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Fate of city high-rises hinges on review body recommendations

2010-01-05 00:00:00

Fazlur RahmanThe private real estate developers have to wait until a review committee submits its findings on whether the realtors would be allowed to build over 10 floors in Dhaka, officials said Monday.The news came following the realtors' allegation that...

Mongla port earns operational profit

2010-01-05 00:00:00

Sheikh Shahariar ZamanThe Mongla port, with its increased cargo handling activities, has started earning operating profit since September last. In the last four months of 2009, the port earned Tk 33 million operating profit."Not a single ship visited the port...

BCL founding day revelry disrupts city traffic flow

2010-01-05 00:00:00

FE ReportThe city's traffic movement was seriously disrupted midday Monday, as a procession of Bangladesh Chhatra League (BCL) paraded major streets in celebration of its 62nd founding anniversary.Nearly 12 thousands BCL activists started the procession from Shahbagh crossing at about...

Govt spends 29 pc of ADP in six months

2010-01-05 00:00:00

FHM Humayan KabirThe government spent only 29 per cent of the annual development programme (ADP) budget during first half of the current fiscal, some six percentage points higher than the corresponding period last year, officials said Monday."The project executing agencies...

Healthcare, crimes and questions galore

2010-01-04 00:00:00

Fazal M. KamalIT was supposed to be the crowning glory of his first year in the exalted office. He had put himself -- and his word, pledge, name, credibility -- all the way behind health care reform, once declaring that...

Indian cos listed on US bourses gain $70b in 2009

2010-01-04 00:00:00

NEW YORK, Jan 3 (PTI): Indian companies listed on the American bourses notched up handsome gains in 2009 as their aggregate valuation scaled upward by USD 70 billion with stock markets worldwide rallying substantially in the year.The market capitalisations of...

GTCL earns pre-tax profit of Tk 2.84b

2010-01-04 00:00:00

FE ReportThe Gas Transmission Company Limited (GTCL) has announced a pre-tax profit of Tk 2.84 billion (Tk 284.09 crore) and earned Tk 4.18 billion (Tk 418.61 crore) revenue in 2008-09 fiscal year.The year's profit was 4.01 per cent higher than...

TSE to launch new trading system on Jan 4

2010-01-04 00:00:00

TOKYO, Jan 3 (Reuters): The Tokyo Stock Exchange (TSE), Asia's largest equities bourse, said it would go ahead with the launch of its new trading system as planned Monday after running final checks.The new system will be able to process...

Shinsei, Aozora may see merger delay

2010-01-04 00:00:00

TOKYO, Jan 3 (Reuters): Shinsei Bank and Aozora Bank may have their planned merger delayed, due to difficulty integrating systems and depending on the outcome of an inspection by Japan's financial regulator, the Nikkei newspaper said.The two mid-size lenders have...

Foreign investors' interest reviving at KSE

2010-01-04 00:00:00

KARACHI, Jan 3 (Business Recorder): Foreign investors' interest at the local equity market revived with a fresh inflow of $34.44 million ($38 million currency adjustment) in the calendar year 2009 against a massive net foreign selling of $446 million in...

Maruti crosses 0.1m retail sales in Dec 2009

2010-01-04 00:00:00

NEW D ELHI, Jan 3 (PTI): The country's largest carmaker, Maruti Suzuki (MSI), has become the first auto company in India to cross the 0.1 million retail sales in a month milestone, clocking 1,00,874 units sales in December 2009."This has...

2009: Commodities see biggest gains in 36 yrs

2010-01-04 00:00:00

Commodities Thursday sealed their biggest annual gain since the 1973 oil crisis, with most markets lifted by a mix of an unexpectedly quick demand recovery, some supply anxiety and a falling dollar.The bellwether Reuters/Jefferies CRB index climbed about 24 per...

Egypt to intensify gold, oil, gas exploration in 2010

2010-01-04 00:00:00

JOHANNESBERG, Jan 03 (Commodity Online): Egypt plans to invest nearly USD two billion in 2010 towards exploration of oil and gas in the new oil fields in various parts of northern, southern and western Egypt.The Egyptian Ministry of Petroleum has...

India eyeing Gulf market for horticultural export

2010-01-04 00:00:00

BANGALORE, Jan 3 (PTI): India is planning to organise horticulture fairs to showcase a variety of its produce in the Gulf region to boost exports, Union Minister of State for Agriculture K V Thomas said Saturday. The Gulf offers a...

China's petrochemicals import to rise in long run

2010-01-04 00:00:00

BEIJING, Jan 03 (Commodity Online): China may become dependent on petrochemicals import in the long run as it plans short term measures to curb over-capacity, according to a new analysis by Business Monitor International (BMI).In first half of 2009, ethylene...

US east faces freeze, Florida oranges threatened

2010-01-04 00:00:00

WASHINGTON, Jan 3 (Bloomberg): The US East Coast faces the coldest night of the season as frigid air spills south and threatens agriculture in Georgia, Alabama and the orange crop in Florida.Freeze warnings were posted by the National Weather Service...

Silver investment looks bullish in 2010

2010-01-04 00:00:00

As was to be expected, action in the precious metals markets was rather slow over the holiday week. Gold saw little movement, while silver actually posted a few gains last week as the US dollar weakened.We can expect trading to...

Turmeric hits 4.0pc upper circuit

2010-01-04 00:00:00

MUMBAI, Jan 03 (moneycontrol.com): Spices ended the session with smart profit as on National Commodity and Derivatives Exchange (NCDEX) Thursday. Turmeric and cumin seed futures extending morning session's gains marked significant profit towards the end with turmeric futures breaching four...

exchange rate

2010-01-04 00:00:00

January 03, Sunday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Sunday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500100.0125112.60230.754267.495666.366162.6430Agrani Bank69.450099.8149112.52150.756867.439866.305962.4314FCBsStanChart69.60101.60112.510.7868.4967.5562.99HSBC 69.5605101.4182112.92930.792967.649466.699562.0474Citibank naNANANANANANANABank of Ceylon69.5400101.8301115.34860.775068.573166.756364.7417PCBsUttara Bank69.5000100.3403110.88430.768966.974666.720862.2476AB Bank69.6000101.7649114.32150.7668NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

HIGHLIGHTS

2010-01-04 00:00:00

Over Her Dead BodyOn STAR Movies Monday at 7:00 pm In Los Angeles, Henry is a veterinarian whose fiancée Kate dies in a car crash the day they're to marry. Worried that Henry has closed off his social life, his...

Shilpa Shetty may hold marriage reception in House of Commons

2010-01-04 00:00:00

LONDON, Jan 3: Bollywood actress Shilpa Shetty has chosen the House of Commons as the venue for her UK wedding celebration this week, say sources.The Celebrity Big Brother star tied the knot with jewellery tycoon Raj Kundra in Mumbai in...

Monday

2010-01-04 00:00:00

ATN BanglaAm07:00 Sangbad 07:30 Positive Bangladesh08:00 Sangbad08:15 Ajker Shongbadpotro08:30 Drama Serial- Projapoti Mon09:00 News Bulletins09:10 Kande Amar Ma09:15 Tatka National Dance Star10:00 Sangbad10:30 Talk show - Hello Bangladesh11:00 Sangbad 11:05 Asian City Vision 202011:30 Notun Chobir Gan12:00 Sangbad Bulletins12:15 Motamot01:00...

Tajikistan quake leaves 10,000 without shelter

2010-01-04 00:00:00

DUSHANBE, Jan 3 (AFP): An earthquake in the Pamir mountains of Tajikistan has destroyed hundreds of homes, leaving some 10,000 people without shelter in the dead of winter, officials said Sunday."According to preliminary information, 300 houses have been destroyed," a...

Pakistan backlash as death toll in volleyball bombing rises to 99

2010-01-04 00:00:00

PESHAWAR, Jan 3 (AFP): Pakistan authorities faced a furious backlash Sunday over security and medical failures after a suicide bomber killed 99 people at a volleyball match in one of the country's worst attacks.Police rounded up dozens of suspects and...

Singh admits climate talks a let-down

2010-01-04 00:00:00

NEW DELHI, Jan 3 (AFP): Indian Prime Minister Manmohan Singh, who successfully fought against binding caps on emissions at the Copenhagen climate talks, admitted Sunday that all parties involved were unhappy with the results.Singh told a science conference in the...

Afghan House delivers blow to Karzai on cabinet

2010-01-04 00:00:00

KABUL, Jan 3 (AFP): Afghan President Hamid Karzai suffered a new blow to his authority with the rejection by parliament of most of his choices for cabinet, further prolonging political crisis in the war-ravaged country.Of the 24 people Karzai put...

news digest

2010-01-04 00:00:00

Malaysian govt to appeal 'Allah' rulingKUALA LUMPUR, Jan 3: Malaysia's minister in charge of Muslim affairs has said the government will appeal a court ruling allowing a Catholic paper the right to use the word 'Allah'. Malaysia's high court ruled...

Industry, services likely to pick up in coming months

2010-01-04 00:00:00

FE ReportBangladesh has weathered the global crisis well. Its economy has barely slowed, though the external challenges do mean some headwinds in the short term.According to an economic outlook titled Standard Chartered Global Focus | 2010 - The Year Ahead...

MTB launches new year calendar

2010-01-04 00:00:00

FE ReportMutual Trust Bank Limited (MTB) Sunday launched the company's calendar for the year 2010, aiming to generate public awareness over global worming and its effect on Bangladesh.MTB founder chairman Syed Manzur Elahi formally launched the company calendar as chief...

JS likely to pass two new ins bills

2010-01-04 00:00:00

FE ReportThe country's insurance sector is set to embrace the much-awaited new laws as the relevant bills will get passed this session beginning from today (Monday), Finance Minister AMA Muhith said Sunday. The proposed bills are: The Insurance Act 2009,...