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  • A file photo shows advertisements for house rent are hung on the gate of an apartment building in Dhaka. The overall point-to-point inflation increased for the third month in January by 0.15 percentage points to 7.50 per cent from December due mainly to a hike in house rent in the first month of the new year. — New Age photo

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House rent hike fuels inflation further in January

A file photo shows advertisements for house rent are hung on the gate of an apartment building in Dhaka. The overall point-to-point inflation increased for the third month in January by 0.15 percentage points to 7.50 per cent from December due mainly to a hike in house rent in the first month of the new year. — New Age photo
The overall point-to-point inflation increased for the third month in January by 0.15 percentage points to 7.50 per cent from December due mainly to a hike in house rent in the first month of the new year. Officials of Bangladesh... Full story

NBR blames telcos, BTRC for non-coop in report finalising

The National Board of Revenue has blamed four mobile phone operators and the telecom regulator for non-cooperation in preparing the final report on settling the Tk 3,062-crore SIM replacement tax claimed from the operators. Full story

TURKSTAT says B’desh export to Turkey topped $1b in ’13, EPB data show $800m

Bangladesh’s export to Turkey crossed $1 billion in 2013, said a Turkish government report on Wednesday although Bangladesh Export Promotion Bureau’s data showed that the export earning was about $800 million during the period. Full story

BUET to oversee Savar tannery estate construction

The government on Wednesday appointed the Bureau of Research, Testing and Consultation to supervise the construction works of the effluent treatment plant and dumping yard at the proposed new tannery estate at Savar. Full story

No tax on wage earners dev bonds bought before Jul 2011: NBR

The National Board of Revenue has said interest generated from the wage earners development bonds purchased before July 2011would not be taxable. Officials of the NBR said investors would get the waiver irrespective of their date of cashing. Full story

CSE submits lists of 14 to BSEC for choosing 7

Chittagong Stock Exchange has submitted a list of 14 individuals including former cabinet secretary Abdul Karim, former NBR chairman Muhammad Abdul Mazid and DU professor Abu Ahmed to the Bangladesh Securities and Exchange Commission for... Full story

Dhaka stocks end flat

Dhaka stocks ended flat on Wednesday with a decline in turnover as late session buying cancelled out profit-taking sales in early trading. The benchmark general index of Dhaka Stock Exchange, DSEX, finished at 4,811.49 points, adding by 0.04 per cent or 1.95 points. Full story

Indians cheer on homegrown new Microsoft chief

India on Wednesday cheered the appointment of Satya Nadella as the new chief executive of Microsoft, the latest example of an Indian-born exec rising to the top of the US corporate world. Nadella, who became the... Full story

Pharma Aids obstructs DSE inquiry

The Dhaka Stock Exchange on Wednesday halted trading of the shares of Pharma Aids for an indefinite period and issued a show-cause notice to the company after officials of the company obstructed DSE officials to conduct a visit to its (company) premises. Full story

Indonesia growth at 4-year low

Indonesia’s economy, Southeast Asia’s biggest, grew at its slowest pace in four years in 2013, data showed Wednesday, but beat expectations and showed signs of improvement despite being hard hit by emerging market turmoil. Full story

Rupali Bank appoints new DMD

Khalilur Rahman Chowdhury has recently been appointed as a deputy managing director of Rupali Bank, said a news release. Prior to his new assignment, he was a general manager of Bangladesh Development Bank. Full story

Evra recommendation good enough for Berbatov

Dimitar Berbatov said on Tuesday that a recommendation from his former Manchester United colleague Patrice Evra convinced him to join Monaco on loan at the end of the January transfer window. The Bulgarian striker joined... Full story

AB Bank gets new DMD

Sajjad Hussain has recently joined AB Bank as its deputy managing director, head of operations and chief risk officer, said a news release. Prior to his new assignment, he was serving Dhaka Bank as a deputy managing director and... Full story

Yen gets a bump in Asia after stock market rout

The yen got a boost in Asian trade Wednesday after a global stock market rout spooked investors ahead of key US jobs data. At midday in Tokyo, the dollar bought 101.27 yen, weakening from 101.64 yen on Tuesday in New York. The euro was mixed at $1.3516 and... Full story

Oil prices extend gains in Asian trade

Oil prices extended gains in Asian trade Wednesday as frigid weather in the United States bolstered demand for heating fuel, analysts said. US benchmark West Texas Intermediate for March delivery rose 44 cents to $97.63 in afternoon trade while Brent North Sea crude for March added 24 cents to $106.02. Full story

Market Disclosures

S Alam Cold Rolled Steels Trading of the shares of the company will be allowed only in the spot market and block/odd lot transactions will also be settled as per spot settlement cycle with cum benefit from February 06, 2014 to February 10, 2014. Trading of the shares of the company... Full story


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