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Putin urges Qatar to coordinate gas trade with Russia

2010-03-26 00:00:00

MOSCOW, Dec 25 (AFP): Prime Minister Vladimir Putin yesterday said Russia and Qatar, both major producers of natural gas, should coordinate their efforts as the two nations seek to invest in each other's projects. "It's very important for us to...

LG aims to secure 25 per cent of world 3D TV market

2010-03-26 00:00:00

SEOUL, March 25 (AFP): South Korea's LG Electronics said today it aims to secure a 25 per cent share this year of the world's fast-growing 3D television market. The company announced its target after unveiling what it called the world's...

German consumer sentiment steadies after five-month drop

2010-03-26 00:00:00

FRANKFURT, March 25 (AFP): Germany consumer sentiment has stabilised after a five-month slide, helped by government efforts to limit the damage from the global economic crisis on employment, the GfK research group said Thursday. GfK said its consumer confidence index...

exchange rate

2010-03-26 00:00:00

The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction ThursdaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550094.1383104.58580.776266.053468.736164.1591Agrani Bank69.550093.9560104.56670.778665.961468.664163.9260FCBsStanChartNANANANANANANAHSBC 69.585595.8346106.59600.793166.375868.709764.5080Citibank naNANANANANANANABank of Ceylon69.590096.2177106.55180.799867.191369.223166.6394PCBsUttara Bank69.550094.4450104.74710.783565.775868.732864.1153AB Bank69.600095.2436105.65420.7873NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali Bank68.600091.9217102.60170.749964.472567.102862.6190Agrani Bank68.600092.0425102.65000.747764.433667.156862.8199FCBsStanChartNANANANANANANAHSBC...

US, Pakistan see new spirit of trust

2010-03-26 00:00:00

WASHINGTON, March 25 (AFP): The United States and Pakistan pledged Wednesday to build a new spirit of trust after years of mutual recriminations, with Islamabad's top diplomat saying that US suspicions have now evaporated. But officials from the former Cold...

Bomb kills six in Port City in Colombia

2010-03-26 00:00:00

BOGOTÁ, (Colombia), Mar 24 (Reuters): A car bomb exploded in the Colombian port city of Buenaventura Wednesday, killing at least six people and wounding more than 30 in an attack the military said it suspected was carried out by FARC...

Two more blasts in protest-hit Thailand

2010-03-26 00:00:00

BANGKOK, Mar 24 (AFP): Thailand upgraded security measures Thursday after two more blasts hit government buildings, the latest in a string of minor attacks since anti-government protests erupted this month.The rallies mounted by red-shirted supporters of ousted premier Thaksin Shinawatra...

news digest

2010-03-26 00:00:00

US fails to convince Israel on housing disputeWASHINGTON, Mar 25 : With Israeli officials saying that construction on a contentious Jewish housing project in East Jerusalem could begin at any time, President Obama seemed to have failed Wednesday to persuade...

Prime Bank to open exchange houses in three UK cities next month

2010-03-26 00:00:00

FE ReportPrime Bank will open its own exchange houses in three UK cities next month, the bank authority revealed Thursday. "Our exchange houses in three major UK cities, namely- London, Birmingham and Manchester would commence their operation in April", Prime...

StanChart -Transcom co-branded Privilege Card launched

2010-03-26 00:00:00

Standard Chartered Bank and Transcom Electronics Limited recently signed an agreement for issuing Privilege Card.Under this agreement, Transcom Electronics will issue Standard Chartered Visa-branded Privilege Card to their customers when they make purchase of certain amount. Later on, with every...

Pubali Bank recommends 30pc stock, 5pc cash dividends

2010-03-26 00:00:00

FE ReportThe 759th meeting of the board of directors of Pubali Bank Ltd was held at its head office in the city Tuesday, said a press release. Hafiz Ahmed Mazumder MP, chairman of the board of directors of the bank,...

National Bank approves 55% bonus shares

2010-03-26 00:00:00

The shareholders of National Bank Ltd Thursday approved 55 per cent bonus shares for the year ended 31st December, 2009.The approval came at the 27th Annual General Meeting of the bank held at Bangabandhu International Conference Centre in the city.Moazzem...

Delay in hearing on UCBL writ keeps investors in long wait

2010-03-26 00:00:00

Mohammad MufazzalThe long delay in holding hearing on the writ petition of United Commercial Bank Limited (UCBL) has left thousands of investors in deep trouble, as they cannot get back their investment in absence of a final decision from the...

DBBL approves 33.33pc bonus share for '09

2010-03-26 00:00:00

FE ReportDutch-Bangla Bank Ltd (DBBL) has approvev bonus share at the rate of 33.33 per cent--one bonus share for existing every three ordinary shares of Tk 100 each- for its shareholders for the year 2009.The approval came at the 14th...

BRAC Bank approves 30% stock dividend

2010-03-26 00:00:00

FE Report BRAC Bank Limited has approved 30 per cent stock dividend (Bonus Share) for the year ended 31st December, 2009.The approval came at the 11th Annual General Meeting (AGM) of the bank held in the city Thursday. The Chairman...

'ICT crucial in achieving sustainable development'

2010-03-26 00:00:00

Hans Vestberg, CEO of Ericsson said broadband will be key in solving global challenges such as poverty, climate change and the economic crisis. "2010 marks the tenth anniversary of the Millennium Development Goals (MDG's). With 5 years to go, the...

Govt weighs up cut in LPG import duty

2010-03-26 00:00:00

M Azizur RahmanThe government is weighing up a cut in duties and taxes on import of liquefied petroleum gas (LPG) and cylinders to boost import and expansion of its use to alleviate the mounting gas crisis, officials said Tuesday.The energy...

ICB AMCL declares NAV of two unit funds

2010-03-26 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 two unit funds, according to a press release.ICB AMCL Unit Fund: The total NAV of ICB AMCL...

Realtors for scrapping criminal offence provision in new act

2010-03-26 00:00:00

FE ReportHousing developers demanded to scrap the criminal offence provision from the proposed Private Real Estate Development and Management Act-2009 in a bid to protect the fast growing industry."We're not against the law. We want a balanced law, which will...

Shuvo Motors sole distributor of Indian tractor company

2010-03-26 00:00:00

Shuvo Motor Company has been appointed the sole distributor of Panther brand tractors, manufactured by Harig India (Pvt) Ltd, said a press release. An agreement to this effect was signed between the two organisations at the UCBL head office in...

PCLT20 begins in Sharjah todaty

2010-03-26 00:00:00

CHITTAGONG, Mar 25 (UNB): The 2nd version of the Port City League (PCL) T20 Bashundhara Cup begins today (Friday) in the popular desert cricket venue of Sharjah Stadium. Chittagong Mohammedan SC will take on Top Sports Noakhali at 5:00 pm...

Women cricketers sign contracts with BCB

2010-03-26 00:00:00

Twelve women cricketers signed one-year contract with the Bangladesh Cricket Board (BCB) Thursday, reports UNB. The women cricketers have been taken under the contract in three grades of 1, 2 and 3.The grade 1 cricketers will receive a monthly salary...

Rifles beat Police

2010-03-26 00:00:00

Bangladesh Rifles earned a 37-28 goals victory over Bangladesh Police in the Independence Cup Handball Tournament'10 at the Handball Stadium in the city Thursday, reports UNB.The winners clearly dominated the first half 22-14.In the day's other match, BHF President XI...

Serena Williams named WTA's top player for 2009

2010-03-26 00:00:00

MIAMI, March 25 (AFP): World number one Serena Williams was named the 2009 WTA Player of the Year and shared Doubles Team of the Year with sister Venus at an awards ceremony on Wednesday.Serena Williams won last year's Australian Open...

Cricket competition of BTCL to be held tomorrow

2010-03-26 00:00:00

The first annual cricket competition of Bangladesh Telecommunications Company Limited (BTCL) will be held at its Mohakhali sports ground tomorrow (Saturday), reports UNB.Posts and Telecommuni cations Minister Raziuddin Ahmed Raju will be present as the chief guest and distribute prizes.

Jadhav helps Delhi end losing streak

2010-03-26 00:00:00

MOHALI, Mar 25 (Cricinfo): David Warner exploded at the top and Kedar Jadhav provided a fiery finish to charge Delhi Daredevils to a strong 183, which they defended with relative ease. It was Delhi's first win after three losses and...

Jamaat ‘could still lose registration’

2010-03-26 00:00:00

Jamaat-e-Islami could lose its registration as a political party if it doesn't amend seven points in its charter, which months after the deadline for final changes is still in conflict with the country's constitution, reports bdnews24.com.According to the Election Commission...

Arrest warrant issued against Nizami, Sayedi, Rafiq

2010-03-26 00:00:00

KHULNA, Mar 25 (UNB): A court in Khulna issued an arrest warrant against Jamaat-e-Islami ameer Motiur Rahman Nizami, leaders Delwar Hossain Saydee and Rafiqul Islam Khan in a defamation case filed Thursday.Metropolitan Magistrate Barekuzzaman issued an arrest warrant at 1:00...

EC scuppers BNP demands for army deployment

2010-03-26 00:00:00

Ruling out the BNP's demand, the Election Commission (EC) Thursday said the army would not be deployed during the upcoming by-polls in Bhola-3 constituency, reports UNB.Talking to the newsmen at his office, Election Commissioner Brig Gen (retd) M Sakhawat Hossain...

MP Latif criticises gambling in independence fair

2010-03-26 00:00:00

Our CorrespondentCHITTAGONG, Mar 25: Chittagong Chamber president and ruling party MP MA Latif today criticised the exhibition of variety show and gambling in the name of 'independence fair' in the city.In a statement to the press he said as many...