• Kamol Dasgupta’s 100th birth anniversary celebrated
  • Equal maternity leave for all working women called for
  • A note of discontent and hope reflected in US secretary of state’s visit
  • UN mission boosted as another 23 die in Syria
  • Govt’s waste management project falters
  • NBR moves against tax evasion thru transfer pricing
  • Probe blames excesses from both sides
  • No room for BPL champions in CL
  • Ghulam Azam indicted
  • Artworks tinted with natural colours on display
  • Shameful incident in Khulna
  • Plutonomy and the Precariat
  • Abbas warns of ‘national disaster’
  • SUST BBA students stage demo
  • Banks reach 73 per cent of target in 10 months
  • 4 killed, 5 injured in lightning strikes in Jamalpur
  • Nasir features in Canada T20
  • Violence in Ctg as BNP stages demo
  • Suranjit gets ‘clean chit’
  • RMG workers on rampage
HOME  BUSINESS

NBR moves against tax evasion thru transfer pricing

The National Board of Revenue is going to incorporate a provision in the proposed Direct Tax Act Code-2012 for preventing tax evasion through misuse of transfer pricing by the multinational... Full story

Banks reach 73 per cent of target in 10 months

Disbursement of agricultural loans by banks reached 73.91 per cent of the annual target in the first ten months of the current financial year. Bangladesh Bank officials said that although... Full story

Stocks plunge again over legal battle worries

Dhaka stocks fell sharply on Sunday after Thursday’s heavy gains as investors remained jittery about the outcome of the legal battle over the mandatory shareholding rule for the listed company directors. Full story

Political will must to make SAARC Food Bank operational: minister

The food minister, Abdur Razzaque, has stressed the need for a strong political will and initiatives among the leaders of the South Asian nations to make the SAARC Food Bank functional, aiming to ensure food security in the region. Full story

Steel millers want PSI system to go

Owners of steel and re-rolling mills on Sunday urged the government to abolish the pre-shipment inspection system and end import duty discrimination to help the industry contribute more to the national economy. Full story

DSE extends office hours for directors’ share buying

The Dhaka Stock Exchange on Sunday extended office hours till 8:00pm on weekdays and decided to keep office open on Saturday to facilitate directors of listed companies in placing their share buy or gift-receiving declarations till May 21. Full story

New company launched to support SME entrepreneurs

BD Venture Ltd, an equity financing firm, would try to create a strong base of SME organisations by facilitating educated entrepreneurs. ‘Lots of unique ideas fade away from the market either because... Full story

MMU, iART ink deal

A cooperation agreement was signed between Manchester Metropolitan University, UK and Institute of Apparel Research and Technology, Bangladesh Knitwear Manufacturers and Exporters Association in Dhaka on Saturday. Full story

CBC chairman, MD in Dhaka

Dinesh Weerakkody, chairman and Ravi Dias, managing director of Commercial Bank of Ceylon PLC arrived in Dhaka on Sunday. During their visit they were scheduled to meet various officials and its corporate... Full story

East Asian powers agree on trade pact talks

Trade ministers from South Korea Bark Tae-ho, right, China Chen Deming (2nd L) and Japan Yukio Edano (2nd R) hold hands during a signing ceremony of the fifth trilateral summit among the three nations at the Great Hall of the People in Beijing on Sunday. — AFP photo
China, Japan and South Korea agreed at a summit on Sunday to launch negotiations for a three-way free trade pact they said could help fend off global economic chills, but the talks are expected to be long and difficult because of decades of rivalry. Full story

Thousands march in Spain, UK against economic gloom

Thousands of Spaniards fed up with economic misery and waving banners against bankers marched on Saturday to mark the first anniversary of the grassroots ‘Indignados’ movement that has sparked similar... Full story

Asian bourses vie for foothold in Myanmar

Two of Asia’s biggest stock exchanges are fighting for dominance in the world’s hottest new frontier market as investors beat a path to Myanmar following the end of decades of military rule. Full story

Debt crisis boom for Italian ‘aperitivo’ buffets

As Italy’s austerity measures hit home, the ‘aperitivo’ is on the rise with more and more Italians heading for lavish happy hour buffets instead of traditional sit-down restaurants to save money. Full story

Market Disclosures

Agrani Insurance Co HM Ibrahim, one of the directors of the company, has expressed his intention to buy 1,00,000 shares in addition to his current holding of 3,00,000 shares of the company at... Full story

Eurozone drama to dominate London market this week

London investors will this week likely focus on the fast-moving eurozone sovereign debt crisis, amid heightened concerns over Greece and Spain, alongside a smattering of British data and earnings... Full story

Facebook fervour fierce before initial public offer

Facebook frenzy is spreading ahead of the company’s big-time stock market debut, with anything from Mark Zuckerberg’s hoodie to the billion-dollar buy of Instagram sparking controversy. Full story


    Monday, May 14, 2012

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