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Far Chemical makes debut tomorrow

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

Far Chemical Industries will make its debut share trading Tuesday on the country's both bourses, officials said. The officials of the Dhaka Stock Exchange (DSE) Sunday confirmed the date of the company's debut trading. Meanwhile, the port city bourse Chittagong...

Real Madrid legend Alfredo di Stefano dies

2014-07-07 00:00:00

Former Real Madrid football star Alfredo di Stefano, 88, has died in a Madrid hospital two days after suffering a heart attack, Spanish newspapers reported Monday. Argentina-born di Stefano, who helped turn Real Madrid into a leading side in the...

Empowering people, society through CSR our ethos, says GP executive

Kamrun Nahar | 2014-07-07 00:00:00

Big corporations need to collaborate in the field of corporate social responsibility (CSR) to make greater impact for wellbeing of the people, a Grameenphone top official said. To him CSR is a long term sustainable commitment to work for the...

New EPZ law gets cabinet nod

2014-07-07 00:00:00

The cabinet has approved in principle the draft of the Export Processing Zone (EPZ) Labour Act 2014 that gives workers the right to organise themselves. A cabinet meeting chaired by Prime Minister Sheikh Hasina approved the draft on Monday. Cabinet...

New AMD of Bank Asia

2014-07-07 00:00:00

Mr. Aminul Islam has assumed the responsibility of Additional Managing Director of Bank Asia Limited. Prior to this assignment, he was the Deputy Managing Director of the Bank. He is also holding the responsibility of Chief Operations Officer (COO). Mr....

First CSRA in Bangladesh

2014-07-07 00:00:00

Mr. Md. Touhidul Alam Khan, Deputy Managing Director of Modhumoti Bank Limited has been qualified as Certified Sustainability Reporting Assurer (CSRA) from Jakarta-based National Centre for Sustainability Reporting (NCSR), a registered Organisational Stakeholder of the Global Reporting Initiative (GRI), Netherlands....

News Briefs

2014-07-07 00:00:00

New EC chair, vice-chair of SJIBL Akkasuddin Mollah and Alhaj Md. Sanaullah Shahid were elected chairman and vice chairman respectively of Executive Committee (EC) of Shahjalal Islami Bank Limited in the 198th meeting of the Board of Directors held recently.     ...

Photo: Citibank, N.A. Bangladesh

2014-07-07 00:00:00

Photo: A workshop on \\\"SME, Ethical Banking, ERM & Green Banking\\\" organised by Pubali Bank

2014-07-07 00:00:00

Financial literacy fires up female entrepreneurship

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

A short training on business and financial literacy has opened up new opportunities for young women in Gazipur, helping them to become small entrepreneurs. Today, hundreds of housewives in the area, many of them had little exposure to business, have...

IPO Diary

2014-07-07 00:00:00

Latest NAV of RACE- managed MFs

2014-07-07 00:00:00

Photo: First Security Islami Bank Ltd

2014-07-07 00:00:00

Outflow outweighs inbound tourists

Shamsul Huda | 2014-07-07 00:00:00

Every year on an average one million Bangladeshi tourists are going abroad spending a lot of money in foreign currencies, according to sources with local tour operators. Against this large number of outbound tourists, less than 50 thousand are coming...

Cement export prospect bright

Shah Alam Nur | 2014-07-07 00:00:00

Bangladesh is expected to be Asian hub of cement production soon for qualitative product diversification and use of environment-friendly technologies, industry-insiders said while seeking government support in paving the path for export of the surplus output in larger volumes. They...

No move to inject new life into BSCIC industrial plots

Badrul Ahsan | 2014-07-07 00:00:00

The government is yet to take any initiative to infuse fresh life into hundreds of industrial estates under the BSCIC, thus putting investors in dire straits, insiders said. Nearly 1,000 industrial plots of Bangladesh Small and Cottage Industries Corporation (BSCIC)...

Labour row clouds French job-creation summit

2014-07-07 00:00:00

PARIS, July 6 (AFP): French President Francois Hollande on Monday kicks off a summit with business leaders aimed at creating half a million vitally-needed jobs in return for lower taxes, but a labour row threatens to mar the event. The...

UK economy \\\'to beat France by 2020\\\'

2014-07-07 00:00:00

The UK's economy is set to overtake that of France by 2020 to become the second largest in Europe, according to forecasts by consultancy firm PwC, reports BBC. It says the UK's value is aided by the strength of the...

News Briefs

2014-07-07 00:00:00

France scrapping plan to raise tax on hotel stays PARIS, July 6: France is expected to scrap a planned hike in the tax levied on hotel stays after an outcry by the tourist industry, the Journal de Dimanche newspaper reported...

Photo: NRB Bank eBanking

2014-07-07 00:00:00

Photo: Islami Bank Bangladesh Limited

2014-07-07 00:00:00

Ctg, Mongla, Benapole ports struggle hard to cope with stockpile of undelivered cars

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

Country's main two seaports Chittagong, Mongla and landport Benapole are struggling hard to cope with a huge number of undelivered cars those stockpiled due to complexities relating to customs, officials said. The cars lying undelivered for a long time are...

BoCom selected to clear yuan in South Korea

2014-07-07 00:00:00

BEIJING, July 6 (Xinhuanet): Shanghai-based Bank of Communications scored a first when it was designated by China's central bank as a yuan clearing bank in Seoul, the lender said in an e-mailed statement Friday. The People's Bank of China signed...

Indian Modi to unveil reform agenda in maiden budget

2014-07-07 00:00:00

NEW DELHI, July 6 (AFP): India's new government, led by right-winger Narendra Modi, Thursday unveils its maiden budget -- its first big policy statement on how it intends to overhaul an economy saddled with slow growth and weak public finances....

US co to invest $1.175b in Iran

2014-07-07 00:00:00

TEHRAN, July 6 (AFP): A US company has signed a preliminary agreement to invest US$1.175 billion (864 million euros) in Iran, in a rare joint commercial project to turn rubbish and human waste into electricity. California-based World Eco Energy told...

DIFC looks to Asia for next 10 yrs of growth

2014-07-07 00:00:00

DUBAI, July 6 (Gulf News): The Dubai International Financial Centre (DIFC) has helped grow Dubai's banking and financial industry from 6.0 to 7.0 per cent of Dubai's GDP in 2005 to more than 11 per cent today, after 10 years...

Malawi seeks economic freedom, after 50 years of independence

2014-07-07 00:00:00

BLANTYRE, Malawi, July 6 (AFP): As Malawi marks 50 years of freedom from colonial rule on Sunday, many local people say the country today is living in a new form of bondage: poverty. At an event in the capital Lilongwe,...

Japan hopes Ottawa trade talks result by end-year

2014-07-07 00:00:00

OTTAWA, July 6 (Reuters): Current trade talks in Ottawa between Japan, the United States and 10 other Pacific rim countries are key to advancing the planned Trans-Pacific Partnership (TPP) to its final stage by year-end, Japan's chief negotiator said on...

exchange rate

2014-07-07 00:00:00

Photo: ROME: Visitors walking by a fashion shop

2014-07-07 00:00:00