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Sri Lankan President is haunted by war excesses against the Tamils

2010-12-08 00:00:00

Zaglul Ahmed ChowdhurySri Lankan President Mahinda Rajapakse is haunted by serious allegations of war excesses -- particularly during the closing phase of the civil war against the Tamil rebels -- even as he has just been sworn in as the...

Washington fails to shut down money pipeline that finances Islamic insurgency

2010-12-08 00:00:00

Fazle Rashid from New York Many million dollars are flowing largely unimpeded to Islamic Jihaddist groups worldwide despite the vow the United States made to shut down money pipeline that finances Islamic insurgency. Washington has grown frustrated by the frequent...

Make health care accessible for the poor

2010-12-08 00:00:00

All men are equal in the eyes of God. But in society, we find poor and the under-privileged men, women and children suffering from various diseases, minor or chronic, do not go to the doctor for fear of high rate...

Perceptions and realities

2010-12-08 00:00:00

The recent reports on Grameen Bank and its alleged transfer of funds to a sister organization without expressed consent from donors tarnishes the image of the organization and persons behind it - notably that of Dr. Yunus, the Nobel Laureate....

Preservation of Liberation War sites

2010-12-08 00:00:00

Most local dailies reported on December 2 that the High Court reminded the government of its duty to preserve the Liberation War sites. It is a shame for the nation, the successive governments, and now the Awami League that they...

Asian shares sluggish amid China rate hike worries

2010-12-08 00:00:00

SEOUL, Dec 7 (Agencies): Stock markets in Asia were mixed Tuesday as a stronger yen helped pushed down big name Japanese exporters and worries about a possible interest rate hike in China damped sentiment.Japan's Nikkei 225 stock average fell 0.2...

Vietnam cashew exports hit new record

2010-12-08 00:00:00

HANOI, Dec 7 (Commodity Online): Major cashew nut producer and exporter, Vietnam said its exports hit 180,000 tones till November, earning a record, more than $1 billion. According to Vietnam Cashew Nut Association (VCNA), country's cashew nut exports achieved such...

Gold, silver scale new highs at opening on global trend

2010-12-08 00:00:00

MUMBAI, Dec 7 (Agencies): Both the precious metals sparkled on the bullion market here today with the yellow metal touching its new peak and the white metal in early trade on hectic buying from stockists propelled by sharp rise in...

India-Kazakhstan oil pact likely by February

2010-12-08 00:00:00

NEWDELHI, Dec 7 (Commodity Online): In an effort to fulfil the growing energy demands, India and Kazakhstan will likely to sign a key oil deal. As per the deal, India's OVL, the foreign arm of ONGC will acquire 25 per...

Sensex volatile, banks, realty, PSU decline

2010-12-08 00:00:00

MUMBAI, Dec 7 (Economic Times): Benchmarks bounced back from day's lows but were still in the negative terrain due to lack of buying interest. Banks, realty and PSU stocks led the decline while oil&gas and tech stocks showed some resistance....

Int'l business news in brief

2010-12-08 00:00:00

E Asia heading for economic slowdown, warns ADBHONG KONG, Dec 7: East Asia will post slower growth next year due to a wobbly US recovery, the Asian Development Bank (ADB) warned Tuesday, adding that greater exchange rate cooperation could help...

shipping

2010-12-08 00:00:00

Chittagong PortBerthing positionDecember 8, 2010Berth No. NV                   Cargo       LC         LA         DA     Leaving   I/DJ/2          Ace Star                             Gi                   Sing            Jac                27/11    06/12       ---J/3          Golam –E-Mostafa          Rice                Qasim         Fsl               28/11    09/12       --J/4          La Jolla Belle                   Wheat            Const          Uml             20/11    08/12       3655J/5          Jiao Cheng                       ...

exchange rate

2010-12-08 00:00:00

The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction TuesdaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBs Sonali Bank70.750094.9093111.67440.867372.532670.757070.4638Agrani Bank70.780095.0842112.02900.868372.511970.704970.1722FCBsStanChart69.9092.14109.670.8571.1369.0866.89HSBC 70.905596.8206113.52500.889773.188570.969570.5790Citibank naNANANANANANANABank of Ceylon70.990096.5541114.50040.892174.413071.440173.6166PCBsUttara Bank70.900095.4360112.08300.871372.693870.827570.2602AB Bank71.150096.5279113.26110.8823NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali Bank69.800092.6685109.59750.838470.810669.064268.7843Agrani...

700 tonnes of fish being produced in N-dists

2010-12-08 00:00:00

RANGPUR, Dec 7 (BSS): Rangpur-Dinajpur Rural Service (RDRS) is likely to produce 700 tonnes of fish in the paddy fields in the northern region this season. Harvesting of the fish cultivated under the DFID-funded ongoing 3-year project of 'Enhancing Impacts...

Date juice extraction begins in Gopalganj

2010-12-08 00:00:00

Our CorrespondentGOPALGANJ, Dec 7: The extraction of date juice is going on in full swing in five upazilas of Gopalganj district amid a brisk business of the seasonal food item.One kilogramme of quality date molasses is now being sold at...

Free Jessore Day observed

2010-12-08 00:00:00

Our CorrespondentJessore, Dec 7: Elaborate programmes were chalked out in the district town to mark the Free Jessore Day on Monday. Jessore district administration and Jessore district unit command freedom fighters council jointly brought out a victory procession in the...

6 killed in road mishaps in 2 dists

2010-12-08 00:00:00

MANIKGANJ, Dec 7 (UNB): Five people were killed and 30 others injured in separate road accidents in sadar and Singair Upazilas Monday and Tuesday.Police said two people died on the spot and four others were injured when a truck carrying...

A memory shattered

2010-12-08 00:00:00

MYMENSINGH, Dec 7 (bdnews24.com): Residents of Mymensingh experienced an agonising nostalgia when dazzling shopping malls and multi-storied buildings replaced the town's Alka and Ajanta cinema halls. Explosions in four halls of the town, including Alka, turned the merriment of Eid-ul-Fitr...

FAO project for Sidr victims in progress

2010-12-08 00:00:00

Our CorrespondentKHULNA, Dec 7: A total of 82,000 farmers of all categories particularly marginal, landless and small farmers are receiving quality inputs for crop, fish and livestock sectors with adequate support by technical knowledge through training under a project of...

Darowany Textile Mill reopens

2010-12-08 00:00:00

Our CorrespondentNILPHAMARI, Dec 7: After remaining closed for nearly two years Darowany Textile Mill has been handed over to a private company named Trade Concern for operation on service charge contract system recently. This is for the third time that...

Incoterms 2010 more precise, says BB Governor

2010-12-08 00:00:00

FE ReportUnderstanding of the new Incoterms 2010 is crucial for accurate negotiation of sales contracts to avoid complicacy that may arise of submitting letter of credit (L/C) to banks for reimbursement."The eighth version of latest Incoterms 2010 to be effective...

$30m proposed to invest in apparels

2010-12-08 00:00:00

FE ReportA Sino-Japanese investment team proposed Tuesday to put US$30 million (3 crore) into Bangladesh's booming apparel industry.The team also showed its interest to transfer "smart" grid technology to the country-part of its plan to develop energy and information technology...

Premier Bank inaugurates brokerage branch in Ctg

2010-12-08 00:00:00

Premier Bank Limited, one of the leading private banks of the country inaugurated its new brokerage house at O.R. Nizam Road in Chittagong.Mr. M. A. Latif (MP), President of Chittagong Chamber of Commerce & Industry was present on the occasion...

Citi Asia Pacific Public Sector Group Head in city

2010-12-08 00:00:00

FE Report Michael J. Paulus, Managing Director and Public Sector Group Head, Citi Asia Pacific arrived in Dhaka Tuesday.Mr. Paulus and Sanjeev Jain, Public Sector Head, Global Transaction Services, Citi Asia Pacific will visit valued clients of the bank and...

NBL, Agrani to help maize farming

2010-12-08 00:00:00

Agrani Bank Ltd (ABL) and National Bank Ltd (NBL) recently signed two separate memoranda of understanding (MoU) with Katalyst and Winrock International (WI), two non-profit private organisations, to expand maize cultivation in Bogra and Rangpur districts through providing loans to...

NCC Bank workshop on 'AML for BAMLCO'

2010-12-08 00:00:00

NCC Bank Ltd. organized a workshop on 'AML for BAMLCO' for the Executives and Officers of different branches & Head Office of the Bank at Bank's Training Institute.M. Mahfuzur Rahman, Executive Director of Bangladesh Bank inaugurated the workshop as chief...

Kuwait hopes to increase trade with Bangladesh

2010-12-08 00:00:00

Kuwait government is interested to increase both way trade volume with Bangladesh through exploring more avenues of economic cooperation between the two countries. "We are keen to increase our trade relations with Bangladesh and our commerce minister will visit Bangladesh...

Int'l plastic fair in city February 2012

2010-12-08 00:00:00

FE ReportThe 7th four-day 'Bangladesh Int'l Plastics, Packaging and Printing Industrial Fair 2012' will kick off on 15 February 2012, disclosed Shahedul Islam, president of Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) at a press conference held at the...

Malaysia donates Tk 7m to CIRDAP

2010-12-08 00:00:00

Malaysia contributed Tk 7.0 million ($95,777) to the Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP) in Bangladesh to support and enhance integrated rural development and poverty alleviation initiatives in Asia and the Pacific region, reports BSS.Malaysian...

New AMD of SJIBL

2010-12-08 00:00:00

Mr Mukhter Hossain has been promoted to the post of additional managing director (AMD) of Shahjalal Islami Bank Limited (SJIBL) recently, said a press release. Prior to this promotion, he was the deputy managing director of the bank.Mr Hossain started...