MADRID, Oct 16 (AFP): Former IMF head Rodrigo Rato is due to appear in a Spanish court on Thursday for questioning over allegations that he and other former banking executives went on spending sprees with company credit cards. Audit documents...
SHANGHAI, Oct 16 (Reuters): China said on Thursday it would punish carmakers by restricting their production and publicly naming them if they fail to meet fuel consumption requirements on passenger vehicles set for 2015. Punitive measures outlined for offenders of...
NAIROBI, Oct 16 (AFP): International tourist arrivals to Kenya fell 13.6 per cent in the first half of this year, following a string of attacks blamed on Somali Islamist insurgents, official figures showed Thursday. Official data from Kenya Tourism Board...
Siddique Islam | 2014-10-17 00:00:00
The central bank has asked Islamic banks and non-banking financial institutions (NBFIs) to participate in its newly introduced Shariah-based refinancing scheme. The advice came at a meeting with the senior executives of the Islamic banks and NBFIs held at the...
FE Report | 2014-10-17 00:00:00
Green Delta Insurance Company Ltd (GDIC), leading non-life insurer in the country, has launched its fourth subsidiary -- GD Assist Ltd-- aiming to provide value added services in healthcare, facilitating to back up the insurance industry. GD Assist was formally...
FE Report | 2014-10-17 00:00:00
Stocks returned to the red Thursday after previous day's upturn with turnover dipping to one-month low on major bourse as investors remained more cautious amid the increased level of volatility. After falling sharply at the open, stocks have regained some...
Sinha Securities Limited, DSE TREC No. 67, has withdrawn one of its authorised representatives, Mr. Sharif Mosharraf Hossain, with immediate effect. Commerce Bank Securities Commerce Bank Securities and Investment Ltd., DSE TREC No. 180, has withdrawn one of its authorised...
Prime Financial Unit Fund NAV disclosed Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial...
MUMBAI, Oct 16 (Reuters): The BSE Sensex fell for a second consecutive session on Thursday, as companies seen most exposed to the global economy such as Hindalco Industries and Sesa Sterlite declined tracking a downturn in global markets. Markets across...
The board of directors of Al-Haj Textile has recommended 20 per cent stock dividend for the year ended on June 30, 2014, reports UNB. The annual general meeting (AGM) of the company will be held on December 20, 2014 at...
Jon Fredrik Baksaas, President and Chief Executive Officer (CEO) of Telenor Group, has been named one of the best- performing CEOs in the world by the Harvard Business Review, reports BSS. The annual list of 100 CEOs is developed based...
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 October 15, 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 October 15, 2014, said...
FE Report | 2014-10-17 00:00:00
Charge de Affaires of Chinese Embassy in Dhaka Qu Guangzhou said Thursday China stands by Bangladesh to fight poverty. "Ten per cent Chinese people still live under poverty line… Bangladesh is also a developing country like China and it has...
German Chancellor Angela Merkel has highly appreciated Prime Minister Sheikh Hasina's role in settling the maritime boundary disputes with India and Myanmar, terming the initiative as a model that could be followed by other nations, reports UNB. Angela Merkel came...
He says Shaheed Minar's sanctity being harmed thru' politicisation BNP senior leader Barrister Rafiqul Islam Mian alleged Thursday that the government is conspiring to destroy their party in a bid to remove its barrier to hanging onto power forever, reports...
Questioning the achievement of Bangladesh under the democratic governing system, former military ruler and Jatiya Party chairman HM Ershad said Thursday the country is now under a 'one-party democracy', reports UNB. "Many people say I was an autocratic ruler, but...
THAKURGAON, Oct 16 (BSS): General secretary of the ruling Awami League (AL) and LGRD and Cooperatives Minister Syed Ashraful Islam, MP, said here today that continuation of democratic system is the sole medium of keeping momentum of the country and...
BNP will observe 'mourning day' today (Friday) across the country to condole the death of BRAC University professor and right-leaning political analyst Dr Piash Karim, reports UNB. "BNP will observe countrywide 'mourning day' Friday at the premature death of eminent...
Amid protests from different quarters Piash Karim's family has backed-off from their plans to take his body to the Central Shaheed Minar, reports bdnews24.com. They decided to do so to avoid anymore 'discussions or criticism' over the matter, he said....
Saber Hossain Chowdhury, MP, has been elected president of the Inter-Parliamentary Union (IPU) for the next three years, reports UNB. Mr Chowdhury, chairman of the Parliamentary Standing Committee on the Textile and Jute Ministry, was elected IPU president defeating his...
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