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Hindrances to ADP implementation

2011-10-28 00:00:00

A national English daily, The Financial Express, in its 25 October issue reported that the government could implement only eleven per cent of annual development programme (ADP), in terms of its financial outlay, in the first quarter (Q1) of this...

Floods delay Yingluck's rice economics lesson

2011-10-28 00:00:00

The severe flooding in Southeast Asia has had the unintended consequence of delaying the economic day of reckoning for the rice policies of new Thai Prime Minister Yingluck Shinawatra. Yingluck's promise to pay Thailand's rice farmers 15,000 baht ($486) a...

Maruti faces 4pc cancellation of Swift orders

2011-10-28 00:00:00

NEW DELHI, Oct 28 (PTI): Suzuki is feeling the pinch of labour strikes, with about 2-4 per cent of the prospective customers of one of its successful models, Swift, deciding to cancel orders due to the long waiting period. Alarmingly...

China's foreign trade to surpass $3t mark

2011-10-28 00:00:00

BEIJING, Oct 28 (IANS): China's foreign trade will surpass $3 trillion this year, accounting for 10.5 per cent of the world's total, a senior official said Friday. This year marked the 10th anniversary of China's entry to the World Trade...

Malaysian, Chinese firms seal $10b contracts at Nanning expo

2011-10-28 00:00:00

KUALA LUMPUR, Oct 28 (Xinhua): Malaysian firms inked 10-billion-dollar economic cooperation agreements with Chinese companies during a roundtable dialogue at the recently-concluded China-ASEAN Expo in Nanning of south China's Guangxi. Malaysia's state news agency Bernama reported Thursday that Malaysian and...

Courier service firms in race to introduce online transfer of cash

2011-10-28 00:00:00

Md Mazadul Hoque Courier service operators have started automating their operations to ensure faster delivery of cash to the customers as they seek to reduce reliance on mobile phones, industry people said. Though domestic courier services are now delivering cash...

corporate watch

2011-10-28 00:00:00

Agricultural loan disbursements in the first quarter of the current fiscal year (FY), declined drastically by about Tk 4.81 billion compared to the corresponding period of the last FY, Bangladesh Bank (BB) data revealed.According to the BB data, state owned...

CNG now in kitchens, industries

2011-10-28 00:00:00

Ismail Hossain Deprived of lined natural gas and due to lack of adequate and low-priced bottled liquefied petroleum gas (LPG), a large number people are using the compressed natural gas (CNG) in kitchens and small industries, said those related with...

Bottled mineral water prices rise by 20-25pc

2011-10-28 00:00:00

Yasir Wardad Prices of different sized bottled mineral water have increased sharply in the market, making the item out of reach of the common people, claimed consumers and retailers. "The prices of bottled mineral water have been increased by 20...

Spain's unemployment hits 15-year high

2011-10-28 00:00:00

MADRID, Oct 28 (Reuters): Spain's unemployment rose to its highest level since the end of 1996 in the third quarter after a strong tourist season was overshadowed by a stagnant economy, while consumer prices held well above the European Central...

Sebi looking at new investment fund code

2011-10-28 00:00:00

CAPE TOWN, Oct 28 (Reuters): The Securities and Exchange Board of India (Sebi) has drafted alternative investment fund guidelines and could release the final code within a few months, an official with the Sebi board said Friday. India media recently...

China implements 100 clean energy projects to aid Africa

2011-10-28 00:00:00

HANGZHOU, Oct 28 (Xinhua): China has been carrying out clean energy projects in more than ten African countries to help the continent -- believed one of the largest victims of climate change by some experts -- tackle the multiple effects...

Indonesia, Russia expect $5b trade volume by 2014

2011-10-28 00:00:00

JAKARTA, Oct 28 (Xinhua): Indonesian Coordinating Minister for Economy Hatta Rajasa said Thursday that the trade volume between Indonesia and Russia is expected to hit 5 billion US dollars by 2014 from the current 1.5 billion US dollars. The minister...

Sri Lanka exporter targets domestic flower market

2011-10-28 00:00:00

OCTOBER, Oct 28 (LBO): A Sri Lankan horticulture exporter said it has begun targeting a growing domestic market for cut flowers and horticulture. Hayleys Agriculture, a division of the listed Hayleys group, said it had begun appointing agents and distributors...

S Korea to miss self-imposed deadline on US trade pact

2011-10-28 00:00:00

SEOUL, Oct 28 (Reuters): South Korea's ruling party Friday rejected opposition demands for changes to a free trade deal with the United States but said it would not use its parliamentary majority to push through the pact before the self-imposed...

Courier service firms in race to introduce online transfer of cash

2011-10-28 00:00:00

Md Mazadul Hoque Courier service operators have started automating their operations to ensure faster delivery of cash to the customers as they seek to reduce reliance on mobile phones, industry people said. Though domestic courier services are now delivering cash...

corporate watch

2011-10-28 00:00:00

Agricultural loan disbursements in the first quarter of the current fiscal year (FY), declined drastically by about Tk 4.81 billion compared to the corresponding period of the last FY, Bangladesh Bank (BB) data revealed.According to the BB data, state owned...

CNG now in kitchens, industries

2011-10-28 00:00:00

Ismail Hossain Deprived of lined natural gas and due to lack of adequate and low-priced bottled liquefied petroleum gas (LPG), a large number people are using the compressed natural gas (CNG) in kitchens and small industries, said those related with...

Bottled mineral water prices rise by 20-25pc

2011-10-28 00:00:00

Yasir Wardad Prices of different sized bottled mineral water have increased sharply in the market, making the item out of reach of the common people, claimed consumers and retailers. "The prices of bottled mineral water have been increased by 20...

Spain's unemployment hits 15-year high

2011-10-28 00:00:00

MADRID, Oct 28 (Reuters): Spain's unemployment rose to its highest level since the end of 1996 in the third quarter after a strong tourist season was overshadowed by a stagnant economy, while consumer prices held well above the European Central...

Sebi looking at new investment fund code

2011-10-28 00:00:00

CAPE TOWN, Oct 28 (Reuters): The Securities and Exchange Board of India (Sebi) has drafted alternative investment fund guidelines and could release the final code within a few months, an official with the Sebi board said Friday. India media recently...

China implements 100 clean energy projects to aid Africa

2011-10-28 00:00:00

HANGZHOU, Oct 28 (Xinhua): China has been carrying out clean energy projects in more than ten African countries to help the continent -- believed one of the largest victims of climate change by some experts -- tackle the multiple effects...

Indonesia, Russia expect $5b trade volume by 2014

2011-10-28 00:00:00

JAKARTA, Oct 28 (Xinhua): Indonesian Coordinating Minister for Economy Hatta Rajasa said Thursday that the trade volume between Indonesia and Russia is expected to hit 5 billion US dollars by 2014 from the current 1.5 billion US dollars. The minister...

Sri Lanka exporter targets domestic flower market

2011-10-28 00:00:00

OCTOBER, Oct 28 (LBO): A Sri Lankan horticulture exporter said it has begun targeting a growing domestic market for cut flowers and horticulture. Hayleys Agriculture, a division of the listed Hayleys group, said it had begun appointing agents and distributors...

S Korea to miss self-imposed deadline on US trade pact

2011-10-28 00:00:00

SEOUL, Oct 28 (Reuters): South Korea's ruling party Friday rejected opposition demands for changes to a free trade deal with the United States but said it would not use its parliamentary majority to push through the pact before the self-imposed...

Violence erupts after Tunisian Islamists win election

2011-10-28 00:00:00

TUNIS, Oct 28 (Reuters): Tunisian electoral officials confirmed the Islamist Ennahda party as winner of the North African country's election, setting it up to form the first Islamist-led government in the wake of the Arab Spring uprisings. But the election,...

UNESCO to vote on Palestine membership

2011-10-28 00:00:00

UNESCO's general assembly will vote Monday on whether to grantPalestine full member status, a move that would cut millions of dollars in US funding to the UN cultural agency, UNESCO sources said, reports AFP. The vote is to take place...

NATO to formally declare end to Libya mission

2011-10-28 00:00:00

BRUSSELS, Oct 28 (AFP): NATO was due Friday to formally declare an end to its seven-month mission in Libya despite calls from the country's new rulers for air patrols to continue until the end of the year. Alliance warplanes are...

Pakistan test-fires nuclear-capable stealth missile

2011-10-28 00:00:00

ISLAMABAD, Oct 28 (AFP): Pakistan said it had successfully test- fired Friday a stealth cruise missile capable of carrying nuclear warheads. The military said the "Hatf VII" missile had a range of 700 kilometres (438 miles) and was a "low-flying,...

Pak court issues Musharraf arrest warrant

2011-10-28 00:00:00

QUETTA, Pakistan, Oct 28 (AFP): A Pakistani court on Friday issued an arrest warrant for former president Pervez Musharraf and former prime minister Shaukat Aziz over the killing of a Baluch rebel leader, a lawyer said. Musharraf was president and...