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US pressing Israel to halt West Bank construction

2010-09-30 00:00:00

JERUSALEM, Sept 29 (AP): Washington's special envoy to the Mideast is in Israel Wednesday to try and get the stalled peace process back on track and press for a halt to new settlement construction on land the Palestinians want for...

Pakistan probes reports of Qaeda militant's death

2010-09-30 00:00:00

ISLAMABAD,Sept 29 (AP): Pakistan is investigating reports that a CIA missile strike killed a senior al-Qaeda commander as he traveled in a tribal region near the Afghan border, security officials said Wednesday.If confirmed, Sheikh Fateh al-Misri's death would be the...

Surprise defeat for Gillard’s govt

2010-09-30 00:00:00

CANBERRA, Sept 29 (Reuters): Two key independent Australian lawmakers handed Prime Minister Julia Gillard's new minority government a surprise defeat Wednesday as the country's first hung parliament since 1941 met for its first working day.Gillard's Labor Party government needs support...

Kim keeping power in the family

2010-09-30 00:00:00

SEOUL, Sept 29 (Internet): North Korean leader Kim Jong Il expanded his son's growing portfolio Wednesday, using the country's largest political conference in 30 years to cement his family's role in protecting his reclusive regime. North Korea's state news agency...

China lifts rare earth export ban to Japan

2010-09-30 00:00:00

TOKYO, Sept 29 (Reuters): China has ended a de facto ban on exports to Japan of rare earth minerals, a Japanese trading firm source said Wednesday, easing concerns about fallout from a bitter feud between Asia's two biggest economies.Tokyo and...

news digest

2010-09-30 00:00:00

Seoul, Pyongyang to hold border talks todayNorth and South Korea have agreed to hold military talks, their first in almost two years, the Defence Ministry in Seoul said Wednesday. The discussions were scheduled for Thursday at Panmunjom, a North Korean...

Tax policy needs to be equitable and adequate

2010-09-30 00:00:00

Syed Mahbubur RashidTax day was observed on September 15 with pomp and grandeur, of course with a lot of grandiloquence from the two mandarins. This day was first observed on September 15, 2008. Now it has become an annual phenomenon....

Any amendment to RTI Act needs to involve wider public debate

2010-09-30 00:00:00

Gopal SenguptaTHE Right To Information (RTI) Act is no doubt a progressive instrument of democracy, empowering citizens to obtain information. At the same time, the government cannot be faulted for proposing to exempt file notings from the Act's purview. As...

Why a win-win situation is important for strengthening Indo-Bangladesh bilateral relations

2010-09-30 00:00:00

Badrul Islam THE rate of interest to be charged on the $1.00 billion loan deal with Bangladesh by India has some relevant points for consideration. This rate 1.75 per cent per year with an additional commitment charge of 0.5 per...

Asian stocks rise amid hopes Fed to act on economy

2010-09-30 00:00:00

BANGKOK, Sept 29 (AP): Asian stock markets mostly climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more measures to support the US economy, a key market for Asian exporters.Japan's benchmark Nikkei 225 stock average...

Gold hits historic high, breaks $1313 in Asia

2010-09-30 00:00:00

SINGAPORE, Sept 29 (Commodity Online): Gold created yet another record Wednesday as it crossed the $1313 an ounce mark on expectations of a Fed move to boost US economy. Gold for immediate delivery was seen trading at $1311.59 an ounce...

Blenders had good demand

2010-09-30 00:00:00

CHITTAGONG, Sept 29 (UNB): The weekly tea sale here Tuesday witnessed a slightly larger offering which met with more demand, particularly from the Blenders, who were very active and as a result, prices moved up in sellers' favour.According to a...

India to allow cotton exports from November

2010-09-30 00:00:00

TEXAS, Sept 29 (Commodity Online): India has decided to allow cotton exports from November 1. The decision was taken at the high powered cabinet ministerial committee in India chaired by the finance minster that included agriculture minister, commerce minister and...

Oil moves towards $77 in Asian trade

2010-09-30 00:00:00

SINGAPORE, Sept 29 (Commodity Online): World oil prices advanced towards $77 a barrel mark in Asian trade Wednesday mainly after reports of decline in US crude stockpiles. Light sweet crud for November delivery was seen trading at $76.64 a barrel...

Crude palm oil futures decline on weak global cues

2010-09-30 00:00:00

NEW DELHI, Sept 29 (PTI): Crude palm oil prices declined by Rs 3.60 to Rs 415.30 per 10 kg in futures market today as speculators reduced positions in tandem with a weakening global trend.A fall in demand against adequate stock...

Infosys shares hit record high

2010-09-30 00:00:00

MUMBAI, Sept 29 (Reuters): Indian shares eased in choppy trade Wednesday as investors locked in profits ahead of the expiry of monthly derivatives after the market had rallied nearly 12 per cent over four weeks. Traders said the undertone remained...

NCDEX jeera rebounds with buying support

2010-09-30 00:00:00

MUMBAI, Sept 29 (Commodity Online): Jeera futures managed to have some gains in its basket following increased buying at the lower level even though fundamentals remained subdued Wednesday. NCDEX jeera October contract quoted at Rs 13,508 quoted up by Rs...

exchange rate

2010-09-30 00:00:00

Thursday

2010-09-30 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Dolon Chapa07:45 Shilpo O Shahitay08:00 Sakaler Sangbad08:15 Maati-O-Manush08:35 Moner Katha08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Docu-09:35 Lok Oithijjho10:00 News10:05 Muktijuddha Pratidin10:30 Banglar Bangla11:05 Maa O Shishur Katha11:30...

GMG, Cable Shilpa to go public this yr

2010-09-30 00:00:00

FE ReportBangladesh's largest private carrier - GMG Airlines - is set to go public in November this year, chairman of the airline disclosed at an annual general meeting at a city hotel Wednesday.The 13th annual general meeting (AGM) discussed the...

NBL to issue non-convertible subordinated bond

2010-09-30 00:00:00

FE ReportThe shareholders of National Bank Limited has approved increasing the authorised capital from Tk 7.45 billion to Tk 17.50 billion and issuance of Non-convertible subordinated bond worth Tk 2.50 billion.The shareholders’ approval came at the 20th extra-ordinary general meeting...

VOIP licence to be issued from Nov, minister tells JS

2010-09-30 00:00:00

FE Report The government is going to issue Voice Over Internet Protocol (VOIP) licence from November to ensure smooth and cheap telecommunication, facility, post and telecommunication minister Rajiuddin Ahmed Raju told parliament Tuesday."We have taken steps to stop illegal VOIP...

HSBC group board meets in Shanghai

2010-09-30 00:00:00

The meeting of HSBC Holdings plc Board of Directors took place in Shanghai, China Wednesday.Douglas Flint and Stuart Gulliver have recently been appointed HSBC Group Chairman and Group Chief Executive respectively, effective 1 January 2011. Commenting on their appointments, Stephen...

Tapan Chy attends Forbes Global CEO Confce

2010-09-30 00:00:00

Tapan Chowdhury, Managing Director, Square Pharmaceuticals Ltd and former advisor to the last caretaker government, joined Forbes Global CEO Conference in Sydney, Australia which ended Wednesday.Mr Tapan attended the conference on invitation where some 400 global CEOs, tycoons, entrepreneurs, up-and-comers,...

ROK keen to cut trade gap with Bangladesh

2010-09-30 00:00:00

FE ReportSouth Korea wants to reduce the existing trade gap with Bangladesh by investing more in clothing, power generation and renewable energy sectors, said businessmen from South Korea at a seminar. They also said that as an investment destination Bangladesh...

FinExcel holds 1st board meet

2010-09-30 00:00:00

Financial Excellence Ltd (FINEXCEL), deals with a broad range of business issues, primarily providing comprehensive services to financial sector, held its first board meeting recently, said a press release. FINEXCEL chairman Shahed Noman presided over the meeting. Key agendas including...

IPO diary

2010-09-30 00:00:00

NameIFIL Islamic Mutual Fund-1Nature of the fundClose-end Mutual Fund of 10 (Ten) years tenureObjectiveThe objective of the Fund is to provide attractive dividend to the unit holders by investing the proceeds in the Capital Market and Money Market.Subscription OpenSeptember 26,...

People's right to know

2010-09-30 00:00:00

The United Nations has dedicated a day to people's right to know and that is observed on September 28 every year round the world. The spirit and intent of the day is reflected in many countries having legislation consistent with...

Country's economic lifeline under threat

2010-09-30 00:00:00

Enayet Rasul BhuiyanOne does not have to look into many examples to underline the slipping economic governance in Bangladesh. Only the example of the fast deteriorating conditions at Chittagong port that handles the bulk of the country's export and import...

What is wrong with us?

2010-09-30 00:00:00

Shamsher ChowdhuryTHERE is no denying of the fact that over the years we have made some progress in communication, electronic or otherwise, basic consumer industries, infrastructure development, pharmaceutical industry so on and so forth. Yet we have made but very...