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Muhith unveils national budget for FY '11 today

2010-06-10 00:00:00

FE ReportFinance Minister AMA Muhith presents the national budget for 2011 fiscal at the Jatiya Sangsad (parliament) today (Thursday), facing the challenge of turning around a slowing economy while fostering investments in infrastructure, energy and power. The finance minister needs...

Looming threat of congestion surcharge and the aftermath

2010-06-10 00:00:00

Shahiduzzaman KhanChittagong Port is bracing for a fresh unheaval. The feeder vessel operators have, once again, stated that they are considering to impose congestion surcharge as the turnaround time of the ships at the port has gone 'abnormally high.' On...

Country reels under gas, electricity crisis

2010-06-10 00:00:00

FE ReportThe country is reeling under gas and power crisis again as generation has aggravating public sufferings, reached the lowest level since the onset of the current summer with mounting woes of sluggish business activities and fall in industrial output.Frequent...

Management of fiscal deficit

2010-06-09 00:00:00

The present government will announce tomorrow (Thursday) its second national budget, for the next fiscal year (FY), 2010-2011. Following the announcement of the budget for the next fiscal, there will be laudatory words in the superlatives in support of the...

Neglect of science causes disasters

2010-06-09 00:00:00

Lutfor RahmanThe June 3 Nimtali fire disaster has caused death of 118 people and injury to more than 200. The disaster is mainly due to the neglect of scientific rules and regulations. There was a huge stock of chemicals in...

Governance does not end with rhetoric

2010-06-09 00:00:00

Gopal Sengupta We have, indeed, come a long way. What we need to remember and acknowledge is that the real heroes behind our progress are the masses. Their collective contribution is, I am sure, more than that of the policymakers.It...

Banking Hours

2010-06-09 00:00:00

I strongly urge the government to resume the previous banking hours commencing from 9.00am.Regards,Dr M A ObaydullahDhaka 1229E-mail : obaydullah@gmail.com

Appeal to Bangladesh Bank

2010-06-09 00:00:00

The rate of interest on the loan that we took from the Bangladesh Bank refinance scheme before May 2008 was 10 per cent. But from May 2008 the bank reduced the interest rate to 9 per cent and those who...

Implications of raising retirement age

2010-06-09 00:00:00

The President through an ordinance raised the retirement age of workers engaged in public sector industries from 57 years to 60 years. This was reported in the media.People in the country are living longer and remaining also fitter in many...

The national budget for 2010-11: Can the FM deliver?

2010-06-09 00:00:00

Kingshuk NagFinance Minister Mr AMA Muhith will present the Budget for fiscal 2010-11 on June 10. For the 59 per cent of Bangladesh's population who can't read and write, this Budget wouldn't offer much value to them, for the rest...

Terrorist attacks on Lahore mosques

2010-06-09 00:00:00

Mansoor AhmadPakistan is such a country where things are moving from bad to worse. Terrors have engulfed the entire nation. At present it is suffering from social, political and economic conflicts. The ordinary Pakistanis, the middle and the lower class...

Wednesday

2010-06-09 00:00:00

ATN BANGLAam07:00 Sangbad07:30 Positive Bangladesh 08:00 Sangbad08:30 Drama serial- Kothay Pabo Tare09:00 News Bulletins09:10 Drama - Lilabati10:00 Sangbad10:30 Hello Banglades11:15 Asian City Vision 202012:00 Sangbad Bulletins12:15 It Zone01:00 Sangbad Bulletins01:25 Band Vew02:00 Sangbad02:30 Drama serial -Baba03:00 Sangbad Bulletins03:15 Dance based...

WB to give partial risk guarantee for proposed Bibiana power plant

2010-06-09 00:00:00

A Z M AnasThe World Bank (WB) has agreed to cover up to US$150 million of the total loans to be borrowed from the commercial market for the planned 450 megawatt (mw) Bibiana power plant in Habiganj, officials said Monday....

RAKUB starts workshop on audit and inspection

2010-06-09 00:00:00

Our Correspondent RAJSHAHI, June 8: A two-day long workshop on “Audit and Inspection” for the higher and mid level officials of Rajshahi Krishi Unnayan Bank (RAKUB) started at RAKUB Training Institute here Tuesday. RAKUB Managing Director (Additional Charge) Dilwar Hossain...

Ericsson enables enhanced TV experiences

2010-06-09 00:00:00

FE ReportEricsson will show a wide range of solutions that meet consumer demand for advanced TV experiences at CommunicAsia 2010,Demonstrations on Ericsson's booth will feature award-winning solutions for SD, HD and 3DTV, IPTV and on-demand entertainment that enable operators, broadcasters...

Asian shares higher after Fed chief remarks

2010-06-09 00:00:00

TOKYO, June 8 (Agencies): Asian stock markets managed modest gains Tuesday after comments from Federal Reserve Chairman Ben Bernanke offset some fears about Europe's economic problems. Japan's Nikkei 225 stock average rose 0.4 per cent to 9,556.27, following a nearly...

Lemon cultivation changes Faruque's destiny

2010-06-09 00:00:00

Our CorrespondentGOPALGONJ June 8: The profit in lemon cultivation changed the destiny of Faruque Ahmed Mollah (48), an HSC completed farmer of Gobra village under Sadar Upazila in Gopalganj district. Faruque become self-reliant by farming lemon on a large scale...

RAKUB DGM achieves PhD degree

2010-06-09 00:00:00

Our CorrespondentRAJSHAHI, June 8: Rajshahi Krishi Unnayan Bank (RAKUB) Deputy General Manager (DGM) Md Lokman Hossain has been conferred PhD degree on Human Resource Management by the National University of California, USA recently.

Govt to engage pvt sector to build oil depots

2010-06-09 00:00:00

M Azizur RahmanThe government has decided to engage the private sector for the first time to build oil depots for ramping up the country's overall petroleum storage capacity to ensure uninterrupted fuel supply to the new fuel-run power plants, officials...

Gold climbs near record as investors seek currency alternative

2010-06-09 00:00:00

SINGAPORE, June 8 (Bloomberg): Gold climbed to within 0.3 per cent of a record in London as investors sought an alternative to currencies as concern over Europe's debt crisis mounts. The metal climbed to all-time highs in Swiss francs and...

Oil moves towards $72 in Asia

2010-06-09 00:00:00

SINGAPORE, June 08 (Commodity Online): Global oil prices rose marginally in Asian trade Tuesday mainly on euro recovery that boosted investor demand. Light sweet crude for July delivery was seen trading at $ 71.59 a barrel at 11.30 am Singapore...

exchange rate

2010-06-09 00:00:00

  Exchange Rate                                June 08, Tuesday  The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Tuesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550083.6187101.01600.766760.204866.203657.1624Agrani Bank69.550083.6070101.11710.768760.226666.206757.1866FCBsStanChart69.6787.16101.080.7961.0666.3758.97HSBC 69.617584.3892102.01890.785860.404565.772857.3312Citibank naNANANANANANANABank of Ceylon69.640085.1862103.16020.788161.195166.730559.8208PCBsUttara Bank69.600086.3666102.64820.769460.482567.402659.1843AB Bank69.650084.9485102.28890.7781NANANABuying rates ...

Iran to reject talks on nuke issue if sanctioned: Ahmadinejad

2010-06-09 00:00:00

ISTANBUL, June 8 (AFP): Iran will reject talks on its nuclear programme if slapped with new sanctions, President Mahmoud Ahmadinejad said Tuesday as the UN Security Council geared up for fresh talks on a fourth sanctions resolution."I have said that...

Kan vows to build Japan a 'vigorous country'

2010-06-09 00:00:00

TOKYO, June 8 (AFP): Japan's new centre-left Prime Minister Naoto Kan unveiled his cabinet Tuesday and vowed to create a 'vigorous country', restore its public finances and mend strained US relations.Kan, a one-time left-wing activist who takes over as Japan's...

Aquino wins Philippine presidential polls

2010-06-09 00:00:00

MANILA, June 8 (AFP): Benigno Aquino was declared the winner of the Philippine presidential election Tuesday, nearly a month after voters went to the polls embracing his pledge to fight corruption and ease deep poverty.Following a drawn-out vote tallying process,...

South Korea not seeking embargo on North

2010-06-09 00:00:00

BEIJING, June 8 (AFP): A top South Korean envoy arrived in China Tuesday to seek Beijing's support for a UN censure of North Korea over the sinking of a warship, but reaffirmed Seoul would not ask for new sanctions.There would...

Outrage in India over Bhopal disaster verdicts

2010-06-09 00:00:00

NEW DELHI, June 8 (AFP): Indian politicians, campaigners and newspapers vented outrage Tuesday at two-year prison terms handed to those found guilty over the 1984 Bhopal gas leak disaster that left thousands dead.Anger focused on the 25-year delay in the...

Spanish public workers strike against govt cuts

2010-06-09 00:00:00

MADRID, June 8 (AFP): Garbage went uncollected and hospital care was reduced in Spain Tuesday as tens of thousands of public workers went on strike to protest austerity cuts intended to rein in a public deficit that has rattled global...

news digest

2010-06-09 00:00:00

Czech jobless rate keeps fallingPRAGUE, June 8: Czech unemployment fell to a rate of 8.7 per cent in May from 9.2 per cent in April, posting the third straight decline as the country kept recovering from the global crisis, official...

Four sectoral mutual funds in the offing

2010-06-09 00:00:00

Raihan M ChowdhuryA private sector move has been initiated to spur the development in infrastructure and energy sector through floating sectoral mutual funds in the country's stock market.Under the move, first of its kind in the stock market, Prime Bank...