FE Today Logo

Search results for:


DSE turnover dips 35pc

FE Report | 2014-04-28 00:00:00

Stocks slipped into the red Sunday, snapping a six-session winning streak with declining turnover as investors booked some profit on multinational corporations and banking stocks. The market opened with an uptrend but lost momentum after the first 30 minutes of...

IDLC Investments to act as lead Issue Manager of SM Knitwears

2014-04-28 00:00:00

SM Knitwears Limited has recently signed an agreement with IDLC Investments Limited and Royal Green Capital Market Limited to raise capital through Initial Public Offering. IDLC Investments Limited will act as Lead Issue Manager and Royal Green Capital Market Limited...

SEBI\\\'s consent settlements dip with tightening of norms

2014-04-28 00:00:00

NEW DELHI, Apr 27 (The Hindu): The number of cases being settled in the capital market through consent settlement mechanism seem to have come down significantly, with regulator SEBI agreeing to settle only 36 such cases last fiscal. The Securities...

IPO Diary

2014-04-28 00:00:00

Photo: 1st Managers\\\' conference-2014 of Chittagong Region of Pubali Bank Limited

2014-04-28 00:00:00

Photo: Modhumoti Bank Limited (MMBL)

2014-04-28 00:00:00

Ticfa to open new horizon in BD-US trade, investment ties

FE Report | 2014-04-28 00:00:00

Terming the Trade and Investment Cooperation Forum Agreement (Ticfa) as primary mechanism for the US and Bangladesh to discuss trade and investment issues, Michael J Delaney, head of the US delegation for the first meeting on Ticfa, Sunday said it...

WB to finance solar mini grids in rural areas

FE Report | 2014-04-28 00:00:00

The World Bank (WB) will finance renewable energy-based mini grids in remote rural areas to produce one megawatt electricity through its second phase of Rural Electrification and Renewable Energy Development (RERED II) Project. "The RERED II project is supporting renewable...

Jamuna Bank, Progoti Systems sign \\\'SureCash Mobile Financial Services\\\' deal

2014-04-28 00:00:00

Jamuna Bank has joined SureCash mobile financial services network to deliver mobile banking and payment services to its customers under the Jamuna SureCash brand name, according to a press statement. Using the service, a customer of the bank can open...

BD to be a \\\'developed country\\\' soon

2014-04-28 00:00:00

Environment and Forest Minister Anwar Hossain Manju has expressed the hope that the country would be a developed nation soon as it has achieved tremendous success in many sectors after the Independence. "We will turn into a developed economy soon...

Migration, development top agenda as global experts gather in city today

FE Report | 2014-04-28 00:00:00

Experts from more than 50 countries will gather today in Dhaka to discuss migration and development issue, putting spotlight on mobility in the post-MDG period. In the two-day meeting, technical experts and representatives from the key ministries of member states,...

News Briefs

2014-04-28 00:00:00

Runner Motors opens training institute for employees Runner Motors Ltd, a local motorbike manufacturer, has opened a training institute to train the company's employees, the company has said. Hafizur Rahman Khan, chairman of parent Runner Group, and Anurag Vohra, vice...

Photo: NRB Bank

2014-04-28 00:00:00

Sharp rise in reconditioned car sales

Shah Alam Nur | 2014-04-28 00:00:00

Sales of imported reconditioned cars have marked a significant rise over the last couple of months thanks to the decline in their import cost following depreciation of the US dollar and Japanese yen against the local currency.        Sources said now...

US, Malaysia vow to promote bilateral ties

2014-04-28 00:00:00

PUTRAJAYA, Apr 27 (Xinhua): US President Barack Obama and Malaysian Prime Minister Najib Razak pledged here Sunday to promote bilateral ties between the two countries, while some issues remained to be resolved in the Trans-Pacific Partnership Agreement (TPP) negotiation. During...

Local co to invest $4.03m in Ishwardi EPZ

2014-04-28 00:00:00

M/s Renaissance Barind Limited, a Bangladeshi company, will set up a readymade garment (RMG) industry involving US$4.03 million in Ishwardi Export Processing Zone (EPZ). In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s...

exchange rate

2014-04-28 00:00:00

Deal fever hits global pharma sector

2014-04-28 00:00:00

NEW YORK, Apr 27 (AFP): Global pharmaceutical companies facing major patent expirations have announced billions of dollars of transactions in a wave of deal-making that could ultimately include mega-mergers and hostile takeovers. On Tuesday, Switzerland's Novartis, GlaxoSmithKline of Britain and...

Photo: Noted Writer and President of Society for the Popularisation of Science, Bangladesh (SPSB) Prof Dr Muhammed Zafar Iqbal speaking

2014-04-28 00:00:00

Call to shield creative sectors from piracy

DU Correspondent | 2014-04-28 00:00:00

Intellectual Property Association of Bangladesh (IPAB) on Sunday observed the 'World Intellectual Property Day 2014' with a call to keep artistic and creative works from being pirated. The association organised a gathering on the Dhaka University (DU) campus to mount...

Labourers assured of wage hike

2014-04-28 00:00:00

CHAPAINAWABGANJ, Apr 27 (BSS): Shipping Minister Shajahan Khan, MP, said Sunday Sonamasjid Land Port had been playing a vital role in the economy of the country. The minister  was exchanging views with businessmen, transport owners and workers and labourers of...

‘Russian Zuckerberg’ quits homeland with parting shot

2014-04-28 00:00:00

MOSCOW, Apr 27 (AFP):  Imagine if Facebook boss Mark Zuckerberg suddenly announced he was resigning, only to reveal days later it was only a joke. And then was forced out a month later after all. And imagine if Zuckerberg claimed...

Carmakers promise Chinese drivers a breath of fresh air

2014-04-28 00:00:00

BEIJING, Apr 27 (AFP):  Air that's cleaner inside your car than on the outside -- in smog-weary China it's an attractive sales pitch, and the world's biggest automakers are racing to cash in. To drive the point home, thick smog...

Siemens weighs in as GE prepares Alstom power deal

2014-04-28 00:00:00

PARIS,  Apr 27 (Reuters) : Alstom's arch rival Siemens wants talks with the struggling French engineering group, the German company said on Sunday, the day General Electric boss Jeff Immelt is due in Paris to thrash out a deal to...

News in Brief

2014-04-28 00:00:00

Obama pushes again for minimum wage increase WASHINGTON, Apr 27: President Barack Obama is again encouraging Congress to pass a bill raising the minimum raise to $10.10 an hour. In his weekly radio and Internet address, Obama says increasing the...

Rice prices mark record high despite good output

Yasir Wardad | 2014-04-28 00:00:00

The recent hike in rice prices has almost touched the past record of the financial year 2007-8, the period marked by global recession, which was all time high in the country's history, officials said. They said prices of coarse rice...

Thailand to benefit from growing world rice demand

2014-04-28 00:00:00

THAILAND, Apr 27 (asiaone):   Despite climatic shifts and natural disasters plaguing some rice producing countries, the 2013 season has produced more rice than expected, adding to the ninth straight year of rice surplus or 'carry over,' the UN's Food and...

EU wheat extends gains as Ukraine tensions build

2014-04-28 00:00:00

PARIS, Apr 27 (Business Recorder): European wheat futures extended gains on Friday to reach a one-week high as growing tensions in eastern Ukraine raised the threat of disruption to the key Black Sea export region. Russia warned Kiev on Friday...

South Koreans crave Asia’s smelliest fish

2014-04-28 00:00:00

MOKPO, South Korea, Apr 27 (AP): The aroma of one of South Korea's most popular delicacies is regularly compared to rotting garbage and filthy bathrooms. And that's by fans. The unusual dish is typically made by taking dozens of fresh...

Global Commodity Prices

2014-04-28 00:00:00