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Luring more companies to go public

2010-10-24 00:00:00

All concerned -- investors, securities regulator, the management of the bourses, experts and policymakers -- are convinced that the stock market is overheated and sporadic measures taken by the regulator has failed to rein in the bull that has been...

Energy crunch and plan to raise power tariff again

2010-10-24 00:00:00

Shahiduzzaman KhanBANGLADESH'S annual economic losses out of the perennial energy shortfall is US$16.6 billion, around 16.6 per cent of the $100 billion gross domestic product (GDP), according to a study conducted by a Bangladesh University of Engineering and Technology (BUET)...

Coping with diarrhoea outbreak

2010-10-24 00:00:00

Mamum AshrafSUMMER is lingering in the country. The extreme heat, as has been experienced in the recent days, usually causes a diarrhoea epidemic of sorts in Dhaka city. Under such a situation, the main hospital for diarrhoea treatment, ICCDDRB, is...

Tax on saving certificates hurts small savers most

2010-10-24 00:00:00

PENSIONERS, retired civil servants, housewives and others do largely depend on their investments into national savings certificates for some modest earnings. But they have been done much injustice from the recent decision of the government to slash the rate of...

Should we honour or pamper the cricket heroes ?

2010-10-24 00:00:00

In the Prime Minister's reception for the triumphant cricketers, it was declared that each member of the national team would be given a plot of land and a car in Dhaka. They were also promised lavish benefits on retirement.This writer...

Sunday

2010-10-24 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Mallay07:45 Chir Shilper Bari08:00 Sakaler Sangbad08:30 Maati-O-Manush08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Baithok Khana09:35 Mone Pore10:00 News10:05 Muktijuddha Pratidin10:30 Sustho thakun11:05 Progotir Pathe11:30 Natun Sure Natun...

Nikkei inches up, supported by earnings, eyes on G20

2010-10-24 00:00:00

TOKYO, Oct 23 (Reuters): Japan's Nikkei rose 0.5 per cent Friday in a rebound after two days of losses, but investors were wary of pushing the market higher before seeing the outcome of a Group of Twenty (G20) meeting and...

Oil recovers, gold slips to two weeks low in NY

2010-10-24 00:00:00

NEW YORK, Oct 23 (Commodity Online): Global oil prices managed to finish the week on a high note while the bullion fell to its lowest in two weeks Friday. Light sweet crude for December closed $1.13 higher at $81.69 a...

Australia, S’pore stock exchanges plan merger

2010-10-24 00:00:00

SYDNEY, Oct 23 (AFP): Singapore's stock exchange is preparing to launch a takeover of its Australian counterpart to form a 14-billion-dollar (13.8 billion US) alliance, a report said Saturday.The Singapore Exchange is expected to announce a 6-billion-dollar takeover bid for...

Copper prices may go up again

2010-10-24 00:00:00

LONDON, Oct 23 (Commodity Online): Copper production prices are set to shoot up in the coming days. An Indication to this effect was given by the world's second biggest copper producer Arubis.The company said that the fees for processing crushed...

18 more gold mines shut down in Colombia

2010-10-24 00:00:00

BOGOTA, Oct 23 (Commodity Online): In its efforts to regulate mining and environmental hazards to workers, Colombia closed down 18 more illegal gold mines in the country. According to country's environment ministry, they are reviewing the legality of at least...

Investors seek out Chinese, consumer IPOs

2010-10-24 00:00:00

NEW YORK, Oct 23 (AP): After a two-month rally in US stock markets, initial public offering (IPO) investors appear eager to buy into China's fast-paced growth and expanding middle class, and make selective bets on US consumers' slowly rekindled desire...

Sensex ends volatile week with marginal gains

2010-10-24 00:00:00

MUMBAI, Oct 23 (Business Standard): The markets exhibited high volatility for the second straight week. The benchmark indexes gyrated between zones during the week as quarterly earnings and fund flows to India's biggest initial public offering (IPO) kept investors on...

China becomes Volvo's 'third largest market'

2010-10-24 00:00:00

BEIJING, Oct 23 (AFP): China has become the third largest market for Volvo, which Chinese car maker Geely recently acquired, state media reported Saturday.Alexander Klose, head of Volvo Cars China, made the comments at a trade show in the northern...

Honda recalls 0.53m vehicles worldwide for brake defect

2010-10-24 00:00:00

CHICAGO, Oct 23 (AFP): Japanese automaker Honda Motor Co announced the recall of nearly 0.53 million vehicles worldwide Friday due to a defect with the cylinder that holds brake fluid.The recall comes a day after Toyota announced a safety recall...

Price of essentials up in Khulna

2010-10-24 00:00:00

Our CorrespondentKHULNA, Oct 23: The prices of most of the essentials in Khulna city markets continued to go beyond the purchasing capacity of the common people. "Our backs have been pushed to the wall as prices of commodities like egg,...

Billing Area Office of RPBS opens in Gaibandha

2010-10-24 00:00:00

Our correspondent,GAIBANDHA, Oct 23: A Billing Area Office of Rangpur Palli Bidyut Samity (RPBS) was inaugurated at Sadullapur Upazila Town in the district recently amid much enthusiasm of the local consumers.Upazila Parishad Chairman SM Khademul Islam Khudi inaugurated the office...

Rangpur weavers in sorry state

2010-10-24 00:00:00

Our Correspondent RANGPUR, Oct 23: The handloom industries in Rangpur district have been in sorry state for a long time. The industries had a glorious past, but now with the passage of time those industries are facing the threat of...

Aman production may exceed target

2010-10-24 00:00:00

Our CorrespondentJOYPURHAT, Oct 23: Joypurhat farmers and DAE are expecting good Aman harvest in the running T-Aman season, although cultivation had been late, due to lack of rain water. Joypurhat Agriculture Extension Department said, this year Aman cultivation target was...

Rice procurement drive going on in Gaibandha

2010-10-24 00:00:00

GAIBANDHA, Oct 23 (BSS):The Boro rice procurement drive is going on in full swing in the district during the current season. Food department sources said the government has set a target to procure a total of 30,725 metric tonnes of...

NBSM launches sugarcane crushing

2010-10-24 00:00:00

Our CorrespondentNATORE, Oct 23: Youth and Sports Minister Ahad Ali Sarker formally inaugurated sugarcane crushing 2010-2011 season of North Bengal Sugar Mills, Gopalpur, in Natore district as the chief guest October 22. Managing Director of NBSM Engineer Haris Ali was...

News in brief

2010-10-24 00:00:00

Fisherman shot dead in KhulnaNowsher Ali Sane was shot dead and his two sons were shot at by the pirates in Naliyan of Sundarbans Thursday night. Police said that Nowsher Ali Sana, and his two sons Alamgir and Mahbub of...

Good classroom teaching as alternative to coaching

2010-10-24 00:00:00

Chowdhury Md. Usman AhmmadyAFTER getting a job in a school at Tejgoa in Dhaka, Mr. Rahman, MA in English, found himself in tight financial straits as he had to support his family with a poor salary. A person from the...

World Statistics Day observed at EWU

2010-10-24 00:00:00

Bangladesh Statistical Association (BSA) and East West University jointly organized a day-long seminar on Friday (October 22) at the auditorium of East West University to observe the "World Statistics Day". The theme of the seminar was "Statistics for All". Air...

Seminar on markets and health at NSU held

2010-10-24 00:00:00

Career and Professional Development Services (CPDS) of North South University arranged a seminar titled "Markets and health in the home of Smith and Yunus" recently. Professor Cam Donaldson, Yunus Chair for Research in Social Business & Health, Glasgow Caledonian University,...

Exporters oppose FDI in RMG beyond EPZs

2010-10-24 00:00:00

Nazmul AhsanThe country’s apparel exporters — both woven and knitwear — have demanded a ban on Foreign Direct Investment (FDI) in ready-made garment (RMG) sector outside the Export Processing Zones (EPZs), sources said.The government withdrew the ban in 2006 to...

CPA claims ships’ stay-time comes down to three days

2010-10-24 00:00:00

Our CorrespondentCHITTAGONG, Oct 23: The average stay-time of ships in the Chittagong Port has come down to three days, port officials said.“Loading, unloading and delivery of goods from the port have become normal and the cargo handling has improved amazingly...

Clash over land acquisition for army housing: 50 hurt

2010-10-24 00:00:00

At least 50 people were injured, including 10 receiving gunshots, in a clash over acquisition of about 5,000 bighas (165,000 decimals) of land for an army housing project near Rupganj-Ichhapura road in Narayanganj on Saturday, reports bdnews24.comThe police opened fire,...

Padma bridge to be built within AL's tenure: Minister

2010-10-24 00:00:00

FE ReportCommunications minister Syed Abul Hossain Saturday dismissed the fear of critics, insisting that Padma bridge construction would be completed within the present government's tenure."We want to start the Padma bridge construction within our tenure. We are trying with utmost...

GP's revenue up by 14pc in nine months

2010-10-24 00:00:00

FE Report Grameenphone's revenue grew by 14 per cent during the first nine months ending September 2010 to Tk 55.15 billion. The country's largest mobile phone company disclosed this Saturday at a press conference held at a local hotel in...