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Asiatic Lab holds Annual Sales and Marketing Confce

2010-04-23 00:00:00

The Annual Sales and Marketing Conference-2010 of Asiatic Laboratories Ltd was at BIAM auditorium in the city Thursday, said a press release. Chairman of the company Tahmina Begum and Managing Director Monir Ahmed jointly inaugurated the conference. Around 600 officers...

China steel products exports rise

2010-04-23 00:00:00

BEIJING, Apr 22 (Commodity Online): China said Thursday its steel products exports increased by 69.5 per cent year on year but fell 2.0 per cent quarter on quarter to 8.71 million metric tons. In a statement issued here, China's Ministry...

exchange rate

2010-04-23 00:00:00

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 Bank69.550093.5791107.54910.757265.331169.925764.7253Agrani Bank69.550093.4344107.51570.758965.310469.917564.5937FCBsStanChart69.6296.26109.280.7867.3869.3965.87HSBC 69.608094.9149108.48510.769665.748370.185665.5637Citibank naNANANANANANANABank of Ceylon69.620095.2845109.17370.774666.539270.744867.6846PCBsUttara Bank69.550094.6267107.06610.765765.515968.936364.8487AB Bank69.600094.7574108.65440.7677NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali Bank68.600091.3756105.53040.731763.779768.270763.1719Agrani Bank68.600091.5280105.55860.728263.762268.371263.4785FCBsStanChart68.6290.63103.460.7362.9966.9362.05HSBC...

Thai protesters preparing for imminent battle in central Bangkok, agree to release military train

2010-04-23 00:00:00

BANGKOK, Apr 22 (agencies): The anti-government red-shirted protesters in Thailand's northeast province of Khon Kaen Thursday's afternoon agreed to release their blockade of the military train bounded for reinforcement in southern Thailand, the website of The Nation's newspaper reported.Hundreds of...

Kyrgyzstan to hold election on Oct 10

2010-04-23 00:00:00

BISHKEK, April 22 (AFP): Kyrgyzstan's interim government set a date for parliamentary and presidential elections, stepping up efforts to build legitimacy after the country's ousted president fled into exile.The elections will be held on October 10, said Omurbek Tekebayev, deputy...

Pak panel asked to grant India 'Most Favoured Nation' status

2010-04-23 00:00:00

ISLAMABAD, Apr 22 (PTI): Pakistan government should consider granting India the 'Most Favoured Nation' status to exploit the huge trade potential as free trade relations with it will enable the country to achieve higher and more equitable GDP growth, an...

Iran starts military drill in Persian Gulf

2010-04-23 00:00:00

TEHRAN, April 22 (Xinhua): Iran began a large-scale military exercise in the Persian Gulf and the Strait of Hormuz Thursday, local satellite Press TV reported.To show the country's defensive capabilities and determination to maintain security in the region, the Islamic...

European airspace reopens

2010-04-23 00:00:00

LONDON, April 22 (Xinhua): Europe's airspace is now quickly returning to normal business as about 80 percent of scheduled flights took off Wednesday and 100 percent expected for Thursday.With the Icelandic volcano at the source of this historic travel disruptions...

Change in banking sector a must for rapid industrialisation: Dilip

2010-04-23 00:00:00

FE ReportA far-reaching change in the banking sector including dropping of bank loan interest to single digit is a must for rapid industrialisation of the country, Industries Minister Dilip Barua said Thursday.He said banks give priority to product importers and...

IFIC Bank holds basic course for cash, IT officers

2010-04-23 00:00:00

IFIC Bank Ltd organised a two-day 'Basic course for cash/computer officers' recently.Senior Executive Vice President and Head of Training and Research Zaitun Sayef inaugurated the course at IFIC Bank Academy at Motijheel in the city.A total of 39 cash officers...

Pubali Bank donates Tk 0.5m to Sena Sahayak School

2010-04-23 00:00:00

Pubali Bank Ltd has donated Tk 0.5 million (5.0 lac) to Sena Sahayak School, an institute run under the patronisation of Sena Paribar Kalyan Samiti for the well-being of children with special needs, said a press release. Chairman, board of...

ICB AMCL announces NAV of two unit funds

2010-04-23 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 two of its unit funds recently, said a press release.The total NAV of ICB AMCL Unit Fund stood...

Robi brings Per Second Pulse for prepaid customers

2010-04-23 00:00:00

Robi, a leading telecommunication service provider in the country, is introducing an attractive offer for its prepaid customers.The new offer, based on per second pulse, facilitates the pre-paid customers with a tariff of 2 paisa/sec from 12 am to 5...

Hamim receives Mirror-Robintex business award

2010-04-23 00:00:00

AM Hamim Rahmatullah, managing director and CEO of Singer Bangladesh Limited and vice president of Singer Asia Limited, has received a 'The Financial Mirror-Robintex Business Award-2009-2010' recently.Industries Minister Dilip Barua formally handed over the award to Mr AM Hamim at...

Frozen food exports may fall short of target

2010-04-23 00:00:00

Monira MunniThe country's frozen food exports might fall short of target by 20 per cent in the current fiscal year as the sector output has been badly hit by cyclone Aila and Sidr, industry people fear.The export frozen food, mainly...

PGCB signs deal with Siemens for building 230kV GIS substation

2010-04-23 00:00:00

Power Grid Company of Bangladesh (PGCB) has recently signed an agreement with Siemens Energy Sector for constructing of 230/132/33kV gas insulated substation to be located at Old Airport in the city, according to a press release.Approximate contract value at Tk...

SAP India to expand business in Bangladesh

2010-04-23 00:00:00

FE ReportSAP India Pvt Ltd, the world's leading business software company Wednesday announced its plans to expand footprint in Bangladesh, focusing the country's rapid growing telecom industry.Bangladesh being one of the top mobile phone markets in the Asia-Pacific region, have...

Essential Drugs signs deal with Popular Infusions

2010-04-23 00:00:00

Essential Drugs Company Limited (EDCL), the only state-owned pharmaceuticals manufacturer of the country, has signed a 'Toll Manufacturing Agreement' with Popular Infusions Limited (PIL) in the city Wednesday, according to a press release.EDCL Director (Operations) Md Feroze-ul Alam and PIL...

Long-term economic impact will be minimal: experts

2010-04-23 00:00:00

Europe's volcanic ash cloud is disrupting car production and the tourism industry as well as causing chaos for passenger and cargo air traffic, but the long-term impact on the European economy is likely to be minimal, economists and businesspeople said...

First Security Bank holds managers' conference

2010-04-23 00:00:00

The branch managers' conference of First Security Islami Bank Limited (FSIBL) was held at a city hotel recently.Managing Director of the bank AAM Zakaria presided over the conference, said a press release. Among others, FSIBL Deputy Managing Director Md Abdul...

Women entrepreneurs get 30pc of SME loan: BWCCI

2010-04-23 00:00:00

FE ReportBangladesh Women Chamber of Commerce and Industry (BWCCI) said women entrepreneurs received only 30 per cent of the small and medium enterprise (SME) loan allotted for them under the specialized fund of the Bangladesh Bank.It said central bank has...

New EC, audit committee chairmen of SIBL

2010-04-23 00:00:00

FE ReportAbdul Awal Patwary and Kamaluddin Ahmed have been elected executive committee (EC) chairmen of Social Islami Bank Limited (SIBL) in its 215th board of directors meeting held recently.The meeting has also elected Maj (rtd) Dr Rezaul Haque as chairman...

Frozen food

2010-04-23 00:00:00

Continued from page 9known as 'gher', due to lack of adequate financial and other supports.During the last few months, exports of the frozen food to the US market dropped significantly as exporters were facing stiff competition from other suppliers form...

IPO Diary

2010-04-23 00:00:00

RAK Ceramics (Bangladesh) LimitedNature of BusinessThe core business of RAK Ceramics (Bangladesh) Limited is to manufacture and sell of tiles and sanitary wares. The company has over 1000 models active in the ceramic and porcelain tiles business and regularly adds...

Secularism does not preclude religion: PM

2010-04-23 00:00:00

Prime Minister Sheikh Hasina has expressed her and her government's strong commitment to ensuring religious freedom and the dignity of each and every person, asserting her present government's belief in secularism does not preclude religion."Secularism does not mean not believing...

Govt urged to take effective steps for combating dropout rates in schools

2010-04-23 00:00:00

Speakers at a roundtable urged the government to take comprehensive measures to ensure primary education for the children, by combating the dropout rates of school-going children.They said that 55 per cent of the children, mostly from ethnic or marginalized communities,...

Govt, IOM move to bring back stranded migrants from Liberia

2010-04-23 00:00:00

FE ReportThe government and the International Organisation for Migration (IOM) have beefed up efforts to repatriate stranded Bangladeshis in Liberia, officials said Wednesday, after discovering that eight recruiting agencies were involved in sending them abroad.Some 36 Bangladeshi workers were detained...

Two killed in Rajshahi road crash

2010-04-23 00:00:00

RAJSHAHI, Apr 22 (UNB): Two people were killed and 10 others injured in a head-on-collision between a bus and a truck at Zhalmolia under Puthia Upazila on Rajshahi-Natore highway early Thursday.One of the deceased was identified as Haider Ali, driver...

KG Mustafa's chehlum today

2010-04-23 00:00:00

The chehlum of KG Mustafa, language movement veteran, renowned journalist and former ambassador, will be held today (Friday) after Asr prayer at his residence 'Elora' 5/7, Sir Syed Road, Block-A, Mohammadpur in the city, reports UNB.A milad mahfil has also...

Criminal held with pistol in city

2010-04-23 00:00:00

FE ReportBravery of a 23-year-old college student helped the arrest of a criminal who was running away by spraying bullets on the chasers at West Monipur in the capital Thursday, police said.Walid Ibne Siddique alias Shawon, a second year student...