BEIJING, Jan 6 (Bloomberg): China, facing icy temperatures and heavy snowfall, shut 0.5 per cent of its electricity-generating capacity as bad weather hampered coal deliveries to power plants.The world's second-largest energy user took offline 4,780 megawatts of capacity linked to...
SINGAPORE, Jan 6 (Bloomberg): Sugar futures may rise to more than 30 cents a pound "within the next six to 12 months," said Sunny Verghese, chief executive of Olam International Limited, a food ingredients supplier.A smaller Indian crop and demand...
HONG KONG, Jan 5 (Reuters): Asian stocks rose to a 17-month high Tuesday as growing confidence about the prospects for the global economy drew investors to riskier assets and away from the dollar, which extended its weak start to the...
SHANGHAI, Jan 5 (Reuters): Chinese automakers are gearing up to tackle tough foreign markets, after a landmark 2009 when they zoomed on to the global stage with several deals and their home market overtook the United States as the world's...
NEW DELHI, Jan 5 (Reuters): Toyota Motor Co, seeking to draw a line under a dire 2009, is ramping up in India with the launch of a new low-cost compact car to tap the fast-growing market.The world's largest automaker is...
NEW YORK/ZURICH, Jan 5 (Reuters): Hopes of a takeover battle over British confectioner Cadbury receded as Nestle ruled itself out as a suitor and Kraft sweetened its hostile 10.2 billion pound ($16.4 billion) offer.Shares in Cadbury fell as much as...
KARACHI, Jan 5 (Business Recorder): Positive activity was witnessed at Karachi share market Monday, the first trading session of new year, and KSE-100 index increased by 50.93 points to close at 9,437.85 points. The volumes at ready counter declined by...
MUMBAI, Jan 5 (Economic Times): Marico, makers of Parachute hair oil and Saffola edible oil, said Monday it has bought Colgate Palmolive's hair care brand Code 10 for an undisclosed sum, as it pushes for revenue growth in the South-East...
NEW DELHI, Jan 05 (Commodity Online): Asia's third largest economy, India said as a first step in implementing the Asean FTA deal, Free trade area agreement with Singapore, Thailand and Malaysia has become operational from January 1, 2010.Under the FTA,...
WASHINGTON, Jan 05 (Commodity Online): Global cotton production in 2010/11 is forecast at 24.2 million tons up nearly 10 per cent, according to International Cotton Advisory Committee (ICAC). The production in China is forecsted at 7.7 mn tonnes in 2010/11,...
TAIPEI, Jan 5 (Bloomberg): Taiwan's parliament voted to reinstate a ban on imports of US ground beef and offal amid mad-cow concerns, challenging a decision by President Ma Ying- jeou to allow some shipments and risking a dispute with the...
DUBAI, Jan 05 (Commodity Online): Vietnam has shut down gold trading in the New Year thanks to illegal operations and excessive speculative activity in the bullion market. But gold trading is going to boom in Dubai-the city of gold-in 2010....
NEW DELHI, Jan 05 (Commodity Online): Do you know among the commodities metals were the best performing ones in 2009? If not, remember that not only gold other metals also performed extremely well in 2009 riding on hopes for a...
JAKARTA, Jan 05 (Commodity Online): Indonesia said it will abandon the recently adopted practice of putting a ceiling on the annual cost recovery payment reimbursed to contractors.In a statement issued here Indonesia's Coordinating Economic Ministry said the policy of capping...
AHMEDABAD, Jan 05 (Commodity Online): Nickel Jan moved down 1.16 per cent today. Nickel opened at 878 and made a low of 865.6 and day's high of 881.8.Total volumes for the day is 16103 lots and open interest is around...
SINGAPORE, Jan 05 (Commodity Online): World oil prices advanced near $82 a barrel in Asian trade Tuesday mainly on better demand for fuel as winter weather spreads to more areas in the northern hemisphere.Light sweet crude for February delivery was...
January 05, 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 Bank69.4500100.6756112.02440.761267.863267.183863.6900Agrani Bank69.4500100.4747111.94510.763767.753067.106763.6329FCBsStanChart69.65101.86113.440.7869.0268.3264.94HSBC 69.6305100.9102113.54160.782767.649466.750263.0006Citibank naNANANANANANANABank of Ceylon69.5400102.4907114.75760.782369.118467.711866.2160PCBsUttara Bank69.5000101.0874112.28730.769067.658267.176763.6855AB Bank69.6000102.4177113.73810.7737NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
The relentless price hike of essential food items, despite the government’s efforts, is rather worrying. Although the stock of rice is said to be fairly satisfactory, the situation of pulses, the ‘poor man’s protein,’ is not too good. It has...
Edward Probir MondolConcepts of corporate social responsibility (CSR) and its practices in Bangladesh have a long history of philanthropic activities from time immemorial. Such philanthropic activities included donations to different charitable organisations, poor people and religious institutions. Until now, most...
Ayabur RahmanAgainst the peculiarities of South Asian region, it is a challenge for Bangladesh as to how to maintain a delicate balance of relations between China and India. It cannot afford having an imbalance of bilateral relations with two Asian...
BANGLADESH needs to create facilities for the rootless children or street children to grow up with some care. It needs to educate and house them, with due support, so that they become useful citizens.These unfortunate children, abandoned by parents, used...
Bangladesh's reputation for slow implementation of development work gives us little cause for comfort.Recently, Japan International Cooperation Centre (JICA) expressed its concern about it and indicated that it could reduce its assistance unless Bangladesh speeds up the pace of implementation....
THE education minister, Nurul Islam Nahid, has kept his words by fulfilling the government's commitment. It is about distributing textbooks among most of the madrasa and school students on the opening day of the new academic year. This is an...
A recent survey done by an NGO indicates human rights situation in Bangladesh has worsened compared to that of last year. People feel insecure due to deterioration of law and order. A steady law and order is a must for...
LAW Minister Shafique Ahmed's statement that the Awami League (AL) regime will ban religion-based political parties is unfortunate. I think such a move will create further acrimony and disunity among the people of Bangladesh. Subsequent political crisis and clashes may...
BANGLADESH escaped the worst of the 2008-09 financial crisis by following its own path, even if the overarching approach should be one of global integration and gradual financial liberalisation.We do know how banks in Bangladesh escaped the scourge of high...
Maswood Alam KhanTHE other day, two scholars from two diametric domains were invited as guests to participate in an episode of Tritio Matra, a very popular 'talk show' aired daily by the private television station 'Channel-I'. One guest was Dr...
Ferdaus Ara BegumTHE SME Financing Fair 2009, had recently, brought out in full the interest of entrepreneurs, the banks and financial institutions (FIs) in small and medium enterprises (SME). In all twenty six banks, financial institutions and SME supporting organisations...
Mirza Md. Adwit RahmanWE are quite familiar with the spectre of 'donation'. At school admission time, in particular, we fear it the most.School authorities ask for it in the name of development fees. But, in reality it is a 'bribe'...
HONIARA, Solomon Islands, Jan 5 (AP): Landslides and a tsunami unleashed by a major earthquake destroyed some 200 houses on one Solomon island, leaving about one-third of the population homeless, a disaster management official said Tuesday.Visual assessments from the air...
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