ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has disclosed net asset value (NAV) of different mutual funds. The total NAV of different mutual funds managed by the ICB AMCL at the close of...
MUMBAI, Dec 21 (Business Standard): India's benchmark shares indices ended over 3 per cent higher Wednesday, snapping a five-day losing streak, on the back of shortcovering, with Reliance Industries and financials leading the gains. The 30-share Sensex provisionally ended at...
LG Electronics, the world's leading consumer electronics supplier, is entering the mobile handset market of Bangladesh as the country has, the company believes, an important and strategic marketplace in South Asia region. The company will launch handsets-- both featured and...
FE Report Minister for Environment and Forest Dr. Hasan Mahmud urged realtors to go to upazilas and villages with multistoried housing plan for the rural people, which can prevent excessive use of arable land. The minister said every year one...
FE Report State Minister for Women and Children Affairs Dr Shirin Sharmin Chaudhury Wednesday assured the business community of the country of persuading the government for relaxing the existing provision about bank loans for ensuring greater access to capital of...
The country will get services waiver within eight months as the committee on Trade and Development of the World Trade Organisation (WTO) is going to take steps to detail out regulations of the services waiver. Civil Aviation and Tourism Minister...
FE Report State Minister for Power and Energy Muhammad Enamul Huq justified Wednesday the government decision to award three coal-fired power plants to generate electricity with imported coals saying local coals will meet country's future demand. "We have to keep...
FRANKFURT, Dec 21 (AFP): Germany intends to borrow up to 250 billion euros ($329 billion) from the markets in 2012, less than this year's level, the government's financing agency said Wednesday. "The annual preview of government issuance in 2012 contains...
WASHINGTON, Dec 21 (AFP): Stalling economies, crumbling assets, tough new capital rules and shrinking avenues to make money paint a rough year ahead for banks on both sides of the Atlantic. That spells bad news for the economies that depend...
SINGAPORETOKYO, Dec 21 (Reuters): Credit Suisse is buying HSBC's private banking business in Japan, raising its profile in the world's third-largest economy where it began onshore private banking just two years ago. HSBC, Europe's biggest bank, said the value of...
The Benchmark General Index DGEN continued its upward rally for the third consecutive day gaining more than 74 points. The optimistic statement by Bangladesh Bank (BB) regarding the macroeconomic standing of the country boosted risk apatite in the marketplace. BB...
FE Report Energy crisis and poor infrastructure are the main constraints to the expected level of economic growth in the South Asian countries, speakers at a panel discussion said Wednesday. They also sought regional cooperation and mutual understanding, saying that...
There was a stronger demand with blenders being more active this week, particularly for the good liquoring varieties. A bright feature of the sale was the renewed interest for medium and larger broken grades which saw fair price appreciation. Loose...
United Airways (BD) Limited, the country's only capital market listed company, will start flying on Dhaka-Muscat route from third week of next month, reports UNB. "We've already obtained the permission from Muscat Civil Aviation Authority to operate in the route...
SHANGHAI, Dec 21 (Reuters): China on Wednesday warned about the risks of importing Iranian iron ore, the second major commodity from the sanctions-hit Islamic Republic under scrutiny as the two also tussle over oil payment terms. The warning from the...
HONG KONG, Dec 21 (AFP): Hong Kong culled 17,000 chickens today and suspended live poultry imports for 21 days after three birds tested positive for the deadly H5N1 strain of bird flu virus. Health chief York Chow announced the measures...
FE Report Meghna Group of Industries, one of the largest and fastest growing industrial conglomerates of the country, will launch a campaign programme to promote powered milk brand. The promotional campaign titled 'Fresh Milk Khele Vagya Jabe Khule' will start...
Mumbai, Dec 21 (PTI): The Indian rupee Tuesday closed marginally lower by one paisa at 52.8788 against the dollar on alternate bouts of demand and supply despite steep fall in local stocks. Traders said some dollar demand from importers, mainly...
KATHMANDU, Dec. 21 (Xinhua): The government of Nepal has endorsed the Inter- governmental Agreement on Trans-Asia Railway Network - a pact that will enable Nepal to connect the railway lines, which it is planning to develop, with railway networks of...
LONDON, Dec 21 (AFP): The British government's borrowing fell by more than expected last month, official data showed Wednesday, after Moody's urged it to stick to its deficit reduction plan or risk a downgrade. Public sector net borrowing hit £18.1...
A Correspondent SIRAJGANJ, Dec 21: Low-quality Boro seeds, fertilisers, and pesticides have flooded the markets in 16 districts of northern region, cheating the farmers. As a consequence, hundreds of acres of fertile lands are losing fertility due to use of...
MEHERPUR, Dec 21 (BSS): Five persons were killed and nine others injured when a truck loaded with onion fell into the road side river Kazla Tuesday night. Fire Service men, Police and RAB with the help of local people recovered...
MEHERPUR, Dec 21 (UNB): A leader of an outlawed outfit was arrested with gun from his house at Mathmura village in Gangni upazila early Wednesday. The arrested was identified as Majharul Islam alias Majhar, son of Hafijur Rahman of the...
Our Correspondent NATORE, Dec 21: Normal life has been seriously disrupted due to shivering cold coupled with blowing cold wind in six upazilas under Natore district for the last few days. Thousands of poor people both in town and rural...
Our Correspondent KHULNA, Dec 21: All preparations have been completed to reach the text books to the learners of primary and secondary schools from the beginning of the new year of 2012 in Khulna division. Meanwhile, 90 per cent of...
RAJSHAHI, Dec 21 (BSS): Mayor of Rajshahi City Corporation AHM Khairuzzaman Liton today called for proper preservation of the indigenous dance culture through substantial and sustainable nurturing and enriching the cultural heritage. He asked the cultural activists to take the...
MYMENSINGH, Dec 21 (BSS): Fish experts at a workshop today said that the major challenge of today is to supply quality fish fry in hatchery and nurseries. To meet up the growing demand of fish protein, quality fish fry is...
Members of Border Guard Bangladesh (BGB) Monday destroyed 4532 bottles of liquor, 585 bottles of beer, 490 bottles of phensidyl, 20 bottles of Bangladeshi liquor and 3.2 kgs of ganja seized from border areas here in last 5 months.BGB-5 battalion...
BENAPOLE (Jessore), Dec 21 (UNB): At least 22 people, including 10 children, 5 women and 7 men, died from cold-related diseases in the past one week in Jessore district. The cold wave disrupted normal life and businesses in the district....
JHALAKATI, Dec 21 (UNB): A minor girl was raped by a miscreant at Balighona village in Sadar upazila on Monday. The rapist was identified as Sohel, son of Burjuk Molla of the village. Locals said Sohel raped the 8-year-old girl...
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