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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...

Pharma Aids recommends 25pc cash dividend

2014-11-14 00:00:00

The board of directors of Pharma Aids has recommended 25 per cent cash dividend for the year ending on June 30, 2014, reports UNB. The annual general meeting (AGM) of the company will be held on December 28 at Kendrio...

HK shares close up

2014-11-14 00:00:00

SHANGHAI, Nov 13 (Reuters): Hong Kong shares rose on Thursday, lifted by consumer and casino shares and buttressed by financials. The HSI index rose 81.76 points, or 0.34 per cent, to 24,019.94, while the Hong Kong China Enterprises Index gained...

ICB AMCL discloses NAV of different funds

2014-11-14 00:00:00

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 November 12, 2014, said...

ICB AMCL discloses NAV of MFs

2014-11-14 00:00:00

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 November 12, 2014, said a...

IPO Diary

2014-11-14 00:00:00

Photo: Panel Discussion on Challeneges to Private Sector Development in Bangladesh.

2014-11-14 00:00:00

Photo: South Bangla Agriculture & Commerce (SBAC) Bank Limited

2014-11-14 00:00:00

Economic burden of diabetes

Muhammad Abdul Mazid | 2014-11-14 00:00:00

Diabetes is one of the major health and development challenges of the 21st century. There are currently 371 million people living with diabetes and another 280 million are at high risk of developing the disease across the world. Half a...

The power of the financial oligarchy

Amiya Kumar Bagchi in the second of his three-part article | 2014-11-14 00:00:00

ETHICAL BANKING AND RELATIONSHIP BANKING FOR THE NON- AGRICULTURAL SECTOR: As I had written some time back: 'Economists have recently theorised about a fact which bankers had recognised all along, viz., that credit markets are necessarily imperfect and that rate...

Regional growth-driven economy

2014-11-14 00:00:00

The importance attached to regional growth was clear and candid in the recently-held international conference in Dhaka on 'Global Economic Recovery: Asian Perspective', organised by the International Chamber of Commerce Bangladesh (ICCB). Speakers and delegates from different countries deliberated at...

What will be end result of BRTA drive?

Nilratan Halder | 2014-11-14 00:00:00

How ludicrous! The on-going drive against unfit, unlicensed vehicles and drivers without driving licences is making news more for the sufferings caused to commuters than for the success of the drive. A report quoting the chairman of the Bangladesh Road...

Pollution—insidious and invasive

Shihab Sarkar | 2014-11-14 00:00:00

It's excellent for one to have an extraordinary ability to react. It helps a lot when s/he is vulnerable to hazards both in existence and impending. Not always. On occasions, and if one lives in this overcrowded, maddening metropolis, reflex...

Lost magic of Gulshan area

2014-11-14 00:00:00

I have heard from my father that when he was studying at a famous Dhaka school, the authorities of the institution used to take its students to Gulshan for picnic every year. It was in the decade of the sixties....

Menace of forged currency notes

2014-11-14 00:00:00

The regular busting of the dens of fake currency manufacturers is no doubt a laudable feat accomplished by the law enforcers. But these raids seem to be a mere tip of the iceberg. That's what alarms us. Before buying things...

Plight of libraries

2014-11-14 00:00:00

Dhaka was once famous for its rich libraries. There was hardly any locality that did not have one. The present older part of the city had reasons to take pride in its libraries. Books of subjects ranging from literature, philosophy,...

Democracy as a free lunch

Md Jamal Hossain from Denver, USA | 2014-11-14 00:00:00

In a democratic system, every eligible person is free to vote. But free-to-vote doesn't mean that voting is for free, and it doesn't have any cost at all. Nobody pays to vote, but voting has costs. People vote for the...

Trip to a mind which is awake

Z. I. M. Waliul Hye reviewing the book | 2014-11-14 00:00:00

I had the opportunity to read in the newspaper some of the write-ups included in this recently published book 'Reflections at Twilight'. Retiring after about 35 years' yeoman service to the nation Prof. Sarwar Md. Saifullah Khaled has done a...

BNP critical of Imam\\\'s job assurance to BCL

2014-11-14 00:00:00

BNP acting secretary general Mirza Fakhrul Islam Alamgir claimed Thursday that Prime Minister's (PM) adviser HT Imam's assurance about arranging government jobs for Bangladesh Chhatra League (BCL) activists has exposed the government's extreme politicisation and nepotism, reports UNB. "The government...

Joy urges BCL men to work for country\\\'s welfare

2014-11-14 00:00:00

Prime Minister (PM) Sheikh Hasina's Information and Communication Technology (ICT) affairs adviser Sajeeb Wazed Joy called upon the leaders of Bangladesh Chhatra League (BCL) Thursday to work for the country's welfare with their merit and labour, reports BSS. "Nobody will...

Nanak wants to see Khaleda in jail

2014-11-14 00:00:00

Awami League (AL) joint general secretary Jahangir Kabir Nanak said Thursday BNP chairperson Khaleda Zia should be put behind the bars for breaking peace in the country, reports UNB. "The position of the person who breaks peace should be in...