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IPO Diary

2010-02-01 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...

Chinese houses collapse as quake rocks Sichuan

2010-02-01 00:00:00

A moderate, magnitude 5.2 earthquake in Sichuan, south-west China, has brought down at least 100 homes, killing one person and injuring 11, officials say.US earthquake monitors report that the tremor struck at 0537 local time (2137 GMT Saturday) 35km (20m)...

Gas exploration: There is no time to waste

2010-01-31 00:00:00

A special bench of the High Court last Thursday vacated a nine-year old injunction on government's bid to involve the international oil companies (IOCs) in onshore hydrocarbon exploration. The same bench also discharged a writ petition challenging the official move...

Adopt disaster management plans before earthquake hits

2010-01-31 00:00:00

Sayed Javed AhmadTime has come for Bangladesh to think seriously about contingency plans for quick recovery and preparedness in the event of an earthquake like the one that wrought havoc in Haiti. Not too long ago our major local newspapers...

SMEs need to adopt modern technology to promote business

2010-01-31 00:00:00

Salahuddin AhmedSmall and Medium Enterprises (SMEs) play a dominant role in boosting a country's economy. There is no doubt that in our country there are many SMEs operating in a scattered way. They need to be organised in a right...

Branding Bangladesh Biman

2010-01-31 00:00:00

This is in response to Biman CEO's article published in your pages on January 28th. To quote his lines: "Brand Gurus call them Brand Pillars on which lofty promises are to be built and sustained"! However, performance in line with...

Government own shares

2010-01-31 00:00:00

ENOUGH prospects of off-loading shares possessed by government are being preached during the past two decades or more but nothing happens in reality so to say. Many government officials are on the board of directors of those public limited and...

Work for the welfare of the people

2010-01-31 00:00:00

WHILE presiding over a cabinet meeting on Monday, 25 January, Prime Minister Sheikh Hasina asked the ministers, secretaries and public servants not to pile up files on their tables as she reminded that the present government did not come to...

HIGHLIGHTS

2010-01-31 00:00:00

Aradhana On ZEE TV Sunday at 1-00 pm.Dashing pilot Arun romances Vandana Tripathi, and both in love with each other, become very intimate, and as a result Vandana gets pregnant. Arun and Vandana have a quiet temple wedding ceremony, and...

Juhi Chawla's 'Sukhmani' to release Feb 12

2010-01-31 00:00:00

MUMBAI, Jan 29: Juhi Chawla-starrer Punjabi film 'Sukhmani- Hope of Life' is all set to hit the theatres Feb 12.The film, produced by Sai Loksangeet Pvt Ltd, star Gurdas Maan, Divya Dutta, Anoop Soni and Bhagwant Maan, along with Juhi....

Sunday

2010-01-31 00:00:00

ATN Banglaam07:00 Sangbad 07:30 Positive Bangladesh'08:00 Sangbad08:15 Ajker Shongbadpotro08:30 Drama Serial- Daybondhon09:00 Atn News09:15 Drama Serial- Pashapashi10:00 Sangbad10:30 Talk show- Hello Bangladesh11:05 Asian City Top Spin11:30 Sat Din12:00 Atn News12:15 Atn Ranna Ghar01:00 Sangbad Bulletins01:25 Shurer Madhuri02:00 Sangbad02:30 Business Week03:00...

Barack Obama's darkest hour

2010-01-31 00:00:00

Fazal M. KamalTHE United States Supreme Court judgment that overturned a century-old ruling on election campaign financing is being viewed by many in this country as a pernicious step backward. President Barack Obama himself has called it "devastating" and as...

Tony has no regret

2010-01-31 00:00:00

Maswood Alam KhanWhile testifying in front of an official inquiry into Britain's role in the Iraq conflict, former British Prime Minister Tony Blair said last Friday he would 'take the same steps again to counter what he portrayed as a...

Missing enforcement of a vital legislation

2010-01-31 00:00:00

Ferdous AlamFirst of all, the legislation has a long and harried history. It was conceived from greater consumer awareness and media pressures amid mounting agonies faced by all kinds of deceits and exploitation in the wide ranging areas of consumption...

HK, China stocks fall on Beijing tightening woes

2010-01-31 00:00:00

HONG KONG/SHANGHAI, Jan 29 (Reuters); Hong Kong shares posted their worst monthly percentage fall in 15 months Friday, as investors dumped Chinese banks on wariness over Beijing's moves to curb lending growth.But Li & Fung outperformed with a 10.22-per cent...

Prime Insurance holds annual conference

2010-01-31 00:00:00

FE Report Prime Insurance Company Limited (PICL) held its annual branch conference at the company's head office in the city recently, said a press release. PICL Chairman Ferdous Amin was present at the conference as the chief guest. Chaired by...

Late buying pushes KSE index up

2010-01-31 00:00:00

KARACHI, Jan 30 (Business Recrder): Late buying in some selective stocks Friday supported the KSE-100 index to close in green at 9,614.19 points level with a net gain of 34.38 points. The market witnessed highly volatile activity with the index...

Wipro to give India staffers 9.0pc pay hike

2010-01-31 00:00:00

BANGALORE, Jan 30 (Business Standard): Wipro Technologies, the country's third largest information technology services company, is giving all its employees in India a pay raise from February. This will also apply to those working temporarily on onsite (with foreign clients)...

Walton LCD TV sale rises at DITF

2010-01-31 00:00:00

FE Report Walton, an electronic home appliance brand of RB Group, is the top seller of its Liquid Crystal Display (LCD) television at the Dhaka International Trade Fair (DITF). Hundreds of people are thronging different pavilions everyday to buy LCD...

Toyota head apologises for huge recall

2010-01-31 00:00:00

TOKYO Jan 29 (Reuters): Toyota Motor Corp's president, Akio Toyoda, has apologised for a recall of millions of the top automaker's vehicles around the world, Japanese broadcaster NHK said Saturday."We're extremely sorry to have made customers uneasy," Toyoda was quoted...

Vatika looks to raise Rs 10b from IPO

2010-01-31 00:00:00

NEW DELHI, Jan 30 (Economic Times): Real estate company Vatika Group plans to raise up to Rs 10 billion from an initial public offering (IPO) in May by selling around 20 per cent stake, joining a parade of developers looking...

Economy concerns, stronger dollar hit commodity prices

2010-01-31 00:00:00

LONDON, Jan 30 (AFP): Commodity prices mainly fell this week on worries about the global economic outlook but sugar rocketed to a multi-year high on tight supplies, traders said. Markets are worried about possible moves by Beijing to rein in...

Cotton has longest slide in 16 months

2010-01-31 00:00:00

NEW YORK, Jan 30 (Bloomberg): Cotton prices fell, capping the longest slide in 16 months, on sales by speculators amid concern that US banks may reduce commodity trading.President Barack Obama has called for limits on risk-taking by banks. The Reuters/Jefferies...

Managers urged to increase agro-based loan disbursement

2010-01-31 00:00:00

Our CorrespondentBRAHMANBARIA, Jan 30: The branch managers and field officers of Bangladesh Krishi Bank (BKB) have been urged to increase the agro-based loan disbursement for developing crop, hatchery, dairy, poultry and import-oriented spices crops. BKB General Manager for Comilla divisional...

A rare feat of Gopalganj farmer

2010-01-31 00:00:00

Our CorrespondentGOPALGONJ, Jan 30: Sushanta Biswas (Ranga), who was once a jobless and frustrated folk in his vicinity, has been able to change his lot only by dint of hard-work and strong will power.Biswas (40), son of a poor peasant...

China warns US over proposed arms sales to Taiwan

2010-01-31 00:00:00

China has expressed its anger over a proposed US weapons sale to Taiwan worth $6.4bn (£4bn), which includes helicopters and defensive missiles, reports BBC.Chinese Vice-Foreign Minister He Yafei said the move would have a "serious negative impact" on co-operation between...

Taliban squad seizes hotel in Helmand

2010-01-31 00:00:00

KABUL, Jan 30 (Reuters): A Taliban suicide squad seized a hotel in Helmand Friday, triggering gun battles with security forces in the capital of the British-garrisoned province.Just a day after the London summit on Afghanistan, gunmen wearing suicide vests occupied...

Bomb blast in NW Pakistan kills 14

2010-01-31 00:00:00

PESHAWAR, Jan 30 (Reuters): A suspected suicide car-bomber set off his explosives near a security check-post in the northwestern Pakistani region of Bajaur Saturday killing 14 people, police said.Pakistani security forces have in recent days stepped up operations against militants...

Iraq inquiry: Families of fallen soldiers accuse Tony Blair

2010-01-31 00:00:00

Families of the soldiers killed in Iraq accused Tony Blair of failing to justify his decision to go to war after his appearance at the Chilcot inquiry, reports BBC.Twenty relatives of those killed in the conflict were given seats at...

news digest

2010-01-31 00:00:00

Ex-rebel Mujica wins Uruguay presidential vote MONTEVIDEO, Nov 30: Jose Mujica, a leftist former rebel, was declared the winner Sunday of a presidential runoff vote in Uruguay after his opponent ex-president Luis Lacalle conceded defeat. The co-founder of the radical...