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M-cap of top 8 Sensex cos advances over Rs 1.46t

2014-06-09 00:00:00

NEW DELHI, June 8 (PTI): Top eight Sensex companies, led by energy major ONGC, added a whopping Rs 1467.41 billion to their market valuation last week. Amid a strong stock market where the benchmark Sensex gained 4.87 per cent or...

IPO Diary

2014-06-09 00:00:00

Photo: Union Bank Ltd

2014-06-09 00:00:00

Photo: Social Islami Bank Limited (SIBL)

2014-06-09 00:00:00

Photo: Bangladesh Commerce Bank

2014-06-09 00:00:00

Agriculture\\\'s share in GDP on the wane

Yasir Wardad | 2014-06-09 00:00:00

The agriculture sector's contribution to the country's GDP (gross domestic product) has declined over the last five years, according to the Economic Review-2014 of the Ministry of Finance (MoF). The share of the broad agriculture sector, including crops, vegetables, forests,...

TCB to supply enough items to keep Ramadan market stable

Syful Islam | 2014-06-09 00:00:00

The Trading Corporation of Bangladesh (TCB) is set to intervene in the kitchen market with adequate stock of essential commodities aiming to keep their prices within the commoners' reach during the month of holy Ramadan, officials said. "Our stock of...

100 cooperative audit officers to face action for negligence of duty

Badrul Ahsan | 2014-06-09 00:00:00

More than one hundred audit officers under the Department of Cooperatives (DoC) might face stern punitive measures for their alleged negligence in auditing multipurpose co-operative societies which resulted in massive financial loss to hundreds of thousands of people across the...

Japanese TV makers bet on super-HD as World Cup looms

2014-06-09 00:00:00

 TOKYO, June 8 (AFP) : With a hopeful eye on the approaching World Cup, Japan's embattled TV makers are hoping the key to their rescue can be found on the second floor of Bic Camera's downtown Tokyo outlet. Sales of...

News Briefs

2014-06-09 00:00:00

Alamgir, Rahman new president,  secy of Bangladesh- Greece Chamber Managing Director of ACI Salt Ltd Syed Alamgir and Director of Zaheen Spinning Ltd Mahmudur Rahman have been elected president and general secretary of the Bangladesh-Greece Chamber of Commerce and Industry...

Photo: Discussants seen at a discussion titled \\\'Budget for 2014-15:

2014-06-09 00:00:00

Photo: GSP Finance Company (Bangladesh) Limited and LEADS Corporation Limited

2014-06-09 00:00:00

Photo: Akij Cement Company Ltd

2014-06-09 00:00:00

N\\\'ganj RMG factory amicably settles due benefits of \\\'terminated\\\' workers

Mohammad Ali | 2014-06-09 00:00:00

An apparel factory in Narayanganj has amicably settled due benefits of its 'terminated' workers in the face of their legal initiative against alleged deprivation from the management, sources at the Labour Court said. The workers, mostly unaware about their rights,...

\\\'Exclusive industrial zone for small shoe industries in 6 months\\\'

Our Correspondent | 2014-06-09 00:00:00

CHITTAGONG, June 8: MA Latif, MP has said that the local shoe manufacturing companies should be turned into an industry. With the aim we have to extend the periphery of the shoe industry and develop a well-trained work force he...

BJMC exporting Tk670m hessian cloth to China

Talha Bin Habib | 2014-06-09 00:00:00

The Bangladesh Jute Mills Corporation (BJMC) has started exporting 15,000 bales of hessian cloth worth Tk 670 million to China, officials said. The first-ever shipment of hessian cloth to China was made in December 2013. And so far, 8,700 bales...

Aam, Silk Prodorshoni, Loko Utshob concluded in Rajshahi

2014-06-09 00:00:00

The yearly 'Aam, Silk Prodorshoni O Loko Utshob 2014', a three-day-long festival organised by the Aamra Rajshahibashi concluded at Rajshahi City Corporation Green Plaza recently, says a press release. The festival included showcasing of mango and Rajshahi silk and traditional...

Corrigendum

2014-06-09 00:00:00

Centre for Zakat Management (CZM) acknowledged Sunday a mistake it made in its press statement relating to the designation of Salahuddin Kasem Khan, which was cited as President of World Islamic Economic Forum (WIEF), in the news item published in...

exchange rate

2014-06-09 00:00:00

DMP drive against formalin-mixed fruits, food items from Wednesday

2014-06-09 00:00:00

Dhaka Metropolitan Police (DMP) will begin its drive against formalin-mixed fruits and other food items from Wednesday night, reports BSS. "DMP will set up eight checkpoints at all entry points to Dhaka so that no formalin-mixed food items including fruits...

Property slowdown hits Korean home lease system

2014-06-09 00:00:00

SEOUL, June 8 (AFP) : A lengthy property market slump and low interest rates are threatening the future of a uniquely South Korean home lease system that traces its roots back to the 19th century. "Jeonse" contracts have been a...

President for upholding financial discipline

2014-06-09 00:00:00

President Abdul Hamid laid emphasis Sunday on upholding financial discipline in spending public money for ensuring welfare of people, reports BSS. The President made the remark when Comptroller and Auditor General of Bangladesh (CAG) Masud Ahmed handed over 15 audit...

AirAsia sparks fare war with first India flight

2014-06-09 00:00:00

NEW DELHI, June 8 (AFP) : Asia's biggest budget carrier AirAsia is set to make its maiden Indian flight this week, fuelling a cut-throat fare war in a sector already reeling from losses. AirAsia India will take off Thursday with...

Taiwan\\\'s HTC hopes much-loved M8 will revive fortunes

2014-06-09 00:00:00

TAIPEI, June 8 (AFP): Once a star of the intensely competitive smartphone sector, Taiwan's HTC has seen its fortunes collapse in recent years-but the success of its latest model provides a glimmer of hope. The company started out as a...

China\\\'s May trade surplus up to $35.92 billion

2014-06-09 00:00:00

BEIJING, June 8 (AFP) : China's trade surplus surged in May, official data showed Sunday, as export growth accelerated sharply while imports showed a surprise fall. Exports increased 7 per cent to $195.47 billion year-on-year, the General Administration of Customs...

News in Brief

2014-06-09 00:00:00

Italy's entrepreneurs urge faster reform amid weak economy warnings ROME, June 8 : The Italian industrial circles have called on Prime Minister Matteo Renzi to not lose a minute in reforms amid international warnings of a weak economy despite the...

Photo: A post-budget press conference in progress at Dhaka Reporters Unity

2014-06-09 00:00:00

Photo: Esquire Electronics Ltd,

2014-06-09 00:00:00

Siddikur finishes joint 3rd in Queen\\\'s Cup Golf

2014-06-09 00:00:00

Celebrated Bangladeshi golfer Siddikur Rahman, who briefly held the lead on the back nine, settled for a disappointing 72 to share third place with Thai golfer Donlapatchai Niyomchon (68) on the 4th and last day of the Queen's Cup Golf...

Ansar-VDP beat Kalabagan by 152 runs in Women\\\'s Cricket

2014-06-09 00:00:00

Ansar & VDP notched an emphatic 152-run victory over Kalabagan Krira Chakra in a match of the 5th National Women's Club Cricket League at Dhanmondi Cricket Stadium here Sunday, reports UNB. Batting first after winning the toss, Ansar & VDP...