FE Report | 2014-06-20 00:00:00
The securities regulator has warned the managing director of the Dhaka Stock Exchange (DSE) 'for not adopting a more cautious' approach in giving opinion regarding the transfer of the units of mutual funds, officials said. The Bangladesh Securities and Exchange...
FE Report | 2014-06-20 00:00:00
The Institute of Chartered Accountants of Bangladesh (ICAB) Thursday urged the chief financial officers (CFOs) of all respective companies to maintain proper standards in preparing their annual reports. "As the efforts will help you garner the "Best Presented Annual Reports"...
FE Report The market slipped in the red Thursday with turnover remained sluggish as profit hunting and cautious trading approach by investors extended further. The market opened higher like previous few sessions, but could not sustain. At the end of...
Shamsul Huda Khan has recently been promoted to the rank of Additional Managing Director in National Bank Limited. Prior to this promotion Mr. Huda was discharging duties as Deputy Managing Director and was looking after International Division, General Banking Division,...
New Vice Chairmen of Prime Bank The Board of Directors of Prime Bank Limited in its 417th meeting held recently unanimously elected Khandker Mohammad Khaled and M. A. Khaleque as the new Vice Chairmen of the Bank for two years...
MUMBAI, June 19 (Business Standard): Capital market regulator Securities and Exchange Board of India (Sebi) today made a slew of announcements--- mainly in the primary market space--- to infuse life into the moribund initial public offering (IPO) market. To encourage...
TOKYO, June 19 (Reuters): The price of 30-year Japanese government bonds (JGB)s) fell on Thursday after the Bank of Japan (BoJ) said it may trim the amount it purchased of those maturities, while shorter-dated debt held firm. The yield on...
LONDON, June 19 (AFP): European stock markets climbed on Thursday after the Federal Reserve indicated that ultra-low US interest rates would remain in place for a considerable time. London's FTSE 100 index of top companies rose 0.80 per cent to...
FE Report | 2014-06-20 00:00:00
Civil Aviation and Tourism minister Rashed Khan Menon saw low budgetary allocation for the tourism sector as no major reason for hampering the development of the country's tourism sector. "This year the budgetary allocation in tourism sector has come down...
LONDON, June 19 (AFP): British aircraft engine maker Rolls-Royce on Thursday outlined plans to return £1.0 billion ($1.7 billion, 1.25 billion euros) to investors via a share buyback after the sale of its energy production arm to Germany's Siemens. "Rolls-Royce...
HONG KONG, June 19 (Reuters): Hong Kong shares fell for the fourth consecutive day on Thursday, tracking steep losses in the China A-share markets where a resumption of initial public offerings is diverting funds away from already-listed stocks. The Hang...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on June 18, 2014, said a...
ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of four open-end mutual funds (MFs) at the close of business operation on June 18, 2014, said...
FE Report | 2014-06-20 00:00:00
Speakers at a roundtable expressed their deep concern over the poor governance that prevails in the country's city corporations, saying that the nexus between politicians and criminals took control of the activities of the local government bodies. They stressed the...
Joint general secretary of the ruling Awami League (AL) Mahbub-ul-Alam Hanif said Thursday BNP lacks organisational strength to launch a movement to unseat the government, reports BSS. "There is no need to pay heed to BNP chairperson Khaleda Zia's threat...
The third meeting of the parliamentary standing committee on Ministry of Chittagong Hill Tracts (CHT) met Thursday at the Jatiya Sangsad (JS) Bhavan to review implementation and progress of decisions taken at its previous meetings, reports BSS. Chairman of the...
RU Correspondent | 2014-06-20 00:00:00
RAJSHAHI UNIVERSITY, June 19: Leaders and activists of Islami Chhatra Shibir (ICS) gave Wednesday an ultimatum to the Rajshahi University (RU) authority demanding arrest of the culprits who chopped leg of their leader Rasel Alam on the campus Monday. The...
BNP Thursday voiced concern over what it said the government's inaction in ensuring the security of Bangladeshis living in troubled Iraq, reports UNB. In a statement, BNP acting secretary general Mirza Fakhrul Islam Alamgir said: "We express deep concern over...
Railway Minister M Mazibul Haque told Thursday the House that the government has a plan to bring Barisal under railway connection, reports BSS. The government would take initiatives for construction of the Bhanga-Barisal railway line on completion of the Dhaka-Mawa-Bhanga...
Communications Minister Obaidul Quader told the House that eight more portable weighing machines are being installed at different points of highways to control overloading in trucks and lorries. "Besides, we have already installed eight excel load control stations at various...
Two new prosecution witnesses (PWs) in the trial of Syed Md Qaiser, charged with committing crimes against humanity during the Liberation War, submitted their depositions at the International Crimes Tribunal (ICT)-2 in the city Thursday, reports BSS. Amena Khatun, documentation...
FE Report | 2014-06-20 00:00:00
Dhaka Water Supply and Sewerage Authority (DWASA) has set up 26 new deep tubwells and replaced 39 in the city in 2013-14 fiscal year whereas it has a plan to switch to its 70 per cent dependency on surface water...
Prime Minister (PM) Sheikh Hasina reiterated Thursday that the dodgy doctors would lose their jobs even if they do not stay at their places of posting for a certain period as per their service conditions, reports UNB. "Condition is there,...
India's Assam state government opposed a proposal from the Indian central government to grant visa-free entry of Bangladeshi nationals below 18 years and above 65 years of age, reported Indian media Thursday, reports UNB. Assam Chief Minister Tarun Gogoi said...
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