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China steel prices drop most in four months

2010-01-26 00:00:00

SHANGHAI, Jan 25 (Bloomberg): Steel prices in China, the world's biggest producer of the metal, dropped the most in four months last week as inventories piled up and concerns grew that the government may curb lending.Inventories of steel products, including...

Thai gem, jewellery exports to rise on India demand

2010-01-26 00:00:00

BANGKOK, Jan 25 (Commodity Online) : Thailand said Monday it's gems and jewellery exports is expected to improve by ten percent to more than $10.4 billion this year.According to Thai Gem and Jewelry Traders Association, Demand from India and China...

Corn climbs on speculation lower prices may boost US exports

2010-01-26 00:00:00

SINGAPORE, Jan 25 (Bloomberg): Corn rose in Chicago on speculation that a two-week drop is attracting investors and importers after a jump in export sales from the US., the world's biggest shipper of the grain.US exporters sold 1.61 million metric...

Soybean may fall further on higher production

2010-01-26 00:00:00

Soybean closed up on short covering Saturday. Although demand situation still looking bearish.Fresh purchases were not seen in the physical markets as retail off-take remained poor. Buyers were not keen to accumulate stocks as they expect further fall in prices.Soybean...

exchange rate

2010-01-26 00:00:00

January 25, 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 Bank69.450098.8399112.12880.778367.125666.114763.2503Agrani Bank69.450098.6412112.04920.781267.103866.049562.9731FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.529099.9050113.54510.794367.472366.149363.6553Citibank naNANANANANANANABank of Ceylon69.5400100.5366115.99540.788368.049767.253466.2090PCBsUttara Bank69.500099.1115112.50360.788566.833165.945662.8968AB Bank69.5000100.4357113.70900.7898NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Ethiopian plane with 89 people crashes

2010-01-26 00:00:00

An Ethiopian Airlines passenger plane with 89 people on board has crashed into the Mediterranean Sea shortly after take-off from Beirut airport, reports BBC.Eyewitnesses say they saw a ball of fire in the sky before Addis Ababa-bound Flight ET409 fell...

Sri Lanka ready for polls

2010-01-26 00:00:00

COLOMBO, Jan. 25 (Xinhua): Sri Lanka's Elections Department commenced initial arrangements ahead of Tuesday's presidential election, officials said Monday.The department said dispatch of ballot boxes and officials to over 11,000 polling stations in 22 electoral districts had begun. All of...

Washington responds to 'Bin Laden tape'

2010-01-26 00:00:00

The US has said a tape purported to be from al-Qaeda leader Osama Bin Laden simply repeats "hollow justifications for the mass slaughter of innocents", reports BBC.White House adviser David Axelrod also said that the US could not confirm the...

US commander signals peace talks with Taliban

2010-01-26 00:00:00

The top US commander in Afghanistan has said a negotiated peace with the Taliban is the way forward, reports BBC.Gen Stanley McChrystal told the UK's Financial Times that there had been "enough fighting" and he wanted a political solution to...

Suspected US drone crashes in Pakistan

2010-01-26 00:00:00

PESHAWAR, (AP): A suspected US drone crashed in Pakistan's lawless tribal area near the Afghan border Sunday, a rare mishap for a program Washington has increasingly relied on to kill Taliban and al-Qaida militants, said intelligence officials and a local...

news digest

2010-01-26 00:00:00

Devastating Haiti quake toll to top 150,000PORT-AU-PRINCE, Jan 25: Haiti's earthquake death toll will top 150,000, a minister said Sunday as rescuers located a possible new survivor beneath the rubble of the capital 12 days after the disaster. The United...

HIGHLIGHTS

2010-01-26 00:00:00

Bidaai On STAR PLUS Tuesday at 9-30 pm. Bidaai is a story of two sisters, Sadhna (beautiful) and Ragini (unattractive). Sadhna is the adopted child in the family. Life is pleasant for Sadhna as she is beautiful but society is...

I was one of the pioneers of satellite TV: Amitabh

2010-01-26 00:00:00

MUMBAI, Jan 25: Amitabh Bachchan, who plays a media mogul in his forthcoming film 'Rann', says he is well-versed with the business as he was among the pioneers of satellite television in the West, 'many, many years' before it came...

Pitt's brother urges him to dump Jolie

2010-01-26 00:00:00

LONDON, Jan 25: Hollywood actor Brad Pitt's brother has begged the star to leave his partner Angelina Jolie because their family was being torn apart.Brother Doug, 41, visited Pitt in New York over Christmas and urged him to pull the...

Court issues notices to 'Veer' makers, Salman Khan

2010-01-26 00:00:00

NEW DELHI, Jan 25: The Delhi High Court Monday issued notices to production house Eros International Pvt Ltd and actor Salman Khan on a complaint of copyright violation in the just-released Hindi film 'Veer'.Justice VK Shali issued notices to all...

Tuesday

2010-01-26 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...

Trust Bank M Fund makes debut tomorrow, Prime Bank MF Feb 2

2010-01-26 00:00:00

FE ReportTrust Bank First Mutual Fund will make debut tomorrow (Wednesday) and Prime Bank First ICB AMCL First Mutual Fund on February 2 on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).DSE board in a meeting held on Monday...

StanChart HR official due today

2010-01-26 00:00:00

FE ReportDavid Gareth Thomas, Group Country Head of Human Resources for Asia of Standard Chartered Bank, arrives in Dhaka today (Tuesday) for a two-day official visit. During the visit, he will meet senior officials of the bank and several stakeholders...

Confidence Cement to double capacity amid diversification

2010-01-26 00:00:00

FE Report Confidence Cement Ltd is going for massive expansion doubling its current annual production capacity to 500,000 metric tonnes to meet the growing demand of the item. The company is also going for diversification of businesses in other sectors...

BRAC Bank and MasterCard announce strategic alliance

2010-01-26 00:00:00

FE ReportBRAC Bank and MasterCard have jointly announced the formation of a strategic alliance to launch BRAC Bank MasterCard branded cards. Mr. A. E. A. Muhaimen, Managing Director & CEO of BRAC Bank Limited and Mr. Vikas Varma, Vice President,...

Muhith for exploring potentials of plastic waste recycling

2010-01-26 00:00:00

FE ReportFinance Minister AMA Muhith has urged the country's plastic manufacturers to explore potentials of waste recycling to mitigate the negative environmental impact of the industry. "Around 60 per cent of waste generated by the plastic industries gets recycled in...

AB Bank Foundation donates blankets to cold-hit people

2010-01-26 00:00:00

AB Bank Foundation has donated blankets among the cold-hit people in Pakundia Upzila under Kishoregonj district recently, according to a press release. AB Bank Additional Managing Director Fazlur Rahman, General Manager of Bangladesh Bank M Mafuzur Rahman, local UNO and...

New country manager of Woori Bank

2010-01-26 00:00:00

Mr. Eung Joon Kim has joined Woori Bank, Bangladesh as the new General Manager & Country Manager.Prior to joining as the Chief of Wood Bank, Bangladesh, he served as the General Manager of Yeoido Corporate Banking Center & Sinwol-dong branch...

B'desh gets $0.97m export order in Kolkata trade fair

2010-01-26 00:00:00

FE Report Bangladeshi companies received confirmed and prospective export orders worth US$ 0.97 million in the '23rd Industrial India Trade Fair (IITF). The eleven-day trade fair concluded recently at Milan Mela Ground in Kolkata, the capital of Indian state West...

Chevron support for Jalalabad Eye Hospital

2010-01-26 00:00:00

FE ReportChevron Bangladesh has donated a phacoemulsifier and a slit-lamp machine to Jalalabad Eye Hospital for better treatment of the patients, according to a press release. Finance Minister Abul Maal Abdul Muhith attended the function as the chief guest and...

Improving Internet access

2010-01-25 00:00:00

For a country which has the eighth biggest population in the world, Bangladesh would seem to be ideal for rapid growth of the use of information communication technologies (ICTs), specially the Internet. Even Bill Clinton, the former US President, pointed...

Duty-free cars for MPs and relevant issues

2010-01-25 00:00:00

Shamsul Huq ZahidThe government, seemingly, has come out of the dilemma over the issue of car facilities for the members of parliament (MPs). It has, according to media reports, decided in favour of allowing the MPs to import their own...

Is Bangladesh getting its public investment right?

2010-01-25 00:00:00

Zahid HussainIndeed, economic theory suggests that the availability of economic and social infrastructures makes it conducive for the private sector to invest; higher public capital increases productivity and reduces production costs; and by increasing demand public investment gives rise to...

Time to improve relations with Myanmar

2010-01-25 00:00:00

MYANMAR has of late agreed to take back some nine thousand Rohingyas they earlier pushed into Bangladesh. In negotiations with Bangladesh recently, Myanmar is said to have accepted Bangladesh's formula in demarcating the sea boundaries between the two countries.These gestures...

Roadside Romeos kill Pinkies

2010-01-25 00:00:00

Nashpia Ahmed Akand Pinki, a class-nine student of Shyamoli Ideal School and College in Dhaka, was found dead last Tuesday (January 19) hanging from the ceiling fan of her bedroom with a sari twisted around her neck at her uncle's...