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Photo: A views exchange meeting organised by the planning ministry

2014-09-12 00:00:00

Photo: A Munajat organised by Chittagong Chamber of Commerce and Industry (CCCI)

2014-09-12 00:00:00

exchange rate

2014-09-12 00:00:00

Global economy in need of sustainable growth: UNCTAD

2014-09-12 00:00:00

GENEVA, Sept. 11 (Xinhua): With insufficient demand and continuing financial instability being major problems, global economy is still in want of a sustainable growth path six years after the outbreak of global financial crisis, said a UN report Wednesday. According...

BOJ chief tells Abe ready to take steps if price goal in doubt

2014-09-12 00:00:00

TOKYO, Sept 11 (Reuters): Bank of Japan Governor Haruhiko Kuroda told Prime Minister Shinzo Abe he is prepared to take whatever steps needed to achieve the central bank's 2.0 per cent inflation target if it comes under threat. In a...

Argentina\\\'s Congress passes debt restructuring law

2014-09-12 00:00:00

BUENOS AIRES, Sept 11 (Reuters): Argentina's Congress gave final approval on Thursday to a law proposing to restructure the country's debt to skirt a US court ruling that forced it into its second default in 12 years. The debt restructuring...

China August inflation cools more than expected

2014-09-12 00:00:00

BEIJING, Sept 11 (Reuters): China's consumer inflation cooled more than expected in August, further evidence that the economy is losing momentum, but economists are divided over whether Beijing will use the extra room to announce fresh stimulus measures.The consumer price...

Russian ruble hits record low as sanctions loom

2014-09-12 00:00:00

 MOSCOW, Sept 11 (AFP): The Russian ruble slumped to another record low against the dollar on Thursday as the European Union prepared to hit Moscow with harsher sanctions over the Ukraine crisis. The ruble weakened to 37.57 against the dollar...

Photo: MUMBAI, India: An Indian man takes a nap while another eats a snack

2014-09-12 00:00:00

CSE for introduction of clearing company and derivatives mkt

FE Report | 2014-09-12 00:00:00

Asian Development Bank (ADB) Thursday sat with the Chittagong Stock Exchange (CSE) to exchange their views in a bid to implement the latest Capital Market Development Project-III (CMDP-III), officials said. A delegation of ADB's consultative firm Aries Group held a...

Muhith urges banks to spend more on education from CSR funds

2014-09-12 00:00:00

Finance Minister AMA Muhith on Thursday urged the country's banking sector to spend more from their corporate social responsibility (CSR) funds on the education sector, reports UNB. Appreciating Shahjalal Islami Bank (SJIBL) and Dutch-Bangla Bank for  their CSR contributions to...

News Briefs

2014-09-12 00:00:00

Response to DSE query Bangladesh Lamps Limited In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike. Bangladesh Autocars Limited In response to a...

Photo: Southeast Bank

2014-09-12 00:00:00

Photo: EBL

2014-09-12 00:00:00

Stock market extends gaining streak

FE Report | 2014-09-12 00:00:00

The stock market extended the gaining streak for the third running session Thursday with turnover improved further as investors continued focus on micro-cap and large-cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 12.78...

GP partners with EATL Apps Contest

2014-09-12 00:00:00

Grameenphone Ltd, the largest telecom operator of the country, signed an agreement with Ethics Advanced Technology Ltd (EATL) Wednesday to support the year-long journey of EATL-Prothom Alo Apps Contest 2015, reports UNB. EATL Managing Director MA Mubin Khan and Grameenphone...

Tokyo shares end at fresh 8-month high

2014-09-12 00:00:00

TOKYO, Sept 11 (AFP): Tokyo stocks rose 0.76 per cent to an eight-month high Thursday, while the dollar broke above 107 yen for the first time since late 2008, lifting exporters. The Nikkei 225 index at the Tokyo Stock Exchange...

DSE will remain closed for 9 days from Oct 3

FE Report | 2014-09-12 00:00:00

Share trading and official activities at Dhaka Stock Exchange (DSE) will remain closed for nine days from October 3, 2014, on the occasion of Eid-ul-Azha, including weekly holidays, officials said. The decision was taken at the 778th DSE board meeting...

ICB AMCL discloses NAV of MFs

2014-09-12 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 September 10, 2014, said a...

ICB AMCL discloses NAV of different funds

2014-09-12 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 September 10, 2014, said...

Photo: Uttara Bank Limited

2014-09-12 00:00:00

Daily Stock Market Report

2014-09-12 00:00:00

RMG and manpower export: Risk of depending on two markets

Naimul Gani Saif | 2014-09-12 00:00:00

Without any doubt, the two major forces that are driving the economy of Bangladesh forward for the last couple of decades are export earnings and inward flow of remittance. However, remittance inflow has not shown much promising sign for the...

Chaos reigns supreme in Islamabad

S Iftikhar Murshed from Pakistan | 2014-09-12 00:00:00

Martin Luther, the German theologian whose writings inspired the Protestant Reformation of the 16th century, also believed uncompromisingly that "God would prefer to suffer the government to exist no matter how evil, rather than allow the rabble to riot no...

Imposter freedom fighters should not go unpunished

2014-09-12 00:00:00

It is time the government spelled out in no uncertain terms the price the fraudsters who are quite high-ups in the bureaucracy and also their cohorts must pay for having criminally gained by 'associating' themselves with the war of liberation....

Setting goals for country\\\'s progress

Nilratan Halder | 2014-09-12 00:00:00

Bangladesh has been pursuing two well-set targets -- one is the Millennium Development Goals (MDGs) and the other is the attainment of the middle-income status. The deadline for the first one is 2015 and for the second one is 2021....

Myth and reality of our literacy

Shihab Sarkar | 2014-09-12 00:00:00

The International Literacy Day was observed in the country on September 08 last through programmes put up by the government as well as many social and development organisations. The UNESCO proclaimed the day to be observed on the 8th of...

Keeping Eid cattle markets clean

2014-09-12 00:00:00

Eid-ul-Azha is only a few weeks away. Every year, we see many sacrificial animal markets being set up in different parts of the capital. During that time a huge traffic gridlock takes place, and sometimes the commuters have to wait...

Citizens\\\' unity to fight crime

2014-09-12 00:00:00

Every other day we read about the news of mugging incidents. The frequency of muggings is rising sharply in the city. The common people do not feel it safe to draw money from banks. The criminals, most of the time,...

Political leaders\\\' mutual respect

2014-09-12 00:00:00

It was nice to hear Finance Minister AMA Muhith praising his predecessor Saifur Rahman for introducing the VAT system in Bangladesh. Saifur Rahman belonged to the opposition camp led by the BNP. He placed the national budget in parliament 12...