Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh, according to a press release. The total NAV of Prime Financial First...
HONG KONG, Apr 30 (AFP): Hong Kong shares sank 1.42 per cent Wednesday as investors braced for the US Federal Reserve to announce a possible further cut in its multi-billion-dollar asset purchase scheme. The benchmark Hang Seng Index ended down...
ILFSL approves 5 per cent cash dividend The shareholders of International Leasing and Financial Services Limited (ILFSL) approved Cash Dividend of 5% for the year 2013. The said approval came from the 18th Annual General Meeting (AGM) of the company...
Daffodil Group chairman's father expires Alhaj Md. Younus Khan, father of Md. Sabur Khan (Chairman of Daffodil Group & former President of DCCI) has passed away recently at his residence at Baburhat, Chandpur due to old age ailment. He was...
MUMBAI, May 29 (Reuters): The Nifty posted its biggest daily decline in nearly four months and its third fall over the past four sessions on Thursday as Infosys slumped after its president resigned, while profit-taking continued to hit shares after...
LONDON, May 29 (Reuters): Global shares flirted with an all-time peak on Thursday while the euro touched its weakest in more than two months on bets the European Central Bank (ECB) would unveil new stimulus measures next week. ECB policymakers...
SHANGHAI, May 29 (AFP): Chinese e-commerce giant Alibaba, which is preparing a massive US stock offer, plans to reveal the 28 people who effectively control it, the firm said, as it apparently seeks to ease future shareholders' concerns, the Wall...
NEW YORK, May 29 (Reuters): The S&P 500 snapped a four-session winning streak on Wednesday to end just shy of a third straight record closing high. The benchmark index had gained for four straight sessions as investors' appetite for equities...
HONG KONG, May 29 (Reuters): Shares of two listed units of Chinese oil giant Sinopec Group - drilling equipment maker Kingdream and Sinopec Yizheng Chemical Fibre Co Ltd 1033.HK - were suspended from trading on Wednesday, pending announcements on transactions...
May 29, 2014 Company Profile Lafarge Surma Cement Ltd. (DSE: LAFSURCEML) was incorporated in November, 1997 as a private limited company. Later in 2003, the company went public and got listed in both DSE and CSE. The company is a...
The government will implement a number of projects, including 1200-megawatt Matarbari Ultra Super Critical coal-fired power plant in Cox's Bazar with a Japanese loan package under the 35th Official Development Assistance (ODA), said the state minister for Foreign Affairs Thursday,...
FE Report | 2014-05-30 00:00:00
There is an urgent need for greater involvement of corporate entities in corporate social responsibility (CSR) activities for the betterment of the society. Companies' contributions through CSR initiatives not only help ensure their commitment to the society, but they get...
MAPUTO, May 29 (AFP): Africa's fast growing economies need to spend $93 billion a year just to bring infrastructure up to speed, the head of the IMF said on Thursday, sketching out the daunting challenges still faced by the continent....
WASHINGTON, May 29 (Reuters) - If U.S. lawmakers reverse a 40-year ban on oil exports it would add more than $1 trillion to government revenues through 2030, trim fuel prices, and add an average of more than 300,000 jobs a...
BEIJING, May 29 (AFP): European businesses fear the "good times are over" in China, a survey showed Thursday, citing the country's slowing economic growth, rising labour costs, falling profits, regulatory hurdles and pollution. The Business Confidence Survey 2014 report, released...
China's official PMI to rise slightly in May BEIJING, May 29: Growth in China's manufacturing sector may have quickened slightly in May on an expected improvement in demand, a Reuters poll found, adding to budding hopes that the world's second-biggest...
THIMPHU, May 29 (PTI): India has agreed to build four new joint venture hydropower projects in Bhutan as the two governments agreed to closely coordinate on issues relating to their national security and interests. Prime Minister Narendra Modi met his...
COLOMBO, May 29 (AFP): Sri Lanka missed its foreign investment target last year because of bureaucratic delays, which would pull down economic growth in the formerly war-torn island, a minister said Thursday. Investment Promotion Minister Lakshman Yapa Abeywardena said red-tape...
ASTANA, Kazakhstan, May 29 (AFP): Russian President Vladimir Putin on Thursday signed a deal creating an economic union with Belarus and Kazakhstan, with Ukraine conspicuously absent after it turned its back on Moscow. "Russia, Belarus and Kazakhstan are going over...
ROME, May 29 (Xinhua): Poverty indicators improved in Italy in 2013 and the number of "seriously deprived" families fell, the annual report by National Institute of Statistics (ISTAT) showed on Wednesday. The ISTAT data indicated that the number of "seriously...
MANILA, May 29 (AFP): The Philippines' roaring economy cooled in the first quarter of the year as the impacts of Super Typhoon Haiyan and other natural disasters hit harder than expected, official data showed Thursday. Economic growth slowed to 5.7...
NICOSIA, May 29 (Xinhua): The Central Bank of Cyprus announced a reversal in bank deposits trend on Wednesday, indicating the economy is on the road to getting out of its crisis following its chaotic bailout of the eastern Mediterranean island...
FRANKFURT, May 29 (AFP): The eurozone is making progress in strengthening its banking sector following the long years of crisis, but new risks are emerging, the European Central Bank said on Wednesday. "Euro area banks have accelerated the clean-up and...
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