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Australian military hit by sex assault claim

2011-10-12 00:00:00

SYDNEY, Oct 9 (AFP): A female soldier serving with Australian forces in Afghanistan was allegedly sexually assaulted on a military base, officials said Sunday, just days before the release of a report into defence abuse cases. The soldier, whose rank...

ECNEC okays 8 projects worth Tk 12.93b

2011-10-12 00:00:00

FE Report The government's top economic policy-making panel, ECNEC, Tuesday approved eight projects worth Tk 12.93 billion including a Tk5.0 billion scheme to augment farm production in the country's impoverished south-western and northern regions. The approval came at a meeting...

Deal signed to better Ctg railway station

2011-10-12 00:00:00

FE Report Bangladesh Railway has signed a Tk 2.51 billion accord with a local company to remodel its Chittagong station for the improvement of its operational capacity. The Chittagong railway station, the second largest in the country, has been facing...

Dragonair gets best regional airline award

2011-10-12 00:00:00

Dragonair, a Hong Kong-based airlines, was honoured with the "Best Regional Airline" award at the 22nd Annual TTG Travel Awards ceremony in Bangkok Thursday, said a statement This is the second consecutive year the carrier was given the award. The...

General traders not allowed in the DITF '12

2011-10-12 00:00:00

Ismail Hossain The 17th Dhaka International Trade Fair (DITF) 2012 begins on January 1 like every year with a significant change of not allowing any general trader in the fair. "Only manufacturers, exporters, manufacturers' associations, governmentautonomous bodies, chamber and trade...

Economic downturn affecting oil demand: OPEC

2011-10-12 00:00:00

LONDON. Oct 11 (Business Standard): The Organization of Petroleum Exporting Countries (OPEC) cut its global oil demand growth forecast for a fourth consecutive month, citing an economic downturn in developed countries and efforts by China and India to curb fuel...

Beijing hikes investment in China-Pakistan railway

2011-10-12 00:00:00

ISLAMABAD, Oct 11 (Economic Times): Beijing has increased investment in the China-Pakistan railway, it was reported here. Pakistan welcomed China's cabinet decisions to increase investment in major infrastructure construction projects in the two economic zones in Xinjiang, including the construction...

EU-IMF, Greece agree reforms for next loan tranche

2011-10-12 00:00:00

ATHENS, Oct 11 (Economic Times): Greece's international creditors on Tuesday said they had reached an agreement with Athens on reforms to put its troubled economy back on track and unlock a loan tranche needed to avert default next month. "The...

ILO confce on apprenticeship promotion today

2011-10-12 00:00:00

The National Conference on Promotion of Apprenticeships in Bangladesh will be held in Dhaka today (Wednesday) in the city. The conference will provide participants with an overview of Bangladesh's current apprenticeship system, provide an update of the current Technical and...

India's economy to grow at 8pc, says Manmohan

2011-10-12 00:00:00

NEW DELHI, Oct 11: The Indian economy will achieve near 8 per cent growth in the current financial year despite the global slowdown, while lowering inflation remains a challenge in the short term, Prime Minister Manmohan Singh said in a...

Afghan woman MP 'critical' in vote row hunger strike

2011-10-12 00:00:00

KABUL, Oct 9 (AFP): An Afghan woman MP was in a critical condition Sunday, her doctor said, after entering the eighth day of a hunger strike to protest against her expulsion from parliament over alleged vote fraud. Semin Barakzai, one...

Australian military hit by sex assault claim

2011-10-12 00:00:00

SYDNEY, Oct 9 (AFP): A female soldier serving with Australian forces in Afghanistan was allegedly sexually assaulted on a military base, officials said Sunday, just days before the release of a report into defence abuse cases. The soldier, whose rank...

SBI plans to raise Rs 50.0b from rights issue by March

2011-10-12 00:00:00

NEW DELHIOct 11 (PTI): Country's largest lender State Bank of India (SBI) today said that raising Rs 50.0 billion through the rights issue, in the first phase by March, would be sufficient to help it achieve 8 per cent capital...

FDI in S Korea grows 4.3pc in 9 months

2011-10-12 00:00:00

SEOUL, Oct 11 (Xinhua): Foreign direct investment (FDI) in South Korea grew 4.3 per cent on-year for the first nine months of this year due to solid investment from advanced nations, a government report showed Tuesday. The cumulative FDI in...

HSBC expects Asia's trade volume to double by 2025

2011-10-12 00:00:00

HONG KONG, Oct 11 (Reuters): Asia's trade volume will almost double by 2025 and will be the key driver of world trade growth despite current global economic headwinds, HSBC said in a report Tuesday. Asia's trade volume will grow 96...

Sinopec buys 18pc stake of Chevron Indonesia deep-water project

2011-10-12 00:00:00

BEIJING, Oct 11 (Reuters): Sinopec International Petroleum Exploration and Production Corp (SIPC), a wholly-owned unit of state-owned Sinopec Group, has completed the purchase of an 18-per cent stake in Chevron Corp's Indonesian deep-water project for $680 million, a Sinopec official...

CIC to invest $1b in China-Russia fund

2011-10-12 00:00:00

BEIJING, Oct 11 (Reuters): China Investment Corp will invest $1 billion in a joint Russia-China Investment Fund to be set up in partnership with a Russian state vehicle to promote direct investment, the head of Russian state development bank VEB...

Japan's service sector sentiment falls in Sept

2011-10-12 00:00:00

TOKYO, Oct 11 (Xinhua): Sentiment in Japan's service sector declined for a second straight month in September as a persistently firm yen and concerns about the pace of the global economic recovery hurt sentiment, the cabinet office said Tuesday in...

Asian Tiger Capital Partners market update on DSE

2011-10-12 00:00:00

The Benchmark General Index DGEN continued to head south, tumbling sharply and losing more than 4% by close of trade. The advance-decline ratio of only 0.032 told the story for the day as investors once again took to the street...

ILO confce on apprenticeship promotion today

2011-10-12 00:00:00

The National Conference on Promotion of Apprenticeships in Bangladesh will be held in Dhaka today (Wednesday) in the city. The conference will provide participants with an overview of Bangladesh's current apprenticeship system, provide an update of the current Technical and...

India's economy to grow at 8pc, says Manmohan

2011-10-12 00:00:00

NEW DELHI, Oct 11: The Indian economy will achieve near 8 per cent growth in the current financial year despite the global slowdown, while lowering inflation remains a challenge in the short term, Prime Minister Manmohan Singh said in a...

Afghan woman MP 'critical' in vote row hunger strike

2011-10-12 00:00:00

KABUL, Oct 9 (AFP): An Afghan woman MP was in a critical condition Sunday, her doctor said, after entering the eighth day of a hunger strike to protest against her expulsion from parliament over alleged vote fraud. Semin Barakzai, one...

Australian military hit by sex assault claim

2011-10-12 00:00:00

SYDNEY, Oct 9 (AFP): A female soldier serving with Australian forces in Afghanistan was allegedly sexually assaulted on a military base, officials said Sunday, just days before the release of a report into defence abuse cases. The soldier, whose rank...

IBB prize-giving ceremony held

2011-10-12 00:00:00

FE Report The prize- giving ceremony of the Institute of Bankers, Bangladesh (IBB) was held at Hotel Purbani in the city Tuesday. President of IBB and governor of the central bank, Dr Atiur Rahman distributed prizes among the winners as...

Gold extends gains on EU debt hopes

2011-10-12 00:00:00

SINGAPORE, Oct 11 (Reuters): Spot gold prices edged higher Tuesday, building on a rally of more than 2 per cent in the previous session, as optimism about a resolution of the euro zone's debt crisis underpinned market sentiment. The pledge...

India's renewable energy sector attracts more private investments

2011-10-12 00:00:00

HYDRABAD, (Commodity Online): India's renewable energy sector has attracted more investments from private players. GE Energy Financial Services plans to invest $50 million with Greenko groups for the development of wind energy projects in India and this is GE's first...

EU to revise agriculture policy for better use of funds

2011-10-12 00:00:00

LONDON, Oct 11 (Commodity Online): European Union (EU) got an unique opportunity to reform the EU's Common Agricultural Policy (CAP) and to utilise the fund in better ways as the higher commodity price has made the farmers less dependent on...

China to take oil, gas sales tax nationwide

2011-10-12 00:00:00

BEIJING, Oct 11 (AFP): China has said it will roll out a tax on crude oil and natural gas sales nationwide from next month as Beijing looks to save energy and cut emissions, while doubling the maximum levy on rare...

Offering continues to be fairly heavy

2011-10-12 00:00:00

Offering continued to be fairly heavy and this met with less demand from all sections. Plain poor teas were virtually neglected and there were heavy withdrawals in this category Blenders were quite active whilst Loose ten buyers were again selective....

Asian Tiger Capital Partners market update on DSE

2011-10-12 00:00:00

The Benchmark General Index DGEN continued to head south, tumbling sharply and losing more than 4% by close of trade. The advance-decline ratio of only 0.032 told the story for the day as investors once again took to the street...