PORT OF SPAIN, Dec 2 (UNB): The three-day Commonwealth Heads of Government Meeting (CHOGM) '2009 ended with strong consensus of the global leaders to facilitate financing for the Most Vulnerable Countries (MVCs) to adapt to and deal with the disastrous...
FE ReportImplementation of the revised Poverty Reduction Strategy Paper (PRSP) would cost the government nearly $49 billion, according to the final estimate done by a high-powered committee, headed by Planning Minister A.K. Khandaker.There would be a resource shortfall of US$12.5...
From Fazle RashidNEW YORK, Dec 02: President Barack Hossain Obama in a historic address to the cadets of the West Point military Academy, most prestigious in America, yesterday vowed to "finish the war" in Afghanistan and bring the troops back...
FE ReportThe first day of the introduction of separate lanes for transports by Dhaka Metropolitan Police (DMP) passed off in a relaxed manner as vehicles and traffic policemen were few on the streets. On Wednesday, traffic police stopped some vehicles...
Doulot Akter Mala The government has short listed names of 43 leading industrialists for awarding CIP (Commercially Important Person) status for the year 2009 on basis of their export performance. The Ministry of Commerce has sent the list of the...
Siddique Islam The central bank has revised the underwriting obligations of primary dealer (PD) banks and financial institutions at the time of primary auctions of the government securities aiming to brining dynamism in the secondary securities market. The revised underwriting...
Our Correspondent CHITTAGONG, Dec 01: The price of animal hides and skins was remarkably low in Chittagong this time as the market was controlled by a syndicate of middlemen, sources alleged.Medium-size cow hides were sold at Tk. 300 to 500...
Election schedule for the post of BNP chairperson was formally announced Tuesday ahead of its fifth national council on December 8, reports UNB.Justice TH Khan, chairman of the three-member election commission for BNP chairperson election 2009, announced the schedule at...
It is about time we all got a bit realistic about how much the government machinery can actually spend on development programmes and what resources can be mobilized to finance that spending. What has been happening for the past decade...
Fahimda AkhterBangladesh has been one of these countries to pursue a policy of extending public health care at free or nominal costs to large sections of its population who are too poor to buy medicare privately. Bangladesh is not seen...
Md. Joynal AbdinTHE people expect the new government, which came to power with a landslide election victory, to show respect to public sentiment. The people, who gave it the landslide victory naturally have high expectations from this government. In last...
The people did not vote just for the transition to an elected government. They were very keen to see real changes in the way the country was being governed. Those who are on the driving seat of power must realise...
Systematic policies were not operative to channelise funds to the private sector to stimulate it. In many countries, the entrepreneurs are allowed the vital level playing field. They are not spoon-fed but government policies at least try to keep them...
Suborna BaruaBangladesh has a very small market for mutual funds. As reported earlier in a contemporary, currently 17 mutual funds trade at an average of 2.75 times their net asset value (NAV) and 75 times their earnings. It also said...
Fazle RashidThe Thanksgiving week-end in the United States, that begins on the last Thursday in November every year, provides the longest break to people, a four-day recess to allow them to join their parents for the brunch with a roast...
Nurul IslamTHE long historical background of Arakan claims the existence of the world's most oppressed ethnic minority, Rohingya Muslims.The Rohingyas are Muslims from the Mayu frontier area, the Buthidaung and Maungdaw township in the isolated province of Rakhine in western...
SINGAPORE, Dec 1 (Dow Jones): Financial stocks were among the biggest winners in a broad Asian stock market rally Monday following Friday's sharp selloff, as investors found refuge in reassurance by the United Arab Emirates' central bank that it would...
NEW DELHI, Dec 1 (The Economic Times): Car majors Maruti Suzuki and Hyundai Motor India Ltd have registered record cumulative sales for the month ending November 30, 2009. The cumulative sales of HMIL accounted for 55,265 units which reflect a...
LAHORE, Dec 1 (Business Recorder): IGI Funds Limited, the Asset Management Company of IGI Financial Services and Packages Group has launched the 'IGI Islamic Income Fund' and the IPO dates for the fund would be December 1-3, 2009. This latest...
MELBOURNE, Dec 1 (Reuters): Zijin Mining Group Co, China's largest listed gold company, has offered $498 million for Indophil Resources NL, chasing the Australian miner's one-third stake in a big copper and gold lode in the Philippines.In the latest swoop...
NEW YORK, Dec 1 (CNNMoney.com): General Electric is close to clearing a major hurdle in its path to sell control of entertainment giant NBC Universal to Comcast, according to published reports Monday.GE has reached a tentative deal to buy Vivendi...
BEIJING, Dec 1 (Commodity Online): China is showing an unending appetite for the yellow metal and its production is set to record a new high this year.According to newspaper reports, the country's gold demand might be more than 450 tonnes...
SINGAPORE, Dec 1 (AFP): Oil was relatively flat in Asian trade Tuesday after overnight gains on upbeat US business data that boosted economic recovery hopes, as fears over Dubai's debt problems receded, analysts said. New York's main contract, light sweet...
TOKYO, Dec 1 (AFP): The yen softened against the dollar and euro in Asian trade Tuesday on profit-taking as fears over a default crisis in Dubai eased and ahead of a central bank meeting in Tokyo, dealers said. Investors were...
TOKYO, Dec 1 (Bloomberg): Rubber advanced as a drop in Japan's currency against the dollar raised the appeal of yen-based contracts and as shippers in Thailand increased prices after rain and flooding curbed production.Futures in Tokyo gained as much as...
SINGAPORE, Dec 1 (Bloomberg): Copper may drop for the first time in three days on concern a recent rally was excessive amid rising global inventories and as the dollar advanced against the yen after the Bank of Japan said it...
December 01, 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 Bank69.4500104.7936114.40550.806669.470766.133564.0390Agrani Bank69.3500102.6051111.16000.794267.597065.992162.6260FCBsStanChart69.50106.25116.140.8371.1967.1265.17HSBC 69.4710106.9715118.04860.844270.435166.661565.0254Citibank naNANANANANANANABank of Ceylon69.3900106.0100116.91110.826271.381566.567565.9691PCBsUttara Bank69.4500105.1248114.65510.813069.197166.060663.9887AB Bank69.4500106.3386115.89460.8158NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
Doulot Akter MalaThe government is set to withdraw the condition of 100 per cent bank guarantee equivalent to customs duty or mandatory inscription of bond facility on import packets of plastic raw materials to help the backward linkage industry. The...
FE ReportThe unsuccessful applicants are facing problems in getting back the refund warrants of two newly listed companies- Marico and Grameenphone- to their respective bank accounts.They sought help of the Securities and Exchange Commission (SEC) to solve the issue immediately,...
Mehdi Musharraf BhuiyanFor millions of fans of cartoon character Mina, it may be a common knowledge that how the young village girl, along with her brother Raju and the pet Mithu, saves her village from monsoon flooding or teach her...
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