• Govt-Grameen tussle drags on
  • A welcome step
  • IMF loan: at what cost?
  • Teesta deal: when, if ever?
  • Stalking and our morality
  • ‘Listen to experts’
  • In Europe and America, ‘austerity’ doesn’t mean what you think it means
  • Huge audiences enjoy Tagore songs at Chhayanaut
  • Tagore’s birth anniv at Bangla Academy
  • Blast hits UN observer convoy in Syria
  • Kidnappings threaten Pakistan aid work
  • Stocks sink below 5,000pt as legal battle haunts investors
  • Call for more allocation for social safety net programmes
  • Deadline over, BPL franchises yet to pay dues
  • Siddik inches closer to victory
  • DCs fear breakdown in chain of command
  • EU asks govt to probe enforced disappearances
  • HC summons AL MP over ‘land grab’
  • No respite from hot, dry weather in sight
  • Tension brews in CHT over land dispute resolution
  • Relocation of families from Ctg hill slopes decided
  • RUET takes action against Sajib’s killers
  • Power sector plans marred by slow implementation: OQ
HOME  BUSINESS

Stocks sink below 5,000pt as legal battle haunts investors

Investors stage demonstration in front of Dhaka Stock Exchange on Wednesday in protest against repeated filing of writ petitions by directors of listed companies. — New Age photo
The general index of the Dhaka Stock Exchange on Wednesday plunged below 5,000 points again as investors, panicked by the legal battle over the minimum shareholding rule for the directors of listed companies, went for sell-offs amid... Full story

Call for more allocation for social safety net programmes

Bangladesh Krishi Bank chairman Khandker Ibrahim Khaled, second from right, speaks at a pre-budget discussion organised by Shamunnay held in Dhaka on Wednesday. Food and disaster management minister Muhammad Abdur Razzaque, third from right, was also present. — New Age photo
Speakers at a pre-budget discussion on Wednesday urged the government to increase the budget allocation to social safety net programmes (SSNP) and ensure that it would be provided to poor people without corruption. They also called upon the government to formulate... Full story

Bourses want to be respondents to latest writ petitions

Dhaka and Chittagong stock exchanges will apply to the High Court to be respondents to the two latest writ petitions filed by 13 directors of two companies challenging the stock regulators’ rule on mandatory... Full story

NBR to introduce e-payment system on May 26

The National Board of Revenue is going to introduce an e-payment system, replacing traditional manual tax payment method on May 26. The NBR on Wednesday held a programme in a city hotel to... Full story

Forex reserve stands at $9.58b after ACU payment

The country’s foreign exchange reserve on Wednesday tumbled again below $10-billion mark because of import bill payment to the Asian Clearing Union. The forex reserve stood at $9.58 billion on Wednesday... Full story

Gold hits 4-month low as crisis hurts eurozone

Gold fell for a third day on Wednesday, touching a four-month low and all but wiping out its gains for 2012 as the escalation in the eurozone debt crisis prompted investors to favour dollars and German... Full story

Market Disclosures

Beach Hatchery Ltd As per regulation 30 of DSE Listing Regulations, the company has informed that a meeting of its board of directors will be held today at 4:00pm to consider, among others, audited financial... Full story

Oil price lower on eurozone worries

Oil prices edged lower in Asian trade Wednesday, weighed by concerns over the eurozone’s political and economic problems, although bargain-hunting provided some support, analysts said. Full story

Euro falls in Asia amid political turmoil

The euro weakened against the dollar and yen in Asian trade Wednesday as investors fretted over political uncertainty in Europe and its impact on the common currency. The euro bought $1.2975 and... Full story

EU, Germany face dilemma as Greece faces exit

Political limbo in Greece over demands for renegotiation of debt rescues puts the country close to the eurozone exit and also poses grave dilemmas for the EU and notably Germany, analysts say. Full story

Myanmar: a goldmine with frontier risks

A file photo shows a man riding his trishaw past billboards along the Pathein river front in Pathein, some 200 kms west of Yangon. As Myanmar prepares for an economic resurgence following the end of decades of military rule, wide-eyed firms from all over Asia are competing for a piece of the potentially lucrative pie. — AFP photo
As Myanmar prepares for an economic resurgence following the end of decades of military rule, wide-eyed firms from all over Asia are competing for a piece of the potentially lucrative pie. With largely untapped natural resources, including... Full story

Malaysia exports grow by 4.4pc in Q1

Malaysia said Wednesday that exports rose a better-than-expected 4.4 per cent year-on-year in the January-March period, thanks to a pick-up in demand from the United States and Southeast Asia. Full story


    Thursday, May 10, 2012

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