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Trading Vol 4,592,052 Vol, & value $ 6.74 mil of shares
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"Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?"-TS E. "Wisdom & knowledge shall be the stability of thy Times"--RF. Knowledge & wisdom do not drop out of the sky, work is required. We only learn by applying our hearts...
Bangladesh Stock Market Lures Investors Hungry For Next Vietnam
Oct. 9 (Bloomberg) -- Yawer Sayeed returned to his native Bangladesh from Australia to set up a money-management company in 1999. After eight lean years his business is booming.

A military-backed government in place since January has lured investors by pledging to sell state enterprises and arresting about 150 former officials to fight corruption. The Dhaka Stock Exchange Index is at a 10-year high, up 66 percent this year, making it Asia's top performer after here More news

Country Return in 12 months could you tell me the country that offered the best stock returns over the trailing 12-month period? What about any members of the top 5?

Source: Motley Fool Global Gains.
Bangladesh 126%
Cote d'Ivoire 118%
Oman 99%
Mauritius 81%
Qatar 76%

Local Business News from The Daily Star
Brand Bangladesh well
A strong marketing campaign, which has been done successfully by many countries, can put Bangladesh in the ranks of emerging economies, said a top Citi NA official

Stocks down on price resetting
Price indices on the Dhaka Stock Exchange fell yesterday due mainly to the price adjustment of Social Investment Bank, Eastern Bank, National Polymer and Titas Gas after transactions of their corporate benefits

House finance body to expand horizon
In the wake of increasing demand for housing loans, the Bangladesh House Building Finance Corporation (BHBFC) eyes enhancing its funding capacity, officials said

GP-DPDC accord on e-bill service
Grameenphone Ltd and Dhaka Power Distribution Company (DPDC) signed an agreement to jointly launch the electronic bill payment service BillPay, first of its kind, for DPDC consumers, according to a press statement

Popular Pharma to enter Nigeria market
Popular Pharmaceuticals Ltd signed an agreement recently to export formulations to Generic Global Ltd, Nigeria, according to a press release

BB asks banks to cut remittance costs
Bangladesh Bank (BB) yesterday instructed banks to take measures to reduce the time and cost of transferring remittances, as about 40 percent of remittances flow in from abroad through informal channels, locally known as hundi

WiMax bidders in 'double bind'
The Tk 215 crore bid price for each WiMax licence acquisition has become a 'double bind' for the telecom regulator, as majority of the seven bidders are now reluctant to have the technology at such a price

Tax break for flats proves futile
The government's tax holiday facility for the income generated from construction of multi-storied buildings outside urban areas has so far created no impact on builders as they find the offer economically nonviable

Is the economy slowing down?
In recent days, many of our economists, policy planners, business leaders and development partners seem to be concerned about the economic and business future of Bangladesh. A question is being raised: Is there a signal for economic slowdown

Give outbound workers collateral-free loans
Finance Adviser AB Mirza Azizul Islam yesterday called upon the banks to provide collateral-free loans to the Bangladeshis willing to go abroad for works, considering the expatriates' contribution to the country's forex reserve

Bangladesh frustrated over WTO 'green room' meet outcome
Bangladesh expressed frustration in a "green room" meeting convened recently by World Trade Organisation Director General Pascal Lamy over failure to reach agreement on preference erosion in the Doha non-agricultural market access negotiations, according to a Washington Trade Daily (WTD) report

Warid awarded
Warid Telecom (Pvt) Ltd has won the 'Brand of the Year Award' again in 2008 in the category of 'The Best Cellular Company in Pakistan', according to a press release

Garment purchase orders pour in
More international buyers are coming to Bangladesh despite the global financial recession as they think China, one of the major competitors of Bangladesh, is no more viable for them due to higher prices of apparel items-----Refayet Ullah Mirdha

40pc imported food items to be unloaded at Mongla Port
Forty percent of the imported food items will be unloaded at Mongla Port as part of the government's plan to activate the seaport, in efforts to reduce regional disparity, an adviser said yesterday

Bankers should not fear to invest in RMG sector
BGMEA President Anwar-Ul-Alam Chowdhury Parvez has suggested that bankers should not fear to invest in the garment sector as the flow of foreign buying orders to Bangladesh is increasing

RPGCL posts 52pc rise in net profit
Rupantarita Prakritik Gas Company Limited (RPGCL) has earned Tk 167.11 crore in revenue for fiscal 2007-08, which is an 82.20 percent rise from the previous fiscal year

Cement makers eye ME, Africa
Local cement makers now weigh the feasibility of several import proposals they recently received from Sri Lanka, Saudi Arabia, Sudan and Kenyan companies

ACI, Shinepukur get off to a good start
ACI Formulations and Shinepukur Ceramics, two private sector companies, received good responses from retail investors yesterday, on the very first day of their share trading, an evidence of encouragement for listing profitable companies under direct listing regulations

Banglalink posts 19pc revenue rise
The country's second largest mobile phone operator Banglalink posted a 19 percent revenue increase in third quarter compared to the previous quarter, thanks to its lower subsidy given to new connections

Margin loan ratio reset at 1:1.5
The stock market regulator yesterday raised the margin loan rate by 50 percent re-fixing the margin loan ratio at 1:1.5, instead of 1:1 ratio, officials said

CNG show kicks off Nov 22
A four-day exhibition on compressed natural gas (CNG) is set to begin in Dhaka on November 22, aiming to expand the market for natural gas-based vehicles and accessories, by creating awareness about the technology and safety issues, organisers said yesterday

RMG exports shake off credit crunch fallout
The export promotion boss yesterday ruled out any fallout from the global credit crunch on Bangladesh's garment exports after two main items, woven and knitwear, registered 44.66 percent growth in the first quarter of the current fiscal year

Inflation may ease in crisis
World commodity prices decline as demand slows

The country's inflation is likely to come down in the coming days as global commodity prices have taken a beating from the ongoing financial turmoil across the world, analysts said yesterday

Apparel industry unveils ambitious target for export
Bangladesh apparel-industry leaders yesterday unveiled an ambitious export target of US $ 25 billion and additional 2 million jobs in next five years, keeping well in mind the impacts of possible long-term recession following the recent global financial crisis

BB waiting out rough weather
Bangladesh Bank will wait for a suitable timing to reinvest the “now absolutely protected” foreign currency reserves it earlier diverted to safe deposits, mostly with the central banks of other countries, in the wake of global financial crisis

Global action must to combat market turmoil
Finance Adviser Mirza Azizul Islam yesterday expressed grave concern over the possible adverse impact of global financial turmoil on the developing countries

EPZs in western region offer good prospect
With lower tariff of industrial plots and an atmosphere free from labour unrest, the export processing zones (EPZs) in the western region of the country offer a good prospect for labour intensive industries, the Bepza executive chairman told a visiting Taiwanese team in the port city yesterday

No more cheap SIM cards
Mobile phone operators have reduced subsidy on SIM cards, putting their plan to connect people in rural areas at risk

Air Asia may fly from Dhaka
The government is likely to allow operation of low-cost airline, Air Asia Berhad, from Dhaka

DSE market capitalisation crosses Tk 1 trillion mark
The market capitalisation of Dhaka Stock Exchange yesterday reached Tk Tk 1,00,970 crore (over Tk 1 trillion) for the first time on the trading debut of First Security Bank shares

Dhaka to host int’l quality control conference
Bangladesh will host the 33rd conference of the International Convention on Quality Control Circles in Dhaka on October 23-26, organisers said yesterday

Made in Bangladesh fair in New York Oct 17-19
A Bangladeshi product-based exhibition styled 'Made in Bangladesh' will be held in New York October 17-19 for promoting the country's world-class commodities in the United States

Source of New Nation
World Bank President Robert Zoellick has assured Bangladesh of continued support to its various development projects.He appreciated the caretaker government's performance on electoral, governance and economic reforms

Recently, AKTEL, country's one of the largest telecom service providers signed an agreement with the Shin Shin Apparels Limited,

Bangladesh Hotels and Restaurants Directory" listing almost all the hotels and restaurants in Dhaka, Chitagong, Cox's Bazar and Sylhet has been published in Bangladesh for the first time

Price of almost all vegetables and potherb items with the exception of potato and papaw increased as per whims of the retail sellers during the last four days from Thursday despite the efforts of the government to keep prices stable

ONE Bank Limited opened its 3rd booth at the DTM (Ops) office premises in the General Cargo Berth Area of Chita gong Port on August 16, 2007
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