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Withdrawal of authorised representatives

2014-12-03 00:00:00

Khurshid Alam Securities Khurshid Alam Securities Ltd., DSE TREC No. 167, has withdrawn one of its authorised representatives, Mr. Obaidur Rahman, with immediate effect. Subvalley Securities Subvalley Securities Ltd., DSE TREC No. 168, has withdrawn one of its authorised representatives,...

News Briefs

2014-12-03 00:00:00

Suspension of trading ICB Trading of the shares of the company will remain suspended on record date, today (Wednesday). British American Tobacco Bangladesh Company Trading of the shares of the Company will remain suspended on record date, today (Wednesday) for...

Photo: 14th ICAB National Award for \\\'Best Presented Annual Report-2013\\\'

2014-12-03 00:00:00

Photo: Trust Bank Limited

2014-12-03 00:00:00

IPO subscription of two textile companies this month

FE Report | 2014-12-03 00:00:00

The initial public offering (IPO) subscription of two textile companies -- Shasha Denims Limited (SDL) and Zaheen Spinning Ltd (ZSL) will take place this month, officials said. In addition to the existing IPO application process, Bangladeshi nationals can also apply...

Nikkei hits 7-yr high

2014-12-03 00:00:00

TOKYO, Dec 2 (Reuters): Japan's Nikkei share average closed at a seven-year high on Tuesday, as investors speculated that the Bank of Japan was buying stocks, while they shrugged off a downgrade of Japan's sovereign debt credit rating by Moody's...

Sensex, Nifty fall for 2nd consecutive session

2014-12-03 00:00:00

MUMBAI, Dec 2 (Reuters): The BSE Sensex and Nifty fell for a second consecutive session on Tuesday, as software stocks declined on rupee strength and as investors booked profits after the Reserve Bank of India (RBI) kept interest rates unchanged,...

Jet Airways zooms 58pc in one week

2014-12-03 00:00:00

MUMBAI, Dec 2 (Business Standard): Jet Airways (India) has soared 11 per cent to Rs 386, bouncing back 17 per cent from intra-day low on BSE, on back of heavy volumes. The stock opened at Rs 344 and touched a...

INFOFISH signs contracts with Bangladesh cos

FE Desk Report | 2014-12-03 00:00:00

INFOFISH has signed contracts with three companies of Bangladesh in the form of technical advisory, fish processing and export promotion. The companies are Earth Agro Farms, S&K and Virgo.  These three companies are the first in Bangladesh preparing to export...

Walton Primo X3 mini to hit market this month

2014-12-03 00:00:00

Walton is going to present Smartphone lovers the country's slimmest handset. The leading local brand, earlier, brought the slimmest Smartphone Primo X3. Now it is going to introduce slimmer and thinner Smartphone Primo X3 mini. The new product of Walton...

Asian stock markets mostly drift lower

2014-12-03 00:00:00

Undated, Dec 2 (AP): Asian stock markets mostly drifted lower Tuesday, taking a negative cue from Wall Street as the economic outlook for next year clouds. Markets were absorbing a number of unsettling trends including further weakness in China's economy,...

Photo: Islami Bank Bangladesh Ltd (IBBL)

2014-12-03 00:00:00

Photo: Dhaka Bank Limited

2014-12-03 00:00:00

Photo: LOKKHI PUBLIC - a free communication portal

2014-12-03 00:00:00

IPO Diary

2014-12-03 00:00:00

Be wary of local, foreign plots, Chunnu tells garment owners

FE Report | 2014-12-03 00:00:00

State Minister for Labour and Employment Mujibul Haque Chunnu urged Tuesday apparel makers to stay alert of local and foreign conspiracies being hatched to ruin the country's crucial garment sector. "Please stay alert. There are both local and international conspiracies...

BDT deflates further against US$

FE Report | 2014-12-03 00:00:00

The Bangladesh Taka (BDT) depreciated further against the US dollar on Tuesday despite the central bank's intervention in the market through selling the greenback to the commercial banks. The BDT depreciated by 0.03 per cent against the US dollar in...

Shrimp exporters face key test as EU safety team\\\'s visit nears

Monira Munni | 2014-12-03 00:00:00

Frozen food exporters will face a key test early next year when a European Union team visits the country to check whether shrimp being destined to the block meets safety requirement. Exporters and officials have termed the visit by the...

News Briefs

2014-12-03 00:00:00

Petrol pump, baker fined for irregularities Mobile courts Tuesday fined owners of a petrol pump and a bakery in Dhaka for giving less in weight of petrol and octane, and manufacturing bakery products in unhealthy environment respectively. Bangladesh Standards and...

Photo: Rahimafrooz Distribution Limited

2014-12-03 00:00:00

Photo: Ratanpur Steel Re-Rolling Mills Limited

2014-12-03 00:00:00

Photo: Meghna Bank Limited

2014-12-03 00:00:00

EU to form European Union Business Council in BD

FE Report | 2014-12-03 00:00:00

The European Union (EU) is going to form a European Union Business Council (EUBC) in Bangladesh, commerce minister Tofail Ahmed said Tuesday. The EU expressed its interest to import medicine, ship and ICT along with readymade garment items from Bangladesh,...

Gambian entrepreneurs urged to import Bangladeshi items

2014-12-03 00:00:00

Gambian entrepreneurs have been urged to import chemical, leather and leather goods, footwear, and light engineering and plastic goods from Bangladesh. DCCI President Shahjahan Khan made the appeal while receiving a delegation of Gambia Chamber of Commerce and Industry to...

India mulls petroleum export to Bangladesh thru\\\' pipeline

2014-12-03 00:00:00

NEW DELHI, Dec 2 (BSS): India's first cross-country pipeline will connect to Bangladesh. Assam-based Numaligarh Refineries Limited (NRL), a subsidiary of Bharat Petroleum Corporation Limited (BPCL), will shortly begin work on laying a product pipeline from Siliguri in West Bengal...

Photo: Bangladesh Development Bank Limited (BDBL)

2014-12-03 00:00:00

Photo: First Security Islami Bank Limited (FSIBL)

2014-12-03 00:00:00

exchange rate

2014-12-03 00:00:00

Ebola to push Guinea, Sierra Leone into recession: World Bank

2014-12-03 00:00:00

WASHINGTON, Dec 02 (AFP): The World Bank said Tuesday that the fallout from the deadly Ebola pandemic will push Guinea and Sierra Leone into recession next year. With the disease still not under control in West Africa, the cost to...

Russian rouble gives up gains on forecast of recession

2014-12-03 00:00:00

MOSCOW, Dec 2 (Reuters): The Russian rouble gave up early gains on Tuesday after the Economy Ministry said it expects a recession next year and sees the currency remaining weak. At 1015 GMT, the rouble was down 1.7 per cent...