The Board of Directors of ICB Asset Management Company Limited has approved cash dividend @ 20.00%(২০% ক্যাশ ডিভিডেন্ড ঘোষণা) for Prime Finance First Mutual Fund(1STPRIMFMF)for the year ended on December 31, 2010. Record date: 08.02.2011.
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to regain confidence of investors.The Dhaka Chamber of Commerce and Industry (DCCI) recommended prevention of artificial and inflated shares prices in the stock market to regain confidence of investors.
The chamber body announced its recommendation at a meet the press programme on Tuesday at the DCCI conference room. Newly elected committee organised the meeting to inform its upcoming activities for 2011.
In a written speech the chamber president Asif Ibrahim asked regulatory body like Securities and Exchange Commission (SEC), Bangladesh Bank and Ministry of Finance to guide the bourses in such a way that the small investors are not affected.
He said a strong stock market should be established in order to facilitate industrialisation and increase productivity. The market should play a barometer for economic development.
Asif Ibrahim said the chamber will form a strategy committee from both private and public sectors to implement and follow- up the recommendations which came out from the conference on "Bangladesh 2030: Strategy for Growth" held on December 7, 2010.
"We will develop a research and development team to support the strategy committee," he said adding the chamber has identified some growth drivers such like RMG, remittance, and policy reforms of this year.
DCCI has identified seven strategic priorities for inclusive growth like overcoming the infrastructure deficit, discovering new sectors and markets, engaging on skills, re-positioning agriculture for growth, urban strategy, strategising on regional connectivity and sustainable adaptation to climate change.
Dhaka Chamber is going to introduce BBA course through its business institute to benefit those who want to build a career in the business arena. The institute has already secured formal approval of the National University in this regard.
"We’ll start the admission process for the BBA course by this year’s end, and the academic session will begin from next year," said Asif Ibrahim. He said initially they would enroll 50 students for the BBA course.
"Human capital is the most important element of development. For this purpose, Dhaka Chamber has been working for more than three decades. This course will help in this regard."
The chamber leader said the Business Institute of Dhaka Chamber has been conducting time-befitting training programmes for the business entrepreneurs round the year.
He termed these entrepreneurship development training programs are playing an important role in creation of employment and eradication of poverty.
"Exporting manpower is an important sector for earning foreign currency. From this sector, the revenue is 11% of total GDP. Although this revenue is a big amount, most of our manpower is unskilled. If we can export skilled manpower this income can be increased up to $35b," he said.
He also said Dhaka Chamber has increased its linkages with technical training centres and vocational training institutes, and communication with Bangladeshi missions abroad towards this end.
Senior vice-president of DCCI TIM Nurul Kabir, directors of the chamber Niaz Rahim, Osman Gani, Khairul Majid, Mahmud Nasiruddin Khan and Anwarul Haque were among others present at the programme.
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to regain confidence of investors.The Dhaka Chamber of Commerce and Industry (DCCI) recommended prevention of artificial and inflated shares prices in the stock market to regain confidence of investors.
The chamber body announced its recommendation at a meet the press programme on Tuesday at the DCCI conference room. Newly elected committee organised the meeting to inform its upcoming activities for 2011.
In a written speech the chamber president Asif Ibrahim asked regulatory body like Securities and Exchange Commission (SEC), Bangladesh Bank and Ministry of Finance to guide the bourses in such a way that the small investors are not affected.
He said a strong stock market should be established in order to facilitate industrialisation and increase productivity. The market should play a barometer for economic development.
Asif Ibrahim said the chamber will form a strategy committee from both private and public sectors to implement and follow- up the recommendations which came out from the conference on "Bangladesh 2030: Strategy for Growth" held on December 7, 2010.
"We will develop a research and development team to support the strategy committee," he said adding the chamber has identified some growth drivers such like RMG, remittance, and policy reforms of this year.
DCCI has identified seven strategic priorities for inclusive growth like overcoming the infrastructure deficit, discovering new sectors and markets, engaging on skills, re-positioning agriculture for growth, urban strategy, strategising on regional connectivity and sustainable adaptation to climate change.
Dhaka Chamber is going to introduce BBA course through its business institute to benefit those who want to build a career in the business arena. The institute has already secured formal approval of the National University in this regard.
"We’ll start the admission process for the BBA course by this year’s end, and the academic session will begin from next year," said Asif Ibrahim. He said initially they would enroll 50 students for the BBA course.
"Human capital is the most important element of development. For this purpose, Dhaka Chamber has been working for more than three decades. This course will help in this regard."
The chamber leader said the Business Institute of Dhaka Chamber has been conducting time-befitting training programmes for the business entrepreneurs round the year.
He termed these entrepreneurship development training programs are playing an important role in creation of employment and eradication of poverty.
"Exporting manpower is an important sector for earning foreign currency. From this sector, the revenue is 11% of total GDP. Although this revenue is a big amount, most of our manpower is unskilled. If we can export skilled manpower this income can be increased up to $35b," he said.
He also said Dhaka Chamber has increased its linkages with technical training centres and vocational training institutes, and communication with Bangladeshi missions abroad towards this end.
Senior vice-president of DCCI TIM Nurul Kabir, directors of the chamber Niaz Rahim, Osman Gani, Khairul Majid, Mahmud Nasiruddin Khan and Anwarul Haque were among others present at the programme.