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Fixation of maximum one-day chick price protested

2010-07-25 00:00:00

Poultry industry leaders have strongly protested the decision taken by the Department of Livestock to fix maximum price of one-day chick. They also demanded withdrawal of AIT on import of maize and tax imposed on feed production immediately while speaking...

Afforestation: A Sisyphean task?

2010-07-25 00:00:00

Khalilur RahmanWe know about the episode of Sisyphus, a king of Corinth, who, according to Greek mythology, was condemned forever to roll a stone up a hill in Hades only to have it roll down again on nearing the top....

BNP wants equal representation in special committee on Constitution

2010-07-25 00:00:00

BNP leader Barrister Moudud Ahmed MP has said the BNP will join the special committee formed to amend the constitution if it is recast incorporating an equal number of members from the ruling and the opposition parties, to bring fundamental...

Experts for mass transport to end traffic chaos during Ramadan

2010-07-25 00:00:00

Munima SultanaThe lack of steps to stem the tide of rural migrants and non-motor vehicles is feared to worsen the city's traffic chaos during the Ramadan and experts say mass transport could ameliorate the situation.They say the government must encourage...

Govt moves to set up compression stations again to boost gas flow

2010-07-25 00:00:00

M Azizur RahmanThe government has moved again to install the much-needed compression stations to boost natural gas transmission across the country with a fresh momentum as the Asian Development Bank (ADB) has almost doubled its committed funds, said a top...

Bangladesh to open more exchange houses in USA

2010-07-25 00:00:00

FE Report The central bank has taken special measures to allow operation of more exchange houses in the United States in the backdrop of downward trend of remittance inflow from the world's biggest economy. The flow of remittances witnessed a...

GP adds highest 5.30m new clients in 2009-10 fiscal

2010-07-25 00:00:00

Sonia H MoniGrameenphone (GP) has included 5.30 million new subscribers in its network in the 2009-10 fiscal, the highest among the country's six mobile operators.GP Deputy CEO and CFO Raihan Shamsi told the FE: "Launching a number of new packages,...

NYT devotes whole column to Gen Kayani

2010-07-25 00:00:00

From Fazle RashidNEW YORK, July 24: Change in the office of the army chief no where in the world makes headline in the international media. China perhaps is an exception. The media worldwide keep a vigilance on China's military set-up...

Bangladesh 4th largest garment exporter: WTO

2010-07-25 00:00:00

FE ReportThe World Trade Organisation (WTO) has rated Bangladesh as the fourth largest garment exporter, contributing around 3.0 per cent to total international exports, said a top official of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Saturday.Faruque Hassan, the BGMEA...

MPS recognises money matters

2010-07-25 00:00:00

BANGLADESH Bank (BB) has presented us with a well-crafted programme of monetary management that seeks to balance the economy's competing demands of growth and price stability. Of late, both of these macroeconomic indicators suffered; one from external factors of a...

Action plan to contain city's traffic gridlocks

2010-07-25 00:00:00

Shahiduzzaman KhanA recent study revealed that a staggering amount of Tk 200 billion is lost every year in traffic jams due to valuable time being lost in severe gridlocks on the streets of the capital city. Traffic jam was also...

Public participation needed to curb question leakage

2010-07-25 00:00:00

Gopal SenguptaTHIS refers to the news report regarding a section of government employees who had leaked questions using an innovative method to supply question papers to the candidates they had an agreement with. Intelligence warning on this particular leakage plot...

Saline tolerant paddy

2010-07-25 00:00:00

This encouraging BSS news report was published in all dailies on 18th. July but unfortunately not on the front page, which it deserved! This is a very important development for Bangladesh, given the ever increasing encroachment of saline waters in...

Thanks for a noble deed

2010-07-25 00:00:00

I cannot find words to express my deepest thanks to Sir Frank Peters and Barrister Sara Hossain for the noble deed they performed for Bangladesh by ridding it of the corporal punishment scourge.Although I have lived in Canada for almost...

Sonar Bangla or Digital Bangladesh?

2010-07-25 00:00:00

The Bangalees of the sub-continent are quite familiar with the expression 'Sonar Bangla'. We are proud as Bangalees. Despite all the vicissitudes of history, the dream of Sonar Bangla has remained alive in our midst. The ingredients of making Sonar...

Tobin Tax: An idea whose time must not pass

2010-07-25 00:00:00

Pradeep S Mehta and Anurag SrivastavaJames Tobin's suggestion of 'throwing sands in the wheels of international finance' by taxing currency trading has become a vociferously advocated initiative in the post crisis discourse on reformative regulation. The call is worthy to...

Searching for solution to the planning problems of Dhaka city

2010-07-25 00:00:00

Md. Shohel Reza AminThe government as well as planners, environmentalists and professionals deserve the applause for their persistent efforts in preparing the Detailed Area Plan (DAP), years after the drawing of Master Plan in 1991. They are also encouraged to...

Asian shares lifted by Wall Street rise, Caterpillar earnings

2010-07-25 00:00:00

SINGAPORE, July 24 (Dow Jones): A surge on Wall Street drove Asian stock markets higher Friday, with construction equipment makers in Japan and Korea gaining on strong earnings from the US's Caterpillar. Risk appetite kicked higher in the region after...

Sensex revisits 29-month high on FII's buying spree

2010-07-25 00:00:00

MUMBAI, July 24 (PTI): The BSE benchmark-Sensex scaled to a 29-month closing peak during the week on rise in metal, capital goods, PSU and auto counters in view of announcement of good corporate results for the first quarter coupled with...

US stocks rally on earnings boost, EU bank test results

2010-07-25 00:00:00

NEW YORK, July 24 (Agencies): US stocks extended gains Friday in cautious trading as Wall Street digested results of stress tests on European banks as well as US firms' quarterly earnings. The Dow Jones Industrial Average climbed 102.32 points (0.99...

Nikkei snaps 5-day losing streak on robust US earnings

2010-07-25 00:00:00

TOKYO, July 24 (Xinhua): Tokyo stocks advanced Friday, with the Nikkei stock index snapping a five-day losing streak as Wall Street rose overnight on upbeat earnings reports and investor's were confident the results of Europe's eagerly awaited stress tests for...

Foreign investors' interests continue in Pak equity market

2010-07-25 00:00:00

KARACHI, July 24 (Business Recorder): The foreign investors' interest continued in the local equity market with a net buying of $14.0 million during the outgoing week ended July 23, 2010. The market was driven mainly by the foreign investors, as...

EU bank stress tests fail to reassure investors wary of capital criteria

2010-07-25 00:00:00

LONDON, July 24 (Bloomberg): European regulators found that seven banks need to raise a combined 3.5 billion euros ($4.5 billion) of capital, underwhelming analysts who said the stress tests may not have been strict enough. "The amount of capital needed...

KSE index gains 67.18 points

2010-07-25 00:00:00

KARACHI, July 24 (Business Recorder): The KSE-100 index Friday increased by 67.18 points and closed at the level of 10,296.04 points on the back of fresh buying mainly by foreign investors. A healthy single day inflow of $8.395 million of...

Wipro falls nearly 1.0pc on profit-booking

2010-07-25 00:00:00

MUMBAI, July 24 (PTI): The third largest software exporter Wipro Technologies today fell nearly one per cent after rallying over four per cent in early trade following the better-than- expected first quarter numbers. The Wipro counter closed at Rs 412.10,...

Maruti Q1 net profit falls 20pc

2010-07-25 00:00:00

MUMBAI, July 24 (Business Standard): The country's largest carmaker Maruti Suzuki India today reported a 20.25-per cent fall in its net profit for the quarter ended June 30 at Rs 4.65 billion.The company had posted a net profit of Rs...

Commodity markets mostly climb, oil nears 80 dollars

2010-07-25 00:00:00

LONDON, July 24 (AFP): Raw material prices mainly rose this week as traders tracked upbeat US company results and economic data, but some gains tapered off before publication of European banks' stress-test results. Seven European banks, among a total of...

Lady's-finger cultivation changes Balay's life

2010-07-25 00:00:00

Our CorrespondentGOPALGANJ, July 24: Balay Krishna Bonik (Sadu), a farmer, here has become self-reliant by cultivating lady's-finger in a larger scale. He earned Tk 1,50,000 from his lady's finger field this season.Balay Krishna Banik, son of late Jazes Chandra Bonik...

India to become 2nd largest steel maker

2010-07-25 00:00:00

NEW DELHI, July 24 (Commodity Online): India is expected to become the 2nd largest steel producing nation by 2012 with a targetted production capacity of 120 million tonnes. This was disclosed by Virbhadra Singh, Union Minister of Steel at the...

FAO warns against 'jatropha' hype

2010-07-25 00:00:00

ROME, July 24 (Commodity Online): The United Nations Food and Agriculture Organisation (FAO) has warned against the hyped claims and half-truths about 'jatropha', an oil seed plant, touted as a major potential source of biofuels.In a report, FAO said it...