• Earlier resignation would’ve caused less damage to govt, country
  • A hope made in US
  • Humayun created lead roles keeping me on mind: Hayat
  • BB announces new agri, rural credit policy
  • A bridge in troubled waters
  • Fresh clashes in northeast India, toll rises to 22
  • Rio+20 summit termed ‘world leaders’ picnic’
  • 5 injured as police charge batons on RMG workers
  • Owners asked to settle payment before Eid
  • Adequate steps to address floods in north called for
  • Another victory for democracy in Pakistan
  • Arch rivals meet in Premier Hockey
  • Film director Shamsuddin Togor dies
  • 25 non-PD banks have to hold 40pc T-bills, bonds: BB
  • ‘40 India nuclear plant workers contaminated’
  • President for expanding welfare scouts activities
  • HC disposes of speaker ruling petition
  • A tearful goodbye for Humayun
  • Destroying the commons
  • Obama v medical access
  • Seminar analyses relation between movie and political movement
  • WB precondition prompts Abul’s exit, says Muhith
  • PDB decreases power price hike from 50pc to 35pc
HOME  BUSINESS

BB announces new agri, rural credit policy

Bangladesh Bank on Tuesday announced the agriculture and rural credit policy and programmes for the current fiscal year of 2012-13 focusing on protection of agriculture sector from the adverse impact of climate change. Full story

25 non-PD banks have to hold 40pc T-bills, bonds: BB

Bangladesh Bank on Tuesday said 25 non-primary dealer banks would have to mandatorily hold 40 per cent of treasury bills and bonds. The BB issued a circular to chief executive officers and managing directors of all... Full story

SEC asks cos to stop investment announcement

The Security and Exchange Commission on Tuesday asked companies, especially banks, not to make any stock investment decision public as such practice was out of securities law. Full story

Stocks rise sharply on Abul’s resignation

Dhaka stocks rose sharply on Tuesday amid investors’ optimism following the resignation of ICT minister Syed Abul Hossain, considering it would resume the World Bank funds for Padma bridge. Full story

Telenor plans massive job cut in India

Norwegian mobile phone operator Telenor ASA plans to cut hundreds of jobs in India as part of a cost-cutting drive that some analysts saw as a signal it will stay in the country despite recent regulatory problems. Full story

Euro slips on fresh worries over Europe

The euro's roller coaster ride continued in Asian trade on Tuesday after it plummeted to a near 12-year-low against the yen a day earlier on worries about the troubled eurozone. Full story

Market Disclosures

Federal Insurance Md Abdus Salim Chowdhury, one of the sponsors of the company, has expressed his intention to sell 1,00,000 shares out of his total holding of 9,91,408 shares of the company at prevailing market... Full story

Oil prices up in Asian trade but eurozone fears cap gains

Oil rebounded from earlier losses in Asia Tuesday as investors picked up bargains but the underlying mood remained weak on concerns over the eurozone's long-running debt crisis, analysts said. Full story

Germany’s top rating threatened

The eurozone crisis took a fresh turn for the worse Tuesday after ratings agency Moody’s threatened to cut Germany’s coveted top credit rating amid fears the bloc’s difficulties could pull it apart. Full story

EXIM Bank gets new managing director

Mohammed Haider Ali Miah has joined Export Import Bank of Bangladesh Limited as its managing director. Prior to this joining, he was additional managing director of the bank, said a news release. Full story


    Wednesday, July 25, 2012

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