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Apple feeds frenzy with selective silence

2014-09-09 00:00:00

SAN FRANCISCO, Sept 8 (AFP) : It is a marketing strategy that few experts would recommend and even fewer companies can pull off. But the less Apple says about its eagerly anticipated event on Tuesday at a performing arts center...

Sharp considering sale of US solar energy unit

2014-09-09 00:00:00

TOKYO, Sept 8 (Reuters) :  Sharp Corp  is looking to sell its US-based solar energy development unit Recurrent Energy, Bloomberg reported on Monday, as the Japanese firm winds down its involvement in the solar industry to focus on profitable businesses....

Dollar, euro in tight range as pound drops

2014-09-09 00:00:00

TOKYO, Sept 8 (AFP): The dollar and euro moved in a narrow range Monday after the European Central Bank's surprise stimulus moves, while the British pound dropped as next week's Scottish independence vote tightens. The greenback was at 105.05 yen,...

DSE sees sluggish turnover

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

Stocks ended lower for the second consecutive session Monday with sluggish turnover as investors continued on profit booking. The market opened with an uptrend but could not sustain the momentum during the second half of the session. DSEX, the prime...

Shurwid Industries makes cheerful debut on bourses

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

Shurwid Industries Ltd (SIL) Monday made a cheerful debut at the bourses - Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) despite the overall stock market closed lower. The Shurwid Industries, a PVC products manufacturer, share skyrocketed by 382...

Prime Bank workshop held

2014-09-09 00:00:00

Prime Bank's Anti Money Laundering Department of Head office recently organised a day-long workshop on 'Prevention of Money Laundering & Terrorist Financing' in a local hotel at Sylhet. SEVP and Head of Internal Control and Compliance Division Md. Anwarul Islam...

Tank terminal of Omera Fuels opens

2014-09-09 00:00:00

Nasrul Hamid, MP, State Minister, Ministry of Power, Energy and Mineral Resources recently inaugurated a tank terminal of Omera Fuels Limited. Omera Fuels Limited (OFL), a sister concern of MJL Bangladesh Ltd, was established to set up the state-of-the-art tank...

News Briefs

2014-09-09 00:00:00

UCB holds Dhaka zone confce A managers' conference of United Commercial Bank Limited (UCB) consisting the managers of Dhaka zone was held Monday at the Learning & Development Centre auditorium of the bank. The conference was presided by the Managing...

Photo: UCB

2014-09-09 00:00:00

7 cos replaced in CSE-30

Our Correspondent | 2014-09-09 00:00:00

CHITTAGONG, Sept 8: The Chittagong Stock Exchange (CSE) has reviewed the performances of its listed companies for inclusion in the CSE-30 Index, and finalised the results of the half-yearly review of its indices as per the set criteria. The CSE...

Disclosure requirement, risk management of banks, FIs emphasised

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

A workshop titled ‘impact of BASEL-II implementation on the national economy with special reference to disclosure requirement and risk management of banks and financial institutions’ organised by Institute of Cost and Management Accountants of Bangladesh (ICMAB) was held Monday at...

Grameenphone gets new CFO

2014-09-09 00:00:00

Dilip Pal joined the Grameenphone on Monday as its chief financial officer (CFO). The Grameenphone Board appointed Dilip Pal for the job on July last, said a press release. Coming with 22 years of experience across financial service, engineering, FMCG...

Photo: IFIC Bank Limited

2014-09-09 00:00:00

Photo: Insurance Company Limited

2014-09-09 00:00:00

Healthcare system needs a better deal

2014-09-09 00:00:00

Rising healthcare costs have virtually sapped solvency of many families in the country. Common people today, according to a recent survey, spend 64 per cent of total health-related cost from their own pocket compared to that of the global average...

Facilitating Japanese investment

Wasi Ahmed | 2014-09-09 00:00:00

In the wake of stagnating investment in the country, particularly FDI (foreign direct investment), the government seems agreeable to the proposals of prospective foreign investors for allocation of exclusive zones, either in the export processing zones or proposed specialised economic...

Preventing launch disasters

S A Mansoor | 2014-09-09 00:00:00

Launch mishaps appear to be a routine affair in the country. Immediate steps are needed to stop avoidable sinking of passenger and cargo vessels. The government needs to set up a launch certification authority in line with Lloyds and American...

DBBL scholarship: Laudable venture

2014-09-09 00:00:00

It is heartening to learn that Dutch Bangla Bank Limited (DBBL) is working towards betterment of the education sector by providing scholarship to poor and meritorious students of the country. One must admit that it is a great initiative. We...

Digital exam results at DU

2014-09-09 00:00:00

'Digital' is not merely a term; it has a greater internal meaning. It denotes using digits in technology. The expression which captivates me is 'Digital Bangladesh', that implies extensive use of modern computers and technology. The goal of the declaration...

Excessive TV watching

2014-09-09 00:00:00

Many of us watch television for one to three hours at a stretch every day. Excessive TV watching is becoming more like an addiction. For this reason many of us do not have proper sleep at night. In many homes,...

Competitive Bangladesh: Slow but steady progress

Hasnat Abdul Hye | 2014-09-09 00:00:00

According to the global standard Bangladesh does not belong to the league of highly competitive countries attracting investors. But neither is it a laggard trailing behind the tail enders. Slow but steadily, it is moving forward in the competitive business...

Economic collaboration with Japan poised for a big boost

Atiur Rahman | 2014-09-09 00:00:00

The Bangladeshis are very grateful to Japan for its generous and prompt support during all natural and humanitarian disasters they faced and its equally generous official grant and concessional financing support for economic and social development of their country. The...

Bureaucratic delay should not frustrate spirit of partnership

Dhiraj Kumar Nath | 2014-09-09 00:00:00

Japanese Prime Minister Shinzo Abe made a short visit to Bangladesh on 6-7 September, 2014. Though a short one, the visit has important ramifications in advancing the bond of partnership between Bangladesh and Japan. The august visit opened the big...

What makes prudent stock investors

Md Jamal Hossain | 2014-09-09 00:00:00

What makes prudent stock market investors is an old question. On the one hand, our ordinary observation confirms the view that good knowledge about stock market mechanism such as stocks evaluation through calculation of present discounted value of a particular...

Problems of tea industry need to be urgently addressed

Md. Saifullah Khaled | 2014-09-09 00:00:00

Tea Industry developed during the nineteenth century in Assam and especially in Sylhet. Primarily, the British planters initiated the cultivation of tea on the slopes of the hillocks of Sylhet and the highlands of Assam. In 1839, Assam Tea Company...

Law Minister resorts to lies in 16th amendment bill: Fakhrul

2014-09-09 00:00:00

BNP accused Monday Law Minister Anisul Huq of resorting to falsehoods by providing distorted information in the 'The Constitution (Sixteenth Amendment) Bill, 2014' about the annulment of parliament's power to remove judges, reports UNB. "The Law Minister told parliament Sunday...

ACC interrogates AL MP Enamul

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

The Anti-Corruption Commission (ACC) interrogated Enamul Haque, a Awami League (AL) MP from Rajshahi-4 constituency, over allegations of amassing wealth illegally. The ACC authority started quizzing Enamul at 9am and it continued until 10:30am, Pranab Kumar Bhattacharia, public relations officer...

Hasan Mahmud slams Dr Kamal, AK Khandker

2014-09-09 00:00:00

Taking a swipe at prominent jurist Dr Kamal Hossain, Awami League's (AL) publicity and publication secretary Dr Hasan Mahmud said Monday that Dr Kamal has no ethical point to question the legitimacy and the authority of the current parliament, reports...

Muhit places report on defence services\\\' overspending in FY2011

2014-09-09 00:00:00

The Defense Division spent at least an additional Tk 6.23 billion (623.13) crore in the 2010-11 fiscal on top of its final allocation, according to a appropriation report of the Defense Services. Finance Minister AMA Muhith on Monday placed the...

News in Brief

2014-09-09 00:00:00

Chargesheeted accused in Aug 17 blasts case held Members of Rapid Action Battalion (RAB) arrested a leader of Jama'atul Mujahideen Bangladesh (JMB), who was a chargesheeted accused in August 17 serial bomb blasts case, from city' s Bhatara thana area...