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Acute seedling crisis hits Boro farming in Kushtia

2010-02-02 00:00:00

Our CorrespondentKUSHTIA, Feb 1: Farmers in the district are facing an acute shortage of seedlings at the onset of Boro season as the seedlings on a vast of tract of land have been damaged due to severe cold and dense...

US imposes anti-dumping duty on China blankets

2010-02-02 00:00:00

WASHINGTON, Feb 01 (Commodity Online): After imposing duties on China's steel pipes, the US has decided to impose antidumping duties on electric blanket products from China.The US Commerce Department in a preliminary ruling said blankets imported from Hung Kuo Electronics...

exchange rate

2010-02-02 00:00:00

February 01,  Monday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Monday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.450096.8158110.99400.778465.803065.279961.5961Agrani Bank69.450096.5716110.92410.781565.743365.200861.3549FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.530598.9452114.25450.792266.778865.820563.2728Citibank naNANANANANANANABank of Ceylon69.5900100.6715115.11140.809967.985566.200565.5886PCBsUttara Bank69.500097.2054111.26820.786565.261365.592361.5776AB Bank69.550098.5286112.68610.7904NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Female suicide bomber kills 41 in Iraq

2010-02-02 00:00:00

At least 41 people have been killed and 106 injured by a female suicide bomber in north-east Baghdad, an interior ministry spokesman has said, reports BBC.The woman detonated an explosives vest among a group of pilgrims making the journey to...

Pakistani troops kill 15 Taliban

2010-02-02 00:00:00

PESHAWAR, Feb 1 (Reuters): Pakistani forces backed by helicopter gunships have killed 15 Taliban in clashes that erupted after militants attacked a military post and convoy in the northwest of the country, an official said Monday.Security forces have in recent...

China accuses US of arrogance over Taiwan deal

2010-02-02 00:00:00

China's state media has accused the United States of "arrogance" and "double standards" in pursuing arms sales to Taiwan, reports BBC.The state-run China Daily and the Global Times also warned that China's threats of retaliation were real. The Obama administration...

13 killed in Mexico as gunmen storm high school party

2010-02-02 00:00:00

MEXICO CITY, Feb 1 (Xinhua): Thirteen people were killed and 17 others wounded Sunday as gunmen stormed a high school party in Ciudad Juarez, a Mexican town bordering the United States.Chihuahua's Prosecutor's Office said in a statement that the attack...

news digest

2010-02-02 00:00:00

Indian goods taken to Afghanistan via PakistanISLAMABAD, Feb 1 : Indian goods are being taken to Afghanistan via Pakistan under the tags of ISAF and NATO, despite Pakistan's refusal to allow Indian products be taken to the country through its...

Tuesday

2010-02-02 00:00:00

ATN 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 -Chobir Manush03:00 Sangbad03:15 Mega Serial-O Amar Chokkhu...

International Textile & Garment Machinery Exhibition-2010 begins today

2010-02-02 00:00:00

FE ReportThe 7th Dhaka International Textile & Garment Machinery Exhibition-2010 (DTG2010) begins today (Tuesday) in the city.DTG 2010 to be held at Bangabandhu International Conference Centre is aimed to introduce latest machinery and technology to the local textiles and garment...

AB Bank Foundation distributes warm clothes

2010-02-02 00:00:00

AB Bank Foundation has recently distributed blankets as warm clothes to help and stand beside the poor and deprived poor population affected by the fierce winter. Under this activity, AB Bank Foundation has distributed blankets at different locations of Bhairab...

Aramit doubles its production capacity

2010-02-02 00:00:00

FE ReportAramit Ltd, the country's leading manufacturer of asbestos roofing materials, drainage pipes and ceiling insulating sheets, has initiated production from its second manufacturing unit doubling the production capacity, company officials said Monday.With the installation of its second unit worth...

Mercantile Bank signs accord with BURO

2010-02-02 00:00:00

Mercantile Bank Limited has recently entered into an agreement with BURO Bangladesh, a reputed NGO for distribution of inward foreign remittances. Under the agreement, BURO Bangladesh will provide instant cash services through their 500 designated outlets across the country. The...

WB to give addl $100m loan for clean energy scheme

2010-02-02 00:00:00

A Z M AnasThe World Bank (WB) has agreed to appropriate additional US$100 million in loan to help Bangladesh expand its clean energy programme on a large scale, officials said Sunday.Of the total, $77 million will be channelled to the...

Thrust on merchant bank efficiency in economic development

2010-02-02 00:00:00

The Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) organized a workshop on "Role of Merchant Bank in the Economic Development of the Country" and "Time Management" recently in the city.Under its Continuing Professional Development (CPD) programme at BIAM...

Taka falls further

2010-02-02 00:00:00

FE Report Bangladesh taka (BDT) fell further against the US dollar Monday following a rise in demand for the greenback in the inter-bank foreign exchange market. The US dollar was traded at Tk 69.22-Tk 69.27 in the forex market Monday...

Western Marine joins hands with Dutch co to build quality ships

2010-02-02 00:00:00

Our CorrespondentCHITTAGONG, Feb 1: Western Marine Shipyard, a leading ship building company in the country, has signed a memorandum of understanding (MoU) with Winteb VOF of the Netherlands to build quality ships in Bangladesh.Under the MoU, Western Marine will import...

Correction

2010-02-02 00:00:00

In the news item titled 'Meagre foreign portfolio investment vanishing fast' published in the January 30 issue of The Financial Express, inadvertently said, "Market usually falls in March as many companies declare dividends that time." Actually the sentence should read:...

Competition law yet to get off the ground

2010-02-02 00:00:00

Munima SultanaEnactment of the competition law, which the government declared to be carried out by January this year, has allegedly been facing strong opposition from certain business groups including multinational companies, as they feel worried about losing their control over...

Bank Asia offers scholarship to meritorious students

2010-02-02 00:00:00

As a part of the Corporate Social Responsibility (CSR), Bank Asia Limited has offered higher studies scholarships to the meritorious students at Cahtkhil in Noakhali Saturday, said a press release.Bank Asia Director Rumme A Hossain gave away the scholarships' money...

Stakeholders of RAK Ceramics to hold mock-test

2010-02-02 00:00:00

FE ReportThe institutional stakeholders of the RAK Ceramics, will hold a two-day mock-test of the newly introduced book building software on February 7. Organised by the Dhaka Stock Exchange (DSE) the software was developed to run the operation of bidding...

Aminur Rahman re-appointed Janata Bank MD

2010-02-02 00:00:00

FE ReportSM Aminur Rahman has been re-appointed Chief Executive Officer and Managing Director of the Janata Bank Limited for the next two years.Following a unanimous decision of the bank's board of directors and approved by the central bank, Mr Rahman...

Japan to set up auto industry at EPZs

2010-02-02 00:00:00

Japan, one of the major development partners of Bangladesh, will set up an automobile industry with an investment of US $ 20 million in export processing zones (EPZs), reports BSS.This was revealed when a three-member Japanese delegation met executive chairman...

United Leasing opens branch in Sylhet

2010-02-02 00:00:00

FE Report United Leasing Company Limited (ULC) has recently opened its branch in Sylhet to ensure delivery of service to the customers in the region, said a press release. ULC Chairman Imran Ahmed inaugurated the branch along with local customers.ULC...

IPO Diary

2010-02-02 00:00:00

ACI 20pc Convertible Zero Coupon BondsSubscription OpenJanuary 31, 2010Subscription CloseFebruary 04, 2010For Non resident BangladeshisJanuary 31, 2010 to February 13, 2010Total Issue Size1,335,850 Convertible Zero Coupon Bonds ofTk 1,000 each totaling Tk 1,335,850,000.Private Placement801,510 Convertible Zero Coupon Bonds of Tk...

JS body finds PM's adviser responsible for law ministry woes

2010-02-02 00:00:00

A Parliamentary Standing Committee has found that the Law Ministry could not appoint a secretary due to intervention of an adviser to the Prime Minister, reports bdnews24.com.Members of the Committee at a meeting Sunday also observed that the ministry could...

President for increasing seats in public universities

2010-02-02 00:00:00

President Zillur Rahman has laid emphasis on increasing number of seats for the students at the country's public universities for expanding opportunities of higher education. He made the remarks while a three-member delegation of Khulna University (KU) led by its...

Arrest of AL leader sparks violence

2010-02-02 00:00:00

SIRAJGANJ, Feb 1 (UNB): A section of ruling Awami League (AL) activists went berserk on Raiganj Upazila Parishad premises Sunday protesting the arrest of one of their leaders in a tender manipulation case.The police said Acting General Secretary of upazila...

JS body seeks clarification on 'press freedom' bill

2010-02-02 00:00:00

A parliamentary watchdog has returned a bill, aimed at stopping harassment of journalists for writing defamatory pieces, to the law ministry for further clarification, reports bdnews24.com.The parliamentary standing committee on law ministry at a meeting Sunday night sought clarification from...

Govt gagging the voice of people: Mosharraf

2010-02-02 00:00:00

Bangladesh Nationalist Party (BNP) Leader Khandaker Mosharraf Hossain Monday said the ruling party had taken the course of killing and repression to stifle the voice of the people as it was getting isolated from the masses, reports UNB.He referred to...