26 Feb 2017, Sunday

Along with government offices and courts, all banks and share markets in Bangladesh will remain open for business on July 16 to make up for lost transactions and trading on Jul 4 day-off. Bangladesh Bank in a statement on Thursday said the central bank and all scheduled banks will stay open this Saturday as a working day.

Both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on their websites announced that they would also be trading on Saturday.

A government handout on Wednesday also said that public servants will work this Saturday.

Government offices had closed on July 3 on account of the Shab-e-Qadr and from Jul 5-7 because of the Eid-ul-Fitr vacation.

As July 4 was the only working day before

BSEC cuts fees for share trade

  2016-07-15 03:43:27

The stockmarket regulator has initiated a move to cut transaction and other fees charged by the Central Depository Bangladesh Limited or CDBL, the operator of central depository system for electronic share transaction. The move, an amendment to the existing depository rules, will give a relief to the depository participants, commonly known as stockbrokers and merchant banks, as well as to the investors in the backdrop of a bearish trend in the market since the early 2011's price debacle. As per the modification, the fee on transactions of equity share, mutual funds and exchange-traded funds will be Tk 0.000125, instead of existing Tk 0.00025. It means that if the total transaction value is Tk 1 lakh, a depository participant will have to pay Tk 12.5,

The finance ministry yesterday finalised the fees for the much awaited Robi-Airtel merger at Tk 100 crore, while the charge for each megahertz of spectrum has been fixed at Tk 33.8 crore for the next four years. Airtel is currently using 15 MHz of 2G spectrum, and if Robi takes the entire spectrum, it will cost them ...

Police superintendent Babul Akter has been absent from his workplace for the last 39 days. No one in the force is willing to openly verify whether he has left his job or is on leave. Babul remains silent too.

Certain officials of the police headquarters, on condition of anonymity, told Prothom Alo on Wednesday ...

Oil prices rose as much as 2 percent on Thursday, extending early gains as traders covered short positions a day after crude futures were hammered by weak US demand for fuel during the traditionally busy summer driving season.
Key crude benchmarks Brent and US West Texas Intermediate (WTI) lost about 4 percent ...

Islamic Foundation has urged all mosques across the country to follow the khutba (sermon), to be delivered at Baitul Mukarram National, during jumma prayers on Friday (15 July), reports news agency UNB. The foundation released the khutba, formulated shedding light on militancy, on Thursday and urged all mosques ...

Forex reserve crosses $30bn

 2016-07-15 03:51:32

It's first time, the country’s foreign exchange reserve crossed US$ 30 billion mark.   The country's foreign exchange reserves have touched $30.02 billion.   Earlier in April, the foreign exchange reserves of Bangladesh have crossed the $29-billion ...

Mobile operator Robi yesterday named Mahtab Uddin Ahmed as its first local chief executive officer and managing director. Ahmed will replace Supun Weerasinghe, to be effective from November 1, the company said in a statement. After taking the reins of Robi, Ahmed will be the first Bangladeshi CEO for any ...

On March 7 1971, we turned away from a disturbing, debilitating past. On that afternoon, we followed the lead of our Great Man, the Druid in our lives, and crossed the Rubicon. It was our moment of self-assertion. It was his finest hour. We simply turned the page, found a new leaf on which to write new history, our ...

This band presents songs that are refreshingly unique and breathtakingly beautiful. You feel so connected to the songs - its melodies and its lyrics - that you are tempted into believing that you've known them all along. Joler Gaan has broken every rule in the book, and yet, at the same time, they have managed to stay ...

Breastfeeding is traditionally known for child’s benefit, but The Lancet says it has both social and economic impacts and suggests countries to make it a separate ‘indicator’ in pursuing the new sustainable development goals. In a first comprehensive analysis of breastfeeding impacts, the influential ...

Hackers chose weekend to break into BB systems

news desk : A band of hackers chose the weekend in four countries as the opportune moment to break into Bangladesh Bank's systems to steal its money deposited in an account with the New York Federal Reserve Bank. The weekly two-day bank holiday starts in Bangladesh at Thursday midnight and a day later in the US, the Philippines

City Bank signs deal with Phoenix Insurance

news desk : City Bank signed an insurance arrangement called "Bankers Blanket Bond" (BBB), a new insurance service in Bangladesh recently with Phoenix Insurance Company Ltd. This agreement will provide financial protection against financial fraud, forgeries and different financial crimes. Sohel R. K. Hussain, Managing Director

Nibras ‘was in Jhenaidah’ hiding identity

news desk : Nibras Islam, one of the five Dhaka cafe attackers, had been living at a rented house in Jhenaidah town disguising his name as ‘Sayeed’, locals say. However, the matter has not been confirmed on behalf of the police yet. Bilkis Nahar, wife of the owner of the house and a former army sergeant Kawsar

Brazil football team in Colombia plane crash

bbc : A plane carrying 72 people, including a Brazilian football team, has crashed on its approach to the city of Medellin in Colombia, officials say. Details are unclear but some reports say there are survivors. The chartered plane, flying from Bolivia, was carrying members of the

Samsung profit misses expectations

News Desk : Samsung Electronics said Friday that its operating profit in the fourth quarter of last year (2015) was likely to be 6.1 trillion won (US$5 billion), up by 15 percent from the same quarter a year ago.  

Salman’s Sultan teaser to be attached with Shah Rukh’s ‘Fan’

Salman Khan's Sultan teaser will be attached with Shah Rukh Khan's next release Fan, which is also a Yash Raj production. SRK's next release after Fan will be Raees which is going to clash with Salman's Sultan. Fan will release on April 15 Trade analyst Taran Adarsh took to Twitter to share the great news with

Love is never easy but it can be the most beautiful thing: Katrina Kaif

Katrina Kaif believes love is the most complex emotion, something that is never easy but can be the most beautiful thing. Talking at the trailer launch of Fitoor in Mumbai on Monday (January 4), Katrina when asked about a dialogue that appears on the movie poster ‘Yeh Ishq Nahi Hai Aasan’ and to what

Priyanka chopra family breaks her silence on being in a relationship

And she’s made explosive statements like, “If my man cheated, I would probably beat the shit out of him first”. Read on to get the full interview… None of us have ever been able to crack Priyanka Chopra‘s love life although there have been several link-up rumours doing the rounds. Not