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RMG exports rise by 36pc in five months

2010-12-06 00:00:00

Monira MunniExport of garment products recorded 36 per cent growth in the first five months of current fiscal year 2010-11 compared to the corresponding period last fiscal, giving a big boost to the country's overall export earnings.High demand for Bangladeshi...

PM orders special facilities for expat investors

2010-12-06 00:00:00

Prime Minister Sheikh Hasina has directed the ministry and department concerned to explore the extra facilities and incentives which can be provided to expatriate Bangladeshis interested in investing in the country, report agencies.The directives came when she was briefed about...

New lease of life for Royal Bengal Tigers

2010-12-06 00:00:00

Mohammad Shahidul IslamThousand-year old proud legacy, the legendary Royal Bengal tigers will pretty soon say good-bye to us, if we do not do something right now to stop their extinction from the face of the earth. Time is brutal and...

An open letter to the Prime Minister

2010-12-06 00:00:00

Shamsher ChowdhuryYour Excellency,At the very outset, I seek your indulgence to encroach on your valuable time. I wish I could address the letter to some other person in your cabinet, but it is my impression that, for all practical purposes,...

Condemning air cargo cartels on World Competition Day

2010-12-06 00:00:00

Pradeep S MehtaOn December 5, 1980, the United Nations adopted the international standard for competition laws under what is called the United Nations Set of Multilateral Principles and Rules for the Control of Restrictive Business Practices, better known in the...

Khulna environment fast degrading

2010-12-06 00:00:00

Our CorrespondentKHULNA, Dec 5: The whole Khulna city is becoming unsuitable for living because of environment degradational. Industrial units at Khalishpur and Daulatpur in Khulna are posing a threat to the environment continuously polluting air, water and soil of the...

Joypurhat markets keep receiving seasonal potato

2010-12-06 00:00:00

Our CorrespondentJOYPURHAT, Dec 5: Joyputhat district has gained popularity as a big vegetable growing district. Seasonal potato growing is going on in full and it has already begun to enter the city and village markets.Joypurhat DAE sources said that this...

Agribusiness fair opens in Rajshahi

2010-12-06 00:00:00

Our CorrespondentRAJSHAHI, Dec 5: A three-day long Agribusiness Fair-2010 organised by Bangladesh Agribusiness Development Project(BADP) under Agriculture Marketing Department was inaugurated at the Green Plaza of Rajshahi City Corporation(RCC) Saturday afternoon.Mayor of Rajshahi City Corporation AHM Khairuzzaman Liton inaugurated the...

Warm clothes sale picks up in Pabna

2010-12-06 00:00:00

Our Correspondent PABNA, Dec 5: The sale of warm clothes has picked up at the makeshift shops and hawkers' markets in Pabna as winter sets in with a chilling atmosphere.Makeshift shop owners Sunday said the sale of winter clothes such...

Flood-tolerant Aman cultivation gaining popularity in N- dists

2010-12-06 00:00:00

RANGPUR, Dec 5 (UNB): Cultivation of flood-tolerant varieties of Aman paddy - BRRI Dhan-51 and 52 - has been gaining popularity in the char areas of five northern districts of Rangpur division.The districts are Rangpur, Gaibandha, Nilphamari, Lalmonirhat and Kurigram.A...

Schoolgirl killed road crash

2010-12-06 00:00:00

MANIKGANJ, Dec 5 (UNB): A minor schoolgirl was killed in a road accident in Bandatia area of the district town Saturday.The deceased was identified as Mohona, (12), student of Manikganj Govt Girls' High School and daughter of late Russell Miah...

RU signs agreement with German varsity

2010-12-06 00:00:00

RU CorrespondentRAJSHAHI UNIVERSITY, Dec 5: Fryeburg University of Education of Germany signed an agreement with Rajshahi University (RU) today with a view to assisting the higher education and research activities, said a press release.The agreement signed by Prof. Abdus Sobahan,...

News in brief

2010-12-06 00:00:00

Timber recovered in Khulna The coast guard members recovered huge quantity of Sundari wood worth over Tk 0.1 million from Charkana area under Mongla Upazila of Bagerhat district Saturday.Coast guard source said that on secret information they raided different areas...

Nagging RMG problems

2010-12-06 00:00:00

It is not known whether the actual causes behind the reported clash at Ashulia end-November, in which some 50 people, including 15 women workers, were injured at DEPZ, have been unearthed. An official of a readymade garment (RMG) unit where...

DCC to undergo structural change?

2010-12-06 00:00:00

Shamsul Huq Zahid With the Election Commission (EC) dragging its feet on holding the Dhaka City Corporation (DCC) elections for reasons that are known to everyone, the government is making an apparent serious move to divide the existing area of...

Ensuring efficient operations at Chittagong Port

2010-12-06 00:00:00

Anwarul HaqueThe advisory committee that was formed to deal with the affairs of Chittagong port did express its concern over violence by a section of port workers and their backers, witnessed in the port from time to time. The army...

Industrial policy : The vital missing link

2010-12-06 00:00:00

The newest National Industrial Policy, 2010 aims to increase contribution of industrial sector to the national income by 40 per cent and raise employment by 25 per cent by 2021 from new industries.But given the actual situation in respect of...

Bank credits diverted to capital market

2010-12-06 00:00:00

It was reported in a section of the media that some Taka 400 billion would be disbursed for small and medium enterprises (SME) sector in the current calendar year. This was the highest ever amount provisioned for the SME sector....

Boosting domestic food production

2010-12-06 00:00:00

The Food and Agriculture Organisation (FAO) of the United Nations has issued a warning recently that the bill for global food imports will top $1,000 billion this year for the second time ever putting the world dangerously close to a...

Monday

2010-12-06 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Bitaan07:45 Aamrao Pari08:00 Sakaler Sangbad08:15 Maati-O-Manush08:35 Mukto Aalap08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Docu09:35 Sabar Jonno Shikkha10:00 News10:05 Muktijuddha Pratidin10:30 Protikar11:05 Banglar Lok Gaan11:30 Ranagoner Dinguli12:00...

BSE may knock Sebi door against move to ban bourses' listing

2010-12-06 00:00:00

MUMBAI, Dec 5 (PTI): Under pressure from shareholders -- mostly foreign institutions -- at least two stock exchanges including BSE, may approach the government and regulator Securities and Exchange Board of India (Sebi) against a proposal to disallow bourses from...

Qatar shares surge to two-year high

2010-12-06 00:00:00

DUBAI, Dec 5 (Bloomberg): Qatar's shares soared to the highest in more than two years after the country won the rights to host soccer's 2022 World Cup, becoming the first Arab nation to hold the world's most-watched sporting event.Qatar National...

Coal India may lose Rs188b by Mar 2012

2010-12-06 00:00:00

NEW DELHI, Dec 5 (PTI): Delays in environment clearances to Coal India projects may result in loss of about 190 million tonnes output valued at about Rs 188 billion, to the country's largest miner by March 2012.Coal India, which through...

Australia hopes to cash in on uranium boom

2010-12-06 00:00:00

LONDON, Dec 5 (Commodity Online): India's hunger for nuclear power and China's overdrive to establish new nuclear power plants are being curiously watched by Australia as they plan to cash in on the new-found boom in uranium trade.Australia is one...

Int'l business news in brief

2010-12-06 00:00:00

S Korean lawmakers term US trade deal is 'humiliating'SEOUL, Dec 5: A sweeping free trade agreement with the United States looks set for a rough ride through the South Korean legislature after opposition parties branded it a "humiliating and treacherous"...

shipping

2010-12-06 00:00:00

Chittagong PortBerthing positionDecember 6, 2010Berth No. NV                   Cargo       LC       LA           DA     Leaving   I/DJ/2       Asrar-A-Mostafa                Log             Yang           Cla                  09/11       05/12       123            Ace Star                                Gi                Sing            Jac                   27/11       06/12       1377J/3       Golam –E-Mostafa             Rice             Qasim         Fsl                  28/11       09/12       2443J/4       La Jolla Belle                      Wheat        ...

Brazil's Vale will list in Hong Kong

2010-12-06 00:00:00

HONG KONG, Dec 5 (AFP): Brazil's Vale said Sunday that it would list on the Hong Kong stock exchange this week as the mining giant looks to boost its presence in key Asian markets, including China.Sao Paulo-based Vale, the world's...

Desire Petroleum to go ahead with Falkland drilling

2010-12-06 00:00:00

FALKLAND ISLANDS, Dec 5 (Commodity Online): Desire Petroleum, which has staked shareholder capital on finding commercially viable quantities of oil in the South Atlantic's North Falkland Basin, said its latest drilling held promise of a discovery it could work with....

exchange rate

2010-12-06 00:00:00

Dcember 5, 2010 The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction SundaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBs Sonali Bank70.750095.4639111.94390.865673.001870.905270.6558Agrani Bank70.780095.6292112.31210.867472.949470.852470.4341FCBsStanChart69.9092.14109.670.8571.1369.0866.89HSBC 70.860595.1910112.62520.877771.213670.124668.9352Citibank naNANANANANANANABank of Ceylon70.890094.1143113.24750.883572.440270.028671.4288PCBsUttara Bank70.850093.6825111.05800.859070.653369.943068.5601AB Bank71.150097.0746113.55930.8801NANANABuying rates  from public...

Iran becomes self-sufficient in producing nuclear yellowcake

2010-12-06 00:00:00

TEHRAN, Dec. 5 (agencies): Head of Atomic Energy Organisation of Iran (AEOI) Ali-Akbar Salehi said Sunday that Iran has become self-sufficient in producing nuclear yellowcake, state TV reported.In a live broadcast from Iran's IRINN state TV channel, Salehi said that...