MUMBAI, May 11 (Reuters): Bond yields were steady to lower Monday in low volumes as the auction papers announced for this week were in line with expectations and although there were worries about debt supplies in the shorter-end pushing up...
Pragati Life Insurance Limited (PLIL) signed group hospitalisation insurance contract with Biman Bangladesh Airlines, said a PLIL press release. Biman Bangladesh Airlines Director (Administration) Md Aminul Haque and Pragati Life Assistant Managing Director MM Monirul Alam signed the contract on...
SHANGHAI, May 11 (AP): Chinese shares hit an 11-month low Tuesday after higher April inflation sparked investor fears of more credit tightening. The benchmark Shanghai Composite Index lost 51.18 points, or 1.9 per cent, to close at 2,647.57, its lowest...
MUMBAI, May 11 (Economic Times): Shares of key broking firms are still quoting 20-50 per cent below their yearly highs seen between June and October last year, when the market was soaring. In comparison, the market has risen by 8...
KARACHI, May 11 (Business Reporter): The Karachi share market Monday witnessed positive trend and KSE-100 index gained 16.67 points to close at 10,288.14 points from 10,271.47 points. Overall mixed trend was witnessed and the index hit 10,338.33 points intra-day high...
LONDON, May 11 (Bloomberg): Crude oil fell to near $76 a barrel on concern that Europe's bailout of almost $1 trillion may not be sufficient to end the region's sovereign debt crisis.Oil reversed an increase of as much as 0.8...
NEW YORK, May 11 (Bloomberg): Corn and wheat futures declined for a second day, while soybeans were little changed, as investors and importers refrained from purchases before the release of US estimates on global agricultural supply.Corn for July delivery fell...
KUALA LUMPUR, May 11 (Bloomberg): Palm oil futures declined on speculation demand is easing as cheaper soybean oil prices prompt buyers to switch.July-delivery palm oil dropped as much as 1 per cent to 2,505 ringgit ($781) a metric ton on...
May 11, 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 Bank69.550090.4756103..82580.758963.491568.007263.1806Agrani Bank69.550088.8858103.24530.770963.005566.997461.8256FCBsStanChart69.6294.38107.810.7765.3670.0565.58HSBC 69.563891.5333105.04390.773963.830467.997763.5336Citibank naNANANANANANANABank of Ceylon69.590090.5740105.28530.776263.973268.676665.4146PCBsUttara Bank69.550090.8467104.04860.765763.277967.944063.0746AB Bank69.600091.7364104.95970.7704NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
FE ReportIndustries Minister Dilip Barua Tuesday laid emphasis on coal based power generation to reduce the present power crisis by finalising coal policy as early as possible."Coal based power generation is the most suitable alternative to combat the present power...
FE ReportShahjalal Islami Bank Ltd (SJIBL) has taken a number of steps to strengthen its operation in view of the bank's completion of nine years."We congratulate our clients, shareholders, patrons and all employees of our bank on this happy occasion...
FE ReportChittagong Stock Exchange (CSE) has urged the government not to take any decision that could hinder the growth of the stock market.“Country's industrialization, investment, employment, revenue earnings all are interrelated to the stock market development". CSE president Fakhor Uddin...
A leading power producing firm in Bangladesh said on Monday it would invest $1.2 billion to generate 1,200 megawatts (MW) of electricity to ease a nagging power crisis badly affecting industries, reports Reuters."We plan to produce about 1,200 MW of...
Monira MunniLocal handicraft manufacturers are facing a bleak future, as export earnings have dwindled in the absence of modern technologies and government support to the industry.They claimed that lack of awareness of the changing trend in consumers' tastes, designs and...
Sonia H MoniBangladesh frozen food exporters bagged spot orders worth US$40 million at the recently concluded European Seafood Exposition (ESE) 2010 at Brussels in Belgium, an official said.Abu Sayeed Chowdhury, Deputy Secretary (Export), Ministry of Commerce told FE, "We have...
FE ReportCommerce Minister Faruk Khan made a clarion call to the Indonesian businessmen to invest in tourism and energy sectors in Bangladesh by utilising the investment facilities offered by the government.He said Bangladesh is the right place for investment as...
Global Finance, a US-based financial magazine, adjudged Islami Bank Bangladesh Limited (IBBL) the best Islamic Financial Institution in Bangladesh for 2010, says a press release.The winners of this award are those banks that contributed to the growth of Islamic financing...
Prime Minister (PM) Sheikh Hasina has requested the Philippines to import ceramic items and other items of world-class quality from Bangladesh, reports UNB.She made the appeal when the outgoing ambassador of the Philippines, Zenaida Tocorda-Rabago, called on her at the...
The High Court Tuesday directed the Bangladesh Telecommunication Regulatory Commission (BTRC) to resolve within a week its notice over cancellation of the licence to operate RanksTel, a private telecom service provider, for its alleged involvement in illegal VoIP (voice over...
FE ReportAuto-rickshaw, rickshaw and van drivers lay siege to the second Buriganga Bridge for about two hours Tuesday demanding an end to toll collection by the lessee from the next fiscal year.Witnesses said nearly 500 demonstrators occupied the southern wing...
CHITTAGONG, May 11 (UNB): A tribunal here Tuesday convicted a man in his absence and sentenced him to death in a double murder case.The condemned convict is: Abdur Rahim, resident of Kashinathpur village in Comilla Sadar Upazila.
A one-day workshop on Career Counselling and Scholarship Awarding ceremony organised by Bangladesh University of Professionals was held at MIST Multipurpose Hall at Mirpur Cantonment in the city Tuesday, reports UNB.Chief of Air Staff Air Marshal SM Ziaur Rahman attended...
Over 29,000 poor people got back eyesight after cataract surgery and 159,000 others were provided with primary eye care services free of cost in the capital in last five years.Dhaka Urban Comprehensive Eye Care Project supported by a UK based...
Our CorrespondentGAZIPUR, May 11: A devastating fire broke out at a godown of the Partex Denim Factory at Bangla Bazar area under the sadar Upazila of the district Tuesday. The fire broke out at about 12.30 pm. On an information...
GOPALGANJ, May 10 (UNB): Two siblings drowned in a pond near Police Line in Gopalganj town Monday.The victims were identified as Raj (12), a class V student and Chand (9), a class III student of SM Model Govt. Primary School...
SAVAR, May 11 (UNB): Rapid Action Battalion (RAB) in a drive Tuesday arrested four dacoits along with arms at Dhalchar in Tetuljhura union.The arrested people were-Jaidhar alias Badsha Miah (32), Atiqur Rahman (22), Mainal Haque alias Rafiq (36), and Khairul...
Elections to the Chittagong City Corporation (CCC) will be held on June 17, Chief Election Commissioner Dr ATM Shamsul Huda announced Tuesday, reports UNB.Declaring the election schedule to journalists at his office in the afternoon, the CEC said the last...
Eminent economist Prof Anu Muhammad alleged Tuesday that the government was pushing country's internal security into a dreadful situation by handing over its energy sector to foreign companies, reports UNB. Prof Muhammad, leader of the National Committee to Protect Oil,...
BNP chairperson Khaleda Zia will address a grand rally in Barisal city today (Wednesday), reports UNB.The grand rally will be held at the city's Bales Park at 3:00pm.This will be Khaleda's fourth grand rally on her ongoing tour of divisional...
BANDARBAN, May 10 (bdnews24.com): Chairman of CHT Land Dispute Resolution Commission blamed Parbatya Chattagram Jana Sanghati Samity chief Santu Larma for non-cooperation. "He (Larma) attended only one meeting of the Commission out of nine held. Instead of attending meetings, he...
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