DHAKA: The common investors who staked their luck on stocks that are introduced and operated under book-building system on the stock market became unlucky, as they have to count out most of their capital.  When the companies are making profit, common investors of three companies under

SYLHET : Commerce Minister M Faruk Khan Wednesday inaugurated the month-long International Trade Fair’ in Shahi Eidghah area in the city. A number of foreign companies of India, Nepal, China, Thailand and Malaysia are showcasing their products in the fair.  Administrator of Sylhet

  SIRAJGANJ: The milk suppliers of Sirajganj Milk Vita put blockade on the Dhaka-Nagarbari and Dhaka-Borga highways on Wednesday to realize their nine-point demands including increase of milk price and lift of quota system in purchase. Their agitation stopped traffic movement on the

DHAKA: The Securities and Exchange Commission Tuesday approved Tk 324.64 crore preference shares of Summit Power and BDCOM Online Ltd for trading.In a meeting, the SEC also extended by three more months from June 30 to September 30 time for banking and financial institutions to form

DHAKA: The National Productivity Organization (NPO) has apparently turned into an ‘unproductive’ organization in the last 21 years without any job. Established in 1989, the NPO aims to increasing the productivity of the public and private industries and factories under the auspices of

Revenue target crossed to Tk 62,747 croreStaff Correspondentbanglanews24.com.bdDHAKA: A total of 1,923 moneyed men washed white their TK 923 crore ‘black money’ in the just-past fiscal year, according to official disclosure made Tuesday.Dr Nasir Uddin Ahmed, Chairman of the National

DHAKA: Huawei Technologies Limited, a major player in providing next generation telecommunication networks has reached in the list of Fortune Global 500 companies by revenue for the first time, ranking 397th.The U.S. magazine “Fortune” published 2010 Fortune Global 500 list on July 9.

DHAKA: AKM Selim Osman has been elected President of Bangladesh Knitwear Manufacturers and Exporters Association for next two years (2010- 2012). Al-haj Habibur Rahman was elected first vice-president, Mohammad Hatem second vice-president, Colonel (rtd.) Sarafat Jamil vice-president and

DHAKA: Bangladesh’s apex business body FBCCI expressed its disagreement with former oil and gas minister and present Rajya Sabha member of India Mani Shankar Aiyar over expanding scope of Bangladeshi goods export to the Indian market.The disagreement came at a meeting held between FBCCI

DHAKA: Government’s latest ultimatum for a bunch of state-owned enterprises to offload shares on the stock market got a clear naught as the deadline ended Sunday without any compliance. Despite strong warnings from the government, not a single SOE did float shares on the market in the

  DHAKA: A new private airline styled Regent Airways is expected to hit the country’s fast-growing aviation market in August, with a promise to fly elegantly affordably for passengers of all classes. Capt. Alimuzzaman, Flight Operation Director of the Regent Airways, told

DHAKA: The state-run Trading Corporation of Bangladesh totters far behind the requisite speed in procuring essential items to keep prices in tolerable levels while the holy Ramadan is only four weeks away. Though only four weeks to go before the month of fasting and religious festivals,

DHAKA: Dhaka Bank Limited opened a new ATM booth at Halishahar in Chittagong. Jashim Uddin, director of the DBL inaugurated the new ATM booth, said a press release. Managing Director of the Bank Khondker Fazle Rashid, Regional Manager of Chittagong Sirajul Hoque, Head of Cards and

DHAKA : Counting of votes for Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) polls is underway as balloting ended Sunday afternoon. Voting started at 9am and continued till 4pm at Dhaka Officers` Club and Narayanganj Club. Secretary of BKMEA Shulov Chowdhury told

DHAKA: A Thai Food and Cultural Festival began here on Sunday at Radisson Hotel. Royal Thai Embassy, Thai Airways and Radisson Hotel jointly organized the seven-day festival, a press release said. “The cuisine has carefully been selected,” it added. Visitors joining the festival may

DHAKA:  The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex body of country’s businesspeople, will form market-monitoring committee to keep the prices of essentials in tolerable levels during the month of Ramadan.Newly elected FBCCI President AK Azad

DHAKA: An aircraft of Biman Bangladesh Airlines has been grounded for 15 days, causing a loss of Tk 78 lakh from the public exchequer, sources said. The national airlines could not fly the leased aircraft for damaged windshield that could be replaced at a cost of Tk 14 lakh. As it was

DHAKA: Dhaka Chamber of Commerce and Industries (DCCI) has won the “CACCI Local Chamber Award” of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI).    DCCI President Abul Kasem Khan received the award from newly elected CACCI President Ambassador

DHAKA: The pressing pay-hike issue of garment workers turns out as a weapon of ‘trade diplomacy’ for the government to gain the long-delayed duty-free access of apparel products to the United States.   Bangladesh is negotiating with the US authority with a notion that duty-free

DHAKA: Following disagreements between Dhaka and Chittagong Stock Exchanges over the trading hours, authorities of the two bourses have applied to the Securities and Exchange Commission for changing the transaction time.The DSE authorities have prayed for restoring its transaction period