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Strategy to reach free medicine to poor patients

2014-05-27 00:00:00

The government has been running a few essential drug manufacturing companies to cater to the need of government health establishments. The objective behind this is to supply medicines free of cost to the poor patients who come for treatment to...

The youngest Fide Master Fahad

2014-05-27 00:00:00

A Bangladeshi child, Md Fahad Rahman, has been declared by the World Chess Federation, as the youngest Fide Master of the world. Eight-year-old Fahad won the ASEAN Age Group Championship in 2013.  Being attracted by this landslide achievement, a private...

Thrust for sustainability in marketing strategy

Ayan Gupta | 2014-05-27 00:00:00

"It would be in all our interests for some of the creativity that abounds in the marketing industry to be more rigorously applied to the task of combining marketing innovation with social and environmental concern," said Steve Hilton and Giles...

CSR for inclusive and sustained growth

Md Saifullah Azad | 2014-05-27 00:00:00

Corporate Social Responsibility (CSR) intends to undertake activities by integrating economic, environmental and social aspects.  In recent times, conceptual framework and practices of CSR have broadened in multi-dimensional arenas. Along with the spending for the community, practices of green banking...

Shadow banking outside banks

Maswood Alam Khan from Cockeysville, Maryland, USA | 2014-05-27 00:00:00

Ever since the banking crisis overwhelmed the financial world in 2008, obtaining bank loans for any purpose has been a daunting task in any corner of the world. Bankers have become hypersensitive about their reputations regarding loose and predatory lending...

Syria: Will warring factions heed Pope\\\'s call for peace?

Zaglul Ahmed Chowdhury | 2014-05-27 00:00:00

Pope Francis called for immediate peace in strife-torn Syria as he arrived in Jordan on Saturday (May 24) to see for himself the Syrian refugees, now sheltered in Jordan. The Pope expressed deep anguish and frustration over the unremitting civil...

$169.15m foreign loan approved

FE Report | 2014-05-27 00:00:00

The 86th meeting of the Board of Investment Scrutiny Committee Monday approved US$ 169.15 million for 13 projects under foreign loan / supplier's credit. The projects are US$ 100.0 million for Airtel Bangladesh Limited, US$ 25.0 million for Summit Meghnaghat...

IIDFC seminar on executive development held

2014-05-27 00:00:00

IIDFC organised a daylong seminar on Executive Development for its senior and mid level officials Monday at MCCI Seminar room. The seminar was inaugurated by Mr. S. K. Sur Chowdhury, Deputy Governor, Bangladesh Bank  as Chief Guest and was chaired...

Big groups still reluctant to float shares for public

Mohammad Mufazzal | 2014-05-27 00:00:00

Most of the country's leading business groups and corporate entities are reluctant to go public due to multiple factors, company insiders said. Among the major reasons, many companies prefer to avoid rules and regulations set for listed companies by the...

News Briefs

2014-05-27 00:00:00

New MD (cc) of BASIC Bank Mr Fazlus Sobhan was appointed managing director (current charge) of BASIC Bank Ltd Monday. Prior to the new appointment, he was the deputy managing director (DMD) of the bank. Mr Sobhan began his career...

Photo: Southeast Bank Ltd.

2014-05-27 00:00:00

Photo: EXIM Bank Ltd

2014-05-27 00:00:00

Market witnesses another flat session

FE Report | 2014-05-27 00:00:00

The market witnessed another flat session Monday with turnover moving up slightly as investors remained neutral and conservative ahead of the national budget to be placed in the parliament on June 5. DSEX, the prime index of the Dhaka Stock...

Sensex ends flat in volatile session

2014-05-27 00:00:00

MUMBAI, May 26 (Reuters): The BSE Sensex ended flat on Monday in a volatile session, giving up earlier gains of nearly 2 per cent due to profit-taking in blue-chips such as IDFC while caution ahead of Narendra Modi's ministerial appointments...

Shell in talks to buy stake in Andhra project

2014-05-27 00:00:00

NEW DELHI, May 26 (Reuters): Global energy major Royal Dutch Shell is in talks with the Andhra Pradesh government for buying up to 24 per cent stake in the planned Kakinada liquefied natural gas project on the east coast, GAIL...

European markets firm, confident on reforms despite vote shock

2014-05-27 00:00:00

PARIS, May 26 (AFP): European stocks rose firmly, and the euro and sterling steadied after an initial wobble on Monday despite nationalist shocks in European elections, with traders saying that economic reforms will continue. On the crucial market where eurozone...

Hong Kong stocks end flat

2014-05-27 00:00:00

HONG KONG, May 26 (AFP): Hong Kong stocks closed almost unchanged on Monday as profit-taking offset early gains that were fuelled by a record close in New York. The benchmark Hang Seng Index edged down 2.68 points to 22,963.18 --...

Oracle BI launched

2014-05-27 00:00:00

To empower organisations to achieve greater visibility into their business performance and to execute with greater agility, Oracle has announced the latest release of Oracle Business Intelligence (BI) Applications.  With new ways to seamlessly analyze procurement data and a new...

IPO Diary

2014-05-27 00:00:00

Photo: Investment Corporation of Bangladesh (ICB)

2014-05-27 00:00:00

Photo: HeidelbergCement Bangladesh Limited

2014-05-27 00:00:00

Photo: Commercial Bank of Ceylon PLC

2014-05-27 00:00:00

Undeclared state of emergency prevailing in country: BNP

2014-05-27 00:00:00

The government is running the country as if there is a state of emergency, a central BNP leader said Monday, reports UNB. "An unusual state of emergency is prevailing in the country. The misrule of the government has surpassed all...

CNG-run auto-rickshaw strike in city from today

2014-05-27 00:00:00

Dhaka Metropolitan CNG-run Auto-rickshaw Malik Samity Oikya Parishad will go on a 72-hour strike in the city today (Tuesday) demanding the extension of economic lifespan of the vehicle by four years more. Nearly 13,000 CNG-run three-wheelers are now plying the...

Suranjit stresses revamping of AL

2014-05-27 00:00:00

Awami League (AL) Advisory Council member Suranjit Sengupta, MP, has laid importance on revamping the ruling party from its grassroots to successfully run the country for five-years, reports BSS. "There is no alternative to revamping the party to march ahead...

Adel ordered killing of Ekram, Jahed tells court

2014-05-27 00:00:00

FENI, May 26 (UNB): Jahid Chowdhury alias Jahed, one of the masterminds of Phulgazi upazila chairman Ekramul Haque Ekram killing, told a local court Monday that ruling party leader Jahangir Kabir Adel alias Jahangir Adel had ordered physical assault on...

SC overrides HC judgement

2014-05-27 00:00:00

The Supreme Court (SC) has overruled the High Court (HC) judgment that had scrapped the trial court sentence in a graft case against BNP joint secretary general Amanullah Aman and his wife, nearly four years ago, reports UNB. Responding to...

Charge sheet against Moudud, his brother

2014-05-27 00:00:00

The Anti-corruption Commission (ACC) pressed charge sheet Monday against BNP stalwart Barrister Moudud Ahmed and his brother in a case filed for purportedly grabbing a government house in the city's Gulshan area, reports UNB. ACC deputy director and investigation officer...

News in Brief

2014-05-27 00:00:00

Khaleda's rally in Munshiganj tomorrow BNP chairperson Khaleda Zia will address a public rally in Munshiganj tomorrow (Wednesday). Local BNP will arrange the rally at Munshiganj Launch Ghat, BNP joint secretary general Ruhul Kabir Rizvi said this while addressing a...

14-party sits today

2014-05-27 00:00:00

A meeting of the Awami League-led 14-party alliance will be held today (Tuesday), reports UNB. The meeting will begin at 11:00 am at the office of AL President Sheikh Hasina at Dhanmondi in the city. Alliance spokesperson and Health Minister...