Bangladesh Krira Shikkha Prothistan (BKSP) of Khulna beat Shamsur Rahman Smriti Sangha by 2-0 goal in the Khulna 3rd Division Football Tuesday at the regional training centre ground in Khulna reports BSS.
London court upholds Kaneria life ban LONDON, May 6: Former Pakistan leg-spinner Danish Kaneria lost his legal challenge to a life ban imposed by English cricket chiefs at London's High Court Tuesday. Kaneria was barred by the England and Wales...
FE Report | 2014-05-07 00:00:00
The securities regulator has approved the IPO (initial public offering) proposal of Ratanpur Steel Re-Rolling Mills (RSRM) for raising a fund worth Tk 1.0 billion, officials said. The regulator has also approved the proposal of Tk 3.0 billion Non-convertible Coupon...
FE Report | 2014-05-07 00:00:00
Grameenphone Ltd reported revenue of BDT 24.9 billion for the first quarter of 2014, up 6.1 per cent from the corresponding period of last year. In comparison with last quarter of 2013, the growth was 2.6 per cent. The growth...
Emerging Credit Rating Limited (ECRL) has expanded its presence by holding an inauguration ceremony of its Chittagong Office recently. The focus of this event was to introduce ECRL to the Chittagong Business World and to have an open discussion regarding...
UCB vice-chairman re-elected Mr. Sharif Zahir was re-elected as the Vice Chairman of United Commercial Bank Ltd in the Board Meeting held Monday at the corporate head office of the Bank. Mr. Zahir has been awarded as CIP by the...
Babul Barman | 2014-05-07 00:00:00
The government's revenue earnings from the Dhaka Stock Exchange (DSE) marked a 27.47 per cent rise in April compared to a month ago as the trading volume was on the rise. The government bagged tax worth Tk 137.01 million in...
FE Report | 2014-05-07 00:00:00
Stocks ended higher Tuesday after previous session's flat ending with improved turnover as several small and mid-cap scrips appeared attractive to the investors who are looking for fresh investments. The market started with a positive note and the upturn continued...
LONDON, May 6 (AFP): Britain's financial data and research group Markit unveiled plans on Tuesday for a partial stock market flotation in New York. London-based Markit will seek to raise fresh capital in an initial public offering (IPO), the firm...
FE Report | 2014-05-07 00:00:00
Bangladesh Bank (BB) Governor Atiur Rahman Tuesday came down heavily on a section of critics, saying they become vocal against small amount of non-performing loan (NPL) by the small and medium enterprises (SMEs), but keep mum in case of the...
FE Report | 2014-05-07 00:00:00
Speakers at a discussion called for formation of a separate commission to oversee the factory inspection programmes for ensuring labour rights and workplace safety in the country's readymade garment (RMG) sector. They also demanded of the foreign buyers to increase...
FE Report | 2014-05-07 00:00:00
The executive committee of the national economic council (ECNEC) on Tuesday gave its stamp of approval to four development projects at a combined cost of Tk 4.35 billion. Presided over by the Prime Minister Sheikh Hasina, the ECNEC, in its...
NEW DELHI, May 6 (Reuters): India's economy will likely make a gradual recovery this year, helped by a rebound in capital investments as well as a pick-up in private consumption, but rising bad loans at its banks threaten to choke...
Our Correspondent | 2014-05-07 00:00:00
CHITTAGONG, May 6: US ambassador Dan William Mozena and deputy assistant secretary of the US State Department Fatema Z Sumar along with a team of five members from the US Embassy and State Department have paid a visit to the...
RBI to issue Rs1000 banknotes shortly MUMBAI, May 6: Reserve Bank will shortly issue banknotes of Rs 1000 denomination in the Mahatma Gandhi series-2005 bearing the signature of Governor Raghuram Rajan. "The RBI will shortly issue Rs 1000 denomination Banknotes...
Commerce Minister Tofail Ahmed Tuesday said Bangladesh will sign a preferential trade agreement (PTA) with Chile soon, reports UNB. "Chile has decided to provide quota-free and duty-free market access for Bangladesh from 1st January 2015. We're preparing a draft agreement...
Bangladeshi expatriates residing in Malaysia have been requested to remit their hard-earned money through National Bank Limited (NBL) Money Transfer to Bangladesh. Director & Chairperson of the Executive Committee of National Bank Parveen Haque Sikder made the request while inaugurating...
FE Report | 2014-05-07 00:00:00
The High Court (HC) issued Tuesday a contempt of court rule upon the Bangladesh Telecommunications Company Ltd (BTCL) for disconnecting signalling link of Zamir Telecom ignoring its earlier order. In response to a petition, the HC bench comprising Justice Md...
The idea of solving Bangladesh's energy problem through nuclear power generation is 'broadly accepted' by all major political stakeholders in the country, said Russian Ambassador in Dhaka Alexander A Nikolaev Tuesday, reports UNB. "I think the idea of solving the...
The Anti-corruption Commission (ACC) Tuesday approved charge-sheets in 10 cases against 21 people, including 11 officials of Sonali Bank, for allegedly swindling nearly Tk 190 million (19 crore) from the state-owned bank, reports UNB. The Commission at its regular meeting...
FE Report | 2014-05-07 00:00:00
The World Bank (WB) has urged the government to expedite construction of the Siddhirganj 335-megawatt (MW) power station due to its slow progress in last five years since 2009. "The project is in its 5th year, and only 46 percent...
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