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17 LDP men sent to jail in a murder case

2011-05-23 00:00:00

Our CorrespondentCHITTAGONG, May 22: A Chittagong court has sent 17 leaders and activists of LDP including upazila chairman of Chandanaish to jail as they surrendered in a murder case. The lawyers of the accused prayed for their bail but the...

Govt's plan to take over Dhaka Vegetables Oil in a bid

2011-05-23 00:00:00

Asaduzzaman PallabThe government is planning to take over Dhaka Vegetables Oil in a bid to stabilise the soybean market by terminating the recent rampant price hike of the product. Currently owned by a private entrepreneur, Dhaka Vegetables has been shut...

WB to provide $120m for developing economic zones

2011-05-23 00:00:00

FE ReportThe World Bank (WB) signed Sunday a US$ 120 million credit agreement with the government to facilitate investment to set up economic zones (EZs) for the emerging manufacturing and services sectors to boost the economy and create more jobs....

Growth eyed in Indian mobile banking sector

2011-05-23 00:00:00

MUMBAI, May 22 (AFP): Hundreds of millions of poor Indians who have no access to financial services could benefit from mobile banking, experts say, as cell phone use grows at breakneck pace. Banking by phone could transform the workings of...

Mild inflation may be long-term trend in China: Economists

2011-05-23 00:00:00

BEIJING, May 22 (Xinhua): Taming China's inflation has topped media headlines over the past months. However, economists said instead of coming down, mild inflation would accompany China for a relatively long period of time. China's inflation stayed stubbornly high in...

France expands restrictions on use of water

2011-05-23 00:00:00

PARIS, May 22 (Bloomberg): French authorities widened water-use restrictions to 42 of France's 96 mainland departments as drought conditions persisted in the country, the European Union's largest agricultural producer. The number of departments in France with limits and bans on...

India fines Coca-Cola $110

2011-05-23 00:00:00

NEW DELHI, May 22 (AFP): An Indian consumer complaints court has fined Coca-Cola $110 after a businessman said he felt humiliated when he served clients a fizzy soft drink and found a dead fly inside the bottle. Mohan Lal, a...

China to ease trade bans on Japan imports

2011-05-23 00:00:00

TOKYO, May 22 (AFP): Chinese Prime Minister Wen Jiabao Sunday said Beijing would ease some bans imposed on Japanese food imports after the March 11 quake and tsunami, as a three-way summit with South Korea got under way. The meetings...

News Briefing

2011-05-23 00:00:00

Reliance Industries targets $1.5b overseas loans MUMBAI, May 22: Reliance Industries Ltd (RIL), India's largest company by market value, is in talks with banks to arrange as much as $1.5 billion in dollar-denominated loans, according to two people familiar with...

UGC asked to strengthen monitoring to ensure quality higher edn

2011-05-23 00:00:00

President M Zillur Rahman has laid emphasis on ensuring quality higher education at minimum cost especially at private universities. The President made the observation when newly appointed chairman of the University Grants Commission (UGC) Prof AK Azad Chowdhury called on...

Deep convection taking place over North Bay

2011-05-23 00:00:00

Deep convection is taking place over North Bay, a Met Office weather bulletin said Sunday, reports BSS. Squally weather may continue over North Bay and adjoining coastal areas of Bangladesh. Maritime ports of Chittagong, Cox's Bazar and Mongla have been...

UPDF leader's body recovered .

2011-05-23 00:00:00

RANGAMATI, May 22 (bdnews24.com): Police have recovered the body of UPDF leader Animesh Chakma, who was killed in a gunfight at Barkal Saturday. Barkal police Sub-Inspector Mohammad Idris said they had recovered the body from Kaptai Lake, adjacent to the...

Indefinite transport strike begins in 4 southern districts

2011-05-23 00:00:00

BAGERHAT, May 22 (UNB): Inter-district transport owners' association and transport workers' union jointly started an indefinite strike on all routes in four southern districts of the country from Sunday morning demanding ban on plying of illegal vehicles like Nosiman and...

17 LDP men sent to jail in a murder case

2011-05-23 00:00:00

Our CorrespondentCHITTAGONG, May 22: A Chittagong court has sent 17 leaders and activists of LDP including upazila chairman of Chandanaish to jail as they surrendered in a murder case. The lawyers of the accused prayed for their bail but the...

Govt's plan to take over Dhaka Vegetables Oil in a bid

2011-05-23 00:00:00

Asaduzzaman PallabThe government is planning to take over Dhaka Vegetables Oil in a bid to stabilise the soybean market by terminating the recent rampant price hike of the product. Currently owned by a private entrepreneur, Dhaka Vegetables has been shut...

'Give priority to underprivileged in preparation of budget'

2011-05-23 00:00:00

FE ReportAn alliance of 22 non-government organisations (NGOs) Sunday urged the government to give priority to the underprivileged people during preparation of the upcoming budget. They made the demand at a press conference at the National Press Club in the...

South Korea's Daelim wins $750m Saudi plant deal

2011-05-23 00:00:00

RIYADH, May 22 Reuters): South Korea's Daelim has won a contract to build a $750 million petrochemical plant for Saudi Arabia's Sahara Petrochemicals Co , the Saudi firm said on Saturday. The project is a joint venture between Sahara and...

Dutch Trade Fair-2011 begins from Oct 27

2011-05-23 00:00:00

FE ReportA three-day Dutch Trade Fair 2011 will begin on October 27 at the Ballroom of Pan Pacific Sonargaon Hotel in the city with a view to increase the bilateral trade between Bangladesh and Netherlands. Dutch-Bangla Chamber of Commerce and...

AirAsia could sign major deal to buy A320 aircraft soon

2011-05-23 00:00:00

BARCELONA, May 22 (Reuters): AirAsia could sign a major deal to buy revamped Airbus A320 aircraft soon, its chief executive told the agency Saturday. "If a deal is going to be done, it will be imminent, I think," said AirAsia...

Hyundai, Kia production disrupted due to strike at supplier

2011-05-23 00:00:00

SEOUL, May 22 (Reuters): South Korea's Hyundai Motor and its affiliate Kia Motors said Sunday that they suffered from a production disruption of some of its SUV models after a labour strike at one of its suppliers led to a...

Tata Group hints at entering energy research, clinical labs

2011-05-23 00:00:00

MUMBAI, May 22 (PTI): The salt-to-software Tata Group is keen to make a foray into newer technology-driven businesses such as alternate energy research and clinical diagnostics, a top executive has said. To begin with, the USD 72-billion Group is keenly...

India, Africa hold summit to boost trade

2011-05-23 00:00:00

NAIROBI, May 22 (AFP): India will seek to expand its economic footprint in Africa, where rival China has made major inroads, at a second summit between the southeast Asian powerhouse and African nations this week. Indian Prime Minister Manmohan Singh...

UGC asked to strengthen monitoring to ensure quality higher edn

2011-05-23 00:00:00

President M Zillur Rahman has laid emphasis on ensuring quality higher education at minimum cost especially at private universities. The President made the observation when newly appointed chairman of the University Grants Commission (UGC) Prof AK Azad Chowdhury called on...

Deep convection taking place over North Bay

2011-05-23 00:00:00

Deep convection is taking place over North Bay, a Met Office weather bulletin said Sunday, reports BSS. Squally weather may continue over North Bay and adjoining coastal areas of Bangladesh. Maritime ports of Chittagong, Cox's Bazar and Mongla have been...

UPDF leader's body recovered .

2011-05-23 00:00:00

RANGAMATI, May 22 (bdnews24.com): Police have recovered the body of UPDF leader Animesh Chakma, who was killed in a gunfight at Barkal Saturday. Barkal police Sub-Inspector Mohammad Idris said they had recovered the body from Kaptai Lake, adjacent to the...

Indefinite transport strike begins in 4 southern districts

2011-05-23 00:00:00

BAGERHAT, May 22 (UNB): Inter-district transport owners' association and transport workers' union jointly started an indefinite strike on all routes in four southern districts of the country from Sunday morning demanding ban on plying of illegal vehicles like Nosiman and...

17 LDP men sent to jail in a murder case

2011-05-23 00:00:00

Our CorrespondentCHITTAGONG, May 22: A Chittagong court has sent 17 leaders and activists of LDP including upazila chairman of Chandanaish to jail as they surrendered in a murder case. The lawyers of the accused prayed for their bail but the...

Govt's plan to take over Dhaka Vegetables Oil in a bid

2011-05-23 00:00:00

Asaduzzaman PallabThe government is planning to take over Dhaka Vegetables Oil in a bid to stabilise the soybean market by terminating the recent rampant price hike of the product. Currently owned by a private entrepreneur, Dhaka Vegetables has been shut...

Record jute production likely in N-region

2011-05-23 00:00:00

RANGPUR, May 22 (BSS): Officials, experts and farmers are expecting a record jute production, as jute was cultivated 4.5 per cent more than the fixed target in the country's northern region this season. Officials at the Department of Agriculture Extension...

Kalabari farmers cashing in on watermelons

2011-05-23 00:00:00

Our CorrespondentGOPALGANJ, May 22: Watermelon cultivation has changed the economic condition of Kalabari farmers in Kotalipara of Gopalganj district, following a very successful production, of it. Cultivation has been the main lifeline for the farmers here for ages as the...