Continued from page 13 Meanwhile, news of a meeting between the BAB and the Securities and Exchange Commission (SEC) also gave some positive impetus among the traders, as they were expecting positive outcome from the meeting, commented a broker. The...
Square Pharmaceuticals: Normal trading of the shares of Square Pharmaceuticals Ltd. will resume today (Wednesday) after record date for EGM. Islami Ins: Trading of the shares of Islami Insurance Bangladesh Limited will remain suspended on record date today (Wednesday) for...
AMCL (Pran) recommends 31pc cash dividend The board of directors of AMCL (Pran) has recommended 31 per cent cash dividend for the year that ended on June 30, 2011. The board has also reported EPS of Tk 56.86, net asset...
Bangladesh has insufficient fiscal leeway to cushion the impact of a global slowdown and its growth outlook for the year to June 2012 is uncertain, the World Bank said on Tuesday, reports Reuters. Areas of concern include an increasing fiscal...
Shamsul Huq Zahid The move of the Bangladesh Association of Bank (BAB) to revitalise the flagging stock market, apparently, has fallen through. Only a day after the formal announcement about the launching of the market stabilization fund by the BAB,...
Nizam Ahmed The government expects to line up funds from alternative sources for the proposed multipurpose Padma Bridge project after the World Bank suspended funding for the project due to graft allegations, officials said on Tuesday. A number of international...
BERLIN, Oct 25 (BSS): Bangladesh and Germany today agreed to further explore bilateral trade and cooperation in the areas of sustainable development, climate change, health and social safety programme. The two countries also agreed to strengthen their present excellent bilateral...
Nazmul Ahsan The stringent regulations set for issuing new banks' licences are likely to be softened as the Prime Minister's Office (PMO) is pursuing the issue amid 'pressure from influential quarters' willing to become bank owners, official sources have said....
Md Mazadul Hoque People are increasingly way of carrying transactions with new currency notes, particularly of Taka 1000-, Taka 500- and Taka 100- denominated ones, because of the market being over-flooded with counterfeit notes of such denominations. The worry about...
FE Report The planned market stabilization fund unveiled by the private banks this week will start trading in November, with its sponsors looking for a new asset management company to operate the close-end mutual fund. President of the Bangladesh Association...
Jasim Uddin Haroon Local tanners expressed apprehension of not getting their expected amount of loans from the state-owned banks in the upcoming Eid-ul-Azha. Tanners told the FE Tuesday that they have applied for Tk 4.0 billion loans to the public...
PM back home, flies for Perth tonight Prime Minister Sheikh Hasina returns home from Germany today (Wednesday) and then will fly for Perth, Australia at night to attend the Commonwealth Heads of Government Meeting (CHOGM) 2011. The Prime Minister left...
BERLIN, Oct 25: Prime Minister (PM) Sheikh Hasina has said that only democracy can lead to sustainable development of peoples and nations. The PM, who is now in Berlin to attend the World Health Summit, said this while addressing a...
The chamber judge of the Appellate Division has stayed for six weeks the operation of Monday's High Court (HC) judgment on business tycoon M Alam murder case, reports UNB. The interim stay order came following a petition moved by the...
Muhammad Zakiul Islam Last year Biman Bangla-desh Airlines Limited had adopted a new Logo and Livery for the Airlines. Perhaps, it's a rule of nature that if you don't possess something as your own, you may not be able to...
Like many, a former president of India, once raised a question. "Tell me, why is the media here so negative? Why are we in India so embarrassed to recognise our own strengths, our achievements? We are such a great nation....
Amin Ahmed Chowdhury Frankly speaking, I am shocked and horrified to learn that the great Libyan people have disgraced the lifeless body of their own deposed leader who served them for 42 years. How could he rule Libya for long...
Top officials and experts at the two-day fourth South Asia Economic Summit held this week in Dhaka highlighted the issues that were, time and again, at the core of deliberations at various regional and national forums for more than last...
The Arab Spring has accounted for yet another strongman. This time, it is the longest serving ruler of North African country Libya, Muammar Gaddafi who has fallen. Like other sit-tight powerful men in Africa and elsewhere, he enjoyed his meteoric...
President Barack Obama unveiled a stopgap plan on October 24 to ease the bite of the real estate crisis for cash-strapped homeowners while attacking Congress for blocking spending to create more jobs. "These steps aren't a substitute for the bold...
Shafiqul Alam Is elevated expressway accessible to all? No, the elevated corridors are only for the purpose of enabling cars, two wheelers, three wheelers and highway buses to some extent to move at a high speed and not for facilitating...
During British period and later under Pakistan only the government employees were entitled to pension, but the employees of semi-government, public sector corporations and autonomous bodied were debarred from the benefit. After our independence realising the great injustice done to...
I read an interesting article published in the Financial Express on October 24 last and feel obliged to write to you. The dividend yield at current prices is below the interest yield of a risk-free bank deposit. So, there is...
Anu Mahmud The Prime Minister (PM) is on record, as having said that the population of Bangladesh is more an asset than a liability. That was apparently a response in a lighter vein from her side during question-time at the...
Ferdaus Ara Begum Companies Act-1994 governs companies in Bangladesh which is the reproduction of Companies Act 1913. In that respect we have about a hundred-year old act which of course has gone through several reforms throughout a long history. The...
The International Monetary Fund (IMF) is not seeking more funds from Gulf Arab oil exporters to bolster its resources, and the region faces no major danger from the euro zone debt crisis, the IMF's Deputy Managing Director Nemat Shafik said...
The Financial Express (FE) of October 19, 2011 published a report on the recommendations of a premier intelligence agency of our country on how to overcome the present stock market crisis. It was not clear from the FE report if...
Md Gias Uddin Ahammed Conventional banks offer different fixed interest rates on different types of interest-bearing deposits. Islamic banks, on the other hand, provide depositors with provisional profit rate on different types of profits bearing Mudaraba deposit. Provisional profit rate...
David Cameron last Monday suffered his largest parliamentary rebellion since becoming prime minister as 79 Conservative MPs defied their leader to vote in favour of holding a referendum on Britain's European Union (EU) membership. Cameron's government, which is against holding...
Pradeep S Mehta and Abid Suleri Both Pakistan and India are members of the World Trade Organisation (WTO) and also of the South Asia Free Trade Agreement (SAFTA). The WTO agreement requires each member state to grant Most Favoured Nation...
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