China gave very positive and encouraging response to Bangladesh's proposals on building a deep seaport and the Kunming-Chittagong road and rail links through Myanmar, Foreign Minister Dipu Moni said Monday, reports UNB."We've received extremely positive and encouraging response from both...
A four-member delegation of Bangladesh Nationalist Party (BNP) led by MK Anwar MP met Chief Election Commissioner (CEC) Dr ATM Shamsul Huda Monday, seeking deployment of the army during the upcoming Bhola-3 by-election, reports UNB.After their meeting with the CEC...
The High Court (HC) Monday asked the Dhaka City Corporation (DCC) to resume demolition drive on unauthorised billboards in the capital without any further delay, reports UNB.Passing the interim order, the HC also asked the Inspector General of Police (IGP)...
Our CorrespondentCHITTAGONG, Mar 22: A court today has awarded another 60 days time to the CID to investigate into the 10-truck arms haul case.The court of Chittagong Metropolitan Sessions Judge Bhabani Prasad Sinha extended the time upon petition of the...
The President's (Remu-neration and Privileges) (Amendment) Bill 2010 was introduced in the House Monday, reports BSS.Agriculture Minister Begum Motia Chowdhury, also in charge of the Cabinet Division in the House, placed the bill proposing more amendment to the President's (Remuneration...
The cabinet has cancelled the plan to introduce Daylight Saving Time (DST) on a permanent basis in Bangladesh-clocks will not go forward on Mar 31, report agencies. "The government has taken the decision in the public interest," Abul Kalam Azad,...
FE ReportTurnover at the Dhaka Stock Exchange hit one month high Monday, crossing Tk10 billion threshold for the first time since February 24, as shares rode on banks despite volatile trading.The benchmark DSE General Index (DGEN) closed at 5562.37 with...
THE disputes over land involve the greatest number of civil and criminal cases in the country. Litigations over land claims, ownership and related issues keep engaged the greater part of the capacities of the country’s legal system. The amounts of...
Shamsul Huq ZahidA few weeks back, angry farmers left a large quantity of tomatoes scattered over the road in front of the deputy commissioner's office of a district as a mark of protest against abnormally low price of their produce,...
Ferdaus Ara BegumClimate change mitigation funding has becomes difficult for the vulnerable countries. Fund availability is far from adequate. Allocation principles, which very from country to country made decision making complicated. China, a G77 country, proposed for a manager for...
The Bangladesh Telecommunications Regulatory Commission (BTRC) should not take any step that may destroy the local ISP industry and also the domestic PSTN telephone industry.During the last few days, some developments have taken place that give some ominous signals to...
The introduction of MRP has been delayed as reported in a local English daily’s front page of March 18th! Can we expect it on 1st. April? After all 1st April is traditionally “All Fools Day”, and the people of Bangladesh...
Fazal M. KamalWith the Great Recession affecting the large majority of people in this country now a whole raft of things are changing in the life of many families. Some are finding it difficult to continue with their existing medical...
Shafiul AlamIN a culture of looking at all government activities from a critical point of view, good initiatives are seldom appreciated. But the fact is that the government, irrespective of its political party-wise composition, deserves and, therefore, needs support from...
In Shamsher Chowdhury's article "Encouraging people to take law into their hand" published in yesterday's issue of the FE, ‘HRC’ stands for an well-established business house in Bangladesh and not as acronym of the Human Rights Commission. The inadvertent mistake...
MUMBAI, Mar 21 (Economic Times): Over the last week, there was a good rally in the markets. The key market indices - Sensex and Nifty - are trading close to their yearly high levels. Analysts believe that the absence of...
TOKYO, Mar 21 (Reuters): Japan's Canon Inc said its tender offer for shares in Oce NV has raised its stake in the Dutch printer maker to 84 per cent, moving closer to its target of turning Oce into a wholly...
NEW YORK, Mar 21 (Reuters): Palm Inc's most influential investor, Elevation Partners, stood by the smartphone maker Friday, even as other shareholders bailed and analysts warned its days as an independent company may be numbered.Palm shares tumbled 29 per cent...
MUMBAI, Mar 21 (PTI): The four-day continuous rally on the Dalal Street, which took the benchmark index Sensex to a high 17,578 points, saw seven out of the top 10 companies adding over Rs 420 billion to their valuation, with...
SAN FRANCISCO, Mar 21 (Reuters): An exit from China's search market could mark a setback not only for Google Inc's global business strategy but for a stock that has long been synonymous with virtually limitless growth opportunities.After nearly six years...
KARACHI, Mar 21 (Business Recorder): First Capital Equities Limited (FCEL), a local brokerage house, has announced to hold two-day "Pakistan Day Conference" in New York on March 22 and 23, 2010 to project Pakistan equity market internationally and to attract...
MUMBAI, Mar 21 (Economic Times): Stocks are likely to remain ranged in the coming days given the F&O expiry and a holiday-shortened week of trade. The market breadth has been positive since the Union Budget and the FIIs also have...
LONDON, March 21 (Bloomberg): Nickel may drop 8 per cent in the second quarter, eroding its lead as this year's best-performing metal, on concern that demand won't accelerate fast enough to drain stockpiles, a survey of analysts showed.Prices will average...
NEW DELHI, Mar 21 (PTI): Global coffee exports declined 9.3 per cent to 28.4 million bags in the first four months of the 2009-10 coffee year ending September, while shipments from India rose 32 per cent, the International Coffee Organisation...
Dubai, Mar 21 (PTI): Trade of natural pearls in Dubai has grown over 10 times monetarily in recent years and exports to India and Australia last year have contributed to this leap, the Dubai Pearl Exchange (DPE) has said. This...
NEW DELHI, March 21 (Bloomberg): India's central bank will probably raise interest rates again next month as the first increase in two years is only the initial step in the battle against inflation, BNP Paribas SA and Standard Chartered Plc...
NEW YORK, March 21 (Bloomberg): Hog futures fell for the third time this week on speculation that meatpacker demand in the US is shrinking as wholesale-pork prices slump. Cattle also dropped.Wholesale pork sank 2.7 per cent yesterday to 72.68 cents...
NEW DELHI, Mar 21 (PTI): Free-trade agreements with Australia and New Zealand would jeopardise India's problem- ridden domestic milk and its products sector, the Indian Dairy Association has said. "The proposed Free-Trade Agreements with Australia and New Zealand are being...
March 21, Sunday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction SundaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550094.6276104.71830.776065.928868.776764.0892Agrani Bank69.550094.4568104.65710.778365.880868.704563.8704FCBsStanChart69.6297.02106.960.7966.8869.7566.02HSBC 69.606596.7672106.31060.794366.276568.649264.3479Citibank naNANANANANANANABank of Ceylon69.540097.9497107.91480.800467.331569.602666.9323PCBsUttara Bank69.550094.9900104.90770.783365.695268.739564.0455AB Bank69.600095.7714105.80700.7872NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
United Nations chief Ban Ki-moon has pledged continued backing for Gazans living under a blockade, during a visit to reinvigorate the peace process, reports BBC. He told Gazans that "we stand with you" as he visited a neighbourhood damaged by...
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