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Search results for: Bangladesh

BB heist: Ex-Philippine bank manager may stand trial alone

BB heist: Ex-Philippine bank manager may stand trial alone

Reuters 2017-09-08 12:00:00

Philippine prosecutors have recommended the filing of charges against a former bank manager for her part in laundering tens of millions of dollars stolen from Bangladesh’s central bank last year...

RAKUB board vows to make agro-based economy vibrant

RAKUB board vows to make agro-based economy vibrant

-- 2017-09-08 12:00:00

RAJSHAHI, Sept 08 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) should be committed to taking its banking services to the doorsteps of the farmers for elevating their living and livelihood condition....

Eastland Ins condoles demise of Nurul Islam

Eastland Ins condoles demise of Nurul Islam

-- 2017-09-07 12:44:58

M. Nurul Islam The Board of Directors of Eastland Insurance Company Ltd and its employees expressed profound shock at the demise of M. Nurul Islam, one of the founding directors of the company, said...

Lessons from 16 inspiring  personalities of Bangladesh

Lessons from 16 inspiring personalities of Bangladesh

ATM Hasibul Islam 2017-09-07 12:00:00

While a second year student at the Institute of Business Administration (IBA), Dhaka University this writer decided to work on a self-motivated project--writing a book to inspire people and spread the...

Buyers’ credit jumps by 20pc in first half for low interest

Buyers’ credit jumps by 20pc in first half for low interest

Siddique Islam 2017-09-07 12:00:00

The volume of buyers' credit jumped by over 20 per cent in the first half (H1) of this calendar year as importers excessively bank on such cheaper foreign-currency loans.   Sources said a sect...

Tax waiver on firms’ salary expenses now conditional

Tax waiver on firms’ salary expenses now conditional

Doulot Akter Mala 2017-09-07 12:00:00

Employers have to ensure return submission on the withholding tax of their employees having taxable incomes to claim tax waiver on salary expenses.    As per provision, the tax benefit on...

DSEX crosses 6,100-mark as stocks rebound   

DSEX crosses 6,100-mark as stocks rebound  

FE Online Report 2017-09-07 12:00:00

Stocks rebounded strongly on Thursday with the key index of the country’s premier bourse crossing the 6,100-mark, as investors bided their time on large-cap stocks.     Brokers said...

DSE, CSE open higher Thursday

DSE, CSE open higher Thursday

FE Online Report 2017-09-07 11:55:33

The prices of most of the shares on both bourses saw upward trend in early hour of trading Thursday as investors continued their buying binge on sector-wise stocks.   After facing marginal corr...

BD performance in financial inclusion not impressive: survey

BD performance in financial inclusion not impressive: survey

Jasim Uddin Haroon 2017-09-06 12:00:00

Bangladesh lags behind neighbouring India and Pakistan in attaining financial inclusion of people from various social strata, according to a survey.   The country ranked 19th, scoring 66 in the...

DSEX crosses 6,100-mark

DSEX crosses 6,100-mark

FE Online Report 2017-09-06 12:00:00

The prices of most of the shares on both bourses saw upward trend in early hours of trading Wednesday as investors continued their buying binge on sector-wise stocks.   After hitting record hig...

Govt set to revise GDP base year

Govt set to revise GDP base year

-- 2017-09-06 12:00:00

The government is going to rebase and revise the GDP year to 2015-16 from the existing 2005-2006, incorporating many more emerging areas of economic activities into the calculation of economic output....

REER index up in FY17

REER index up in FY17

FE Online Report 2017-09-06 12:00:00

Index of Real Effective Exchange Rate (REER) of Bangladeshi currency increased to 140.32 at the end of the past fiscal year (FY17) which was 138.33 at the end of FY16, the Bangladesh Bank data reveale...

Stocks break eight-day rally on profit booking

Stocks break eight-day rally on profit booking

FE Online Report 2017-09-06 05:43:21

Stocks witnessed marginal correction on Wednesday, snapping eight-day sharp rally, as risk-averse investors booked profit on quick-gaining shares. Dealers said investors mostly preferred to pocket pr...

Govt resumes borrowing from banks to meet budget deficit

Govt resumes borrowing from banks to meet budget deficit

Siddique Islam 2017-09-05 12:00:00

The government restarted borrowing from the banking system, ending over a month's suspension, through auctioning its securities for part financing of budget deficit.   Exigencies of food import...

NBR sets strategies to collect revenue from large taxpayers

NBR sets strategies to collect revenue from large taxpayers

Doulot Akter Mala 2017-09-05 12:00:00

Taxmen hope to harness a higher amount of Tk 550 billion in revenue from large taxpayers this fiscal year by executing a strategic plan. The strategic plan is evidently drawn amid anticipation of r...

BB team off to Manila for heist money recovery

BB team off to Manila for heist money recovery

Reuters 2017-09-05 12:00:00

Bangladesh’s central bank will send a team of officials to the Philippines on Tuesday to push for the recovery of more of the $81 million stolen from its account at the New York Federal Reserve...

Stocks seen mostly higher in early trading

Stocks seen mostly higher in early trading

FE Online Report 2017-09-05 12:00:00

The prices of most of the shares on both bourses saw an upward trend in the first hour of trading Tuesday as investors continued to show their buying appetite on sector-wise issues.   After hit...

DSE, CSE open higher after Eid vacation

DSE, CSE open higher after Eid vacation

FE Online Report 2017-09-04 12:20:21

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Monday, after three-day Eid holidays, as investors are showing their buying appetite on sector-wise iss...

Stocks end higher first session after Eid

Stocks end higher first session after Eid

FE Online Report 2017-09-04 05:45:01

Stocks ended higher on Monday, the first session after three-day Eid holidays, as investors continued their buying spree on sector-wise stocks. Market insiders said the stocks extended their winning...

Bangladesh for strengthening SAFTA, BIMSTEC

Bangladesh for strengthening SAFTA, BIMSTEC

-- 2017-09-03 12:00:00

Bangladesh has emphasised on strengthening business alliances like the South Asian Free Trade Area (SAFTA) and Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)...

Financial condition is really important to think about

Financial condition is really important to think about

-- 2017-05-21 16:44:44

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Most bank boards ignorant of cyber risks, finds study

Most bank boards ignorant of cyber risks, finds study

Mehdi Musharraf Bhuiyan 1970-01-01 12:00:00

A significant section of the country's banks and their governing bodies are not sure about what their major cyber threats are, a recent industry-wide survey on cyber risk governance has revealed. The...

BD deserve better treatment from india

BD deserve better treatment from india

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Asjadul Kibria Bangladesh can do no harm to India rather the country deserves better treatment from India especially in the area of trade and economy. Dr Biswajit Dhar, a professor of New Delhi-base...

Jahangirnagar univ student dies in road mishap

Jahangirnagar univ student dies in road mishap

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A Jahangirnagar University (JU) student was killed and another injured when a bus hit a human hauler on Dhaka-Aricha highway at C&B Bus Stand in Savar early Friday. Nazmul Hasan Rana, 24, a s...

DSE, CSE open optimistic

DSE, CSE open optimistic

FE Online Report

The prices of most of the shares saw upward trend in early hour of trading on Monday as investors continued to take position on sector-wise large-cap stocks.   After surpassing the 5,900-mark i...