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Gold breaks another record, climbs near $1356

2010-10-08 00:00:00

SINGAPORE, Oct 7 (Commodity Online): Gold created yet another record Thursday as investors bought up the precious metal to hedge against inflation amid Vietnam's announcement of gold imports to curb rising prices. Gold for immediate delivery was seen trading at...

Oil extends gains on weak dollar

2010-10-08 00:00:00

SINGAPORE, Oct 7 (Commodity Online): World oil prices extended gains in Asian trade Thursday mainly on a falling dollar that offset reports of higher US crude stockpiles. Light sweet crud for November delivery was seen trading at $83.47 a barrel...

Sensex ends 250 points lower on profit booking

2010-10-08 00:00:00

MUMBAI, Oct 7 (Economic Times): Indian markets ended sharply lower after funds-based selling activity intensified in the last one and half hour of trade. Losers pack included stocks from realty, metals and capital goods space. Bombay Stock Exchange's Sensex ended...

Emirates offers special weekend fare to Dubai

2010-10-08 00:00:00

Emirates is offering a special weekend fare for the passengers travelling to Dubai. The offer is effective until December 31, 2010. Emirates' special offer for Dubai is US$ 499 round trip per person and valid for weekends only.Passengers are to...

Nokia launches C3 in India

2010-10-08 00:00:00

KOCHI, Oct 7 (Reuters): Nokia today announced the launch of the Nokia C3 in India, the first device to bring a full QWERTY keyboard to the world's most popular mobile phone platform- Series 40. Nokia C3 allow users to view,...

exchange rate

2010-10-08 00:00:00

shipping

2010-10-08 00:00:00

Chittagong PortBerthing positionOctober 8, 2010Berth No. NV                     Cargo     LC       LA           DA       Leaving I/DJ/2        Brilliant Pescadres  GI          Sing      H&Sl        02/10   09/10 1297J/3        Alameda                 P.Cargo  Sing      Barwil      24/09   08/10   540J/4        Ismar                     GI          H.Pier  Litmond   06/09   07/10 1707J/5        Dong Binh             Rice       Hochi   Jn...

Generation Next to float IPO

2010-10-08 00:00:00

FE ReportTextile maker Generation Next Ltd Wednesday held a road-show for institutional investors, as the company plans to go public under the book building method. BRAC EPL Investment Ltd, the issue manager of Generation Next, valued shares at Tk 50...

HSBC home loan fair begins today

2010-10-08 00:00:00

FE Report A two-day home loan fair of HSBC begins at Sheraton Hotel today (Friday) to attract the clients willing to buy apartments. An official of marketing and planning department of the bank said the loans will be given mainly...

Rahimafrooz, Bashundhara Paper sign accord on CDM

2010-10-08 00:00:00

FE ReportTwo local conglomerates have signed a Clean Development Mechanism (CDM) Service Agreement for developing carbon emission reduction projects. This agreement between Rahimafrooz Renewable Energy Ltd. and Bashundhara Paper Mills Ltd. will open up horizons for private sector participation in...

Southeast Bank opens ATM booth at Gulshan branch

2010-10-08 00:00:00

FE ReportSoutheast Bank Limited (SEBL) expanded its ATM network by opening a new ATM booth at its Gulshan branch in the city recently.SEBL Deputy Managing Director Mohammad Gofran inaugurated the ATM booth as the chief guest, according to a press...

ICB AMCL declares NAV of two unit funds

2010-10-08 00:00:00

FE ReportICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the Net Asset Values (NAV) of its two unit funds, according to a press release.ICB AMCL Unit Fund: The total NAV of ICB...

Labor unrest in the RMG sector--reasons and remedies

2010-10-07 00:00:00

Abul Quasem HaiderThe prevailing worsening situation in readymade garment (RMG) sector is not good for country's feeble economy. RMG sector accounts for 76% of our total annual foreign exchange earnings. Once, Jute was the only foreign exchange earning item. But...

Leadership towards strengthening corporate world and development of country

2010-10-07 00:00:00

Tithe FarhanaA leader's contribution to his society and country is similar to catalyst that can change and transform the overall conditions along with his surroundings, comments a financial expert and renowned business leader.Leadership quality is very significant for the development...

Microfinance saves many poor people from money lender

2010-10-07 00:00:00

Shapan Kumar RoyHakkar Ali of Baithair village in Katiadi Thana under Kishoregonj once had vast property and a nice house. He did not work and used to lead lavish life by selling his property. He borrowed a huge amount of...

Asian stocks rise on hopes for Fed policy easing

2010-10-07 00:00:00

BANGKOK, Oct 6 (AP): Asian stock markets rallied Wednesday, buoyed by growing expectations that the Federal Reserve will take steps to bolster the US economy following the Bank of Japan's surprise interest rate cut.Oil prices hovered below $83 a barrel...

Gold hovers near record highs as dollar dips further

2010-10-07 00:00:00

SINGAPORE, Oct 6 (Commodity Online): Gold extended overnight gains to hit new record in Asian trade Wednesday as the dollar dropped further while Bank of Japan's rates cut still supporting the precious metal. Gold for immediate delivery was seen trading...

Pink diamond gets record price at Canada auction

2010-10-07 00:00:00

TORONTO, Oct 6 (Commodity Online): A pink diamond auctioned for nearly $2.3 million marked the highest winning bid for a gem in Canadian history, the auctioneers said.Kashif Kahn, chief operating officer of Toronto-based Circa Auctions, said the gem, which came...

Oil rises above $83 as global stock markets extend rally

2010-10-07 00:00:00

SINGAPORE, Oct 6 (AP): Oil prices rose above US$83 a barrel Wednesday in Asia amid rising global stock markets and a weakening US dollar.Benchmark oil for November delivery was up 30 cents to $83.12 a barrel at late afternoon Singapore...

Cotton prices surge to highest since 1995

2010-10-07 00:00:00

WASHINGTON, Oct 6 (Commodity Online): International cotton prices have increased almost continuously since April 2009. The rise in prices has been particularly steep since August 2010, according to International Cotton Advisory Commitee (ICAC). The Cotlook A Index reached 115.60 US...

exchange rate

2010-10-07 00:00:00

shipping

2010-10-07 00:00:00

Chittagong PortBerthing positionOctober 7, 2010Berth No. NV                     Cargo     LC       LA           DA       Leaving I/DJ/3        Alameda                 P.Cargo  Sing      Barwil      24/09   07/10   591J/4        Ismar                     GI          H.Pier  Litmond   06/09   07/10 2280J/5        Dong Binh             Rice       Hochi   Jn Ship     06/09   10/10 1051J/6        Sea Fortune            Rice       Koshi  ...

shipping

2010-10-07 00:00:00

Chittagong PortBerthing positionOctober 7, 2010Berth No. NV                     Cargo     LC       LA           DA       Leaving I/DJ/3        Alameda                 P.Cargo  Sing      Barwil      24/09   07/10   591J/4        Ismar                     GI          H.Pier  Litmond   06/09   07/10 2280J/5        Dong Binh             Rice       Hochi   Jn Ship     06/09   10/10 1051J/6        Sea Fortune            Rice       Koshi  ...

Transport planning for competitiveness, reducing business costs

2010-10-07 00:00:00

BANGLADESH has many things to do for making its economy more and more competitive. One of the main requirements would be to improve, expand and upgrade its transportation infrastructures and address related problems. Business leaders at a recent seminar called...

Viability of Bangladesh Biman

2010-10-07 00:00:00

Syed JamaluddinBiman is likely to resume its New York flight to meet the government pledge despite fears of losses. Last time Biman counted a loss of Tk 3.5/4.0 million (35/40 lakhs) on each flight between Dhaka and New York. Biman...

Our new digitacious life!

2010-10-07 00:00:00

Maswood Alam KhanThe English language is notoriously swift and at times a little impish in adopting new words to adapt to the changing world. 'Daycation' is a new English word meaning a short vacation which lasts only one day; so...

Non-partisan service?

2010-10-07 00:00:00

President Mr. Md. Zillur Rahman's appeal to senior officials to discharge their duties according to the Constitution and rise above partisan politics is significant. But for this to happen, the appointment of senior officials should also be non-partisan. Diplomatic posts...

Too many hazards around us

2010-10-07 00:00:00

CITIZENS of the country have been facing the threat of various death traps. Crimes of different kinds, road accidents and intake of deadly chemicals such as "formalin" -- used for preserving dead bodies and now being used to keep fish...

The visionary of digital Bangladesh

2010-10-07 00:00:00

We got our independence in 1971 under the leadership of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman. But our economic freedom is yet to be achieved. Prime Minister Sheikh Hasina, the daughter of the Father of the Nation,...

Thursday

2010-10-07 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...