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24 RMG units lack fire safety requirements

Syful Islam | 2014-06-03 00:00:00

The fire department has asked another two dozen readymade garment (RMG) factories to comply with safety requirements or face punitive actions as part of the government's effort to ensure workplace safety, sources said. It issued notices to the factories when...

Economic recovery in Vietnam \\\'stronger\\\'

2014-06-03 00:00:00

HANOI, June 2 (Xinhua): Signs of economic recovery in Vietnam maintain stronger in the first five months of 2014 with increasing index of industrial production (IIP) as well as export revenue, said Vietnam's ministry of industry and trade (MoIT). Bao...

News Briefs

2014-06-03 00:00:00

UK manufacturing keeps up strong growth rate in May LONDON, June 2 : British manufacturing activity kept expanding at a rapid pace in May, a survey showed on Monday, suggesting the economic recovery has lost little of its shine this...

Photo: Mr. B. J. Choi, project manager of overseas power division of LS Industrial Systems Ltd (LSIS) of Korea, gave a presentation on GIS

2014-06-03 00:00:00

Govt to seek strong WTO support to expand global trade

2014-06-03 00:00:00

The government would seek strong support from the World Trade Organisation (WTO) to expand global trade with greater access to developed markets, reports BSS. As a member of the Least Developed Countries (LDCs), Bangladesh is being offered duty-free and quota-free...

Emirates airline sees progress soon on A380 engine upgrade

2014-06-03 00:00:00

DOHA, Jun 2 (Reuters) :  Dubai's Emirates airline, the largest customer for the Airbus A380, said on Monday it hoped to achieve progress soon on its call to upgrade the world's biggest passenger jet with new engines. Emirates has expressed...

DCs asked to take steps to keep essentials\\\' prices stable during Ramadan

Rezaul Karim | 2014-06-03 00:00:00

The government has directed the deputy commissioners (DCs) to take effective measures for keeping the prices of essentials stable during the upcoming holy month of Ramadan, officials said Monday. Besides, it also directed them to monitor the essentials' market strictly....

News in Brief

2014-06-03 00:00:00

Dollar gains in Asia following upbeat China data TOKYO, June 2 : The dollar rose in Asia on Monday as upbeat Chinese manufacturing data lifted investor sentiment ahead of key US jobs data later this week, while weak Japanese economic...

Photo: Sonar Bangla Insurance Ltd

2014-06-03 00:00:00

Detailed DSE Trading

2014-06-03 00:00:00

DSE turnover crosses Tk 4b-mark

FE Report | 2014-06-03 00:00:00

The stock market closed flat Monday with turnover on the Dhaka Stock Exchange (DSE) hitting four weeks high as late profit booking cut early gains. The market opened with an upward trend, but could not sustain amid profit taking. Eventually,...

Two IPOs\\\' subscriptions begin this month

FE Report | 2014-06-03 00:00:00

The initial public offering (IPO) subscription of two companies -- Shurwid Industries Ltd and Far East Knitting and Dyeing Industry (FEKDI) -- will begin this month, officials said. The public subscription of Shurwid Industries will begin on June 8 and...

Ex-chairman of NCC Bank expires

FE Report | 2014-06-03 00:00:00

Former Jatiya Sangsad whip and BNP lawmaker Mahbubul Alam Tara died at a Singapore hospital on Monday at the age of 74 years. Tara, also the ex-president of Jatiyatabadi Krishak Dal and former chairman of the National Credit and Commerce...

News Briefs

2014-06-03 00:00:00

HSBC's head of Asia Pacific due today Jayant Rikhye, Head of International Asia Pacific and Head of Strategy and Planning HSBC Asia Pacific is visiting Bangladesh from 3 - 4 June 2014. During his visit, Jayant Rikhye will meet colleagues...

Photo: Standard Bank Limited

2014-06-03 00:00:00

Photo:Trust Bank Limited

2014-06-03 00:00:00

Photo: Dutch-Bangla Bank Limited

2014-06-03 00:00:00

Net foreign investment in DSE dips

Babul Barman | 2014-06-03 00:00:00

Net foreign investment in the Dhaka Stock Exchange (DSE) marked a 77 per cent decline in May compared to the previous month, as foreign fund managers preferred to adopt a 'wait and see' strategy in the present volatile market. Foreign...

Sukuk the missing link in Bangladesh Islamic finance sector

2014-06-03 00:00:00

Bangladesh has developed a sizeable Islamic finance industry but a lack of sharia-compliant instruments such as sukuk is limiting further growth of the sector, a report by a standard-setting body found, reports Reuters. With a predominantly Muslim population of 160...

ICB AMCL discloses NAV of four funds

2014-06-03 00:00:00

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 May 28, 2014, said...

Photo: Bay Leasing & Investment Limited

2014-06-03 00:00:00

Photo: Rupali Bank

2014-06-03 00:00:00

Bangladesh gets $500m World Cup order

2014-06-03 00:00:00

Bangladesh garment manufacturers bagged at least US$500 million in export orders to sew World Cup jerseys for fans across the globe in a major industry boost after a string of disasters, officials said Monday, reports AFP. The acting head of...

Jahurul Islam win over Urban Sports in women\\\'s cricket

2014-06-03 00:00:00

Riding on a Sharmin Akhter century, Jahurul Islam City Cricket Club (JICCC) notched a huge 141 run victory over Urban Sports and Cultural Development (USCD) in the Women's Cricket League at BKSP ground-4 in Savar Monday, reports UNB. Batting first...

Sao Paulo stadium hosts final World Cup test

2014-06-03 00:00:00

SAO PAULO, June 2 (AP): A smaller-than-capacity crowd and a few setbacks marked the final test event at the unfinished stadium set to host the World Cup opener in less than two weeks. Only 37,000 people attended Sunday's Brazilian league...

Super GM Tiviakov starts coaching Bangladesh Chess Team

2014-06-03 00:00:00

The coaching of Bangladesh chess team for the ensuing 41st World Chess Olympiad under newly recruited Bangladesh coach and Super GM Sergey Tiviakov began on Monday, reports UNB. The coaching is being done at Bangladesh Olympic Association auditorium. Deputy Minister...

Narinda Pragoti Boys clinch Premier H\\\'ball title

2014-06-03 00:00:00

Narinda Pragoti Boys Club clinched the Cute Premier Division Handball League crown beating Menjis KC by 46-23 goals in the last league match at the Shaheed (Capt) M Mansoor Ali National Handball Stadium here on Monday, reports UNB. Narinda Boys...

sports digest

2014-06-03 00:00:00

Farashganj SC beat Badda Jagaroni      Farashganj SC defeated Badda Jagaroni Sangsad by 2-1 goals in the Premier Bank Bangladesh Championship League at Bir Shreshtha Shaheed Sepoy Mohammad Mostafa Kamal Stadium in Kamalapur on Monday. Babu put Badda Jagaroni ahead in...

Nadal salutes \\\'wonderful\\\' King Juan Carlos

2014-06-03 00:00:00

PARIS, June 2 (AFP): Spanish tennis superstar Rafael Nadal hailed King Juan Carlos as "wonderful" on Monday after the monarch decided to abdicate. The 76-year-old Juan Carlos, crowned in November 1975 after the death of General Francisco Franco, said he...

Photo: LISBON, Portugal: Portuguese national football team players Cristiano Ronaldo (L)

2014-06-03 00:00:00