FE Today Logo

Search results for:


Oil drops for second day as dollar gains, China equities fall

2010-03-16 00:00:00

SINGAPORE, March 15 (Bloomberg): Crude oil declined for a second day as the dollar gained, curbing demand for most commodities as a currency hedge, and before this week's OPEC meeting in Vienna.The dollar index, which tracks the US currency against...

Gold edges up above $1104 in Asia

2010-03-16 00:00:00

SINGAPORE, Mar 15 (Commodity Online) : Gold prices recovered in Asian trade Monday, after hitting two week low last week, as equity markets eased.Gold for immediate delivery was seen trading at $1104.01 an ounce at 11.30 a.m Singapore time while...

Palm oil declines to lowest level in almost two weeks

2010-03-16 00:00:00

SINGAPORE, Mar 15 (Bloomberg): Palm oil dropped for a third day to the lowest level in almost two weeks as crude oil fell and on concerns record soybean supplies from South America will reduce the need for substitutes.May-delivery futures lost...

Walton offers to provide consumers with low priced quality product

2010-03-16 00:00:00

FE ReportWalton, the popular electronic home appliance brand of RB Group, has made another step forward to meet its commitment to provide consumers with low priced quality product.Walton launched the offer at a seminar in the city Sunday."Now consumers can...

exchange rate

2010-03-16 00:00:00

March 15, Monday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction MondaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550095.9836105.68740.775065.916468.682163.8446Agrani Bank69.550095.8617105.65170.777365.899468.610463.6687FCBsStanChart69.6296.65106.340.8166.3368.7764.27HSBC 69.611096.3914105.62160.793265.595867.136364.1600Citibank naNANANANANANANABank of Ceylon69.540098.2766107.11510.797867.000768.960765.9865PCBsUttara Bank69.550096.3664105.92050.782265.701368.638263.8359AB Bank69.600097.0910106.77230.7862NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Double-blast suicide bomber kills 8 in Iraq

2010-03-16 00:00:00

FALLUJAH, Mar 15 (AFP): A double-blast suicide bomber targeting a military checkpoint and labourers killed eight people Monday in the former Sunni rebel bastion of Fallujah, Iraqi police and medics said.Twenty-eight other civilians were wounded in the blasts, which occurred...

Thai PM rejects protesters calls to dissolve govt

2010-03-16 00:00:00

Thailand's prime minister says his government will not give in to the demands of tens of thousands of anti-government protesters who want parliament dissolved, reports Internet. Speaking on national television Monday, Abhisit Vejjajiva said members of his coalition government agreed...

US wants Israel to cancel building plan

2010-03-16 00:00:00

JERUSALEM, Mar 15 (AP): Israeli officials said Monday that the US is pressing Israel to scrap a contentious east Jerusalem building project whose approval has touched off the most serious diplomatic feud with Washington in years.Tensions in the city at...

Sarkozy's right-wing UMP facing election defeat

2010-03-16 00:00:00

Nicolas Sarkozy's centre-right UMP party appears to be heading for defeat in French regional elections, reports BBC. Initial results suggest the opposition Socialist party has taken a strong lead in the first round of voting. The outcome will be a...

Indian missile shield test fails

2010-03-16 00:00:00

BHUBANESWAR, India, Mar 15 (AFP): India's homegrown interceptor defence shield developed to detect and destroy incoming ballistic missiles failed during a test Monday, military officials said.The test was abandoned when the radars following the target, a nuclear-capable missile, lost track...

news digest

2010-03-16 00:00:00

Tropical cyclone slams FijiTropical Cyclone Tomas battered Fiji's northern islands Monday evening with gusts of up to 275 km/h (170 mph) and heavy rain, but weather officials had not received immediate reports of damage. The Category 4 storm is the...

Govt-WB identifies Kaliakoir as first site for economic zone

2010-03-16 00:00:00

The government and the World Bank (WB) have identified Kaliakoir of Gazipur as the first site for an economic zone, reports BSS.The proposed economic zone would be turned into a hi-tech industrial park and other potential areas including existing export...

Singer Plus special sales campaign kicks off today

2010-03-16 00:00:00

FE ReportSINGER Plus is going to launch its special sales promotion campaign titled 'Discount Bahu Gune, Summer Tour London-e' from today (Tuesday) across the country.Under the sales promotion campaign, each week two lucky buyers of fridge/freezer, television, airconditioner, IPS and...

HSBC awarded AAA rating for third consecutive year

2010-03-16 00:00:00

FE ReportHSBC Bangladesh received 'AAA' rating for the third consecutive year from Credit Rating Agency of Bangladesh Ltd (CRAB). 'AAA' is the highest rating awarded by CRAB which is given to banks with extremely strong capacity to meet their financial...

WB country director visits CEPZ

2010-03-16 00:00:00

Our CorrespondentChittagong, Mar 15: The World Bank country director Allen Goldstein here today said that it does not meddle in matters of Bangladesh rather is working as investment and development associate.She said this while visiting the Chittagong Export Processing Zone...

Pubali Bank shifts Batiaghata branch

2010-03-16 00:00:00

Pubali Bank Limited has shifted its Batiaghata branch, Khulna, to a new premises with a view to providing best and modern banking services.Pubali Bank Director and Audit Committee Chairman Ahmed Shafi Chowdhury inaugurated the new premises recently.Managing Director Helal Ahmed...

Bashundhara Housing fair begins in city

2010-03-16 00:00:00

FE ReportThe two week-long "Bashundhara Abasan Mela 2010" (Bashundhara Housing Fair) began at Bashundhara City Monday.Managing Director of the Bashundhara Group Sayem Sobhan inaugurated the fair as the chief guest.Housing plots and ready apartments of different housing and ready structure...

Regional Credit Officer - South Asia of StanChart in city

2010-03-16 00:00:00

Peter Warbanoff, Regional Credit Officer - South Asia of Standard Chartered Bank has arrived in the city Monday on a two day official visit to Bangladesh. He is also Country Chief Risk Officer of India. In his career with Standard...

SME Foundation gets new Managing Director

2010-03-16 00:00:00

Syed Rezwanul Kabir has been appointed the new Managing Director (M D) of Small & Medium Enterprise (SME) Foundation Monday. Mr. Kabir held many important and high profile position both home and abroad and has 20 years of professional experience....

Direct air route between Dhaka, Hanoi proposed

2010-03-16 00:00:00

FE ReportNguyen Van That, Ambassador of Socialist Republic of Vietnam called on Dhaka Chamber of Commerce and Industry (DCCI) President Abul Kasem Khan at DCCI Monday.During the meeting they discussed on bilateral trade between Bangladesh and Vietnam.DCCI President said that...

More involvement of women for development of SME suggested

2010-03-16 00:00:00

Speakers at a seminar in the city Monday suggested involvement of more women for development of small and medium enterprises in the country, reports BSS. "Women entrepreneurs should give priority to bring woman in production for womens' empowerment and gender...

Katalyst, BJMA & BJSA sign MoU to boost mill productivity

2010-03-16 00:00:00

A memorandum of understanding (MoU) was signed among Katalyst, Bangladesh Jute Mills Association (BJMA) and Bangladesh Jute Spinners Association (BJSA) in the city recently, said a press release.James Blewett, general manager, Katalyst, Najmul Huq, chairman, BJMA and Ahmed Hossain, chairman,...

New president of BCCAMEA

2010-03-16 00:00:00

FE ReportRafez Alam Chowdhury has been elected President of Bangladesh Corrugated Carton and Accessories Manufacturers and Exporters Association (BCCAMEA), says a press release.The announcement came at the 19th Annual General Meeting (AGM) of the association held at a city hotel...

ICB AMCL announces NAV of eight mutual funds

2010-03-16 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 its eight mutual funds recently, said a press release.The total NAV of ICB AMCL First Mutual Fund stood...

IPO Diary

2010-03-16 00:00:00

Icb Amcl Third Nrb Mutual Fund NameICB AMCL Third NRB Mutual FundNature of the fundClose-end Mutual Fund of 10 (Ten) years tenureSubscription OpensMarch 28, 2010Subscription ClosesApril 01, 2010For Non Resident BangladeshiMarch 28, 2010 to April 10, 2010Offer PriceTk. 10.00 per...

Tuesday

2010-03-16 00:00:00

TN Banglaam07:00 Sangbad07:30 Positive Bangladesh08:15 Ajker Sangbadpatra08:30 Drama Serial- Mike09:00 News Bulletins09:15 Drama - Jolkona10:00 Sangbad10:30 Hello Bangladesh11:15 Asian City Top Spin12:00 Sangbad Bulletins12:15 Shornali Shadakalo01:00 Sangbad Bulletins01:25 Atn Music02:00 Sangbad02:30 Drama Serial -03:00 Sangbad03:15 Mega Serial-O Amar Chokkhu Nai03:45...

Trial of BDR rebels under 36th battalion begins at special court

2010-03-16 00:00:00

Trial of the BDR rebels under the 36th battalion and its affiliated units began Monday at the special court-5 at the Darbar Hall of the Pilkhana headquarters, reports UNB.As the court sat at 10:15 am, complainant Naik Subedar Giasuddin presented...

President for ensuring proper infrastructure facilities at private universities

2010-03-16 00:00:00

President Zillur Rahman urged the authorities of private universities to ensure proper infrastructure facilities for their students alongside maintaining requisite standard of education."The universities must ensure proper educational environment with world-standard curriculum," he said.The President was presiding over the first...

Gen Abdul Mubeen spends busy day in Delhi

2010-03-16 00:00:00

NEW DELHI, Mar 15 (BSS): The visiting Bangladesh Chief of Army Staff General Mohammad Abdul Mubeen began his official engagements here Monday by placing a wreath at the Aamar Jawan Jyoti (AJJ) at the India Gate, in memory of the...

Nurul Alam appointed Oman ambassador

2010-03-16 00:00:00

Nurul Alam Chowdhury has been appointed Bangladesh ambassador to Oman, reports UNB.Mr Chowdury was born in 1945 in Fatikchhari Upazila of Chittagong. He was elected Member of Parliament (MP) in 1973 and 1986 with Awami League ticket.He holds a post...