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EU bailout, US slick drive up oil prices

2010-05-04 00:00:00

SINGAPORE, May 3 (AFP): Oil prices extended gains in Asian trade today after Europe's endorsement of an aid deal for Greece and on expectations of a US supply drop caused by a giant oil slick, analysts said. New York's main...

Viyellatex: An alternative to chemical fertiliser

2010-05-04 00:00:00

Kitchen wastage is no longer a throw away matter. Now the refusals are being mixed with micro dust, a waste from spinning mills, and used in the production of high quality compost fertiliser by Viyellatex Ltd.In a test conducted by...

Asian economy must focus on regional consumers

2010-05-04 00:00:00

TASHKENT, May 3 (AFP): Asian Development Bank President Haruhiko Kuroda today urged Asia's economies to focus less on exports and more on meeting regional consumer demand, without overlooking environmental concerns. Haruhiko, addressing the opening of the ADB's board of governor's...

S Korea to develop faster electric bikes

2010-05-04 00:00:00

SEOUL, May 3 (AFP): South Korea's government today announced plans to spend seven million dollars developing high- performance electric motorcycles by 2013 to reduce petrol consumption and emissions. It would receive government funds of 7.84 billion won (7.04 million dollars)...

China's novel approach to iron ore negotiations

2010-05-04 00:00:00

BEIJING, May 3 (Xinhua): In response to the world's top three iron ore suppliers' negotiation attitude of "take it or leave it", China can both take it and leave it in different ways, experts say. "It seems China has accepted...

BMBA gets new president

2010-05-04 00:00:00

FE ReportArif Khan, deputy managing director of IDLC Finance Limited, was elected president of Bangladesh Merchant Bankers Association (BMBA) for one year.Its 11-memebr executive committee Monday voted Khan as president following resignation of Fazlur Rahman, deputy managing director of AB...

exchange rate

2010-05-04 00:00:00

May 03, Monday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Monday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550092.4328106.37070.748264.523068.722664.5230Agrani Bank69.550092.2868106.31240.751064.505768.670964.5057FCBsStanChart69.6294.38107.810.7765.3670.0565.58HSBC 69.608794.3003108.18950.767965.596568.842865.2207Citibank naNANANANANANANABank of Ceylon69.590094.4501108.68130.766865.862269.092566.6742PCBsUttara Bank69.550093.3830106.89150.754164.694468.678764.5833AB Bank69.600094.1741107.77930.7587NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Rupali Bank urges govt to settle SoE loans

2010-05-04 00:00:00

FE ReportRupali Bank has urged the government to defray the overdue loans of State-owned Enterprises (SoEs) of Tk 6.77 billion to clear its balance sheet and strengthen its capital base.The bank had a provisional capital shortfall of Tk 12.79 billion...

StanChart signs Auto Billspay deal with Qubee

2010-05-04 00:00:00

Standard Chartered Bank signed an agreement with Qubee (Augere Wireless Broadband Bangladesh Ltd) recently with a view that customers (both accountholders and credit cardholders) of the bank can settle their internet bill of Qubee through Auto Billspay, said the bank....

President seeks Croatian investments in Bangladesh

2010-05-04 00:00:00

President Zillur Rahman has urged the Croatian investors to invest in Bangladesh availing the existing investment-friendly atmosphere of the country.The President made the call Monday when newly appointed Croatian Ambassador Dr Boris Velic presented his credentials to the President at...

Pubali Bank, Fareast Finance & Investment sign Tk 100m deal

2010-05-04 00:00:00

A term loan agreement for Tk 100 million was signed between Pubali Bank Limited (PBL) and Fareast Finance and Investment Limited at the bank's head office in the city recently, said a PBL release.General manager of PBL principal branch Md...

Agrani Bank holds AGM

2010-05-04 00:00:00

The third annual general meeting (AGM) of Agrani Bank Limited was held in the city recently.Chairman of the board of directors of the bank Dr Khondoker Bazlul Hoque was present at the meeting as the chief guest, said a press...

Huawei mulls to expand business in Bangladesh

2010-05-04 00:00:00

SHANGHAI, May 3 (BSS): Huawei Technologies Company Limited (Huawei) is planning to expand its business in fast growing markets like Bangladesh, Sri Lanka and India by introducing latest technology to maximise its return."We already have an annual business of US$200...

Trust Bank Pragati Sarani branch inaugurated

2010-05-04 00:00:00

Trust Bank Limited (TBL) inaugurated its 43rd branch in the city's Pragati Sarani area recently, says a press release. Adjutant General of Bangladesh Army and Vice Chairman of the bank Maj Gen ATM Shahidul Islam, ndu, psc was present as...

Four-day Thai trade fair begins in city on May 5

2010-05-04 00:00:00

FE ReportThai government will organise a four-day trade exhibition in Dhaka this week to further bolster relations between the business communities of the two countries.The Department of Export Promotion and the Ministry of Commerce of Thailand will organise the 'Thailand...

ICB AMCL announces NAV of eight mutual funds

2010-05-04 00:00:00

ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the Net Asset Values (NAV) of its eight mutual funds, according to a press release.ICB AMCL First Mutual Fund: The total NAV of ICB...

Ctg laptop show begins May 6

2010-05-04 00:00:00

FE ReportThe 6th Chittagong Laptop Fair showcasing brand new laptops of world-renowned brands begins at the port city on May 6, officials said.Maker Communication will organise the three-day fair sponsored by the country's leading telecom company Grameenphone at Chittagong Gymnasium....

HIGHLIGHTS

2010-05-04 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...

Salman refuses to follow the script

2010-05-04 00:00:00

Bollywood brat Salman Khan, who's unpredictable behavior is pretty well known recently stunned everyone when he refused to go by the script prepared for him.The script was prepared for a Television awards function for which Salman was supposed to be...

I'm not marrying Shoaib Akhtar: Dia Mirza

2010-05-04 00:00:00

NEW DELHI, May 3: Bollywood actress Dia Mirza is upset about rumours of her wedding plans with Pakistani cricketer Shoaib Akhtar, saying this was "untrue"."I would like to place on record that the story that I'm marrying Shoaib Akhtar is...

Tuesday

2010-05-04 00:00:00

ATN BANGLAam07:00 Sangbad07:30 Positive Bangladesh08:15 Ajker Sangbadpatra08:30 Drama Serial- Chonnochara09:00 News Bulletins09:15 Drama - Jolkona10:00 Sangbad10:30 Hello Bangladesh11:15 Asian City Top Spin12:00 Sangbad Bulletins12:15 Shornali Shadakalo01:00 Sangbad Bulletins01:25 Atn Music02:00 Sangbad02:30 Drama Serial - Baba03:00 Sangbad03:15 Mega Serial-O Amar Chokkhu...

Iran, US take nuke cases to UN stage

2010-05-04 00:00:00

UNITED NATIONS, May 3 (AP): Iranian President Mahmoud Ahmadinejad brings his nuclear case to New York Monday, turning a UN treaty conference into a stage for Tehran's long-running showdown with the Western powers over its uranium enrichment program.The only head...

Maoists shut down Nepal, testing peace process

2010-05-04 00:00:00

KATHMANDU, May 3 (AFP): Opposition Maoists carrying sticks and chanting revolutionary slogans shut down much of Nepal for a second day on Monday, piling pressure on the strained peace process in the Himalayan nation.All shops, schools and offices were closed...

Pakistani convicted for ‘08 Mumbai siege

2010-05-04 00:00:00

MUMBAI, May 3 (CNN): An Indian court handed down a guilty verdict Monday in the case of the only surviving gunman from the 2008 siege in Mumbai.Mohammed Ajmal Kasab, a Pakistani, was found guilty of murder, conspiracy and waging war...

Iraq begins Baghdad vote recount

2010-05-04 00:00:00

BAGHDAD, May 3 (AP): Iraqi officials began Monday a controversial recount of the 2.5 million ballots cast in Baghdad, a move requested by Prime Minister Nouri al-Maliki who narrowly lost a parliamentary election held nearly two months ago.Political factions have...

British leaders in last-ditch push for swing voters

2010-05-04 00:00:00

LONDON, May 3 (AFP): Britain's party leaders pushed into the final days of campaigning Monday, targeting key marginal seats in the fight for what looks set to be the closest general election in decades on May 6.With the country on...

Thai PM says working on roadmap to end crisis

2010-05-04 00:00:00

BANGKOK, May 3 (AFP): Thailand's premier said Monday he would unveil a political roadmap to end a tense standoff with opposition protesters following the country's deadliest civil violence in almost two decades.But the authorities said they were still planning an...

news digest

2010-05-04 00:00:00

Obama defends US oil slick responseVENICE, Louisiana, May 3 : US authorities raced Monday to stem the tide of a disastrous oil slick in the Gulf of Mexico a day after President Barack Obama fiercely defended his response and promised...

Supreme Court backs HC rule to free rivers

2010-05-04 00:00:00

The Supreme Court (SC) has upheld a High Court (HC) ruling that had ordered dismantling of illegal structures on the banks of four rivers in and around Dhaka city, reports bdnews24.com.The five-member Appellate Division bench headed by chief justice Md...

Trial of another Rangamati battalion resumes

2010-05-04 00:00:00

RANGAMATI, May 3 (bdnews24.com): A special court trying 75 suspected BDR mutineers of 9 Rifles Battalion at Marishya in Rangamati resumed proceedings Monday after a three-month recess.The special court-4, set up at the Rangamati BDR headquarters, began hearing witnesses from...