Month: August 2013

The government is planning to sign a preferential trade agreement with Sri Lanka in a limited scale instead of the much-talked free trade agreement between the two countries to strengthen bilateral trade, officials of the commerce ministry said. The ministry has primarily decided to include only 10 to 12

Demutualisation Scheme BSEC likely to cut DSE, CSE board size Bangladesh Securities and Exchange Commission is likely to reduce the number of directors in the boards of the demutualised Dhaka and Chittagong stock exchanges to 10-12 from 19 as proposed by the bourses, said commission sources. The bourses in the demutualisation scheme submitted on

Businesses at a seminar on Saturday said political instability, corruption and absence of a proper policy were the main challenges Bangladesh was now facing in attracting foreign direct investment to the country. At the seminar on opportunities and challenges of the foreign direct investment organised by the Dhaka Chamber of Commerce and Industry,

Despite the expansion of microcredit and banking system, more than 26 per cent of the households in the country still rely on the informal financial services like local lenders, found a new study of the Institute of Microfinance. The study, presented at a conference on Saturday, showed that 65.69 per cent of the households had ... Read more

Economic Relations Division is going to host an international workshop in Dhaka today on post-Millennium Development Goal on the global partnership for effective development cooperation. The three-day workshop titled ‘Asia Workshop on the global partnership for effective development cooperation: links to the post-2015 development agenda,’

Dhaka stocks remained positive for the second week in last week with bigger turnover as investors increased their participation amid optimism about development on the political front. Before the two weeks of rise, the market passed four weeks in the red. Market operators said investors remained upbeat

ICCB vice-president tells workshop The recent scams at the banks are nothing but straight cheating by some so called companies in connivance with a group of bank officials and influential group. The Bangladesh Bank is taking measures to prevent the scams, but incidents are growing faster than actions, International Chamber of Commerce Bangladesh vice-president Latifur ... Read more

Grameenphone on Saturday invited young and talented students to participate in a competition under ‘Telenor Youth Summit-2013’ to be held in Oslo, Norway in December 9-11. ‘GP invites young people to submit innovative ideas for the summit. Bringing about positive social change in the country through applying mobile technology

Hafiz Ahmed Mazumder has been unanimously re-elected the chairman of Pubali Bank while Habibur Rahman was re-elected the vice-chairman recently, said a press release. Lawmaker Hafiz, who is also an industrialist and tea planter, is associated with many social welfare activities. He established Hafiz Majumder Education