(১৬৫৪) ৯০ কোটি টাকা সংগ্রহ

Thursday, June 23, 2011 Unknown
শেয়ারবাজার :::: পুনঃ গণপ্রস্তাবের (আরপিও) মাধ্যমে পুঁজিবাজারে তালিকাভুক্ত ডেল্টা স্পিনার্স ৯০ কোটি টাকা সংগ্রহ করবে গতকাল বুধবার ঢাকা স্টক এঙ্চেঞ্জের ডিএসইর ওয়েবসাইটে প্রকাশিত এক সংবাদে তথ্য প্রকাশ করা হয়
প্রতিষ্ঠানটি পুঁজিবাজারে ৩০ লাখ শেয়ার ছেড়ে ওই টাকা সংগ্রহ করবে ক্ষেত্রে ১০০ টাকা অভিহিত মূল্যের প্রতিটি শেয়ারের দাম নেওয়া হবে ৩০০ টাকা, যার মধ্যে ২০০ টাকা প্রিমিয়াম থাকবে
বিষয়টি চূড়ান্ত অনুমোদনের জন্য সিকিউরিটিজ অ্যান্ড এঙ্চেঞ্জ কমিশনে (এসইসি) পাঠানো হবে
ডেল্টা সিরামিকস লিমিটেড নামে একটি সহযোগী কম্পানি স্থাপনে ৫৪ কোটি ৩০ লাখ টাকা ব্যয় হবে পুনঃ গণপ্রস্তাবের মাধ্যমে সংগৃহীত টাকা এই কম্পানি স্থাপনে ব্যয় করা হবে বাকি ১৭ কোটি ২০ লাখ টাকা বর্তমান টেঙ্টাইল স্পিনিং কারখানা সংস্কারে এবং বাকি ১৮ কোটি ৫০ লাখ টাকা আরপিওর খরচ ঋণ পরিশোধ করা হবে ইজিএমের রেকর্ড টেড জুলাই -সংক্রান্ত বিশেষ সাধারণ সভা আগামী ১৪ জুলাই ময়মনসিংহে অনুষ্ঠিত হবে

-----------------------------------------------Daud: Nokia has been doing business in Bangladesh for a long time. But the full setup and office facility came in 2006. We strongly recognise the opportunities, facilities and consumers in Bangladesh. This market holds a huge potential because the economy is growing fast. Its creative young generation is capable of capitalising on the opportunities. We would like to work here to be closer to the customers. They also value us, which became evident after we won the best brand award from Bangladesh Brand Forum for a third time this year.
How do you research on local market and make business decision?Daud: Actually there are two parts in this regard. We get a lot of consumer insights from our global office. On the other hand, we always try to be closer to our consumers to understand their true feelings. We send our findings to the global office for evaluation. So the decision comes simultaneously from both sides.
There are segments in mobile handset market such as smartphone or low-priced devices. What is your target in Bangladesh?Daud: Right now our goal is to connect the next billion in the developing markets. Our new global chief executive Stephen Elop announced the new strategic vision in February. What do we mean by this? Think about Bangladesh's over 16 crore people. There are 75 million mobile phone subscribers in the country and there is multiple SIM usage here. Still at least 50 percent people are out of mobile connectivity and they cannot afford the phone. So our target is how much we can make the set affordable to them. These people like to talk at cheaper rates. So, we are planning to introduce dual-SIM handsets in Bangladesh soon.
Moreover, a major part of the next billion customers will also use internet. We achieved a good penetration in mobile connectivity but the internet connectivity is still frustrating. About 95 percent users are in the service of mobile internet. So we want to provide internet experience to the people through mobile sets. We are in line to design the product. We think the set's screen has to be bigger with a typing-friendly keyboard. We are concentrating on hardware mechanism now. Currently, Nokia is marketing big screen handsets with a high price tag. But our target is to make high quality sets with smart features at affordable prices.
Nokia will also provide its own browser that will help get webpage very fast. We are also working to develop local contents by the Bangladeshi people. So all the three dimensions -- hardware, software and content development -- are on board.
How do you plan to face pirated phone sets, especially the low quality ones that are flooding the Bangladeshi market? Daud: A huge number of low quality sets are coming to Bangladesh. We think the high import tax is responsible for that. The regulator has a policy about the quality of sets to be imported. But it has not been updated. As a result, the money is going outside. It is high time to think about the quality of imported sets. The import tax for sets is 12 percent on valuation, whereas it is 4 percent in India, 6 percent in Nepal and 7 percent in Sri Lanka. Due to high tax, some people import the device avoiding regulations on quality. If the government fixes tax at a rational level, the imports of bad quality sets will reduce.
How much do you control in Bangladesh's handsets market?Daud: We are a global company that announces the numbers globally. If such announcement comes out in the local market it could confuse shareholders. So we do not disclose any number for any specific market. The customers have awarded us the best brand recognition for the last three years. It is a great achievement.
Samsung has set up an R&D centre in Bangladesh. Grameenphone has introduced GPIT. We also see a lot of enthusiasm in the software sector in Bangladesh. What is Nokia thinking about the issue?Daud: A number of Bangladeshi youth are engaged in freelance software development. We are engaging them with us. We are providing them training with help from Nokia Forum. This is a continuous process. We also help them monetise their products. We provide them the Ovi Store platform, which will be working as Nokia's own store.
What do you expect from the government? Daud: The government should reduce import tax. We also want to go back to the previous taxation regime that was imposed on handsets, rather than fixing the tax in percentage to valuation. Due to 12 percent tax, low quality sets are inundating the market.

(১৬৫৩) শেয়ারহোল্ডারদের ভাঙচুরে

Thursday, June 23, 2011 Unknown

শেয়ারবাজার :::: বঙ্গবন্ধু আন্তর্জাতিক সম্মেলন কেন্দ্রে সিটি ব্যাংক লিমিটেডের শেয়ারহোল্ডারদের ভাঙচুরে ব্যাংকের বার্ষিক সাধারণ সভা (এজিএম) পণ্ড হয়ে গেছে
গতকাল বুধবার দুপুরে বঙ্গবন্ধু আন্তর্জাতিক সম্মেলন কেন্দ্রে ব্যাংকটির এজিএম হওয়ার কথা ছিল; কিন্তু নানা অব্যবস্থাপনায় সকালেই সেখানে ভাঙচুর চলে পরিস্থিতি নিয়ন্ত্রণে আনতে পুলিশ শেয়ারহোল্ডারদের লাঠিপেটা করে এতে অন্তত ছয়জন শেয়ারহোল্ডার আহত হন এর মধ্যে অলক নামের এক শেয়ারহোল্ডারকে সোহরাওয়ার্দী হাসপাতালে চিকিৎসা দেওয়া হয়েছে ঘটনায় সকালেই কর্তৃপক্ষ এজিএম স্থগিত করে দেয় সিটি ব্যাংকের ভাইস প্রেসিডেন্ট (ভিপি) মো. ইমতিয়াজ এজিএম স্থগিত করার বিষয়টি নিশ্চিত করেছেন পুলিশ প্রত্যক্ষদর্শী জানায়, গতকাল দুপুর ১২টায় বঙ্গবন্ধু আন্তর্জাতিক সম্মেলন কেন্দ্রে সিটি ব্যাংক লিমিটেডের এজিএম হওয়ার কথা ছিল সকাল থেকেই শেয়ারহোল্ডাররা সেখানে আসতে শুরু করেন ব্যাংকের পক্ষ থেকে সেখানে স্বল্পসংখ্যক অভ্যর্থনা বুথ করায় দীর্ঘ সময় ধরে শেয়ারহোল্ডারদের লাইনে দাঁড়িয়ে থাকতে হয় সময় শেয়ারহোল্ডারদের সঙ্গে সেখানে উপস্থিত ব্যাংকের কর্মকর্তাদের কথাকাটাকাটি হয়
একপর্যায়ে কিছু বিনিয়োগকারী ক্ষুব্ধ হয়ে সম্মেলন কেন্দ্রের প্রধান ফটকের গ্লাস ভাঙচুর করেন শেরেবাংলা নগর থানার ভারপ্রাপ্ত কর্মকর্তা (ওসি) জিয়াউজ্জজামান জানান, বিনিয়োগকারীদের তুলনায় বুথসংখ্যা কম ছিল একটি গ্রুপ হট্টগোল লাগিয়ে সম্মেলন কেন্দ্রের প্রধান ফটকের গ্লাস ভাঙচুর করে


Weak taka fuels inflation


The continuous depreciation of the taka against the US dollar has made imports of 'essential-to-luxury' items expensive over the last six months and fuelled inflation.
The weak taka has also put the balance of payments (BOP) under stress and widened trade deficit.
The taka has depreciated by more than 5 percent against the dollar since January this year. In the beginning of 2011, the US dollar was sold at Tk 71 for import payments and now the value stands at around Tk 75. The exchange rate was Tk 69.34 in June last year.
Though the finance minister in his budget speech on June 9 said he might have to take some unpopular decisions including exchange rate alignment to control soaring inflation, the pledge remains unclear to economists and importers.
“I don't know what he (finance minister) has meant by exchange rate alignment,” said AB Mirza Azizul Islam, former finance adviser to a caretaker government. He said the finance minister did not give any clear-cut indication on the continued devaluation of the taka against the dollar.
The finance minister's proposal for 'exchange rate alignment' has come under question as Bangladesh follows a free-floating exchange rate, meaning the rate depends on the market, not on the regulator's intervention.
Taka depreciation leaves direct impact on food inflation, which is evident in edible oil and sugar prices. The devaluation has not only made import of food items costly, but it has also hiked the costs of inputs of readymade garments, pharmaceuticals and agriculture (fertiliser and tractor).
In the outgoing fiscal year ending on June 30, Bangladesh imported on an average $2.5 billion worth of goods that include food, fuel oil, raw materials and capital machinery, according to Bangladesh Bank data.
The depreciating exchange rate is impacting economy in a number of ways.
If the taka is devalued by just Tk 1 against the dollar, the country has to pay an additional Tk 250 crore as import payments. The additional payments would stand at around Tk 1,000 crore a month measuring the depreciation by Tk 3.5 against a dollar.
“We are importing inflation with the continued depreciation of the taka,” said Monzur Hossain, senior research fellow of Bangladesh Institute of Development Studies (BIDS).
Point-to-point inflation soared to 10.49 percent in March, 10.67 percent in April and 10.20 percent in May this year.
Not only the food items, the prices of luxury items such as car have also shot up due to the falling value of the local currency.
Abdul Mannan Chowdhury Khosru, president of Bangladesh Reconditioned Vehicles Importers and Dealers' Association, said devaluation of the taka against the greenback is now costing a car by additional Tk 2 lakh.
The central bank is in dilemma over the falling exchange rate. Neither it can inject dollar into the market to ease the volatility in the wake of falling reserve and BOP, nor it can bear the soaring inflationary pressure.
The BOP remained deficit at -$502 million at the end of April this fiscal year against nearly $2.5 billion a year ago.
Hossain of the BIDS said managing the exchange rate is going to be difficult following a decline in foreign exchange reserve, now at $10.4 billion, equivalent to only four months' import bills.
“There is no way but to sell dollar in the market. But the central bank cannot do it because of a squeezing reserve position,” he said.
Private bankers said, presently the BB is supporting only the imports of government through different state-owned banks.
However, a senior central bank official said they are injecting dollar to rein in the volatility. He said $1.3 billion has been sold to the market from July to June 20 of fiscal 2010-11.
“We hope the market will calm down soon as the private banks have become conservative in opening of letter of credit,” said head of treasury of a private bank.

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