ICB disburses Tk. 1.5 billion The Investment Corporation of Bangladesh (ICB) Sunday disbursed Taka 1.5 billion from the Taka 9.0 billion government refinancing scheme for share investors. The government in August last year approved the scheme to help investors minimize...
Mr. Mati ul Hasan has joined as Deputy Managing Director of Mercantile Bank Limited. Prior to joining to Mercantile Bank Limited, he was the Deputy Managing Director of IFIC Bank Limited. Mr. Hasan started his career with IFIC Bank Limited...
Babul Barman | 2014-05-05 00:00:00
Net foreign investment into the Dhaka bourse hit a new high of Tk 5.72 billion in April, 2014 as foreign fund managers considered the market lucrative for long-term investment due to low prices of fundamentally strong stocks. The easing of...
Mohammad Mufazzal | 2014-05-05 00:00:00
The securities regulator cannot avoid its responsibility before allowing a company to go public with fabricated financial disclosers as the ultimate responsibility lies with the same, experts and market insiders said. Their observation comes after some companies allegedly got regulatory...
Six companies listed with the Dhaka Stock Exchange (DSE) Ltd on Sunday recommended cash and stock dividends for the year ended on December 31, 2013, reports UNB. The board of directors of Golden Son Ltd has recommended 25 per cent...
FE Report | 2014-05-05 00:00:00
Ananda Shipyard Ltd has refuted a recent report published in a section of newspapers that the company misappropriated Tk 13.00 billion. "Bangladesh Bank did not find any irregularities in sanctioning loans to Ananda Shipyard," the company in a statement said....
NEW DELHI, May 4 (PTI): Foreign portfolio investors (FPIs), a newly-created class for overseas investors, will be able to invest up to $ 81 billion (close to Rs 4 trillion) in government and corporate debt securities in India. This would...
AKM Rahmat Ullah FCA has joined as Secretary of the Institute of Chartered Accountants of Bangladesh (ICAB) on Thursday 30 April 2014. Before his joining, he worked as General Manager (Accounts & Budgeting Dept.) in Bangladesh Bank. He was Financial...
NEW DELHI, May 4 (PTI): Six top Sensex companies lost a combined Rs 186.99 billion in market valuation last week, with energy major Reliance Industries taking the biggest hit. In a week when the benchmark Sensex fell 1.25 per cent,...
BNP acting secretary general Mirza Fakhrul Islam Alamgir termed Sunday as an eyewash the police raid in the house of councillor Nur Hossain, reports UNB. "Law enforcers raided the house of Nur Hossain, the prime accused in the Narayanganj seven-murder...
Though one year has elapsed, no major headway has been made in the probe into 44 cases filed with four thanas in the city in connections with the May 5, 2013 violence during Dhaka siege programme of Hefajat-e-Islam, reports BSS....
The Election Commission (EC) has warned all the 12 contestant political parties in the January 5 parliamentary elections for failing to submit return of polls expenses in the stipulated time, reports UNB. Giving one month's time to the political parties,...
The Election Commission (EC) said Sunday that 196 candidates will contest in the election of 13 upazila parishads on May 19, reports UNB. The final list was announced a day after the deadline for quitting the race expired. Among the...
MYMENSINGH, May 4 (UNB): A court here placed Sunday eight persons on a 10-day remand in a case filed in connection with the snatching of three convicted JMB militants from a prison van in Trishal Upazila on February 23, killing...
Our Correspondent | 2014-05-05 00:00:00
CHITTAGONG, May 4: Jahangir-Fahim-Mahbub panel submitted the list of its candidates in the Bangladesh Muktijoddha Sangsad Election-2014 Chittagong city unit command. The election will be held on June 4 next. The freedom fighters submitted their panel candidates to Additional Deputy...
RANGPUR, May 4 (BSS): Police arrested five leaders and activists of Jamaat, Shibir and Jubo Dal from different places here last night and today on charges of their alleged attempts for conducting subversive activities. According to police sources, the arrested...
Prime Minister (PM) Sheikh Hasina urged Sunday the specialist physicians to stand beside the country's working class people as trusted friends at times of their illness and grief, reports UNB. She made the appeal while addressing the 12th convocation of...
Yet another High Court (HC) division bench felt embarrassed on Sunday to hear a petition seeking its directive to remove the unauthorised structures constructed on the Dhanmondi playground, reports UNB. The petition was placed on the day before an HC...
Eight people, including two children, were found dead in separate places of Moulvibazar, Laxmipur, Brahmanbaria, Munshiganj and Chittagong districts on Saturday and Sunday, reports UNB. In Moulvibazar, police recovered the body of a young man from Digalgazi area in sadar...
The Appellate Division of the Supreme Court upheld Sunday the High Court order to free the ancestral home of legendary actress Suchitra Sen in Pabna town from illegal occupation and set up an archive of her memorabilia therein, reports UNB....
MUNSHIGANJ, May 4 (UNB): Police rescued a boy from Baushia area on Dhaka-Chittagong highway in Gazaria upazila on Saturday night, nearly after five months into his abduction from the capital. The rescued boy is Parvez, 14, son of Rahim Akand...
JU teachers' retirement age raised to 67 JAHANGIRNAGAR UNIVERSITY, May 4: Jahangirnagar University (JU) special senate convention Saturday decided to raise the retirement age of teachers from 65 to 67 years as the proposal was approved at the senate meeting....
Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at a few places over Rajshahi, Rangpur, Dhaka, Khulna, Barisal, Chittagong and Sylhet divisions with moderately heavy falls at places in next 24 hours till 6:00...
FE Report | 2014-05-05 00:00:00
Commerce Minister Tofail Ahmed Sunday preferred reduction of discriminatory duty on Bangladesh's garment products in the American market rather than reinstating GSP (Generalised System of Preferences) privilege. "We don't need GSP in the US market. If the US wants to...
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