The Financial Express

Govt to revive tri-nation gas pipeline talks

Wed, 11 Nov 2009 00:00:00 +0600

M Azizur Rahman
The government has decided to revive talks with neighbouring India and Myanmar to construct an over US$ 1.0 billion gas pipeline th

Amended PPA leaves some questions unanswered

Wed, 11 Nov 2009 00:00:00 +0600

Shamsul Huq Zahid
Notwithstanding strong opposition from 'development partners' including the World Bank (WB), the government has got the approval

High demand for savings tools leads to idle money build-up

Wed, 11 Nov 2009 00:00:00 +0600

Nazmul Ahsan
A government report suggested rationalisation of the rates of return of saving instruments as the high cost borrowing tool has caused

Cabinet considers nat'l pay-scale today

Wed, 11 Nov 2009 00:00:00 +0600

Budget review next month: Muhith
The much-awaited national pay scale for public servants will be placed before the cabinet meeting today (Wednesday

Dhaka stocks' rally continues

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
Dhaka stocks continued to rally in the fluctuating market Tuesday with the benchmark index extending its highest mark for the second stra

Global rice mkt turns jittery

Wed, 11 Nov 2009 00:00:00 +0600

From Fazle Rashid
NEW YORK, Nov 10: Facing a shortfall, the Philippines is preparing to buy 600,000 tonnes of rice in a record tender. Earlier, Ind

Army probe into Taposh attack on

Wed, 11 Nov 2009 00:00:00 +0600

The army is conducting its own probe into whether any of its members was involved in the bomb attack upon Awami League MP Sheikh Fazle Noor Taposh, a

2 more units in Kaptai Hydroelectric Project

Wed, 11 Nov 2009 00:00:00 +0600

Two more power generation units will be built at Kaptai Hydroelectric Project to ease the power crisis. The project management committee, after feasib

Revenue collection at Ctg port exceeds target

Wed, 11 Nov 2009 00:00:00 +0600

Revenue collection at Chittagong port exceeded the target by Tk 1.38 billion (138 crore) bringing the total to Tk 36.8 billion (3,680 crore) in the fi

Profit, a bad word?

Wed, 11 Nov 2009 00:00:00 +0600

Mahmudur Rahman
Given that Gordon Brown is largely credited as the man who crafted the strategy in tackling the economic meltdown, it was unusual t

Apec summit to discuss 'new growth paradigms'

Wed, 11 Nov 2009 00:00:00 +0600

Kevin Brown from Singapore
The first of an estimated 10,000 official visitors began arriving in Singapore at the weekend for the eight-day Asia Pac

SEC body for keeping direct listing open to pvt firms with good records

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
The consultative committee of the Securities and Exchange Commission (SEC) proposed Tuesday to keep the door open of the existing Direct

Committee for apparel sector readies recommendations

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
A high-profile committee decided Tuesday to put a number of recommendations including providing of loan re-scheduling facilities until J

Shrimp export to EU resumes Dec 7 next

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
Bangladesh will resume export of fresh water shrimp (Golda) to the European Union Market from December 7 next as the country has prepared

BTCL set to cut bandwidth rate

Wed, 11 Nov 2009 00:00:00 +0600

Mashiur Rahaman
The Bangladesh Telecommunication Company Limited (BTCL) is set to reduce bandwidth rate, aiming to make internet service more affor

Halving extreme poverty should be the govt's priority: UN official

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
The goal of halving extreme poverty should be among the government's priorities as Bangladesh struggles to dilute the effects of global c

Separate pay-scale for judiciary proposed

Wed, 11 Nov 2009 00:00:00 +0600

Sheikh Shahariar Zaman
Bangladesh Judicial Service Pay Commission has proposed to formulate a separate pay-scale for members of the judiciary to en

Half-day hartal observed in Bhairab, Kuliarchar

Wed, 11 Nov 2009 00:00:00 +0600

BHAIRAB, Nov 10 (bdnews24.com): All shops and businesses in Kishoreganj's Bhairab and Kuliarchar upazilas were shut down Tuesday in observance of a ha

Noor Hossain Day observed

Wed, 11 Nov 2009 00:00:00 +0600

Shaheed Noor Hossain Day was observed with due solemnity Tuesday, reports bdnews24.com.
Noor Hossain, a leader of Awami League's youth wing Jubo Le

Hearing ends for 27th day

Wed, 11 Nov 2009 00:00:00 +0600

The Supreme Court (SC) ended hearing arguments of the prosecution in the Bangabandhu murder appeals Tuesday, reports bdnews24.com.
State counsels

Abbas refutes JS allegation of grabbing land

Wed, 11 Nov 2009 00:00:00 +0600

Former minister and BNP Joint Secretary-general Mirza Abbas refuted the allegation by a parliamentary standing committee that he had grabbed railway l

ACC chief for social movement against corruption

Wed, 11 Nov 2009 00:00:00 +0600

PANCHAGARH, Nov 10 (BSS): Chairman of the Anti-Corruption Commission (ACC) Golam Rahman has called upon all to start a social movement against corrupt

BCL attack leaves 15 BNP men injured

Wed, 11 Nov 2009 00:00:00 +0600

CHITTAGONG, Nov 10 (UNB): At least 15 BNP activists were injured in an attack by the Bangladesh Chhatra League (BCL) activists at Sattarghat in Raozan

Thrust on common strategy to root out terrorism from S Asia

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
United Nations Assistant Secretary-General Mike Smith said the South Asian countries would have to adopt a common strategy to root out te

Foundation of 5-star hotel laid in Ctg

Wed, 11 Nov 2009 00:00:00 +0600

Chittagong Office
CHITTAGONG, Nov 10: Foundation of the first ever 5-star hotel has been laid today in Chittagong.
AK Shamsuddin Khan, chairman

School bus to be introduced to ease traffic jam

Wed, 11 Nov 2009 00:00:00 +0600

The Education Ministry and school and college authorities in the capital agreed to introduce bus service for students of certain schools in a bid to e

50 shops gutted in Mirpur market fire

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
At least 25 shops were gutted completely and as many others partially in a devastating fire that broke out at a multi-storey market in th

Saudi Arabia donates to ICDDR, B

Wed, 11 Nov 2009 00:00:00 +0600

Dr Abdullah Bin Naser Al-Busairi, ambassador of Saudi Arabia to Bangladesh, handed over a cheque amounting to Tk 34,09,028 to the executive director o

NRBs' thrust on strengthening economic ties

Wed, 11 Nov 2009 00:00:00 +0600

Raihan M Chowdhury
back from Tokyo
Non-resident Banglad-eshis (NRBs) living in Japan believe Bangladesh has a very good potential to enhance th

Winners of Citi Financial IT Case Competition awarded

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
The five award winners of the "Cit Financial IT Case Competition" programme was formally announced Tuesday at a special ceremony.
The

StanChart starts Automated Clearing test with BB

Wed, 11 Nov 2009 00:00:00 +0600

Standard Chartered Bank started Systems Integration Testing ( SIT ) this week with Bangladesh Bank, as a part of the implementation of Banglades

Orientation for Pubali Bank's newly-recruited guards held

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
Pubali Bank Limited (PBL) organised an orientation programme for newly recruited 152-armed guards at the bank's auditorium in the city r

ICCB President off to S Korea

Wed, 11 Nov 2009 00:00:00 +0600

International Chamber of Commerce (ICC)-Bangladesh President Mahbubur Rahman left Dhaka Tuesday for South Korea to join the first conference of the As

ICB announces NAV of 8 MFs

Wed, 11 Nov 2009 00:00:00 +0600

Investment Corporation of Bangladesh has announced Net Asset Value (NAV) of eight ICB Mutual Funds on the basis of market prices as on October 31.

Sugarcane crushing programme

Wed, 11 Nov 2009 00:00:00 +0600

The country's state-owned sugar mills have set for themselves an annual production target of 101,525 metric tonnes of sugar for the 2009-10 crushing s

Cairn names Chinese firm to conduct survey in Magnama

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
The Scottish Cairn Energy has appointed Chinese geophysical company -- BGP Inc -- to conduct survey in the prospective shallow offshore M

Cash strapped BKB, RAKUB waive Tk 3.0b interest in 8 years

Wed, 11 Nov 2009 00:00:00 +0600

Sheikh Shahariar Zaman
Bangladesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB) waived about Tk 3.0 billion interest during the last e

IBCCI, TEEMS sign deal to participate Indian trade fair-2010

Wed, 11 Nov 2009 00:00:00 +0600

With a view to participating in Indian Trade Fair-2010, India-Bangladesh Chamber of Commerce and Industry (IBCCI) has signed an agreement with Triune

Demand for Mother-Daughter CNG stations encouraging

Wed, 11 Nov 2009 00:00:00 +0600

Mehdi Musharraf Bhuiyan
Demand for the newly introduced Mother-Daughter CNG stations has lately experienced a boom in the country's northwestern re

Mishu selected as inspiring young entrepreneur in Asia Pacific

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
Mishu Rahman, editor of Purple Magazine and also the CEO of Media Arts and Technology Ltd, a communication research firm, has been select

IPO Diary

Wed, 11 Nov 2009 00:00:00 +0600

Golden Son Limited

Oil prices lower in Asia

Wed, 11 Nov 2009 00:00:00 +0600

SINGAPORE, Nov 10 (AFP): Oil fell in Asian trade Tuesday as investor worries over the potential threat posed by Hurricane Ida to petroleum installatio

Eco Winter Offer for buyers, sellers begins

Wed, 11 Nov 2009 00:00:00 +0600

FE Report
Eco Trading has recently announced its Eco Winter offers for buyers and sellers to make it more attractive and popular, said a press rel

Dollar marks pause in Asia

Wed, 11 Nov 2009 00:00:00 +0600

TOKYO, Nov 10 (AFP): The dollar took a breather in Asian trade Tuesday, but analysts said its weak tone remained intact due to renewed optimism about

Global crisis a chance to change business: Prof Yunus

Wed, 11 Nov 2009 00:00:00 +0600

WOLFSBURG, Germany, Nov 10 (AFP): Nobel Peace Laureate Muhammad Yunus calls the global economic crisis "an excellent opportunity to reflect and redesi

exchange rate

Wed, 11 Nov 2009 00:00:00 +0600

November 10, Tuesday
The following were the commercial banks' rates to public for some selected
foreign currencies with Bangladesh Tak

New Zealand win despite Aamer heroics

Wed, 11 Nov 2009 00:00:00 +0600

The Jekyll and Hyde that is Pakistan cricket displayed both its faces in the series decider against New Zealand. Pakistan needed only 212 to clinch a

BFF announces new nat'l squad for SAFF championship

Wed, 11 Nov 2009 00:00:00 +0600

Bangladesh Football Federation (BFF) Tuesday announced an increased 32-member preliminary national squad for the 6th SAFF Championship to be held Dece

Independent moves into quarterfinal

Wed, 11 Nov 2009 00:00:00 +0600

Daily Independent is the first team to reach the quarterfinal of the 3rd Pepsi-DRU Inter-House Six-a-Side Cricket Tournament eliminating INB by five w

Ballseye

Wed, 11 Nov 2009 00:00:00 +0600

Saiful Kaiser
Australia is really rubbing it in. After they have won the series 4-2, with one game still to be played, the Aussie skipper says noth

Navies of 2 Koreas exchange fire

Wed, 11 Nov 2009 00:00:00 +0600

SEOUL, Nov10 (AFP): Navy ships of the two Koreas exchanged fire Tuesday along their disputed western sea border, South Korean military officers said.<

China opposes Dalai Lama's visit to border area

Wed, 11 Nov 2009 00:00:00 +0600

BEIJING, Nov10 (AP): China's Foreign Ministry said Tuesday it opposed and was dissatisfied with India's allowing a visit to a disputed border region b

Cancer recurs in 'dense' breasts

Wed, 11 Nov 2009 00:00:00 +0600

Women treated for breast cancer are at a higher risk of a relapse if they have "dense" breasts, say researchers, reports BBC.
Those with denser bre

Militants kill six Pakistan troops

Wed, 11 Nov 2009 00:00:00 +0600

PESHAWAR, Nov 10 (AFP): Militant attacks killed six troops in Pakistan's tribal belt, where soldiers backed by warplanes and helicopter gunships are

news digest

Wed, 11 Nov 2009 00:00:00 +0600

Laden is alive, says Afghan
warlord Hekmatyar
LAHORE, Nov. 10 : Wanted Afghan warlord and Hizb-e-Islami chief Gulbudin Hekmatyar has said that