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Govt revenue earnings from DSE up 23.84pc  

Government’s revenue earnings from the premier bourse increased by 23.84 per cent in September last against the earnings of previous month amid increased amount of share transactions in capital market, officials said. According to data found in Dhaka Stock Exchange (DSE), the government’s revenue stood at Tk 249.43 million in September whereas the amount was Tk 201.40 million in August this year, FE reports. dseAmong the revenue worth Tk 249.43 million realised in September, Tk 175.81 million came from transaction of shares at a rate of 0.05 per ce...

Inter-bank call money rate hits 9.50pc    

The inter-bank call money rate hit 9.50 per cent Thursday, the last working day before the Eid-ul-Azha, because of higher withdrawal of cash from the banks, treasury officials said. The call rate ranged between 6.00 per cent and 9.50 per cent on the day against the previous range between 6.00 per cent and 9.25 per cent. However, most of the deals were settled at rates varying between 8.50 per cent and 9.50 per cent, the market operators said, Financial Express reports. The weighted average rate of the call money rose to 8.78 per cent Thursday from 8.52 per cent of the previous working day, according to the Bangladesh Bank (BB) statistics.

2015 Nobel Peace Laureates’ Summit to be held in Atlanta

The World Summit of Nobel Peace Laureates 2015 will be held in Atlanta, Georgia of the USA. Nobel Laureate Professor Muhammad Yunus attended the preparatory Gala for the World Summit at Atlanta on September 28, said a Yunus Centre press release on Thursday. World_Summit_of_Nobel_Peace_Laureates_542d6d3b4fdfdFormer US President Jimmy Carter and Professor Yunus are the co-hosts and CNN Founder Ted Turner is the Honorary Chair for the Atlanta Summit, it said. The ga...

Remittance hits $ 1.319bn in Sept

The country received $ 1.319 billion in remittance during the month of September this year, up from $1.174 billion than in August 2014. remittanceAccording to data provided by the Bangladesh Bank, the country received the remittance through banking channels from the Bangladeshi expatriates living abroad. With the September’s amount, the country’s total remittance earning till September 30 reached $3.985 billion in the first quarter of the current fiscal year fiscal year 2014-15. The total remittance in fiscal 2013-14 was $14.228 billion...

Women at the center of our economic activity: Yunus

Muhammad Yunus

 In the past 60 years or so, we have seen capitalism reach its peak. We have seen the socialist economies fall away and move rapidly toward capitalism. This has undoubtedly brought unprecedented wealth and prosperity in many parts of the world and to many people. At the same time, millions — if not billions — have been left behind. dr. YunusWe have seen the deep financial crises grip the world economy since 2008, and we have seen huge numbers of people becoming unemployed even in the so-called prospero...

Govt plans Tier 4 data center in quake zone

The government of Bangladesh has drawn criticism for planning to build a flagship Tier IV data center in an earthquake prone district of Dhaka. dhakaThe Bangladesh Ministry of Information is planning to build the fifth largest data center in the world at Kaliakair, in the Gazipur district of Dhaka, according to reports in the Dhaka Tribune. The site is some 30km from where the Rana Plaza clothing factory collapsed in 2013, killing more than 1000 people. Tremors The flagship project, estimated to cost some Tk1,000 crore ($8 million) will be used to hold ...
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