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DSE retains gaining streak; Turnover stands at Tk 9.37b

FE Online Report | 2014-10-02 00:00:00

The country's prime bourse – Dhaka Stock Exchange (DSE) - retained the gaining streak of the last several sessions of the week, which ended with Thursday’s trading, before going into a 9-day vacation of Eid-ul-Azha and Durga Puja, apart from...

DSE, CSE up at opening

FE Online Report | 2014-10-02 00:00:00

The prices of most of the shares at the country's twin-bourse, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), witnessed positive trend in early hours of trading on Thursday, the last session of the week. The DSE's benchmark index...

Ministry questions authority of BSC chief to strike deal

Syful Islam | 2014-10-02 00:00:00

The Ministry of Law, Justice and Parliamentary Affairs has asked the Bangladesh Shipping Corporation (BSC) to clarify several issues on its signing of a commercial contract with a Chinese company for procuring six vessels, sources said. The explanations have been...

Call rates up

Siddique Islam | 2014-10-02 00:00:00

Inter-bank call-money rates moved up further Wednesday following higher withdrawals of cash from banks on two religious festivals. The central bank has asked the commercial banks to make sure cash is available round-the-clock at all ATMs (Automated Teller Machine) during...

Korean co gets nod as supervision consultant

Munima Sultana | 2014-10-02 00:00:00

A technical evaluation committee has finally recommended awarding the construction supervision job of the Padma Bridge Project to a Korean joint-venture company. Officials said the evaluation committee has given its nod in favour of appointing the Korean Expressway Corporation (KEC)...

Dhaka to press for mkt access, GSP revival

Talha Bin Habib | 2014-10-02 00:00:00

Duty-and quota-free market access and revival of the suspended generalised system of preferences (GSP) facility on the American market will be on top of Dhaka's agenda when Bangladesh and the United States sit in Washington for a dialogue.      Officials gave...

Nurturing the deterrents

Waliul Huq Khandker | 2014-10-02 00:00:00

Prevention is better than cure, though a very age-old saying, has become very much relevant to our lives these days due to the fact that the problems we are facing are many and multifarious in nature and, therefore, the preferred...

Al-Arafah Bank attracts good performance investment clients

Siddique Islam | 2014-10-02 00:00:00

 Al Arafah Islami Bank Limited (AIBL) is offering advantage to good performance investment clients aiming to expedite its business activities.  "We're offering lower rates of interest on case to case basis to attract the good performance investment clients," Md. Habibur...

Knife falls on auditors, firms for \\\'misconduct\\\'

Mohammad Ali | 2014-10-02 00:00:00

Auditors' group has scrapped audit licences of seven chartered accountants (CAs) and firms and reprimanded five others for professional misconduct, an official said. The Institute of Chartered Accountants of Bangladesh (ICAB) also slapped monetary penalty on the errant accountants and...

Dhaka stocks continue upward trend

FE Online Report | 2014-10-01 00:00:00

Dhaka stocks continued upward trend Wednesday, the penultimate day ahead of a prolonged eid vacation. DSE broader index- DSEX- posted a gain of 1.55 per cent or 78.96 points to close at 5153.26 points. Out of 302 traded issues, 229...

DSE, CSE up at open

FE Online Report | 2014-10-01 00:00:00

The prices of most of the shares on the country's twin-bourse – the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) – witnessed positive trend in early hours of trading on Wednesday, the 4th session of the week....

The game that all shouldn’t play

Shamsul Huq Zahid | 2014-10-01 00:00:00

The stock prices have been on the rise for several weeks since early September. The uptrend has gained pace for the past two to three weeks. The DSE general index, the DSEX, for the first time in past 21 months...

Roads in bad shape pose hazards to homegoers

Munima Sultana and Jubair Hasan | 2014-10-01 00:00:00

Dilapidated condition of the country's key highways and approach roads appears to be a major problem for taking increased pressure of the movement of traffic during the two upcoming religious festivals - Eid-ul-Azha and Durga Puja.   Traffic officials, transport operators...

SoCBs set to disburse Tk 5.22b loan for procuring rawhide

Siddique Islam | 2014-10-01 00:00:00

Four state-owned commercial banks (SoCBs) are set to start disbursement of about Tk 5.22 billion loans among tanners to help them procure rawhide and skin of sacrificial animals during the upcoming Eid-ul-Azha. The top management of the Sonali Bank has...

Taking technology to the grassroots

Abdul Bayes | 2014-10-01 00:00:00

Dr Mahabub Hossain, an eminent economist of the country, has succinctly summarised the growth of microfinance industry in Bangladesh in a working paper. The Grameen Bank - winner of a Nobel prize, is widely known for microcredit expansion for the...

UNGA fosters closer ties among member nations

Zaglul Ahmed Chowdhury | 2014-10-01 00:00:00

Bilateral contacts among the leaders attending the United Nations General Assembly (UNGA) session help develop closer ties among the member nations of the world body. Such contacts at times carry immense significance. The UNGA is an annual ritualistic exercise that...

Emerging opportunities for Bangladesh

M. Shahidul Islam | 2014-10-01 00:00:00

China was well-connected with its immediate neighbours as well as Europe, Middle East and Africa through the Silk Road for centuries. There were two components of the Silk Road- Overland Silk Road (OSR) and Maritime Silk Road (MSR). The former...

Govt efforts fail to reverse manpower export fall

Shah Alam Nur | 2014-10-01 00:00:00

A set of remedial measures taken by the government to revamp sluggish manpower export yielded nothing significant as the overseas job market for the country has been under a gradual squeeze, officials agreed with this finding. Experts apprehend an adverse...

Dhaka stocks return to green

FE Online Report | 2014-09-30 00:00:00

Dhaka stocks returned to the green on Tuesday after previous day’s marginal correction with turnover falling further as investors followed meticulous trading ahead of a prolonged Eid vacation. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up...

Stocks mixed

FE Online Report | 2014-09-30 00:00:00

The Dhaka Stock Exchange (DSE) witnessed positive trend while the Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Tuesday, the 3rd session of the week. DSEX, the prime index of the DSE, went up by...

Business delivery loses gear in FTA gridlock

Doulot Akter Mala | 2014-09-30 00:00:00

A flare-up of bilateral and regional free-trade agreements (FTAs) is creating webs of complexities and confusions for international business dealings, according to trade circles. Asia-Pacific business leaders at a recent conference pointed out such problems stemming from a boom in...

Consumers pay extra at city kitchen markets

Talha Bin Habib | 2014-09-30 00:00:00

A section of traders in kitchen markets blissfully ignore government directives to hang price chart visibly at their shops mainly as designated market monitors turn a blind eye to the non-compliance, consumers alleged.    This simple lacking, business analysts say, leads...

Online business potential for Bangladesh

Maswood Alam Khan from Maryland, USA | 2014-09-30 00:00:00

We take heart as we learn that people's habit of online shopping is gaining tempo in Bangladesh. Speakers at Dhaka e-Commerce Fair 2014, held recently, highlighted the achievements made in online business. The slogan of this year's fair was "Business...

Unclear suspicions are fabricated ambiguities, says Iran

Fredrik Dahl of Reuters in Vienna | 2014-09-30 00:00:00

Iran dismissed last week as "fabricated ambiguities" suspicions that it has carried out nuclear arms research, a day after it came under renewed Western pressure to help clear up UN watchdog concerns about its atomic energy programme. Addressing an annual...

You\\\'re more likely to try again if the setback was your fault

Kathryn Doyle of Reuters in New York | 2014-09-30 00:00:00

If at first you don't succeed, and you think you can control the outcome next time, you're more likely to persist, suggests a new study. Using brain scans, researchers found different brain areas activated in response to a setback if...

Stocks slip into red after 9 days

FE Online Report | 2014-09-29 00:00:00

Stocks slipped into the red on Monday, snapping a nine-day rally with turnover dropped slightly as investors booked profit. The market opened with an upbeat mood in the morning, but could not sustain amid profit booking. DSEX, the prime index...

DSE, CSE open positive

FE Online Report | 2014-09-29 00:00:00

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Monday, the second session of the week. DSEX, the prime index of the DSE, went up by 19.48 points or 0.38 per...

WB to provide financial support to BRT project

Munima Sultana | 2014-09-29 00:00:00

The World Bank (WB) has assured the government of providing financial support to bus rapid transit (BRT) project and suggested that some critical issues be resolved before starting negotiation with the Bank. Of the issues, the WB has stressed on...

Where standard of education hurts

Neil Ray | 2014-09-29 00:00:00

Irrelevant would have been admission tests each year for aspiring candidates for honours graduation courses, medical and engineering studies if only the number of students were far fewer or alternatively the reputed colleges and universities had adequate number of seats....

Whose baby is it, anyway?

Shamsul Huq Zahid | 2014-09-29 00:00:00

Internecine feud among the members of the board of directors of the United Airways Limited (UAL), a private airliner operating on both domestic and international routes, had forced the airliner to suspend its operation abruptly late last week, keeping more...