• Rebels seize border post on Turkish frontier
  • Tigers out to dictate terms in death group
  • Crimes rule Suhrawardy Udyan after dark
  • Polls after dissolving JS: PM
  • BAIRA threatens to suspend manpower export
  • Man stabs elder brother to death in city
  • No respite to passengers’ plight
  • Hallmark seeks 20yrs to repay Sonali money
  • PM asks secys to work to continue democracy
  • PM criticises Yunus again
HOME  BUSINESS

SEC to file criminal case against RN Spinning

The Securities and Exchange Commission on Wednesday decided to file criminal case against RN Spinning Mills as the company submitted fake documents to the commission during an investigation. Full story

BB launches guidance notes for banks, NBFIs

Bangladesh Bank on Wednesday launched guidance notes on money laundering and terrorist financing prevention asking all the financial institutions to take a host of measures including formation of central compliance units. Full story

Malibagh market now ‘formalin-free’

A fish trader examines presence of formalin in fish as commerce minister GM Quader looks on at Malibagh kitchen market in Dhaka on Wednesday. The FBCCI distributed three formalin detection machines to the market committee at a programme on the day. — New Age photo
The Malibagh kitchen market was declared formalin-free on Wednesday as part of the Federation of Bangladesh Chamber and Commerce Industry initiative to stop use of the hazardous chemical on fish and vegetables. The apex chamber body... Full story

Online tax payment draws huge response in fair

A police officer fills up forms along with other taxpayers at a tax fair at Officers’ Club in Dhaka on Wednesday. The NBR collected Tk 428.63 crore in income tax in just four days from the seven-day fair in 18 districts. — New Age photo
The e-payment system has drawn great attention of taxpayers in paying tax online in the third weeklong income tax fairs in 18 districts as more than 4,000 people registered in just four days for getting the services in easy, hassle-free and secured way. Full story

Turnover hits 14-month high on DSE

Dhaka stocks gained for the second day on Wednesday with the turnover of the bourse hit a 14-month high at Tk 1,288.42 crore as investors remained hopeful about the World Bank loan for the Padma bridge. Full story

Oil mixed in Asia

Oil prices were mixed in Asia trade Wednesday as euphoria sparked by the US Federal Reserve's fresh stimulus plan began to ebb, analysts said. Investors have now switched focus to demand worries owing to signs... Full story

JAL riding high on Tokyo bourse relisting

Japan Airlines marked a spectacular return from bankruptcy when its shares soared in early trade after relisting in Tokyo Wednesday, three years after it became one of the nation's worst ever failures. Full story

Dollar soars against yen on Bank of Japan’s easing

The dollar soared against the yen in Asia on Wednesday as the Bank of Japan announced additional monetary easing, boosting an asset-purchasing fund by 10 trillion yen ($128 billion) to 80 trillion yen. Full story

Market Disclosures

Bay Leasing & Investment Mofizur Rahman, one of the sponsors of the company, has expressed his intention to sell 5,00,000 shares out of his total holding of 5,02,200 shares of the company at prevailing market... Full story

Asia’s business sentiment falls for 2nd quarter

A file photo shows businessman sitting on a bench in a downtown business district of Tokyo. — Reuters photo
Business sentiment among Asia’s top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia’s outlook, a Thomson Reuters/INSEAD... Full story

Subsidies for farmers fall to record low: OECD

Government subsidies for farmers in OECD countries have fallen by half over 40 years, reaching the lowest levels since the mid-1980s, a report showed on Wednesday. But the fall reflected a rise of food prices rather... Full story

Asia-Pacific home to most millionaires: report

Asia-Pacific has overtaken North America as home to the most millionaires for the first time, boosted by a rise in the number of wealthy in China and Japan, a report released on Wednesday showed. The region had 3.37 million high net worth individuals... Full story

Alibaba buys back half of Yahoo’s stake

China’s Alibaba Group said it bought back half the stake Yahoo Inc owned in the company for about $7.6 billion, moving closer to an initial public offering, reports Reuters. Alibaba said it paid Yahoo about $6.3 billion... Full story

Con-Expo begins Sept 26

The four-day construction materials exhibition ‘15th Con-Expo Bangladesh 2012’ will begin at the Bangabandhu International Conference Centre in the capital on September 26. Full story

GP, Fiber @ Home ink deal

Grameenphone Ltd and Fiber @ Home Ltd have recently signed an agreement under which Fiber @ Home will provide and maintain connectivity service for Grameenphone. Grameenphone chief executive officer... Full story


    Thursday, September 20, 2012

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