Shahiduzzaman Khan The International Migrant Day has just passed by, yet its significance has not been adequately felt by the labour-sending countries like Bangladesh. A serious concern is being raised by many over an increasing presence of illegal Bangladeshi migrant...
Syful Islam The latest statistics on the major macroeconomic indicators, available with the central bank, point to a sluggish economic growth during the current fiscal (2011-12). The monetary policy department of the Bangladesh Bank (BB) data shows that until December...
FE Report Finance Minister AMA Muhith said Wednesday the country is unlikely to achieve the projected seven per cent growth rate during the current fiscal year (FY) 2011-12 due to high import bills, spiraling inflation, less-than-expected investment and soaring subsidies...
Siddique Islam Bangladesh Bank is going to introduce the Islamic money market by this month to facilitate liquidity management of the Shariah-based Islamic banks, a top official at the central bank said. The decision was taken at a meeting with...
Another round of power tariff hike is going to be announced today (Thursday), reports bdnews24.com. Bangladesh Energy Regulatory Commission (BERC) member Selim Mahmud said Wednesday that the announcement would come from a news conference at the BERC office in Karwan...
Nizam Ahmed The country's export growth is likely to gather pace in the second half of the current fiscal year (FY) 2012 as recent trade policies of China and Myanmar are set to boost Bangladesh shipments, traders and officials said...
President Zillur Rahman is set to open dialogue with political parties today (Thursday) on the appointment of the new Election Commission (EC). The dialogue will be held first with Jatiya Party (Ershad) at 11:00 am at Bangabhaban in the city...
Mohammad Mufazzal The securities regulator has revised the Merchant Banker and Portfolio Manager Rules 1996, incorporating some provisions concerning, among others, appointment, termination and suspension of chief executives of the merchant banks. The move comes after surfacing of some allegations...
Shahiduzzaman Khan The International Migrant Day has just passed by, yet its significance has not been adequately felt by the labour-sending countries like Bangladesh. A serious concern is being raised by many over an increasing presence of illegal Bangladeshi migrant...
Syful Islam The latest statistics on the major macroeconomic indicators, available with the central bank, point to a sluggish economic growth during the current fiscal (2011-12). The monetary policy department of the Bangladesh Bank (BB) data shows that until December...
FE Report Finance Minister AMA Muhith said Wednesday the country is unlikely to achieve the projected seven per cent growth rate during the current fiscal year (FY) 2011-12 due to high import bills, spiraling inflation, less-than-expected investment and soaring subsidies...
Siddique Islam Bangladesh Bank is going to introduce the Islamic money market by this month to facilitate liquidity management of the Shariah-based Islamic banks, a top official at the central bank said. The decision was taken at a meeting with...
Another round of power tariff hike is going to be announced today (Thursday), reports bdnews24.com. Bangladesh Energy Regulatory Commission (BERC) member Selim Mahmud said Wednesday that the announcement would come from a news conference at the BERC office in Karwan...
Nizam Ahmed The country's export growth is likely to gather pace in the second half of the current fiscal year (FY) 2012 as recent trade policies of China and Myanmar are set to boost Bangladesh shipments, traders and officials said...
FE Report | 2011-03-21 00:00:00
FE ReportThe Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh has launched 'HSBC Export Excellence Awards" for the year 2010 - with the aim to recognise the business excellence of the exporters of Bangladesh. Introduced last year, this is...
Social Islami Bank Ltd (SIBL) has launched Central Trade Processing Unit (CTPU) and Card Centre at Agrabad in Chittagong. Managing Director of the bank Mr. Muhammad Ali inaugurated the CTPU and Card Centre recently in SIBL Agrabad Branch premises.
Asaduzzaman Pallab | 2011-03-21 00:00:00
Asaduzzaman PallabUnited Airways, a private sector air carrier plans to expand by increasing its number of fleet and flight destination. Company sources said, United Airways plans to buy two large size Airbus-300-600 and one mid size MD-831 to meet its...
FE Report | 2011-03-21 00:00:00
FE ReportThe securities regulator sits today (Monday) with the stakeholders of the stock market to discuss the revised guideline on book building method, officials said. Recently, the Securities and Exchange Commission (SEC) formulated a revised guideline on book building method...
Dr. Fahmida Khatun, Head of Research at Centre for Policy Dialogue (CPD) has recently been elected as Director of Small & Medium Enterprise (SME) Foundation. A leading economist, Dr. Khatun has done her Masters and PhD in Economics from University...
Md Lutfar Rahman Khan, a director of Sonali Bank Limited, has been elected new chairman of Sonali Investment Limited, a subsidiary company of the bank, said a press statement. He was also a director of Janata Bank from 1996 to...
Roulin (BD) Limited, a Japanese company, will establish a garment industry in the Ishwardi Export Processing Zone with an investment of US$8 million, said a press statement. In this connection, General Manager (Investment Promotion) of BEPZA AZM Azizur Rahman and...
Syful Islam | 2011-03-21 00:00:00
Syful IslamThe government's move to set a uniform fee for land ports faces resistance after Benapole port agents said they would not pay higher rate due to lack of proper infrastructure, officials said Sunday. User fee for Benapole land port...
Monira Munni | 2011-03-21 00:00:00
Monira MunniThe Bangladesh Aquaculture Alliance (BAA), a platform of all stakeholders of shrimp industry formed in January last, is yet to get government's nod to start functioning due to bureaucratic tangles, officials and exporters said. The aquaculture alliance is one...
Sonia H Moni | 2011-03-21 00:00:00
Sonia H MoniThe Bangladesh car market may be flooded with reconditioned and new cars of America, Germany and other countries as production in Japan has been disrupted due to the recent earthquake and tsunami, car sellers at Globatt Dhaka Motor...
Doulot Akter Mala | 2011-03-21 00:00:00
Doulot Akter MalaThe government is expected to pick existing Pre-Shipment Inspection (PSI) firms for another two years after a search committee found no suitable companies for the assignment. The contract period of the four PSI companies is scheduled to expire...
Our Correspondent | 2011-03-21 00:00:00
Our Correspondent CHITTAGONG, March 20: Bank guarantee remains the biggest hurdle for ship builders as foreign buyers don't accept security from local banks, speakers said Sunday. They said local banks lobby foreign banks on behalf of ship builders for bank...
The board of directors of United Air Ltd has decided to raise capital through issuing rights shares at 1R:1 of Tk 10 each at an issue price of Tk 20 (including a premium of Tk 10 each) subject to the...
The board of directors of First Lease Finance and Investment Ltd has recommended at 25 per cent stock dividend (1 bonus share for every 4 shares held) for the year 2010. The date of AGM is April 21 at 11:00am...
Trust Bank: Trust Bank Limited has informed that a meeting of board of directors of the bank will be held on March 23, 2011 at 3:00pm to consider, among others, audited financial statements of the Bank for the year that...
MTBL: MA Rouf, one of the sponsors of Mutual trust bank Limited, has further reported that he has completed his buy of 32,000 shares of the bank at prevailing market price through stock exchange as announced earlier. Quasem Drycells: Seleena...
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