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sports digest

2014-11-14 00:00:00

One dead in Argentina football fan shooting BUENOS AIRES, Nov 13: One person was killed and three hurt when football hooligans in Argentina shot at each other Wednesday, in the latest violence to tarnish the sport in the country. Police...

India\\\'s steel consumption to grow on Modi\\\'s infrastructure drive

Krishna N. Das of Reuters in New Delhi | 2014-11-14 00:00:00

India's steel consumption is expected to grow at its fastest pace in five years next year on Prime Minister Narendra Modi's infrastructure push, but a scarcity of raw materials means it will be at the expense of another key goal...

China seeks greater role in Afghanistan with peace talk push

Jessica Donati of Reuters in Kabul | 2014-11-14 00:00:00

Sri Lanka\\\'s Supreme Court okays president\\\'s third term

Shihar Aneez and Ranga Sirilal of Reuters in Colombo | 2014-11-14 00:00:00

Sri Lanka's Supreme Court has cleared President Mahinda Rajapaksa to stand for a third six-year term and declare snap presidential polls after he completes four years in office, his party said in parliament November 11. The Supreme Court had responded...

Ensuring standard of solar panels stressed

FE Report | 2014-11-14 00:00:00

Prime Minister's Adviser for Power, Energy and Mineral Resources Dr Tawfiq-e-Elahi Chowdhury urged private entrepreneurs Thursday to ensure standard of solar panels to remove the confusion arisen over application of renewable energy. Mr Chowdhury said: "Technology standardisation is very important....

Cell in MoC to monitor prices of essentials

Talha Bin Habib | 2014-11-14 00:00:00

The Ministry of Commerce (MoC) has formed a cell to monitor and forecast prices of essential commodities aiming to stabilise internal market price situation, officials said. The cell named 'Price Monitoring and Forecasting Cell' will help provide information to the...

News Briefs

2014-11-14 00:00:00

BCI gets new office-bearers Managing Director of Ha-Meem Group & former president of FBCCI AK Azad has been elected president of the Bangladesh Chamber of Industries (BCI) for the 2014-2016 session. The election of the BCI's office-bearers and directors was...

Photo: Modhumoti Bank Limited

2014-11-14 00:00:00

Photo: Farmers Bank Limited

2014-11-14 00:00:00

Bangladesh wants to lure Malaysian investment

2014-11-14 00:00:00

KUALA LUMPUR, Nov 13 (UNB): Bangladesh will focus on attracting massive Malaysian investment in prospective areas apart from branding positive Bangladesh during a three-day trade show titled 'Showcase Bangladesh-2014' beginning in Kuala Lumpur today (Friday). "We need to consider Malaysia...

EU to aid BD export diversification: Envoy

2014-11-14 00:00:00

The European Union (EU) mission in Dhaka will support Bangladesh's export diversification efforts especially in its ship-building, medicine and information technology sectors. Newly appointed EU Ambassador in Bangladesh Pierre Mayaudon said this when he called on Foreign Minister AH Mahmud...

BB step to include street kids in banking system hailed

2014-11-14 00:00:00

The Bangladesh Bank (BB) taken initiative to include child labour in the banking system has been lauded in a write-up published in theguardian.com Wednesday. It said the financial exclusion creates a particular paradox for working and street children in that...

exchange rate

2014-11-14 00:00:00

Photo: Finance Minister Abul Maal Abdul Muhith as the chief guest handing over

2014-11-14 00:00:00

Six big banks hit with $4.2b forex rigging fines

2014-11-14 00:00:00

LONDON, Nov 13 (BSS/AFP): Global regulators announced yesterday $4.2 billion in fines against six major US and European banks for attempting to manipulate foreign exchange markets. The hefty fines, unveiled in London, Washington and Zurich, follow a worldwide probe into...

ECB to take policy action to boost economy

2014-11-14 00:00:00

FRANKFURT, Nov 13 (Reuters): A large group of professional forecasters cut their outlook for euro zone inflation and growth, underlining a trend that could prompt the European Central Bank to take more policy action to kick-start the region's flagging economy....

China economy cooling further, Oct data shows

2014-11-14 00:00:00

BEIJING, Nov 13 (Reuters): China's economy lost further momentum in October, with factory growth dipping and investment growth hitting a near 13-year low, testing the government's resolve to avoid stronger stimulus measures. The soft performance cemented the view that China...

Japan firms overwhelmingly want Abe to delay tax hike

2014-11-14 00:00:00

TOKYO, Nov 13 (Reuters): Japanese companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap a planned tax increase, a Reuters poll shows, highlighting concerns that it could derail a fragile economic recovery. As expectations grow that Abe will...

Stocks see marginal correction

FE Report | 2014-11-14 00:00:00

The market saw marginal correction Thursday after two session's gain with turnover dipping below Tk 7.0 billion-mark again as investors booked some profit. The market opened with an upward trend, but could not sustain as the session progressed. Eventually, DSEX,...

BB governor wins GUSI Peace Prize

2014-11-14 00:00:00

Bangladesh Bank Governor Dr. Atiur Rahman has been awarded with the 'GUSI Peace Prize International 2014' for his contribution in the field of Economics focused on welfare of the poor. He will receive the award on November 26, 2014 in...

BSEC imposes condition on holding of AGMs

FE Report | 2014-11-14 00:00:00

The securities regulator has imposed a condition on holding annual general meeting (AGM) of listed companies within the city, town or locality in which the companies' registered office is situated, officials said. The fresh condition was imposed Thursday through a...

Fund constraint for land acquisition major barrier to build SEZs

FE Desk Report | 2014-11-14 00:00:00

Fund constraint for land acquisition is the major barrier to build special economic zones in various parts of the country. “Although all measures have been taken to build special economic zones in various parts of the country but my office...

Police to deploy over 4,000 DMR radios

2014-11-14 00:00:00

Motorola Solutions, Inc. (NYSE: MSI), a leading provider of mission-critical communication solutions and services for public safety and commercial customers, has received its largest digital mobile radio (DMR) order in Bangladesh. As part of an upgrade from its legacy analog...

Prime Financial Unit Fund NAV disclosed

2014-11-14 00:00:00

The total NAV of Prime Financial First Unit Fund stood at Tk 218,553,770 on the basis of cost price and Tk 206,915,289 on the basis of market price at the close of business operation on 13 November 2014. The NAV...

News Briefs

2014-11-14 00:00:00

New ICB chairman joins Prof. Mojib Uddin Ahmed, PhD has recently joined as Director and Chairman of the Board of Directors of Investment Corporation of Bangladesh (ICB). Mr. Ahmed obtained his Bachelor of Commerce in Accounting and Master of Commerce...

Photo: EBL

2014-11-14 00:00:00

Photo: AB Bank Ltd

2014-11-14 00:00:00

Photo: United Commercial Bank Limited (UCBL)

2014-11-14 00:00:00

Photo: Pubali Bank Limited

2014-11-14 00:00:00

Thai cos want spl economic zone in BD

FE Desk Report | 2014-11-14 00:00:00

Bangladesh Thai Chamber of Commerce and Industry (BTCCI) placed a number of proposals to the Industry Minister of Bangladesh including the seeking govt. cooperation of relocating labor intensive industry in Bangladesh from Thailand, removal of tariff barriers to strengthen bilateral...