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Oil above 78 dollars in Asian trade

2009-11-24 00:00:00

SINGAPORE, Nov 23 (AFP): Oil prices moved above 78 dollars a barrel in Asian trade Monday as a weaker US dollar helped boost demand, analysts said. New York's main contract, light sweet crude for January delivery, advanced 79 cents to...

Takaful Islami Ins EC meet held

2009-11-24 00:00:00

Takaful Islami Insurance Limited held its 77th executive committee (EC) meeting at its head office in the city recently, said a press release. Executive Committee Chairman Emdadul Haque Chowdhury presided over the meeting. Managing Director of the company Abul Kashem...

Copper surges to 14-month high

2009-11-24 00:00:00

SINGAPORE, Nov 23 (Bloomberg): Copper futures in London, New York and Shanghai rallied to 14-month highs in Asia as expectations for further dollar weakness increased investor interest in physical assets as alternative investments.The metal used in construction and automobiles has...

Move under way to turn TCB a limited company

2009-11-24 00:00:00

A committee of experts is examining different aspects whether the Trading Corporation of Bangladesh (TCB) could be turned into a public limited company or strengthened any other way. Chairman of parliamentary standing committee on commerce Advocate Lutful Hai said this...

Euro rebounds in Asian trade

2009-11-24 00:00:00

SINGAPORE, Nov 23 (AFP): The euro rebounded against the dollar in subdued Asia trading Monday, with Japan closed for a holiday. The euro rose to 1.4957 dollars in Singapore trade from 1.4860 in New York late Friday, and to 132.53...

Gold sets another record above $1160 an ounce

2009-11-24 00:00:00

SINGAPORE, Nov 23 (Commodity Online): Gold created yet another record in Asian trade Monday and crossed the $1160 an ounce mark mainly on heightened speculation of more investors diverting to the yellow metal.Spot gold was seen trading at $1160.35 an...

GP holds divisional festival in Joypurhat

2009-11-24 00:00:00

Our CorrespondentJOYPURHAT, Nov 23: A two-day Rajshahi regional festival of GrameenPhone (GP) Limited was held on the premises of Joypurhat Sahid Dr Abul Kashem Maidan Sunday.About 50 representatives from different districts of the division and eight local agencies of GrameenPhone...

Farmview Super Market Shop-owners' welfare association holds election

2009-11-24 00:00:00

Election to the executive committee of the Farmview Super Market Shop-owners' Welfare Association was held at its office in the city recently, said a press release. Md Harun-or-Rashid has been elected president and Md Dullal Hossain genarel secretary of the...

India cancels tender to import 30,000 tonnes of rice

2009-11-24 00:00:00

NEW DELHI, Nov 23 (Commodity Online): In a significant move, India has cancelled tenders to import rice despite a harvest shortfall following the worst monsoon in almost four decades.This decision to cancel tenders to import a total of 30,000 tonnes...

exchange rate

2009-11-24 00:00:00

November 23, 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 Bank69.4500104.1933115.03220.789568.928765.525064.2204Agrani Bank69.3500102.6051111.16000.794267.597065.992162.6260FCBsStanChart69.50105.68118.010.8170.6866.9765.76HSBC 69.4655105.6494116.71960.830169.490065.553764.6149Citibank naNANANANANANANABank of Ceylon69.4900105.9055117.67710.811770.879265.992466.2657PCBsUttara Bank69.4500104.5596115.26890.796768.664265.490064.1840AB Bank69.4500105.6664116.47670.7993NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Thrust on IT facilities to spur economic progress

2009-11-24 00:00:00

FE ReportThe country would achieve economic progress faster if the technological services can be made available to the people, Mashiur Rahman, economic affairs advisor to the prime minister, said Monday."It would be unfortunate if we keep people away from the...

HSBC voted best FX Bank in Asia-Pacific

2009-11-24 00:00:00

The Hongkong and Shanghai Banking Corporation (HSBC) Limited has won seven major awards in the 'FX Week Best Banks Awards for 2009' including winning 'Best Bank for FX for Corporate' for the fifth year running.The bank also won all three...

BCS ICT World 2009 ends

2009-11-24 00:00:00

FE ReportCommerce Minister Faruk Khan has asked the local IT entrepreneurs to venture into the manufacturing of computer hardware and machineries to explore the country's further potential in ICT. "Now can be the time to tap into the hardware manufacturing...

IFFAB's 2-day training in Ctg

2009-11-24 00:00:00

Our CorrespondentChittagong, Nov 23: The freight forwarders concluded their two-day training today putting emphasis on upgrading the standard of work and enhancing their efficiency.International Freight Forwarders Association of Bangladesh (IFFAB) organised the workshop on freight forwarding, its trade and practice...

Bakhrabad Gas earns Tk 7.35b net profit

2009-11-24 00:00:00

Bakhrabad Gas Systems Limited (BGSL) earned a net profit of Tk 7.35 billion (735.54 crore) during the year 2008-09. This was disclosed at the 29th annual general meeting (AGM) of the company in the city recently, the company said in...

DBH's dividend payout increases by 38pc

2009-11-24 00:00:00

The dividend payout of Delta Brac Housing (DBH) Finance Corporation Limited has increased by 38 per cent compared to last year as the company has declared 15 per cent stock dividend (three bonus shares against every 20 ordinary shares) and...

ICB AMCL declares NAV of six unit funds

2009-11-24 00:00:00

The ICB Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the Net Asset Values (NAV) of its six unit funds, said a press release.ICB AMCL First Mutual Fund: The total NAV of ICB...

Knit-Tex exposition to start Dec 10

2009-11-24 00:00:00

FE ReportA three-day international exposition of knitwear and textile machinery will kick off on December 10 with a view to introducing the latest technology and machinery to local businessmen. The second 'Knit+Tex Bangladesh 2009 International Expo' will be placed at...

Nestle's new production line inaugurated

2009-11-24 00:00:00

FE ReportIndustries Minister Dilip Barua Sunday inaugurated new production line of Nestle's Maggi 2 minute noodles at Sreepur in Gazipur.An estimated Tk 130 million was spent on installation of the new line.The minister said government will develop special economic zones...

Bata wins 'Superbrands Award'

2009-11-24 00:00:00

DU CorrespondentBata Shoe Company (Bangladesh) Ltd has won the 'Superbrands Award', popularly known as Oscar of branding, for its excellence in all sides of branding.Bata Bangladesh Managing Director JD Hearns received the award from Superbrands Bangladesh Marketing Director Wasfi Tamim...

IPO Diary

2009-11-24 00:00:00

ICB Employees Provident MF One: Scheme 1Nature of the fundClose-end Scheme of 10 (ten) years TenureSubscription OpenNovember 22, 2009Subscription CloseNovember 26, 2009For Non resident BangladeshisNovember 22, 2009 to December 05, 2009Offer PriceTk 10 per unitFace ValueTk 10 per unitMarket lot500...

Manmohan Singh begins US visit

2009-11-24 00:00:00

Indian PM Manmohan Singh has begun a visit to the US for talks expected to be dominated by Afghanistan, climate change and nuclear energy cooperation, reports BBC.Mr Singh has said that a victory for the Taliban in Afghanistan would be...

US-Pakistan ties run into snags as both sides trade fresh charges

2009-11-24 00:00:00

KABUL, Nov. 23 (Xinhua): Pakistan has categorically rejected reports of the Washington Times about presence of Afghan Taliban leader, Mulla Mohammad Omar, in Karachi of the country.Speaking to a private Pakistani TV channel, Pakistan's Foreign Office spokesman, Abdul Basit, stressed...

Pakistani forces attack Taliban in NW, kill 22

2009-11-24 00:00:00

HANGU, (Pakistan), Nov 23 (Reuters): Pakistani security forces backed by tanks and artillery attacked Taliban positions in the northwest of the country, killing 22 militants, a senior police official Monday.The attack was part of a broader campaign against militants in...

Incumbent president narrowly leading Romania's presidential elections

2009-11-24 00:00:00

BUCHAREST, Nov. 23 (Xinhua): Exit polls gave incumbent President Traian Basescu a narrow lead in Romania's presidential elections on Sunday with 32.8 percent of the vote, against 31.7 percent for his main opponent, Mircea Geoana of Social Democrats. According to...

news digest

2009-11-24 00:00:00

Lula takes risk in welcoming Ahmadinejad to BrazilBOGOTA, Nov 23 : President Luiz Inacio Lula da Silva may lose global influence by playing host to the Iranian leader, who is searching for new economic opportunities ahead of stiff sanctions the...

HIGHLIGHTS

2009-11-24 00:00:00

Pyar Ka BandhanOn SONY ENT TV Tuesday at 2-00 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...

Akshay Kumar foregoes fees for TV show

2009-11-24 00:00:00

In his endeavour to spread awareness about Karate and Martial Arts in general, Akshay Kumar has let go of at least a few lakhs for a TV show. A special 'making' segment has been created for the Karate Championship sponsored...

Tuesday

2009-11-24 00:00:00

BTVam07:00 Announcement, Recitation From The Holy Quran, Programme Outline And The Holy Tripitak Paath07:10 Saswato Jibon07:15 Suvechaa Nin08:00 Morning News08:30 Open Univercity09:00 Sangbad Shironam09:15 Satellite Transmission11:15 Sukhi Paribar11:40 Sangeeta Anusthan12:00 Sangbad Shironam12:05 Sangbadpatrer Pata Theke12:30 Drama Serial- Swapno Sonargaon01:00 Sabar...

BNP council will not move: Goyeshwar

2009-11-24 00:00:00

Joint secretary general of the main opposition BNP Goyeshwar Chandra Roy said Monday that the BNP's national council, slated for Dec 8, would not defer even though internal squabbling foiled district councils, reports bdnews24.com.The main opposition party has prepared council...