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Alam new DMD of Premier Bank

2009-12-23 00:00:00

FE ReportSM Shamsul Alam joined The Premier Bank Ltd as deputy managing director (DMD) recently. Prior to joining the bank, he was DMD of NCC Bank Ltd.Mr Alam was born in 1949 at Ghatail in Tangail. He is an M...

Oil prices little changed ahead of OPEC meet

2009-12-23 00:00:00

SINGAPORE, Dec 22 (Commodity Online): World oil prices remained below $74 a barrel in Asian trade Tuesday just ahead of a crucial OPEC meet.Light sweet crude for February delivery was seen trading at $73.68 a barrel at 11.00 a.m Singapore...

Lafarge Surma distributes rice seedlings among farmers in plant area

2009-12-23 00:00:00

To expand its cooperation with the local community, Lafarge Surma Cement Limited (LSC) has distributed the first phase of rice seedlings to the farmers of Noarai Union of Chhatak Upzila, Sunamganj, said a press release.Mike Andrew Cowell, Managing Director of...

exchange rate

2009-12-23 00:00:00

December 22, Tuesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Tuesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.450099.7612111.82250.767866.778865.685361.3029Agrani Bank69.3500102.6051111.16000.794267.597065.992162.6260FCBsStanChart69.50106.77117.300.8371.8367.7965.84HSBC 69.5875101.3154113.62060.809067.187565.812061.7866Citibank naNANANANANANANABank of Ceylon69.5400101.2529114.59760.789768.688366.247563.9073PCBsUttara Bank69.5000100.1518112.06390.775366.551965.691261.2565AB Bank69.5000101.3928113.36920.7791NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Saudi air strike kills 54 Yemenis as US drawn into fight

2009-12-23 00:00:00

A Saudi air strike late Sunday has reportedly killed dozens, including women and children, in a north Yemen town known to support that country's Houthi rebels, reports Christian Science Monitor. The strike highlights growing concern about stability on the Arabian...

Ahmadinejad dismisses US deadline for nuke deal

2009-12-23 00:00:00

TEHRAN, Dec 22 (AP): Iran's president has dismissed a year-end deadline set by the Obama administration for Tehran to accept a U.N.-drafted deal to swap enriched uranium for nuclear fuel.The deal aims to diminish Iran's stockpile of enriched uranium, easing...

Cold weather kills 27 in Ukraine

2009-12-23 00:00:00

KIEV, Dec 22 (Xinhua): A five-day-long heavy snowfall caused 27 weather- related deaths, the Ukrainian Health Ministry's press service said in a statement on Monday. "A total of 671 people asked for medical aid due to frostbite, and 465 of...

Guantanamo 'hell on Earth'

2009-12-23 00:00:00

HARGEISA, Somalia, Dec 22 (AFP): A Somali just home from eight years in the US jail at Guantanamo Bay said Monday the prison was "hell on Earth", and alleged torture there had scarred some of his fellow inmates."Some of my...

23 die in Mexico drug violence

2009-12-23 00:00:00

CIUDAD JUAREZ, Mexico, Dec 22 (BSS/AFP) - A spasm of drug violence has claimed the lives of at least 23 people in the northern Mexican state of Chihuahua, authorities said Monday. Of the 23 deaths, 13 were in the city...

news digest

2009-12-23 00:00:00

Visit to Holocaust memorial 'upsetting': PopeVATICAN CITY, Dec 22 : Pope Benedict XVI on Monday described a visit to Israel's Holocaust memorial as a disturbing encounter with hatred, days after his decision to move the controversial World War II-era pope...

South Korean co ‘ready to do MRP job at its own cost’

2009-12-23 00:00:00

Raihan M ChowdhuryA South Korean company is ready for introducing machine-readable passport (MRP) and machine-readable visa (MRV) in Bangladesh at its 'own cost' within the deadline that expires on April 1 next.Bangladesh is facing an international deadline to introduce MRP.According...

Delayed impact of recession on economy

2009-12-22 00:00:00

The country's policymakers until now have put a brave face on the impact of one of the worst recessions that the world has witnessed so far. The recession has started loosening its grip but the global economy is still to...

2010, the year of reckoning

2009-12-22 00:00:00

N.M. HarunNo government in Bangladesh -- not even the government of Sheikh Mujibur Rahman -- had enjoyed such unfettered freedom as the present government of Prime Minister Sheikh Hasina has been doing. This has apparently made the Prime Minister complacent....

The fight against corruption

2009-12-22 00:00:00

Mujibul HaqueTHE much publicised actions of the two-year emergency caretaker government against corruption bore little result. The caretaker regime faltered because of arbitrary actions. Hasty and flawed actions resulted in the inability to prove the guilt of many of the...

Digitalise all organisations now!

2009-12-22 00:00:00

We expect a digital country, which is the main promise of the present government. However, what about the grassroots support to mark the fulfilment of this dream? It is not an easy task without help by the large proportion of...

The way we treat migratory birds

2009-12-22 00:00:00

We lose no chance to shout ourselves hoarse that we pride ourselves as great hosts to the guest birds that come from far, far away to spend the winter here. Wildlife preservation is a priority, we assert. And these migratory...

The Copenhagen climate talks

2009-12-22 00:00:00

THE Copenhagen Summit narrowly escaped a collapse and only partially achieved its objective.The main objective of cutting carbon emission has remained unachieved.The deadlock could be broken before the summit ended with its low achievement.The poor developing countries, the would-be victims...

Towards introduction of uniform energy accounting in Bangladesh

2009-12-22 00:00:00

Jamaluddin AhmedECONOMIC theory suggests that a monopolist will have strong incentives to reduce quantities and raise prices, reducing total welfare in society (Berg and Tschirhart, 1988) which creates an element tending to reflect market failure. The solution to this market...

Saga of the 'Shoirachar' and other issues

2009-12-22 00:00:00

Shamsher ChowdhuryPolitics in Bangladesh stinks but what one can do except making politics one of their favourite past time. It is politics all the way. It is everywhere. The other day I came home from a visit downtown and found...

Cane: The aristocratic décor

2009-12-22 00:00:00

Tithe FarhanaCANE, also known as rattan, is an important non-timber forest product which is used extensively as a raw material for cottage industry and for making furniture, handicraft products and other household articles. Md. Nuruzzaman, Conservator of Forests, in his...

Tuesday

2009-12-22 00:00:00

BTVam07:00 Announcement, Recitation From The Holy Quran, Programme Outline And The Holy Tripitak Paath07:10 Saswato Jibon07:15 Suvechaa Nin08:00 Morning News08:30 Open Univercity09:00 Sangbad Shironam09:15 Satellite Transmission11:15 Sukhi Paribar11:40 Sangeeta Anusthan12:00 Sangbad Shironam12:05 Sangbadpatrer Pata Theke12:30 Drama Serial- Swapno Sonargaon01:00 Sabar...

Banks weigh on Asian shares, dollar steady

2009-12-22 00:00:00

TOKYO, Dec 21 (Reuters): Asian share markets struggled to hold early gains Monday, with bank shares pressuring some lower even as tech stocks gained, while the dollar held steady on the yen and hovered near a three-month high on the...

Tata Motors to bring in hybrid city buses

2009-12-22 00:00:00

NEW DELHI, Dec 21 (Business Standard): After developing the electric version of its flagship passenger car Indica, country's largest auto maker Tata Motors is now working on hybrid city buses aimed at providing eco-friendly transportation solutions for Indian cities."The work...

Google pays no tax on £1.6b earning in Britain

2009-12-22 00:00:00

LONDON, Dec 21 (PTI): Internet search giant Google has not paid any tax on its 1.6 billion pound advertising revenues in Britain last year, a media report says. "Google, the Internet giant whose informal corporate motto is 'don't be evil',...

KSE index gains 146.43 points

2009-12-22 00:00:00

KARACHI, Dec 21 (Business Recorder): The KSE-100 index gained 146.43 points to close at 9,183.73 points level during the week ended on December 19, 2009. Trading activities at the ready counter also improved significantly as the average daily volumes at...

Coal India to win trust of displaced via IPO

2009-12-22 00:00:00

NEW DELHI, Dec 21 (Economic Times): The country's largest coal miner, Coal India (CIL), is exploring the option of forming a trust to distribute a portion of shares offered in its proposed initial public offering to people from whom land...

New GM of Dhaka Sheraton Hotel

2009-12-22 00:00:00

FE ReportAhmad Bukhari Hamzah joined as the general manager (GM) of Dhaka Sheraton Hotel. The new GM of Dhaka Sheraton Hotel is a Malaysian national who possesses 25 years of experience in hospitality industry. Hamzah was the general manager of...

Lufthansa seeks nod for A-380 to Delhi

2009-12-22 00:00:00

FRANKFURT, Dec 21 (Economic Times): German aviation authorities last week formally sought clearance from their Indian counterparts to fly the A-380 to Delhi possibly from 2010-end. Lufthansa expects to get about three of the ordered 15 super jumbos next year...

Iraq plays down oil surge before OPEC meet

2009-12-22 00:00:00

LUANDA, Dec 21 (AFP): Iraq's oil minister Sunday played down the prospect of a surge in its oil production, saying the OPEC crude producers' cartel was not likely to discuss setting production quotas for several years. Observers had said ministers...

China vegetable, food price rises by 15pc

2009-12-22 00:00:00

BEIJING, Dec 21 (Commodity Online): Vegetable prices in China have gone up by an average of 15 per cent in the last two or three days because of the drop in the temperature.However China's Ministry of Agriculture said vegetable and...