CHITTAGONG, Nov 6: Western Marine Shipyard inaugurated the construction work of a 25-ton BP tugboat for Chittagong Port Authority through a keel laying ceremony today (Thursday) at its shipyard in Chittagong. Deputy Conservator of Chittagong Port Authority Captan Nazmul Alam...
NEW DELHI, Nov 6: India, which is world's largest recipient of remittances with $71 billion sent last year, will urge the upcoming G20 summit in Brisbane to work on steps to reduce costs in sending money home from abroad. Giving...
BEIJING, Nov 6 (Reuters): Leaders will agree to launch a study on a China-backed free trade area at next week's Asia-Pacific Economic Cooperation meeting in Beijing, an APEC official said, amid controversy over competing US and Chinese visions for regional...
LONDON, Nov 06 (AFP): Britain's main banks, including HSBC and Barclays, will face a formal investigation into their dominance of services offered to individuals and businesses, the country's competition watchdog announced Thursday. "After carefully considering the consultation responses, most of...
TOKYO, Nov 6 (Reuters): Japan will make efforts to break a deadlock in a proposed Asia-Pacific regional trade deal ahead of a key weekend meeting of trade ministers, Prime Minister Shinzo Abe said on Thursday. Saturday's meeting in Beijing "will...
PARIS, Nov 6 (Reuters): The global economy is only gradually picking up momentum as stagnation in the euro zone and growing weakness in some big emerging economies weighs on the US-led recovery, the OECD said on Thursday. With the euro...
FRANKFURT, Nov 06 (AFP): The European Central Bank held its key interest rates unchanged at its regular monthly policy meeting on Thursday. As widely expected, the ECB said in a statement that it was holding its main "refinancing" rate steady...
WASHINGTON, Nov 6 (Reuters): The number of Americans filing new claims for unemployment benefits fell more than expected last week, in the latest sign of tightening labor market conditions. Initial claims for state unemployment benefits dropped 10,000 to a seasonally...
Asian countries like Bangladesh, Vietnam, Indonesia, and the Philippines should invest more in governments' capacity to protect their citizens from climate change, reports UNB. A year after super-typhoon Haiyan devastated the Philippines, a new report issued on Thursday by the...
Bangladesh is interested to be a 'pilot country' in the Inclusive and Sustainable Industrial Development (ISID) Forum of the United Nations Industrial Development Organisation (UNIDO). Industries Minister Amir Hossain Amu expressed the willingness while addressing a plenary session of the...
International Finance Corporation (IFC), a member of the World Bank (WB) Group, has announced US$450 million commercial financing for the Ebola-hit areas. The commercial financing will enable the trade, investment and employment in three severely Ebola-affected countries -- Guinea, Liberia...
SUNAMGANJ, Nov 6 (BSS): Sunamganj Regional Passport Office earned Tk 17 million as revenue during the last two months. The Passport Office sources said Additional District Magistrate of Sunamganj Abdullah-al-Mahmood inaugurated the Regional Machine Readable Passport (MRP) Office in Sunamganj...
The Public Accounts Committee on Thursday recommended realising the outstanding telephone bills of Bangladesh Telecommunication Company Limited (BTCL) amounting to Tk 27 million from various agencies and individuals within 30 days, reports UNB. The committee recommended disconnecting the phone lines...
SEOUL, Nov 6 (Reuters): South Korea said on Thursday it will make efforts to keep its currency in line with global exchange rates, including the yen, which has fallen sharply since the Bank of Japan decided to extend a big...
FE Report | 2014-11-07 00:00:00
Stocks ended flat in positive territory Thursday after three sessions' fall with sluggish trading activities as investors followed cautious stance amid the nation-wide strike. The market opened with a positive mood, gaining 50 points in the first 90 minutes of...
FE Desk Report In pursuit of enhanced electronic payment usage by banks and clients across the country, Citibank, N.A. has conducted a workshop at Mymensingh recently. The workshop is third of its kind in continuation of Citi's nation-wide electronic payment...
Bangladesh Bank has made mandatory taking its permission to hold more than 5 ((five) percent shares of a private bank by any individual or private body directly or indirectly, under single or joint arrangement, reports UNB. Similarly, those who already...
Bangladesh Bank (BB) instructed all banks to maintain enough cash in all branches and ATMs (automated teller machines) at all times. The central bank in a circular issued on Thursday also asked the banks to ensure adequate security at their...
The total NAV of Prime Financial First Unit Fund stood at Tk 218,206,052 on the basis of cost price and Tk 208,672,684 on the basis of market price at the close of business operation on 06 November 2014. The NAV...
Mr. Md. Abdus Salam has recently joined Premier Bank Limited as Deputy Managing Director. Mr. Salam in his long career worked in leadership roles for more than 37 years with different reputed banks. He started his career in 1976 as...
New MD of Bangladesh Submarine The Company has informed that the Board of Directors of the Company has appointed Mr. Md. Monowar Hossen as the Managing Director (MD) of the Company for the period of next two years. Completion of...
FE Report Prime Minister's Economic Affairs Advisor Dr Mashiur Rahman on Thursday said renewable energy sector will not require any subsidy in the future. Dr Mashiur said this while speaking at a launching ceremony of the two-day "IDCOL Green Energy...
NEW DELHI, Nov 6 (PTI): As the benchmark BSE Sensex is witnessing a dream-rally, the total market valuation of BSE-listed companies has inched closer to the Rs 100 trillion mark. At present, the total market capitalisation (m-cap) of BSE-listed companies...
SHANGHAI, Nov 6 (Reuters): Hong Kong shares fell on Thursday, dampened by consolidation after recent rallies and uncertainty over the progress of a cross-border share scheme between Shanghai and the city. The Hang Seng Index unofficially closed down 0.2 per...
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 November 5, 2014, said a...
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 open-end mutual funds (MFs) at the close of business operation on November 5, 2014, said...
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