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Two price indices restructured

FE Report | 2014-07-17 00:00:00

The Dhaka Stock Exchange (DSE) restructured two price indices -- DSE Broad Index (DSEX) and DSE 30 Index (DS30) and added one company to the DSEX, a move that will help gauge the market more accurately. The premier bourse reconstituted...

Eastland Ins settles a claim for Tk 204.1m

2014-07-17 00:00:00

Eastland Insurance Co. Ltd. settled a claim for Tk. 204.1 million of M/s. Westmont Power (Bangladesh) Ltd., a subsidiary  power plant of United Group under Power Plant Operational Insurance Policy. Mr. Arun Kumar Saha, Managing Director of Eastland Insurance handed...

News Briefs

2014-07-17 00:00:00

Premier Leasing gets new chair, vice-chair Dr. Mizanur Rahman Shelley was elected as Chairman of Premier Leasing & Finance Limited in the128th Meeting of the Board of Directors of Premier Leasing & Finance Limited held recently. Social scientist, educationist and...

Photo: Arai Toru, Director General, South Asia Department of JICA called on Dr. Atiur Rahman

2014-07-17 00:00:00

ICAB to take actions against CAs

Mohammad Ali | 2014-07-17 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) has started actions against about a dozen Chartered Accountants (CAs) and CA firms for their professional misconducts, sources at the institute said. The ICAB Council initiated the move in line with recommendations...

Chinese growth data lifts Europe shares

2014-07-17 00:00:00

LONDON, July 16 (Reuters): Stocks rose in Europe on Wednesday after China reported economic growth figures that were slightly stronger than markets had expected, although the reaction in Asia was more muted. The world's second largest economy expanded at a...

Sensex rises more than 1pc on RBI\\\'s infra boost

2014-07-17 00:00:00

MUMBAI, July 16 (Reuters): The BSE Sensex rose over 1 percent on Wednesday, gaining for the second consecutive session, as lenders and infrastructure-related companies such as IDFC Ltd surged after the Reserve Bank of India (RBI) exempted long-term bonds raised...

LSE says Q1 revenues boosted by IPOs

2014-07-17 00:00:00

LONDON, July 16 (AFP): A boom in stock market floatations helped boost revenues for the London Stock Exchange (LSE) Group by a fifth in the first quarter of its financial year, the LSE said on Wednesday. Revenues surged by 20...

MFs fear redemptions worth Rs 2t

2014-07-17 00:00:00

NEW DELHI, July 16 (PTI): Concerned over additional tax proposals made in the Budget 2014-15, mutual funds (MFs) fear that redemptions in investments worth over Rs 2 trillion that could put a huge burden the banking sector. Mutual fund houses...

HK benchmark extends rally

2014-07-17 00:00:00

HONG KONG, July 16 (Reuters): Hong Kong's benchmark index rose for a third day on Wednesday, while the index of Chinese companies listed in the city edged down as insurers underperformed. The Hang Seng Index closed up 0.3 per cent...

IPO Diary

2014-07-17 00:00:00

Photo: Mr. Nasir A. Choudhury, Chairman of PABL

2014-07-17 00:00:00

Photo: NCC Bank Ltd.

2014-07-17 00:00:00

Who will broker peace between Israel and Palestine?

Maswood Alam Khan from Maryland, USA | 2014-07-17 00:00:00

There was a glimmer of hope in an Egyptian-proposed cease-fire. But the cease-fire collapsed on Tuesday and Israel has resumed its air strikes in the Gaza Strip. Gaza medical officials say 191 Palestinians, including at least 150 civilians, among them...

How to face flood disasters

Md Rezaul Karim | 2014-07-17 00:00:00

Judging from all available information and data on meteorological changes, it can be predicted that frequency, intensity and severity of floods will increase in Bangladesh in future. It is indeed certain that whenever any natural disaster strikes, it affects the...

Eid vacationers long for smooth journey

2014-07-17 00:00:00

The arrangement of tight security in order to facilitate smooth selling of advance bus tickets for Eid vacationers is an indication that the authorities are quite aware of the problems people face in procuring tickets just ahead of the big...

Ranking of banks

Khaled Mahmud Raihan | 2014-07-17 00:00:00

My attention has been drawn on a report regarding the ranking of banks in a daily newspaper where it ranked top ten banks among the 29 listed private commercial banks based on their published annual reports for the year 2013....

Diversifying manpower export

Shihab Sarkar | 2014-07-17 00:00:00

Reports on continued decline in inflow of remittances are disheartening. A FE report on July 09 presented a dismal picture. It said the country's remittance earnings from abroad have been falling since 2012.   Against this grim background, another report on...

BRTC buses ahead of Eid

2014-07-17 00:00:00

It is heartening to learn that the state-run BRTC would launch a special service with its 900 buses across the country ahead of Eid-ul-Fitr. Announcing this, Communica-tions Minister Obaidul Quader informed that advance tickets for the special service would be...

Stop genocide

2014-07-17 00:00:00

Many international games and sports are held for entertainment and to make friendship among different countries and nations. The World Cup football is one such international sports event. While we remained busy watching TV to enjoy World Cup football, Israel...

New currency notes

2014-07-17 00:00:00

The Bangladesh Bank has notified through media that by the end of the first week of July, newly-printed currency notes will be circulated through banks on the occasion of holy month of Ramadan and Eid-ul-Fitr. Currency notes of the same...

Record power generation

2014-07-17 00:00:00

It is good to know that recently the Power Development Board has produced and supplied 7,371 megawatt electricity to the national grid, which is the highest ever. The present government deserves appreciation for lessening load shedding. These days, people do...

Rural women\\\'s economic empowerment

Sarwar Md. Saifullah Khaled | 2014-07-17 00:00:00

Bangladesh is predominantly a rural economy with about 80 per cent of the people living in rural areas. Women constitute nearly half of the total population and half of its potential. For ages they have been the co-builders of civilisations...

Surviving in a competitive market

Fahmina Rahman | 2014-07-17 00:00:00

It is said that "there are nearly as many pieces of digital information as there are stars in the universe". The recent explosion of big and digital data is helping people translate knowledge into improved decision making and performance.  Someone...

Muktijoddha advance to 3rd slot in Premier Football

2014-07-17 00:00:00

Muktijoddha Sangsad Krira Chakra again advanced to the 3rd slot in the Nitol-Tata Bangladesh Premier Football League beating Brothers Union Club by a solitary goal at the Sheikh Fazlul Haque Moni Stadium in Gopalganj on Wednesday, reports UNB Nkwocha Kingsley...

PM urges well-off people to come forward to flourish talent of the disabled

2014-07-17 00:00:00

Prime Minister Sheikh Hasina Wednesday called upon the well-off people of the country to come forward to help the latent talent of the physically-challenged people flourish, reports BSS. "There is no dearth of rich people in the country. So I...

Sri Lanka fight back after Elgar ton

2014-07-17 00:00:00

GALLE, Sri Lanka, July 16 (AFP): Opener Dean Elgar smashed a century before Sri Lanka pegged back South Africa with four key wickets late on the opening day of the first Test in Galle on Wednesday. The visitors were cruising...

Cook slams India\\\'s \\\'tactics\\\' over Anderson charge

2014-07-17 00:00:00

LONDON, July 16 (AFP): England captain Alastair Cook said Wednesday he believed India's complaint against James Anderson was a tactic designed to have his spearhead bowler miss some part of the ongoing series. Anderson was charged by the International Cricket...

Pakistan get Champions League T20 invite

2014-07-17 00:00:00

KARACHI, July 16 (AFP): Pakistan will send its domestic Twenty20 champions Lahore Lions to play in the Champions League to be held in India in September, an official said Wednesday. The Lions, led by former Pakistan Twenty20 captain Mohammad Hafeez,...

sports digest

2014-07-17 00:00:00

Sourav set to become CAB joint secretary NEW DELHI, July 16: Former Indian Cricket captain Sourav Ganguly is set to become joint-secretary of the Cricket Association of Bengal. His formal entry into cricket administration will take place following the association's...