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Singtel sees near-term earning worries for Bharti

2010-05-14 00:00:00

SINGAPORE, May 13 (PTI): Singapore's Singtel said Thursday that it expected Bharti's near-term earnings to be diluted by the cost of funding the acquisition of Zain's African mobile operation and investment in 3G spectrum.It also noted Bharti's intention to leverage...

Oil slips on stronger dollar

2010-05-14 00:00:00

LONDON, May 13, (AFP): World oil prices fell today, under pressure from a strengthening dollar that makes dollar-priced crude more expensive for buyers using weaker currencies. New York's main contract, light sweet crude for June delivery, dropped 70 cents to...

RB Group opens Walton showroom at Demra

2010-05-14 00:00:00

RB Group, country's largest and renowned electrical, electronics and automobiles products using the brand name Walton inaugurated its exclusive showroom Maria Electronics, Sarulia, Demra in the city, recently, says a press release. Director of Walton and Film Actor Ilias Kanchan...

Another next generation iPhone 'found in Vietnam'

2010-05-14 00:00:00

HANOI, May 13 (AFP): A video of what is believed to be a prototype of Apple's next generation iPhone that was found in Vietnam was whizzing around the Internet today. The gadget, which several tech websites have identified as similar...

Gold pulls lower after hitting record high

2010-05-14 00:00:00

LONDON, May 13 (AFP): The price of gold slipped today, one day after striking a record pinnacle above 1,248 dollars per ounce on safe-haven buying amid concerns over the eurozone debt crisis. Gold stood at 1,234.63 dollars per ounce in...

Retail price inflation to dip rapidly in coming months

2010-05-14 00:00:00

NEW DELHI, May 13 (PTI): Finance Minister of India Pranab Mukherjee yesterday said that retail price inflation would come down rapidly in the coming months and hoped that the country would exceed the growth projected by the International Monetary Fund....

Brazil, India take EU to WTO over generic drug seizures

2010-05-14 00:00:00

GENEVA, May 13 (AFP): Brazil and India said yesterday that they have filed separate complaints against the European Union at the World Trade Organization over the seizure of generic medicines. "Brazil filed today under the WTO dispute mechanism a request...

exchange rate

2010-05-14 00:00:00

May 13, Thursday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Thursday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550088.4486103.57480.754463.067568.729462.8311Agrani Bank69.550088.2738103.50260.756662.982868.637262.5976FCBsStanChart69.6294.38107.810.7765.3670.0565.58HSBC 69.586589.4035105.16920.773063.227468.495262.8794Citibank naNANANANANANANABank of Ceylon69.590089.8572105.57060.774264.043869.264565.3311PCBsUttara Bank69.550089.4563103.46180.763462.719568.102962.8720AB Bank69.600089.5834104.68880.7653NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

City Bank to launch Mastercard payment services

2010-05-14 00:00:00

FE ReportLeading local financier City Bank Limited opened its 88th online branch at the capital's Banani residential area Thursday to tap into the growing retail banking need in one of Dhaka's major posh areas. The state-of-the-art branch office situated at...

ICB AMCL announces NAV of two unit funds

2010-05-14 00:00:00

ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has announced Net Asset Value (NAV) of two of its unit funds recently, said a press release. The total NAV of 1CB AMCL Pension Holders'...

StanChart Qatar donates funds to 'Seeing is Believing' projects in Bangladesh

2010-05-14 00:00:00

FE ReportStandard Chartered Bank, Qatar has committed USD 68,000 to Standard Chartered Bank in Bangladesh for its 'Seeing is Believing' projects in Dhaka. David Godwin, CEO, Standard Chartered Bank, Qatar recently visited Bangladesh to officially hand over the cheque to...

Govt mulls over increasing agri loan disbursement target

2010-05-14 00:00:00

The government plans to increase the agriculture loan disbursement target for the next fiscal in a bid to achieve self-sufficiency in food and alleviating poverty through ensuring farmers greater access to finance, Bangladesh Bank (BB) Governor Dr Atiur Rahman has...

BOC AGM approves 77pc final dividend

2010-05-14 00:00:00

The 37th annual general meeting (AGM) of BOC Bangladesh Limited has approved 77 per cent final dividend for the year that ended on December 31, '09.The AGM was held in the city Thursday. Chairman of the company M Syeduzzaman presided...

Taiwan co to invest $10.094m in Ctg EPZ

2010-05-14 00:00:00

M/s Bonshoe Bangladesh Co Limited, a Taiwanese company will set up a shoe manufacturing industry in the Chittagong Export Processing Zone (CEPZ), says a press release.This 100 per cent foreign-owned company will invest 10.094 million US dollar in setting up...

WB-administered GPOBA, IDCOL help low-income households gain access to electricity

2010-05-14 00:00:00

The World Bank (WB), acting as administrator for the Global Partnership on Output-Based Aid (GPOBA), has approved two grants totaling US$8.3 million to subsidize part of the costs for installation of Solar Home Systems (SHS) and renewable energy mini-grids for...

David Cameron coalition team in first cabinet meeting

2010-05-14 00:00:00

Members of the cabinet have gathered for their first meeting, as David Cameron puts the finishing touches to his historic coalition government, reports BBC.The Tory leader will announce a string of junior government posts, which will include further Lib Dem...

Somali pirates seize Greek ship

2010-05-14 00:00:00

Pirates have seized a Greek-owned ship with 23 people on board in the Gulf of Aden, the ship's managers say, reports BBC.The Eleni P, which is managed by Eurobulk, was carrying a cargo of iron ore from the Black Sea...

Aftermath of the plane crash at Tripoli airport

2010-05-14 00:00:00

Aviation officials in Libya are investigating the plane crash that killed 103 people at Tripoli airport, reports BBC.The flight recorders have been recovered and handed over to analysts for clues on what brought down the Afriqiyah Airways flight Wednesday.Police and...

Afghan raids kill up to 40 Taliban

2010-05-14 00:00:00

KUNDUZ, May 13 (AFP): Up to 40 Taliban-linked militants have been killed in separate raids by Afghan and NATO troops in northern and central Afghanistan, officials said Thursday.In the biggest single raid in weeks, NATO's International Security Assistance Force said...

Thai protesters seek reinforcements, ignore calls to leave

2010-05-14 00:00:00

BANGKOK, May 13 (Reuters): Thousands of Thai anti-government protesters were seeking reinforcements Thursday after ignoring a midnight deadline to end two months of street rallies that have sparked Thailand's deadliest political violence in 18 years.Leaders of the mostly rural and...

HIGHLIGHTS

2010-05-14 00:00:00

Mahi WayOn SONY Ent TV Friday at 8-30 pm."Another round of gol-guppas please", Don't be surprised if you find her next to your famous gol-guppas stall, merrily eating away to glory. Meet Mahi! A girl next door, a healthy girl...

Friday

2010-05-14 00:00:00

ATN BANGLAam07:00 Sangbad07:30 Positive Bangladesh08:00 Sangbad08:30 Islam Ki Bole Amra Ki Kori09:00 News Bulletins09:10 Kande Amar Ma09:20 Bsb-Cambriyan Education Zone10:00 News10:30 Atn Rannaghar11:00 News11:05 Youth Parliament12:00 News12:05 Islami Program01:00 News02:05 Special Islamic Program03:15 Film- Oshanto Agun04:00 News05:00 Gram Ganger Sangbad05:10...

Parliamentary body suggests quick installation of gas meters

2010-05-14 00:00:00

The Parliamentary Standing Committee on Public Undertakings has recommended quick installation of gas meters and introduction of monitoring system to stop wastage of natural gas, reports BSS.The recommendation was made at the 24th meeting of the parliamentary body Thursday.Committee Chairman...

Expatriates' clubs still floodlit

2010-05-14 00:00:00

Most of Dhaka's expatriate clubs continue to use floodlights although a High Court order has banned their use in Bangladeshi clubs, reports bdnews24.com.The news agency's inquiries have confirmed that the Nordic, Dutch, British, German, Canadian and American clubs use full...

2 motorcyclists killed in C'nawabganj road accident

2010-05-14 00:00:00

CHAPAINAWABGANJ, May 13 (UNB): Two motorcyclists were killed when their carrier was rammed by a truck at Lalpara under Sadar Upazila Thursday morning.The accident took place as the rider Samirul tried to overtake a bus, leaving him dead on the...

Academic activities of JnU come to halt

2010-05-14 00:00:00

KERANIGANJ, May 13 (UNB): Academic activities of Jagannath University came to a halt Thursday as general students staged demonstration demanding cancellation of the clause 27 (4) of Jagannath University Act-2005.Students of 28 departments of the university brought out separate processions...

Release of 1,000 convicted won't destabilise security: DMP chief

2010-05-14 00:00:00

FE ReportDMP commissioner AKM Shahidul Haq Thursday said the country's security would not be destabilised, if some 1,000 convicted are released from prison as per the Prime Minster's commitment."Activities of the released prisoners will be closely monitored, so that they...

Bangladesh's hope to reach final almost shattered

2010-05-14 00:00:00

Bangladesh's hope of reaching the final round of the Asian Games Hockey was almost shattered as they played to a 3-3 draw against Sri Lanka in the Robi Asian Games Qualifying Hockey at the Maulana Bhasani National Hockey Stadium Thursday,...

WIndies A team face S Africa A today

2010-05-14 00:00:00

Favorite West Indies A team will face South Africa A team in the final match of the ATN Records Tri-Nation One-Day Cricket Tournament today (Friday) at the Sher-e-Bangla National Cricket Stadium in Mirpur, reports UNB.The Caribbean team smartly reached the...

GM Niaz secures 4.5 after 6th round

2010-05-14 00:00:00

Grandmaster Niaz Murshed of Biman earned 4.5 points after the 6th round matches of the Commonwealth Chess Championship in New Delhi, India Thursday, reports UNB.GM Enamul Hossain Razib, FM Abu Sufian Shakil, FM Mehdi Hasan Parag, FM Mohammad Javed and...