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StanChart Global Head of Islamic Banking due today

2011-03-22 00:00:00

Wasim Akhtar Saifi, Global Head of Islamic Banking for its Consumer Banking business will arrive in Dhaka today (Tuesday) for a two-day official visit. This will be his first visit to Bangladesh, Mr. Saifi was appointed in this role in...

Quasem Drycells director to sell shares

2011-03-22 00:00:00

Seleena Begum, one of the sponsors/directors of Quasem Drycells has expressed her willingness to sell 50,000 shares out of her total holdings of 10,79,611 shares of the company at prevailing market price through stock exchange within 30th April 2011. -...

MJL agrees to buy back IPO shares, MI Cement yet to decide

2011-03-22 00:00:00

Jasim Uddin Haroon The authorities of Mobil Jamuna Lubricants (MJL) have agreed to buy back their shares within six months of trading if the prices fall below offer prices, while the MI Cement Factory authorities are yet to take decision...

Bright prospect to tap overseas job market

2011-03-22 00:00:00

FE ReportIntroduction of 3G (Third Generation) technology would create a large job market for Bangladeshi talented youths, said a senior official of a leading European telecom vendor Monday. "Bangladesh can look for managing Network Monitoring Centers (NMC) of overseas telecom...

Guideline on book building yet to be finalised

2011-03-22 00:00:00

FE ReportThe stakeholders of the stock market will sit for further discussion to finalise the revised guideline on book building method, officials said. A spokesman of the Securities and Exchange Commission (SEC) said this Monday immediately after a meeting held...

DSE continues to rise

2011-03-22 00:00:00

FE ReportDhaka stocks gained for the third successive day Monday. All the three indices-DGEN, DSI and DSE-20-in DSE (Dhaka Stock Exchange) gained on the day as the investors went for fresh buying. The daily total turnover, in value terms, stood...

Disaster could cost Japan $235b: WB

2011-03-22 00:00:00

LONDON, Mar 21 (AFP): Japan's massive earthquake and tsunami could cost its economy up to $235 billion, or 4.0 per cent of output, and reconstruction could take five years, the World Bank warned Monday. "If history is any guide, real...

Govt wants to raise number of toilets users

2011-03-22 00:00:00

FE ReportOut of $21 billion proposed investment by the Local Government Division, about $5.4 billion is expected to be spent for safe drinking water and sanitation during the first five years (2011-2020) of the 15-year plan. Out of the total...

Small ventures to be promoted to produce molasses from non-conventional sources: BSRI chief

2011-03-22 00:00:00

FHM Humayan KabirIf 65 million trees are planted on the roadsides and the embankments, Bangladesh can get 0.86 million tonnes of molasses locally, according to Director General of the Bangladesh Sugar Research Institute (BSRI). "We have targetted all the roads...

MJL agrees to buy back IPO shares, MI Cement yet to decide

2011-03-22 00:00:00

Jasim Uddin Haroon The authorities of Mobil Jamuna Lubricants (MJL) have agreed to buy back their shares within six months of trading if the prices fall below offer prices, while the MI Cement Factory authorities are yet to take decision...

Bright prospect to tap overseas job market

2011-03-22 00:00:00

FE ReportIntroduction of 3G (Third Generation) technology would create a large job market for Bangladeshi talented youths, said a senior official of a leading European telecom vendor Monday. "Bangladesh can look for managing Network Monitoring Centers (NMC) of overseas telecom...

Guideline on book building yet to be finalised

2011-03-22 00:00:00

FE ReportThe stakeholders of the stock market will sit for further discussion to finalise the revised guideline on book building method, officials said. A spokesman of the Securities and Exchange Commission (SEC) said this Monday immediately after a meeting held...

DSE continues to rise

2011-03-22 00:00:00

FE ReportDhaka stocks gained for the third successive day Monday. All the three indices-DGEN, DSI and DSE-20-in DSE (Dhaka Stock Exchange) gained on the day as the investors went for fresh buying. The daily total turnover, in value terms, stood...

Disaster could cost Japan $235b: WB

2011-03-22 00:00:00

LONDON, Mar 21 (AFP): Japan's massive earthquake and tsunami could cost its economy up to $235 billion, or 4.0 per cent of output, and reconstruction could take five years, the World Bank warned Monday. "If history is any guide, real...

BBF to arrange session about marketing in city June 08

2011-03-22 00:00:00

Bangladesh Brand Forum (BBF) will arrange an opinion sharing session about value-driven marketing in the city June 08. BBF made the announcement Monday in the city. The daylong session titled 'Professional Masterclass with Prof Philip Kotler' would be held at...

Space for CAI to be alloted

2011-03-22 00:00:00

Commerce Minister Muhammad Faruk Khan Sunday said chartered accountants can play a significant role in pushing the country toward development by utilising their merit and experience. "The chartered accountants and the students of the Institute of Chartered Accountants of Bangladeesh...

Tariff commission to conduct study on trade barriers

2011-03-22 00:00:00

Doulot Akter MalaThe government has taken a move to conduct a comprehensive study on 'Trade facilitation: problems and way forward' to identify major roadblocks to the promotion of international trade and the reduction of cost of doing business. The Bangladesh...

Local cos see no immediate risk from Japan crisis

2011-03-22 00:00:00

Local companies, involved in trade, business and investment with Japan, see no immediate risk from Japan crisis, but are concerned about the potential negative impact on the country's economy, reports BSS. "We do not see any chance of immediate risk,...

'Knowledge gap stunts SME growth'

2011-03-22 00:00:00

FE ReportSME Foundation chairman Aftab ul Islam said small and medium entrepreneurs have failed to utilise commercial banks' special lending programme due to lack of information and knowledge. He said this while speaking to participants at the inaugural session of...

BSTI to set up 5 zonal offices

2011-03-22 00:00:00

Monira MunniThe government will expand the operations of state-run quality watchdog BSTI to five districts in a move to build up the capacity of the institution, officials said. They said the government is setting up zonal offices in five districts...

Advisory body for bringing private entities under law

2011-03-22 00:00:00

FE ReportThe Advisory Committee on implementation of Mandatory Jute Packaging Act 2010 has decided to recommend bringing private organisations concerned within the purview of the existing law to ensure a level-playing field with state agencies. The decision was taken at...

Dividends

2011-03-22 00:00:00

Padma Oil: The board of directors of Padma Oil Company Ltd has recommended 50 per cent of cash (Tk 5.00 per share of Tk 10.00 each) and 50 per cent of stock (1 bonus share for every 2 shares held)...

Trading suspension

2011-03-22 00:00:00

Trading of the shares of Berger Paints Bangladesh Ltd will remain suspended on the record date today (Tuesday).

Trading resumption

2011-03-22 00:00:00

Normal trading of the shares of Eastland Insurance will resume today (Tuesday) after the record date for AGM and EGM.

Withdrawal of authorized representatives

2011-03-22 00:00:00

Shyamol Equity Management: Shyamol Equity Management Ltd, DSE Member No 03 has withdrawn one of authorized representatives Md Alamgir Kabir, with immediate effect. Mika Properties: Mika Properties & Securities Ltd, DSE Member No 215 has withdrawn one of its authorized...

Asian Tiger Capital Partners market update on DSE

2011-03-22 00:00:00

Events: The Benchmark General Index DGEN gained 0.9% due to strong rally mainly in the Banking sector whereas Insurance, Textile, Cement and a few other sectors which experienced uptrend last few days ended in the negative territory due to aggressive...

Bright prospect to tap

2011-03-22 00:00:00

Continued from page 9 "People can subscribe to a service with minimum possible start-up cost and pay for the software whey they use," said the Ericsson Bangladesh boss, who joined office in August last year. "The service, PCS, now we...

Reckitt, BPMPA sign deal on personal hygiene

2011-03-22 00:00:00

FE ReportReckitt Benckiser Bangladesh Ltd and Bangladesh Private Medical Practitioners Association (BPMPA) Monday signed an agreement to aware mass people about importance of personal hygiene and to inform about the necessity of disinfectant to reduce spread of infection in households....

China blocking Google email services

2011-03-22 00:00:00

BEIJING, Mar 21 (AP): Google said Monday the Chinese government is interfering with its email services in China, making it difficult for users to gain access to its Gmail programme, amid an intensified Internet crackdown following widespread unrest in the...

Japan quake leads GM Korea to cut production

2011-03-22 00:00:00

SEOUL, Mar 21 (AFP): The South Korean unit of General Motors said Monday it would reduce production this week by up to 10 per cent because of a possible lack of parts from Japan following the devastating earthquake. GM Korea...