Thursday, 05 Dec, 2024

Business

DCCI delegates depart for ChinaÔÇÖs Kunming

Dhaka: A 32-member-strong team of Dhaka Chamber of Commerce and Industry left Dhaka for Kunming Friday to attend the 18th China Import and Export Commodities Fair 2010. DCCI vice-president M Shahjahan Khan is leading the delegation to the fair in the eastern Chinese province.This year

DSE to start Internet-based trading by December

Dhaka: Dhaka Stock Exchange is going to start Internet-based trading system by December under an agreement already signed between the DSE and Kepbridge Solution, an Indian software company, facilitating transaction of share trade by people sitting at home.  As per the deal, Internet

Price rises of ICB Islami Bank shares SEC orders probe

Dhaka: The Securities and Exchange Commission Tuesday ordered a probe into the bull run of the ICB Islami Bank on the stock market, as its shares saw sharp price rises. At the watchdog’s bidding, a two-member probe committee headed by Md Rezaul Karim, Director of the SEC, was formed on

None to do PR for SEC in regulating stock market

DHAKA: The Securities and Exchange Commission, the stock-market watchdog, has been working since 1993 without any separate public relations department to disseminate information on its regulatory work. As a result, common investors are being deprived of important information

SECÔÇÖs direction on Mutual Fund private placement soon

Dhaka: Stock-trade regulator Securities and Exchange Commission (SEC) is set to issue a new direction on allocation of private placement of mutual funds, putting a cap. As per the new directive, any individual will be allowed to spend up to Tk 10 lakh to buy private placement shares. An

BGIC declaration<br> Authorized capital up Tk 100 crore, face value at Tk 10

Dhaka: Bangladesh General Insurance Co. Ltd (BGIC) has decided to increase its authorized capital besides converting the face value of share to Tk 10, following up the revised tricks of the trade on the capital market. As per decision taken by the company’s board of directors, the

Chittagong port reverting to 1/11 situation: BGMEA leaders

CHITTAGONG: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) leaders Wednesday lamented that Chittagong seaport is sailing back to the turbulent situation like 1/11 through eroding its efficiency in container handling by 50 percent.The leaders of the apex body of the

BB Governor urges more women participation in economic activities

Jamalpur: Bangladesh Bank Governor Dr Atiur Rahman Wednesday urged the women entrepreneurs to take initiatives for building small industries to attain sustainable economic growth.The call came from an exchange-of-views meeting organized by the National Bank at the Public Library

Red-flag demo<br> BGMEA intervention sought for realizing compensation for factory fire victims

Dhaka: Hundreds of garment workers staged a red-flag demonstration in the city Sunday for due compensation for the families of their 22 colleagues killed in a fierce fire at Garib and Garib Sweeter factory in Gazipur on February 25.  They raised the demand from a rally held by National

FBCCI for widening tax net to reduce tax burdens on businessmen

Dhaka: Country’s apex trade body suggested casting wide the income-tax net cutting down the tax rates in the upcoming national budget as they think this horizontal growth would boost revenue earnings while reduce the tax-loads on the businesspeople. The taxation proposal came through

Garment factory fire in Ctg: loss runs into crore

Chittagong: Machinery worth over an estimated amount of Tk 1 crore burnt down in a devastating fire at a garment factory in the Oxygen crossing area of the port city on Thursday midnight.“The fire originated from an electric short circuit in the cutting and finishing section on the 2nd

Job seekers face hassle for Rupali Bank

Job seekers have faced hassle while submitting their pay-order forms of Rupali Bank Thursday evening at its Motijheel corporate office in the city.   According to the requirements of the Rupali Bank’s recruitment process, sources said, some 20 persons thronged the bank for submitting

ADB assistance up for lessening water, power, gas crisis

Dhaka : The Asian Development Bank (ADB) has increased its assistance to Bangladesh for the next three years with a view to developing the country’s energy, power, water and transport sectors.   “Bangladesh is facing now a triple crisis-power, gas and water. We are raising the