From Fazle RashidNEW YORK, June 14: Afghanistan could soon be a story of from rags to riches. It will no longer have to rely entirely on poppy. Afghanistan is going to take its seats among the most affluent nations of...
FE ReportBangladesh Chamber of Industries (BCI) Monday urged the government to take effective steps immediately for shifting the industrial units from Old Dhaka to stop repeating of Nimtoli tragedy."Nobody wants to set up factories in houses, and we are all...
Our CorrespondentCHITTAGONG, June 14: The visiting US special adviser for Bureau of South and Central Asia affairs in Washington Ms Madelyn Spirnak said here today Bangladesh has become a potential destination of investors in the Southeast Asia region due to...
Our CorrespondentCHITTAGONG, June 14: Three government officials have been charged with the election code breaching while CDA chairman has been asked to appear before the election commission (EC) on June 20 for allegedly participating in the campaign for the ruling...
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...
MUMBAI, June 13 (PTI): In a week that saw the benchmark index Sensex regaining the 17,000-level, eight out of the top-10 firms lost over Rs 200 billion from their market capitalisation, with IT major Infosys emerging as the biggest loser....
DUBAI, June 13 (Bloomberg): Egypt shares helped lead Middle East markets higher after global stocks rallied as concerns about Europe's debt crisis eased and the US Federal Reserve said the economic recovery is intact. Orascom Telecom Holding SAE, the largest...
NEW DELHI, June 13 (PTI): Market regulator Securities and Exchange Board of India (Sebi) has asked mutual fund (MF) houses to submit reports, pertaining to compliance with a recent rule that dividends be paid only from realised gains and not...
NEW DELHI, June 13 (PTI): Media magnate Kalanithi Maran Saturday entered into an agreement to acquire over 37 per cent equity in low-cost carrier SpiceJet. Under the agreement, Maran's aviation company Kal Airways would acquire a total of over 37...
KARACHI, June 13 (Business Recorder): The Federal Board of Revenue (FBR) has said that the 0.3 per cent withholding tax on bank cheques, online transfers, pay orders, etc, will not be applicable to stock investors. Member Direct Tax, FBR Israr...
NEW DELHI, June 13 (Business Standard): Asian Hotels-West is awaiting the permission of the Securities and Exchange Board of India (Sebi) to start trading on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) after the demerger of...
NEW YORK, June 13 (Reuters): Stocks rose in a late rally Friday as a strong forecast from a chip maker lifted tech shares and helped alleviate concerns about the economy's health after an unexpected drop in retail sales.National Semiconductor Corp...
NEW YORK, June 13 (AFP): Oil prices retreated Friday after a plunge in US retail sales triggered fears about the pace of economic recovery in the world's largest energy consuming nation. New York's main futures contract, light sweet crude for...
CHICAGO, June 13 (Bloomberg): Wheat rose the most in five weeks after farmers in western Canada planted the fewest acres since 1971, reducing yield prospects for the world's biggest exporter of the grain behind the US. Spring-wheat acreage is expected...
NEW DELHI, June 13 (PTI): Snapping out of a three-day losing trend, gold prices recovered by Rs 95 to Rs 19,000 per ten gram in the Indian capital Saturday, on the back of hectic buying by stockists amid a firming...
CHICAGO, June 13 (Bloomberg): Soybeans rose the most in a week after a government report showed increased US sales of vegetable oil to China, the world's largest consumer. For the second straight day, US exporters reported selling 40,000 metric tonnes...
NEW YORK, June 13 (Bloomberg): Coffee prices jumped to the highest level since December in New York after a rally in London futures triggered buying from speculators betting on tightening supplies. Sugar also gained, whiles cocoa slipped. European coffee stockpiles...
Exchange Rate June 13, Sunday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction SundaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550084.6042101.33670.766060.796567.592859.4061Agrani Bank69.550084.7833101.68400.768560.774067.526659.2105FCBsStanChart69.6787.16101.080.7961.0666.3758.97HSBC 69.623085.2818102.49670.784060.979966.652357.9232Citibank naNANANANANANANABank of Ceylon69.660086.1580103.43360.787861.662468.020761.5376PCBsUttara Bank69.600084.4299101.91420.778060.820267.188958.5832AB Bank69.650085.3168102.84490.7825NANANABuying rates ...
Mehdi Musharraf BhuiyanRobi has planned to share infrastructure with fellow mobile phone operator Banglalink as part of its cost-cutting drive, but sees no reason to float shares, company chief executive Michael Kuehnar said. Kuehnar who has turned around once ailing...
Mr Aditya Narayan Singh Deo has joined the Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh as the head of Human Resources, said a press release. A post graduate in Human Resources from the prestigious XLRI School of Business...
Biogas use is rising in rural areas as villagers have started seeking substitutes for increasingly pricey kerosene, firewood, and straw, reports bdnews24.com.Simple biogas plants in the homestead are not only supplying fuel for cooking but also lighting up homes that...
FE ReportPrivate Airline operator, GMG Airlines, has introduced its state-of-the-art reservation host and departure control system to improve operational efficiency and to provide faster and reliable service to its customers and agents."The company is upgrading its reservation and departure control...
FE ReportBangladesh Frozen Foods Exporters Association (BFFEA) hailed the proposed budget for fiscal year 2010-11.Terming the budget 'pro-development, industry-friendly' and pro-people', BFFEA president Md. Musa Miyan praised Finance Minister AMA Muhith for allocating Tk 5.0 billion under the stimulus package...
FE Report The proposed budget for the fiscal 2010-11 is trade and industry-friendly, Bangladesh Jute Spinners Association (BJSA) said Saturday."We thank the finance minister for giving top priority to agriculture, energy and power sectors," a BJSA statement said.The BJSA termed...
Monira MunniSugar is likely to taste sour as its price has started to increase in the local market after the government proposed to impose additional duty on imported raw sugar, traders said.The price of this essential item in the daily...
A move by the Power Ministry to impose control over the newly created state-owned corporate entities in the power sector may foil the government's long-cherished reform goals, reports UNB.According to official sources, the Power Division in April this year created...
Mutual Trust Bank Limited (MTB) has recently signed a remittance agreement with Lulu International Exchange at a simple ceremony in the city recently, said a press release. Anis A Khan, managing director and CEO of MTB and Adeeb Ahamad, CEO...
Our CorrespondentBRAHMANBARIA, June 13: Production in Ashuganj Fertiliser and Chemical Company Limited (AFCCL) is gaining momentum reaching the production target and meeting the dealers' demand properly. AFCCL produced 3,82,878 tonnes of urea fertiliser against the target of 3,80,000 up to...
OSH, Kyrgyzstan, June 13 (AP): Kyrgyz mobs burned Uzbek villages and slaughtered their residents Sunday as ethnic rioting engulfed southern Kyrgyzstan. The government ordered troops to shoot rioters dead but even that measure failed to stop the spiraling violence.More than...
GAZA, June 13 (Xinhua): Arab League chief Amr Moussa Sunday called for an immediate lifting of Israel's blockade on the Palestinian coastal enclave."The siege must be broken and lifted," Moussa told reporters after arriving at the Palestinian side of the...
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