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Abed won Knighthood for serving the poor, Huda for serving colonialists

2010-01-25 00:00:00

Md. Mainul IslamPEOPLE of Bangladesh feel happy that Fazle Hasan Abed, the founder of BRAC, has been conferred the Knighthood by the British Queen. This illustrious person has been working tirelessly to serve the poor not only in Bangladesh but...

Goldsmiths are changing their hereditary profession

2010-01-25 00:00:00

Tithe FarhanaThe jewellery of Bangladesh was made famous by its skilled goldsmiths long back.The elaborate gold jewellery, costume and head-dress on the famous terracotta female figure speak of highly skilled craftsmen of the Sunga period dating back to the first...

HIGHLIGHTS

2010-01-25 00:00:00

Sajan Ghar Jaana HaiOn STAR PLUS Monday at 8-30 pmThe story revolves around how a simple and sweet girl gets married in difficult situations and yet cannot be with her husband. Watch to find out what will Dhaani do and...

Monday

2010-01-25 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...

Seven of top-10 cos lose Rs 730b in m-cap

2010-01-25 00:00:00

MUMBAI, Jan 24 (PTI): A whopping Rs 730 billion was eroded from the market capitalisation of seven of the top 10 firms last week and during the period the benchmark Sensex fell below the psychologically crucial 17,000-mark. However, NMDC, Bharti...

NTPC expects to attract Rs 60b from global investors

2010-01-25 00:00:00

NEW DELHI, Jan 24 (PTI): In a remarkable response from international roadshow, state-run NTPC today said it is hoping a subscription of up to Rs 60 billion from the global investors to its follow-on public offer next month."We met 38...

GM expects to need new China plant as sales rise

2010-01-25 00:00:00

SHANGHAI, Jan 24 (Reuters): General Motors expects it will need to build a new greenfield manufacturing facility in the near future in China to accommodate strong growth in the world's largest auto market, but it will not be building a...

Godrej profit doubles

2010-01-25 00:00:00

MUMBAI, Jan 24 (Business Standard): The consolidated net profit of Godrej Consumer Products Ltd rose 112 per cent to Rs 850 million in the third quarter ended December 2009, against Rs 400 million in the same period the previous year....

Dubai World assets in excess of $120b

2010-01-25 00:00:00

DUBAI, Jan 24 (Reuters): State-linked Dubai World's property and investment assets exceeded $120 billion at the end of 2009 and could cover its debt of $57 billion, an Arabic-language daily said Sunday.Citing a recent internal report shared with creditors, Al...

Bajaj Finserv eyes banking biz

2010-01-25 00:00:00

MUMBAI, Jan 24 (PTI): The Bajaj Group is gearing up to enter the banking business and considering applying for a licence through its financial services arm--Bajaj Finserv, a top company official said.Bajaj Finserv's keenness to enter banking stems from the...

Gold falls on concern Obama bank plan may erode commodity trade

2010-01-25 00:00:00

SEATTLE, Jan 24 (Bloomberg): Gold futures dropped to a one-month low on speculation that President Barack Obama's plan to restrict US bank trading will reduce investment demand for commodities, including precious metals.The proposal to limit risk-taking by banks, preventing investments...

Power vacuum in Nigeria, oil industry in peril

2010-01-25 00:00:00

LAGOS, Jan 24 (Commodity Online): With constitutional confusion prevailing in Nigeria due to ill-health of President Umaru Yar'Adua, who was flown to Saudi Arabia for treatment in November, the country's oil industry is in jeopardy, The power vacuumin Nigeria, one...

India in focus for steel firms

2010-01-25 00:00:00

MUMBAI, Jan 24 (Commodity Online): Steel and metal producers have increased their activities in India with several new projects being announced in a span of 2 months.Recently, JSW Steel has cleared the formation of a special purpose vehicle (SPV) by...

Copper prices gain as dollar drops

2010-01-25 00:00:00

NEW YORK, Jan 24 (Bloomberg): Copper prices climbed as the dollar's decline spurred demand for an alternative investment and an Asian measure of metal inventories dropped.The dollar fell as much as 0.4 per cent against a basket of six major...

Platinum, palladium ETFs shine in US

2010-01-25 00:00:00

NEW YORK, Jan 24 (Commodity Online): ETFS Platinum Trust (PPLT) and ETFS Palladium Trust (PALL) have done exceptionally well in the first week of their launch in the US market.Platinum and palladium ETFs were launched in the US last week...

Chatal workers passing hard days

2010-01-25 00:00:00

Our CorrespondentNILPHAMARI, Jan 24: Nearly 10,000 chatal workers have remained jobless due to non-functioning of the husking mills in the district. According to sources, there are 446 husking mills in the district and most of them become non-operational because the...

Americans forced to quit coffee

2010-01-25 00:00:00

CALIFORNIA, Jan 24 (Commodity Online): About 35 million Americans have quit or cut back on their regular coffee drinking due to heart burn and acid reflux as coffee is reported ot aggravate such stomach troubles.

exchange rate

2010-01-25 00:00:00

January 24, 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 Bank69.450098.6794112.21940.780767.022565.933562.8943Agrani Bank69.450098.4884112.13950.783066.969165.875562.6814FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.530599.4668114.62310.782567.177866.791464.0726Citibank naNANANANANANANABank of Ceylon69.5400100.5366115.99540.788368.049767.253466.2090PCBsUttara Bank69.500099.1115112.50360.788566.833165.945662.8968AB Bank69.5000100.2970113.77830.7918NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

46 injured after Iran plane catches fire

2010-01-25 00:00:00

TEHRAN, Jan. 24 (Xinhua): An Iranian passenger plane caught fire Sunday when it was landing in Iran's northeastern city of Mashhad, injuring at least 46 people on board, the semi-official Fars news agency reported."The (Russian-built) Tupolev 154 plane belonging to...

India launches offensive against Maoist in 5 states

2010-01-25 00:00:00

Thousands of Indian paramilitary troops and state policemen have launched a large offensive against Maoist rebels across five states this week, reports BBC.The offensive specifically targets top Maoist leaders, a senior interior ministry official told the BBC."The offensive has started....

Three Yemeni soldiers killed in gunmen attack

2010-01-25 00:00:00

SANAA, Jan. 24 (Xinhua): Three Yemeni soldiers were killed by unknown gunmen in an attack in southern province of Shabwa Sunday, pan-Arab al-Jazeera TV reported.The attack took place at a checkpoint of the province by some unknown assailants suspected to...

Bin Laden claims responsibility for Christmas plane bombing attempt

2010-01-25 00:00:00

A tape said to be from Osama Bin Laden says al-Qaeda was responsible for a Christmas plot to blow up a plane, reports BBC.In the newly released audio tape aired on al-Jazeera, Bin Laden also warns the US there will...

news digest

2010-01-25 00:00:00

Taliban kill six US 'spies' in NW Pakistan: police MIRANSHAH, Jan 24: Taliban militants shot dead six men in Pakistan's restive northwest tribal belt after accusing them of spying for the United States, officials said Sunday. The bullet-ridden bodies of...

Cautious global IT spending hits local software cos hard

2010-01-25 00:00:00

Mehdi Musharraf BhuiyanRecent conservative IT spending by the large multinationals at the global stage has started to hit the local software companies hard; as evident from the export performance of software and ITES during the first quarter of the current...

ICB hands over Tk 13.5m to govt as dividend

2010-01-25 00:00:00

The Investment Corporation of Bangladesh (ICB) Sunday handed over Tk 13.50 million (1.35 crore) to Finance Minister AMA Muhith as dividend, reports UNB.Chairman of the board of directors of the state-owned asset management company Dr M Khairul Hossain handed over...

BMCCI urges govt to bolster political coop with Malaysia

2010-01-25 00:00:00

FE ReportBusiness leaders of Bangladesh Malaysia Chamber of Commerce and Industry (BMCCI) Saturday urged the government to strengthen diplomatic negotiation with Malaysian government to achieve duty-free access of 19 products to Malaysian markets."We managed to convince high level Malaysian government...

Annual confce of NCC Bank held

2010-01-25 00:00:00

FE ReportThe two-day long Executives & Branch Managers' Annual Conference-2010 of NCC Bank Ltd was held at Cox's Bazar. Yakub Ali, Chairman of the Bank inaugurated the conference as Chief Guest.The conference was informed that NCC Bank procured total deposits...

Lone B'deshi attends APEC CEO Summit

2010-01-25 00:00:00

FE ReportA Bangladeshi corporate executive recently joined the Asia Pacific Economic Cooperation (APEC) CEO Summit, one of the most highly anticipated global business events of 2009 in Singapore.Saifuddin M Naser, managing director and CEO of Union Capital Ltd said he...

Global recession puts damper on Dhaka's overseas job exploration

2010-01-25 00:00:00

AZM AnasBangladesh has stopped pursuing manpower deals with some eastern European and African nations as the global recession dampens the country's initiatives to expand overseas job markets, officials said Saturday. They said Dhaka was supposed to sign memorandum of understandings...

Prime Bank opens free medical camp at Ijtema

2010-01-25 00:00:00

With a view to providing free of cost medical treatment to devotees of Bishwa Ijtema, Prime Bank Limited opened a medical camp on Bishwa Ijtema premises at Tongi in Gazipur recently.Prime Bank Deputy Managing Director IB Chowdhury inaugurated the camp...