Mohammad Ali | 2014-08-20 00:00:00
SWIFT, a cooperative society facilitating secure financial transactions worldwide, looks forward to expanding its footprint in Bangladesh in a bigger way, facilitating development of a strong and sustainable financial industry here. "Through collaboration with the local industry, we are looking...
Prime Insurance Company Limited organised a Business Presentation programme on "How to Protect your Properties under Insurance Coverage" recently in a city hotel. Mr. Md. Ezhar Hossain, Advisor of the Company delivered the welcome speech. Mohammodi Khanam, Managing Director of...
FE Report Stocks returned to the green Tuesday after previous day's flat movement with improving turnover, as investors went on a buying spree to buy shares on heavy-weight stocks amid optimism. The market started with a positive note and the...
A recent conference focused on discussing the challenges and solutions in developing a financially sustainable skills training market. The conference was organised by the SkillFUL Project Team, and was inaugurated by Manish Pandey, Regional Director, Swisscontact, South Asia Regional Office,...
MUMBAI, Aug 19 (Reuters): The BSE Sensex and Nifty rose to their second consecutive record high on Tuesday as blue-chips such as Tata Motors Ltd gained on positive institutional inflows, while oil retailers surged after Brent crude prices hovered near...
A report, creeded by UNB titled 'ACC set to sue businessman for siphoning off Tk 3.28b' published in The Financial Express on August 17 inadvertently mentioned the name of Citi instead of City Bank Ltd in 5th paragraph. UNB regretted...
MUMBAI, Aug 19 (PTI): RAK India, the domestic arm of the UAE-based tiles maker RAK Ceramics, is planning to go public through an initial public offering (IPO) when market conditions become conducive. "The right time to raise the capital from...
FE Report | 2014-08-20 00:00:00
The Asian Development Bank (ADB) said Tuesday Bangladesh could suffer an annual Gross Domestic Product (GDP) loss of 2.0 per cent by 2050 and 9.0 per cent by 2100 simply due to the impacts of climate change. It, however, said...
Munima Sultana | 2014-08-20 00:00:00
The Bangladesh Bridge Authority (BBA) has not been following any uniform guideline in the process of bidding for different segments of work of the Padma Multipurpose Bridge (PMB) project. The BBA, sources said, is following a procedure that is more...
Shamsul Huq Zahid | 2014-08-20 00:00:00
More than two years have gone by since the detection of the massive Hall-Mark scam in the middle part of 2012. But the country's banking sector, apparently, has not been able to deal with the fallout from the scam effectively...
Siddique Islam | 2014-08-20 00:00:00
The interest rate on the Bangladesh Government Treasury Bonds (BGTBs) felt significantly Tuesday, as commercial banks rushed to offer bids in the auction, treasury officials of commercial banks said. The yield, generally known as interest rate, on 10-year BGTBs came...
Ziaur Rahman | 2014-08-20 00:00:00
Proposals for joint ventures and cent-percent foreign investment in the country fell about 13 per cent in the last fiscal year from the level a year ago, according to the registrations made with the Board of Investment (BoI). Such downturn...
Leaders of the BNP-led 20-party alliance said Tuesday there is no alternative to unseating it through a fierce and united movement, reports UNB. Addressing a rally at the city's Suhrawardy Udyan, they also demanded of the government to immediately annul...
FE Report | 2014-08-20 00:00:00
Finance Minister AMA Muhith said Bangladesh has decided to join BRICS Bank, an initiative of the world's five emerging economies - Brazil, Russia, India, China and South Africa. "Yes, it's final. We will join the initiative," he told newsmen after...
FE Report | 2014-08-20 00:00:00
Renowned businessman-cum-politician Muhammad Mosharraf Hossain was laid to eternal rest in the capital's Banani Graveyard on Tuesday afternoon. The former BNP lawmaker from Feni-3 constituency breathed his last at a hospital in the city on Monday evening at the age...
BAGERHAT, Aug 19: A court here Tuesday sentenced six forest robbers to death and seven others to life term imprisonment for killing three law enforcers in the Sundarbans' Bagerhat area in 2006. The condemned convicts-Rafiqul Sheikh, Kuddus Sheikh, Idris Sheikh,...
Biman Bangladesh Airlines will for the first time use its own aircraft only to fly Hajj pilgrims from the country this year. "The first Biman flight with Hajj pilgrims will leave Dhaka at 7am on August 27. Biman will take...
The Tuba Group authorities have declared their five units closed for an indefinite period under the article 13(1) of the labour law with effect from June 11 last. A notice signed by the Group's Managing Director Delwar Hossain was put...
FE Report | 2014-08-20 00:00:00
The government approved Tuesday a compact township project for the rural people titled 'Palli Janapad' at a cost of Tk 4.24 billion aimed at saving the arable lands and ensuring food security of the country. Presided over by Prime Minister...
FE Report | 2014-08-20 00:00:00
Unidentified muggers snatched away Tk 3.0 million from employees of a distributor company of Akij Group in the capital's Mogbazar area Tuesday, police said. Six employees of Juicy and Rizvi Corporations Ltd (JRCL) were also injured, as the miscreants opened...
Badrul Ahsan | 2014-08-20 00:00:00
The government has initiated short, medium and long-term plans to upgrade the country's railway communication sector through ensuring better services and transport facilities, officials said. Under the initiative, the government will require an investment to the tune of more than...
Prime Minister Sheikh Hasina Tuesday thanked the government of Malaysia for legalising Bangladeshis working in the Southeast Asian country and taking a decision for recruiting more workers from Bangladesh, reports UNB. The Prime Minister conveyed her thanks when visiting Malaysian...
Our Correspondent | 2014-08-20 00:00:00
CHITTAGONG, Aug 19: Canada is eager to invest in the pharmaceutical, information technology (IT) and energy sectors in Bangladesh as the North American country wants to raise the bilateral trade to two billion US dollars from the current level of...
Mass Rapid Transit Corporation (MRT Corp), Malaysia confirmed Tuesday the deaths of three Bangladeshi construction workers in a span collapse near Kota Damansara Monday night, reports UNB. The three Bangladeshi workers were trapped under a 650-tonne concrete span that collapsed...
Commerce Minister Tofail Ahmed said Tuesday that the government would not go for any dialogue with the conspirators of grenade attack on August 21 and attempt on the life of Sheikh Hasina, reports BSS. "No election in the country before...
The Chief Justice (CJ) has intervened to clear the way for trials in sensational cases in Chittagong after they got stuck due to stay orders from the High Court (HC). Justice Md Muzammel Hossain has given specific directions for these...
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