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BTRC, GP sit today to resolve standoff over audit report

2011-10-10 00:00:00

FE Report Telecom regulator and Grameenphone (GP) will sit today (Monday) in an apparent attempt to end a row over the non-payment of dues by the cellphone company. The meeting is being convened after the demand of Bangladesh Telecommunications Regulatory...

Anwaruddin elected CAPA Director

2011-10-10 00:00:00

Anwaruddin Chowdhury, Representative of the Institute of Chartered Accountants of Bangladesh (ICAB), has been elected as a Director of the Confederation of Asian and Pacific Accountants (CAPA) Board for a four year term 2011-15, at the CAPA Assembly of Delegates...

Swiss officials convene bank crisis committee

2011-10-10 00:00:00

ZURICH, Oct 9 (Reuters): The Swiss authorities have convened a crisis committee set up after the 2008 government bailout of UBS to discuss the possible impact on the big banks of the euro zone debt crisis, the NZZ am Sonntag...

Saudi central bank 'not worried' about inflation

2011-10-10 00:00:00

JEDDAH, OCT 9: Saudi Arabia's inflation levels are not worrying and will continue to decline, the country's central bank governor Muhammad Al-Jasser said on Saturday. "Inflation levels are not worrying. Inflation has become stable since the beginning of the year...

Indian luxury market touches $5.8b

2011-10-10 00:00:00

NEW DELHI, Oct 9: The Indian luxury market, which is estimated to have touched around $5.8 billion (nearly Rs 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, where many...

No AL choice yet on NCC polls candidate

2011-10-10 00:00:00

Despite holding separate meetings with two candidates, Shamim Osman and Selina Hayat Ivy, the ruling Awami League (AL) on Sunday could not decide to whom it would actually extend its support for contesting the upcoming Narayanganj City Corporation (NCC) election....

Govt for welfare of disabled children

2011-10-10 00:00:00

Social Welfare Minister Enamul Haque Mostafa Shahid said the government is committed to ensure welfare of the disabled children. The social welfare minister said this at the concluding session of 'World Children Day-2011' organised by Bangladesh Shishu Kallyan Parishad' in...

Chinese exporters hurting as EU crisis deepens

2011-10-10 00:00:00

BEIJING, Oct 9 (AFP): Wu Wenlong, a belt maker in China, has seen European orders slump 50 per cent as the region's debt crisis hits demand for Chinese exports and threatens to tip major economies back into recession. While Zhejiang...

Asian economic powers look to boost cooperation

2011-10-10 00:00:00

KUWAIT CITY, Oct 9 (AFP): Asia's economic powers, including major oil producers and consumers, are to meet in Kuwait today (Monday) to discuss how to protect their nations against global crises. Foreign ministers of the 31-member Asia Cooperation Dialogue (ACD),...

Asian Tiger Capital Partners market update on DSE

2011-10-10 00:00:00

The Benchmark General Index DGEN shred more than three percent on the first trading day of the week. News in some daily newspaper where Finance Minister was quoted saying that the government has nothing to do with the country's stock...

OPEC likely to keep oil output unchanged: Iran

2011-10-10 00:00:00

TEHRAN, Oct 9 (AFP): OPEC is likely to keep its oil production quotas unchanged at its next meeting in December, Iran's representative to the cartel said, according to the oil ministry website. "Oil producers and oil consumers are satisfied with...

British Airways offers luxury air service

2011-10-10 00:00:00

NEW DELHI, Oct 9 (Economic Times): Close on the heels of launching its biggest ad campaign coinciding with a five billion pound investment programme, British Airways would soon introduce luxurious new first class flights on several major global routes. While...

Dow Chemical, Aramco sign plant deal

2011-10-10 00:00:00

NEW YORK, Oct 9 (AFP): Saudi state oil giant Aramco and US firm Dow Chemical signed a deal Saturday to build a massive chemical plant in the eastern Saudi port city of Jubail, a joint statement said. The signing follows...

Swiss officials convene bank crisis committee

2011-10-10 00:00:00

ZURICH, Oct 9 (Reuters): The Swiss authorities have convened a crisis committee set up after the 2008 government bailout of UBS to discuss the possible impact on the big banks of the euro zone debt crisis, the NZZ am Sonntag...

Saudi central bank 'not worried' about inflation

2011-10-10 00:00:00

JEDDAH, OCT 9: Saudi Arabia's inflation levels are not worrying and will continue to decline, the country's central bank governor Muhammad Al-Jasser said on Saturday. "Inflation levels are not worrying. Inflation has become stable since the beginning of the year...

Indian luxury market touches $5.8b

2011-10-10 00:00:00

NEW DELHI, Oct 9: The Indian luxury market, which is estimated to have touched around $5.8 billion (nearly Rs 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, where many...

No AL choice yet on NCC polls candidate

2011-10-10 00:00:00

Despite holding separate meetings with two candidates, Shamim Osman and Selina Hayat Ivy, the ruling Awami League (AL) on Sunday could not decide to whom it would actually extend its support for contesting the upcoming Narayanganj City Corporation (NCC) election....

Govt for welfare of disabled children

2011-10-10 00:00:00

Social Welfare Minister Enamul Haque Mostafa Shahid said the government is committed to ensure welfare of the disabled children. The social welfare minister said this at the concluding session of 'World Children Day-2011' organised by Bangladesh Shishu Kallyan Parishad' in...

Sugarcane growers threaten to stop supply to mills

2011-10-10 00:00:00

FE Report Sugarcane growers Sunday threatened to stop supply of the crop to sugar-mills as they gave the government an ultimatum to fix its price at Tk 150 per maund (40 kg). The national committee of Bangladesh Sugarcane Farmers' Union...

Beijing tells US to stop pressuring China

2011-10-10 00:00:00

BEIJING, Oct 9 (AFP): China Sunday urged Washington to stop pressuring Beijing as the US Senate prepares to vote on a controversial bill aimed at punishing the Asian nation for alleged currency manipulation. The proposal, powered by a tide of...

China announces cut in fuel prices

2011-10-10 00:00:00

BEIJING, Oct 9 (AFP): China Saturday said it would cut the price of diesel and petrol by 300 yuan ($47) a tonne, its first price reduction in 16 months. Petrol prices would be cut by 0.22 yuan per litre (13...

New initiative aims to raise share of local farm products in UAE

2011-10-10 00:00:00

ABU DHABI, Oct 9 (Gulfnews): The UAE residents can expect more locally-produced fruits and vegetables in the market, thanks to a new initiative in Abu Dhabi. Abu Dhabi has already announced its plan to increase the market share of local...

Western fast food, waistlines surgein India

2011-10-10 00:00:00

NEW DELHI, Oct 9 (AFP): Every lunchtime at a McDonald's on the corner of one of central New Delhi's biggest streets, queues of hungry young patrons, often four-wide and unruly, snake towards the counters. The majority of those standing in...

Experts differ on future trajectory of gold prices

2011-10-10 00:00:00

MUMBAI, Oct 9 (Economic Times): Gold will witness further bullishness and prices are expected to cross Rs 29,000-30,000 per 10 grams by Diwali, according to the Bombay Bullion Association. "We expect gold prices to shoot up to Rs 29,000-30,000 per...

Swiss officials convene bank crisis committee

2011-10-10 00:00:00

ZURICH, Oct 9 (Reuters): The Swiss authorities have convened a crisis committee set up after the 2008 government bailout of UBS to discuss the possible impact on the big banks of the euro zone debt crisis, the NZZ am Sonntag...

Saudi central bank 'not worried' about inflation

2011-10-10 00:00:00

JEDDAH, OCT 9: Saudi Arabia's inflation levels are not worrying and will continue to decline, the country's central bank governor Muhammad Al-Jasser said on Saturday. "Inflation levels are not worrying. Inflation has become stable since the beginning of the year...

Indo-Bangla joint military exercise from today

2011-10-09 00:00:00

Bangladesh and India will hold a joint military exercise from October 9 to Oct 22 in Sylhet, reports UNB. An ISPR release said the two-week joint military exercise titled 'Sampriti-II' will be conducted between a team of Bangladesh Army and...

Ctg housing fair from Wednesday

2011-10-09 00:00:00

Our Correspondent CHITTAGONG, Oct 8: Bangladesh Real Estate Directory (BD-RED) starts its four-day housing fair at Chittagong from October 12 at the Institution of Engineers compound in the city. Organisers disclosed this at a press conference at a hotel in...

Prof MR Khan's wife dies

2011-10-09 00:00:00

Anwara Khan, wife of noted child specialist and National Prof Dr MR Khan, died of old-age complications in the city's Central Hospital at 9:10am Saturday. She was 77, reports BSS. Mrs Khan left behind her only daughter and husband and...

4 Indians still 'missing' in Sylhet

2011-10-09 00:00:00

SYLHET, Oct 8 (bdnews24.com): Authorities of a private medical college in Sylhet have said that one of their teachers, who was 'missing' since Thursday, has returned. North East Medical College authorities filed a general diary with Dakkhin Surma police after...