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Banks to remain off Thursday

2010-06-29 00:00:00

Transactions in Bangladesh Bank (BB) and all other scheduled banks operating in the country will remain off Thursday (July 1) on the occasion of Bank Holiday. — FE Report

DB recovers 21 cars

2010-06-29 00:00:00

Detective police (DB) Monday arrested four alleged car thieves from Dhaka and Keraniganj hours before recovering 21 stolen CNG-run taxis. A police team arrested Shahid alias Kana Shahid from the city's Airport area Sunday, who was leading the gang. Following...

Power, gas supply situation improves slightly

2010-06-29 00:00:00

FE ReportThe country's overall power and gas supply situation improved slightly this week after free distribution of compact fluorescent lamps (CFLs) in and around the capital and resumption of gas production from Bangora gas field, said officials.Frequency of power outages...

Mirza Aziz emphasises skill dev to execute PPP projects

2010-06-29 00:00:00

FE ReportFormer adviser AB Mirza Md Azizul Islam Monday emphasised on skill development to successfully implement projects under Public Private Partnership (PPP).He was addressing a seminar titled "Private-Public Partnership in Infrastructure Development: Way Forward to Implementation", organised by Institute of...

G20 leaders agree to halve budget deficits by 2013

2010-06-29 00:00:00

From Fazle RashidNEW YORK, June 28: The leaders of the world's 20 wealthiest nations at their summit level meeting in Canada conceded that the budget deficits represented the biggest threats to their economic stability. They have decided to reduce the...

Bangladesh-Nepal trade talks in Dhaka next month

2010-06-29 00:00:00

FE ReportThe commerce secretaries of Bangladesh and Nepal will hold a two-day meeting in Dhaka, starting from July 14 next, to facilitate trade and connectivity between the two countries, trade officials said.The meeting was earlier scheduled for March 30 last....

More needed for a pro-people health service

2010-06-29 00:00:00

Pro-people health activists have reason to be disappointed with the 2010-11 proposed budget for the health sector ---- only six per cent, which is 0.6 per cent less than the previous year's allocation. Their demand, that a national health policy...

Financial assistance for public sector jute mills

2010-06-29 00:00:00

Syed JamaluddinJute Commission report has been delayed. It is not known when the report would be submitted. It is reported that the Commission could not start functioning for want of funding in time. Finance Division has finally sanctioned Taka 1.0...

Development budget 2010-11

2010-06-29 00:00:00

Md. Ashraf HossainPreparation of a budget and its effective implementation is vital for a country. A utopian budget does not help the nation. Nor does a pragmatic budget when it is implemented inefficiently. A few renowned economists assessed the development...

Why women scientists opt out

2010-06-29 00:00:00

There are many women scientists in the world who are responsible for making discoveries and advances in a wide variety of areas -- biology, medicine, chemistry, astronomy, mathematics, and research. From the dawn of civilization women and men worked together...

Wari residential area needs new sewerage line

2010-06-29 00:00:00

The sewerage line of Wari residential area is more than half a century old. It has collapsed and become inoperative in many places. Dirty and stinking water and human excreta overflow the manholes and float on roads, streets, lanes and...

Proposed national budget from tax-payers' perspectives

2010-06-29 00:00:00

Akhter Zamil The critics, economists and professionals have termed the proposed national budget for fiscal year (FY) 2010-11 as being highly ambitious, and voluminous in comparison to that of the past year, expressing their anxiety over its implementation. They have...

CSR practice in Bangladesh: Harmony between business and society

2010-06-29 00:00:00

Tithe FarhanaCorporate Social Responsibility or CSR is a familiar terminology in recent times and its practices are being integrated into international business arena and hence are becoming one of the determining factors for market access. According to United Nations Industrial...

HIGHLIGHTS

2010-06-29 00:00:00

Bidaai On STAR PLUS Tuesday at 9-30 pm. Bidaai is a story of two sisters, Sadhna (beautiful) and Ragini (unattractive). Sadhna is the adopted child in the family. Life is pleasant for Sadhna as she is beautiful but society is...

I really miss Pancham: Lata Mangeshkar

2010-06-29 00:00:00

NEW DELHI, June 28: Bollywood nightingale Lata Mangeshkar remembers music maestro RD Burman, also known as Pancham, on his 71st birth anniversary Sunday and says he was "a matchless composer"."It's pancham's birth anniversary Sunday... i really miss you (Pancham) and...

Emotional end for `As the World Turns' on Emmys

2010-06-29 00:00:00

It was an emotional day for the cast and crew of CBS' "As the World Turns" when it wrapped up production last week after 53 years on the air. The Daytime Emmy Awards may have eased some of that pain...

Manisha to play politician in first post-marriage film

2010-06-29 00:00:00

MUMBAI: Bollywood actress Manisha Koirala, who recently tied the knot with a Nepali businessman, has signed her first film after marriage in which she will play the role of a politician."I am glad that I was offered this role. I...

Tuesday

2010-06-29 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Malya07:45 Sufi Sadhoker Bangladesh08:00 Sakaler Sangbad08:15 Maati-O-Manush08:35 Samprotik08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Joydhoni09:35 Sastho Katha10:00 News10:05 Muktijuddha Pratidin10:30 Jibon Khuje Pai11:05 Nirbachito Anushthan11:30 Thikana12:00 Sangbad...

Nikkei extends fall as charts darken, Toyota down

2010-06-29 00:00:00

TOKYO, June 28 (Reuters): Japan's Nikkei average edged down to its lowest close in more than two weeks Monday as its technical picture darkened, with market players saying the benchmark could test six-month lows hit this month.Amid thin trade with...

Asian stock markets post muted gains

2010-06-29 00:00:00

BANGKOK, June 28 (AP): Asian stock markets have mostly posted muted gains as investors search for fresh cues after a flat session on Wall Street and a pledge by world leaders to reduce budget deficits.Hong Kong's Hang Seng index climbed...

World shares, dollar edge up, G20 has little impact

2010-06-29 00:00:00

LONDON, June 28 (Reuters): World shares firmed slightly after a four-day retreat Monday with investors still cautious about global economic recovery and shrugging off the rather neutral conclusion to a weekend Group of Twenty (G20) leaders' summit. The G20 leaders...

Sensex on firm foot, RCom, ONGC, RIL, RInfra up

2010-06-29 00:00:00

MUMBAI, June 28 (Economic Times): Indices were near day's highs as investors continued to add index heavy-weights from oil&gas space. Positive opening of the European markets also boosted sentiments. At 2:20 pm, Bombay Stock Exchange's Sensex was at 17740.55, up...

Equities, dollar edge up as G20 has little impact

2010-06-29 00:00:00

LONDON, June 28 (Reuters): World shares firmed slightly after a four-day retreat Monday with investors still cautious about global economic recovery and shrugging off the rather neutral conclusion to a weekend Group of Twenty (G20) leaders' summit.The G20 leaders meeting...

Prada seeks 4.0b euro valuation for IPO

2010-06-29 00:00:00

MILAN, June 28 (Agencies): Fashion group Prada, which has been mulling a stock exchange listing for years, is seeking a valuation of more than four billion euros (five billion dollars), an Italian daily reported Monday. Current valuations for the company...

BP loses $22b in legacy of share buybacks

2010-06-29 00:00:00

LONDON/NEW YORK, June 28 (Bloomberg): Add $22 billion and counting to the loss for BP Plc from the Gulf of Mexico disaster. The sum represents the hole after the 52 per cent plunge in BP shares since the Deepwater Horizon...

KSE index gains 151.14 points

2010-06-29 00:00:00

KARACHI, June 28 (Business Recorder): The KSE-100 index gained 151.14 points to close at the level of 9,796.85 points during the week ended on June 26, 2010. The market was driven by foreign investors, and participation of locals remained very...

MTN in talks to buy stake in India's Loop

2010-06-29 00:00:00

MUMBAI, June 28 (Reuters): South Africa's MTN is in talks with Loop Telecom to buy a stake in the Indian mobile operator to gain an entry into the world's fastest growing wireless market, the Business Standard reported Monday.Citing people close...

China stocks slip 0.7pc, volume at 18-month low

2010-06-29 00:00:00

SHANGHAI, June 28 (Reuters): China's key stock index ended 0.7 per cent lower Monday while volume shrank to an 18-month low, as tight liquidity conditions brought about by Agricultural Bank of China's looming stock offering starved the market of momentum...

Oil rises as storm threatens US Gulf coast

2010-06-29 00:00:00

SINGAPORE, June 28 (AFP): Oil prices rose in Asian trade Monday as a major tropical storm churned towards the oil-producing Gulf of Mexico region, analysts said. New York's main contract, light sweet crude for August delivery climbed 36 cents to...

Rubber climbs to one-month high on China restocking optimism

2010-06-29 00:00:00

TOKYO, June 28 (Bloomberg): Rubber advanced to a one-month high after data showed stockpiles in China declined to the lowest level in seven years, sparking optimism the biggest buyer may soon replenish inventories.Futures in Tokyo climbed to 288.6 yen per...