Geoff DyerThe most talked-about television programme in China at the moment is a soap opera called Snail House, which offers the viewer sex, corruption and political intrigue. Really, however, it is all about house prices.One character becomes the mistress of...
Bangladesh made a routine payment of $485 million to the Asian Clearing Union (ACU) Thursday against imports during November-December last year, central bank officials said. The payment pushed the foreign exchange reserve down to $10.04 billion on the day from...
FE ReportThe rapid economic growth experienced by Bangladesh and other developing countries in the Asian region in the recent past has failed to secure socioeconomic equity in the region over the time; a panel of top economists observed Thursday. As...
WASHINGTON, Jan 6 (AFP): US officials expressed dismay Tuesday after Taiwan's parliament resumed a ban on certain US beef imports over fears about mad cow disease. "We are deeply disappointed with the decision by Taiwan's Legislative Yuan to amend the...
MUMBAI, Jan 6 (Bloomberg): Soybean meal supplies from India, Asia's biggest exporter, dropped 41 per cent in the three months ended December, as a surge in local seed prices prompted buyers to shift to South American supplies, a processors' group...
January 06, Wednesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Wednesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500100.2079111.26550.763067.261567.261563.7807Agrani Bank69.4500100.0163111.21580.766067.426967.216263.5773FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.6305100.9102113.54160.782767.649466.750263.0006Citibank naNANANANANANANABank of Ceylon69.5400102.0665114.03430.784068.756267.837366.3620PCBsUttara Bank69.5000100.6336111.54740.770867.298467.286763.7902AB Bank69.6000101.9811112.98110.7755NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
MUZAFFARABAD, Jan 6 (AFP): A bomb attack killed three security personnel outside an army base in Pakistani-administered Kashmir close to the line separating it from Indian territory Wednesday, police said.The attack came one day after Pakistani President Asif Ali Zardari...
The UK and France have reopened their embassies in Yemen, after they were closed earlier this week in response to a possible al-Qaeda threat, reports BBC.The British embassy said its public services still remained closed, and that the security situation...
China's ambassador to the United Nations, Zhang Yesui, has said the time is not right to consider more sanctions against Iran, reports BBC.The UN Security Council, including China, has previously called for Iran to stop enriching uranium and has issued...
Israeli army confirms killing of one Palestinian in airstrikeRAMALLAH, Jan. 6 : Israel Defense forces (IDF) Wednesday confirmed that one Palestinian operative was killed and three additional operatives were injured in its airstrike on Gaza strip. The Israel Air Forces...
Jasim Uddin Haroon The country's cement manufacturers see Myanmar as potential destination for their products as huge development work is taking place in the states close to Bangladesh-Myanmar border.One local cement-maker-Premier Cement-has already started shipment of the building material to...
Standard Chartered Bank has recently signed an agreement with TVS Autos Bangladesh Limited, according to a press release.Standard Chartered Bank Head of Marketing and Alliances Gitanka D Datta and TVS Autos Bangladesh Chief Operating Officer Reaz Ahmed signed the agreement...
FE Report Former American presidential candidate Senator John Kerry has lauded Bangladeshi businesses for steps to set up solar panel assembly plants, describing the move as "life-altering" for the nation.He said the international community should offer "right incentives" to foster...
City Bank has opened its 9th SME service centre at Jatrabari in the city Wednesday with online SME and retail banking and foreign remittance services, according to a press release.City Bank DMD (Operations) Raihan Ul Ameen inaugurated the SME service...
FE ReportAs part of its CSR (corporate social responsibility) activity, Prime Bank Ltd has donated a microbus to Faujderhat Cadet College for emergency use by teachers and students of the college.Former cadet of Faujderhat Cadet College M Ehsanul Haque, managing...
FE Report Hongkong and Shanghai Banking Corporation in Bangladesh (HSBC) has taken part in the REHAB Fair 2010 with a range of products, said a press release. HSBC will be present in the fair with its stall # 67A, until...
Fazlur RahmanThe ongoing housing fair in the capital has already drawn ample attention of prospective buyers particularly from the middle-income group thanks to various discount offers on plots and apartments, organisers said Wednesday.As a strategy to woo prospective buyers, most...
Doulot Akter MalaThe government has moved again to look into the financial irregularities, taking place in 20 income tax offices during the period of 1977-78 to 1985-86, which caused a substantial amount of loss in revenue to the national exchequer.The...
Mashiur RahamanThe first phase of a joint venture to make fabric and garments for the Japanese clothing giant 'Uniqlo casual clothing chain' in Bangladesh is expected to take shape early this year, company source said.The Japanese 'Fast Retailing Co,' mostly...
FE ReportTwo companies out of 236 listed with the Dhaka Stock Exchange (DSE) have defaulted on holding annual general meetings (AGMs). The companies are Delta Life Insurance and Quasem Silk Limited, according to DSE officials.The last AGMs of Quasem Silk...
FE Report Walton, a brand of RB Group, opened its pavilion at the Dhaka International Trade Fair (DITF)-2010 in the city recently, said a press release. Noted novelist Imdadul Haque Milon inaugurated the pavilion along with RB Group Adviser Mizanur...
The cabinet Wednesday discussed the upcoming India tour of Prime Minister (PM) Sheikh Hasina with regional peace and plenty on top of her agenda, apart from talks on major bilateral issues, reports UNB. When she takes her trip to New...
UK Minister for Communities and Local Government John Denham Wednesday said establishing a strong democratic system as well as instrumental arrangements could attract more foreign investment in Bangladesh, reports UNB.Addressing a pre-departure news conference at Bay's Galleria he said developing...
Main opposition BNP will stage countrywide black-flag protests on January 11 to observe the day as 'Black Day" as they say this day in 2007 emergency rule was imposed violating the country's constitution and disrupting the democratic process, reports UNB.A...
President Zillur Rahman has urged the newly formed Information Commission to play an active role in ensuring the rights and welfare of the people. The President made the appeal while Chief Information Commissioner M Azizur Rahman submitted the first annual...
FE ReportBangladesh Jatiyo Biddut Sramik Kormochari Union protested the mass transfer of workers to different parts of the country, a press release said Wednesday.The Union held a meeting recently in the city protesting the transfers claiming that it was done...
Our CorrespondentJESSORE, Jan 06: At least 15 leaders and activists of Islami Chhatra Shibir were injured in an attack allegedly carried out by the activists of Awami League backed Chhatra League on Wednesday morning. Of the injured 4 were admitted...
The Ministry of Education is likely to introduce centre examinations at class eight in November next to ensure quality education for all, a ministry source said here Wednesday, reports BSS. Like last year's primary centre exams, it will be held...
Our Correspondent CHITTAGONG, Jan 6: Karnaphuli Shipyard Ltd (KSL), a private ship builder, is manufacturing the country's first ever dredger for the state-owned Bangladesh Inland Water Transport Authority (BIWTA).The dredger, involving a making cost of Tk 600 million (60 crore)...
FE ReportThe police held three suspects soon after a security guard of an under-construction building was gunned down at Pallabi in the city Wednesday.The victim, Sultan Ahmed (55), was a security guard at House-20, Road No 27 in Mirpur Section-...
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