Many of us have been benefited by our independence in 1971. But many more remain mired in the worst kind of poverty in the world.All that glitters is not gold. Is Gulshan/Banani a piece of Europe/USA in Dhaka? A handful...
HONG KONG, Nov 10 (AFP): Asian stocks were mostly lower Wednesday as fears over European sovereign debt weighed on sentiment, but Tokyo rallied as a strong dollar gave Japanese exporters a much-needed boost.Sydney ended 0.86 per cent, or 40.9 points,...
BANGKOK, Nov 10 (AP): Oil prices were little changed near $87 a barrel Wednesday in Asia, consolidating gains after hitting a two-year high.Benchmark oil for December delivery was up 1 cent $86.74 a barrel at late afternoon Bangkok time in...
Silver continued to lead the precious metals rollercoaster ride Wednesday, as its price rebounded from a near-10 per cent fall, reports Internet.By mid-morning in London, spot silver was trading at $28 a troy ounce - up just slightly from Monday's...
FE ReportDemand for good liquoring varieties of tea was quite strong again in the week, which was generally fully firm, according to a press release.A strong tone prevailed in the market Tuesday particularly for the better liquoring types which were...
Chittagong PortBerthing positionNovember 11, 2010Berth No. NV Cargo LC LA DA Leaving I/DJ/2 New Energy Rice Kochi Hsa 26/10 14/11 1101J/3 Jin Niu Ling Gi Sing Jac 29/10 10/11 5195J/4 Hua Ming Gi Busan Barwil Qc 14/10 11/11 2312J/5 ...
The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction WednesdaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBs Sonali Bank70.750097.7890113.36240.874473.378570.658671.2460Agrani Bank70.780097.8730113.74890.876273.316870.599971.0428FCBsStanChart69.9092.14109.670.8571.1369.0866.89HSBC 70.7055101.5901116.71550.907674.581971.364272.6471Citibank naNANANANANANANABank of Ceylon70.840099.2335115.98720.903574.828471.231874.5308PCBsUttara Bank70.8000100.2596115.13220.887573.808071.124272.1523AB Bank70.8500101.0199115.98450.8896NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali Bank69.800095.4951111.25460.845471.635968.975169.5691Agrani...
Rajshahi Division and Khulna Division won their respective one-day matches of the 12th Premier Division Cricket League at separate venues in the city on Wednesday, reports UNB.In the day's matches, Rajshahi Division beat Dhaka Division by 79 runs at the...
Bangladesh Rifles clinched the Exim Bank 20th National Men's Handball title beating Bangladesh Police by 40-33 goals in the final on the Handball Stadium in the city Wednesday, reports UNB.This was the 19th national crown - 15th in a row...
For football fans who missed the FIFA 2010 World Cup who DUBAI, UAE For football fans who missed the FIFA 2010 World Cup for those who just cannot get enough of the "beautiful game," Emirates is offering packages for the...
Bangladesh Under-17 team earned a convincing seven-wicket victory over touring Cricket Association of Bengal (CAB) Under-17 side in the 2nd one-day match in Sylhet Divisional Stadium Wednesday, reports UNB.Batting first after winning the toss, CAB Under-17 team were all out...
Citibank, N.A. Bangladesh will organise the "Citi Cup Golf Tournament 2010" at Kurmitola Golf Club on November 11-12, 2010 for the 5th consecutive year. This 2-day tournament will be followed by a prize distribution ceremony to be held on November...
Daily Star, Jugantor, Channel i and Destiny reached the semifinals of DRU-Pepsi Inter-House Media Cricket tournament winning their respective quarterfinal matches on Maulana Bhasani National Hockey Stadium Wednesday, reports UNB. In the semifinals today (Thursday), Daily Star will play Channel...
FE ReportCountry's mobile operators Wednesday sought a clear picture from the government on renewing 2G telecom and issuance of 3G licenses as well to sustain the growth of mobile telephony.Among the six mobile operators, five licenses will expire by 2011.The...
Rahimafrooz Globatt Limited (RGL), the newest battery subsidiary of Rahimafrooz, exported its first consignment to China this month.This is also Bangladesh's first export of engineered goods into China. Rahimafrooz's Chinese counterpart has agreed to import at least 500,000 units within...
Md Mehmood Husain, Deputy Managing Director of Prime Bank Limited has been elevated as Additional Managing Director effective from 1st November, 2010.Mehmood has been working in the banking industry of the country for about 26 years. He started his career...
Mr. K. Shamshi Tabrez has been appointed as Managing Director of Dutch-Bangla Bank Limited (DBBL) for three years with effect from Wednesday. Prior to this appointment, he worked as Deputy Managing Director at the same bank. He served in DBBL...
Doulot Akter MalaThe newly launched spot assessment evoked enthusiasm among the people on payment of income tax as they have found the system hassle-free and easier compared to that which requires one to visit tax offices. The National Board of...
FE ReportOver 4,000 garment workers Wednesday clashed with law enforcers by blockading Dhaka-Tangail highway in Ashulia, demanding increased holidays and payment of arrear wages and festival allowance before Eid-ul-Azha, police said.The violence at the apparel industrial hub took place a...
Palli Karma Sahayok Foundation (PKSF) has decided to take up a new comprehensive initiative focusing on integrated development of households for poverty alleviation in selected areas of the country, PKSF officials said.They said this will ensure better utilisation of household...
FE ReportAs the country's stock market continues its record-breaking rally, the chief of the country's apex trade body, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), expressed Wednesday his full confidence in the stability of the market. "I...
The government has decided to form a committee to determine transit fees or service charge after evaluating the policies and papers on transit and transshipment of different countries, reports UNB.The committee will comprise representatives from the ministries of Finance, Foreign...
A.F.M. Mainul AhsanSince existence of "bad news" is the driving force behind short selling, like politicians, CEOs also wants to conceal bad news wherever possible. But why? If presence of short selling brings so many benefits on the table, why...
Abdul MannanUsually mid-term construes middle of the term in question or at its best near about that point. Parliamentary election to be held anytime before completion of the 5 year-term is however, called mid-term election. Such is the practice elsewhere...
The supply of cotton and its price are now global phenomenon. Bangladesh textile industry is mainly dependent on cotton imports from abroad. The global cotton market is expected to climb up for a considerable period of time. It has been...
MICROFINANCE institutions (MFIs) have earned both plaudits and criticism from different quarters in their bid to helping the hardcore poor, who are otherwise considered 'un-bankable' by the formal financial entities including banks. The role of the Bangladesh MFIs, particularly that...
Shamsher ChowdhuryWhat this government needs most today is enhanced level of professionalism, transparency of its operations and improvement of its records on human rights violations. One of the major weaknesses of the ruling party is that nearly all of its...
Md Arif Iqbal KhanMANY companies in Bangladesh face a common problem related to retaining talented human resources, not only because of shortage of skills but also due to some interesting facts.Most recently a young man from a reputed university was...
Among the very first acts of the new government in the UK was to notably reduce the salaries and perks of the ministers in the Cabinet of Prime Minister David Cameroun. This was a symbolic move signifying that the government...
Voters in Bangladesh in general were very much swayed by the ringing promise of the party in power that they would normalize prices. The landslide in favour of this party was prompted in large measure by its loud promise of...
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