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BR to sell Eid tickets from Sep 7

2009-09-03 00:00:00

Bangladesh Railway (BR) will start selling advance tickets for the forthcoming Eid-ul-Fitr festival from September 7. BR sources said tickets of all classes of inter-city trains would be sold in advance at Kamalapur, Dhaka Airport, Joydevpur, Sylhet and Chittagong railway...

Five killed in Sylhet road crashes

2009-09-03 00:00:00

Five people were killed in separate road crashes in Sylhet city and Balaganj upazila Tuesday. The deceased were identified as Alek Hossain Chowdhury, (25), son of Ali Hossain, of Habiganj, Ali Reza, (25), resident of Narsingtila in the city, and...

Pry edn up to class VIII, secondary up to class XII suggested

2009-09-03 00:00:00

The final draft of a new education policy was published Wednesday with recommendations for extending primary education up to class VIII and secondary up to class XII, introducing upgraded curricula based on science, technological, environmental and moral education, reports UNB....

Deal signed with WB for $130m loan to expand solar power system

2009-09-03 00:00:00

FE ReportBangladesh will receive a $130 million credit from World Bank under a deal signed Wednesday to finance expansion of solar power system in rural areas and use of energy-saving lamps aiming to reduce consumption of electricity.The government will utilise...

JS panel backs two Asian Highway routes amid BNP opposition

2009-09-03 00:00:00

A parliamentary watchdog has finally given backing to two of the proposed routes for the Asian Highway Network (AHN) through Bangladesh, amid continued opposition from the BNP, reports bdnews24.com. The parliamentary standing committee on communications suggested Wednesday that the government...

IFC to give technical support for digitising NBR

2009-09-03 00:00:00

FE ReportThe National Board of Revenue (NBR) is set to establish connectivity with all commercial banks, national ID authority, Bangladesh Telecommunication Regulatory Commission (BTRC) and all field offices of VAT, income tax and customs for improving its efficiency in delivering...

Azad gets bail in fraud case

2009-09-03 00:00:00

Azad Group chairman Abul Kalam Azad Wednesday secured bail in the fraud case filed against him Sunday, reports UNB.Additional Chief Metropolitan Magistrate Ehsanul Haque granted him bail upon a bond of Tk 50,000 with two guarantors after hearing both sides...

Subsidised rice project for RMG workers suffers a blow

2009-09-03 00:00:00

Sonia A MoniThe rice distribution programme of the apparel makers for their workers is yet to start in full swing as certain formalities are holding back the initiatives, officials said Wednesday.The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) started rice...

HIGHLIGHTS

2009-09-02 00:00:00

Sajan Ghar Jaana Hai STAR Plus Wednesday at 10-00 pm.The story revolves around how a simple and sweet girl gets married in difficult situations and yet cannot be with her husband. Watch to find out what will Dhaani do and...

Economy decides Japan's election

2009-09-02 00:00:00

One may agree or not with the saying that economy is the engine of politics but it is the economic issue primarily that has decided Sunday's general election in Japan. The Democratic Party of Japan (DPJ) has won a landslide...

Sustaining the growth of remittance

2009-09-02 00:00:00

Masum RezaInternational remittances are sent to Bangladesh mainly by three large, but distinct types of migrants. Firstly, there is an important, mainly American and British, diaspora of well-educated, high or middle income earners. Secondly, a diaspora of Bangladeshi origin belonging...

Eight US banks fully repay their government loans

2009-09-02 00:00:00

Fazle RashidUS banks, which took bailout money from the government, silenced critics who feared that money has been lost forever, by repaying the loans with a profit of $4.0 billion for the treasury.The eight banks that took bailout money have...

Needed, a modern police force

2009-09-02 00:00:00

A mob allegedly beat a Rapid Action Battalion personnel to death for demanding money from drug peddlers at Ratanpur under Madhabpur upazila in Habiganj recently, local people told newspapers. Abul Quashem from Chokoria upazila under Cox's Bazaar district, who joined...

Greed, dowry and education

2009-09-02 00:00:00

A man allegedly killed his wife for dowry. If they were just told this, many would decide the man was half educated and from a lower echelon of society and the woman in such a level of society probably having...

Bull run at KSE with massive foreign buying

2009-09-02 00:00:00

KARACHI, Sept 1(Dawn Com): Foreign investors scrambled over each other to buy Pakistani stocks Monday, registering a record purchase of Rs2 billion, equivalent to $24 million.That sent the offshore investment in Pakistani stocks soaring to $95 million in August -...

Gold advances as dollar declines

2009-09-02 00:00:00

SINGAPORE, Sept. 1 (Bloomberg): Gold advanced as the dollar declined and Asian stocks rebounded after China's manufacturing expanded at the fastest pace in 16 months.Bullion recovered from the biggest loss in a week as the Dollar Index, a six-currency gauge...

Indian stocks fall, erasing earlier gains, Reliance declines

2009-09-02 00:00:00

MUMBAY, Sept. 1 (Bloomberg): India's benchmark stock index fell for a second day, erasing earlier gains today, led by Reliance Industries Ltd.Reliance, India's most valuable company, lost 1.7 per cent to 1,970.35 rupees. HDFC Bank Ltd., the third-biggest lender, fell...

Brazil's top sugar region may miss output forecast

2009-09-02 00:00:00

NEW DELHI, Sept. 1 (Bloomberg) -- Sugar output from Brazil's Center South, the world's biggest producing region, may be less than estimated earlier this year because of heavy rainfall, adding to signs of a global shortfall.Production may be less than...

Pakistan raises local gasoline prices on higher crude rates

2009-09-02 00:00:00

ISLAMABAD, Sept. 1 (Bloomberg): Pakistan increased domestic fuel prices from today, according to a statement by the regulator, which didn't cite a reason.The government raised gasoline prices by 4.80 rupees (5 cents) a liter to 65.13, while the cost of...

India's Maruti Suzuki posts record exports

2009-09-02 00:00:00

MUMBAI, Sept 1 (AFP): India's largest carmaker Maruti Suzuki India, majority-owned by Japan's Suzuki Motor, today announced record exports in August, led by strong demand across European markets. Maruti's exports nearly tripled to 14,847 vehicles during the month, from 5,795...

WTO allows Brazil to retaliate in US cotton dispute

2009-09-02 00:00:00

GENEVA, Sept 1 (AFP): The World Trade Organisation yesterday authorised Brazil to impose massive retaliatory sanctions against the United States in a dispute over US cotton subsidies. The level of sanctions is expected to reach 800 million dollars (557 million...

Sugar, pulses areas of concern as Indian districts hit by drought

2009-09-02 00:00:00

NEW DELHI, Sept 1 (PTI): The Indian government yesterday said that prices of sugar and pulses are "major areas of concern", while declaring that 278 districts in 11 states are hit by drought. While exuding confidence that spiralling prices of...

Oil prices bounce back above 70 dollars

2009-09-02 00:00:00

LONDON, Sept 1 (AFP): Oil prices rebounded slightly today, a day after tumbling on fears crude demand growth could weaken in China, the world's second biggest oil consuming nation after the United States, traders said. New York's main contract, light...

Dollar higher in Asia ahead of US factory data

2009-09-02 00:00:00

TOKYO, Sept 1 (AFP): The dollar was higher against the yen in Asia today as traders anticipated upbeat results from a survey of the giant US manufacturing sector due later in the day. But the greenback lost ground against the...

India chamber seeks tax benefits on medical textiles export

2009-09-02 00:00:00

NEW DELHI, Sept 1 (PTI) Indian government should cover the entire chain of manufacturing medical textile for exports under tax benefits for promoting a promising area of growth in the global market, industry body Federation of Indian Chambers of Commerce...

Corn declines as crop condition ratings may boost US harvest

2009-09-02 00:00:00

NEW YORK, Sept. 1 (Bloomberg): Corn slumped after a US Department of Agriculture crop condition report increased speculation that this year's harvest may be larger than forecast. Wheat also fell.About 69 per cent of the US corn crop was in...

Renewable energy market to grow 25 per cent annually

2009-09-02 00:00:00

DUBAI, Sept 1 (PTI): The alternative energy sector is expected to grow 25 per cent annually and would account for almost 70 per cent of the global energy market by 2030, organisers of an alternative energy convention has said. The...

Commodity Prices

2009-09-02 00:00:00

COMMODITYMONTHLASTWTI Light CrudeOct '0969.8500Brent CrudeOct '0969.7800RBOB GasolineOct '091.8099yHeating OilOct '091.8085yNat Gas (NBP)Oct '0926.1000SoybeansSep '091106'6Robusta CoffeeSep '091395.00Cocoa #7 (₤)Sep '091820.00Sugar #11Oct '0924.57WheatSep '09467'2CornSep '09326'2sCottonOct '0957.43Palm Oil ($)Sep '09692.750yECX CarbonDec '0914.7900

Poor supply of banderole hits beverage business

2009-09-02 00:00:00

Jasim Uddin Haroon The country's leading beverage and toiletries manufacturers said Monday poor supply of banderole by the government is affecting their business despite high demand for products during the month of Ramadan. Banderole are used on the bottles of...

Apex mega shop opens at Bashundhara

2009-09-02 00:00:00

FE ReportA premium outlet of Gallerie Apex was inaugurated Tuesday at level seven of Bashundhara City Shopping Complex.Apex Group chairman Syed Manzur Elahi inaugurated the new branch, where a total of 250 newly designed shoes were showcased including 70 for...