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Tk10m bonus, salary money burgled from garment office

2009-11-27 00:00:00

FE ReportBurglars broke into a garment factory office in the capital early Thursday and ran away with Tk10 million cash meant for bonus and salary payments of more than a thousand workers, police said.Dhaka police said the money was stolen...

DSE scales new peak

2009-11-27 00:00:00

FE ReportDhaka stocks ended the week on a high Thursday with the benchmark index scaling a new peak for the fifth straight session as financials and insurers continued to buoy investors' sentiment. Trading of the Dhaka Stock Exchange was suspended...

Call money rate stable

2009-11-27 00:00:00

FE Report The inter-bank call money rate maintained a stable trend Thursday, the last working day before the Eid festival, because of strengthened open market operations by the central bank. "We've supported the banks and non-banking financial institutions (NBFIs) through...

Eid-ul-Azha tomorrow

2009-11-27 00:00:00

FE ReportThe country is going to celebrate Eid-ul-Azha tomorrow (Saturday) with due religious fervour and proper dignity. The main congregation of Eid will be held at 9:00am at National Eidgah Maidan (field) in which President Zillur Rahman, ministers, VIPs, diplomats,...

Holiday Notice

2009-11-27 00:00:00

The offices of The Financial Express (FE) will remain closed on November 27, 28 and 29, 2009 (Friday, Saturday and Sunday) on the occasion of the holy Eid-ul-Azha. Therefore, there will be no issue of the FE on November 28,...

BD to launch satellite into space

2009-11-27 00:00:00

Now Bangladesh enters space-age, as the government plans to launch a satellite into the space for development of the country's telecommunications services. Post and Telecommunications Minister Razi Uddin Ahmed Raju made the announcement at a press conference at the Press...

3.0pc tariff hike for rural power users

2009-11-27 00:00:00

Consumers under the Rural Electrification Board (REB) will have to pay at least a 3.0 per cent extra charge for electricity usages from next month as the government has decided on the power-price hike, reports UNB.Bangladesh Energy Regulatory Commission (BERC)...

15m farmers to get agri-inputs distribution cards by Dec

2009-11-27 00:00:00

FE ReportSome 15 million farmers, for the first time, will get 'agri-inputs distribution cards' by next month in a move that will support the government to streamline its payment system for the agriculture sector."Necessary preparations have been completed to distribute...

Thousands throng transport stations to go home

2009-11-27 00:00:00

FE ReportWith the Eid drawing near, the pace of people leaving the capital has gained momentum. This was evident Thursday as all transport stations of the city were seen crowded with thousands of homebound people struggling to manage tickets of...

Adequate supply of sacrificial animals keeps prices low

2009-11-27 00:00:00

Mashiur RahamanAdequate supply of sacrificial animals in the capital's six markets is keeping the price comparatively low this year ahead of the holy Eid-ul-Azha festivity."You can buy a medium size cow, the most preferred sacrificial animal by customers, with Tk25000...

Spice prices go up ahead of Eid

2009-11-27 00:00:00

FE ReportThe prices of onion, garlic, ginger, turmeric and other spices increased by at an average of 25 per cent ahead of Eid-ul-Azha. A survey over a period of 25 days conducted by Consumers' Association of Bangladesh (CAB) revealed the...

Garment workers block road to get wages

2009-11-27 00:00:00

FE ReportVehicular movement on Dhaka-Tangail Highway remained disrupted for about three hours as thousands of workers of a garment factory blockaded the road at Jamgora in Ashulia over payment of full month's wages just before two days of the Eid.Nearly...

BKB organises Nabanna Utsab

2009-11-26 00:00:00

Our CorrespondentGOPALGONJ, Nov 25: A 15-day 'Nabanna Utsab' was organised by Bangladesh Krishi Bank (BKB) on the occasion of Bangla month of Agrahayan in Gopalgonj district. The Nabanna Utsab started on November 15, 2009.On the occasion, BKB disbursed Tk 38.0...

Dollar sags in Asian trade amid weak US data

2009-11-26 00:00:00

TOKYO, Nov 25 (AFP): The dollar came under fresh pressure against the yen and euro in Asian trade Wednesday after lacklustre US data dampened hopes for a quick and sustainable rebound in the global economy. Investors waited for a batch...

Bangladesh, Nepal agree to enhance trade, investment thru' transit route

2009-11-26 00:00:00

Bangladesh and Nepal have agreed to enhance bilateral trade and investment through Rohonpur-Singabad-Birganj transit route and proposed Dhaka-Kathmandu bus service via Banglabandha-Kakorvita corridor, reports UNB.The matters were discussed when Bangladesh Ambassador to Nepal Dr. Neem Chandra Bhowmik Monday presented the...

Oil mixed in Asia after US data shows slower GDP growth

2009-11-26 00:00:00

SINGAPORE, Nov 25 (AFP): Oil was mixed in Asian trade Wednesday as traders continued to digest slower-than-expected third quarter United States growth data, analysts said. New York's main contract, light sweet crude for January delivery, fell seven cents to 75.95...

Platinum set to cross $1,550 ounce

2009-11-26 00:00:00

LONDON, Nov 25 (Commodity Online): Platinum prices are witnessing another bull run and according to research firm Johnson Matthey, the metal may cross $1,550 per ounce by mid-2010, as compared with an average $1,178 so far this year.The reason for...

Winter vegetable farming boom in Nilphamari

2009-11-26 00:00:00

Our CorrespondentNILPHAMARI, Nov 25 : The Department of Agriculture Extension (DAE) has fixed the target of producing winter vegetables in the district for the winter season.According to DAE sources, a total of 20,470 hectares of land have been brought under...

exchange rate

2009-11-26 00:00:00

November 25, Wednesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Wednesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500104.5912115.71450.794769.270866.120964.5834Agrani Bank69.3500102.6051111.16000.794267.597065.992162.6260FCBsStanChart69.50106.02117.560.8270.9767.1065.73HSBC 69.4680106.1226117.47800.835769.905766.221465.0532Citibank naNANANANANANANABank of Ceylon69.4400106.0029117.95360.811171.002066.354566.3291PCBsUttara Bank69.4500104.7759115.62460.796568.868265.935764.3025AB Bank69.4500106.0753117.12120.8045NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

US committed to civilian nuclear agreement with India: Obama

2009-11-26 00:00:00

WASHINGTON, Nov. 25 (Xinhua): The United States will be "fully committed" to finalize a civilian nuclear agreement reached with India in 2005, President Barack Obama said here Tuesday."I reaffirmed to the prime minister my administration's commitment to fully implement the...

US to send 34,000 more troops to Afghanistan

2009-11-26 00:00:00

BEIJING, Nov. 25 (Xinhuanet): US President Barack Obama is expected to send about 34,000 additional troops to Afghanistan, a US defense official was quoted as saying by news agencies Wednesday.The US Defense Department official with direct knowledge of the process...

Arroyo declares national day of mourning for victims

2009-11-26 00:00:00

MANILA, Nov. 25 (Xinhua): Philippine President Gloria Macapagal-Arroyo Wednesday declared a national day of mourning for the victims of Monday's massacre in the country's southern province of Maguindanao.Executive Secretary Eduardo Ermita said in a press briefing that Ms Arroyo declared...

Saudi denies report that its military encroached on Yemen territory

2009-11-26 00:00:00

RIYADH, Nov 25 (AFP): Saudi Arabia Wednesday denied reports that its military encroached on Yemen territory to attack Shiite rebels in their homeland.A senior defence ministry official said reports in various media that Saudi forces had attacked the rebels inside...

Ahmadinejad in Venezuela on official visit

2009-11-26 00:00:00

CARACAS, Nov 25 (AFP): Iranian President Mahmoud Ahmadinejad arrived in Caracas for a meeting with President Hugo Chavez, just hours after the Iranian leader stopped in La Paz for a meeting with the Bolivian leader.Ahmadinejad and Chavez, two outspoken anti-American...

Vigorous exercise reduces stroke risk for senior men

2009-11-26 00:00:00

LOS ANGELES, Nov. 25 (Xinhua): Senior men who do moderate-to-high intensity exercise may face a much lower risk of stroke, a new study has suggested.Older males who did moderate-to-high intensity exercise, such as jogging, swimming or tennis, were 63 percent...

UN 'failing' in fight against DR Congo rebels

2009-11-26 00:00:00

United Nations operations against Rwandan-Hutu rebels in eastern Democratic Republic of Congo have been a failure, UN-mandated experts say, reports BBC.The report, seen by the BBC, says the rebels continue to receive arms supplies and recruit fighters.It says the UN...

news digest

2009-11-26 00:00:00

UN calls for Ivory Coast election date UNITED NATIONS, Nov 25: UN Secretary General Ban Ki-moon on Tuesday urged the Ivory Coast to set a date for the country's long-awaited presidential election, which had originally been scheduled for November 29....

Rajuk to return failed applicants' deposit after 46 days of prayer

2009-11-26 00:00:00

Fazlur RahmanThe applicants who failed to win residential plots in two housing projects of Rajuk will get back their deposits after 46 working days of applying for the money, officials said Wednesday.Meanwhile, some unsuccessful applicants for plots in Purbachal New...

Citibank moves bank services to Motijheel

2009-11-26 00:00:00

Citibank, NA, Bangladesh has recently moved its Bank Services Group (BSG) office to Motijheel, said a press release. The new office will cater exclusively to the Bank clients of Citibank, NA. Citibank has been providing correspondent banking services to all...

Mercantile Bank to finance purchase of tractors by farmers

2009-11-26 00:00:00

From now on, Mercantile Bank Limited will finance the farmers directly to purchase tractors for the development of agricultural sector, said a press release. In this connection, an agreement was signed between Mercantile Bank Limited and ACI Motors Limited, the...