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Jyoti Basu: a towering people's leader

2010-01-19 00:00:00

Maswood Alam KhanIf one is asked who was one of towering Indian politicians who truly loved Bangladesh the first answer would be 'Jyoti Basu'. Basu used to treat Bangladesh like his own land and Bangladeshis his own people. His patronage...

Bank interest rate should be reduced

2010-01-19 00:00:00

Joynal AbdinDURING the great depression of the 1930s prominent British economist John Maynard Keynes showed how to respond to an economic downturn. He gave the authorities the methods to intervene in a free market and make market instruments efficient and...

Recognising Kosovo

2010-01-19 00:00:00

The American ambassador in Bangladesh sometime ago called on Foreign Minister Dipu Moni at her office and suggested that Bangladesh should recognise the independence of Kosovo. Kosovo has been recognised as an independent country by the United States and most...

Politics of destruction again?

2010-01-19 00:00:00

BANGLADESH has been blessed with 'relative' political stability for nearly the last three years. Relative in the sense that business losses in the form of work days lost, production stoppages, snags in distribution processes, et cetera, that usually have a...

Siphoned-off wealth

2010-01-19 00:00:00

NO headway has yet been made in retrieving the money which is alleged to have been smuggled out of the country by influential people, including politicians.During the anti-graft drive of the emergency caretaker government, many had allegedly admitted to different...

Regulators seek to throw light on hedge fund impact on energy trading

2010-01-19 00:00:00

Darrell DelamaideWHILE the answer might seem intuitive, the debate as to whether they actually do has come to resemble the medieval theological dispute about how many angels can dance on the head of the pin.Because, like angels, many trades in...

Planning for regeneration of Dhaka city

2010-01-19 00:00:00

Tanvir Ahmed Dhaka, a city of over 13 million people, appears to be bursting at the seams. It presents, almost everywhere, a spectacle of squalor, shanty dwellings, awful traffic congestion, shortage of basic utility services, lack of recreation sites or...

Remembering a dedicated sports personality

2010-01-19 00:00:00

Md Mahfuzur Rahman SiddiqueTHE first-ever commemoration meeting that was held in the newly-built Olympic House, Dhaka was on 2 January, 2010 and it was on Dr. Omar Faruque. A dedicated sports personality, Dr. Faruque, breathed his last on 23 November,...

HIGHLIGHTS

2010-01-19 00:00:00

Pyar Ka BandhanOn SONY ENT TV Tuesday at 1-00 pm. Four siblings… four different destinies… separated by fate but bound by blood… will the calling of blood bring them back together? Pyaar Ka Bandhan is an emotional story of four...

'Avatar' wins top honours at Golden Globes

2010-01-19 00:00:00

BEVERLY HILLS, Jan 18 (AFP): Science-fiction blockbuster "Avatar" took top honors at the 67th Golden Globes here late Sunday, winning best picture and best director to cement its status as an Oscars front-runner.The ground-breaking epic from "Titanic" director James Cameron...

AR Rahman wows audience at Sydney Festival

2010-01-19 00:00:00

MELBOURNE, Jan 18: Oscar-winning Indian composer AR Rahman attracted a huge audience at Parramatta Park for a Sydney Festival highlight.Rahman's performance, which included the track Jai Ho from the flick Slumdog Millionaire, featured 40 dancers and musicians dressed in vibrant...

Tuesday

2010-01-19 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...

Asian shares ease on signs of weak US consumer

2010-01-19 00:00:00

HONG KONG, Jan 18 (Reuters): Most Asian stocks fell Monday following No 2 US bank JPMorgan's heavy losses on mortgage and credit card loans which cast doubt on consumer demand in the region's largest export market.But European shares are seen...

HSBC, S Korea in race for $900m Thai bank stake

2010-01-19 00:00:00

BANGKOK/SEOUL, Jan 18 (Reuters): Thailand snapped back on to foreign investors' radar Monday, as HSBC, Korea Development Bank and a local lender jostled for a $900-million stake in seventh-ranked Siam City Bank.Europe's biggest bank and state-owned KDB face a tough...

Indosolar aims Rs 4.0b IPO to fund expansion plans

2010-01-19 00:00:00

NEW DELHI, Jan 18 (PTI): Solar photo-voltaic cells maker Indosolar Ltd plans to come out with an initial public offer for raising Rs four billion to fund its proposed expansion project. The Delhi-based company has filed its draft red herring...

Motorola plans 5-6 smartphones in China this year

2010-01-19 00:00:00

SEOUL, Jan 18 (Reuters): Motorola Inc is planning to launch five to six smartphones in China this year with one model ready to be unveiled shortly, officials of the US mobile phone maker said Monday."In China, we've already launched two...

Toyota to build 1.0m hybrid cars in 2011

2010-01-19 00:00:00

TOKYO, Jan 18 (Reuters): Toyota Motor Corp plans to increase global production of gas-electric hybrid cars to one million units in 2011, twice the volume of last year, as it tries to keep its leading position in the growing low-emission...

Creditors put Dubai World debt up for sale

2010-01-19 00:00:00

LONDON, Jan 18 (PTI): Dubai World's bank creditors have offered their loans for sale ahead of the restructuring of the conglomerate's debts, in a bid to reduce exposure, says a media report."Bank creditors to Dubai World that are owed billions...

BoK declares profit rates on PLS deposits

2010-01-19 00:00:00

PESHAWAR, Jan 18 (Business Recorder): The Bank of Khyber (BoK) has declared the profit rates on various PLS deposits of conventional branches for the half year ended on December 31, 2009 at the following rates from July 1, 2009. According...

India to provide additional 30 MW of power to Nepal

2010-01-19 00:00:00

KATHMANDU, Jan 18 (PTI): India Sunday announced that it would give an additional 30 MW of power to Nepal, which is facing an acute shortage of electricity. India, which is already providing 20 MW of electricity to Nepal, would give...

Euro struggles in Asia amid Greece's debt woes

2010-01-19 00:00:00

TOKYO, Jan 18 (AFP): The euro struggled in Asian trade Monday as investors anticipated a weak business sentiment survey from Germany amid worries of a looming budget crisis in Greece, dealers said. The euro slid to 1.4378 dollars in Tokyo...

Oil dips below $78 in Asian trade

2010-01-19 00:00:00

SINGAPORE, Jan 18 (Commodity Online): World oil prices dropped further in Asian trade Monday mainly on a strong dollar amid declining stocks.Light sweet crude for February delivery was seen trading at $77.41 a barrel at 11.30 a.m Singapore time while...

Gold edges up above $1131 in Asia

2010-01-19 00:00:00

SINGAPORE, Jan 18 (Commodity Online): Gold remained highly volatile but showed signs of recovery in Asian trade Monday despite a firm dollar.Gold for immediate delivery was seen trading at $1,131.20 per ounce at 11.30 a.m Singapore time while gold futures...

Palladium to rise by 40.0 pc in 2010

2010-01-19 00:00:00

NEW DELHI, Jan 18 (Commodity Online): Even as the world is now turning to commodities following the recession, analysts claim that most of the investors are now looking for precious metals which are expected to soar in this year.Analysts suggest...

Global wheat production forecast at 673m tonnes

2010-01-19 00:00:00

Global production of wheat for 2009/10 is forecast at 673.9 million tonnes whereas global consumption at 646.7 million tonnes, according to the USDA. Canada's production forecast is increased 2.5 million tonnes to 26.5 million in December, which is still 2.1...

exchange rate

2010-01-19 00:00:00

January 18, 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 Bank69.4500100.3056113.59090.771867.889667.863264.2623Agrani Bank69.450099.9469113.52850.774267.864767.802164.1051FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.5255101.4225114.96410.788568.288567.951964.6636Citibank naNANANANANANANABank of Ceylon69.5400102.4907116.35000.793769.187168.431466.8697SPCBsUttara Bank69.5000100.8710113.59950.780567.842967.836064.4882AB Bank69.5000101.9476115.15150.7833NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Suicide bombers, gunmen attack central Kabul, ‘36 killed’

2010-01-19 00:00:00

KABUL, Jan 18 (agencies): Taliban gunmen, some wearing suicide vests, launched a commando-style assault on government buildings in the center of Kabul Monday, underscoring the perilous security situation in the Afghan capital.It was the worst attack on the city in...

Haiti earthquake relief scarce amid clamour for help

2010-01-19 00:00:00

Despite losing their homes and many of their belongings people still turned out to church Sunday dressed immaculately. Aid is arriving, but many Haitians are still waiting, reports BBC.There were still songs of praise being sung, but also prayers for...

Tributes paid to Jyoti Basu

2010-01-19 00:00:00

Thousands of people in the Indian city of Calcutta have queued up outside a mortuary for a glimpse of communist leader Jyoti Basu's body, reports BBC.Mr Basu died at the age of 95 Sunday after a long illness. Tributes have...

Maoists blow up mobile network in Bihar

2010-01-19 00:00:00

PATNA, (India), Jan 18 (Reuters): Maoist rebels blew up three mobile phone towers, destroyed railway tracks and forced shops to close during a day-long strike in Bihar Monday, police said.The Maoist violence-estimated to have caused 600 to 700 deaths annually...