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BB to continue to work for uplift of SME sector

2014-09-08 00:00:00

Bangladesh Bank (BB) will give loan to promising small entrepreneurs in different parts of the country as a part of its plan to flourish small and medium enterprises, reports BSS. BB recently held a meeting with SME officials of 32...

News Briefs

2014-09-08 00:00:00

Dutch trade delegation due today A high-level trade delegation from the Netherlands representing ICT, food security, logistics, technology, waste management, water management and shipping sectors is scheduled to arrive the city today (Monday) to explore potential areas for collaboration. The...

Photo: Trust Bank Limited

2014-09-08 00:00:00

Photo: Planning Minister A H M Mustofa Kamal and Economic Affairs Adviser to the Prime Minister Dr Mashiur Rahman

2014-09-08 00:00:00

Time now to start work for inviting investment in BD

Munima Sultana | 2014-09-08 00:00:00

Japanese Ambassador Shiro Sadoshima has said time has come to start work for inviting Japanese investment in Bangladesh as much groundwork has already been done. He said Japan is serious about making difference this time particularly to improve the investment...

Sonali Bank officials urged to expedite loans recovery drive

Our Correspondent | 2014-09-08 00:00:00

RAJSHAHI, Sept 7: Officials and staff of Sonali Bank under Rajshahi region have been urged to be more active in realising classified loans. General Manager (GM) of Sonali Bank, Rajshahi division, TM Afzal Hossain made the appeal while addressing a...

ILO hands over motorcycles

2014-09-08 00:00:00

Ninety-five motorcycles, which will help raise the capacity of government officials to carry out inspections in garment factories, were handed over in the capital on Sunday, reports UNB. State Minister for Labour and Employment Mujibul Haque Chunnu received the motorcycles...

UNDP, DFID laud UPPR activities in Rangpur

2014-09-08 00:00:00

RANGPUR, Sept 7 (BSS): A high profile delegation of the United Nations Development Programme (UNDP) and Department for International Development (DFID) today appreciated the ongoing activities of the Urban Partnerships for Poverty Reduction (UPPR) project in Rangpur city. They expressed...

exchange rate

2014-09-08 00:00:00

Photo: Minister for Civil Aviation and Tourism

2014-09-08 00:00:00

Photo: Islami Insurance Bangladesh Limited

2014-09-08 00:00:00

Photo: Union Bank

2014-09-08 00:00:00

Japan\\\'s bid for economy driven by women faces big hurdles

2014-09-08 00:00:00

TOKYO, Sept 7 (AFP):  Japanese Prime Minister Shinzo Abe's appointment of a record number of women to his cabinet highlights efforts to power the economy by boosting the female workforce -- but he faces myriad challenges turning that vision into...

Searching for growth in Europe, clarity in China

2014-09-08 00:00:00

BRUSSELS, Sept 7 (Reuters) :  The euro zone's struggle to avoid another recession will take center stage in the coming week in the absence of major US data, as investors mull whether the ECB's new asset-buying plan is a prelude...

Unit 5 of RAPS becomes world\\\'s 2nd longest running reactor

2014-09-08 00:00:00

RAWATBHATA, Rajasthan,  Sept 7 (PTI):  India's nuclear power programme yesterday reached a new milestone after Unit 5 of the Rajasthan Atomic Power Staion become the second longest running reactor in the world by being in operation for 765 days continuously....

Smartphone makers dial up growth in India

2014-09-08 00:00:00

NEW DELHI, Sept 7 (AFP) : Smartphone-makers are in a race to the bottom of India's economic pyramid as they battle for customers in the fast-growing low-end market segment where analysts say opportunities are vast. India is now the quickest-expanding...

Cyprus parliament adopts crucial foreclosure bill

2014-09-08 00:00:00

NICOSIA, Sept 7 (AFP) : The Cypriot parliament adopted Saturday a controversial bill to streamline bank foreclosures of bad debts, clearing the way for international lenders to release the next tranche of a 10 billion euro loan. The emergency vote...

News in Brief

2014-09-08 00:00:00

Egypt's Sisi appeals for patience over power cuts CAIRO, Sept 7: President Abdel Fattah al-Sisi urged Egyptians Saturday to be patient in the face of power cuts, two days after a major disruption in Cairo, saying massive investment is needed...

Investors make profit on large-cap stocks

FE Report | 2014-09-08 00:00:00

The market witnessed marginal correction Sunday after four-day gaining streak amid choppy trading as investors booked some profit on large-cap stocks. The market started with an upbeat note, but could not sustain amid profit taking sale. DSEX, the prime index...

SEBL half-yearly regional confce held

FE Desk Report | 2014-09-08 00:00:00

Southeast Bank Limited's Half-Yearly Managers' Conference- 2014 of Dhaka Region Branches was held Sunday at a local hotel of Dhaka. Shahid Hossain, Managing Director of the Bank presided over the conference. Additional Managing Director, Mohammed Gofran, all the Deputy Managing...

DSE to launch new trading platform by December

FE Report | 2014-09-08 00:00:00

The Dhaka Stock Exchange (DSE) will launch new trading platform by December this year to get rid of repeated technical glitches, occurred particularly on occasions of some debut tradings with huge trade volume. This was revealed at an inaugural session...

Shurwid Industries’ debut today

FE Report | 2014-09-08 00:00:00

Shurwid Industries Limited (SIL) will make debut trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today (Monday) under 'N' category, officials said. Shurwid Industries is the 26th listed firm under the 'engineering' sector in the Dhaka...

MTB Unit Fund NAV disclosed

2014-09-08 00:00:00

The total NAV of MTB Unit Fund stood at Tk  324,891,450.86 on the basis of cost price and Tk  306,735,955.44 on the basis of market price at the close of business operation on 04 September 2014. The face value per...

News Briefs

2014-09-08 00:00:00

Completion of shares sale/ transfer National Life Insurance Company Limited Dr. Humayun Kabir, one of the Sponsors of the Company, has further reported that he has completed his transfer of 50,300 shares of the Company to his wife Sirat Monira,...

Photo: Social Islami Bank Limited (SIBL)

2014-09-08 00:00:00

BB, BKB sign MoU on homeless people\\\'s rehabilitation

FE Report | 2014-09-08 00:00:00

The Housing Fund, a government fund, and the Bangladesh Krishi Bank (BKB) Sunday signed a loan agreement worth Tk 20 million aiming to expedite the homeless people's rehabilitation activities under "Ghare Fera Karmashuchi (go back home project)." "The activities of...

Revision of Investment Corporation Bill, 2014 discussed

2014-09-08 00:00:00

The Parliamentary Standing Committee on Ministry of Finance Sunday elaborately discussed about the progress of revising the "Investment Corporation of Bangladesh Bill-2014", reports BSS. Committee member M A Mannan, Nazmul Hasan, Tipu Munsi, Farhad Hossain, Mustafizur Rahman Chowdhury, M Shawkat...

Yield on T-bills falls on bidders\\\' rush

FE Report | 2014-09-08 00:00:00

The interest rate on treasury bills (T-bills) fell significantly on Sunday, as commercial banks rushed to offer bids in auctions, officials said. The yield, generally known as interest rate, on 91-day T-bills came down to the range of 6.44-6.55 per...

Parsvnath plans to raise up to Rs 10b via debentures

2014-09-08 00:00:00

NEW DELHI, Sept 7 (PTI): Realty firm Parsvnath Developers plans to raise up to Rs 10 billion through private placement of non-convertible debentures and is also looking at selling non-core assets to reduce debt. The company has called an Annual...

8 Sensex cos add Rs 523b in market valuation

2014-09-08 00:00:00

NEW DELHI, Sept 7 (PTI):  Eight of the top 10 most valued Indian firms together added Rs 523 billion in market valuation last week, with TCS, CIL and RIL emerging as the biggest gainers. Barring ITC and ICICI Bank, rest...