Stocks take breather after Bull Run

Stocks suffered a slight setback last week after steadily rising for straight four weeks as investors pocketed some profits. "The market edged marginally lower last week as investors preferred profit booking almost throughout the week after gaining sharp in the...

1st instalment of recompense to be distributed early Sept

The first instalment of the compensation for tannery relocation from Hazaribagh to Savar will be distributed to tanneries early next month (September). The first instalment will be around 10 per cent of the total promised compensation of Tk 2.5 billion,...

Will BRICS Bank be a rival to WB and IMF?

The group of five emerging economies - Brazil, Russia, India, China and South Africa - sat on July 15 and 16, 2014 at Fortaleza, Brazil and took two significant decisions which stand as challenge to the existing global economic institutions...

Women with flexible work hour arrangements perform better

"HR (human resource) policy in Bangladesh has no such law only for women. Different companies adopt their own policies according to their needs. Only foreign companies demonstrate few policies which now benefit a woman employee and which in turn helps...

The downside of a popular gadget called mobile phone

Cell phone companies have been locked in a stiff competition and offering a wide range of packages in order to woe subscribers and attracting potential ones. But no one is telling how their competition has at times led to enormous...

Reading on mobile phones

"I actually read more on my mobile than I used to. I think it is because I can carry my phone everywhere I go and it is quite easier than carrying a book, and it is always there when I...

Eradication of corruption: Need for moral revolution

Corruption has turned out to be a permanent malady in our society. We, as both conscious and responsible citizens, are desperately looking for a way out of this chronic epidemic. When we talk about corruption, our finger automatically points to...

Climate change unfolds a nightmarish scene

The projection by all account is extremely grim. That six South Asian nations -- Bangladesh, India, Bhutan, Sri Lanka, the Maldives and Nepal -- would suffer the most on account of the climate change was known but not in economic...

Govt move to overhaul BJMC mills to make them profitable

The government has initiated a move to overhaul the state-owned jute mills by replacing century-old machinery with modern equipment aiming to make the units operationally vibrant and commercially viable, officials said. To push the move forward Bangladesh Jute Mills Corporation...

Iran moving to meet terms of extended nuclear deal: IAEA

Iran has started taking action to comply with the terms of an extended agreement with six world powers over its disputed atomic activities, a U.N. nuclear watchdog report obtained by Reuters last week showed. The findings in a monthly update...

Stocks edge flat in red

Stocks slipped in the red on Thursday with turnover dropped slightly as investors followed cautious stance amid profit taking mood. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,547.05 points, shedding 6.81 points or 0.14 per...

DSE, CSE open positive

The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Thursday, the last trading day of the week. DSEX, the prime index of the...

Experts, stakeholders, insiders hold varied views

Experts, stakeholders and insiders hold varied views regarding tangible success of the demutualised exchanges in bringing buoyancy in the country's capital market. Some of the brokers of Dhaka Stock Exchange (DSE), who were on the boards of previous mutual exchange,...

Most listed MNCs see H1 profits up

 Most of the listed multinational companies (MNCs) posted growth in profits in the first half of this calendar year on higher sales and lower production costs. Analysts said brand reputation, better management and product quality helped the MNCs to increase...

Waging a war on food adulteration

Adulteration is rampant in the country. It is very difficult to find a food item which is free of adulteration. Vegetables, fish, milk, fruit, sweetmeats, ice cream, spices -- nothing is safe. Almost every day in the print and electronic...

Is Modi keen on congenial political environ in South Asia?

Indian prime minister Narendra Modi's emphasis on positive political environment in the South Asian region has given the impression that his government is willing to work in close concert with the regional neighbours for fighting such common enemies like poverty....

Japan plans short, long-term investment in Bangladesh

Japan has planned short-and long-term investment in Bangladesh for the mutual benefits under a newly-designed industrial cooperation framework meant for creating favourable business and trade environment in the country for outbound Japanese investors. Kei Kawano, the representative of the Japan...

Biman staff oppose selection of foreigner to its top post

Many of the employees of Biman Bangladesh Airlines have opposed the decision of the state flag carrier to appoint foreigners at its supreme post -- managing director (MD) and chief executive officer (CEO). They said there are many people in...

Govt moves to repay money of Jubok clients

The government has finally moved to appoint an administrator for the Jubo Karmasangsthan Society (Jubok) to protect the assets of the infamous cooperative society which allegedly cheated millions of people, sources said. The Ministry of Commerce will convene an inter-ministerial...

$100m needed to modernise public health drug inventories : WB

A consulting firm has estimated that it will require $100 million to upgrade and modernise the existing public health drug depots across the country. In a study funded by the World Bank, the consultancy has made recommendations and budget estimates...

Modi seeks ideas to replace Soviet-style planning

Prime Minister Narendra Modi this week sought suggestions from the public to help re-fashion the Soviet-inspired central Planning Commission that supporters say is in line with a new, open style of governance. Since he took over in May, Narendra Modi...

Stocks slip in red amid low turnover

Stocks slipped in the red on Wednesday after previous session’s upturn as investors went for short-term profit-booking on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,553.86 points, shedding 22.50 points or 0.49...

DSE, CSE gain at opening

The prices of most of the shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend in early hours of trading on Wednesday, the third trading day of the current week. DSEX, the prime index of...

Govt plans to modernise BR with Tk 1.0 tr investment

The government has initiated short, medium and long-term plans to upgrade the country's railway communication sector through ensuring better services and transport facilities, officials said. Under the initiative, the government will require an investment to the tune of more than...

Interest rate on Treasury Bonds falls sharply

The interest rate on the Bangladesh Government Treasury Bonds (BGTBs) felt significantly Tuesday, as commercial banks rushed to offer bids in the auction, treasury officials of commercial banks said. The yield, generally known as interest rate, on 10-year BGTBs came...

To pay or not to pay against IBPs

More than two years have gone by since the detection of the massive Hall-Mark scam in the middle part of 2012. But the country's banking sector, apparently, has not been able to deal with the fallout from the scam effectively...

No uniform guideline followed in Padma Bridge bidding process

The Bangladesh Bridge Authority (BBA) has not been following any uniform guideline in the process of bidding for different segments of work of the Padma Multipurpose Bridge (PMB) project. The BBA, sources said, is following a procedure that is more...

SWIFT to expand business in BD

SWIFT, a cooperative society facilitating secure financial transactions worldwide, looks forward to expanding its footprint in Bangladesh in a bigger way, facilitating development of a strong and sustainable financial industry here.  "Through collaboration with the local industry, we are looking...

NBR changes mode of payment by listed cos

The brokerage houses will deduct tax at a rate of 10 per cent from the income to be gained from securities by listed companies and firms, the NBR has said. In a circular, issued on August 18, the National Board...

Backed by US strikes, Iraq Kurds claim capture of strategic dam

Iraqi Kurdish forces said they recaptured Iraq's biggest dam from Islamist militants on Monday, as the United States launched air strikes to secure what has become a vital strategic objective in fighting that threatens to break up the country. An...