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Solar power to solve deficits of Britain's Churches

2010-07-15 00:00:00

LONDON, July 14 (Commodity Online): Britain's churches and other religious buildings could raise £34 million a year for their coffers by installing solar panels, according to new figures from the British Gas Green Streets programme, which are unveiled Wednesday.British Gas'...

Vegetable oil imports by India drop for 6th month

2010-07-15 00:00:00

MUMBAI, July 14 (Bloomberg): Vegetable oil imports by India, the second-biggest user after China, dropped for a sixth month in June as rising domestic inventories deterred buyers.Purchases fell to 732,232 metric tonnes from 780,679 tonnes a year earlier, the Solvent...

exchange rate

2010-07-15 00:00:00

    Exchange Rate                                July 14,Wednesday  The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction WednesdaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550088.8680106.13370.789766.078467.697661.6009Agrani Bank69.550089.1163106.40640.792866.166767.735361.5474FCBsStanChart69.7889.28106.320.8167.0068.6562.37HSBC 69.759890.0142106.88850.811366.310267.635561.5505Citibank naNANANANANANANABank of Ceylon69.790090.6037109.11900.814467.449568.502265.0303PCBsUttara Bank69.700088.5762105.19600.802865.749867.544661.1100AB Bank69.730090.2279107.40770.8021NANANABuying rates ...

Libyan aid ship moving again, heading to Egypt

2010-07-15 00:00:00

JERUSALEM, July 14 (AP): A Libyan charity's aid ship, flanked by Israeli missile boats, was sailing in the direction of an Egyptian port Wednesday, apparently deciding not to defy Israel's naval blockade of the Hamas-ruled Gaza Strip.Egypt's state news agency...

Indian FM in Pakistan for talks to resume peace process

2010-07-15 00:00:00

ISLAMABAD, July 14 (AFP): India's Foreign Minister SM Krishna arrived in Islamabad Wednesday for talks on how to resume a peace process between the bitter nuclear rivals, an official said.Krishna and his Pakistani counterpart Shah Mehmood Qureshi are scheduled to...

Jailed Tareq Aziz handed over to Iraqis

2010-07-15 00:00:00

AMMAN, July 14 (AFP): Iraq's jailed ex-deputy prime minister Tareq Aziz has been handed over by the US military to the Iraqi authorities, his lawyer said on Wednesday, warning that his client's life is 'in danger now'."The American side handed...

ROK ruling party gets new leader

2010-07-15 00:00:00

SEOUL, July 14 (AFP): South Korea's ruling party Wednesday elected a close confidant to President Lee Myung-Bak as its new leader in preparation for presidential and parliamentary elections in 2012.Ahn Sang-Soo, 64, a key member of a political faction loyal...

Suicide bomber involved in Uganda blast

2010-07-15 00:00:00

KAMPALA, July 14 (AFP): A suicide bomber carried out at least one of the two bomb attacks that killed 76 people as they watched the World Cup final in Kampala, and several arrests have been made, a minister said Wednesday.A...

20 dead as typhoon batters Philippines

2010-07-15 00:00:00

MANILA, July 14 (AFP): Typhoon Conson ripped across the Philippines Wednesday, killing at least 20 people as it destroyed shanty towns and caused widespread blackouts that brought the nation's capital to a standstill.Sixty other people were reported missing after Conson...

Russia promises Iran fuel despite sanctions

2010-07-15 00:00:00

MOSCOW, July 14 (AFP): Russian companies are ready to supply fuel to energy-hungry Iran, despite unilateral US and EU sanctions targeting Tehran's oil and gas sectors, the Russian energy minister said Wednesday.The pledge came amid a period of tension between...

China landslide deaths hit 41

2010-07-15 00:00:00

BEIJING, July 14 (AFP): A series of landslides triggered by heavy rains in China has left at least 41 people dead and 34 others missing, state media said Wednesday, as authorities brace for possible flooding.The landslides swept through villages in...

news digest

2010-07-15 00:00:00

Iran's nuke scientist on way homeBEIRUT, July 14: An Iranian nuclear scientist involved in a murky and clandestine tug-of-war between Tehran and Washington is on his way back to the Islamic Republic, a government spokesman said Wednesday morning. Shahram Amiri,...

Summit to establish 100km optical fiber cable

2010-07-15 00:00:00

FE ReportSummit Communications Limited (SCL), a Nationwide Tclecommunication Transmission Network (NTTN), Wednesday disclosed that it will establish a 100km underground optical fiber cable network in the capital for providing nationwide transmission service.Under the agreement, the SCL will lease the I...

New MD of ICB

2010-07-15 00:00:00

The government has appointed Mr. Md Fayekuzzaman the Managing Director of Investment Corporation of Bangladesh (ICB).Prior to this assignment he was Deputy managing Director of Agrani Bank Ltd. He started his career with C.I. Ltd. In 1977 and later joined...

Green Delta MF subscription begins Aug 10

2010-07-15 00:00:00

FE ReportThe IPO subscription of Green Delta Mutual Fund, worth Tk 1.5 billion, will start on August 10.LR (Logan Rockefeller) Global Bangladesh Asset Management Company, the fund manger, has received the consent letter from the Securities and Exchange Commission on...

UK Minister visits FCI (BD) Ltd

2010-07-15 00:00:00

FE ReportThe UK Minister of State for International Development, Alan Duncan MP, recently visited FCI (BD) Ltd, to see how British investment in manufacturing is contributing to global trade and helping economies of developing countries such as Bangladesh.FCI (BD) Ltd...

Ctg port to boost capacity, chairman tells Indian team

2010-07-15 00:00:00

Our CorrespondentCHITTAGONG, July 14: Chittagong port plans to boost its cargo handling capacity, seeking to rival major ports in the region, chairman of the port authority RU Ahmed said.He said the country's prime sea port is handling over 40 millions...

Ashuganj to have ro-ro ferry to handle ODCs for Tripura

2010-07-15 00:00:00

FE ReportOver-dimensional cargoes (ODCs) for Palatana power plant in Tripura are likely to be shipped through Ahsuganj port from December first week.ODCs do not have any particular shape and cannot be containersied for shipment, thus there is a need for...

Mannan elected vice chairman of EXIM Bank

2010-07-15 00:00:00

Md. Abdul Mannan MP, Director of EXIM Bank has been elected Vice Chairman of the Board of Directors of the Bank. He was elected in the 47th emergency Board Meeting Tuesday. He is the first elected Vice Chairman of the...

Onion prices shooting up ahead of Ramadan

2010-07-15 00:00:00

FE ReportOnion prices are shooting up in the local markets after a recent stability of price ahead of the soaring demand during the upcoming Ramadan, traders said.The price of per kilogram local onion in the markets jumped to Tk 30-32...

First Security Islami Bank opens its Islampur branch

2010-07-15 00:00:00

First Security Islami Bank Limited opened its Islampur branch in the Tuesday, according to a press release.Managing Director of the bank AAM Zakaria inaugurated the branch as the chief guest. Also present at the inaugural function were First Security Islami...

EU vows transparency in bank stress tests

2010-07-15 00:00:00

BRUSSELS, July 14 (AFP): EU finance ministers scrambled yesterday to ease market concerns over the health of European banks, vowing that results of tests on their ability to survive a new economic crisis would be transparent. European officials hope results...

Premier Bank donates Tk 0.1m for DU Senate assembly

2010-07-15 00:00:00

The Premier Bank Limited has donated Tk 0.1 million for Dhaka University Senate assembly as a part of the bank's Corporate Social Responsibility (CSR), according to a press release. Premier Bank Senior Executive Vice President and Head of Corporate Marketing...

China AgBank's set for massive stock debut

2010-07-15 00:00:00

SHANGHAI, July 14 (AFP): Agricultural Bank of China debuts on the Shanghai stock market Thursday, completing a great leap from peasant policy bank to capitalist darling in what is expected to be a world record IPO. In the coming days,...

Brazil to eliminate extreme poverty by 2016

2010-07-15 00:00:00

RIO DE JANEIRO, July 14 (Xinhua): Brazil will wipe out extreme poverty and cut the poverty rate to four per cent by 2016, said a study released yesterday by the country's Institute of Applied Economic Research (IPEA). According to the...

India's double-digit inflation inches higher

2010-07-15 00:00:00

NEW DELHI, July 14 (AFP): India's double-digit inflation edged higher in June, touching an annual rate of 10.55 per cent, official data showed today, stoking pressure for another interest rate hike this month. The inflation increase, which comes ahead of...

Biman passengers facing regular flight cancellation, delay

2010-07-15 00:00:00

Mashiur RahamanState-run Biman's passengers of almost every scheduled international flight are suffering from chronic flight cancellation and delay for over a week, passengers complained Wednesday.Following a controversial operation-cancellation of leased Boeing 747-200 aircraft last month, the national flag carrier is...

Seminar on 'higher education in UK' held at SUB

2010-07-15 00:00:00

A seminar on "Higher Education in UK" was held at the State University of Bangladesh (SUB) in the city recently, said a press release. London Trinity College Vice-Principal Victor Seedman presented outline plan of the history of higher education and...

Govt to take all measures to restore lost glory of jute: PM

2010-07-15 00:00:00

Prime Minister Sheikh Hasina Wednesday said her government would take all measures to restore the lost glory of jute at home and abroad as the prospect of the golden fibre emerged anew following the invention of genome sequence of jute,...

Azam Khan flies to Singapore for treatment

2010-07-15 00:00:00

Ailing Bangla pop guru and freedom fighter Azam Khan flew to Singapore Wednesday for better medical treatment, reports bdnews24.com.Azam's only son Hriday Khan is accompanying him. At about 1.30 pm they left Bangladesh in a Thai Airlines flight from Shahjalal...