Rahul Karunakar of Reuters from Bangalore | 2014-06-06 00:00:00
Activity in India's huge services industry expanded for the first time in nearly a year in May, driven by a surge in new business, a survey showed on Wednesday. The HSBC Services Purchasing Managers' Index, compiled by Markit, rose to...
FE Online Report | 2014-06-05 00:00:00
Stocks closed flat on Thursday with slight improvement in turnover as investors remained cautious on announcement of the national budget.The market started with a positive note, but the morning hype evaporated gradually as session progressed. At the end of the...
FE Online Report | 2014-06-05 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in the opening sessions on Thursday, the last trading day of the week. DSEX, the prime index of the DSE,...
Louis Charbonneau and Parisa Hafezi of Reuters from New York/Ankara | 2014-06-05 00:00:00
Amy Sawitta Lefevre and Aubrey Belford of Reuters from Bangkok/Chiang Mai | 2014-06-05 00:00:00
On Dec. 27 last year, Thailand's powerful army chief stood before a crowded news conference and stunned the beleaguered government of Yingluck Shinawatra by saying he would not rule out military intervention to resolve a deteriorating political crisis. General Prayuth...
Mohammad Mufazzal | 2014-06-05 00:00:00
Country's stock market that had received severe mauling in 2010 has been able to regain stability in the outgoing fiscal (2013-14) but not the desired level of buoyancy. The capital market regulator and the government initiated a number of measures...
Doulot Akter Mala | 2014-06-05 00:00:00
The government is set to offer tax holiday facility for Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) for the next five years until 2019, in the budget for fiscal year 2014-15. It may also allow capital market investors...
Syful Islam | 2014-06-05 00:00:00
The government has prepared a Memorandum of Understanding (MoU) aiming to award the job of building the deep seaport in Sonadia by a Chinese company, sources said. The MoU may be signed during Prime Minister Sheikh Hasina's Beijing visit from...
Mohammad Ali | 2014-06-05 00:00:00
The country's non-banking financial institutions (NBFIs) should move away from their deposit reliance to the bond option for the sake of healthy development in the financial sector, an international financial consultant said. "To my mind, the bond market can be...
Talha Bin Habib | 2014-06-05 00:00:00
Bangladeshi business leaders will urge their Chinese counterparts to bump up apparel imports from Bangladesh, helping to raise the share to at least 10 per cent, the head of the country's apex trade body said. "China imports apparel products worth...
Jamal Uddin | 2014-06-05 00:00:00
The WiMAX business is facing a blow following a major expansion of 3G (third generation) internet service by the mobile phone operators since October last year. As a result, the companies providing WiMAX facility are planning to introduce LTE (Long...
Md Touhidul Alam Khan | 2014-06-05 00:00:00
Climate change is a major challenge for Small Island Developing States (SIDS), as global warming is causing ocean levels to rise. Due to their small size and isolation, SIDS are more vulnerable to natural and environmental disasters, climate change and...
Zaglul Ahmed Chowdhury | 2014-06-05 00:00:00
As the campaign for the June 14 run-off presidential election in Afghanistan continues in full swing amidst sporadic violence, the Islamic militant Talebans have urged the voters to stay away from voting. They have threatened the voters of dire consequences...
FE Online Report | 2014-06-04 00:00:00
Stocks slipped in the red for second running session on Wednesday with turnover rose slightly as investors continued to book short-term profit amid cautious stance. The market opened with positively yet it failed to sustain the momentum. Eventually, DSEX, the...
FE Online Report | 2014-06-04 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend in the early hours of the session on Wednesday, the 4rth trading day of the week. DSEX, the prime index...
Shamsul Huq Zahid | 2014-06-04 00:00:00
Two different vernacular contemporaries in their last Tuesday's issues carried news reports on the state-owned BASIC Bank which has, of late, earned infamy because of large-scale loan irregularities. The content of one report, headlined, 'BASIC Bank in the red for...
Siddique Islam | 2014-06-04 00:00:00
A CAMELS rating of the central bank has found one-step improvement of three state-owned commercial banks (SoCBs), while the status of another SoCB remains unchanged. The evaluation, which took into account capital adequacy, asset quality, management, earnings, liquidity and sensitivity...
Nahida Sultana | 2014-06-04 00:00:00
The national budget for FY 2014-15 is knocking at the door. It is essential to understand the causes of declining growth in Gross Domestic Product (GDP). The reasons are falling investment, demand-induced decreased import of capital machinery, concentration of productive...
Maswood Alam Khan from Maryland, USA | 2014-06-04 00:00:00
Poor people always believe in having cash in hand. They are fond of pocket accounting. What cash they have in their pocket is often how they manage their money. They do not like bank accounts because having a bank account,...
Munima Sultana | 2014-06-04 00:00:00
At present more than half of the country's total registered motorised vehicles are motorcycles, following a soaring growth in the number of bike during the last couple of years. Officials said the number of unregistered motorbikes is, however, more than...
Badrul Ahsan | 2014-06-04 00:00:00
Bangladesh's garment industry risks taking a battering if India and the European Union sign free trade agreement, insiders have feared. They say the government should facilitate establishment of textiles and backward linkage industry to stave off the possible negative impact...
Mohammad Ali | 2014-06-04 00:00:00
Workers of a Dhaka apparel factory have filed 18 cases with the Labour Court against its management seeking their due compensations and other benefits, sources said. The production of the factory has been suspended following the recent inspections conducted by...
FE Online Report | 2014-06-03 00:00:00
Stocks ended lower on Tuesday with turnover dipping below Tk 4.0 billion-mark on the major bourse as investors kept their attention to the upcoming national budget. The market opened with positively yet it failed to sustain the momentum. Eventually, DSEX,...
FE Online Report | 2014-06-03 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Tuesday, the third trading session of the week. DSEX, the prime index of the...
Ayubur Rahman Bhuyan concluding his three-part article titled \'FY15 budget must be ambitious to achieve strong economic growth\' | 2014-06-03 00:00:00
A stark example is the burgeoning ready-made garment (RMG) sector, which does not pay any income tax despite making huge profits. The RMG industry recorded a phenomenal growth, primarily based on an elaborate incentive structure. The continued duty and tax...
Zaglul Ahmed Chowdhury | 2014-06-03 00:00:00
Russia has not recognised the new president of Ukraine although it had said earlier that the verdict of the May 25 elections would be honoured. This has infuriated the Kiev government, which accuses Moscow of unleashing a global propaganda not...
Doulot Akter Mala | 2014-06-03 00:00:00
The budget for fiscal year (FY) 2014-15 is set to offer special tax incentives including extension of tax holiday facility and reduction of corporate tax for facilitating industrial growth. The tax holiday facility for local industries is likely to be...
Babul Barman | 2014-06-03 00:00:00
Net foreign investment in the Dhaka Stock Exchange (DSE) marked a 77 per cent decline in May compared to the previous month, as foreign fund managers preferred to adopt a 'wait and see' strategy in the present volatile market. Foreign...
Rezaul Karim | 2014-06-03 00:00:00
The government has directed the deputy commissioners (DCs) to take effective measures for keeping the prices of essentials stable during the upcoming holy month of Ramadan, officials said Monday. Besides, it also directed them to monitor the essentials' market strictly....
Syful Islam | 2014-06-03 00:00:00
The fire department has asked another two dozen readymade garment (RMG) factories to comply with safety requirements or face punitive actions as part of the government's effort to ensure workplace safety, sources said. It issued notices to the factories when...
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