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India to sell more rice, wheat at lower price

2010-05-07 00:00:00

NEW DELHI, May 6 (PTI): Concerned over the rising food inflation, the Indian government yesterday announced that it will sell wheat and rice through ration shops at a price lower than what it pays to procure from the market. Announcing...

Euro tumbles to 1.27 dollars

2010-05-07 00:00:00

LONDON, May 6 (AFP): The euro dived to the lowest level for more than one year today as deadly protests in debt-plagued Greece cast a shadow over the future of the eurozone and the single currency. At about 0700 GMT,...

Iraq to launch gas field auction

2010-05-07 00:00:00

BAGHDAD, May 6 (AFP): Iraq is set to call for bids from energy firms to develop its gas fields, the oil ministry said yesterday, as the war- ravaged country seeks new revenue sources to rebuild its battered economy. A report...

China to consider easing rules on US soy oil

2010-05-07 00:00:00

NEW YORK, May 6 (Bloomberg): China, the biggest user of cooking oils, may relax a barrier on imports of soybean oil from the US after it halted shipments from Argentina, three industry executives familiar with the matter said.The government today...

Oil rises in Asian trade

2010-05-07 00:00:00

SINGAPORE, May 6 (AFP): Oil was higher in Asian trade today after falling sharply in recent days, boosted by Japanese traders returning to the market following a long holiday, analysts said. New York's main contract, light sweet crude for June,...

Washington Post puts Newsweek up for sale

2010-05-07 00:00:00

WASHINGTON, May 6 (AFP): The Washington Post announced yesterday that it was putting money-losing Newsweek magazine up for sale. "Newsweek is a lively, important magazine and website, and in the current climate, it might be a better fit elsewhere," Washington...

Cambodian rice export lower

2010-05-07 00:00:00

PHNOM PENH, May 6 (Xinhua): Cambodia's rice exports were lower than expected due to problems in making connections with foreign customers, local media reported today, citing the industry sources. Phou Phuy, president of the Cambodian Rice Millers Association, was quoted...

exchange rate

2010-05-07 00:00:00

May 06 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 Bank69.550090.6015105.58290.742163.250268.206263.5930Agrani Bank69.550090.3881105.49170.744263.170068.050963.3140FCBsStanChart69.6294.38107.810.7765.3670.0565.58HSBC 69.572991.6794106.88830.757363.584468.222363.9721Citibank naNANANANANANANABank of Ceylon69.590094.4501108.68130.766865.862269.092566.6742PCBsUttara Bank69.550090.8886105.71800.748462.974768.076463.4587AB Bank69.600091.7641106.64730.7537NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Syndicated term loan facility worth US$ 114.49m for Biman

2010-05-07 00:00:00

FE ReportEastern Bank Ltd (EBL) has arranged a syndicated USD term loan facility of US$ 114.49 million for Biman Bangladesh Airlines Ltd. to finance Pre-Deliver Payment (PDP) to purchase two brand new Boeing 777-300ER aircrafts. The entire amount will be...

Hafiz re-elected Chairman of Pubali Bank

2010-05-07 00:00:00

Hafiz Ahmed Mazumder, MP was unanimously re-elected the Chairman of the Board of Directors of Pubali Bank Ltd Thursday.He was re-elected in the 766th Board Meeting of the bank held after 27th Annual General Meeting (AGM) on the day.Mr. Hafiz...

Pubali Bank okays 30 per cent stock, 5 per cent cash dividend

2010-05-07 00:00:00

FE ReportPubali Bank Limited approved 30 per cent stock dividend & 5 per cent cash dividend for its shareholders for the year ended December 31, 2009.The approval came at the 27th Annual General Meeting (AGM) of the bank held Thursday.Hafiz...

BRAC Bank launches 'Probashi Biniyog' for NRB investors

2010-05-07 00:00:00

FE ReportBRAC Bank Limited officially launched a new service whereby the Non-Resident-Bangladeshis (NRBs) can invest into the capital market of Bangladesh. The service, named 'Probashi Biniyog', was unveiled through a formal ceremony at a local hotel recently. 'Probashi Biniyog' is...

3-day laptop fair starts in Ctg

2010-05-07 00:00:00

Our CorrespondentCHITTAGONG, May 6: The three-day sixth Chittagong Laptop Fair started in the port-city Thursday with a call to 'light up the technological light'. Maker Communication has organised the fair at the Chittagong Gymnasium, adjacent to MA Aziz Stadium. City...

NBR to launch edn programme on tax return from July 1

2010-05-07 00:00:00

FE ReportThe National Board of Revenue (NBR) will launch a country-wide programme from July 1 to educate the taxpayers on submitting tax returns on their own and without the need of middlemen, revenue board chief said Wednesday. The board will...

Strong momentum into 2010

2010-05-07 00:00:00

FE ReportIn the first quarter of 2010, Telenor Group reported revenues of NOK 24 billion, representing an organic revenue growth of 3 per cent, said a press release of Telenor.The earnings before interest, taxes, depreciation and amortization (EBITDA) margin in...

Salt policy soon

2010-05-07 00:00:00

FE ReportThe national salt policy would be finalised soon for facilitating salt farmers and salt mill owners, Industries Minister Dilip Barua said Thursday.He called upon all to come forward in protecting the sector as a locally raw-material based industry and...

British voters cast ballots at boozer

2010-05-07 00:00:00

LONDON, May 6 (AFP): Some lucky London voters combined a trip to the polls with a stop in the pub Thursday, as they cast their ballots in one of the British general election's more unusual polling stations.Locals who would normally...

Clashes in Nepal as frustration grows at shutdown

2010-05-07 00:00:00

KATHMANDU, May 6 (AFP): Maoist protesters clashed with residents in the Nepalese capital Kathmandu Thursday as anger grew over a strike that has shut down much of the country for five days.The Maoist party, which has the largest number of...

news digest

2010-05-07 00:00:00

Kyi's party to be abolishedYANGON, May 6 : Myanmar democracy icon Aung San Suu Kyi's party, for two decades the symbol of resistance against the ruling junta, is to be dissolved at midnight Thursday under laws laid down ahead of...

Friday

2010-05-07 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- Kal Naginir Prem04:00 News05:00 Gram Ganger...

President for accomplishing war crimes trial speedily

2010-05-07 00:00:00

President M Zillur Rahman Thursday urged the International Crimes Tribunal to speedily accomplish the trial of war criminals for their misdeeds during the country's liberation war in 1971, reports UNB. The President made the appeal when a three-member delegation of...

Bangladesh team meets Indian power minister

2010-05-07 00:00:00

DELHI, May 6 (bdnews24.com): A Bangladesh delegation met the Indian Power Minister Sushil Kumar Shinde Thursday.The delegation, led by Prime Minister's Adviser Mashiur Rahman, came to India Tuesday to push for implementation of the Bangladesh-India joint communiqué that included a...

20 BNP activists hurt in factional clash in Sylhet

2010-05-07 00:00:00

SYLHET, May 6 (UNB): At least 20 party activists including a councillor were injured in a clash between two factions of city BNP here Thursday evening.The party activists also broke the camera of two local photographers of the two daily...

Tax evasion cases against ex-mayors may be revived

2010-05-07 00:00:00

FE ReportThe National Board of Revenue (NBR) is likely to revive two tax evasion cases against present and former mayors of Chittagong City Corporation.The NBR has initiated the move as time for collecting due tax will expire on June 30...

Govt attempts to streamline Upazila administration

2010-05-07 00:00:00

The government has decided to streamline the functions of Upazila administration, which are now being hampered because of the simmering rift between the chairman and the Upazila Nirbahi Officer (UNO) over who should have the real authority in running the...

Reforms in doubt as Indonesia loses finance star

2010-05-07 00:00:00

JAKARTA, May 6 (AFP): The surprise resignation of Indonesian Finance Minister Sri Mulyani Indrawati throws a cloud of uncertainty over the fight against corruption in Southeast Asia's biggest economy, analysts said today. Indrawati, 47, quit Wednesday to take the number-two...

Currency carry trade could spark next global crisis: UNCTAD

2010-05-07 00:00:00

GENEVA, May 6 (AFP): A top UN economist warned today that so- called carry trades-a form of speculation on the currency markets-could sink the global economy back into crisis. "If you asked me what is the most serious problem in...

US Senate votes to ban big bank 'bailouts'

2010-05-07 00:00:00

WASHINGTON, May 6 (AFP): Spurred by deep election-year voter anger, the US Senate voted yesterday to forbid government- funded bailouts of big banks those like those blamed for the global economic meltdown of 2008. In their first substantive vote on...

Greek crisis steals show at ECB meeting

2010-05-07 00:00:00

LISBON, May 6 (AFP): The European Central Bank holds one of its most important meetings ever today as governors try to prevent the Greek debt crisis from overwhelming other eurozone countries. "The main issue is not Greece per se but...

Qualifying Round of Asian Games Hockey begins in city today

2010-05-07 00:00:00

The Robi Asian Games Qualifying Hockey begins today (Friday) on the Maulana Bhasani National Hockey Stadium in the city with three matches scheduled for the opening day, reports UNB. Oman will play Honghong in the opening match at 10:00 am...