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BASIC Bank operational profit rises 21.10pc

2012-01-02 00:00:00

FE ReportThe operational profit of state-run BASIC Bank Limited rose by 21.10 per cent to Tk 2.62 billion in 2011 from the profit of Tk 2.17 billion in 2010.Moreover, the Bank achieved progressive position in different sectors at the end...

Sheltech housing fair ends with enormous response

2012-01-02 00:00:00

Sonia H MoniThe housing fair of Sheltech, one of the country's leading real estate companies, ended with a positive response, though the real estate sector is facing a tough time. Sheltech managing director Toufiq M Seraj told the FE, "We...

S Korean exports beat market forecast

2012-01-02 00:00:00

SEOUL, Jan 1 (Reuters): South Korean exports and imports in December grew faster than forecast, data showed Sunday, but the country predicted overseas sales would slow substantially in the new year. Exports grew 12.5 per cent to $49.7 billion in...

Mobile users reach 84m

2012-01-02 00:00:00

FE ReportSubscriber growth of mobile phone operators of the country was 22.48 per cent until November 2011, taking the number of new subscribers to 15.431 million according the data provided by the Bangladesh Telecommunication Regulatory Commission (BTRC) Sunday. Among the...

Economists defend upward adjustment of fuel price

2012-01-02 00:00:00

Economists have defended the upward adjustment of gasoline price by the government, saying that such a price adjustment has become imperative for taming the rising subsidy expenditures that indirectly fuel inflation, reports BSS.They said the government has no option but...

China manufacturing rebounds in December

2012-01-02 00:00:00

SHANGHAI, Jan 1 (AFP): China's manufacturing activity rebounded in December helped by holiday shopping, according to official data today, as the economy showed some resilience despite strife in key export markets. The purchasing managers index (PMI) reached 50.3 in December,...

exchange rate

2012-01-02 00:00:00

Disaster reduction project continues in Gaibandha

2012-01-02 00:00:00

GAIBANDHA, Jan 1 (BSS): A project entitled 'A Disaster Resilient Future: Mobilizing Communities and Institution for Effective Risk Reduction Initiatives' has been continuing in the district since June-2011.The aim of the project is to create awareness among the people of...

JD activist chopped to death

2012-01-02 00:00:00

NATORE, Jan 1 (UNB): A Jubo Dal activist was chopped to death by some unidentified terrorists at Dopukuria in Singra upazila early Sunday. The deceased was identified as Shariful Islam Sabuj. Police said when Sabuj was returning to his house...

LPG crisis deepens in 16 northern districts

2012-01-02 00:00:00

A CorrespondentSIRAJGANJ, Jan 1: The crisis of Liquid Petroleum Gas (LPG) of government companies has increased further in 16 districts of northern region due to lack of proper monitoring by the concerned authorities. A section of unscrupulous traders are selling...

BRAC official knifed to death in Gazipur

2012-01-02 00:00:00

GAZIPUR, Jan 1 (UNB): A Brac official was stabbed to death by muggers at Madhumita Rail Gate in Tongi early Sunday.The deceased was identified as Abu Jahid Sarker, 55, official of a Brac cold storage in Daudkandi upazila of Comilla.Jahid,...

Two killed in clashes

2012-01-02 00:00:00

NARAIL, Jan 1 (UNB): A man was killed and 15 others were injured in a clash between two rival groups over establishing supremacy at Char Karfa village in Lohagora upazila Sunday morning. The deceased was identified as Moshiar Munshi, 35,...

Severe cold claims 8 lives in Gopalganj

2012-01-02 00:00:00

Our CorrespondentGOPALGANJ, Jan 1: Eight persons died of cold related diseases in Sadar, Kotalipara, Tungipara and Kasiani upazila in Gopalganj district in past two weeks. The victims are Bimal Sarker (68) of Manikdaha, Osman, 3 months son of Abdul Haque,...

Investment in Khulna industries decline

2012-01-02 00:00:00

Our Correspondent KHULNA, Jan 1: Twenty four new industries were established with an investment of Tk. 130.94 crore in ten districts of Khulna Division during the year of 2011 which is Tk. 92 crore less than the previous year. The...

Poet Jasimuddin's birth anniversary celebrated

2012-01-02 00:00:00

FARIDPUR, Jan 1 (UNB): The 109th birth anniversary of Polli Kobi Jasimuddin was observed Sunday at the poet's home at Ambikapur in the district.On the occasion, different organizations including Faridpur district administration, Jasim Foundation and Faridpur Sahitya Parishad chalked out...

School girl kidnapped in Magura

2012-01-02 00:00:00

MAGURA, Jan 1 (UNB): A school-going minor girl was kidnapped allegedly by an identified stalker at Nurpur village in Shalikha upazila Saturday.Police, the family of the victim and locals said Bikash, reportedly a spoilt youth of the village, proposed Ratna...

Meet on elimination of filaria in N-region held

2012-01-02 00:00:00

Our CorrespondentNILPHAMARI, Jan 1: A meeting of the representatives of filariasis elimination related organisations of Nilphamari Kurigram and Lalmonithat districts was held at civil surgeon's (CS) office of Nilphamari recently. Abdul Mojid of civil surgeon's of Nilphamari presided the meeting.Civil...

Bumper production of aromatic rice in RAZ

2012-01-02 00:00:00

RANGPUR, Jan 1 (BSS): The farmers have achieved bumper production of aromatic rice in all eight districts under Rangpur Agriculture Zone (RAZ) during the just ended T-Aman season. Officials in the Department of Agriculture Extension (DAE) said cultivation of aromatic...

Three killed in road accidents

2012-01-02 00:00:00

NARSINGDI, Jan 1 (BSS): Two persons were killed and one injured when a Dhaka bound bus dashed their motorcycle at Baroitola under Shibpur Upazila on Saturday.A Dhaka bound bus of Isha Khan Paribahan coming from opposite side dashed their motorcycle...

Iran test fires missile during navy war games

2012-01-02 00:00:00

TEHRAN, Jan 1, (AFP): Iran successfully test fired a medium-range surface-to-air missile on Sunday during navy war games taking place near the strategic Strait of Hormuz, a spokesman for the manoeuvres said, according to the official IRNA news agency."This medium-range...

‘Britain to miss migration target’

2012-01-02 00:00:00

LONDON, Jan 01, (AFP): British Prime Minister David Cameron is going to miss his target of reducing annual net migration back to the "tens of thousands" by 2015, a think-tank warned Sunday.Issuing its forecast for 2012, the Institute for Public...

N Korea calls for human shields to protect new leader

2012-01-02 00:00:00

SEOUL, Jan 1 (Reuters): North Korea called on its people to rally behind new leader Kim Jong-un and protect him as "human shields" while working to solve the "burning issue" of food shortages by upholding the policies of his late...

Obama signs bill despite terror trial 'reservations'

2012-01-02 00:00:00

HONOLULU, (Hawaii), January 01, (AFP): US President Barack Obama recently signed a huge defense bill despite "serious reservations" that it seeks to force his hand on Guantanamo Bay and military trials for terror suspects.Obama, on vacation in Hawaii, added a...

Indian child sacrificed, liver offered to gods

2012-01-02 00:00:00

RAIPUR, (India), Jan 1 (AFP): A seven-year-old Indian girl was murdered in a tribal sacrifice and her liver offered to the gods to improve crop growth, police in the central state of Chhattisgarh said Sunday.The body of Lalita Tati was...

Missing China dissident held in Xinjiang

2012-01-02 00:00:00

SHANGHAI, Jan 1: China has jailed a prominent dissident lawyer, Gao Zhisheng, in its far western region of Xinjiang, the first confirmation of his whereabouts in more than 20 months, his brother and a rights group said Sunday. Gao-who defended...

US man with explosives held at Texas airport: FBI

2012-01-02 00:00:00

WASHINGTON, Jan 1: A US serviceman on active duty was detained at an airport in the US state of Texas on Saturday when he tried to board a flight carrying explosives, an FBI spokesman said. The man was detained and...

Hundreds hurt by firecrackers in Philippine New Year

2012-01-02 00:00:00

MANILA, Jan 1: Hundreds of Filipinos were injured by firecrackers and stray bullets while fires gutted homes in the capital as revellers celebrated the new year, officials said Sunday. The Health Department's monitoring centre reported 454 firecracker-related injuries across hospitals-including...

Major 7.0-magnitude earthquake rocks Tokyo

2012-01-02 00:00:00

TOKYO, Jan 1: A major 7.0-magnitude earthquake rocked Tokyo Sunday as Emperor Akihito led Japan's New Year celebrations by urging people to work together in rebuilding the nation from March's quake-tsunami disaster. The tremor struck at 2:28pm (0528 GMT) with...

Two killed in Colombia bomb attack on police station

2012-01-02 00:00:00

Two killed in Colombia bomb attack on police stationTwo people have been killed and 17 injured in an attack on a police station in southern Colombia. Officials said an explosive device was thrown at the police station in Orito, killing...

First of Nasa's Grail gravity twins enters Moon orbit

2012-01-02 00:00:00

Nasa has succeeded in putting the first of two gravity mapping satellites in orbit around the Moon. The Grail-A spacecraft fired its main engine late on Saturday (GMT) to slow itself sufficiently to take up an elliptical path around the...