Bangladesh Submarine approves 10pc cash dividend The 6th Annual General Meeting (AGM) of Bangladesh Submarine Cable Company Limited (BSCCL) was held on Sunday at Hotel Ocean Paradise, Cox'sBazar. The Company declared 10% cash dividend in the meeting of the shareholders...
Mohammad Ali | 2014-10-15 00:00:00
At least half a dozen more audit firms are under scrutiny of the Institute of Chartered Accountants of Bangladesh (ICAB) for alleged professional misconduct relating to certifying the financial statements, officials said. The probe into the allegations against the audit...
International Finance Corporation (IFC) has accorded Bank Asia $70 million short-term loan and guarantee facilities aiming to facilitate access of the bank's exporters and importers to reliable and reasonable terms and conditions for trade finance and provide liquidity and stability...
MUMBAI, Oct 14 (Business Standard): Shares of consumer durables firm Symphony has surged 8 per cent to Rs 1,577 on NSE after reporting a strong 51 per cent year-on-year (yoy) jump in net profit at Rs 216 million for the...
Completion of shares sale IDLC Finance Ltd. The City Bank Limited, one of the Corporate Sponsors of the Company, has further reported that it has completed its sale of 12,50,000 shares of the Company at prevailing market price through Stock...
Badrul Ahsan | 2014-10-15 00:00:00
The government has started replacing the existing fixed telephones of Dhaka city with modern ones in order to keep revenue from falling, officials said. Under the initiative, the Bangladesh Telecommu-nications Company Ltd (BTCL) has started replacing 0.11 million fixed phones...
Syful Islam | 2014-10-15 00:00:00
Garment makers are making a strong plea for giving them closed and loss-incurring state-owned enterprises (SoEs) to relocate their factories by creating small-sized apparel zones. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in a recent letter to the ministry of...
Prime Minister (PM) Sheikh Hasina said on Tuesday the government is ready to allocate a land in Mirsarai upazila of Chittagong district for setting up an exclusive economic zone for Singaporean investors. "The government is ready to allocate a land...
BCIC gets new chairman Additional Secretary Mohammed Iqbal has joined Bangladesh Chemical Industries Corporation (BCIC) as its 30th chairman recently. Prior to joining the post, he was the director general of NIPORT under the Ministry of Health & Family Welfare....
The United Nations Conference on Trade and Development (Unctad) will conduct a feasibility study on the scope and benefit of integration of Bangladesh's Special Economic Zones (SEZs) with the global supply-chain. The disclosure came when Industries Minister Amir Hossain Amu...
Bangladesh's participation in the 10th summit of the Asia-Europe Meeting (ASEM) will help the country appear as a 'responsible' and 'active' state at the global stage, said Foreign Minister (FM) AH Mahmood Ali in the city on Tuesday, reports UNB. ...
RANGPUR, Oct 14 (BSS): Expanded cultivation of the short duration and drought-tolerant variety BRRI dhan56 rice could increase rice production to ensure food security under adverse climatic condition, experts at a Farmers' Field Day said here today. RDRS Bangladesh organised...
From now on Emirates Airline will work closely with the Angolan government and TAAG Linhas Aéreas De Angola to formulate and implement a business plan. In this connection, a 10-year Management Concession Agreement was signed between Emirates and the Republic...
NEW DELHI, Oct 14 (AFP) : India posted better inflation data for a second straight day Tuesday, stirring hopes it is making headway in taming prices and will be able to cut interest rates to spur a sluggish economy. Wholesale...
LONDON, Oct 14 (AFP) : Britain's inflation slowed to a five-year low in September, official data showed Tuesday, dimming prospects of a hike to British interest rates amid economic strains in the neighbouring eurozone. The annual rate slid to 1.2...
SINGAPORE, Oct 14 (AFP) : Singapore's economy returned to growth in July-September, reversing contraction in the previous three months, owing to a pick-up in the city-state's key manufacturing sector, the government said Tuesday. Compared with the second quarter, gross domestic...
LONDON, Oct 14 (Reuters) : Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares in a bid to curb hitherto unregulated risks in "shadow banking". Securities financing are typically short-term...
FRANKFURT, Oct 14 (AFP) : The pall of gloom hanging over the German economy, Europe's biggest, deepened in October as investment sentiment turned negative and fell to its lowest level in nearly two years, a survey showed Tuesday. The widely...
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