YANGON, Dec 29 (Xinhua): A Myanmar official newspaper Tuesday urged farmers and private entrepreneurs in the country to extend growing of rubber plants of quality strains on a commercial scale for export in the light of brisk rubber trade in...
TOKYO, Dec 29 (Bloomberg): Wheat dropped on speculation that a price rally to a three-week high and the dollar's rebound may reduce demand for the US crop. Corn and soybeans also declined. The grain yesterday jumped 5 per cent, the...
SINGAPORE, Dec 29 (Commodity Online): Gold prices fell in Asian trade Tuesday as the strengthened dollar hits it appeal as an alternative investment. Spot gold was seen trading at $1102.78 an ounce at 11.30 a.m Singapore time while February contract...
December 29, 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 Bank69.4500100.2847111.40480.764967.404466.862061.8822Agrani Bank69.4500100.0441111.34080.767467.355566.786661.6952FCBsStanChart69.60101.60112.510.7868.4967.5562.99HSBC 69.5605101.4182112.92930.792967.649466.699562.0474Citibank naNANANANANANANABank of Ceylon69.5000102.0354113.99100.791768.521166.919963.9254PCBsUttara Bank69.5000100.6825111.68000.772767.207466.867861.8986AB Bank69.6000101.9941113.12690.7776NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
MOSCOW, Dec 29 (AP): Prime Minister Vladimir Putin Tuesday urged Washington to provide Moscow with data about US missile defense developments as part of an information exchange under a new arms treaty.Putin's remarks carried by Russian news agencies signaled difficulties...
KARACHI, Dec 29 (AP): Authorities appealed for calm Tuesday as the death toll from a bombing against a Shiite Muslim procession in Pakistan's largest city of Karachi increased to 40.Monday's bombing against a Shiite procession marking the key holy day...
WASHINGTON, Dec 29 (AP): Two federal agencies charged with keeping potential terrorists off airplanes and out of the country have been without their top leaders for nearly a year.It took the Obama administration more than eight months to nominate anyone...
TEHRAN, Dec 29 (AP): Iran is accusing Western countries of fomenting this week's violent protests in the capital and says it is summoning Britain's ambassador to file a complaint.In Tehran Tuesday, Foreign Ministry spokesman Ramin Mehmanparast said the deadly clashes...
URUMQI, China, Dec 29(AP): China brushed aside international appeals Tuesday and executed a British drug smuggler who relatives say was mentally unstable and unwittingly lured into crime.Britain's prime minister quickly criticized the execution - China's first of a European citizen...
CARACAS, Dec 29 (Reuters): Venezuela's President Hugo Chavez said in a New Year's message the "illusion" around President Barack Obama was over and rich nations had left the world on the verge of ecological disaster. Quoting from both Karl Marx...
KABUL, Dec 29 (CNN): US-led forces in Afghanistan said Monday they are investigating reports that 10 Afghan civilians, including eight students, were killed Saturday in a coalition operation in the Narang district of Kunar province."We will definitely be looking into...
Doulot Akter MalaCorruption is rampant in the country's largest land port Benapole hindering smooth export-import activities, a government intelligence report said.A section of corrupt customs officials and port operators have long been illegally charging so-called 'speed money' at every step...
FE ReportA new 19-member committee of the board of governors of Association of Bankers, Bangladesh (ABB) has been elected for 2009-2011 term.The committee was elected in the 12th annual general meeting of ABB held recently in the city.Mr. K. Mahmood...
Southeast Bank Limited expanded its network further by opening its 9th SME Service Centre at Jessore recently. Shahid Hossain, Senior Executive Vice President and Head of Human Resources Division of the Bank formally inaugurated the SME Service Centre. In the...
FE ReportGlobal Markets Department of HSBC Bangladesh organised a workshop titled 'Balancesheet Management and Risk Transfer Principles' at Manikganj recently. Foreign exchange dealers from 22 commercial banks and officials of the central bank participated in the workshop, said a press...
Jasim Uddin Haroon A local entrepreneur Saturday said it has taken a move to build multi-storeyed automated digital car parks at a cost of Tk 2.0 billion to help reduce traffic snarl-ups in the city.This new digital parking system would...
The 14th Annual General Meeting of Metro Spinning Limited was held at Spectra Convention Centre in the city Monday.The AGM approved Stock Dividend - (Bonus Shares) @25% (125 Shares for every 500 Shares) for the Financial Year 2008-09 for the...
National Tubes Limited has approved 30 per cent cash and 10 per cent stock (bonus share) dividends for its shareholders for the year 2008-09, according to a press release.The company also earned a pre-tax net profit of Tk 85.40 million...
FE ReportOfficers' knowledge in preparing bankable project proposals is key to ensuring access to finance to face challenges of globalisation.Director of Dhaka Chamber of Commerce and Industry (DCCI) Waqar Ahmad made the observation.He was speaking as the chief guest at...
FE ReportThe IPO (Initial Public Offering) lottery draw of R.N. Spinning Mills Limited was held Sunday at the Engineers Institution, Dhaka in the city.The schedule of sending refund warrants will be published in newspapers, officials concerned said. The company offered...
Chittagong OfficeChittagong, Dec 29: The annual general meeting (AGM) of Chittagong Chamber of Commerce and Industry was held in the CCCI auditorium recently.Most members of the trade body participated in the AGM chaired by its president MA Latif MP.Latif said,...
FE Report Banglalion Wimax has appointed Aftab Mahmud Khurshid as its chief brand officer (CBO) recently. Prior to joining Banglalion, he was the head of brand and marketing of City Bank.Mr Khurshid has a decade of experience and worked in...
The apex court Tuesday turned a deaf ear to government plea for staying the operation of a High Court (HC) interim direction for the law not to disturb in any manner the daily Amar Desh acting editor and two others...
RAJSHAHI, Dec 29 (BSS): The daylong cold weather coupled with chilly wind hampered the normal life in the city and its adjoining areas Tuesday. Local Met office recorded the season's lowest minimum temperature at 6.1 degrees Celsius here this morning...
Bangladesh has overtaken India in apparel exports this year as for the first nine months, its exports stood at 2.66 billion US dollar, ahead of India's 2.27 billion US dollar, BSS reports from New Delhi, India.In 2008, both the countries...
The Steering Committee members of the South Asia Network of Economic Research Institutes (SANEI) agreed at a meeting in the city Saturday to strengthen networking among economic research institutions in the region for generation of knowledge to accelerate pace of...
The Bangladesh Development Bank Ltd (BDBL), created through the merger of two state-owned development-financing institutions (DFIs), the Bangladesh Shilpa Bank (BSB) and the Bangladesh Shilpa Rin Sangstha (BSRS), is expected to start operation early next month. The BDBL and the...
Shamsul Huq Zahid The government hardly does anything praiseworthy, particularly in the education sector. Despite lots of experimentations during past decades, the country's education system barring at the tertiary level is yet to catch up with global standard. If one...
Irfan AzizEntrusted with the responsibility of solving problems of city life and creating civic amenities, Dhaka City Corporation (DCC) has undeniable importance. It faces the challenge of tackling the problems of Dhaka, one of the top 10 cities of the...
The article of Mr. A.K.M Mizanur Rahman, first vice-chairman of Bank Asia published in The Financial Express (December 25, 2009) has drawn my attention. The writer expressed deep concern over the shortage of Islamic banking personnel. Now a days, conventional...
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