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Green banking activities see significant progress

FE Report | 2014-09-04 00:00:00

The green banking activities of banks and FIs in June, 2014 quarter witnessed significant progress. "The increasing trend of investment and expenditure in various green banking activities of banks and FIs shows optimistic potential of expansion of green banking activities...

NDB Capital wins international award

2014-09-04 00:00:00

NDB Capital Limited has been awarded the Best Investment Bank in Bangladesh for 2014 by the prestigious Euromoney Awards for Excellence. This is the first time that Euromoney has recognised and accredited an investment bank from Bangladesh, according to a...

News Briefs

2014-09-04 00:00:00

PM receives Tk 50 million from DBBL Dutch Bangla Bank Foundation on Wednesday donated Tk 50 million to the Prime Minister's Relief Fund. Foundation chairman M Sahabuddin Ahmed handed over a cheque for the money to Prime Minister Sheikh Hasina...

Photo: Bangladesh Bank

2014-09-04 00:00:00

Photo: Al-Arafah Islami Bank

2014-09-04 00:00:00

DSE index sees new 4-month high

FE Report | 2014-09-04 00:00:00

Stocks ended higher for the third running sessions Wednesday with turnover remained unchanged as investors put focus on micro and large cap stocks. After crossing 4,600-point mark in the previous session, the prime index of the Dhaka Stock Exchange (DSE)...

ADB delegation exchanges views with CSE officials

FE Report | 2014-09-04 00:00:00

A delegation of ADB's (Asian Development Bank) consultative firm Wednesday exchanged views regarding the development of capital market with the top officials of Chittagong Stock Exchange (CSE), officials said. The officials said the representatives of Aries Group, which provides financial...

Sensex hits fresh all-time high

2014-09-04 00:00:00

MUMBAI, Sept 3 (Reuters): The BSE Sensex and Nifty extended a record-setting winning streak on Wednesday as software exporters such as Infosys Ltd rallied on strong US economic data, while continued foreign buying and falling oil prices also helped the...

IFIC Bank course on Prevention of Money Laundering

2014-09-04 00:00:00

IFIC Bank Limited recently organised a course on 'Prevention of Money Laundering and Combating Financing of Terrorism' at its Training Institute at Motijheel. Mr. S.M. Abdul Hamid, Deputy Managing Director & Chief Anti-Money Laundering Compliance Officer inaugurated the training course.

PRAN Frooto arranges vehicle support

2014-09-04 00:00:00

PRAN Frooto arranged a bus and a micro bus to provide transport facilities for the pilgrims. The facilities will continue till last hajj flight, said a statement.

Photo: Dhaka Bank Limited

2014-09-04 00:00:00

Photo: Social Islami Bank Limited

2014-09-04 00:00:00

Photo: Agrani Insurance Company Limited

2014-09-04 00:00:00

Diversifying investments in Bangladesh context

M Jalal Hussain | 2014-09-04 00:00:00

The scientifically and technologically developed world is expanding very fast, being aided by the globalised nature of industries, trade and commerce. In the present hyper-competitive world, no country can thrive without sustainable investment growth. Investment in multi-dimensional areas is the...

Bangladesh: A new growth play for global investors

Ershad Hossain | 2014-09-04 00:00:00

While Asia has become the world's growth hotspot, Bangladesh is part of this dynamic phenomenon. The country like its unique six seasonal offers is also appealing global business minds and entrepreneurs to tap into the oodles of opportunities this growing...

Flood victims in need of relief

2014-09-04 00:00:00

This year's floods have not engulfed the country in one mighty sweep but they have been of a staggered nature largely due to heavy rains with some gaps in between. Of course the country's north had to endure the onrush...

Gearing up organic farming

Wasi Ahmed | 2014-09-04 00:00:00

Organic farming that is otherwise believed to be a thing of the past, is now about to experience a resurgence across the globe. This is largely due to the adverse effects that inorganic methods of cultivation, dependent solely on harmful...

Repatriation of sale proceeds

Md Mominul Hoque | 2014-09-04 00:00:00

The decision of the Bangladesh Bank (BB) regarding repatriation of sale proceeds of non-resident owned equity in unlisted companies deserves appreciation. By adopting globally-recognised price determination methods, it will end the long-standing debate of imposing undue ceiling of repatriating sale...

For resumption of UAE visas

2014-09-04 00:00:00

Many Bangladeshi businessmen are suffering from an acute labour crisis in the United Arab Emirates (UAE) as they cannot recruit workers from Bangladesh. Due to this, they have to recruit foreign nationals like those from India, Nepal and Pakistan, but...

Tampering with Grameen Bank

2014-09-04 00:00:00

The government is fiddling with our prize possession, the Nobel Prize-winning institution Grameen Bank. It is sad and disturbing. We have seen the poor conditions of the state-owned banks, and one wonders if the Grameen Bank will eventually follow the...

Cases filed against opposition leaders

2014-09-04 00:00:00

The ruling party is using the strategy of filing numerous legal cases against the leaders of the main opposition party, BNP. It is not a good sign for our politics, because in the future the same tactic may be used...

Trade unionism and Export Processing Zones

Maswood Alam Khan from Maryland, USA | 2014-09-04 00:00:00

A few days back, as has been reported in the news media, a Japanese investor in Chittagong Export Processing Zone (CEPZ), preferring to remain anonymous, said: "We are worried about protecting our investment as Bangladesh government has agreed to amend...

How to deal with problem loans

Forrest Cookson | 2014-09-04 00:00:00

On August 28 the Internet carried a letter written by Salman F Rahman, vice-chairman of the Beximco Group, to the governor, Bangladesh Bank (BB) asking the latter's assistance in rescheduling and adjusting loans of the group from a number of...

Dr Kamal leads move to forge an alternative political force

2014-09-04 00:00:00

Leaders of different political parties in the city agreed on Wednesday to work together for forming an alternative political force to restore democracy and healthy politics, aiming to run the country in light of the Liberation War spirit, reports UNB....

India has no info: Minister

2014-09-04 00:00:00

State Minister for Home Affairs Asaduzzaman Khan Kamal said on Wednesday  India has no information about any fugitive convict of Bangabandhu Sheikh Mujibur Rahman killing hiding in the neighbouring country, report agencies. "The Indian Home Secretary informed that they've no...

BNP men blamed for abductions, killings

2014-09-04 00:00:00

Awami League (AL) publicity and publication secretary Dr Hasan Mahmud alleged on Wednesday  BNP leaders and activists are responsible for the abductions and killings of their fellowmen across the country, reports UNB.  "There's an internal conflict in BNP that has...

Azharul Trial: Charge framing defective, claims defence

2014-09-04 00:00:00

A defence counsel for Jamaat-e-Islami leader ATM Azharul Islam, also a 1971 'Al Badr' commander, termed on Wednesday 'procedural error' the tribunal's action that had taken cognisance of the offence against his client as no such thing exists in the...

Corruption charges difficult to prove: Muhith

2014-09-04 00:00:00

Finance Minister AMA Muhith Wednesday told Parliament that only one high-level government official was punished on graft charges since 1947 in the country, reports UNB.   "It's very difficult to prove corruption charges in the country. None of you (MPs) will...

Charge framing hearing against SQ Chy Nov 10

2014-09-04 00:00:00

CHITTAGONG, Sept 3 (UNB/BSS): A court here fixed on Wednesday November 10 for next hearing of charge framing arguments against BNP leader Salauddin Quader Chowdhury in two vehicle torching cases. On August 3, acting Sessions Judge M Jaglul Hossain deferred...

Ahle Sunnat threatens to besiege Saudi embassy

2014-09-04 00:00:00

CHITTAGONG, Sept 3 (UNB/bdnews24.com): Demanding clarification within 48 hours from the Saudi embassy in Dhaka on a reported proposal to destroy the tomb (rawja) of Prophet Mohammad (pbuh) and bury his remains in an unmarked grave, Ahle Sunnat Wal Jamaat...