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Top US diplomat in Kiev for talks

2014-02-06 00:00:00

Ukrainian protesters lambasted parliament on Thursday for its lack of action, and a senior US diplomat arrived in Kiev to try to help find a resolution to the country's grinding political crisis. Assistant Secretary of State Victoria Nuland met separately...

Save our RMG sector

2014-02-06 00:00:00

Periodic violence in our ready-made garments sector is indeed alarming. It is really a bad sign for our economy as we are heavily dependent on this sector. Any wrong step from any quarters may prove costly for us. Political instability...

Curbing financial frauds and political interference in SoBs

Akbaruddin Ahmad | 2014-02-06 00:00:00

Bangladesh's financial sector has been plagued with mismanagement, inefficiency, frauds and forgeries that require reform measures to be undertaken from time to time. The worst performing segment of the financial sector has been the state owned banks (SoBs) viz., Sonali,...

Working towards sustainable development

Abu Taher | 2014-02-06 00:00:00

The Rana Plaza tragedy at Savar in Dhaka last year that had claimed lives of about 1,200 garment workers had sent a shock wave across the world. While the buyers in Europe, Australia, Canada and the U.S. were considering the...

Govt revenue from DSE marks 10pc rise

Babul Barman | 2014-02-06 00:00:00

The government's revenue earnings from the Dhaka Stock Exchange (DSE) rose 10 per cent in the first seven months of the current fiscal year (FY), compared to the same period of last FY as the trading volume increased. The government...

Turnover dips 18.67pc

FE Report | 2014-02-06 00:00:00

Stocks ended flat Wednesday amid volatile trading with turnover dropped further as investors continued to book profit on large cap stocks. The prime index of the Dhaka Stock Exchange (DSE) --- DSEX --- went up slightly by 1.95 points or...

Share trading of Pharma Aids suspended

FE Report | 2014-02-06 00:00:00

Dhaka Stock Exchange (DSE) Wednesday suspended the share trading of Pharma Aids as the Company has created obstructions for DSE official while carrying out its normal activities in relation to listed companies, officials said. A show-cause notice has also been...

News Brief

2014-02-06 00:00:00

New DMD of AB Bank Mr. Sajjad Hussain has joined AB Bank as its Deputy Managing Director - Head of Operations and Chief Risk Officer. Prior to his new assignment, he was serving Dhaka Bank Limited as Deputy Managing Director...

News Brief

2014-02-06 00:00:00

New DMD of RAKUB Dr. Nazmul Bari has been appointed as Deputy Managing Director (DMD) of Rajshahi Krishi Unnayan Bank. Prior to his promotion, he was a General Manager of Bangladesh Development Bank Limited. He did PhD in Economics. He...

Photo: Bank Asia

2014-02-06 00:00:00

Govt officials invite trouble taking FF certificates

2014-02-06 00:00:00

The Anti Corruption Commission (ACC) on Thursday decided to launch probes against the secretaries and top officials of the government who took freedom fighter (FF) certificates prior to their retirement. The Commission at its regular meeting today decided to conduct...

Photo: The WASA bill collection booth of Premier Bank

2014-02-06 00:00:00

Sensex gains as blue chips recover

2014-02-06 00:00:00

MUMBAI, Feb 5 (Reuters): The Sensex and the Nifty rose on Wednesday after hitting a four-month low in the previous session as blue chips such as Tata Motors recovered on value-buying, although the outlook remains cautious given continued selling by...

Europe shares halt 2-week selloff in technical rebound

2014-02-06 00:00:00

PARIS, Feb 5 (Reuters): European stocks inched up in early trade on Wednesday, halting a two-week selloff, although concerns about global growth and emerging market currencies kept investors on edge. At 1149 GMT, the FTSEurofirst 300 index of top European...

Panasonic shares soar 15pc after return to profit

2014-02-06 00:00:00

TOKYO, Feb 5 (AFP): Panasonic shares rocketed 15 per cent Wednesday morning after the struggling Japanese electronics giant said it swung into the black with a $2.4 billion profit in the nine months to December. The Tokyo-listed shares soared to...

Nikkei bounces from four-month low

2014-02-06 00:00:00

TOKYO, Feb 5 (Reuters): The Nikkei average climbed more than 1 per cent on Wednesday, bouncing from a four-month low hit the previous day, as investors scooped up recently battered stocks like Panasonic and Toyota Motor following strong earnings results....

Hong Kong shares fall

2014-02-06 00:00:00

HONG KONG, Feb 5 (Reuters): Hong Kong shares finished at seven-month lows on Wednesday, pressured by a reversal of early gains for the Macau casino sector after monthly revenue data disappointed investors. The Hang Seng Index ended down 0.6 per...

CCIFB condolence

2014-02-06 00:00:00

France Bangladesh Chamber of Commerce & Industry (CCIFB) deeply condoled the sad demise of Mr. M R A Taha, Chairman of Remex Corporation Ltd. "We will always remember him with great fondness and gratitude, for the help and support which...

Bikroy.com offer to win Samsung S4 every week

2014-02-06 00:00:00

Country's leading online market place Bikroy.com, is offering its sellers the chance to win a Samsung S4 every week. To participate in this competition user need to post free advertisement of used sports items and like the Bikroy.com facebook fanpage.

IPO DIARY

2014-02-06 00:00:00

Photo: The Annual Conference\\\' 2014 of Peoples Insurance Company Limited

2014-02-06 00:00:00

Photo: Social Islami Bank Limited

2014-02-06 00:00:00

Photo: Jamuna Bank

2014-02-06 00:00:00

HC orders arrest of Jubo League leader

2014-02-05 00:00:00

The High Court on Wednesday asked police to arrest a Jubo League central leader for not appearing before it despite frequent summons. The court ordered officer-in-charge of Ramna Police Station to arrest Jubo League leader Shoeb Chowdhury, also president of...

Good politics may lead to a better economy

Mizanur Rahman Shelley | 2014-02-05 00:00:00

Two vital questions confront Bangladesh in the aftermath of the January 05 national elections. Will there be another election within a short period? The other question is: what will be the impact on our economic stability and development if such...

Afghan presidential poll campaign begins amidst violence

2014-02-05 00:00:00

The campaign for the April 05 presidential elections in Afghanistan has begun amidst polls-related violence in one hand and perennial fighting in the country involving the NATO (North Atlantic Treaty Organisation) and government troops with the Islamic militants, on the...

Importance of capital market development programme

2014-02-05 00:00:00

The Asian Development Bank (ADB) has, reportedly, agreed to make available the second tranche of its $300 million fund it had committed for development of the country's capital market. An ADB mission visited Bangladesh last month to review the progress...

What\\\'s to do with bumper potato harvest?

Rahman Jahangir | 2014-02-05 00:00:00

Farming in Bangladesh now appears to be a double-edged razor. It cuts the country's farmers both ways. At times of bumper harvests, they cannot recover even the cost of production because of a sharp drop in prices of their produce....

Increasing salinity damages fertile farmlands

Yasmin Reema | 2014-02-05 00:00:00

The agriculture minister recently told parliament that salinity intruded into about 1.65 million hectares of lands. During the last 40 years, a total of 2.3 million hectares came under salinity scourge. From 2002 up to this time, 0.39 per cent...

Unruly BCL and turmoil at RU

2014-02-05 00:00:00

People are shocked to see the criminal activities by the Bangladesh Chhatra League activists. Now, the ruling party leaders are trying to shift their responsibility to one of the big opposition party, BNP. Although it is not new, it is...