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HIGHLIGHTS

2010-02-05 00:00:00

Lift Kara De On SONY Ent TV (SET) Friday at 8-30 pm.How many times in life have you thanked that one person, who came at the right time to give the much required boost in your hindered existence? How often...

Padma Bhushan means more to me than Oscar and Grammy : AR Rahman

2010-02-05 00:00:00

After the Oscars and the Padma Bhushan, it's Grammy time for AR Rahman. On Sunday night, his music for Slumdog Millionaire won two Grammy awards, setting Rahman's global score even higher in 2010 than it was last year.Reacting to the...

Friday

2010-02-05 00:00:00

ATN Banglaam07:00 Sangbad07:30 Positive Bangladesh08:00 Sangbad08:15 Ajker Sangbadpatra08:30 Islam Ki Bole Amra Ki Kori09:00 News Bulletins09:30 Live South Asian Gams T-20 Cricket04:00 News05:00 Gram Ganger Sangbad06:00 News06:15 Amara Karbo Joy07:00 Sangbad08:00 Tatka National Dance Star09:20 Pashapashi10:00 Sangbad 10:40 Bibeker Kache...

West pushes for new sanctions against Iran

2010-02-05 00:00:00

The United States, Britain, France and Germany are exchanging ideas on a fourth round of UN sanctions against Iran for refusing to halt its nuclear enrichment program as demanded by the Security Council, reports Reuters.Iranian President Mahmoud Ahmadinejad has announced...

Chidambaram's Pakistan visit to raise dialogue hopes

2010-02-05 00:00:00

NEW DELHI, Feb 4 (AFP): India's announcement that its home minister will travel to Pakistan this month has raised hopes that the South Asian rivals are on course to resume a dialogue suspended after the 2008 Mumbai attacks. Home Minister...

UN expert criticises IMF loan to Haiti

2010-02-05 00:00:00

GENEVA, Feb 4 (AFP):A UN expert Thursday criticised the International Monetary Fund for giving Haiti a 114 million dollar loan, and called for the urgent cancellation of the island's debts.Cephas Lumina, the United Nations' independent expert on foreign debt and...

Tight security in Kashmir city over boy's killing

2010-02-05 00:00:00

SRINAGAR, Feb 4 (AFP): Indian authorities deployed thousands of police and detained top separatists in Kashmir's main city of Srinagar on Thursday to halt protests over the death of a Muslim boy.The 14-year-old child was struck by a teargas shell...

Lanka leader calls for unity after victory

2010-02-05 00:00:00

COLOMBO, Feb 4 (AFP): Sri Lankan President Mahinda Rajapakse on Thursday issued an independence day call for unity and reconciliation after his victory in a bitterly fought election.Rajapakse in an address to the nation said the island's freedom day assumed...

news digest

2010-02-05 00:00:00

Pakistan arrests 35 in US troops' deathsPESHAWAR, Feb 4 : Pakistani officials said Thursday they have arrested 35 suspects as part of their investigation into a bombing that killed three American soldiers and four Pakistanis Wednesday in northwest Pakistan."They are...

HK, China shares fall, profit-taking hit banks

2010-02-05 00:00:00

HONG KONG/SHANGHAI, Feb 4 (Reuters): Shares in Hong Kong and China weakened Thursday, as mainland banks succumbed to profit-taking, while concerns over more share supply weighed on the Shanghai stock market.Investors sold Hong Kong-listed Chinese lenders after the investment arm...

Toyota's $2b recall hit to keep it in the red

2010-02-05 00:00:00

TOKYO/WASHINGTON, Feb 4 (Reuters): Toyota Motor Corp expects costs and lost sales from its massive safety recall to total two billion dollars by the end of March, keeping it in the red for the year despite its strongest profit in...

VW to make India low-cost export hub

2010-02-05 00:00:00

NEW DELHI, Feb 4 (Economic Times): Volkswagen AG will make India a low-cost manufacturing hub catering to select export markets as Europe's largest carmaker tries to emulate the success of global rivals Hyundai Motors and Suzuki Motor Corp. Volkswagen will...

KSE index up 32.39 points

2010-02-05 00:00:00

KARACHI, Feb 4 (Business Recorder): Late buying in some select stocks at low levels on Wednesday supported the KSE-100 index to close in positive at 9,627.63 points level with a net gain of 32.39 points. After opening in positive, the...

Sony boosts outlook after first profit in Q5

2010-02-05 00:00:00

TOKYO, Feb 4 (Reuters): Sony Corp's results offered tangible proof a restructuring at the electronics maker is starting to pay off as it halved its annual loss forecast on a rebound in flat-TV business and cost cuts.Sony's first profit in...

Pfizer sees strong growth in China

2010-02-05 00:00:00

HONG KONG, Feb 4 (Reuters): Pfizer Inc, the world's biggest drugmaker, said it expects its China business to grow by at least 25 per cent this year and is forging partnerships to increase its share of the nation's fast-growing pharmaceuticals...

Axis PE top brass may buy fund, investors oppose move

2010-02-05 00:00:00

MUMBAI, Feb 4 (Economic Times): The managers of Axis Private Equity (PE) are looking at buying out the promoter Axis Bank - a move that has left some leading investors in the PE fund outraged.These investors, including large state-owned banks,...

China strives for first 'green' Expo

2010-02-05 00:00:00

SHANGHAI, Feb 4 (AFP): China, the world's number one emitter of greenhouse gases, aims to hold the first "green" World Expo in Shanghai, as the sprawling metropolis tries to shed its polluted past and become eco- friendly. With less than...

Emirates increases flight frequency to KL

2010-02-05 00:00:00

FE ReportEmirates, the international airline of the United Arab Emirates (UAE) increased its flight frequency between Dubai and the Malaysian capital Kuala Lumpur bringing the total number of non-stop flights weekly to 21, according to a press release.The service has...

Oil down in Asian trade, stay above 76 dollars

2010-02-05 00:00:00

SINGAPORE, Feb 4 (AFP): Oil prices extended losses in Asian trade Thursday on a weaker equities market and a build-up in US crude inventories, analysts said. New York's main futures contract, light sweet crude for delivery in March, fell 17...

Bill Gates Foundation to support cocoa farmers

2010-02-05 00:00:00

ABIDJAN, Feb 04 (Commodity Online): A Cocoa Livelihoods Programme (CLP) launched here with funding from Bill and Melinda Gates Foundation and 14 chocolate industry companies is expected to significantly improve the livelihoods of 75,000 cococa farmers in Coted'lvoire by 2014.The...

Cotton prices hit record high in Pakistan

2010-02-05 00:00:00

KARACHI, Feb 04 (Commodity Online): Cotton prices in Pakistan hit a new record high Wednesday when the physical business took place at Pak Rs 5,050 per maund.Analysts said due to shortfall of around 2.5 million bales, Pakistan's textile and spinning...

India likely to increase LPG, kerosene prices

2010-02-05 00:00:00

NEW DELHI, Feb 04 (Commodity Online): India is likely to increase natural gas, cooking gas and kerosene prices based on the recommendation by a committee which submitted its report Wednesday.Speaking to reporters here, India's Petroleum Secretary S Sundareshan said the...

exchange rate

2010-02-05 00:00:00

February 04,  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 Bank69.450096.9623110.77810.771865.927365.803061.5402Agrani Bank69.450096.7383110.66270.774265.854565.714861.2438FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.607098.5627112.72440.791966.477966.080862.2296Citibank naNANANANANANANABank of Ceylon69.540099.3475113.68660.795567.136566.171964.0811PCBsUttara Bank69.500097.3870111.07270.779465.747265.808861.5496AB Bank69.500098.5702112.33590.7829NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Fiscal performance gets stronger, MCCI says in its review

2010-02-05 00:00:00

FE ReportThe Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) Thursday said during the October-December FY10 quarter, the main challenge for monetary policy was to maintain stability in the domestic financial markets.Reviewing the economic situation of October-December 2009, the leading...

Orders worth Tk 6.7b booked at REHAB Fair in Ctg

2010-02-05 00:00:00

Pankaj DastiderCHITTAGONG, Feb 04: Realtors gained instant orders worth Tk 6.7 billion and further commitment of Tk 5.4 billion during the just concluded three-day REHAB fair in the port city.The developers and builders said they had received unexpected response from...

Two pvt firms get SEC nod to go public

2010-02-05 00:00:00

FE ReportTwo private companies --- Ocean Container Limited (OCL) and Khulna Power Company Limited (KPCL) --- got the Securities and Exchange Commission (SEC) nod to go public through direct listing Thursday. It also approved rights offers for Mercantile Bank at...

Make environ-friendly bricks: Dilip tells manufacturers

2010-02-05 00:00:00

FE ReportIndustries Minister Dilip Barua has called upon the country's brick manufacturers to make standard and environment-friendly bricks.The minister made the call in a meeting with leaders of brick manufacturing entities in the city Thursday.

NBR chief urges all to pay taxes for country's self-reliance

2010-02-05 00:00:00

FE ReportNational Board of Revenue (NBR) chairman Nasiruddin Ahmed Thursday urged all citizens to pay taxes properly in order to make the country self-reliant and a developed one.He said this at a motivation meeting on expansion of tax base and...

16 more ministries to be brought under MTBF

2010-02-05 00:00:00

Fazlur RahmanThe government will bring 16 more ministries and divisions under the mid-term budgetary framework (MTBF) over the next two years to achieve greater realism in their budget planning and strengthen their resources management, officials said.Currently, 32 ministries and divisions...

Workshop on "Dialogue between ICC and ICU at Branch Level"

2010-02-05 00:00:00

IFIC Bank Limited organised a day-long workshop on 'Dialogue between ICC and ICU at branch level' at the bank's academy in the city recently, said a press release.General Manager of the Department of Bank Inspection, Bangladesh Bank, Head Office Md...