Bangladesh Bank (BB) Governor Dr Atiur Rahman on Saturday suggested all authorities concerned to strengthen coordination among them to combat terror financing through money laundering. He was addressing a workshop on "Recent Development on AML/CFT Regulation and Mutual Evaluation Preparation"...
Khairul Islam | 2014-01-26 00:00:00
Employment in the government sector remains almost stalled for the last six months due to the nationwide political volatility, frustrating the job aspirants and their family members. The frustrated job-seekers even don't see any immediate hope of relief from the...
Md Shah Jahan | 2014-01-26 00:00:00
Biman Bangladesh Airlines is going to organise a two-day 'old and new airplane' ceremony to bid farewell to the DC-10 and receive a brand new Boeing 777-300ER on February 8-9, a top official said. The national flag carrier will receive...
BGAPMEA financial help for 20 families of burn victims Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) Saturday gave financial assistance to some families of burned people who are victims of recent political turmoil. BGAPMEA president Rafez Alam...
Shamsul Huda | 2014-01-26 00:00:00
Opening of letters of credit (LCs) may hit snags in getting 'add confirmations' (third party guarantee) as some banks are already under pressure to deal with their clients, banking sources said. A senior banker of a new commercial bank said...
FE Report | 2014-01-26 00:00:00
The government is going to set up a modern flour mill at Postogola in the city soon, official sources said. The ministry of food (MoF) has asked the directorate of food to submit a work plan in this connection shortly....
FE Report | 2014-01-26 00:00:00
International Customs Day (ICD) 2014 will be observed throughout the country today (Sunday) with the slogan "Communication: sharing information for better cooperation." The National Board of Revenue (NBR) has taken up various programmes to observe the day, officials said. International...
BEIJING, Jan 25 (Xinhua): China's domestic rating agency Dagong on Friday downgraded the rating outlook of the Republic of the Philippines from stable to negative. Ratings for the country's domestic currency and foreign currency sovereign credit were both maintained at...
BEIJING, Jan 25 (Xinhuanet): China's monetary authorities may tax individual foreign exchange transactions when necessary to curb speculation as China is still facing high capital inflows. The Tobin tax may be introduced to control cross-border money flow as a relatively...
Prime Minister Sheikh Hasina on Sunday urged the Chinese entrepreneurs to invest more in Bangladesh, particularly setting up of new power plants in special economic zones. The Prime Minister came up with the call when a Chinese delegation, led by...
DAVOS, Jan 25 (AFP): The strength of ASEAN is at its greatest when members work together, Southeast Asian countries said on Friday at a panel discussing the future of the regional bloc amid ongoing territorial spats with China. "We are...
DAVOS, Jan 25 (AFP) : Fears of economic instability due to the slowing of massive monetary stimulus policies are unwarranted, top central bankers said on Friday, amid accusations that the easy money has won only a timid recovery. "Normalisation from...
WASHINGTON, Jan 25 (AFP): Argentina's sharp devaluation of its currency was necessary but the move could fuel its already-high inflation and increase the fiscal deficit, posing the government tough new policy challenges. Still unable to tap global capital markets for...
PARIS, Jan 25 (AFP) : Moody's held its French credit rating at Aa1 Friday but maintained a negative outlook, days after President Francois Hollande announced a batch of business-friendly measures to fire up growth. The US agency affirmed the bond...
NEW YORK, Jan 25 (AFP) : Apple is considering launching a mobile-payments service for its iPhone and iPad, which would compete with major players such as PayPal, The Wall Street Journal said Friday. The newspaper, citing sources familiar with the...
OSLO, Jan 25 (Reuters) : The reliability of Boeing's 787 Dreamliner is slowly improving but it is still not at a satisfactory level and the firm is working to improve the jet's performance, Mike Fleming, Boeing's vice president for 787...
NEW YORK, Jan 25 (Reuters): Wal-Mart Stores Inc said on Friday it had cut 2,300 jobs, or roughly 2 per cent of the total workforce at its Sam's Club retail warehouse chain, its biggest round of layoffs since 2010. The...
LONDON, Jan 25 (AFP) : Oil prices endured a roller-coaster week, with an upbeat economic growth forecast for the world economy giving way to concerns over Chinese output. Commodity markets traders balanced the IMF's global growth forecast upgrades against news...
Raihan M Chowdhury and Mohammad Ali | 2014-01-26 00:00:00
Some leaders of the shipbuilding industry have demanded of the government to immediately endorse the drafted policy and act for the sector, facilitating it to capitalise on its tremendous prospects locally and globally. They said that particular business-friendly policy and...
The 1st conference- 2014 of Regional and Corporate Branch Managers of Pubali Bank Limited was held at bank's head office Saturday. Hafiz Ahmed Mazumder, Chairman, Board of Directors of Pubali Bank Limited was present as chief guest. Directors of Pubali...
Our Correspondent | 2014-01-26 00:00:00
CHITTAGONG, January 25: The day-long ACCA fair 2014 (Association of Chartered Certified Accountants) concluded today at Chittagong Press Club. Managing Director of Chittagong Stock Exchange (CSE) Syed Sajid Hossain, formally inaugurated the fair. He emphasized on the code of ethics...
NAV of MTB Unit Fund disclosed The total NAV of MTB Unit Fund stood at Tk 348,567,566.34 on the basis of cost price and Tk 378,360,504.09 on the basis of market price at the close of business operation on 23...
Mohammad Mufazzal | 2014-01-26 00:00:00
A giant Swiss bank-Pictet-is looking at the progress of Bangladesh's capital markets in a bid to make investment in a bigger way, officials said. Some top officials of the bank last week sat with the securities regulator, premier bourse and...
Bangladesh's telecom regulator BTRC says it is yet to receive any application from private mobile operator Airtel which is reportedly planning to sell off its tower network in the country to boost its cash reserves, reports bdnews24.com. The 'Times of...
Our Correspondent | 2014-01-26 00:00:00
CHITTAGONG, January 25: The annual general meeting of Jamuna Oil Co Ltd was held at a hotel in the city today. The meeting was presided over by Md Abu Taher, chairman, board of directors of the company who is also...
SEOUL, Jan 25 (Reuters): Samsung Electronics Co Ltd , under pressure to appease investors who have berated it for hoarding the spoils of rapid growth, has pledged to hand out even more profit after almost doubling its full-year dividend to...
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