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ICAB\\\'s training on ERP Software concludes

2014-09-15 00:00:00

The concluding ceremony of a training on ERP Software - SAP (FICO Module) organised by The Institute of Chartered Accountants of Bangladesh (ICAB) was held in the city Saturday, said a statement. The ICAB arranged the training for its members...

Govt examining reasons behind export fall in to India last fiscal

Syful Islam | 2014-09-15 00:00:00

The government is examining the reasons behind significant fall of export to India in last fiscal year though Bangladesh has been enjoying duty free market access there, official sources said. The ministry of commerce (MoC) has started working on identifying...

Labour wing at 28 missions working for overseas job, JS told

2014-09-15 00:00:00

Labour wing at 28 missions are working to find out new destinations to send workers abroad with employment. "We have sent a proposal to public administration ministry for approval to open labour wing at new places having 150 posts under...

News Briefs

2014-09-15 00:00:00

NRB Bank gets new DMD Zeeshan Hasib has recently been promoted to the post of deputy managing director (DMD) of NRB Bank Limited. He joined NRB Bank as senior executive vice president and head of Corporate Banking in 2013. An...

‘BD workers barred from entering Palau’

2014-09-15 00:00:00

The government of Palau has imposed a temporary ban on Bangladeshi migrant workers to enter the island country located in the western Pacific Ocean, reports Radio Australia on Monday. However, it could not yet be confirmed from Bangladesh side, according...

Photo: Bangladesh Bank Governor Dr Atiur Rahman speaking

2014-09-15 00:00:00

Photo: The signing ceremony of a vendors agreement on DSE membership

2014-09-15 00:00:00

Photo: Durable Plastic Limited

2014-09-15 00:00:00

Govt works relentlessly to attain economic progress: Muhith

2014-09-15 00:00:00

FARIDPUR, Sept 14 (BSS): Finance Minister AMA Muhith said here today that our present government of Prime Minister Sheikh Hasina is working relentlessly for attaining economic progress so that we can come out from the curse of poverty as soon...

BB seeks detailed remittance info from dealer banks

2014-09-15 00:00:00

Bangladesh Bank (BB) has sought detailed information from its authorised dealer banks on remittance they receive from aboard as Wage Remittance, reports UNB. In a circular issued on Sunday, the central bank asked the banks to send their remittance reports...

Govt \\\'imports Tk 295.55b items from India\\\' in FY-2013-\\\'14

2014-09-15 00:00:00

The government imported products from India at a cost of Tk 295.55 billion during the fiscal year (FY) 2013-2014. Commerce Minister Tofail Ahmed disclosed the figure while replying to a question from M Israfil Alam at the Jatiya Sangsad in...

BGB seize smuggled goods at Hili

2014-09-15 00:00:00

DINAJPUR, Sept 14 (bdnews24.com): Border Guards Bangladesh (BGB) have seized a large quantity of Phensidyl, Indian medicines, saris, clothes and detained four suspected drug traffickers. Basudevpur Camp Commander Delwar Hossain told the news agency, "BGB have seized the smuggled goods...

Country \\\'produces 29.5m tonnes foodgrains\\\' in last FY

2014-09-15 00:00:00

Production of food grains in the country was 29.50 million tonnes in the last fiscal year (FY) against the demand of 29.20 million tonnes, Food Minister Quamrul Islam told Parliament on Sunday, reports UNB. Of the total quantity, rice production...

Fire guts RMG factory, cotton storehouse

2014-09-15 00:00:00

GAZIPUR, Sept 14 (UNB): A readymade garment (RMG) factory caught fire in Tongi Bangladesh Small and Cottage Industries Corporation (BSCIC) area of the city on Sunday afternoon. The local people said the fire originated from an unknown source at a...

Govt to increase revenue income by 5pc in next 5 yrs: Muhith

2014-09-15 00:00:00

Finance Minister AMA Muhith  said Monday the government has set a target to increase revenue income by five per cent in next five years. “The revenue income has increased by only three per cent during 1983-2009. We’ve increased revenue income...

exchange rate

2014-09-15 00:00:00

Photo: Bangladesh Parjatan Corporation

2014-09-15 00:00:00

Photo: Secretary & CEO of India-Bangladesh Chamber of Commerce & Industry

2014-09-15 00:00:00

‘Mahbub Ullah came under attack for speaking truth’

2014-09-15 00:00:00

Claiming that Dr Mahbub Ullah came under attack for speaking the truth, president of Bikalpa Dhara Bangladesh (BDB) Dr AQM Badruddoza Chowdhury on Monday urged professionals to be vocal against the assault. B Chowdhury, also a former president, came up...

Growing foreign fund influences a risk for emerging markets: BIS

2014-09-15 00:00:00

LONDON, Sept 14 (Reuters) : The global fund management industry is a potential source of risk for emerging markets because of its vast size and herd-like investor behavior that can exacerbate asset price fluctuations, a BIS report said on Sunday....

Investors express positive sentiment on India: Envoy

2014-09-15 00:00:00

SINGAPORE, Sept 14 (PTI):  India is witnessing positive sentiments including renewed interests from foreign investors backed by more than 25 million Indian diaspora committed to the country, India's envoy here has said. "The investors' sentiments on India are positive. We...

Apple a decade behind Japan mobile payment curve

2014-09-15 00:00:00

TOKYO, Sept 14 (AFP) :  Apple's proud announcement that its new iPhone could be used to buy goods in a single swipe left customers non-plussed in Japan, where mobile contactless payments have been normal fare for a decade. A type...

Khaleda slams arrest of Taimur

2014-09-15 00:00:00

Voicing concern over the arrest of her party leader Advocate Taimur Alam Khandaker in a ‘false, fabricated and politically motivated case’, BNP chairperson Khaleda Zia on Monday said the arrest was made as part of the government’s plot to establish...

EU ministers promote ‘investment’ but options unclear

2014-09-15 00:00:00

MILAN, Sept 14 (AFP) :  EU ministers said Saturday investment was key to bringing the European economy out of the doldrums, but options were limited with funding and spending issues still unresolved. "There is a dearth of investment in Europe...

News in Brief

2014-09-15 00:00:00

Samsung seeks state probe of LG executives for vandalism SEOUL, Sept 14 : Samsung said Sunday it had requested a state investigation of senior executives from its South Korean rival LG for allegedly destroying its products at stores in Berlin,...

Investor wealth of BSE listed stocks nears Rs 100t mark

2014-09-15 00:00:00

NEW DELHI, Sept 14 (PTI): With the benchmark Sensex witnessing a dream-run, total market valuation of BSE listed companies has inched closer to Rs 100 trillion milestone. At present, the total market capitalisation (m-cap) of BSE listed companies stands at...

Snowman Logistics shares soar 70pc on debut

2014-09-15 00:00:00

MUMBAI, Sept 14 (Business Standard): Snowman Logistics, the country's largest cold storage warehousing chain, saw its shares soar 70 per cent at stock market debut on Friday. Promoted by Gateway Distriparks, it raised nearly Rs 2.0 billion from the initial...

Reliance ups stake in Jio to 99pc

2014-09-15 00:00:00

MUMBAI, Sept 14 (Business Standard): Ahead of the launch of its mobile phone services, Reliance Industries Limited (RIL) has increased its stake in Reliance Jio to almost 99 per cent. According to documents available with this newspaper, RIL increased its...

Market valuation of top 5 Sensex cos fall by Rs 369.72b

2014-09-15 00:00:00

NEW DELHI, Sept 14 (PTI): The market valuation of top five Sensex companies fell by Rs 369.72 billion last week, with ONGC and Sun Pharma being the worst hit. While ONGC, RIL, CIL, Infosys and Sun Pharma saw losses in...

NBP Chairman, President to visit Dhaka

2014-09-15 00:00:00

Chairman of the Board of Directors of National Bank of Pakistan (NBP), Muneer Kamal and President of the bank Syed Iqbal Ashreaf will be visiting Bangladesh on a five-day official tour this week. During their visit they will have a...