LONDON, June 17: The price of gold surged to an all-time high point above 1,258 dollars an ounce on Friday, on the back of the weaker US currency and downbeat US economic data, traders said. In afternoon trading on the...
Mahmudur RahmanChittagong has a new Mayor and in a strange way the election of M. Manzur Alam provides more opportunity than adversity for Prime Minister Sheikh Hasina as she strives towards her declared intent, made ahead of the last general...
WASHINGTON, June 18 (AFP): Top world economies must step up crucial financial reforms in order to "maintain the momentum" of global economic recovery, US President Barack Obama told G20 leaders in a letter released Friday."We worked exceptionally hard to restore...
Jubair Hasan Panic has gripped the country's 4,500 plus garment manufacturers after workers threatened to launch a nationwide non-stop protest for wage hikes later this month.All left leaning trade unions have joined forces and labour groups of top political parties...
FE ReportSpeakers at a roundtable Friday termed the budget proposal for 2010-2011 as highly ambitious, saying the government might fail to achieve 6.7 per cent GDP growth due to the absence of investment atmosphere.They said the government would have to...
FE ReportDhaka Stock Exchange (DSE) maintained upward trend for the fifth straight week that ended Thursday, amid descending turnover.During the week, the benchmark DSE General Index (DGEN) gained 40.04 points or 0.64 per cent to close at 6,299.74.The broader All...
A special bench in the High Court will be formed to quickly resolve cases on risky buildings in Dhaka, the Law Minister Shafiq Ahmed has said, reports bdnews24.com. City development authority Rajdhani Unnayan Kartipakkha (Rajuk) can take the required steps...
Sonia H MoniBangladesh Small and Cottage Industries Corporation (BSCIC) will set up an automobile estate at Amin Bazar in the capital, BSCIC chief said.BSCIC Chairman Siddiqur Rahman told the FE: "We are going to establish the automobile estate with modern...
A very simplistic explanation is being put forward that last Tuesday's landslides at Bandarban and Cox's Bazar were caused entirely by natural factors like torrential rains, leading to a softening and loosening of the soil. But such an easy explanation...
Enayet Rasul BhuiyanRESPONDING to expert suggestions as well as from its own realisation, the government has allocated some 66 per cent more for the power sector in the proposed national budget for the coming fiscal year compared to the allocation...
O. H. KabirAfter independence, the first national budget for the fiscal year (FY), 1972-1973, presented by then Finance Minister Tajuddin Ahmed amounted to Taka 7.86 billion (786 crore) only. Today in FY 2010-2011 our national budget stands at Tk. 1.32...
It appears that the football craze is blinding a section of people to the need of thinking about their own country or the consequences of their unruly acts. This is most unfortunate. If these people would not understand, then it...
Dhaka, the city of over 13 million people turn into a flooded one in almost all of its parts even after a short period of heavy rains. It acquires the appearance of a city flood as water fails to drain...
Masih Malik ChowdhuryCAPITAL gain on profit of share sale under the new fiscal proposals for the forthcoming financial year (FY) is to be fixed at 10% for institutions. And it is proposed 5.0% for shareholders and directors of the listed...
Maswood Alam KhanIN an interview with Politico last Monday US President said the way 9/11 profoundly shaped the Americans' view of their vulnerabilities and their foreign policy the recent disaster of oil spill in the Gulf of Mexico is also...
BTVam07:00 Announcement, Recitation From The Holy Quran, Programme Outline And The Holy Tripitak Paath07:20 Desher Gaan07:45 Muktijudher Pratidin08:00 Sakaler Sangbad08:10 Aso Gaan Shikhi08:35 Patrikar Sangbad Shironam09:10 Children Drama - Tom & Jerry09:35 Children Drama - Sisimpur10:00 The News10:05 Tifeener Adday10:35...
TOKYO, June 17 (Reuters): Japan's Nikkei average fell 0.7 per cent Thursday after five days of gains, coming off one-month highs, though support was expected to hold at the level of the benchmark's 25-day moving average.The Nikkei was stuck near...
SINGAPORE, June 17 (Bloomberg): Emerging-market stocks advanced for an eighth day, the longest stretch of gains in two months, on speculation the global economy will withstand China's tightening measures and Europe's sovereign-debt crisis. The MSCI Emerging Markets Index rose 0.2...
MUMBAI, June 17 (Economic Times): Benchmarks were near day's highs following upmove in European peers. Capital goods and oil&gas sectors led the gainers pack while banks and IT stocks were marginally lower. At 2:15 pm, Bombay Stock Exchange's Sensex was...
MADRID, June 17 (AP): Spain has raised nearly $4.3 billion in an oversubscribed auction of 10- and 30-year Treasury bonds, although at sharply higher interest rates.The Treasury sold euro3 billion in 10-year bonds Thursday at an average interest rate 4.86...
KARACHI, June 17 (Business Recorder): Healthy activities were witnessed at the local bourse Wednesday on the investors' expectations over positive outcome of the meeting on the issue of Capital Gains Tax that the government's steps to reduce circular debt. "After...
Our CorrespondentGOPALGANJ, June 17: A training workshop on "Anti-money laundering" organised by Agrani Bank Limited was held at Polli Biddut Samity office auditorium in Gopalganj town recently.Md Samsul Hossain, director of Agrani Bank Training Institute, Dhaka was present as the...
NEW DELHI, June 17 (Commodity Online): In a new dimension towards Indo-Chinese cooperation, the two neighbours are said to be extending support in the field of food grain storage with technical experts and engineers from India's leading agriculture warehousing and...
A very strong demand prevailed throughout the sale with Blenders strongly competing for all varieties. As a result, prices moved up sharply. Loose tea buyers lent useful support but were often out-priced. There was no export enquiry.CTL LEAF: 16,677 packages...
Dragonair recently unveiled a special livery on one of its aircraft as part of the airline's celebrations to mark 25 years of serving Hong Kong, said a press release. Financial Secretary of the Hong Kong Special Administrative Region Government John...
SINGAPORE, June 17 (Commodity online): Gold prices consolidated positions in Asian trade Thursday on market uncertainty as equity markets and euro movements failed to give any directions for investors.Gold for immediate delivery was seen trading at $ 1231.84 an ounce...
SINGAPORE, June 17 (Commodity Online): World oil prices eased in Asian trade Thursday but remained above $77 a barrel.Light sweet crude for July delivery was seen trading at $ 77.27 a barrel at 11.30 am Singapore time while Brent crude...
KIEV, June 17 (Commodity Online): Ukraine is planning heavy investments towards coal mining sector as the country's ministry of coal industry is reported to be considering mammoth investments of UAH 47.3 billion by 2015.The Ukraine Ministry of Coal Industry is...
KABUL, Jun 17 (AP): Afghanistan's untapped mineral wealth is worth at least $3 trillion - triple a US estimate, according to the government's top mining official, who is going to Britain next week to attract investors to mine one of...
BEIJING, Jun 17 (AFP): China on Thursday defended its nuclear cooperation with Pakistan as peaceful after the United States announced it had sought clarification from Beijing on the sale of two reactors to Islamabad. "China and Pakistan have maintained cooperation...
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