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Minimum wages for re-rolling mill workers raised by 150pc

2010-06-03 00:00:00

Jasim Uddin Haroon The government has raised minimum wages for workers of the re-rolling mills by more than 150 per cent on an average.The wages for the guarder man, a low grade job in the re-rolling mills, has now been...

PM urges owners to show more sympathy to workers

2010-06-03 00:00:00

Prime Minister Sheikh Hasina Wednesday urged industrialists to be more sympathetic towards the workers in their industries for paying their wages, reports UNB."I will urge the owners to show more sympathy to the workers while paying their wages and to...

Amar Desh acting editor sent to jail

2010-06-03 00:00:00

The metropolitan magistrate court Wednesday rejected the petition for police remand of Mahmudur Rahman, acting editor of the daily Amar Desh, asking the police to interrogate him at the jail gate, report agencies. Arrested from his office at the wee...

BGMEA for keeping Ctg port customs open on Saturdays

2010-06-03 00:00:00

FE ReportGarment exporters have demanded that the government keep Chittagong customs house open on Saturdays to expedite unloading of imported accessories at the port.The exporters have urged the National Board of Revenue (NBR) to consider keeping the port open for...

Japan PM resigns after US base row

2010-06-03 00:00:00

TOKYO, June 2(Agencies): Japanese Prime Minister Yukio Hatoyama has announced his resignation after just eight months in office. Hatoyama ended more than half a century of conservative rule in an electoral earthquake last August, but soon earned a reputation for...

Sad saga of a vegetable vendor

2010-06-03 00:00:00

Jubair HasanA vegetable trader found all his family members dead four hours after he went out of home, which was crushed by a five-storied building that collapsed in the capital Tuesday night.Mofazzal Hossain, who hails from Islampur of Jamalpur district,...

Businesses must get trade body membership: Faruk

2010-06-03 00:00:00

FE ReportThe government plans to make it mandatory for all business entities to get trade body membership aiming to make them more responsible and well-regulated, and forestall malpractice, the commerce minister said Wednesday."We will enact laws within the next one...

Ensuring good corporate governance practices

2010-06-02 00:00:00

THE government will be embarking soon on the task of reforming the legal framework that regulates the country's corporate world. In the first step, according to the finance minister, the Bank Companies Act would be amended, followed by the move...

Yet another state piracy by Israel

2010-06-02 00:00:00

Maswood Alam KhanIS there anyone who should not be shocked by Israel's latest piracy in the sea? Is there a national military force in the world which, like Israeli troops, could kill innocent civilians who were travelling in a flotilla...

Looking beyond hartal as political strategy

2010-06-02 00:00:00

Ferdous RahmanThough the right to call a hartal - a particular form of protest used in Bangladesh and in other parts of South Asia - is viewed as a legitimate right, this right often impinges on the rights of individuals...

Addressing Dhaka's environmental problems

2010-06-02 00:00:00

Residents of Dhaka city with over 13 million people, are exposed to serious living hazards and this situation is worsening day by day. But unfortunately, neither of the two main political parties said anything of substance in their election manifestos...

Drug rackets threaten decent, peaceful social existence

2010-06-02 00:00:00

There is probably now no place in Dhaka city which does not have a presence of drug trafficking rackets. The addiction habit is fast increasing among all sections of people. It is no longer confined to young freaks in rich...

Development of tourism to spur economic growth

2010-06-02 00:00:00

Muhammad Mahboob Ali and Rehana ParvinTourism refers to travel for recreation, leisure, religious, medical or business purposes from one place to another place for maximum one year or lesser time period. This travel may be domestic or transnational. Tourism is...

NGOs must consider their capacity to manage microfinance programmes

2010-06-02 00:00:00

Ayan GuptaNON-governmental organisations (NGOs) must consider their capacity to manage microfinance programmes. The widespread poverty, with all the problems that come with it, is the greatest challenge of our time. Traditional aid has not helped in solving the problems. One...

Palestinians find an unlikely friend in Turkey

2010-06-02 00:00:00

Talha AhmadFOR three years now Gazans find themselves entrapped, strangled and cut off. Illegal Israeli blockade of Gaza from air, on land and over the sea has ensured the making of world's perhaps the first and the most notorious open...

Wednesday

2010-06-02 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...

Asian stocks slip on slowdown caution

2010-06-02 00:00:00

HONG KONG, June 1 (Reuters): The euro and Asian stocks slipped Tuesday on creeping suspicion that a peak in the recovery has passed and slowing growth in China and Europe in the second half of the year will be obstacles...

Nifty breaches 4975, oil & gas, metals fall

2010-06-02 00:00:00

MUMBAI, June 1 (Economic Times): Indices slipped to day's lows mirroring sell-off in European markets. Commodities and interest rate sensitive were the worst hit while pharma stocks showed some strength. At 2:15 pm, National Stock Exchange's Nifty was at 4972.65,...

China realty bubble bursts in bond markets

2010-06-02 00:00:00

SINGAPORE, June 1 (Bloomberg): Dollar bonds sold by China real estate companies this year are the worst performers among Asian non-financial corporate debt denominated in the US currency amid concern the nation's property market is overheating. Yields on the $3.9...

Canada IPO market luring action

2010-06-02 00:00:00

TORONTO, June 1 (Reuters): More than a few Canadian companies are ready to go public, though only a handful - some gutsy tech startups with heavy backing -- are likely to brave the recent market turbulence and take the final...

KSE index loses 194.73 points

2010-06-02 00:00:00

KARACHI, June 1 (Business Recorder): The Karachi share market Monday witnessed negative trend and KSE-100 index lost 194.73 points due to heavy selling pressure by local as well as foreign investors. The KSE-100 index closed at 9,326.42 points against 9,521.15...

Suzlon board approves rights issue

2010-06-02 00:00:00

MUMBAI, June 1 (PTI): Wind turbine manufacturer Suzlon Energy today said it will raise funds through rights issue to repay its debt. The rights issue committee of directors at its meeting held yesterday, has decided to allot 2 equity shares...

Bilfinger close to finalising Australia IPO

2010-06-02 00:00:00

SYDNEY/MELBOURNE, June 1 (Reuters): German construction group Bilfinger Berger is close to finalising plans for the $1.2 billion float of its Australian arm and could start marketing the issue within two weeks, sources familiar with the transaction said Tuesday.A final...

Oil prices sink as euro tumbles

2010-06-02 00:00:00

LONDON, April 1 (AFP): Crude-oil futures tumbled Tuesday, falling more than $2 a barrel, as anxiety over the euro zone grew and investors fled riskier assets in favour of the dollar.A stronger dollar against the euro and other currencies weighs...

Dragonair wins skytrax 'world's best regional airline' award

2010-06-02 00:00:00

Dragonair has been voted the "World's Best Regional Airline" in the annual World Airline Survey run by Skytrax, a London-based research organization, which runs the annual survey and gives the World Airline Awards,said a press release. About 18 million travelers...

Corn, soybeans retreat on concern debt crisis may curb demand

2010-06-02 00:00:00

LONDON, June 1 (Bloomberg): Corn declined, extending a slump by the most in six weeks in the previous session on speculation that the widening Europe debt crisis will curb demand for the grain. Soybeans also dropped 0.3 per cent. July...

India's coffee exports climb 50pc as demand recovers

2010-06-02 00:00:00

NEW DELHI, June 1 (Bloomberg): Coffee exports from India, Asia's third-biggest producer, gained 50 per cent in the five months ended May as demand recovered in the biggest importing countries, the state-owned Coffee Board said. Tata Coffee Ltd. and its...

exchange rate

2010-06-02 00:00:00

June 01, 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 Bank69.550085.6667100..92530.771860.475666.798358.4555Agrani Bank69.550085.5961100.99880.773660.480866.837858.5220FCBsStanChart69.6787.16101.080.7961.0666.3758.97HSBC 69.647587.3236102.37570.785060.974566.712559.7944Citibank naNANANANANANANABank of Ceylon69.660087.6348103.02960.790661.515467.168161.9417PCBsUttara Bank69.600086.5275101.15930.776460.362066.625459.3171AB Bank69.670087.3500102.13020.7809NANANABuying rates  from public (inward...

Waiver of duty, VAT on computer equipment demanded

2010-06-02 00:00:00

Mehdi Musharraf BhuiyanThe country's top IT leaders and software developers Tuesday demanded full waiver of duty and Value Added Taxes on computer networking and data communication equipments during the upcoming budget of the fiscal year of 2010-11.Networking equipments like network...

Mercantile Bank's 11th founding anniversary today

2010-06-02 00:00:00

FE ReportThe Mercantile Bank Limited (MBL) will observe its 11th founding anniversary today (Wednesday) and will award 10 renowned personalities on this occasion, officials said.MBL Managing Director and chief executive Dewan Mujibur Rahman said, "We will give awards to Syed...