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SEC lowers P/E loan ceiling for investors

2010-06-16 00:00:00

FE ReportThe Securities and Exchange Commission (SEC) has lowered the price-earning ratio margin again to be eligible for taking out loans by investors in an effort to cool down the sizzling market.In a directive issued Tuesday, the securities regulator ordered...

53 killed in landslides in Cox's Bazar, Bandarban

2010-06-16 00:00:00

FE ReportLandslides triggered by heavy rain killed at least 53 people in Cox's Bazar and Bandarbans districts as rescue operations continued, police said Tuesday. Among the dead were five army personnel stationed in a makeshift camp at Himchhari near the...

Of food, gifts and family fiefdoms

2010-06-16 00:00:00

Shamsul Huq Zahid Stakeholders and others concerned were quite curious about the first annual general meeting (AGM) of the country's largest listed company, in terms of shares, the Grameenphone (GP). Making all the arrangements for nearly 110,000 shareholders was hell...

Drogba-inspired Ivory Coast draw with Portugal

2010-06-16 00:00:00

PORT ELIZABETH, South Africa, June 15, 2010 (AFP) - Ivory Coast and Portugal entered the World Cup fray here on Tuesday and produced a goalless draw marked by Didier Drogba's return to action just ten days after surgery on his...

Stocks rise slightly

2010-06-16 00:00:00

FE Report Dhaka stocks closed marginally higher amid choppy trading Tuesday, taking the benchmark index to second best high.The market flipped between gains and losses throughout the session as it opened with strong note in the morning and nosedived at...

Govt to assess gas production potential

2010-06-16 00:00:00

M Azizur RahmanThe government has decided to review the country's overall gas production potentials and future reserves to adopt an action plan for ramping up gas supplies across the country, top officials said Tuesday.Energy ministry has already convened a meeting...

Increased tax, VAT will let down RMG exporters: BGMEA

2010-06-16 00:00:00

FE ReportApparel manufacturers Tuesday demanded withdrawal of four times more tax at source and 15 per cent VAT on space rent for the exporters that are proposed in the budget for the 2010-2011 fiscal year.Leaders of Bangladesh Garment Manufacturers and...

Garment workers, police clash at Tejgaon: 25 hurt

2010-06-16 00:00:00

FE ReportHundreds of garment workers Tuesday clashed with the law enforcers demanding reopening of an apparel unit at Tejgaon industrial area in the city that left 25 people, including 10 policemen, injured.Witnesses said the violence started in the industrial area...

SC freezes Amar Desh publication

2010-06-16 00:00:00

The Supreme Court (SC) has stayed for four weeks a High Court order that had allowed the temporary publication of the Bengali-language newspaper Amar Desh. The Appellate Division's vacation chamber judge justice SK Sinha gave the order on Tuesday following...

BB, banks in CCC to remain closed tomorrow

2010-06-16 00:00:00

Bangladesh Bank (BB) and all scheduled banks in Chittagong City Corporation (CCC) areas except those under Cantonment Board will remain closed tomorrow (Thursday) on the occasion of the CCC elections. — UNB

Home-made laptop to enter market within 6 months

2010-06-16 00:00:00

Laptops produced by Telephone Shilpa Sangstha (TSS) will be available in the market within the next six months at a price of Tk 10-11,000, according to Post and Telecommunication Minister Rajiuddin Ahmed Raju. The minister revealed this while addressing the...

The price of an appointment

2010-06-16 00:00:00

Mahmudur RahmanWarren Buffet, the US billionaire financier enjoys steak. There are times he likes to share this enjoyment with others. Then again, there is one occasion every year that he will lunch at the Smith and Wollensky steakhouse in New...

Neemtoli fire 'caused by excessive oven heat'

2010-06-16 00:00:00

FE Report The devastating Neemtoli fire that killed at least 119 people on June 3 was caused by excessive heat released by oven used by a wedding party, a government enquiry committee has found. The five-member probe committee, led by...

US interest rate unlikely to be raised before ‘12

2010-06-16 00:00:00

From Fazle RashidNEW YORK, June 15: The US interest rate which was lowered to almost zero in December of 2008 is not likely to be raised anytime before 2012, the US Federal Reserve study said. High unemployment and low inflation...

Proposed tax on shrimp exporters to ruin industry

2010-06-16 00:00:00

FE Report The country's shrimp exporters Tuesday demanded withdrawal of proposed 1.0 per cent income tax (IT) imposed at source, saying the "anti-export and unrealistic" fiscal measure would destroy the industry."If the government implements the proposed, it will ruin the...

Paint industry may face setback due to duty imposition

2010-06-16 00:00:00

FE Report The country's Tk 10-billion worth paint industry may face setback following the imposition of supplementary duty on the product, paint manufacturers told the FE Tuesday. They said Bangladesh's market, growing on an average 10 per cent a year,...

BCI lauds budget but is critical of growth target

2010-06-16 00:00:00

FE ReportBangladesh Chamber of Industries (BCI) Tuesday lauded the budget as industry-friendly but said without major policy and governance shake-up achieving a record 6.7 per cent economic growth and implementation of development budget would be difficult.In a budget reaction, the...

Mental health needs attending

2010-06-15 00:00:00

The recent drowning of three children in Barisal by a distraught mother, Renu Begum --- who herself wished to commit suicide in the same way but was rescued by neighbours ---- once again brings to light the tragic indifference and...

Growth without investment

2010-06-15 00:00:00

Syed JamaluddinTHE national budget, placed in parliament on June 10, did not touch on the falling trend of investment in Bangladesh. The Finance Minister simply said that the government would emphasise reducing the cost of doing business by ensuring administrative...

Keeping the roads usable

2010-06-15 00:00:00

Badrul Kamal There exists presently no coordination mechanism between different utility agencies as these bodies resort to frequent digging of roads. For instance, the Telephone and Telegraph Board (TNT) may dig up an important road for laying underground cables for...

Better Late Than Never

2010-06-15 00:00:00

Almost all dailies on 10th. June reported on the punitive action taken by Rajuk mobile team, to dismantle illegal structures. At least the task has begun; and as usual, it was too little too late; and at the cost of...

England's strength and the luck of US

2010-06-15 00:00:00

England's strength and the luck of US made a 1-1 tie on Saturday's World Cup. England scored early, within first five minutes, by its midfielder Steven Gerrard against the U.S. It was unbelievable that English goalkeeper Robert Green would fail...

Learning lessons from Nimtali tragedy

2010-06-15 00:00:00

Apropos of the cause of the hellish inferno at Nimtali of old Dhaka and the tragic burning alive of 117 innocent men, women and children I would like to recall a devastating fire that broke out at a petrol/kerosine godown...

Prescription for power

2010-06-15 00:00:00

Manzur AhmedPower crisis? With large populations and high household demands and industrial development needs, Bangladesh is now in the midst of a serious power crisis. Power generation has failed to keep pace with demand, and, in the last two years,...

Another Red Revolution in Nepal

2010-06-15 00:00:00

Sudeshna SarkarLily Thapa has been on an unusual campaign since the 1990s, trying to bring about a silent social revolution within Nepal's orthodox society -- by empowering young widows.When Thapa heard the news that her husband, an army doctor in...

HIGHLIGHTS

2010-06-15 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...

Aishwarya breaks rule, pays Abhishek a surprise visit

2010-06-15 00:00:00

MUMBAI, June 13 (Internet): The Bachchans normally do not mix business with pleasure. But when Aishwarya Rai landed in Mumbai from Paris, she broke the golden rule when she dropped in unannounced to meet her actor husband Abhishek Bachchan at...

Tuesday

2010-06-15 00:00:00

ATN BANGLAAm07:00 Sangbad 07:30 Positive Bangladesh08:00 Sangbad08:15 Ajker Shongbadpotro08:30 Drama Serial- SHOPNE PRAPTO09:00 News Bulletins09:45 Kande Amar Ma10:00 Sangbad10:30 Talk show - Hello Bangladesh11:00 Sangbad 11:05 Asian City Vision 202011:30 Notun Chobir Gan12:00 Sangbad Bulletins12:15 Motamot01:00 Sangbad Bulletins01:25 Coloccitrer Golpo02:00...

Asian stocks at one-month high, euro bounces

2010-06-15 00:00:00

SINGAPORE, June 14 (Agencies): Asian stocks rose to a one-month high Monday, led by a rally in the technology sector, while the euro rebounded in thin trade, squeezed higher by dealers closing out of bets against the currency. Global equities...

Rapport holds training course

2010-06-15 00:00:00

Rapport Bangladesh Limited organised a day-long training course on "Developing Job Description" at a city hotel recently, said a press release. The programme was participated by senior and mid-level managers and executives of Partex Holdings, Ayurvedia Pharmacy (Dacca) Ltd, Hazi...