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Gold dips towards $1490 in Asian trade

2011-05-17 00:00:00

SINGAPORE, May 16 (Commodity Online): Gold remained under pressure from a firm dollar in Asian trade Monday despite lingering concerns over Europe's debt worries. Spot gold was seen trading at $1,491.79 an ounce at 1pm Singapore time while US gold...

Oil dips in Asia

2011-05-17 00:00:00

SINGAPORE, May 16 (Commodity Online): Global oil prices eased in Asian trade Monday after the dollar strengthened while concerns over US economic conditions also dented oil's recovery. Light sweet crude for June delivery was seen trading at $98.76 a barrel...

S Korea's trade terms worsen in Q1

2011-05-17 00:00:00

SEOUL, May 16 (Xinhua): South Korea's trade terms worsened in the first quarter as import price growth outpaced export price rise, the central bank said Monday. Net terms-of-trade index for goods, calculated by dividing per-unit export price index by per-unit...

FDI, loans worth $85m okayed

2011-05-17 00:00:00

Five investment proposals totaling US$85.85 million were approved Monday by the 54th meeting of the Scrutiny Committee on Private Sector Investment under foreign loanssuppliers credits. Chaired by Bangladesh Bank (BB) Governor Dr Atiur Rahman, the meeting was also attended by...

Lafarge on spot trading

2011-05-17 00:00:00

Trading of the shares of Lafarge Surma Cement Ltd will be allowed only in the spot market and blockodd lot transactions will also be settled as per spot settlement cycle from tomorrow (Wednesday) to May 30. Trading of the shares...

Abducted college student rescued after 2 days

2011-05-17 00:00:00

KHULNA, May 16 (UNB): A college student and son of a Saudi expatriate abducted for ransom was rescued by RAB after two days from a house in Chanmari area in the city today. Ekramul Sheikh Prince, a first year student...

weather

2011-05-17 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Rajshahi, Rangpur, Khulna, Barisal, Chittagong and Sylhet divisions with moderately heavy falls at places in next 24 hours till 6.0 pm...

UNWTO to provide all possible support for tourism

2011-05-17 00:00:00

The United Nations World Tourism Organisation (UNWTO) will provide all possible support for flourishing tourism in Bangladesh as the country can use tourism as one of its major tools to cut poverty, reports BSS. "UNWTO secretary-general assured me that his...

Increase of tax on tobacco demanded*****

2011-05-17 00:00:00

Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...

B'desh embassy 'Open House' event draws visitors

2011-05-17 00:00:00

A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...

OMS of atta draws good response

2011-05-17 00:00:00

Talha Bin HabibOpen Market Sale (OMS) of atta (flour) in the capital on the first day has drawn huge response from consumers, officials said. The stocks of atta emptied in just a few hours, they said. "It was just like...

French products top choice for China luxury consumers

2011-05-17 00:00:00

HONG KONG, May 16 (AFP): French labels are the most sought- after luxury products for Chinese shoppers, a survey showed today, as a booming economy creates a growing legion of newly affluent consumers. French brands are the top choice for...

SK Telecom raises investment in Malaysia firm

2011-05-17 00:00:00

SEOUL, May 16 (AFP): South Korea's SK Telecom said Monday it has invested another 50 million ringgit ($16.5 million) in a Malaysian broadband operator to expand its presence in the Southeast Asian market. SK Telecom, South Korea's largest mobile operator,...

Gold dips towards $1490 in Asian trade

2011-05-17 00:00:00

SINGAPORE, May 16 (Commodity Online): Gold remained under pressure from a firm dollar in Asian trade Monday despite lingering concerns over Europe's debt worries. Spot gold was seen trading at $1,491.79 an ounce at 1pm Singapore time while US gold...

Oil dips in Asia

2011-05-17 00:00:00

SINGAPORE, May 16 (Commodity Online): Global oil prices eased in Asian trade Monday after the dollar strengthened while concerns over US economic conditions also dented oil's recovery. Light sweet crude for June delivery was seen trading at $98.76 a barrel...

S Korea's trade terms worsen in Q1

2011-05-17 00:00:00

SEOUL, May 16 (Xinhua): South Korea's trade terms worsened in the first quarter as import price growth outpaced export price rise, the central bank said Monday. Net terms-of-trade index for goods, calculated by dividing per-unit export price index by per-unit...

FDI, loans worth $85m okayed

2011-05-17 00:00:00

Five investment proposals totaling US$85.85 million were approved Monday by the 54th meeting of the Scrutiny Committee on Private Sector Investment under foreign loanssuppliers credits. Chaired by Bangladesh Bank (BB) Governor Dr Atiur Rahman, the meeting was also attended by...

Lafarge on spot trading

2011-05-17 00:00:00

Trading of the shares of Lafarge Surma Cement Ltd will be allowed only in the spot market and blockodd lot transactions will also be settled as per spot settlement cycle from tomorrow (Wednesday) to May 30. Trading of the shares...

Abducted college student rescued after 2 days

2011-05-17 00:00:00

KHULNA, May 16 (UNB): A college student and son of a Saudi expatriate abducted for ransom was rescued by RAB after two days from a house in Chanmari area in the city today. Ekramul Sheikh Prince, a first year student...

weather

2011-05-17 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Rajshahi, Rangpur, Khulna, Barisal, Chittagong and Sylhet divisions with moderately heavy falls at places in next 24 hours till 6.0 pm...

UNWTO to provide all possible support for tourism

2011-05-17 00:00:00

The United Nations World Tourism Organisation (UNWTO) will provide all possible support for flourishing tourism in Bangladesh as the country can use tourism as one of its major tools to cut poverty, reports BSS. "UNWTO secretary-general assured me that his...

Increase of tax on tobacco demanded*****

2011-05-17 00:00:00

Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...

B'desh embassy 'Open House' event draws visitors

2011-05-17 00:00:00

A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...

Mongla port to be brought under automation

2011-05-17 00:00:00

Our CorrespondentKHULNA, May 16: The problem of navigability will be removed for the development of Mongla port, increase containers for export, modern equipment for container handling and the port will be brought under automation system soon, said the Shipping Minister...

8 killed in lightning in districts

2011-05-17 00:00:00

KISHOREGANJ, May 16 (UNB) : Six people were killed and another four injured in separate lightning strikes at Nikli and Bajitpur Upazilas Monday morning. The deceased were identified as Shamsuddin (50), Manik (38) and Rassel (16) of Purbo village at...

Call to raise budgetary allocation for disabled

2011-05-17 00:00:00

RAJSHAHI, May 16 (BSS): Development organisations working with the disabled at a press conference here today demanded enhanced budgetary allocation for welfare of the disabled people along with their overall livelihood and socio-economic development. Terming the existing allocation as very...

Bumper Boro production likely in Nilphamari

2011-05-17 00:00:00

Our CorrespondentNILPHAMARI, May 16: A bumper Boro paddy production is expected in Nilphamari district in this season. Department of Agriculture Extension (DAE) sources said this year's Boro production target in the district is 3,52,045 metric tonnes in 83,878 hectares of...

RCC implements poverty reduction project

2011-05-17 00:00:00

RAJSHAHI, May 16 (BSS): The Rajshahi City Corporation (RCC) has been implementing a poverty reduction programme in its slum areas for the last couple of years successfully. The six-year "Urban Partnership for Poverty Reduction Project (UPPRP)" is being executed aiming...

10 get RI in Jamalpur

2011-05-17 00:00:00

JAMALPUR, May 16 (UNB) : A court here Sunday convicted 10 people and sentenced them to life term imprisonment in a murder case and in another count seven years each in abduction case. The court also fined them Tk 10,000...

FDI, loans worth $85m okayed

2011-05-17 00:00:00

Five investment proposals totaling US$85.85 million were approved Monday by the 54th meeting of the Scrutiny Committee on Private Sector Investment under foreign loanssuppliers credits. Chaired by Bangladesh Bank (BB) Governor Dr Atiur Rahman, the meeting was also attended by...