Feb 17, 2009

Junk stocks still dominate market

Cabinet okays 10 ordinances for passage into laws
The cabinet on Monday approved 10 bills for passage of as many ordinances, promulgated during the immediate past interim government, into laws violating set principles and also two High Court verdicts...[ + ]35 students injured in BCL infighting at JU
Gunfights between two factions of the Awami League-backed Bangladesh Chhatra League at Jahangirnagar University over establishing supremacy left at least 35 activists injured on Monday, with only two days left for the month-long suspension on the activities of the unit...[ + ]Involvement of MPs in local govt work denounced
Academics, local government experts, local tiers’ representatives and students censured the demand of the treasury bench’s lawmakers for ensuring their involvement in development activities of the local government bodies...[ + ]Khaleda slams ruling party’s ‘injustice’
The leader of the opposition in parliament, Khaleda Zia, has accused ruling party of failing to show broadmindedness despite its huge majority in parliament...[ + ]Other Headlines » People involved in preparing ‘false’ voters’ roll should be punished: Hasina » Shops flout evening ban while SSC examinees suffer » Govt takes fresh move » Chavez wins bid to scrap Venezuela term limits » Novice MPs to be trained on parliamentary affairs » Speaker turns down 50 BNP notices » Dhaka should not seek Pak coop right now: special envoy » Pakistan signs sharia deal with militants » Govt sticks to GDP growth at 6.5pc despite negative WB forecast » Border market and banking transactions to be discussed » 156 people convicted of graft so far: ACC » Biggest ever US ‘fraud’ in Iraq » Deposition taking begins in EC’s case against Biswas » One killed in Bagerhat » Govt recalls 4 diplomats » India hikes defence budget by 24pc
Bankers say no to cheap lending proposal
Clients feel the commercial banks need to cut their lending rates and service charges to make bank loans and services more affordable. Bankers and experts, however, observe that the commercial banks cannot reduce their lending rates owing to non-availability of low-cost funds...[ + ]
Junk stocks still dominate market
Seven companies of low profile ‘Z’ category were among the top 10 gainers on Monday at the Dhaka Stock Exchange despite the bourse on the previous day formed a 10-member committee to segregate junk shares to place them on the ‘over-the-counter’ trading from the ‘normal secondary market’...[ + ]
Other Headlines » BMCCI for FTA with Malaysia » Dhaka stocks drop on profit-taking » US groups eye Bangladesh market » Basel–II will help reduce banking sector’s risk » Chinese co to invest $5m in Ctg EPZ » BTCCI gets new chief » Skywards recognised for innovation » ECB economist sees rate easing » Bulgarian growth slows sharply » Thai airports lose $48m in Q4 » Lafarge Surma awards top retailers » Dhaka Bank offers cash dividend, bonus share » Dollar hits 2-month high » Asia shares fall » Japanese economy crumbles » Laid-off workers stage protest » India expects wide fiscal deficit » China concerned over US trade protectionism » UN wants global green to come with recovery » Singer holds workshop on sales » DBBL holds anti-money laundering workshop

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