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Dollar rises after Kim Jong-Il's death

2011-12-20 00:00:00

TOKYO, Dec 19 (AFP): The dollar rose against other currencies today following news that North Korean leader Kim Jong-Il had died, which sparked worries over instability in the reclusive state. The greenback gained ground as market players digested the announcement...

Export potential of SMEs

2011-12-20 00:00:00

Continued from page 20 Plastic products sub-sector: There are about 3,000 plastic businesses in Bangladesh. About one half of them have less than 24 employees. The country has seen a dramatic increase in plastic exports in recent years. It contributed...

Asian Tiger Capital Partners market update on DSE

2011-12-20 00:00:00

The Benchmark General Index DGEN staged an impressive rally of more than one and half percent on the second trading day of the week as sentiment seems to have improved somewhat with downward volatility less noticed over the last couple...

Germany will now assist BD in six fields instead of 11

2011-12-20 00:00:00

Syful Islam Germany is going to change its concentration area relating to development cooperation to Bangladesh, officials said Monday. From next year, the fourth-largest global economy will assist Bangladesh in six fields instead of 11 fields in which it had...

Experts censure RAJUK for okaying 'illegal' projects

2011-12-20 00:00:00

FE Report Speakers at a seminar Monday said that illegal projects approved by the Rajdhani Unnayan Kartripakkha (Rajuk) had helped a section of realtor cash in on the opportunity to fill up canals and rivers, which created adverse impact on...

India wheat seen down on increase in acreage

2011-12-20 00:00:00

MUMBAI, Dec 19 (Reuters): India's wheat futures are likely to continue to fall this week due to higher sowing in the current season that began around early October, which has raised the prospects of a record harvest for the second...

Woes of 24 employeesof now defunct deptt of insurance

2011-12-20 00:00:00

Ismail Hossain Twenty-four employees of the now defunct Department of Insurance have been undergoing hardship as they are going without salary for five months since July this year due to bureaucratic tangles. The 24 government employees are not getting salaries...

DITF begins on Jan 1 in city Spot orders worth Tk 300m expected

2011-12-20 00:00:00

Shah Alam Nur The Export Promotion Bureau (EPB) is expected to receive spot orders worth Tk 300 million in the upcoming 17th Dhaka International Trade Fair (DITF)-2012, officials said. EPB officials said they have already completed its preparation for holding...

Thai business team wants to connect deep sea port in Andaman Sea with Ctg

2011-12-20 00:00:00

FE Report A Thai business delegation from Fiscal Policy Institute Foundation (FPRI) expressed interest to connect Thai deep sea port in Andaman Sea with Chittagong sea port for bulk cargo trade, a press release of Dhaka Chamber of Commerce &...

Hilton eyes 50 hotels in India in 5 years

2011-12-20 00:00:00

NEW DELHI, Dec 19 (Economic Times): Hospitality firm Hilton Worldwide is aiming to operate 50 hotels in the next five years in India and launch new brands - 'Conrad' and 'Waldorf Astoria' - in the country from its global portfolio....

Saab files for bankruptcy in Sweden

2011-12-20 00:00:00

Stockholm, Dec 19 (BBC News): Troubled Swedish carmaker Saab has filed for bankruptcy after failing to secure fresh funds from potential Chinese investors. General Motors (GM), which owns part of Saab, did not want Chinese carmakers accessing technology licences. Production...

Shelter home for cold-hit children demanded

2011-12-20 00:00:00

RAJSHAHI, Dec 19 (BSS): Speakers at a press conference here Monday demanded immediate shelter home for the cold-affected street children in the city. Referring to a report of BIDS they mentioned that around 27,000 street children live in the city...

BGB raising day observed in Joypurhat

2011-12-20 00:00:00

Our Correspondent JOYPURHAT, Dec 19: First raising day of Border Guard Battalion (BGB) was observed in Joypurhat. 3 BGB camps of Joypurhat observed this day with various programmes such as a rally, discussion meeting and leaflet distributing among the people....

Cotton cultivation gains popularity in Magura

2011-12-20 00:00:00

Our Correspondent MAGURA, Dec 19: Cotton cultivation is gaining popularity among the farmers of Magura. District Cotton Development Board Magura said, a total of 400 hectares of land has been brought under cotton cultivation in the district this year with...

Syedpur rly workshop being modernised

2011-12-20 00:00:00

Our Correspondent NILPHAMARI, Dec 19: Modernization and rehabilitation of Syedpur railway workshop has started recently. Workshop sources said government has undertaken the modernization project on an expenditure of Tk. 1140 million. The renovation work is to be completed in three...

Speakers call for boosting milk production

2011-12-20 00:00:00

GAIBANDHA, Dec 19 (BSS): Speakers at a function here Sunday stressed the need for boosting production of milk to meet the demand of nutrition and change the socio-economic condition of the milk producers along with other service providers. "Milk production...

Two killed in road accidents

2011-12-20 00:00:00

Our Correspondent PABNA, Dec 19: An unidentified passerby was killed as a speeding bus hit him in Gachpara intersection of Pabna sadar upazila at about 12pm on Monday. Enayet Uddin, Officer in charge of Pabna Sadar police station said that...

Prisoner dies in Khulna

2011-12-20 00:00:00

An under trial prisoner of the district jail died at Khulna Medical College Hospital on Saturday night. The deceased was identified as Shahidul Sheikh, 30, son of Sheikh Shafiuddin Choukidar of Botiaghata upazila. He was suffering from respiratory problem since...

Khulna observes Immigration Day

2011-12-20 00:00:00

Our Correspondent KHULNA, Dec 19: International Immigration Day-2011 was observed here in Khulna as elsewhere in the country in a befitting manner on Sunday. The theme of this year is 'Safe Immigration Development of Economy' A discussion meeting was held...

Fisherman killed in tiger attack

2011-12-20 00:00:00

Our Correspondent KHULNA, Dec 19: A fisherman was killed by a tiger at Shakbaria area under Kashiabad station of Sundarbans Sunday morning. The victim was identified as Gopal Munda (40), son of Kalipada Munda, of village Barobari under Koyra upazila...

N Korean leader Kim Jong-Il dies

2011-12-20 00:00:00

SEOUL, Dec 19, (agencies): North Korean leader Kim Jong-Il has died aged 69 of a heart attack, state media announced Monday, plunging the impoverished but nuclear-armed nation into uncertainty as it faced a second dynastic succession. The leader "passed away...

Three more protesters killed in Cairo clashes

2011-12-20 00:00:00

CAIRO, Dec 19 (agencies): Egypt's Health Ministry says at least three more protesters have been killed in clashes with army soldiers in central Cairo, bringing the four-day death toll to at least 14. A doctor at a field hospital in...

N Korea calls Kim's

2011-12-20 00:00:00

North Korea Monday described Kim Jung-Un as the "great successor" after announcing the death of his father, leader Kim Jong-Il, from a heart attack. "Standing in the van of the Korean revolution at present is Kim Jong-Un, great successor to...

Flood-hit Philippines

2011-12-20 00:00:00

ILIGAN, (Philippines), Dec 19 (AFP): The Philippines prepared for mass burials of flood victims Monday to minimise health risks from rotting cadavers after a cyclone disaster left hundreds dead or missing on Mindanao island. Hard-pressed authorities in the port cities...

16 bodies found in Russian oil rig disaster

2011-12-20 00:00:00

MOSCOW, Dec 19, (AFP): The bodies of 16 crew from a sunken oil rig were found Monday off Russia's far eastern Sakhalin island as searches for survivors went into a second day as fears mounted that another 37 missing would...

news digest

2011-12-20 00:00:00

BEIJING, Dec19: Villagers hold a banner during a protest rally by residents of Wukan, a fishing village in the southern province of Guangdong, as they demand the government take action over illegal land grabs and the death in custody of...

Umar puts Pakistan in strong position

2011-12-20 00:00:00

`Taufeeq Umar rode his luck to crack 130 as Pakistan boosted their chances of gaining the first-innings lead on the third day of the second and final Test against Bangladesh in Dhaka Monday, reports AFP. The left-handed opener hit 16...

Rajshahi take 154-run lead over Dhaka Metro

2011-12-20 00:00:00

Two scintillating centuries by Jahurul Islam and Junaid Siddique guided Rajshahi Division to take a 154-run first innings lead scoring 355 for 2 in 119 overs against Dhaka Metropolis team on the 2nd day of the four-day Walton 13th National...

Bokshi Bazar beat Police in Fed Cup Basketball

2011-12-20 00:00:00

Bokshi Bazar recorded an exciting 50-47 points victory over Bangladesh Police in the lone match of the Citycell Federation Cup Basketball Championship at the Dhanmondi Basketball Gymnasium Monday, reports BSS. Both teams were locked into 21-21 points each at the...

No Dow Chemical branding on 2012 stadium

2011-12-20 00:00:00

LONDON, Dec 19: The organisers of the 2012 London Olympics said Monday that Dow Chemical's name will not appear on a fabric 'wrap' around the main stadium, in an issue which sparked threats of an Indian boycott. India is opposed...