FE Report | 2014-05-01 00:00:00
The disbursement of funds under the capital market re-financing scheme is likely to be started Sunday as the toughest condition has been waived considering the utilisation of fund facility, officials said. They said the state-run Investment Corporation of Bangladesh (ICB)...
FE Report | 2014-05-01 00:00:00
Stocks ended flat into the red on Wednesday after three sessions' steep fall with turnover improved slightly as lucrative prices prompted some investors to come up-front with last hour buying spree. The market started with a negative note and the...
Prime First Unit Fund NAV disclosed The total NAV of Prime Financial First Unit Fund stood at Tk 216,169,668 on the basis of cost price and Tk 196,403,802 on the basis of market price at the close of business operation...
The 19th Annual General Meeting (AGM) of Uttara Finance and Investments Limited was held at the Spectra Convention Centre, Dhaka on Wednesday. The meeting attended by a large number of shareholders unanimously approved 30% cash dividend for the year 2013....
LONDON, Apr 30 (Reuters): European stocks rose on Tuesday, as optimism surrounding corporate earnings and merger moves eclipsed the crisis in Ukraine, while rising euro zone money market rates and strong German consumer confidence supported the euro. Sterling also rose...
MUMBAI, Apr 30 (Business Standard): The benchmark indices had a roller-coaster ride before ending in the red for the fourth straight session due to both domestic poll-related concerns and global geo-political worries. The BSE Sensex oscillated in a broad range...
TOKYO, Apr 30 (AFP): Tokyo stocks ended higher Wednesday, with early gains squeezed after the yen rose on the Bank of Japan's decision to hold off expanding its stimulus programme. The benchmark Nikkei 225 index closed up 0.11 per cent,...
FE Report | 2014-05-01 00:00:00
The head of telecom regulator on Wednesday stressed the need for immediate revision of the telecommunications policy to help attract investments in the sector. "The existing telecom policy needs massive change as the current 22-page telecom guideline has become outdated,"...
Talha Bin Habib | 2014-05-01 00:00:00
Bangladesh and Sri Lanka on Wednesday agreed to sign a coastal shipping agreement aiming to boost bilateral trade and investment between the two countries, officials said. The decision came at the Bangladesh-Sri Lanka Joint Working Group (JWG) meeting on maritime...
Syful Islam | 2014-05-01 00:00:00
The Bangladesh Shipping Corporation (BSC) is allegedly compromising on standards in its move to buy six new vessels from China, sources said. The 'compromise' may lead to a fall in quality of the vessels to be supplied to the corporation,...
Attracting foreign direct investment has now become a major challenge in the country, said top business leaders said on Wednesday, urging the government to pursue foreign investment to increase exports, reports BSS. The call came at the first meeting of...
Sonali Bank gets new DMD Vanu Roy Chowdhury has joined Sonali Bank Limited as deputy managing director (DMD). Mr Chowdhury was the general manager of Agrani Bank Limited before being promoted to the current position in the country's biggest bank....
FE Report | 2014-05-01 00:00:00
A joint effort of local and international agencies is seen vital to help small and medium enterprises (SMEs) of Bangladesh to grow. Speakers at an international seminar in the city Wednesday made the observation. Bangladesh Bank, CIRDAP, BIBM and MIDAS...
FE Report | 2014-05-01 00:00:00
The Bangladesh Frozen Foods Exporters Association, (BFFEA), the Bangladesh Shrimp and Fish Foundation (BSFF) and the Solidarity Center- Bangladesh (SCB) Wednesday signed a tripartite agreement on 'Rules of Alternative Dispute Resolution (ADR) Mechanism' for the country's shrimp sector. BFFEA President...
Rezaul Karim | 2014-05-01 00:00:00
The government has planned to construct ten dormitories in the country's export processing zone (EPZ) areas in a bid to solve the long-standing housing problems of female RMG workers. "The authorities concerned are going to build the dormitories for the...
COLOMBO, Apr 30 (Reuters): Sri Lanka's annual inflation rate in April was 4.9 per cent, edging up from a 25-month low hit the previous month, the Department of Census and Statistics said on Wednesday. Annual average inflation, measured on a...
FHM Humayan Kabir Foreign aid commitments plunged by 46 per cent until third quarter of the current fiscal compared to that of the same period of last fiscal, officials said Wednesday. Economic Relations Division (ERD) data showed that the development...
BEIJING, Apr 30 (Xinhua): Sinopec and its partner China Huadian Corporation have reached a deal to buy liquefied natural gas (LNG) from a Canada-based LNG project operated by Petronas of Malaysia, Sinopec announced on Wednesday. Sinopec and its Chinese partner...
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