtra, Madhya...

African insurers in vogue as incomes rise

2014-12-08 00:00:00

LONDON/JOHANNESBURG, Dec 7 (Reuters): A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focussing mainly on life insurance and pensions, in the face of mature markets and strong competition at home....

Bangladesh far wide of the mark in CSR activities

FE Report | 2014-12-08 00:00:00

Although many of the developing countries have started practicing corporate social responsibility (CSR) on a larger scale, Bangladesh is still lagging far behind them mainly for lack of complete guidelines on such welfare activities. Speakers at the Annual Banking Conference...

Resolving investors’ pending complaints CSE’s first priority

FE Report | 2014-12-08 00:00:00

Managing director of Chittagong Stock Exchange (CSE) Sunday said the bourse is giving first priority to reach investors by resolving their pending complaints. The newly-appointed chief of management of the port city bourse said this at his first press briefing...

DSE turnover dips below Tk 4.0b-mark again

FE Report | 2014-12-08 00:00:00

The market slipped for the second running session Sunday with turnover dipping below Tk 4.0 billion-mark again as investors' profit booking continued amid cautious stance. The market opened with a positive mood, but could not sustain. At the end of...

Resumption of trading Meghna Pet Industries

2014-12-08 00:00:00

Normal trading of the shares of the Company will resume today (Monday) after record date. Meghna Condensed Milk Normal trading of the shares of the Company will resume today (Monday) after record date.    — DSE Online

News Briefs

2014-12-08 00:00:00

Dhaka Bank DMD expires Neaz Mohammad Khan, Deputy Managing Director of Dhaka Bank Limited, died at Square Hospital in the city at 1:30 pm Sunday. He was 57. He is survived by his wife, a son, a daughter, and a...

Photo: British American Tobacco Bangladesh (BATB)

2014-12-08 00:00:00

Photo: ONE Bank Limited

2014-12-08 00:00:00

Bhutanese PM visits Square Pharma in Gazipur

2014-12-08 00:00:00

The visiting Bhutanese Prime Minister Tshering Tobgay Sunday visited Square Pharmaceuticals in Kaliakoir, Gazipur, reports BSS. A Bangladesh Air force helicopter carrying the Prime Minister of Bhutan and members of his entourage landed at Kaliakoir at around 11:00 am, according...

AB Bank launches World MasterCard Credit Card

2014-12-08 00:00:00

MasterCard in partnership with AB Bank has launched the World MasterCard, said a press release. A World card is the highest tier in the MasterCard portfolio and comes with an array of exclusive benefits specifically focused on premium travelers. The...

Disclose asset, income details of chairman, CIC tells Sebi

2014-12-08 00:00:00

NEW DELHI, Dec 7 (Business Standard): India’s Central Information Commission (CIC) has directed the Securities and Exchange Board of India (Sebi) to reveal the details of assets and liabilities of its chairman, UK Sinha, within four weeks. It has also...

Matin Spinning placed in ‘A’ category

FE Report | 2014-12-08 00:00:00

Matin Spinning Mills Ltd (MSML) will be placed in "A" category from existing "N" category with effect from today (Monday) as the company disbursed 25 per cent cash dividend, officials said. "The company will be placed in "A" category from...

Asian markets mostly higher at end of strong week

2014-12-08 00:00:00

HONG KONG, Dec 7 (AFP): Asian markets mostly rose Friday, with the dollar again breaking 120 yen while the euro held onto gains after the European Central Bank shied away from fresh stimulus measures. Traders overcame early profit-taking, triggered by...

Photo: Islami Bank Bangladesh Limited

2014-12-08 00:00:00

Photo: Midland Bank Limited (MDB) and Bangladesh Rural Electrification Board (BREB)

2014-12-08 00:00:00

IPO Diary

2014-12-08 00:00:00

BRAC EPL Daily Market Update

2014-12-08 00:00:00

Interest rate challenge amid exchange rate dilemma

Ahsan Mansur in this part of an article titled \'Three challenges for the Bangladesh Bank to manage\' | 2014-12-08 00:00:00

There is widespread allegation from the business community that bank interest rates and charges in Bangladesh are too high. They also feel that the current weakness in the domestic economy is in part attributable to high interest rates which have...

Re-evaluating SAARC

Muhammad Zamir | 2014-12-08 00:00:00

The 18th SAARC Summit Conference convened in Kathmandu, Nepal in the fourth week of November ostensibly aimed at 'deeper integration for peace and prosperity' concluded with handshakes between Indian Prime Minister Narendra Modi and Pakistan's Prime Minister Nawaz Sharif. However,...

More funds for farm projects

2014-12-08 00:00:00

The fund shortage in the Bangladesh Bank-operated Equity and Entrepreneurship Fund (EEF) for agricultural projects, as reported, is sure to send a wrong message to those who are tirelessly working for improvement in this crucial sector of the economy. The...

Promoting inter-regional tourism

Shahiduzzaman Khan | 2014-12-08 00:00:00

The Third Asian Tourism Fair, held in the city recently, observed that the regional countries should focus on joint tourism packages to attract more visitors to the region. South Asian ambassadors attending the fair said it is time to focus...

Collaboration for scholarly ventures

Neil Ray | 2014-12-08 00:00:00

The University of Dhaka inaugurated a grand new building for students studying pure and applied mathematics on Saturday. Named AF Mujibur Rahman Ganit Bhaban, after a mathematics genius who excelled in the subject in the early part of 20th century,...

HR Day in today\\\'s perspective

2014-12-08 00:00:00

The world observes international human rights day on 10th December. Our country will also observe this day with due importance but how will the families whose near and dear ones fell victim to forced disappearance and extra-judicial killings, feel? How...

Real cleaning campaign

2014-12-08 00:00:00

Dhaka City is a chaotic place. Few people behave responsibly. No wonder, mobile courts have started to hand out punishment to pedestrians who are not using zebra crossings, foot over bridges etc. But pavement in my area New Eskaton is...

MTV platform Bangladesh

2014-12-08 00:00:00

It is good to note that MTV platform Bangladesh is airing quality musical programmes through Masranga Television and is now looking for new faces to work as video jockeys. It is a good opportunity for young aspirants. Last time they...

The police law should be reframed

2014-12-08 00:00:00

For the last couple of decades, the Bangladesh police have been operating under direct influence of the party in power. Whoever is in power, uses the police force in its own interest. So we see a degradation of law and...

It isn\\\'t pretty: Money and race in US politics

Fazal M. Kamal from New York | 2014-12-08 00:00:00

A number of recent incidents in the United States have yet again underscored the vital role race perceptions play in this society in spite of many attainments in this sector over the decades. Obviously, even President Barack Obama isn't spared...