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KFC National Women\\\'s Football kicks off Apr 30

2014-04-25 00:00:00

The 5th edition KFC National Women's Football Championship will kick off on April 30 at different venues in the country, reports UNB. In the opening day of the meet, the two teams of the Karnaphuli Zone, Khagrachhari District will face...

Narail emerge new champion

2014-04-25 00:00:00

Narail emerged as the new champions in the Walton Smart TV Inter-district Volleyball Tournament beating Pabna by 25-18, 25-23, 18-25, 25-15 points in the final at Dhaka Volleyball Stadium in the city Thursday, reports UNB. Secretary General of Bangladesh Olympic...

Zia loses to Rinat in Asian Chess

2014-04-25 00:00:00

Bangladeshi GM Ziaur Rahman lost to GM Jumabayev Rinat of Kazakhstan in the 7th Round Open Section match of the Asian Continental Chess Championships held in Sharjah, UAE Wednesday, reports UNB. Zia played with white pieces used London Colle systems...

Nadal wins

2014-04-25 00:00:00

BARCELONA, Apr 24 (AFP): Rafael Nadal began his bid for a record ninth title at the Barcelona Open Wednesday with a 7-6 (7/2), 6-4 defeat of journeyman Albert Ramos with his chances also boosted as four-time finalist David Ferrer crashed...

Legal barriers create obstacles in trading odd-lot shares

Mohammad Mufazzal | 2014-04-25 00:00:00

Investors, having odd-lot of shares of listed companies, are facing problems to sell such stocks mainly due to their poor demand coupled with the existing legal barriers, people close to share market said. The situation for the odd-lot shareholders of...

BSRM Steels okays 15 per cent cash dividend

2014-04-25 00:00:00

BSRM Steels Limited has approved 15 per cent cash dividend for its shareholders. The approval came at its 12th annual general meeting (AGM) at the Institution of Engineers, Bangladesh, Chittagong Centre on Thursday, said a press statement. On the occasion,...

DSEX crosses 4,700 points-mark

FE Report | 2014-04-25 00:00:00

Stocks edged marginally up Thursday for the sixth running session with further improvement in turnover as investors opted for quick profit taking advantage of shortened settlement period. During the day, the prime index of the Dhaka Stock Exchange (DSE) --...

Mobile operators demand VAT waiver

FE Report | 2014-04-25 00:00:00

Country`s cellular phone operators at a meeting with the National Board of Revenue (NBR) have demanded waiver of Value Added Tax (VAT) on mobile financial service in order to make it popular and affordable to rural people. The operators also...

News Brief

2014-04-25 00:00:00

CIPFA makes debut in BD Chartered Institute of Public Finance and Accountancy (CIPFA) has established its presence in Bangladesh. It is the only professional accountancy body in the world to specialise in public finance, said a statement. Improving the skills...

Photo: United Commercial Bank Limited (UCB)

2014-04-25 00:00:00

Photo: ONE Bank Limited

2014-04-25 00:00:00

HC asks BSEC chief, others to appear

FE Report | 2014-04-25 00:00:00

The High Court (HC) has asked the chairman and all commissioners of the securities regulator to appear before the court personally or through lawyers, as they did not do it to provide information regarding the winding-up of Padma Cement, the...

KBCCI AGM held

2014-04-25 00:00:00

The Annual General Meeting (AGM) 2014 of Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) was held recently in the city. The AGM was chaired by Mr. Do-Kee (Harry) Park, Chief Executive Officer (CEO) of KBCCI.  Mr. Lee Yun-young, Ambassador of...

Apple, Facebook results buoy world shares

2014-04-25 00:00:00

LONDON, Apr 24 (Reuters): Global stocks rose on Thursday lifted by upbeat earnings from tech heavyweights Apple and Facebook which helped shake off some of the concerns about overheating that have dented the sector in recent weeks. Wall Street and...

European stocks rebound on upbeat earnings

2014-04-25 00:00:00

LONDON, Apr 24 (AFP): European stock markets rebounded on Thursday as traders reacted to a string of earnings updates, data pointing to further easing of eurozone economic strains, and fresh takeover speculation. Indices won a boost in particular from well-received...

HK shares end higher

2014-04-25 00:00:00

BEIJING, Apr 24 (Reuters): Hong Kong shares posted modest gains on Thursday, helped by a strong rebound in some telecoms shares after the previous session's sell-off, and by company results. The Hang Seng Index closed up 0.2 per cent at...

ICB AMCL discloses NAV of MFs

2014-04-25 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on April 23, 2014, said a...

ICB AMCL discloses NAV of four funds

2014-04-25 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of four open-end mutual funds (MFs) at the close of business operation on April 23, 2014, said...

Muhith urges businessmen to help expedite growth

2014-04-25 00:00:00

Finance Minister AMA Muhith has urged the businessmen to contribute more for having growth in revenue by one per cent in every year during the coming five years. "I request the private sector to increase growth by one per cent...

Govt to set up solar power plants: PM

2014-04-25 00:00:00

Prime Minister (PM) Sheikh Hasina said on Thursday her government has a plan to set up solar-based power plants in the country to meet growing demand of electricity, reports UNB. "We've already given highest emphasis to producing electricity from renewable...

BoC boosts Q1 profit

2014-04-25 00:00:00

HONG KONG/SHANGHAI, Apr 24 (Reuters): Bank of China (BoC) , the country's fourth-largest lender by market value, posted a higher-than-expected 13.9 per cent rise in first-quarter net profits as net interest margins widened and its capital ratio improved. BoC's higher...

News Briefs

2014-04-25 00:00:00

New body on tourism promotion formed A seven-member executive committee (EC) of 'Kache Esho' has been formed with Prof Md Zahirul Haque Bhuiyan, Md Abdul Khaleque and Kazi Enayet Hossain as its president, general secretary and treasurer respectively. 'Kache Esho'...

Photo: BGMEA, BKMEA and BTMA brought out a joint condolence procession

2014-04-25 00:00:00

Women entrepreneurs for separate industrial zone

FE Report | 2014-04-25 00:00:00

Women entrepreneurs at a discussion Wednesday placed a set of proposals for development of women entrepreneurship, including setting up separate industrial zone, providing collateral-free loans with single-digit interest rate, and ensuring proper training. They also called upon the government to...

ILO DDG for tripartite talks to avoid disputes

FE Report | 2014-04-25 00:00:00

Deputy Director General of International Labour Organisation (ILO) Gilbert Fossoun Houngbo stressed Wednesday continuation of tripartite dialogue to avoid industrial disputes and make the stakeholders understand the importance of unionism. On the other hand, apparel makers expressed the view that...

Photo: Prime Bank

2014-04-25 00:00:00

exchange rate

2014-04-25 00:00:00

US sees important progress in garment sector

2014-04-25 00:00:00

The US government has acknowledged the significant progress that has been achieved through coordinated efforts by the government to protect worker rights and ensure workplace safety and standards since the Rana Plaza tragic accident a year ago, reports BSS. "In...

PM calls for more Uzbek investment

2014-04-25 00:00:00

Prime Minister Sheikh Hasina has called upon the Uzbek entrepreneurs to set up agri machinery and transport-manufacturing industries in Bangladesh assuring all-out government support to this end, reports BSS. The Prime Minister came up with the request when the visiting...

Spain shows fastest growth in six years: Central bank

2014-04-25 00:00:00

MADRID, Apr 24 (AFP): Spain's economy grew at the fastest rate in six years in the first quarter of 2014 as it pulled out of a long, job-destroying downturn, the central bank said in a preliminary estimate Thursday. The eurozone's...