FE Desk Report | 2014-08-29 00:00:00
Institute of Cost and Management Accountants of Bangladesh (ICMAB) has sought support and cooperation of the Chartered Institute of Management Accountants (CIMA), UK to improve its examination system. ICMAB President Mohamed Salim, FCMA made the appeal while a delegation of...
LONDON, Aug 28 (Reuters): Revenue at the world's 10 largest investment banks fell 5 per cent in the first half of the year, as continued weakness in fixed income trading departments outweighed a strong rebound in advisory services on deals,...
Fake tea leaves factory sealed off A mobile court collected Tk 0.1 million in fines for the sale of unapproved tea leaves in the city Thursday. The mobile court, led by Executive Magistrate Shamim Banu Shanti and BSTI Field Officer...
Prime Minister (PM) Sheikh Hasina has laid emphasis on creating a strong domestic market for local products and enhancing the purchasing capacity of people alongside boosting the country's exports through exploration of newer markets abroad. "We'll have to create a...
FE Report | 2014-08-29 00:00:00
The draft on updated Bangladesh National Building Code (BNBC) has incorporated some new provisions including formation of a central controlling authority for strict enforcement of its rules and regulations. The proposed five-member Bangladesh Building Regulatory Authority will deal with issues...
NEW DELHI, Aug 28 (AFP): The Asian Development Bank (ADB) on Wednesday urged India's new government to cut stifling red-tape to draw foreign investment and get the country back on a high-growth track. India is the largest borrower from the...
SEOUL, Aug 28 (Xinhua): South Korea posted current account surplus for 29 months in a row, heading for the record surplus this year, due to robust export growth, central bank data showed Thursday. Current account surplus was US$7.91 billion in...
COLOMBO, Aug 28 (Xinhua): A controversial bill on setting up special economic zones (SEZ) in the Maldives has been approved by parliament along with six amendments, local media reported on Thursday. The bill had been approved with a majority of...
MOSCOW, Aug 28 (AFP): The Russian government announced Thursday a cash-for-clunkers programme, offering consumers an incentive of some $1,100 to jump start stalled car sales. "This could seriously stimulate sales," Prime Minister Dmitry Medvedev said at a government meeting, according...
MANILA, Aug 28 (AFP): The Philippine economy rebounded to post 6.4-per cent growth in the second quarter and regain its status as one of the strongest in Asia, authorities said Thursday. The private sector took the lead as the economy...
MOSCOW, Aug 28 (AFP): Leading Russian airline Aeroflot dived into loss in the first half of the year, buffeted by the problems afflicting the Russian economy, the group said on Thursday. The Russian economy is experiencing sharp slowdown, severely exacerbated...
GLASGOW, Aug 28 (AFP): British Prime Minister David Cameron heads to Scotland Thursday to make the business case for it remaining part of Britain as 200 business leaders signed an open letter backing independence. Questions over whether Scotland's economy could...
TOKYO, Aug 28 (AFP): The dollar slipped against other major currencies in Asia on Thursday as investors await revised US second-quarter growth data. In Tokyo morning trade, the greenback weakened to 103.77 yen, from 103.86 yen in New York. The...
BEIJING, Aug 28 (Reuters): Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest...
FRANKFURT, Aug 28 (AFP): Unemployment in Germany remained steady in August, official data showed on Thursday, as clouds continue to build over Europe's biggest economy and the eurozone as a whole. The unemployment rate stood at 6.7 per cent in...
SYDNEY, Aug 28 (Reuters): Australian business investment was surprisingly strong last quarter, while an upgrade to spending plans for the year ahead leant hope the economy could weather a cooling of the once-booming mining sector. Crucially, the report from the...
MADRID, Aug 28 (AFP): Spain's economy grew by 0.6 per cent in the second quarter compared with output in the previous three months, the fastest rate since 2007, the national statistics office said on Thursday in a further sign of...
FE Report | 2014-08-29 00:00:00
After three gaining sessions, the market witnessed correction Thursday amid choppy trading with turnover rose slightly as investors bagged some profit on the manufacturing and banking stocks. Meanwhile, Far East Knitting & Dyeing Industries, which made debut Thursday, topped the...
M.A. Mannan MP, State Minister, Ministry of Finance and Planning attended an orientation programme for workshops on Credit Risks Management (CRM), Refresher Course for Deputy Managers of Branches and International Trade Payment & Finance held at Pubali Bank Auditorium recently....
Northern Jute Manufacturing Co. Ltd. gets new MD The Company has informed that Mr. Ananga Mohan Roy has been appointed as the Managing Director of the Company. Exim Bank EGM venue shifted The Company has further informed that due to...
First Janata Bank Mutual Fund With reference to their earlier letter dated August 14, 2014 (news disseminated by DSE on 18.08.2014), the Asset Manager of the fund has further informed that the declared dividend to be issued at a valuation...
Prime First Unit Fund NAV disclosed Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial...
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