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Samsung to release modified tablet in Germany

2011-11-18 00:00:00

SEOUL, Nov 17 (AFP): Samsung Electronics said Thursday it had modified the design of its newest tablet PC to bypass a sales ban in Germany and would start selling it there as early as this week. The Galaxy Tab 10.1N,...

Hugo Boss CEO optimistic about holiday sales

2011-11-18 00:00:00

NEW YORK, Nov 16 (Reuters): Hugo Boss AG expects good sales in the United States and Europe this holiday season despite lingering economic uncertainty and the eurozone crisis. "The buying behavior is better than the mood," Chief Executive Claus-Dietrich Lahrs...

Brazil-Africa trade to reach $60b by 2017

2011-11-18 00:00:00

SAO PAULO, Nov 17 (AFP): Brazil's trade with Africa could triple to $60 billion by 2017, according to business leaders here who also highlighted the South American behemoth's potential as a development model for the continent. "I believe that trade...

Asian Tiger Capital Partners market update on DSE

2011-11-18 00:00:00

The Benchmark General Index DGEN rallied sharply for the second consecutive trading day to gain more than three and a half percent. Traders continued to go long aggressively following previous day's meeting between the Prime Minister and relevant stakeholders. The...

Ctg rawhides market yet to get pace

2011-11-18 00:00:00

Pankaj Dastider CHITTAGONG, Nov 17: Tanneries have started to purchase rawhides from the city's wholesale markets following the growing demand from local export-oriented shoe factories. Wholesalers at Aturar Depot in the city said buyers from Dhaka are coming to the...

Obama foes pounce on $15 trillion US debt

2011-11-18 00:00:00

WASHINGTON, Nov 17, 2011 (AFP): President Barack Obama's Republican foes have pounced on news the US national debt passed $15 trillion for the first time to assail his economic policies one year from November 2012 elections. Republican House Budget Committee...

Inflation biggest economic challenge: Atiur

2011-11-18 00:00:00

The Governor of Bangladesh Bank (BB) Atiur Rahman said Thursday that the country's biggest economic challenge was taming inflation, which in September hit a record high, reports Reuters. In September, annual inflation rose to 11.97 per cent, from 11.29 per...

Bangladesh to defer wheat tender by two weeks

2011-11-18 00:00:00

Bangladesh's state grains buyer will defer the process of a tender to buy 50,000 tonnes of wheat by two weeks due to storage constraints, a procurement official said Thursday, reports Reuters. "The new date for the opening of bids will...

Philippines may buy more rice in 2012

2011-11-18 00:00:00

MANILA, Nov 17 (Reuters): The Philippines, among the world's biggest rice buyers, plans to buy more of the grain in 2012 than earlier forecast after typhoons damaged crops, and may start its purchases as early as next month, the Agriculture...

Handloom sector in dire straits as myriad problems beset it

2011-11-18 00:00:00

Badrul Ahsan Handloom units of the country are facing virtual closure due to unavailability of cotton, dyes and chemicals at fair price, shortage of capital and absence of modern cloth processing centres, industry insiders have said. According to a recent...

China's FX firepower is no euro zone bailout bazooka

2011-11-18 00:00:00

Kevin Yao of Reuters BEIJING, Nov 17: Europeans searching for a bazooka to blast away euro zone debt problems might well eye China's US$3.2 trillion foreign exchange (FX) arsenal with envy, but Beijing has far less firepower available than many...

Proposed JV power plant with India hits snag

2011-11-18 00:00:00

FE Report The coal-based 1,320 mega watt (mw) Khulna power plant to be built under a joint venture between the Bangladesh Power Development Board (BPDB) and the India's state-run NTPC Limited (formerly National Thermal Power Corporation) has hit snag over...

IMF Europe chief resigns

2011-11-18 00:00:00

WASHINGTON, Nov 17 (AFP): The International Monetary Fund's crucial head of its European Department, which oversees its giant bailouts of Greece, Portugal and Ireland, has resigned, the Fund announced Wednesday. Antonio Borges, who led the unit only since November 2010,...

Merkel urges Monti to move fast on 'crucial' reforms

2011-11-18 00:00:00

BERLIN, Nov 17 (AFP): German Chancellor Angela Merkel urged Italy's new prime minister Mario Monti Thursday to move fast to implement "crucial" reforms, as he was set to unveil an economic crisis plan. "You enter office at a difficult time...

6.392m tonnes Boro rice tobe produced in N-region

2011-11-18 00:00:00

RANGPUR, Nov 17 (BSS): The government through the Department of Agriculture Extension (DAE) has fixed a target of producing 63,92,194 tonnes Boro rice from 16,21,682 hectares land this season in northern Bangladesh, officials said. To make the programme successful, the...

Call to turn sanitation campaigninto social movement

2011-11-18 00:00:00

GAIBANDHA, Nov 17 (BSS): Speakers at a function in Gaibandha on Wednesday underscored the need for turning the sanitation campaign into social movement for building a healthy nation through achieving 100 percent sanitation coverage of the country by 2013. "Successful...

Tk 20m hides of sacrificial animals lying unsold

2011-11-18 00:00:00

PABNA, Nov 17 (UNB): Hides of sacrificial animals, bought during the Eid-ul-Azha, worth about Tk 20m remain unsold worrying the traders of Ishwardi upazila in Pabna. They are frustrated for not getting due prices of the hides. Asaduzzaman Asha, trader...

College student jailed for rape attempt

2011-11-18 00:00:00

SATKHIRA, Nov 17 (UNB): A mobile court convicted a college student Wednesday morning and sentenced him to three months imprisonment for trying to violate a schoolgirl at Mahatpur village in Kaliganj upazila in Satkhira on Tuesday night. The convict was...

Thousands pay homage to Maulana Bhashani

2011-11-18 00:00:00

Our Correspondent TANGAIL, Nov 17: Followers and admirers in thousands thronged Santosh in Tangail on 17 today (Thursday) to pay homage to legendary politician Maulana Abdul Hamid Khan Bhashani on the 35th anniversary of his death. Bhashani, popularly known as...

Tk 0.150m fine realised from 10 brickfields

2011-11-18 00:00:00

MAGURA, Nov 17 (UNB): A mobile court in Sadar upazila in Magura on Wednesday realized Tk 0.150m in fine from 10 brickfields for violating government prohibition in burning bricks. Sources said the mobile court led Upazila Nirbahi Officer (UNO) and...

Housewife killed, husband among 2 held in Sylhet

2011-11-18 00:00:00

SYLHET, Nov 17 (UNB): A man was arrested on charge of killing his wife in Kumarpara area of Sylhet city on Wednesday morning. Receiving information, police broke into the first floor rented residence of Sohel Ahmed Masud and found the...

6 Jamaat activists sent to jail

2011-11-18 00:00:00

Our Correspondent KHULNA, Nov 17: Six Jamaat-e-Islami activists including one leader have been sent to jail in an anti state activities case. The accused are Mahabubul Alam, secretary of district unit Jamaat, Asaduzzaman Mukul, Amir of Debhata thana, Yakub Ali,...

News in brief

2011-11-18 00:00:00

One jailed for taking drugs A man was arrested in Sadar pourashava area in Chapainawabganj on Wednesday on charge of taking anti-histamin injection, which is generally used for treatment of cattle. Police said they raided the PTI slum and held...

Thousands of Kuwaitis storm parliament

2011-11-18 00:00:00

KUWAIT CITY, Nov 17 (AFP): Thousands of Kuwaitis stormed parliament Wednesday after police and elite forces beat up protesters marching on the prime minister's home to demand he resign, an opposition MP said. The demonstrators broke open parliament's gates and...

Arab leaders give Syria three days to halt 'bloody repression'

2011-11-18 00:00:00

DAMASCUS, Nov 17 (AFP): Arab leaders have given Syrian President Bashar al-Assad three days to halt his "bloody repression" of protests or risk sanctions, but activists said security forces shot dead a nine-year-old girl Thursday. The youngster was killed during...

Myanmar needs to do more: Obama

2011-11-18 00:00:00

CANBERRA, Nov 17 (Reuters): US President Barack Obama said on Thursday Myanmar had opened a dialogue on reform but needed to do more to improve human rights in his first remarks about the authoritarian regime after the Southeast Asian nation...

Greece's Samaras rules out post-election cooperation

2011-11-18 00:00:00

ATHENS, Nov 17 (Reuters): The leader of Greece's conservatives, reluctant partners in a unity government, signaled on Thursday his main focus was on winning an election expected in February and reversing policies prescribed under an emergency bailout. Antonis Samaras has...

news digest

2011-11-18 00:00:00

Three suicide bombers, two policemen killed in Pakistan KARACHI, Nov 17 : Three suicide bombers blew themselves up in their car when intercepted by police Wednesday in the southern Pakistan port city of Karachi, also killing two policemen, the home...

WI, Pakistan, S Lanka, Netherlands almost ensure super-six berth

2011-11-18 00:00:00

West Indies, Pakistan, Sri Lanka and the Netherlands have almost ensured their super-six berth in the ICC Women's World Cup Qualifier beating their respective rivals at separate city venues Thursday, reports UNB. On the day's group B match, strong West...

Sports Diggest

2011-11-18 00:00:00

Ethiopia reach 2nd round of WC qualifying ADDIS ABABA, Nov 17: Ethiopia became the final team to reach the second round of African qualifying for the 2014 World Cup after beating Somalia 5-0 in the second leg of their first-round...