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  • Page 165

Category: Business

‘Proper cooperative management for poverty alleviation stressed’

September 23, 2013 editorBusiness

Discussants at a training course here have stressed for ensuring proper management in the cooperative societies to alleviate poverty through attaining self-reliance by the poor in building a medium income nation.

NBR earns Taka 77 lakh in Rajshahi tax fair

September 23, 2013 editorBusiness, Finance

Income tax of more than Taka 77 crore was collected in a weeklong Tax Fair-2013 that concluded formally on Jafar Imam Tennis Complex here yesterday.

finance

KCC to manage cattle market

September 23, 2013 editorBusiness, Trade

Getting no response despite repeated calls for tender submission for the lease of the city’s makeshift cattle market for the upcoming Eid-ul-Azha, the KCC authorities have decided to run the market under its own management this time like the past…

trade

Tax Fair ends with collection of over Tk 1117.43cr

September 22, 2013 editorBusiness, Finance

Dhaka – The seven-day Income Tax Fair, arranged to motivate people to pay taxes regularly, ended on Sunday posting a collection of Tk 1117.43 crore from taxpayers.

finance

Unrest forces production suspension at 100 Gazipur RMG units

September 22, 2013 editorBusiness, Manpower

Gazipur – Production at over 100 garment factories in several parts of the district was suspended for a day on Sunday following labour unrest.

Manpower

Moving to the rhythm ‘can help language skills’

September 22, 2013September 22, 2013 editorInnovations, Science, Stocks

Moving in time to a steady beat is closely linked to better language skills, a study suggests. People who performed better on rhythmic tests also showed enhanced neural responses to speech sounds.

innovation

Islami Bank’s 2 remittance clients given refrigerators

September 21, 2013 editorBanking, Business

Islami Bank Bangladesh Ltd (IBBL) on Saturday provided two refrigerators to its two remittance clients for receiving foreign remittance from the Bank through Express Money.  

Banking

Most stock market recommendations not implemented: Khaled

September 21, 2013 editorBusiness, Stocks

Former chairman of Bangladesh Krishi Bank Khondokar Ibrahim Khaled on Saturday said the stock market has failed to regain investors’ confidence as most of the recommendations of his committee that investigated the share market scam remained unimplemented.  

Stocks

Tax fair collects Tk 8 bln

September 21, 2013 editorBusiness, Finance

The government has collected around Tk 8 billion in taxes from across Bangladesh in the six days of the week-long Income Tax Fair 2013.

finance

Unfair jute prices worry growers in Bogra

September 21, 2013 editorBusiness, Trade

Jute growers in Bogra, to their utter disappointment and shocks, are being denied actual prices of their produce in the local markets.

trade

Another power deal likely with Indian private company

September 20, 2013 editorBusiness, Industry

The government is likely to sign a power purchase agreement (PPA) with Indian private power trader PTC India Ltd within a few days to import 250 MW from October.  

Industry

DCCI urges Malaysian businessmen to invest in Bangladesh

September 20, 2013 editorBusiness, Finance

Dhaka Chamber of Commerce and Industry (DCCI) President M Sabur Khan, now in Kuala Lumpur, has invited the Malaysian businessmen to invest in Bangladesh, especially in the power, energy and infrastructure sectors.  

finance

Onion market manipulation, middlemen making profit

September 20, 2013 editorBusiness, Trade

Middlemen are earning huge profit from the sale of locally produced onion at higher rate of Tk 70 to Tk 75 to the wholesalers, which the middlemen purchased from farmers at Tk 24 on an average, consumers rights group said.

trade

IBBL launches Mudaraba Muhor Savings Account for women

September 20, 2013 editorBanking, Business

Islami Bank Bangladesh Limited (IBBL) has introduced Mudaraba Muhor Savings Account (MMSA) to create awareness among the Muslims about the basic right of wives.   As per Islami Shariah, it is ‘fard’ (mandatory) for a husband to pay Muhorana to his…

Banking

Registration to send workers aboard begins Sept 22

September 20, 2013 editorBusiness, Manpower

Expatriates Welfare and Overseas Employment Minister Engineer Khandaker Mosharraf Hossain on Thursday said the registration process to send Bangladeshi workers abroad will begin on September 22.  

Business

Mandatory Use of Jute in Packaging Bill passed

September 20, 2013 editorBusiness, Industry

A bill, titled ‘Mandatory Use of Jute in Packaging (Amendment) Bill-2013’, was passed in Parliament on Thursday.  

Industry

Saarc Handicraft Exhibition begins in city Sunday

September 20, 2013 editorBusiness, Trade

A six-day Saarc Handicraft Exhibition will begin here on Sunday, aiming to strengthen mutual harmony among Saarc countries through promoting the traditional local handicraft industry and developing the cultural institutions.  

trade

DSE loses, CSE gains Wednesday

September 19, 2013 editorBusiness, Stocks

Of the two bourses, the key share index of Dhaka Stock Exchange (DSE) experienced a nominal loss while that of the Chittagong Stock Exchange (CSE) registered gain on Wednesday.  

Stocks

TCB needs 20-25pc market share for market intervention: Minister

September 19, 2013 editorBusiness, Trade

Commerce Minister Golam Mohammad Kader on Wednesday informed Parliament that the Trading Corporation of Bangladesh (TCB) needs to have 20-25 percent market share for its market intervention in case of any artificial crisis.  

trade

Padma Bridge independent consultant’s cost to rise 18.74pc

September 19, 2013 editorBusiness, Finance

Communications Ministry has proposed to increase the contract value of the Padma Bridge project’s independent checking engineer (ICE) by Tk 2.0275 crore.  

finance

Moscow keen to invest in chemical, communication sectors

September 17, 2013 editorBusiness, Finance

Visiting Russian Deputy Minister of Industries and Trade Yuri Slyusar on Tuesday said Russian businessmen are interested to invest in pharmaceuticals, communication and other infrastructure sector in Bangladesh.

finance

RMG unrest: Production at 10 factories suspended in Gazipur

September 17, 2013 editorBusiness, Manpower

Production at 10 garment factories in Hotapara and Monipur areas of Sadar upazila was suspended for a day on Tuesday following labour unrest.  

Manpower

German economic confidence up more than expected

September 17, 2013 editorBusiness, Finance

A German index of economic optimism among investment professionals rose more than expected in September, underlining stronger growth prospects for Europe’s largest economy and for the euro currency union as a whole.  

finance

Govt inks protocol of cooperation with Aga Khan Deveopment Network

September 17, 2013 editorBusiness, Finance

Bangladesh government and Aga Khan Development Network (AKDN) on Monday signed a protocol of cooperation for development in different fields including education, health, economy and environment.

finance

WB country director meets Dhaka Wasa MD

September 17, 2013 editorBusiness, Finance

World Bank country director Johannes Zutt called on managing director of Dhaka Wasa Taqsem A Khan at his office on Monday.

finance

Both bourses continue to gain

September 17, 2013 editorBusiness, Stocks

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange, continued gain on second consecutive trading day of the week on Monday.

Stocks

Farmers show interest to more profitable vegetable farming

September 16, 2013 editorBusiness, Trade

Farmers of the region, including the vast Barind tract, are humming with vegetable farming due to economic prospect of the crop.

trade

BB’s financial stability report depicts rosy pix of economy

September 16, 2013 editorBanking, Business

The Bangladesh economy demonstrated considerable resilience in 2012. While advanced economies recorded a real GDP growth of only 1.5 percent in 2012, Bangladesh achieved a remarkable real GDP growth of 6.3 percent in FY2011-12 underpinned by robust banking sector, attributable…

Banking

Suzuki recalls 193,936 vehicles for air bag defect

September 16, 2013 editorBusiness, Trade

Detroit – Suzuki is recalling 193,936 cars and SUVs because of a defective air bag sensor in the front passenger seat.

trade

Tea farming becomes popular in changing Panchagarh economy

September 15, 2013 editorBusiness, Finance

Commercial tea farming has already become popular bringing fortunes to hundreds of farmers and huge socioeconomic change through alleviating poverty in Panchagarh in recent years.

finance

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Editor: MOSTAFA KAMAL MAJUMDER

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