Bangladesh Bank on Monday said favourable agricultural production, export growth and internal demand are still consistent with the projected 7 per cent economic growth, reports UNB. In a statement, the central bank, however, said that the global economic crisis, particularly...
Our Correspondent CHITTAGONG, December 26: Western Marine Shipyard (WMS) has launched two ocean-going vessels for exporting to an European country, company sources said. Launching of the two vessels EMSWATER and EMSFLOW was carried out on December 23 and 25 respectively,...
NEW DELHI, Dec 26 (Reuters): India will sell 150 billion rupees ($2.9 billion) of bonds on Dec. 30 in an unscheduled auction to partially offset a 40 billion rupee auction cancelled last month and to fund an "emerging cash requirement",...
BAPEX finds more gas reserves in Fenchuganj State-run Bangladesh Petroleum Exploration and Production Company Ltd (BAPEX) said Monday that it had discovered significant new gas reserves at a field in the country's northeast. "We will be able to extract up...
TOKYOSEOUL, Dec 26 (Reuters): Sony Corp has agreed to sell its nearly 50 per cent stake in an LCD joint venture with Samsung Electronics to the South Korean company for $940 million, as it struggles to reduce huge losses at...
TOKYO, Dec 26 (Reuters): Japan and Myanmar agreed Monday to launch negotiations aimed at clinching a bilateral investment pact, Kyodo news reported, as the isolated nation gradually opens up after decades of tight military rule. Japan hopes to promote Myanmar's...
BEIJING, Dec 26 (Reuters): China's industrial output is expected to grow 11 per cent for 2012, easing from an estimated 13.9 per cent in 2011, China's industry minister said Monday. The forecast by Miao Wei, the Minister of Industry and...
NEW DELHI, Dec 26 (Economic Times): Price of Compressed Natural Gas (CNG) may be hiked by up to Rs 2 per kg in the next few days as rupee devaluation has pushed up input cost. City gas retailers including Indraprastha...
TOKYO, Dec 26 (Reuters): Toyota Motor Corp Monday launched the world's most fuel-efficient hybrid car, as the company looks to fight off competition from pure electric vehicles. The compact car, dubbed 'Aqua' in Japan and the 'Prius C' overseas, has...
The Benchmark General Index DGEN bucked its recent uptrend and shred one and a half percent on the first trading day of the week. Couple of major news that came out during weekend saw an overall increase in risk aversion...
Annual Development Programme (ADP) implementation rate in the first five months (July-November) of the current fiscal reached 20 per cent equal to the rate achieved during the corresponding period of the previous fiscal year, reports UNB. According to the Implementation,...
NEW DELHI, Dec 26 (ANN): Industry's worst fears are coming true. There is an increasing apprehension amongst Indian corporates that the current global meltdown might snowball into a full-blown crisis and last at least till the end of 2012. A...
VIETNAM, Dec 26 (ANN): More than 100 products and services developed by Vietnamese businesses were honoured as reliable and trustworthy this year in a ceremony held Sunday. These products were voted for by Vietnamese customers on websites run by the...
While the threat of credit rating downgrades hangs over Europe, a few big emerging market economies are on the upswing, reports Reuters. Indonesia provides arguably the starkest contrast. Fitch's upgrade of Indonesia's sovereign rating on Dec. 15 restored it to...
A local business firm has introduced a new kind of instant power supply (IPS), assembled with parts imported from Italy, reports UNB The local firm, MB Electronics Limited has been marketing its products under the "Big Boss" brand name and...
NEW DELHI, Dec 26 (AFP): India's Tata Motors offered Monday to replace the starter motor on all old Nano models, but said the move was not related to safety concerns surrounding the world's cheapest car. The five-seater hatchback, which has...
TOKYO, Dec 26 (ANN): Japanese automakers, which are being squeezed by the extreme rise in the yen's value, are seeking to cut production costs by buying more parts from overseas. Some economists fear Japanese parts makers will be forced to...
Our Correspondent RANGPUR, Dec 26: Micro-credit has brought dramatic changes in the life of many poor women in Rangpur district. A large number of women in the district have changed their lot by taking loans from various non-government organisations (NGOs)....
CHUADANGA, Dec 26(BSS): Cultivation of different kinds of vegetables of the current winter season in all the four upazilas of the district is going on in full swing. During this season, 7,225 hectars of land have been brought under vegetable...
SYLHET, Dec 26 (UNB): Ten people were injured in a clash between two groups at Tobolpur village in Bishwanath upazila Sunday. Police quoting locals said Mokhles Mia and Afroz Ali engaged in an altercation over a trifling matter a few...
JESSORE, Dec 26 (BSS): Three persons were killed and seven others were seriously injured in a road crash at Santala area on Jessore-Jhenidah highway under sadar upazila in Jessore district Sunday afternoon. The deceased were identified as Rabiul Islam alias...
KUSTIA, Dec 26 (BSS): A daring dacoity was committed in a residence in Juniadah village under Bheramara Upazila on Saturday late night and dacoits looted away valuables worth about Taka 15 lakhs including 25 tolas of gold and cash Taka...
A Correspondent SIRAJGANJ, Dec 26: A biting cold in 16 northern districts of the country especially nearest areas of the Himalayan mountains, is causing untold suffering to the poor and ultra-poor people. Cold related diseases like fever, cough, diarrhoea, pneumonia...
BENAPOLE, Dec 26 (UNB): Indian Border Security Force (BSF) Sunday evening handed over the decomposed body of a Bangladeshi cattle trader to the Border Guard Bangladesh (BGB) members of the check-post here. The deceased was identified as Tariqul Islam, 32,...
GAZIPUR, Dec 26 (UNB): Two alleged robbers died in a mob beating at Uttar Khailkoir village in Sadar upazila early Monday while they were taking preparation to commit a robbery. The identity of the deceased could not be known immediately....
Our Correspondent KHULNA, Dec 26: A day labourer was electrocuted while he was cutting a branch of a tree at village Bahirdia under Rupsha Upazila of the district Sunday. The deceased was identified as Barik Sheikh (70) son of late...
GAIBANDHA, Dec 26 (BSS): Social organizations here have started distributing warm clothes to the cold affected people of the district to mitigate the sufferings caused by cold wave. Rotary Club of Gaibandha stood beside the cold affected distressed poor as...
Body of child recovered from river The body of a minor child, who drowned in Bhairab River near Dhulgram Kheyaghat in Abhoynagar upazila Sunday, was recovered Monday morning. The deceased was identified as Badsha, 4, son of Abdul Jalil of...
NICOSIA, Dec 26, (agencies): Heavy gunfire in Syria's flashpoint central city Homs killed 13 people Monday in the Sunni district of Baba Amro, the Syrian Observatory for Human Rights said in a statement. "The rounds fired from heavy machineguns in...
South Korea's former First Lady has travelled to Pyongyang to offer condolences over Kim Jong-il's death, reports BBC. Lee Hee-ho, whose husband Kim Dae-jung tried to improve relations with the North, is the highest-profile of two delegations allowed by the...
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