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Copper slips as Germany feeds global growth worries

2014-10-13 00:00:00

SYDNEY, Oct 12 (Reuters): London copper slipped and was set to end little changed on the week, after worsening economic indicators from Germany rekindled global growth concerns that have cast a pall on the outlook for metals. German exports plunged...

Photo: SATINEBOUGOU, Mali: Baskets of organic fruits, vegetables and herbs

2014-10-13 00:00:00

DSE trading resumes flying high

FE Report | 2014-10-13 00:00:00

The bullish spell continued on the bourses Sunday with prime index of the major bourse crossing 5,300-point mark for the first time after its inception in January 2013, as the market was on a steady gaining streak. It was the...

‘Apartments to be built for slum dwellers’

2014-10-13 00:00:00

Housing and Public Works Minister Engineer Mosharraf Hossain on Monday said the government will build apartments for slum dwellers. “Slum dwellers will not have to live in slums anymore. The government is working to build cost-effective apartments for them,” he...

CSE launches two new indices

FE Report | 2014-10-13 00:00:00

Chittagong Stock Exchange Limited (CSE) Sunday launched two new indices named CSE Shariah Index (CSI) and CSE-50 Benchmark Index (CSE-50) to be utilised by investors to track the performance of Shariah compliant securities and the market as well, officials said....

Top five Indian cos lose Rs 43b in mkt valuation

2014-10-13 00:00:00

NEW DELHI, Oct 12 (PTI): The market valuation of top-five Indian companies fell by Rs 425.20 billion last week, with IT major TCS taking the biggest hit. While TCS, ITC, CIL, HDFC Bank and Sun Pharma saw losses in their...

News Briefs

2014-10-13 00:00:00

BSEC inks  MoU with IOSCO International Organisation of Securities Commissions (IOSCO) accorded a  reception to the Bangladesh Securities and Exchange Commission (BSEC) as it has been promoted to A-Category membership of the IOSCO, a statement said. According to a BSEC...

Photo: Singer Corporation

2014-10-13 00:00:00

Photo: Trust Bank Limited

2014-10-13 00:00:00

Govt finalises definition of Freedom Fighters

2014-10-13 00:00:00

The Liberation War Affairs Ministry finalised Monday the definition of Freedom Fighters (FF). As per the new definition, those who were at least 15-year old on March 26, 1971 now they can apply for their freedom-fighter status. The new definition...

Acme Lab to enter stock market

2014-10-13 00:00:00

Acme Laboratories will float an IPO to raise funds from the market to finance its three new projects. The company plans to offer shares worth Tk 50 million for potential investors, Managing Director Mizanur Rahman Sinha told a press briefing...

Azad inaugurates fishing vessel EuroStar-2

2014-10-13 00:00:00

A deep sea fishing vessel 'EuroStar-2' which has a capacity of 205 MT financed by Shahjalal Islami Bank Limited (SJIBL) was inaugurated at the Port of Chittagong on Sunday. The bank has  invested Tk 213 million for building this deep...

Photo:Prime Bank Eye Hospital

2014-10-13 00:00:00

Photo: Uttara Bank Limited

2014-10-13 00:00:00

IPO Diary

2014-10-13 00:00:00

Daily Market Wrap

2014-10-13 00:00:00

3 killed in Noakhali road crash

2014-10-13 00:00:00

Three people were killed in a head-on collision between a CNG-run auto-rickshaw and a bus on Sonaimuri-Chatkhil road in Sonaimuri upazila of Noakhali on Monday night. The deceased could not be identified immediately, according to a news agency.    

2011 B\\\'desh dirty money flow tops $1.0b

FE Desk Report | 2014-10-13 00:00:00

With tepid trends of foreign aid flow, countries like Bangladesh should beef up efforts to  mobilise domestic resources, panelists said at a discussion in Washington Saturday. They said one "window of opportunity" for broadening the domestic resource base is to...

NBR ready to work with DCCI to host UZ-level tax fairs

2014-10-13 00:00:00

Chairman of the National Board of Revenue (NBR)M Ghulam Hussain proposed on Sunday organising tax fairs at upazila level in the future in collaboration between the NBR and the Dhaka Chamber of Commerce and Industry (DCCI). He also suggested signing...

News Briefs

2014-10-13 00:00:00

10 more JICA volunteers in Bangladesh Koichi Harada, JICA volunteer, arrived in Dhaka recently to support the improvement of Management Information System of Bangladesh DGHS. Nine more volunteers of JICA arrived in Bangladesh recently. Of them one volunteer will work...

Photo: Commerce Minister Tofail Ahmed handing over a CIP card

2014-10-13 00:00:00

Photo: President of the Chittagong Chamber of Commerce and Industry Mahbubul Alam

2014-10-13 00:00:00

Photo: Chief Representative of JICA Bangladesh Office Mikio Hataeda

2014-10-13 00:00:00

BD to seek increased investment

2014-10-13 00:00:00

Bangladesh will uphold the existing 'favourable' investment climate at the high-level World Investment Forum -2014 (WIF-2014) that begins in Geneva today (Monday) and seek increased investment for the country, said an official in the city on Sunday, reports UNB. Industries...

European bank mergers still face hurdles

2014-10-13 00:00:00

PARIS, Oct 12 (Reuters): Health checks on Europe's banks may reveal takeover targets, but because protectionist regulation across the region has yet to be addressed, any post-"stress test" tie-ups are likely to be along national lines and could make a...

Swiss business urges talks on immigration

2014-10-13 00:00:00

ZURICH, Oct 12 (Reuters): Switzerland's business elite published an appeal in a Swiss newspaper on Sunday to save the country's accords with the European Union from unravelling due to a vote earlier this year to curb immigration from the bloc....

UAE approves budget without deficit

2014-10-13 00:00:00

ABU DHABI, Oct 12 (AFP): The United Arab Emirates (UAE) approved its 2015 budget on Sunday, projecting no deficit and increased income and public spending as the oil-rich nation continues its rebound from years of financial peril. Vice President Sheikh...

Economy will avoid hard landing, hopes Chinese PM

2014-10-13 00:00:00

SHANGHAI, Oct 12 (Reuters): China will avoid a hard landing despite worries over a slowdown in the world's number two economy and a flagging real-estate market, the country's Premier Li Keqiang said in a speech in Germany on Saturday. The...

Export, import resume at Banglabandha Land Port

2014-10-13 00:00:00

PANCHAGARH, Oct 12 (BSS): All kinds of export and import activities through Banglabandha Land Port resumed today under Tetulia Upazila of the district after 10 days on the occasion of Eid-ul-Azha and Durga Puja. Land port sources said that all...

BGB seize contraband goods worth Tk 7b in nine months

2014-10-13 00:00:00

The Border Guard of Bangladesh (BGB) seized almost Tk 7.0 billion contraband items, mostly drugs, in the first nine months of the year, reports BSS. Apart from drugs, arms and ammunitions including 70 pistols, nine revolvers, 47 guns, 25 bombs,...