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Downtrend, liquidity shortage continue at DSE

2011-11-05 00:00:00

FE Report The downtrend at the Dhaka Stock Exchange (DSE) continued for the fifth straight week that ended Thursday with significantly declining turnover in value terms, as investors were reluctant to make fresh exposure in the market in line with...

Asian shares up after Greece vote U-turn

2011-11-05 00:00:00

HONG KONG, Nov 4 (AFP): Asian markets rose Friday as Greece scrapped plans for a national vote on last week's eurozone rescue package, which had drawn condemnation and shocked world markets. Investor confidence was also boosted by a surprise rate...

US stocks slip after jobs data

2011-11-05 00:00:00

NEW YORK, Nov 4 (AFP): US stocks opened lower Friday, as investors digested slightly better-than-expected US jobs data and kept an eye on Europe's public debt crisis, with Greece's fate still uncertain. The Dow Jones Industrial Average tumbled 79.16 points...

Satanic interventions of berserk imperialists

2011-11-05 00:00:00

The mainstream media's (read dominant western groups) pathological glee at the fall of Libya's Muammar Gaddafi on October 20, 2011, seems to be somewhat tempered lately, now that the analyses of conscientious people across the globe are getting the attention...

Under the sway of nostalgia

2011-11-05 00:00:00

Smritikatarata is a word that conveys the meaning most appropriately of a time that has gone by and will never return no matter whatever effort and price one is ready to expend and pay. But is this as direct and...

Health care with a vision

2011-11-05 00:00:00

Health is the most important asset of any human being and good health is recognised to be among the greatest sources of human happiness. Nationally, the people of a country who are healthy and are able to undertake the gamut...

Oil in Timor Sea

2011-11-05 00:00:00

Nehal Adil Saurya, the Sun, the national daily of the Democratic Republic of Timor Leste or Eastern Timor is an outspoken champion of Timor's rights in the hydro-carbon resources in Timor Sea. Many believe it is the hydro-carbon resources that...

Global export as a prosperity driver

2011-11-05 00:00:00

Global export has created a greater opportunity for Bangladesh. According to Export Promotion Bureau, export target for August 2011 in Bangladesh was US$ 2.2 billion and export performance for the month was US$ 2.3 billion approximately, which is 7.28% higher...

A K M Rafiqullah Chowdhury: Portrait of a politician

2011-11-05 00:00:00

At the age of 88, A K M Rafiqullah Chowdhury breathed his last at his residence in Chittagong on September 21, 2011 concluding his long journey in the mundane earth. He will be remembered for his honesty, courage and patriotism....

Boat schooling - an innovation in education

2011-11-05 00:00:00

Masum Billah When a student of English literature visits greater Sylhet, particularly Sunamganj, she will remember the famous lines of the romantic poet S T Coleridge, 'Water, water everywhere, nor any drop to drink'. One can change it a little...

Population burden hinders unemployment reduction

2011-11-05 00:00:00

Ahmed Showkat Masud Over-population acts as a barrier to achieving desired economic growth in a country like ours. One may argue that it is not a problem. Rather it is a blessing if we may be able to transform the...

Nat'l team draw with Sheikh Jamal in friendly match

2011-11-05 00:00:00

Bangladesh National Team played to 1-1 draw against Sheikh Jamal Dhanmondi Club in a preparatory football match at Bangabandhu National Stadium in the city Friday, reports UNB. It was the first practice match of the national team ahead of the...

Beckham helps Galaxy into MLS semis

2011-11-05 00:00:00

LOS ANGELES, Nov 4 (AFP): David Beckham's bid for a fairytale finish to his five-year Major League Soccer stint with Los Angeles stayed on track Thursday as the Galaxy advanced to the Major League Soccer playoff semi-finals. Los Angeles defeated...

Sri Lanka post 413 against Pakistan

2011-11-05 00:00:00

SHARJAH, Nov 4 (Cricinfo): An adventurous ninth-wicket stand made a refreshing change from two sessions of slow scoring as Sri Lanka made their way to 413 against Pakistan on the second day in Sharjah. The fickleness of Test cricket was...

BD A team begin Caribbean campaign today

2011-11-05 00:00:00

Touring Bangladesh A team begins their Caribbean campaign with a four-day match against West Indies A today (Saturday) at the Sir Vivian Richards Stadium, North Sound, Antigua, reports UNB. Bangladesh A team, led by Jahurul Islam, will play their second...

Pakistan demands cricket clean-up

2011-11-05 00:00:00

ISLAMABAD, Nov 4 (AFP): A furious Pakistan demanded Friday that cricket makes good on promises to clean up corruption, declaring prison terms for three disgraced stars a wake-up call for a national sport in crisis. The spot-fixing scandal at the...

Reconditioned car import falls by 60pc

2011-11-05 00:00:00

The import of reconditioned cars has marked a sharp fall in the last seven months, forcing 20 per cent importers to roll back their businesses, reports UNB. "The import of reconditioned cars has dropped by 60 per cent in the...

Oct 30 to Nov 3, 2011Commercial Bank of Ceylon

2011-11-05 00:00:00

The local call money market was volatile and traded between the range of 12.00 per cent and 21.00 per cent in the past week, according to a press release. Bangladesh Bank (BB) supported commercial banks through its Repo and liquidity...

Pakistan denies Indian allegation on MFN status

2011-11-05 00:00:00

ISLAMABAD, Nov (Agencies): Pakistan Friday denied that it had backtracked on giving India most favoured nation (MFN) trade status. "Pakistan is not backtracking," said foreign office spokeswoman Tehmina Janjua after a senior Indian official earlier said the nuclear-armed rival was...

Banglalink trying to ensure smooth network

2011-11-05 00:00:00

FE Report Mobile operator Banglalink took initiatives for providing uninterrupted network connection to its subscribers who are facing problem due to intermittent disruptions of optical fiber link. In a statement released very recently, the company said the optical fiber link...

Int'l Women's SME Expo from Nov 10 in Ctg

2011-11-04 00:00:00

CHITTAGONG, Nov 3: Chittagong Women Chamber of Commerce and Industry (CWCCI) is going to organise a month-long exposition in the port city from November 10. The main objective of the show styled 'International Women's SME Expo Bangladesh 2011' is to...

Reckit Benckiser, Citycell join hands in cleaning city during Eid-ul-Azha

2011-11-04 00:00:00

Country`s lone CDMA (Code Division Multiple Access) mobile phone operator Citycell and Reckitt Benckiser (Bangladesh) have joined hands with Dhaka City Corporation (DCC) to keep Dhaka city clean during Eid-ul-Azha. Under the joint initiative, Reckit Benckiser and Citycell provided more...

China, India services lose some momentum

2011-11-04 00:00:00

BEIJINGBANGALORE, Nov 3 (Reuters): China's service sector lost momentum in October while India's shrank for a second month, surveys showed Thursday, revealing the lagged impact of policy tightening and faltering global demand on Asia's two major economies. Two purchasing managers'...

Expolanka Sept net profit down

2011-11-04 00:00:00

COLOMBO, Nov 3 (LBO): Turmoil in key overseas markets and lower freight rates has affected the transportation business of Sri Lanka's Expolanka with September quarter profit also eroded by the absence of businesses spun off before it went public. Expolanka...

ANZ Banking Group posts $5.5b profit

2011-11-04 00:00:00

SYDNEY, Nov 3 (IANS): ANZ Banking Group, one of the big four banks in Australia, Thursday posted a 19-per cent rise in full-year net profit to 5.36 billion Australian dollars ($5.5 billion). ANZ's net profit for the 12 months to...

Iran allocates credit line to Cuba

2011-11-04 00:00:00

TEHRAN, Nov 3 (Xinhua): Iran has allocated a credit line of 500 million euros (about 685 million US dollars) to Cuba, local Tehran Times daily reported Thursday. Abel Salas, vice president of Cuba's national institute of water resources, announced the...

Thai factory output down in Sept

2011-11-04 00:00:00

BANGKOK, Nov 3 (Reuters): Thai manufacturing output fell 0.5 per cent in September from a year before due mainly to weak global demand, the industry ministry said Thursday, and it will suffer more in coming months because of floods that...

Asian Tiger Capital Partners market update on DSE

2011-11-04 00:00:00

The Benchmark General Index DGEN ended flat on the last trading day of the week before going into the extended Eid break. Turnover dropped significantly with trade value unable to cross BDT 2bn figure. Traders were seemingly reluctant to take...

World food prices seen down in October: FAO

2011-11-04 00:00:00

MILAN, Nov 3 (Reuters): World food prices measured by the United Nations' food agency are likely to show a fall in October, easing inflationary pressures ahead of the European Central Bank's expected decision on interest rates and of the Group...

Radisson Hotel introduces midnight buffet

2011-11-04 00:00:00

FE Report Radisson Hotel in Dhaka has introduced Midnight Buffet, making a special restaurant service plus live music available deep at night when regular service is closed, for the customers who would feel to have a relax. "The Midnight Buffet...