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IUBAT, USIM sign MoU to extend cooperation

2011-11-11 00:00:00

A Memorandum of Understanding (MoU) has been signed between Universiti Sains Islam Malaysia (USIM) of Malaysia and the International University of Business Agriculture and Technology (IUBAT) of Bangladesh to extend cooperation on all academic and institutional matters, reports UNB. Prof...

Greek finmin meets banking chiefs

2011-11-11 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...

Exporters brace for lower exportearnings in current fiscal year

2011-11-11 00:00:00

Nizam Ahmed The country may not achieve its export target of $26.3 billion in the current fiscal year up to June 2012 due to the fresh global slowdown emerging from Europe's debt crisis, experts and traders said on Thursday. The...

'BERC, not FM, lawful body to fix CNG price'

2011-11-11 00:00:00

Bangladesh CNG Association in a statement on Thursday termed the statement of Finance Minister AMA Muhith on CNG price hike as "unlawful, unrestrained and beyond his jurisdiction", reports UNB. The statement, signed by secretary general of the association Zakir Hossain...

BD, EU meet Nov 27 to review economic ties

2011-11-11 00:00:00

Syful Islam Officials of Bangladesh and the European Union (EU) will sit together later this month to review their trade, investment and economic relations, officials said. Such a review takes place once in two years aiming to identify the problems...

Govt seeks $2.32bfrom China for 6 priority projects

2011-11-11 00:00:00

FHM Humayan Kabir The government has recently sought US$ 2.32 billion financial support from China for Bangladesh's six priority projects, officials said. Economic Relations Division (ERD) officials said the government has recently selected six priority projects out of 28 schemes....

Move taken to amend BSTI Ordinance

2011-11-11 00:00:00

Monira Munni Ministry of Industries (MoI) has taken a fresh move to amend the existing BSTI Ordinance in a bid to make the latter more effective and time-befitting, officials said. The BSTI Ordinance 1985 was based on laws made during...

'Italy could pose a systemic risk to global economy'

2011-11-11 00:00:00

Fazle Rashid NEW YORK, Nov 10: High debt and slow growth have been the core problems in both Europe and the US. This aroused fear of contagion spreading to all parts of the globe. The contagion has arrived with brute...

President awarded for hishumanitarian services

2011-11-11 00:00:00

President M Zillur Rahman on Thursday received the medal of Global Leader of Humanitarian Service as recognition of his life-long contribution to the cause of humanity, reports UNB. Dr Wing Kun Tam, International President of Lions Club International, formally conferred...

Saima seeks Sonia's supportfor autism campaign

2011-11-11 00:00:00

NEW DELHI, Nov 10 (BSS): Chairperson of National Advisory Committee on Autism in Bangladesh Saima Wazed Hossain today sought Sonia Gandhi's support for the autism campaign as she called on India's ruling Congress party chief at her residence. "Saima Wajed...

GAVI Alliance envoyarrives Nov 13

2011-11-11 00:00:00

Bill Roedy, former CEO of MTV and envoy of GAVI Alliance will arrive in Dhaka on November 13 on a five-day visit to Bangladesh, reports UNB. The GAVI Alliance is a public-private global health partnership committed to saving children's lives...

IUBAT, USIM sign MoU to extend cooperation

2011-11-11 00:00:00

A Memorandum of Understanding (MoU) has been signed between Universiti Sains Islam Malaysia (USIM) of Malaysia and the International University of Business Agriculture and Technology (IUBAT) of Bangladesh to extend cooperation on all academic and institutional matters, reports UNB. Prof...

Greek finmin meets banking chiefs

2011-11-11 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...

IIDFC enters into global carbon market

2011-11-11 00:00:00

FE Report IIDFC has entered into global carbon market, whose approximate value is $ 140 billion as of now, with the registration of Clean Development Mechanism (CDM) project titled "Improving Kiln Efficiency in the Brick Making Industry in Bangladesh (Bundle-1)....

BD woman entrepreneur awarded

2011-11-11 00:00:00

FE Report Amina Begum, a Bangladeshi woman entrepreneur has been awarded the Youth Business International (YBI) Entrepreneur of the Year in London, UK, said a press release. Amina, the owner of Amir Tailors and Boutique, was given the award at...

Micromax launches latest QWERTY handset

2011-11-11 00:00:00

Micromax Informatics Limited ("Micromax"), has announced the launch of its latest QWERTY handset, Micromax Q22 for the customers in Bangladesh, said a press release. This light weighted handset has been designed for people who love to chat on the internet...

Wholesalers to start selling raw hides to tanners from Sunday

2011-11-11 00:00:00

Jubair Hasan The wholesalers have planned to start selling raw hides to tanners within a couple of days, ending the prevailing row over fixation of prices between the tanners and traders. They said they would adopt open market prices this...

DGEN sheds 874 points in October

2011-11-11 00:00:00

FE Report The benchmark general index of the Dhaka Stock Exchange--- (DGEN) plunged 874 points or almost 15 per cent with loss of Tk 305 billion in market capitalization in the month of October. "The severe lack of confidence, absence...

'Italy could pose a systemic risk to global economy'

2011-11-11 00:00:00

Fazle Rashid NEW YORK, Nov 10: High debt and slow growth have been the core problems in both Europe and the US. This aroused fear of contagion spreading to all parts of the globe. The contagion has arrived with brute...

President awarded for hishumanitarian services

2011-11-11 00:00:00

President M Zillur Rahman on Thursday received the medal of Global Leader of Humanitarian Service as recognition of his life-long contribution to the cause of humanity, reports UNB. Dr Wing Kun Tam, International President of Lions Club International, formally conferred...

Saima seeks Sonia's supportfor autism campaign

2011-11-11 00:00:00

NEW DELHI, Nov 10 (BSS): Chairperson of National Advisory Committee on Autism in Bangladesh Saima Wazed Hossain today sought Sonia Gandhi's support for the autism campaign as she called on India's ruling Congress party chief at her residence. "Saima Wajed...

GAVI Alliance envoyarrives Nov 13

2011-11-11 00:00:00

Bill Roedy, former CEO of MTV and envoy of GAVI Alliance will arrive in Dhaka on November 13 on a five-day visit to Bangladesh, reports UNB. The GAVI Alliance is a public-private global health partnership committed to saving children's lives...

IUBAT, USIM sign MoU to extend cooperation

2011-11-11 00:00:00

A Memorandum of Understanding (MoU) has been signed between Universiti Sains Islam Malaysia (USIM) of Malaysia and the International University of Business Agriculture and Technology (IUBAT) of Bangladesh to extend cooperation on all academic and institutional matters, reports UNB. Prof...

Greek finmin meets banking chiefs

2011-11-11 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...

Women entrepreneurs urged to work together for better economy

2011-11-11 00:00:00

Chittagong, Nov 10: Commerce Minister Faruk Khan Thursday urged women entrepreneurs and businessmen here in the port city to work together for ensuring better contribution to economy and making country's economic condition stronger, reports UNB. "Women have learned how to...

Obama seeks ideas on reducing black joblessness

2011-11-11 00:00:00

WASHINGTON, Nov 10 (AP): In a shift in White House tactics on the cusp of an election year, President Barack Obama isn't shying away these days from saying that many of his policies were designed with African-Americans in mind. Until...

UBS to shut US asset-backed securities unit

2011-11-11 00:00:00

ZURICH, Nov 10 (Reuters): UBS is shutting its asset-backed securities business in the United States, Swiss newspaper HandelsZeitungreported on Thursday without citing sources. UBS declined to comment on the report. The head of the business, Ken Cohen, was hired just...

European Union warns of possible recession in eurozone

2011-11-11 00:00:00

BRUSSELS, Nov 10 (AP): The European Union warned Thursday that the 17-country eurozone could slip into "a deep and prolonged recession" next year as the debt crisis shows alarming signs of spinning out of control. The EU's economic watchdog, the...

RAKUB to disburse loan for Boro, potato cultivation in Gaibandha

2011-11-11 00:00:00

GAIBANDHA, Nov 10: Rajshahi Krishi Unnayan Bank (RAKUB) has taken a massive plan to disburse agriculture loan among the farmers of the district for Boro and potato cultivation during the current Robi season, reports BSS. The aim of the loan...

Thailand tries to help companies as floods spread

2011-11-11 00:00:00

BANGKOK, Nov 10 (AP): Thailand offered more help Thursday to businesses affected by widespread flooding, as water spread deeper into Bangkok and threatened to cut off a major highway. The flooding since late July has killed 533 people, caused billions...