Surjodaya Krira Chakra earned an emphatic 28-16 goals victory over Old Ideals in a match of the Cute Premier Division Handball League at the Shaheed (Capt) M Mansoor Ali National Handball Stadium in the city Tuesday, reports UNB. The winners...
Four teams-Dhaka, Rangpur, Narail DSAs and Bangladesh Army-advanced to the 3rd round of girls' team event of the South Bangla Bank 2nd National Junior Table Tennis Championship that began at the Shaheed Tajuddin Ahmed Indoor Stadium in the city Tuesday,...
Badrul Ahsan | 2014-05-28 00:00:00
The government has decided to offload, at least, 49 per cent stakes of each of the 26 state-owned jute mills in the capital market soon, a top official of the Ministry of Textiles & Jute said. Finance Minister AMA Muhith...
FE Report | 2014-05-28 00:00:00
Stocks ended higher Tuesday after two sessions flat movement with turnover remained sluggish as investors went for buying spree on financial and cement sector stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) crossed 4,400 points mark after...
The Board of Directors of Prime Bank Limited in its 417th board meeting held recently unanimously elected Azam J Chowdhury as the new Chairman of the Board of Directors of the Bank for two years effective from 1st June 2014...
Coats Group CEO due this week Paul Forman, Group CEO, Coats plc, will visit Bangladesh this week. He will visit the Coats sites at Chittagong and Gazipur and will be meeting employees, customers and other stakeholders. This is Paul's third...
FE Report | 2014-05-28 00:00:00
The debut trading of the Far Chemical Industries will not be hampered and the responsible company persons will be served show cause notice for concealing information regarding the criminal case earlier filed against two directors of the company, officials said....
MasterCard (NYSE: MA) has announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd., ("Opus") to acquire its subsidiary, ElectraCard Services Private Limited, ("ECS"), a leading global provider of software solutions and processing services for electronic...
Furniture major HATIL Complex Ltd. announced its second international presence in Toronto, Canada. The single-brand HATIL showroom was inaugurated recently at 1261 Kennedy Road, Toronto. The expansion of HATIL into Canadian market after proud presence in Sydney, Australia in 2013...
FE Report | 2014-05-28 00:00:00
Ananda Shipyard & Slipways Ltd and world-famous US dredger manufacturer Ellicott Dredges LLC are assisting Bangladesh Government in regaining the glory of the riverine Bangladesh by supplying dredgers for maintaining the navigability of rivers to improve irrigation, check bank erosion...
At least five people were injured as gas accumulated in a sewerage line of a multi-storey building went off in the city’s Kalyanpur area on Tuesday. The gas explosion took place with a big bang in front of 12-storey Mizan...
Beximco Group Tuesday announced a joint venture with Russian investment and industry holding giant GS Group to launch Bangladesh's first DTH (Direct to Home) company for TV viewers in the country. The newly formed joint venture - Beximco Communications Limited...
NEW DELHI, May 27 (PTI): The government should allow leading global bourses to hold up to 49 per cent stake in Indian stock exchanges to enhance the competitiveness of domestic capital markets, BSE has said. The current policy permits foreign...
FE Report | 2014-05-28 00:00:00
Bangladesh Bank (BB) governor Atiur Rahman Tuesday called upon the banks to support the universities and research institutions with quality research and development works as part of their corporate social responsibility (CSR) activities. He also asked the banks to submit...
Sonia H Moni | 2014-05-28 00:00:00
Bangladesh's frozen food shipment is set to exceed US$600 million this financial year on the back of price hike in the world market earlier this year, exporters say. Last month, the price of 31-40 count shrimp was US$ 7.0 per...
FE Report | 2014-05-28 00:00:00
The embattled state lender Sonali Bank Limited (SBL) on Tuesday filed another case against the top bosses of Hall-Mark Group in an attempt to recover about Tk 4.50 billion allegedly stolen by one of the affiliates of the company. Hall-Mark...
FRANKFURT, May 27 (AFP): The eurozone's biggest banks will face an annual bill of up to 15 million euros ($20 million) apiece for being supervised by the European Central Bank, the ECB said on Tuesday. The ECB said in a...
TOKYO, May 27 (AFP): There is little risk to investing in Thailand despite last week's military coup, the head of Japan's carmaking sector said Tuesday, as vehicle production returns to normal in the politically divided kingdom. Japanese automakers with major...
RBI's goal is to balance growth, inflation : Rajan NEW DELHI: May 27: Reserve Bank of India (RBI) governor Raghuram Rajan said on Tuesday fighting inflation would continue to be a top priority, although the central bank will also aim...
FE Report | 2014-05-28 00:00:00
State Minister for Labour and Employment Mujibul Haque Chunnu said Tuesday that misunderstanding between owners and workers hampers formation of trade unions. "The factory owners think that they would face problems due to the formation of trade unions in their...
MANILA, May 27 (Reuters): The Philippine economy probably grew the most among its regional peers in the first three months of the year, driven by private consumption and post-typhoon rebuilding that could continue to bolster expansion ahead. Hefty spending on...
SEOUL, May 27 (Reuters): South Korea's top government think tank maintained its forecast for this year's economic growth at a lower level than the central bank's projection - while cutting this year's inflation forecast. The Korea Development Institute (KDI) on...
HONG KONG, May 27 (AFP): Asia's biggest wine and spirits fair opened in Hong Kong on Tuesday, drawing the world's top producers from France to Chile despite China reporting the first decline in wine consumption for a decade. According to...
HANOI, May 27 (Xinhua): Vietnam is expected to receive some 3. 748 million international tourists in the first five months of 2014, up 26.07 per cent, while sees a downturn in May year-on-year, said Vietnam National Administration of Tourism (VNAT)...
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