SEATTLE, May 3 (Reuters): Bill Gates, the former chief executive and chairman of Microsoft Corp, will have no direct ownership in the company he co-founded by mid-2018 if he keeps up his recent share sales. Gates, who started the company...
The total NAV of MTB Unit Fund stood at Tk 350,069,890.90 on the basis of cost price and Tk 387,498,935.02 on the basis of market price at the close of business operation on 30 April 2014. The face value per...
Institute of Chartered Secretaries of Bangladesh (ICSB) organised a Continuing Professional Development (CPD) programme on Bangladesh Labour Act- Amended in 2013 at the Faculty of Business Studies conference hall of University of Dhaka. A large number of members of ICSB,...
Kamrun Nahar | 2014-05-04 00:00:00
Tourism experts, investors and tour operators have called for formulating a master plan for Cox's Bazar as an attractive tourist zone. The plan should include development of an exclusive tourist zone (ETZ), use of virgin beach areas and introduction of...
FE Report | 2014-05-04 00:00:00
Agricultural loan disbursement by the state-owned Bangladesh Rural Development Board (BRDB) decreased by Tk 1.16 billion in nine months to March, the board data showed. The fall in disbursement is mainly due to poor performance of the officials of the...
Shamsul Huda | 2014-05-04 00:00:00
The economic zone authority has owned lands in Mongla port area for the first time since its formation in 2010, officials said. The Bangladesh Economic Zone Authority (BEZA) has purchased the land within the Mongla port area at Tk470 million...
Reliance Communications Q4 net profit almost halves NEW DELHI, May 3: Reliance Communications Ltd , India's fourth-biggest cellular carrier by customers, reported a higher-than-expected 48.5 per cent fall in quarterly profit from a year ago-period that had been aided by...
FE Report | 2014-05-04 00:00:00
Women entrepreneurs of the country still face various challenges in accessing credit and running their business because of the mindset of the bankers, unfavourable business and family environments and absence of proper guidance and training. Speakers at a seminar jointly...
Pankaj Dastider | 2014-05-04 00:00:00
CHITTAGONG, May 3: Businesses in Chittagong are in favour of industry and investment-friendly budget in the upcoming fiscal year. They said that the national budget for a year reflects the country's economic plan to take the nation onwards to development....
FE Report | 2014-05-04 00:00:00
The fisheries sector of Bangladesh would see a big change, if the production of fish could be increased, Fisheries and Livestock Minister Muhammed Sayedul Hoque said Saturday. He said: "The demand for fish in the country is around 4.2 to...
LONDON, May 3 (Reuters): The Bank of England's (BoE) starkest warning so far about Britain's booming house prices is likely to be followed by cautious measures, possibly as soon as next month, as policymakers test out their new powers. Deputy...
PANAMA CITY, May 3 (AFP): A widened Panama Canal is expected to bring in some $3.1 billion per year, considerably less than earlier estimates, the official responsible for the waterway told the news agency.
The 15th Yunus Centre Social Business Design Lab took place at the Grameen Bank Auditorium in the city Saturday, said a press release. A total of 200 representatives of national and international organisations took part in the Design Lab. A...
Talha Bin Habib | 2014-05-04 00:00:00
The government will construct multistoried buildings on its unused land in Dhaka to accommodate its employees, officials say. The buildings will be built on abandoned government land in the Banani, Gulshan and Dhanmondi areas in the capital aiming to reduce...
Trade union activists at a rally have stressed the need for implementing the minimum wage structure for readymade garment (RMG) workers and providing the Rana Plaza victim families with adequate compensation for their livelihood, reports BSS. At the May Day...
FE Report | 2014-05-04 00:00:00
Some 15 right-based civil society organisations strongly pleaded Saturday for no expansion of the value added tax (VAT) net as the government has so planned for the upcoming budget. They also demanded exemption of daily essential items like rice, pulse,...
Islamabad, May 3 (Reuters) : The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country's finance ministry and the global lender said on Friday. The ministry said the money...
Foreign Minister AH Mahmood Ali on Saturday said Bangladesh and India must invest for each other's future betterment and work together to make the best use of Indian northeast's potential in a win-win situation, reports UNB. "The destinies of our...
SAN JOSE, , May 3 (AFP): Jurors late Friday ordered Samsung to pay just a fraction of the big-money damages sought by Apple in a high-stakes Silicon Valley case over smartphone patents. The jury in federal court in California found...
Royal Bank of Scotland profits triple in first quarter LONDON, May 3: Britain's state-rescued Royal Bank of Scotland said on Friday that net profits tripled to £1.2 billion ($2.0 billion, 1.5 billion euros) in the first quarter, buoyed by lower...
Yasir Wardad | 2014-05-04 00:00:00
The price of paddy has decreased significantly in Haor, char and beel areas of the country with the beginning of early harvest that pushed the farmers into a dire-strait, farmers said. Seasonal storms caused severe damages to crops and households...
CHICAGO, May 3 (Xinhua): Chicago agricultural commodity futures were traded mixed yesterday, with wheat and soybeans prices going up while the corn price down. The most active corn contract for July delivery fell 7.5 US cents, or 1.48 per cent,...
The Trading Corporation of Bangladesh (TCB) will build an enough advance stock of five Ramadan essentials in an effort to help ensure smooth supply of those items during the fasting month beginning in July next, said officials on Saturday, reports...
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