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...
The gas crisis in the city has reached unbearable levels. In fact, the phenomenon is not new and had been like this for a long time. No matter how many times it has been mentioned in the media, the authorities...
Gopal SenguptaJUSTICE Nazrul Islam Chowdhury, while speaking at a seminar on December 19 last, observed that many a lawmaker do not go through the texts of the laws before passing them into laws. He rightly highlighted the need on the...
K. M. MuktaJUDICIARY is an important and indispensable organ of a modern nation state. It is a rudder-like entity. It is the last and tested resort to uphold the Constitution, reflecting the aspirations of the people at large. But within...
SYDNEY, Dec 27 (Bloomberg): Asian stocks advanced this week for the first time in three weeks, led by technology companies and commodity producers on optimism the global economic recovery is strengthening. Inotera Memories Inc. surged 23 per cent in Taipei...
FE ReportThe annual sales conference 2009 of Silva Pharmaceuticals Ltd, a company of Al-Amin Group, was held at the BIAM auditorium in the city Saturday.AR Hasan Mirza, director (operation) of the company, inaugurated the conference.Mr Mirza, in his inaugural speech,...
NEW DELHI, Dec 27 (Bloomberg): India increased the amount some state-run companies can spend to acquire assets and set up joint ventures, allowing them greater freedom to expand and become globally competitive. The "maharatna" companies will be able to make...
LONDON, Dec 27 (Bloomberg): European stocks rose for a second week, with the benchmark Dow Jones Stoxx 600 Index heading for its largest annual increase in a decade, on mounting evidence that the global economy is recovering. Royal Dutch Shell...
Dulamia Cotton Spinning Mills Limited (DCSML) has approved 2.0 per cent dividend for its shareholders for the year 2008-09, according to a press release.The approval was given at the 22nd annual general meeting (AGM) of the company on the factory...
FE ReportHolcim (Bangladesh) Ltd, a leading cement company in the country, arranged a get-together titled 'Holcim Family Time' at Cox's Bazaar recently. Holcim always considers its dealers as channel partners and family members of its big corporate family. Holcim arranged...
NEW YORK, Dec 27 (Bloomberg): Shares of the following companies may have unusual moves in US trading. Stock symbols are in parentheses. Electronics for Imaging Inc. (EFII US): The digital- printing company said its tender offer was oversubscribed and that...
BEIJING, Dec 27 (AFP): China's national assembly Saturday signalled the country's commitment to reducing greenhouse gas emissions by adopting a law supporting its renewable energy industry. The new law, an amendment to one on renewable energy adopted by the National...
Our CorrespondentTANGAIL, Dec 27: The prices of rice, pulse, oil, have increased in the markets across the district. Low quality rice BR-11 and Irri 29 were sold at Tk 22 to Tk 24 per kilogramme (kg) last week. But this...
HWANGE, Dec 27 (AFP): Zimbabwe's already dim electricity supply faces a new threat, as the country's main power plant says it needs to dig for new coal reserves under a river inside a national park to keep running. Hwange Colliery...
Grameenphone (GP) Limited has taken initiative to distribute blankets to the cold-hit distressed people of Dhaka and Rajshahi divisions, according to a press release. As a part of the Corporate Social Responsibility (CSR), high officials of GP distributed blankets among...
NEW DELHI, Dec 27 (Commodity Online): Very soon your freight charges will be directly related to price index of the commodities you dispatch. Indian Railways has taken the first step towards this step, which includes various other factors as well...
Refined Soybean Oil futures closed lower in tandem with overseas market and lower demand at retail ends. AS per Trade Ministry of Indonesia, Indonesia will raise its export tax on crude palm oil exports to 3 per cent in January....
Consumption in 2008 was virtually the same as in 2004 and 7.4 per cent below the record 2007 level, due to the sudden collapse of demand in the last quarter, as uncertainty gripped all markets. This trend continued into 2009,...
TOKYO, Dec 25 (Bloomberg): Japan's shipments of aluminum rolled products dropped last month at the slowest pace since a contraction in orders began in October last year. Supplies to the domestic and export markets fell 1 per cent to 164,859...
CHICAGO, Dec 27 (Commodity Online): Prices of cocoa, a key ingredient that gives the distinct flavour and taste to chocolates may be soaring through the roof but that hasn't affected chocolate sales in some unexpected nations not known for heavy...
December 27, Sunday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Sunday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500100.4941111.16110.769367.397966.479961.7775Agrani Bank69.450099.9746111.25750.769067.194066.532861.3896FCBsStanChart69.60101.60112.510.7868.4967.5562.99HSBC 69.5605101.4182112.92930.792967.649466.699562.0474Citibank naNANANANANANANABank of Ceylon69.5000102.0354113.99100.791768.521166.919963.9254PCBsUttara Bank69.5000100.9268111.44270.777067.207466.492061.7800AB Bank69.5500102.1721112.80400.7811NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
TEHRAN, Dec 27 (Reuters): Security forces fired tear gas to disperse opposition supporters in central Tehran Sunday, during a second day of clashes in the Iranian capital, an opposition website said.The Jaras website said protesters set one police motorbike on...
MIRANSHAH, Pakistan, Dec 27 (AFP): A US missile attack that demolished a compound in Pakistan's tribal belt used by militants crossing into Afghanistan killed 13 fighters, Pakistani security officials said Sunday.A US drone slammed two missiles into the building Saturday...
HYDERABAD, India (Reuters) - A senior Congress leader and governor of a southern Indian state resigned after an alleged sex scandal in another blow to the ruling Congress party which is facing protests over statehood demands there.Governor N.D. Tiwari, a...
BEIJING, Dec 27 (Reuters): China has published new draft rules for village elections, allowing villagers to fire officials who don't perform as promised.When village elections were rolled out nationwide in 1998, to improve local officials' responsiveness to local concerns, some...
Scientists have discovered two genes that appear responsible for one of the most aggressive forms of brain cancer, according to BBC. Glioblastoma multiforme rapidly invades the normal brain, producing inoperable tumours, but scientists have not understood why it is so...
MANILA, Dec 27 (AP): A passenger ferry sank in the northern Philippines in a second sea disaster in three days. Six bodies, including three children were recovered and 22 people were missing Sunday. Search-and-rescue teams rescued 63 passengers and crew...
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