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Asian Tiger Capital Partners market update on DSE

2011-10-17 00:00:00

The Benchmark General Index DGEN ended sharply lower losing more than 3% on the first trading of the week amidst worsening turnover. The advance decline ratio of only 0.044 told the story for the day as the DGEN witnessed another...

Gold price registers fall in local market

2011-10-17 00:00:00

Sonia H Moni Local jewellers reduced price of 22-carat (11.66 grams) gold by over Tk 1250 per 'bhori' following a declining trend in the international market, traders said. "The price of 22-carat gold has been reduced by Tk 1287 per...

Gold to reclaim record highs in 2012

2011-10-17 00:00:00

SINGAPORE, Oct 16 (Economic Times): Gold prices are expected to scale record highs next year as the asset's bullish fundamentals trump the current macroeconomic uncertainty that led to a recent selloff in the precious metal, says a commodities fund manager....

iPhone 4S big hit in Hong Kong's grey market

2011-10-17 00:00:00

HONG KONG, Oct 16, 2011 (AFP): Apple's iPhone 4S was on sale on Hong Kong's grey market at the weekend, attracting hundreds of fans paying up to six times official prices to get their hands on the latest model. The...

Low costs luring Indian textile makers to B'desh

2011-10-17 00:00:00

NEW DELHI, Oct 16 (Economic Times): Many Indian garment makers have shifted base or opened new units in neighbouring Bangladesh to take advantage of low labour cost and duty concessions on exports to US and European markets. "Labour cost in...

TSH provides eye treatment to 23,000 patients

2011-10-17 00:00:00

THAKURGAON, Oct 16 (BSS) - Thakurgaon Swasthoseba Hospital (TSH) has been providing specialized treatments using the latest technology and equipments on all eye diseases including diabetic retinopathy using laser facilities to prevent blindness. The information was disclosed at a discussion...

Construction of 26 roads going on in Gaibandha

2011-10-17 00:00:00

GAIBANDHA, Oct 16 (BSS)- The construction and maintenance works of 26 roads at different wards in Gaibandha Pourashava of the district are going on in full swing to improve the road communication. The works are being implemented by the Pourashava...

Sherpur road mishap kills 4

2011-10-17 00:00:00

SHERPUR, Oct 16 (UNB): Four people were killed and 15 others injured as a bus tumbled into a roadside ditch at Jalalpur in Nakla upazila on Sunday. The deceased were identified as Ainuddin, 60, and Dudu Mia, 35, of Katiadi...

30 injured in Jamalpur clash over catching fish

2011-10-17 00:00:00

JAMALPUR, Oct 16 (UNB): At least 30 people were injured during a clash between two groups of villagers over catching fish in Aralia Beel of Nurundi union in Sadar upazila on Saturday. Locals said the clash broke out Saturday morning...

The terracotta marvels of Bangladesh

2011-10-17 00:00:00

A Correspondent BOGRA, Oct 16: The people of Indian sub-continent have a rich heritage based on terracotta plaques and its flourishment on stages from different dynasties. Out of them "Somapura Maha Vihara" in Noagoan, "Kantaji Temple" in Dinajpur, "Puthia Temple"...

Milk prices up in Natore

2011-10-17 00:00:00

Our Correspondent NATORE, Oct 15 : Milk prices have soared in Natore due to its short supply in the local markets, causing sufferings to the common people. One kg of milk was being sold at Tk 32 to TK 38...

20 Bangladeshis held along border

2011-10-17 00:00:00

Our Correspondent KHULNA, Oct 16: BGB arrested 20 Bangladeshi nationals including two children while they were going to India illegally from two separate places of border area Saturday. Putkhali BGB Commander Zillur Rahman said some males and females were being...

Two including housewife commit suicide

2011-10-17 00:00:00

CHUADANGA, Oct 16 (BSS): Two persons including a housewife committed suicide in separate places of Damurhuda upazila of Chuadanga district yesterday. The victims were identified as Monsur Ali, 45, son of Harej Ali of Hogoldanga village and Jesmin Khatun, 23,...

News in brief

2011-10-17 00:00:00

School feeding programme in Joypurhat School feeding programme begins in Joypurhat on Saturday.Divisional Commissioner of Rajshahi Abdul Mannan inaugurated the programme by feeding students lunch at Teghar Chakmohan government primary school at Mohammadabad Union under Joypurhat Sadar Upazila on Saturday...

Anti-capitalist protests turn into global movement

2011-10-17 00:00:00

LONDON, Oct 16 (AFP): Hundreds camped out in London, Frankfurt and Amsterdam on Sunday after clashes in New York and Rome in worldwide protests seen as the start of a new global movement against corporate greed and budget cuts. An...

Iran president rejects US plot claims

2011-10-17 00:00:00

TEHRAN, Oct 16 (AFP): President Mahmoud Ahmadinejad today denied US allegations that Iran was involved in a plot to kill the Saudi envoy to Washington, insisting that "assassination belongs to you Americans." "The cultured people of Iran do not need...

US military denies decision to quit Iraq after 2011

2011-10-17 00:00:00

WASHINGTON, Oct 16 (AFP): The Pentagon denied reports Saturday that the US military has given up on plans to keep several thousand troops in Iraq after a year-end deadline, saying talks with Baghdad were still underway. US and Iraq officials...

Arab League to discuss suspending Syria

2011-10-17 00:00:00

BEIRUT, Oct 16 (AP): Arab foreign ministers have called an emergency meeting Sunday to discuss whether to suspend Syria from the Arab League, officials said, ramping up the pressure on Damascus to end its bloody crackdown on anti-government protesters. Despite...

Yemen troops shoot dead protesters for second day

2011-10-17 00:00:00

SANAA, Oct 16 (AFP): Yemeni troops shot dead five demonstrators in the capital Sunday as they attempted to block a new bid by activists to bring 10 months of protests against veteran President Ali Abdullah Saleh to a head. The...

Pakistan, Lanka look to build Test sides

2011-10-17 00:00:00

ABU DHABI, Oct 16 (AFP): Pakistan captain Misbah-ul Haq is hoping his team can build on their recent good performance while Sri Lanka are looking to end their drought when the two sides meet here in the first of three...

Messi scores 2, Barcelona beat Racing 3-0

2011-10-17 00:00:00

BARCELONA, Spain, Oct 16 (AP): Lionel Messi scored a double to lead Barcelona to a comfortable 3-0 win over Racing Santander on Saturday, while fellow Argentine international Gonzalo Higuain netted a hat trick in Real Madrid's 4-1 win over Real...

Catania comes from behind to beat Inter Milan

2011-10-17 00:00:00

MILAN, Oct 16 (AP): Inter Milan's run of poor form continued as Catania came from behind to beat Claudio Ranieri's side 2-1 in Serie A Saturday. The result leaves Inter, which has one win from six games, languishing just outside...

13th Nat'l Cricket League kicks off today

2011-10-17 00:00:00

The 13th version of the four-day National Cricket League 2011-12, the country's lone first class cricket tournament, begins today (Monday) at different venues with four matches taking place in the opening round, reports UNB. Eight teams are taking part for...

Ctg win over Rajshahi in Nat'l Hockey

2011-10-17 00:00:00

Chittagong DSA earned a huge 6-0 goals victory over Rajshahi DSA in a super league match of the 22nd Southeast Bank National Youth Hockey Championship at Moulana Bhashani National Hockey Stadium in the city Sunday, reports UNB.

UCB signs deal with Sandhani on BEFTN

2011-10-17 00:00:00

FE Report UCB, a leading private commercial bank has recently signed a contract with Sandhani Life Insurance Company Ltd to provide services under the Bangladesh Electronic Fund Transfer Network (BEFTN). Under the agreement, UCB will work as the Originating Bank...

Cos on spot market

2011-10-17 00:00:00

Mercantile Ins: Trading of the shares of Mercantile Insurance Co. Ltd. will be allowed only in the spot market and blockodd lot transactions will also be settled as per spot settlement cycle from today (Monday) to October 19, 2011. Trading...

ICB AMCL discloses NAV of mutual funds

2011-10-17 00:00:00

ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has disclosed net asset value (NAV) of different mutual funds. The total NAV of different mutual funds managed by the ICB AMCL at the close of...

United Leasing to increase authorised capital

2011-10-17 00:00:00

The board of directors of United Leasing has taken the following decisions subject to approval in the sixth EGM and regulatory authorities: (1) to increase authorised capital of the company from Tk 1.0 billion to Tk 3.0 billion and (2)...

Suspension of trading

2011-10-17 00:00:00

Dutch-Bangla Bank: Trading of the shares of Dutch-Bangla Bank Limited will remain suspended on record date today (Monday) for EGM. Apex Foods: Trading of the shares of Apex Foods will remain suspended on record date today (Monday) for EGM. Apex...

New DMD of FSIBL

2011-10-17 00:00:00

Mr. Syed Waseque Md. Ali has been promoted recently as Deputy Managing Director of First Security Islami Bank Limited (FSIBL). Prior to his new assignment, he was Senior Executive Vice President and Manager of Bank's Motijheel Branch. Mr. Waseque started...