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ICCB team at World Business Summit

2010-06-29 00:00:00

A five-member delegation headed by ICC Bangladesh President Mahbubur Rahman left Dhaka for Hong Kong Monday to attend the World Business Summit 2010 scheduled to be held June 30. The theme of the event is "New Global Economic Realities: Asia-Pacific...

Aramit Cement approves 12pc cash dividend

2010-06-29 00:00:00

Aramit Cement Limited, a leading cement company of the country, has approved 12 per cent cash dividend for its shareholders for the year 2009, said a press release.The approval was given at the 14th annual general meeting (AGM) of the...

Abuse of narcotic drugs

2010-06-28 00:00:00

The international day to mark the abuse of drugs and human trafficking was observed in Bangladesh the other day. On this occasion, different sides to rapid increase of drug abuse in the country were highlighted by speakers in a number...

Filling the statistical gap

2010-06-28 00:00:00

Shamsul Huq ZahidTHE Bangladesh Bureau of Statistics (BBS), the national statistical organization, and the Finance Division (FD) have made two different estimates for GDP growth in the outgoing fiscal (2009-10). The gap in two estimates is 0.5 per cent that,...

Ensuring the security of garments industries

2010-06-28 00:00:00

Ahmed AliA large number of garments industries were, again, vandalised at Ashulia-Savar recently. These industries suffered attacks on their premises, equipment and finished goods in varying degrees. The claimed workers' discontent linked to the violence, has apparently subsided. But the...

Hartal : Politicians should find out what people think of it

2010-06-28 00:00:00

After a long pause for some years, a major political party has called hartal signifying that there has been no change in the political culture. It was fancied in some quarters only months ago that Bangladesh made a transition from...

Flying foreign flags: Is it not treason?

2010-06-28 00:00:00

Dhaka is now a city of foreign flags. Flags of different contesting countries are seen fluttering atop buildings, from cornices, in cars and even motorbikes showing who supports which country in the grand football tournament. But are all other countries...

Concern about quality of politics

2010-06-28 00:00:00

When the live telecast of parliamentary proceedings began, every one hoped that our representatives would behave better and discharge their duties more responsibly as the people had an opportunity to see them in action. But our MPs hardly seem to...

Global recession and Bangladesh's economic performance

2010-06-28 00:00:00

M. A. TaslimUnlike many other countries, the global recession of 2008-09 was not an unmixed curse for Bangladesh. The principal adverse effect of the recession was a reduction in export revenue in 2009 on the back of a very high...

Congress moves closer to remaking US financial system

2010-06-28 00:00:00

Andrzej ZwanieckiFar-reaching financial system reform is taking shape in the United States as a newly passed Senate bill is being reconciled with an earlier House of Representatives measure.The bills - passed by the Senate May 20 and the House in...

HIGHLIGHTS

2010-06-28 00:00:00

Indian Idol-5On SONY SET Monday at 9-30 pmThe latest addition to the Idol phenomenon. Indian Idol, like Pop, Canadian, and American Idol, brings the entire country together to compete to become the next singing sensation.Tere LiyeOn STAR PLUS Monday at...

John, Bipasha refuse to endorse a herbal aphrodisiac

2010-06-28 00:00:00

Bollywood bombshell, Bipasha Basu, and her beau John Abraham have been seen endorsing various products. The couple also appeared together for the Clinic All Clear commercial. The presence of this hot pair increases the brand visibility of any product.Recently, the...

Sonu Nigam to dedicate a music video to Jackson

2010-06-28 00:00:00

Bollywood's renowned playback singer Sonu Nigam is going to pay a tribute to his idol Michael Jackson. He is working with the late star's brother Jermaine Jackson on a tribute song.Sonu is known to be a big fan of the...

'Toy Story 3' set to crush Cruise and Sandler movies

2010-06-28 00:00:00

LOS ANGELES, June 27 (Reuters): Tom Cruise and Adam Sandler will go head-to-head at the weekend box office in North America, but neither will be a match for the animated heroes of reigning champ "Toy Story 3."Cruise's action comedy "Knight...

Monday

2010-06-28 00:00:00

BTVam07:00 Announcement, The Holy Quran, The Holy Tripitak Paath and Programme Outline 07:20 Geet Bitaan07:45 Aamrao Pari08:00 Sakaler Sangbad08:15 Maati-O-Manush08:35 Mukto Aalap08:55 Sangbad Shironam09:00 Docu- Fire Dekha09:10 Docu09:35 Sabar Jonno Shikkha10:00 News10:05 Muktijuddha Pratidin10:30 Protikar11:05 Banglar Lok Gaan11:30 Ranagoner Dinguli12:00...

China stocks see best week this month, HK down

2010-06-28 00:00:00

SHANGHAI/HONG KONG, June 27 (Reuters): China's key stock index rounded off its best week for the month Friday despite falling for the day, with shares clinging on to gains made earlier in the week when China relaxed its grip over...

Five of top-10 firms add over Rs 236b in m-cap, ONGC winner

2010-06-28 00:00:00

MUMBAI, June 27 (PTI): In a volatile trade past week, where the Sensex maintained the 17,500-level, five out of top-10 most coveted firms added a sum of Rs 236 billion to their market capitalisation with ONGC emerging as the top...

LSE, Seaspan seek Shanghai stock listing on investor demand

2010-06-28 00:00:00

LONDON, June 27 (Bloomberg): London Stock Exchange Group Plc and Seaspan Corp, a Hong Kong shipper, may seek to list in Shanghai, joining a growing number of foreign companies seeking to take advantage of domestic demand and a stronger yuan....

Foreigners invest $21.569m in equity market

2010-06-28 00:00:00

KARACHI, June 27 (Business Recorder): A healthy inflow of $21.569 million of foreign investors' portfolio investment (FIPI) was witnessed at the local equity market during the week ended on June 25, 2010. "The offshore investors' interest was seen on the...

Japan's bonds gain a third week on stock losses

2010-06-28 00:00:00

TOKYO, June 26 (Bloomberg): Japan's bonds rose for a third week as Asian stocks declined and the government pledged to balance its books within a decade, boosting demand for the nation's debt. Benchmark 10-year yields dropped to the lowest level...

Mid-cap, small-cap cos outperform Sensex firms

2010-06-28 00:00:00

MUMBAI, June 27 (PTI): The Bombay Stock Exchange's (BSE) mid-cap and small-cap companies have beaten the blue-chip firms in the current fiscal so far by growing as much as six per cent compared to the broader market Sensex.As per a...

KSE index rebounds sharply FY10

2010-06-28 00:00:00

KARACHI, June 27 (Business Recorder): After difficult two years, the KSE-100 Index rebounded sharply in FY10, posting a return of 37 per cent, marking its finest performance since FY07, analysts said. The market recovery was broad-based and automobile & parts...

Gold hits record high in Pakistan

2010-06-28 00:00:00

KARACHI, June 27 (Commodity News Center): Gold hit an all-time high of Rs 39,900 a tola (11.664 grams) Saturday amid uncertainty in the global financial market and depreciation of leading currencies including euro and dollar, dealers said.Gold prices rose by...

Oil prices surge as storm may threaten Gulf of Mexico

2010-06-28 00:00:00

NEW YORK, June 27 (AFP): Oil prices leaped Friday as the market fretted about global supply as rough weather in the Caribbean Sea threatened to develop into a hurricane in the oil-producing Gulf of Mexico. New York's main contract, light...

Cocoa importers, exporters reach new agreement

2010-06-28 00:00:00

GENEVA, June 27 (AFP): Cocoa importing and exporting countries Friday struck a new international cocoa agreement aimed at improving transparency of markets and encouraging equitable prices, a UN agency said. The seventh international cocoa agreement is meant to come into...

Rice falls to 34-month low as US output gains, demand slows

2010-06-28 00:00:00

CHICAGO, June 27 (Bloomberg): Rice futures fell to the lowest price in 34 months on signs that global output is rising faster than demand.The Philippines, the biggest importer, has enough reserves to meet demand until the end of the year,...

Sugar climbs to nine-week high

2010-06-28 00:00:00

NEW YORK, June 27 (Bloomberg): Sugar futures jumped to a nine-week high in New York on speculation that demand will remain buoyant. Cocoa declined for the first time in a week, while coffee gained.Food companies and refiners are trying to...

Wheat falls most in three weeks as US farmers resume harvest

2010-06-28 00:00:00

CHICAGO, June 27 (Bloomberg): Wheat fell the most in three weeks as US farmers resumed their harvest after rain delays in Kansas and Oklahoma, the biggest growers of winter varieties.As of June 20, 17 per cent of the winter-wheat crop...

FBCCI Foundation arranges product handover ceremony

2010-06-28 00:00:00

AM Mahmudul HoqueA product handover ceremony under 'one business one family' project of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Foundation was held at a city hotel Saturday.Finance Minister AMA Muhith, Commerce Minister Lt Col (rtd) M...

Palladium may be in short supply in 2010

2010-06-28 00:00:00

MOSCOW, June 27 (Commodity Online): Increased demand from investors and steady depletion of Russian state stockpiles are likely to bring the palladium market into balance in 2010.According to UK investment bank Barclays, despite an expected increase in supply, strong growth...