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Govt forms advisory panel with representatives from trade bodies

Talha Bin Habib | 2014-03-13 00:00:00

The government has formed an advisory committee with the representation of different trade bodies to promote the country's businesses. The 25- member committee in the private sector will give suggestions to the commerce minister for promoting country's trade, commerce and...

Persons in civil admn need proper knowledge about defence, says PM

2014-03-13 00:00:00

Prime Minister (PM) Sheikh Hasina has underscored the need for having proper knowledge about the defence and the national security by the persons in the civil administration, reports UNB. The PM expressed this view while addressing the 15th joint meeting...

3 high-ups suspended, 8 more held

2014-03-13 00:00:00

Three high officials of Sonali Bank Ltd (SBL) have been suspended in connection with the looting of Tk 3.08 million from its Adamdighi branch in Bogra district. The action was taken against Sonali Bank General Manager (Head Office) Hasan Iqbal,...

HC exonerates two dailies, 8 journos from contempt rule

2014-03-13 00:00:00

The High Court exonerated on Wednesday eight journalist leaders from contempt of court charge as they appeared before it in compliance with its summons, reports UNB. Passing the order, an HC division bench comprising Justice Naima Haider and Justice Zafar...

Photo: Activists of Gonoshonghoti Andolon trying to cross a barricade

2014-03-13 00:00:00

Investors confused over actual rate of deduction

Doulot Akter Mala | 2014-03-13 00:00:00

Deduction of taxes on profit gains from the government's savings tools has created confusion among the investors concerned as the provision regarding the actual tax liability has not been well-defined. A number of small savers have already raised the issue...

Quicken execution of PPP projects : PMO

Syful Islam | 2014-03-13 00:00:00

The Prime Minister's Office (PMO) has directed the ministries and departments concerned to put best efforts for quicker implementation of public-private partnership (PPP) projects, officials have said. It has also asked them to save the time of project implementation by...

Photo: FARO, (Portugal): Japan\\\'s midfielder Homare Sawa (R)

2014-03-12 00:00:00

Investors remain inactive

FE Report | 2014-03-12 00:00:00

Dhaka stocks closed positive Tuesday with turnover hitting two-month low as investors apparently restrained themselves from active participation amid volatile market outlook. The market saw choppy trading in first part of the session, but rest of the session it went...

Success of SME financing encouraging

FE Report | 2014-03-12 00:00:00

At a time of slow credit growth in the banking industry, SME financing has recorded remarkable growth led by the country's SME-heavy banks, banking sources said. With success in SME disbursement, Bangladesh Bank has increased SME loan disbursement target to...

News Brief

2014-03-12 00:00:00

New MD of Prime Insurance Ms Mohammadi Khanam has been appointed as Managing Director of Prime Insurance Company Ltd. Prior to joining this new post she was the Additional Managing Director of Prime Insurance Company Ltd. Ms. Mohammodi Khanam, ABIA,...

Photo: Eastern Bank Limited

2014-03-12 00:00:00

Photo: CAPM Financial Training Institute (CFTI)

2014-03-12 00:00:00

Distributors should set up own plant

FE Report | 2014-03-12 00:00:00

Demand for motorcycle in Bangladesh market is significantly rising thanks to the gradual increase in necessity of the people to use the motorbikes, a two-wheeler business man said.  "The increasing necessity of the motorbikes is also clearly indicating high demand...

Talent hunt competition-\\\'Marks All-rounder 2014\\\' to begin soon

FE Report | 2014-03-12 00:00:00

A talent hunt competition "Marks All-rounder 2014" is again going to be held across the country aims to provide a platform for the school students to flourish their talents. Sponsored by Marks Full Cream Milk Powder, a brand of Abul...

US firm buys Man United shares

2014-03-12 00:00:00

NEW YORK, Mar 11 (BBC): US investment firm Baron Capital has bought a quarter of all Manchester United shares available on the New York Stock Exchange, it has been revealed. The company now owns 24 per cent of all shares...

New DMD of NBL

2014-03-12 00:00:00

Syed Mohammad Bariqullah has recently been promoted as the Deputy Managing Director of the National Bank Limited. He joined the bank in 2008 as Senior Executive Vice President. He is the Chief Risk Officer and supervises the segment of Risk...

e-filing launched

FE Report | 2014-03-12 00:00:00

The journey of e-filing instead of paper documents has started in ministry level in the country. The Information and Communication Technology (ICT) division introduced the activities at entire office from Tuesday. In presence of the ICT Adviser to the Prime...

Spot trading

2014-03-12 00:00:00

 Trading of the shares of Sinobangla Industries Limited will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from 12.03.2014 to 16.03.2014. Trading of the shares...

Photo: Mercantile Bank Limited (MBL)

2014-03-12 00:00:00

Photo: 2nd Crown Cement Badminton Tournament

2014-03-12 00:00:00

Remain alert to foil plot against RMG sector

FE Report | 2014-03-12 00:00:00

Commerce Minister Tofail Ahmed Tuesday called upon owners and workers to remain alert against any conspiracy to foil the success of the country's readymade garment (RMG) sector. Pointing to some quarters, who are not cordially taking the RMG sector's success...

Poverty incidence down by 36pc in coastal belt

FE Report | 2014-03-12 00:00:00

Poverty incidence has come down by 36 per cent in the cyclone affected areas of the coastal belt of Bangladesh after implementation of a livelihood and life restoration programme jointly by the government and World Bank (WB), said a project...

Bangladesh IT Talent Contest 2014 concludes

2014-03-12 00:00:00

Expatriates' Welfare and Overseas Employment Minister Engr Khandker Mosharraf Hossain said training institutes will be set up in every upazila of the country to develop people as skilled manpower and prepare themselves for the global job market. Meanwhile, a total...

ECNEC makes upward revision of 3rd Karnaphuli bridge project

FE Report | 2014-03-12 00:00:00

The government's highest economic policy-making body ECNEC made an upward revision of the 3rd Karnaphuli Bridge project by nearly 50 per cent to Tk 6.51 billion Tuesday due to failure of its implementation on time. Presided over by the Prime...

Microsoft, Tech One Global launches Office 365

2014-03-12 00:00:00

Microsoft Bangladesh and Tech One Global jointly arranged a programme at a city hotel recently for the official launching of Office 365, said a press statement. County Manager of Microsoft Bangladesh Pubudu Basnayake and Country General Manager of Tech One...

China to experiment with pvt banks

2014-03-12 00:00:00

BEIJING, Mar 11 (AFP): China will launch a trial programme for private firms to set up banks, the country's banking regulator said Tuesday, with Internet giants Tencent and Alibaba reportedly among the first applicants. Most Chinese lenders are state-controlled and...

Emerging economies holding back global recovery: OECD

2014-03-12 00:00:00

PARIS, Mar 11 (Reuters): The recovery in developed economies is on track although slowing activity in big emerging markets means global growth will be only moderate at best in the near term, the OECD said on Tuesday. Exceptionally bad winter...

News Briefs

2014-03-12 00:00:00

Hilsa management high on agenda of Dhaka-Delhi meeting Bangladesh and India will discuss some specific issues over the management of hilsa and other trans-boundary species at the first meeting of the Joint Working Group (JWG) on fisheries cooperation, beginning in...

Photo: Eastern Bank Limited

2014-03-12 00:00:00