Babul Barman | 2014-07-03 00:00:00
The foreign investment in the Dhaka Stock Exchange (DSE) marked a significant jump in June compared to May 2014 as overseas investors injected fresh funds into fundamentally strong stocks. Easing of political tension and favourable macro economic indicators attracted foreign...
FE Report | 2014-07-03 00:00:00
The market edged marginally lower Wednesday, the first trading day of the new fiscal year, as investors continued to book short-term profit on selective stocks. The market started with a positive note, but late hour sale pressure wiped off early...
Citibank, N.A., Bangladesh recently in a session introduced the concept of RTGS (Real Time Gross Settlement) - the fastest mode of electronic payment for corporate to the clients. At this session, Citi also launched new mobile and tablet functionalities for...
SIBL vice-chairmen re-elected The Board of Directors of Social Islami Bank Limited (SIBL) in its 314th meeting has unanimously extended the tenure of Mr. Md. Sayedur Rahman and Mr. Mohammad Azam as Vice Chairmen of the Bank. Mr. Md. Sayedur...
MUMBAI, July 2 (Reuters): The BSE Sensex and Nifty surged more than 1 per cent to hit record highs on Wednesday after Finance Minister Arun Jaitley's warning against "mindless populism" raised hopes the government would unveil a fiscally prudent budget...
Ismail Hossain | 2014-07-03 00:00:00
The Microcredit Regulatory Authority (MRA) is planning to assess the contribution of microcredit to the gross domestic product (GDP), as the regulator thinks that there is no authentic and in-depth research about the microfinance input to the economy. The 37th...
Bangladesh Bank (BB) Wednesday warned all non-banking financial institutions (NBFIs) against manipulating revolving loan accounts to ensuring transparency and accountability in the financial sector, reports BSS. The central bank in a directive said many NBFIs had been renewing the revolving...
MUMBAI, July 2 (Business Standard): Foreign institutional investors (FIIs) continue to bet big on the India story, with their net investment in Indian equities already surpassing the $10 billion mark in 2014. According to the Securities and Exchange Board of...
HONG KONG, July 2 (Reuters): Hong Kong's benchmark index climbed to its highest close in almost seven months on Wednesday, buoyed by upbeat China and U.S. data and an outperforming property sector. The Hang Seng Index rose 1.6 per cent...
TOKYO, July 2 (AFP): Tokyo stocks closed 0.29 per cent higher on Wednesday, as the yen weakened and after Wall Street put in a strong performance with the Dow and S&P 500 powering to new record finishes. The benchmark Nikkei...
Six organisations of Bangalee settlers have announced to enforce a road-waterway blockade in Rangamati district for Friday and Saturday protesting the three-day tour of International Commission on Chittagong Hill Tracts Affairs to the hill region. The announcement came at a...
The Jatiya Sangsad (JS) passed Wednesday the "Chittagong Hill Tracts Development Board Bill 2014' aimed at continuing the ongoing socio-economic development activities in the region, reports BSS. State Minister for Chittagong Hill Tracts Affairs Bir Bahadur Ushwe Sing moved the...
Japan's leading IT companies are showing interest to recruit the Bangladeshi graduates who have passed internationally recognised Information Technology Engineers Examination (ITEE). Chief executive officers of two leading IT companies -- Island Thrust and Pretty Edge of Japan -- met...
FE Report | 2014-07-03 00:00:00
The Editors' Council has strongly condemned the indecent language used by ruling Awami League lawmaker Shamim Osman against journalists. Urging Shamim to immediately withdraw his indecent comments, the council in a statement Monday said no intimidation could create obstacles for...
The government is planning to bring whole Bangladesh within the countrywide power distribution network to reach electricity to every household since the country has already achieved the capability of generating more than 11,265 megawatt power, reports BSS. Prime Minister (PM)...
KHAGRACHHARI, Jul 2 (UNB): The local administration Wednesday imposed Section 144 in an area stretching from Dighinala Upazila Parishad to Babuchhara Bazar for 18 hours Thursday as two rival groups called separate programmes at the same venue and same time....
Engineer Khondokar Mohammad Faruque, former president of Chhatra Union, who was elected thrice as president of Engineering University Central Students' Union (EUCSU), was buried at his family graveyard at village Aisara in Tangail district with state honour Wednesday afternoon, reports...
The investigation officer (IO) in the trial of Syed Md Qaiser, charged with committing crimes against humanity during the War of Liberation, started Wednesday submitting her deposition at the International Crimes Tribunal (ICT)-2, reports BSS. ASP Monowara Begum started submitting...
FE Report | 2014-07-03 00:00:00
There will be no interval during secondary school certificate (SSC) and higher secondary certificate (HSC) examinations excepting the government holidays from next year. "It is too difficult to take the public examinations over a month across the country", Education Minister...
FE Report | 2014-07-03 00:00:00
Private realtors demanded of the government to introduce one-stop-service cell for facilitating approval of building design under Rajdhani Unnayan Kartripakkha (RAJUK) within 45 to 90 days, as they alleged inordinate delays in getting it gone. They made the plea Wednesday...
FE Report | 2014-07-03 00:00:00
In the face of the government's refutation of the report that indicated education commerce at private universities, the Transparency International Bangladesh (TIB) stood by its findings as it said their qualitative research followed scientific processes. In a clarification issued Wednesday,...
Bangladeshi farmers are unlikely to be able to gain any tangible success in exploring scope to cultivate lands in Africa due to some unfavorable provisions in the related Bangladesh Bank law, says Foreign Minister AH Mahmood Ali, reports UNB. Despite...
President Md Abdul Hamid has praised the activities of Bangladesh Scout and underscored the need for strengthening and expanding the scout movement in the country, reports BSS. The president made the remarks when a delegation of Bangladesh Scouts led by...
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