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Kazakhstan prepares for early elections

2011-11-11 00:00:00

ASTANA, Nov 10 (AFP): Kazakhstan was on course today to hold snap parliamentary polls in January following a controversial presidential vote this year that cemented veteran leader Nursultan Nazarbayev's grip on power. Some 53 ruling party members in the 107-seat...

Nepal tractor crash kills 18 pilgrims

2011-11-11 00:00:00

KATHMANDU, Nov 10 (AFP): At least 18 people including two children were killed in southeastern Nepal Thursday when a tractor pulling a trailer packed with pilgrims fell into a roadside canal, police said. Around 40 Hindu worshippers were heading to...

Raw hide traders incur losses

2011-11-11 00:00:00

Our Correspondent BRAHMANBARIA, Nov 10: The small scale traders and middlemen here have incurred huge losses due to lack of demand for cow hides in the district. Leaders of the hide traders association blamed syndicate of some greedy tannery owners...

BB's re-finance scheme gets poor response

2011-11-10 00:00:00

Badrul Ahsan The central bank could not popularise its re-finance scheme for adopting solar energy, bio-gas and effluent treatment plant (ETP) mainly due to high cost of the items, lack of awareness and security problem, a high official of the...

Spl market in Nov to ensure fair price of rural women's products

2011-11-10 00:00:00

Talha Bin Habib The government has planned to open a specialised market in the capital this month to ensure 'fair prices' of products made by rural womenfolk, officials said. "We are going to open such a market in mid-November at...

New US envoy Mozena due Nov 19

2011-11-10 00:00:00

The US ambassador designate to Bangladesh, Dan W Mozena, will be arriving in Dhaka on Nov 19. He was sworn in at the US capital on Nov 7, reports bdnews24.com. Mozena will replace James F Moriarty, who left Dhaka in...

City still in holiday mood

2011-11-10 00:00:00

FE Report The city was still in a holiday mood Wednesday amid resumption of work in banks, government and private offices after five-day long weekly and Eid holidays. The city dwellers, who went to villages to celebrate the Eid-ul-Azha with...

UNSC fails to arrive at consensus on Palestine membership

2011-11-10 00:00:00

Fazle Rashid NEW YORK, Nov 09: Membership Committee of the UN Security Council was unable to arrive at consensus on Palestinian bid for full UN membership. Palestinian President Mahmoud Abbas had submitted the application in September last. Nine out of...

Air Chief in London

2011-11-10 00:00:00

Chief of Air Staff Air Marshal SM Ziaur Rahman left Dhaka Monday for United Kingdom (UK) to attend the "Defence IQ's 11th Annual International Fighter Conference", which began in London Tuesday, reports BSS. The three-day conference is taking place at...

M'sian University team calls on DU VC

2011-11-10 00:00:00

A four-member delegation of Islamic Science University of Malaysia (Universiti Sains Islam Malaysia-USIM) led by its Vice-Chancellor Prof Dato' Dr Muhammad Muda called on Dhaka University Vice-Chancellor Prof Dr AAMS Arefin Siddique at the latter's official residence recently, reports UNB.

Indian HC to celebrate Maulana Azad's birthday today

2011-11-10 00:00:00

Indira Gandhi Cultural Centre of Indian High Commission (HC) in Dhaka will celebrate the 123rd birth anniversary of Maulana Abul Kalam Azad as ICCR Day at 7:00 pm today (Thursday), in the centre's auditorium in Gulshan, reports UNB. Maulana Abul...

Greek finmin meets banking chiefs

2011-11-10 00:00:00

ATHENS, Oct 6 (AFP): Greek Finance Minister Evangelos Venizelos met top bankers after German Chancellor Angela Merkel suggested a possible revision of the July 21 eurozone rescue plan for Greece, a source at his ministry said Thursday. Venizelos met with...

Oil could hit $150 per barrel near term: IEA

2011-11-10 00:00:00

LONDON, Nov 9 (Economic Times): Oil prices could reach $150 per barrel in the near term if investment in the Middle East and North Africa (MENA) oil-producing region falls significantly, the International Energy Agency (IEA) said on Wednesday. "If between...

Flood to slash Thai GDP growth

2011-11-10 00:00:00

BANGKOK, Nov 9 (Xinhua): Longstanding and widespread inundation would trim prediction of gross domestic product (GDP) growth for this year to below 2.60 per cent, Suchada Kirakul, deputy governor of the Bank of Thailand said Tuesday. Previously in July, the...

'German economy to slow sharply next year'

2011-11-10 00:00:00

BERLIN, Nov 9 (AFP): The eurozone debt crisis looks set to slam the brakes on growth next year in the German economy, Europe's biggest, a panel of economic advisers to the German government warned Wednesday. The so-called "Five Wise Men...

Toyota recalls 550,000 cars for steering issue

2011-11-10 00:00:00

TOKYO, Nov 9 (AP): Toyota Motor Corp. said Wednesday it is recalling about 550,000 vehicles worldwide - mostly in the United States - for problems that could make it harder to steer. The recall affects 447,000 vehicles in North America,...

Euro fights resistance but outlook still grim

2011-11-10 00:00:00

TOKYO, Nov 9 (Reuters): The euro fought stiff chart resistance Wednesday following a rally after Italy's premier said he would resign, but its outlook remained gloomy amid the political turmoil engulfing both Greece and Italy, with those countries' borrowing costs...

Samsung eyes record spending in 2012

2011-11-10 00:00:00

SEOUL, Nov 9 (Reuters): Samsung Electronics plans to invest a record 38 trillion won (US$33.9 billion) in facilities and R&D next year, a 27 per cent jump from an estimated 30 trillion won this year, local media reported Wednesday, citing...

Vietnam adopts resolutions on socio-economic development plans

2011-11-10 00:00:00

HANOI, Nov 9 (Xinhua): Deputies to the second session of the Vietnamese 13th National Assembly (NA) adopted here Wednesday three important resolutions on the socio-economic development plan for 2012, the government's bond capital for 2011-2015, and the country's key projects...

Air Chief in London

2011-11-10 00:00:00

Chief of Air Staff Air Marshal SM Ziaur Rahman left Dhaka Monday for United Kingdom (UK) to attend the "Defence IQ's 11th Annual International Fighter Conference", which began in London Tuesday, reports BSS. The three-day conference is taking place at...

M'sian University team calls on DU VC

2011-11-10 00:00:00

A four-member delegation of Islamic Science University of Malaysia (Universiti Sains Islam Malaysia-USIM) led by its Vice-Chancellor Prof Dato' Dr Muhammad Muda called on Dhaka University Vice-Chancellor Prof Dr AAMS Arefin Siddique at the latter's official residence recently, reports UNB.

Indian HC to celebrate Maulana Azad's birthday today

2011-11-10 00:00:00

Indira Gandhi Cultural Centre of Indian High Commission (HC) in Dhaka will celebrate the 123rd birth anniversary of Maulana Abul Kalam Azad as ICCR Day at 7:00 pm today (Thursday), in the centre's auditorium in Gulshan, reports UNB. Maulana Abul...

Greek finmin meets banking chiefs

2011-11-10 00:00:00

ATHENS, Oct 6 (AFP): Greek Finance Minister Evangelos Venizelos met top bankers after German Chancellor Angela Merkel suggested a possible revision of the July 21 eurozone rescue plan for Greece, a source at his ministry said Thursday. Venizelos met with...

Yuan touches record trading high against dollar

2011-11-10 00:00:00

SHANGHAI, Nov 9 (Reuters): The yuan touched a record trading high against the dollar Wednesday, playing catch-up with the Chinese central bank's mid-point, but the currency closed off the high amid caution over its potential to appreciate in the future,...

Sri Lanka tourist arrivals hit new record in 2011

2011-11-10 00:00:00

COLOMBO, Nov 9 (Reuters): Sri Lanka's tourist arrivals in the first 10 months of the year has surpassed 2010's record as visitors to the island nation has continued to rise every month on a year-on-year basis since a 25-year civil...

India to move forward on trade process liberalisation in S Asia

2011-11-10 00:00:00

NEW DELHI, Nov 9 (Xinhua): Indian Prime Minister Manmohan Singh said Wednesday that he will move forward on the process of liberalisation of trade in South Asia. The prime minister, who left for Maldives to attend the South Asian Association...

AIS Q3 net profit beats forecast, sees growth momentum

2011-11-10 00:00:00

BANGKOK, Nov 9 (Reuters): Advanced Info Service Pcl (AIS), Thailand's top mobile phone operator, reported a better-than-expected 26 per cent rise in quarterly earnings on Wednesday due to rising revenue in both voice and data services. AIS, Southeast Asia's largest...

Thai Airways returns to Q3 profit

2011-11-10 00:00:00

BANGKOK, Nov 9 (Reuters): Thai Airways International Pcl said Wednesday it returned to a net profit for the third quarter, helped by gains from foreign exchange. The national carrier said it made a net profit of 2.45 billion baht ($79.8...

TCS wins $2.2b order from UK firm

2011-11-10 00:00:00

NEW DELHI, Nov 9 (Reuters): Tata Consultancy Services (TCS), country's leading software services exporter, said Wednesday it won a $2.2 billion order, boosting its shares more than 3.5 per cent in a flat market. The 15-year order from UK-based pensions...

Pakistan engg goods export rises 75.25pc

2011-11-10 00:00:00

ISLAMABAD, Nov 9 (APP): Pakistan's export of engineering goods registered an increase of 75.25 per cent during first quarter of current year over the same period of last year. The country has exported the commodities worth US$ 85.39 million during...