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Price of rice declining in Nilphamari

2011-10-30 00:00:00

Our Correspondent NILPHAMARI, Oct 29: Price of rice is decreasing consistently in Nilphamari district. Market sources said overall price of all the categories of rice has fallen by to Tk 5 to 7 per kg. Reduced price of rice comes...

2 including Dinajpur UP member killed in road accidents

2011-10-30 00:00:00

DINAJPUR, Oct 29 (UNB): A union parishad member who was seriously injured in a motorbike accident at Kashempur village in Sadar uapzila in Dinajpur Friday died in Dhaka Saturday. The deceased was identified as Belal Hossain,38, member of ward-2 of...

Bangladesh strike back in Windies Test

2011-10-30 00:00:00

Bangladesh's spinners grabbed two quick wickets with the second new ball to leave the second and final Test against the West Indies evenly poised after the opening day Saturday, reports AFP. The West Indies were strongly placed at 226-3 before...

Iraq dump Maldives by 9-0 in AFC U-19 group A qualifiers

2011-10-30 00:00:00

Title aspirant Iraq were in menacing mood as they dump hapless Maldives by 9-0 in their second match of the AFC U-19 group A qualifiers at the Bangabandhu National Stadium Saturday, reports BSS. Skipper Ammar Kadhim Meteab, Mohanad Abdulraheem Karrar...

Arsenal face Man City in League Cup draw

2011-10-30 00:00:00

LONDON, Oct 29 (AFP): Manchester United were drawn against Crystal Palace in the quarter-finals of the League Cup on Saturday, while Arsenal were handed a daunting home tie against Manchester City. Arsenal could line up against former player Samir Nasri...

Ajmal takes five as Pakistan crush Sri Lanka

2011-10-30 00:00:00

DUBAI, Oct 29 (AFP): Off-spinner Saeed Ajmal took five wickets to steer Pakistan to a nine wicket win in the second Test against Sri Lanka at Dubai Stadium here on Saturday, going 1-0 up in the three-match series. The 34-year-old...

Broken nose puts Ballack in doubt for Valencia

2011-10-30 00:00:00

BERLIN, Oct 29 (AFP): Michael Ballack could be doubtful for Bayer Leverkusen's visit to Champions League Group E opponents Valencia after fracturing a bone in his nose during the 1-0 Bundesliga win over rock-bottom Freiburg on Friday. Ballack scored the...

Kvitova ends Radwanska hopes, faces Stosur in semifinals

2011-10-30 00:00:00

ISTANBUL, Oct 28 (AFP): Petra Kvitova stayed on course for her biggest title since winning Wimbledon when she overcame Agnieszka Radwanska 7-6 (74), 6-3 to score her third win at the WTA Championships on Friday. The Czech's success carries her...

Rajshahi, Jamalpur capture School Kabaddi title

2011-10-30 00:00:00

Rajshah Amgachhi Shaharbanu High School clinched the title of the Meizan National School Kabaddi beating Shaheed Nabi High School 39-18 with three creditable 'lona' in the final at the Kabaddi Stadium Saturday, reports BSS. In the girl's group final, Jamalpur...

PM to visit Myanmar December 5-7 Trade, energy coop to get prominence

2011-10-30 00:00:00

Nazmul Ahsan Prime Minister Sheikh Hasina will visit Myanmar from December 5 to December 7 next to bolster bilateral relations between the two neighboring countries, a high official in the Ministry of Foreign Affairs (MoFA) said. Mutual cooperation in the...

'Krishak Card' getting warm response from farmers ahead of farming season

2011-10-30 00:00:00

FE Report BRAC Bank, country's largest SME bank, has come to the rescue of the distressed farmers by introducing first plastic card 'Krishak Card' specialized for the farmers in Jhenaidah. With this card, farmers can buy seeds, fertilizer, pesticides, agricultural...

Merchant Bankers Assoc leaders elected

2011-10-30 00:00:00

FE Report Mohammad A Hafiz, a director of AAA Consultants and Tanzil Chowdhury, chief executive officer (CEO) of EC Securities were elected president and vice-president respectively of Bangladesh Merchant Bankers Association (BMBA) Saturday. A total of 37 voters of BMBA,...

Prime Financial Fund NAV disclosed

2011-10-30 00:00:00

The total NAV of Prime Financial First Unit Fund stood at Tk 207,484,522 on the basis of cost price and Tk 173,301,333 on the basis of market price at the close of business operation on 27 October, 2011. The NAV...

Petition filed fornot deploying army in NCC polls

2011-10-30 00:00:00

A petition has been filed with the High Court urging it to ask the government about its failure to ensure deployment of army in the Narayanganj City Corporation polls. The petition came up for consideration of the vacation bench of...

Make public Core Committee report on transit to India Businesses, experts urge govt

2011-10-30 00:00:00

FE Report Leading businesses and experts suggested Sunday the use of entre-pot and re-export facility as an alternative to transit or transshipment to help grow local entrepreneurship. They expressed the view that the alternative would protect the best interests of...

Banks' deposit growth witnesses rising trend

2011-10-30 00:00:00

Siddique Islam The growth of overall deposit with the country's banking system witnessed a rising trend in recent months mainly because of higher inflow of remittances, decreasing net sales of savings certificates and sluggish stock market. Bank deposit increased by...

Ivy in the lead in NCC polls by big margin

2011-10-30 00:00:00

NARAYANGANJ, Oct 30 (Agencies): Unofficial results of Narayanganj City Corporation (NCC) election show that Mayor candidate Selina Hayat Ivy of Awami League is leading with huge majority over her nearest rival Shamim Osman who was backed by AL central leaders....

WB-BD spat won't affect other aid from Japan, says Muhith

2011-10-30 00:00:00

FE Report Finance Minister Abul Maal Abdul Muhith Sunday said the complications created with the World Bank (WB) on financing Padma Multi-purpose Bridge would not affect 'any other assistance' coming from Japan. "Ambassador of Japan to Bangladesh Shiro Sadoshima has...

Businesses to take up entre-pot trade, re-export with authorities

2011-10-30 00:00:00

FE Report Business leaders are poised to take up entre-pot trade and re-export issues with the authorities concerned to help boost bilateral trade with India, especially its north-eastern states, some business leaders said on Sunday. A decision to utilise the...

BDT depreciating against USD

2011-10-30 00:00:00

Nizam Ahmed The Bangladesh currency has been depreciating against the US dollar over the past three years owing to higher domestic inflation and rising import bills, traders and bankers said on Sunday. They expect the US dollar to become pricier...

Investors take to streets as share prices nosedive again

2011-10-30 00:00:00

FE Report Investors again took to the streets at Motijheel Sunday, as share prices in the Dhaka Stock Exchange (DSE) nose-dived, despite repeated assurances by different stakeholders. The infuriated investors blockaded the road in front of the DSE building and...

Traffic jam is here to stay, until we change

2011-10-28 00:00:00

Traffic jam is the result of cumulative failures on the part of the successive governments, members of the civil society-particularly those owning cars-as well as poor planning of cites and urban development as a whole. The situation is also aggravated...

Prospect of jute bags in the global perspective

2011-10-28 00:00:00

Global consumer demand for eco-friendly products has increased in developed markets (such as Western Europe, the United States of America and Australasia) as well as new markets with emerging opportunities (such as the Middle East) mainly because of a heightened...

Hindrances to ADP implementation

2011-10-28 00:00:00

A national English daily, The Financial Express, in its 25 October issue reported that the government could implement only eleven per cent of annual development programme (ADP), in terms of its financial outlay, in the first quarter (Q1) of this...

Floods delay Yingluck's rice economics lesson

2011-10-28 00:00:00

The severe flooding in Southeast Asia has had the unintended consequence of delaying the economic day of reckoning for the rice policies of new Thai Prime Minister Yingluck Shinawatra. Yingluck's promise to pay Thailand's rice farmers 15,000 baht ($486) a...

Maruti faces 4pc cancellation of Swift orders

2011-10-28 00:00:00

NEW DELHI, Oct 28 (PTI): Suzuki is feeling the pinch of labour strikes, with about 2-4 per cent of the prospective customers of one of its successful models, Swift, deciding to cancel orders due to the long waiting period. Alarmingly...

China's foreign trade to surpass $3t mark

2011-10-28 00:00:00

BEIJING, Oct 28 (IANS): China's foreign trade will surpass $3 trillion this year, accounting for 10.5 per cent of the world's total, a senior official said Friday. This year marked the 10th anniversary of China's entry to the World Trade...

Malaysian, Chinese firms seal $10b contracts at Nanning expo

2011-10-28 00:00:00

KUALA LUMPUR, Oct 28 (Xinhua): Malaysian firms inked 10-billion-dollar economic cooperation agreements with Chinese companies during a roundtable dialogue at the recently-concluded China-ASEAN Expo in Nanning of south China's Guangxi. Malaysia's state news agency Bernama reported Thursday that Malaysian and...

Courier service firms in race to introduce online transfer of cash

2011-10-28 00:00:00

Md Mazadul Hoque Courier service operators have started automating their operations to ensure faster delivery of cash to the customers as they seek to reduce reliance on mobile phones, industry people said. Though domestic courier services are now delivering cash...

corporate watch

2011-10-28 00:00:00

Agricultural loan disbursements in the first quarter of the current fiscal year (FY), declined drastically by about Tk 4.81 billion compared to the corresponding period of the last FY, Bangladesh Bank (BB) data revealed.According to the BB data, state owned...