FE ReportNCC Bank Limited has taken a good number of steps on improving and expanding its service areas through adopting modern banking technologies and opening more branches and ATM booths. "We are giving priority banking based on mobile phones to...
FE ReportThe newly appointed SEC Chairman Dr. M Khairul Hossain Monday said the commission would try its best to restore the lost image of securities regulator. His commitment comes a day after he took over the charge of chairman of...
The board of directors of National Tea has recommended 25 per cent cash dividend for the year that ended on December 31, 2010. The AGM of the company will be held at 'Members Club' of Jatiya Sangsad Bhaban, Dhaka at...
FE ReportThe board of directors of Dhaka Stock Exchange (DSE) has finalised the trading date for three IPOs (initial public offerings). Among the three IPOs, one is a power generation company and another two are mutual funds. According to the...
The board of directors of BRAC Bank Limited has decided in principle to acquire further 25 per cent shares of BRAC EPL Investments Limited and 39 per cent shares of BRAC EPL Stock Brokerage Limited from the respective shareholders of...
The authorities of Kay and Que have stated that the 27th annual general meeting (AGM) of the company will be held on June 23 at 10:30am at Samarai Convention Center, Panthapath, Dhaka. Other information of the AGM will remain unchanged...
The authorities of Shahjalal Islami Bank Ltd have stated that they have credited the stock dividend for the year that ended on December 31, 2010 to the respective shareholders' BO accounts.
Trading of the shares of Lafarge Surma Cement Ltd will be allowed only in the spot market and blockodd lot transactions will also be settled as per spot settlement cycle from tomorrow (Wednesday) to May 30. Trading of the shares...
KHULNA, May 16 (UNB): A college student and son of a Saudi expatriate abducted for ransom was rescued by RAB after two days from a house in Chanmari area in the city today. Ekramul Sheikh Prince, a first year student...
Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Rajshahi, Rangpur, Khulna, Barisal, Chittagong and Sylhet divisions with moderately heavy falls at places in next 24 hours till 6.0 pm...
The United Nations World Tourism Organisation (UNWTO) will provide all possible support for flourishing tourism in Bangladesh as the country can use tourism as one of its major tools to cut poverty, reports BSS. "UNWTO secretary-general assured me that his...
Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...
A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...
Badrul AhsanThe prevailing declining trend in export of Bangladeshi handicrafts might lead to closure of numerous handicrafts units and leave a substantial number of underprivileged female workers unemployed, industry insiders said. The country's export earning against handicrafts has been significantly...
FE Report The central bank has asked all private commercial banks (PCBs) and foreign commercial banks (FCBs) to fix agriculture credit disbursement target at least at 2.5 per cent of their total loans from the next fiscal year. "We've taken...
The latest twist in India's well-publicised 2G spectrum scam case has revealed damning evidence against a clutch of Indian telecommunication companies, one of whom is looking to work with Bangladeshi companies in setting up the International Terrestrial Cable (ITC) system...
Md Mazadul HoqueBangladesh Post Office's electronic money transfer has got momentum as people are increasingly relying on it for its secure and faster service, an official said. BPO introduced Electronic Money Transfer System (EMTS) via cell phones in May last...
FE ReportSubscribers of internet service provider Wimax Company Banglalion has reached 0.1m since one year of its inception. The company started its commercial operation in May 2010 after getting licence in 2008. Chairman of Banglalion Major (Retd) Abdul Mannan disclosed...
Egyptian Orascom Telecom Holdi named Monday Ahmed Abou Doma as its Chief Executive Officer (CEO). The Board of Directors of the company approved the appointment at a meeting. Since January 2009, Abou Doma, a long time member of the group,...
Five investment proposals totaling US$85.85 million were approved Monday by the 54th meeting of the Scrutiny Committee on Private Sector Investment under foreign loanssuppliers credits. Chaired by Bangladesh Bank (BB) Governor Dr Atiur Rahman, the meeting was also attended by...
Trading of the shares of Lafarge Surma Cement Ltd will be allowed only in the spot market and blockodd lot transactions will also be settled as per spot settlement cycle from tomorrow (Wednesday) to May 30. Trading of the shares...
KHULNA, May 16 (UNB): A college student and son of a Saudi expatriate abducted for ransom was rescued by RAB after two days from a house in Chanmari area in the city today. Ekramul Sheikh Prince, a first year student...
Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Rajshahi, Rangpur, Khulna, Barisal, Chittagong and Sylhet divisions with moderately heavy falls at places in next 24 hours till 6.0 pm...
The United Nations World Tourism Organisation (UNWTO) will provide all possible support for flourishing tourism in Bangladesh as the country can use tourism as one of its major tools to cut poverty, reports BSS. "UNWTO secretary-general assured me that his...
Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...
A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...
TOKYO, May 16 (AFP): Japanese consumer confidence fell at the fastest pace on record in April from the previous month, data showed Monday, after March's earthquake, tsunami and a nuclear crisis cast a shadow on the economy. The data showed...
COLOMBO, May 16 (LBO): Lanka Hospitals, formerly part of the Indian Apollo chain and now par-owned by India's Fortis group, said March 2011 quarter net profit rose 81 per cent to 65.2 million rupees from a year ago. The Lanka...
BEIJING, May 16 (Xinhua): China's trade surplus may drop to around 100 billion US dollars in 2011, the China Securities Journal quoted a central bank advisor as saying in a Monday report. Li Daokui, a member of the monetary policy...
DUBAI, May 16 (Arabian Business.com): Nakheel, the Dubai developer restructuring $10.8 billion in debt, is offering up to two months rent-free in units in lower-priced developments in a bid to attract tenants. The government-owned company is offering new tenants free...
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