FE Report | 2014-08-14 00:00:00
Bangladesh Bank Governor Atiur Rahman Wednesday sought SWIFT cooperation in launching RTGS (Real-time Gross Settlement) system in the country's financial sector. "We look forward to having SWIFT to play a vital role in the recent initiatives of RTGS in Bangladesh...
FE Report | 2014-08-14 00:00:00
The weighted average spread between commercial banks' lending and deposit interest rates hit significantly high in recent months as banks massively cut interest rates on their deposit products due to increasing trend in excess liquidity in the banks. According to...
Trade Finance, the leading global financial markets magazine, recognized Citi Bangladesh as the "Best Trade Bank in Bangladesh" at its annual Euromoney Trade Finance Awards for Excellence 2014. Commenting on the awards, Sanjay Tandon, Managing Director and Head of Trade...
FE Report | 2014-08-14 00:00:00
Stocks closed flat in the green Wednesday with sluggish turnover as most of the investors followed cautious stance following previous session's profit booking. The market started with a positive note, but mid-session sale pressure wiped out most of the early...
RSRM lottery today Initial Public Offering (IPO) lottery of Ratanpur Steel Re-rolling Mills (RSRM) will be held today (Thursday) to allocate shares among the investors, officials said. The lottery will be held at 10am at the Institution of Engineers, Ramna...
Munima Sultana | 2014-08-14 00:00:00
The central bank has brought 1,100 branches of authorised and non-authorised dealer banks under its newly-introduced integrated supervision system (ISS) to fix a watch on their around 75 operational lending risks, including the worst one like forgery. Officials said various...
FE Report | 2014-08-14 00:00:00
The securities regulator has suspended the activities of First Securities Services as issue manager for one year over the submission of false information seeking approval to the IPO proposal of Dragon Sweater and Spinning. The decision was taken at a...
MUMBAI, Aug 13 (Business Standard): Birla Corporation gained over 7.5 per cent to Rs 517 after the MP Birla group flagship company Birla Corporation has more than doubled its net profit for the first quarter of the current fiscal at...
Zaglul Ahmed Chowdhury | 2014-08-14 00:00:00
The Iraq crisis has taken a new turn for the worse as prime minister Nur-al-Maliki refuses to relinquish power after country's president named a new prime minister and the American planes continue to attack the positions of the Sunni fighters....
Ferdaus Ara Begum | 2014-08-14 00:00:00
Investment in both public and private sectors is one of the critical needs for an emerging economy like Bangladesh. The government has set different targets and adopted policy measures to attract investment to mitigate growing employment challenges of the country....
The impact of scarcity of land is being felt in different areas of investment, both local and foreign, in new industrial and commercial ventures. The domestic investors can manage land for their ventures but the cost of the same tends...
Abu Ahmed | 2014-08-14 00:00:00
Perhaps more harmful to society is to accept graft as a usual matter than corruption itself. Bangladesh is one of the most corrupt countries in the world, ranking top at one time. The situation has now marginally improved but the...
Shaikh Saleque | 2014-08-14 00:00:00
It seems the government has at last sat up on the issue of fake freedom fighters. There was a mushroom growth of 'freedom fighters' following the government announcement of various facilities to the freedom fighters. These facilities include two years'...
Roksana Sultana's letter on English-medium schools, which was published in the Financial Express on August 13, 2014, is very timely. However, I would like to add a few more points: (1) Despite government decision, most of the English-medium schools have...
The Tigers have left Bangladesh for their much-anticipated West Indies tour but without their ace cricketer Shakib Al-Hasan, who is banned from playing for six months. Bangladesh toured West Indies last time in 2009. The current tour will be a...
It was sad to read about one of my favourite actors Robin William's sudden death and, as reports indicated, it was apparently a case of suicide. Lately He was struggling to come out from the habit of alcohol and drugs....
Md. Rizwanul Islam | 2014-08-14 00:00:00
Claims made by investors before the International Centre for Settlement of Investment Disputes (ICSID) against host countries are increasing both in terms of numbers and types. But there are only a handful of claims made by host countries against foreign...
Md Toufique Hossain | 2014-08-14 00:00:00
Director and chief economist at the Hambros Fund Management Ian Beauchamp was quoted in the 'Treasury in Wisdom' as saying: "The first move of being defensive is to diversify. As markets become more and more global, that becomes increasingly difficult."...
Dhaka city unit BNP convener Mirza Abbas Wednesday warned that the government will be held responsible for the evolving situation if it tries to obstruct his party's peaceful action programmes, reports UNB. "Our leader (Khaleda) hasn't given us swords and...
Hardly four per cent land in rural areas of the country is owned by women, reveals a survey depicting the worst scenario about women's property rights, reports UNB. Noted economist Prof Abul Barkat conducted the exploratory study, titled 'Assessing Inheritance...
BNP senior leader Rafiqul Islam Miah said Wednesday the government 'dared' to formulate the 'anti-people' National Broadcast Policy, 2014 taking advantage of the division among journalists, reports UNB. "If the journalists remain undivided, no government can take such a move...
Awami League (AL) Advisory Council member and Commerce Minister Tofail Ahmed said Wednesday that BNP chairperson Khaleda Zia has announced soft programme for movement sensing the reality, reports BSS. "BNP leader Khaleda Zia has realised that there won't be any...
Bangladesh Jamaat-e-Islami will stage demonstrations across the country today (Thursday) protesting 'repression' on party's central leader Dr Shafiqul Islam Masud and other party and Islami Chhatra Shibir (ICS) leaders and activists in police custody, reports UNB. In a statement, party...
'Ctg AL to hold mezban at Tungipara Aug 15 CHITTAGONG, Aug 13: Chittagong Awami League (AL) has completed all preparations to hold "Chittagonian traditional Mezban" at Tungipara of Gopalgonj district on the occasion of the 39th anniversary of martyrdom of...
Taking a swipe at those who criticise the current standard of education in the country, Prime Minister (PM) Sheikh Hasina said Wednesday the standard of education will increase in the usual course and none would be able to hinder this,...
The Parliamentary Standing Committee on Ministry of Planning recommended Wednesday ensuring transparency and accountability in the use of climate change trust fund, reports BSS. The committee also recommended to bring climate change related activities under planning ministry's monitoring wing. The...
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