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US help to move BD RMG industry forward sought

2014-10-20 00:00:00

The US has been requested to help Bangladesh's readymade garment (RMG) industry so that it can move forward smoothly. Bangladesh Ambassador to the United States Mohammad Ziauddin came up with the request when he called on Congresswoman (Democrat-Queens) Grace Meng...

exchange rate

2014-10-20 00:00:00

Photo: South Bangla Agriculture & Commerce (SBAC) Bank

2014-10-20 00:00:00

Photo: Agrani Insurance

2014-10-20 00:00:00

Photo: Nazrul Group of Industries (NGI)

2014-10-20 00:00:00

Photo: A meeting on service delivery

2014-10-20 00:00:00

HK protests, China slowdown takes sparkle off luxury market

2014-10-20 00:00:00

PARIS, Oct 19  (AFP) : Protests in Hong Kong, an economic slowdown and anti-corruption drive in China and a coup in Thailand: Asia is no longer a market of constant growth for luxury goods firms. LVMH, world number-one in the...

$40 billion jet buying spree-IndiGo’s big bet

2014-10-20 00:00:00

NEW DELHI/PARIS, Oct 19 (Reuters) : Almost four years ago a handful of people gathered in Airbus sales chief John Leahy's spacious country house outside Toulouse and argued long into the evening over curry and cigars. Last weekend they met...

Berlin helping Paris dodge EU budget slap

2014-10-20 00:00:00

BERLIN, Oct 19 (AFP) : Germany is helping France to draw up a pact with the European Commission on deficit reduction and structural reforms to win Brussels' approval of its 2015 budget, a report said Sunday. The report by the...

Tesco accounting black hole to be less than originally stated

2014-10-20 00:00:00

LONDON, Oct 19 (Reuters): The world's third largest retailer, Tesco, will state next week that it overestimated earnings by less than the 250 million pounds which it previously announced, Sky news reported on Saturday, citing an unnamed banking source. Sky...

China growth seen at five-year low in Q3: Survey

2014-10-20 00:00:00

SHANGHAI, Oct 19 (AFP): China's economic growth in the third quarter fell to its slowest since the depths of the global financial crisis more than five years ago, an AFP survey projects. The country's gross domestic product (GDP) is predicted...

News in Brief

2014-10-20 00:00:00

'Euro zone not heading for recession' LONDON, Oct 19  :  The euro zone is not heading for another recession, the outgoing president of the European Commission Jose Manuel Barroso said on Sunday. Growth in the euro zone economy ground to...

20 businesses, individuals receive MCCI Centenary Awards

FE Report | 2014-10-20 00:00:00

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has awarded 20 businesses and individuals to recognise their valuable contributions to the economy. Finance Minister AMA Muhith formally handed over the awards to the winners Saturday at a ceremony at...

DSE regrets revenue board\\\'s request

Mohammad Mufazzal | 2014-10-20 00:00:00

Dhaka Stock Exchange (DSE) has regretted a revenue board's request regarding updating information on 12-digit TIN (Taxpayer's Identification Number) of BO (beneficiary owner's) account holders to avoid investors' misinterpretation, officials said.    The premier bourse 'verbally' regretted the request of National...

News Briefs

2014-10-20 00:00:00

National Housing opens 5th branch at Rangpur National Housing Finance And Investments Limited opened its 5th branch at Rangpur recently at Press Club Complex (2nd floor), Station Road, Rangpur. Md. Khalilur Rahman, Managing Director (CC) of the company attended the...

Photo: Pubali Bank Limited

2014-10-20 00:00:00

Photo: National Housing Finance And Investments Limited

2014-10-20 00:00:00

Key index of major bourse dips below 5,200-mark

FE Report | 2014-10-20 00:00:00

Stocks plummeted for the second running session Sunday with key index of the major bourse dipped below 5,200-mark as investors went for massive sales, anticipating further correction. The market opened with a downbeat mood and rest of the session decline...

Cos recommend dividends

2014-10-20 00:00:00

The board of directors of Popular Life Insurance Company Ltd has recommended 40 per cent stock dividend for the year ended on December 31, 2013. The annual general meeting (AGM) of the company will be held on December 18, 2014...

Top 5 Sensex cos lose Rs 655.70b in m-cap

2014-10-20 00:00:00

NEW DELHI, Oct 19 (PTI): Dragged down by IT bellwether TCS, the combined market valuation of top-five companies slumped Rs 655.70 billion last week. While TCS, ONGC, RIL, Infosys and Sun Pharma saw losses in their market valuation, ITC, CIL,...

NSE to auction govt bonds worth Rs 6.46b on Tuesday

2014-10-20 00:00:00

NEW DELHI, Oct 19 (PTI): Leading bourse, National Stock Exchange (NSE) will auction government debt securities worth Rs 6.46 billion for overseas investors on Tuesday, whose total investment has crossed 99% of permitted limit. The auction would be conducted for...

Myanmar\\\'s electricity supplier to go public

2014-10-20 00:00:00

YANGON, Oct 19 (Xinhua): Myanmar's Yangon Electricity Supply Board (YESB) said today that it is planning to transform itself into a listed company for more effective operation. The YESB will retain 51 per cent of the share, while the public...

Photo: (From left ) Tapan Chowdhury of Square Pharmaceuticals

2014-10-20 00:00:00

IPO Diary

2014-10-20 00:00:00

Today\\\'s Market Review

2014-10-20 00:00:00

Lack of good governance hindrance to sustainable development, say speakers

FE Report | 2014-10-20 00:00:00

Speakers at a programme identified Sunday lack of good governance as main hindrance to ensure sustainable development in the country. They were speaking at a working session of the national convention on "Towards Poverty Alleviation and Social Development: The Role...

RAJUK to allot apartments instead of plots

2014-10-20 00:00:00

The Rajdhani Unnayan Katripakha (RAJUK) will take up projects to allot apartments to the city dwellers instead of plots, RAJUK chairman Joinal Abedin Bhuiyan told journalists Sunday, reports BSS. "RAJUK will not take any project for plots, it will arrange...

MFI loans for MEs suggested

FE Report | 2014-10-20 00:00:00

Experts suggested the microfinance institutitions Sunday (MFIs) to provide loans for manufacturing and productive micro enterprises (MEs) considering the business risk and product quality. They also noted MEs have been contributing a lot in creating employment in the country and...

No presidential clemency for war criminals: Law Minister

2014-10-20 00:00:00

Law Minister Anisul Huq said Sunday the government is contemplating taking steps to bar the perpetrators of crimes against humanity from getting presidential clemency in the future, reports BSS. "It would be very sad, if any President pardons any perpetrator...

Angry JCD men postpone protest programme amid assurance

2014-10-20 00:00:00

The aggrieved Jatiyatabadi Chhatra Dal activists, deprived of posts in its new committee, Sunday postponed their demonstration and sit-in programmes in front their Nayapaltan central office following a fruitful meeting with BNP acting secretary general Mirza Fakhrul Islam Alamgir, reports...