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Padma Bridge to have single track broad-gauge line

2011-05-21 00:00:00

FHM Humayan KabirInvestment in the Padma Bridge construction is going to be swelled further as nearly half a billion dollars' worth railway track will be set up for completing full-fledged rail-cum-road facilities on the massive structure by 2014, officials said....

News Watch

2011-05-21 00:00:00

JS goes into session Sunday Parliament goes into its ninth session tomorrow (Sunday), most likely without the opposition. The eighth session of the ninth parliament was prorogued on March 24. The special committee on constitution amendment is likely to place...

weather

2011-05-21 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...

$23m ADB for Dhaka to boost regional links

2011-05-21 00:00:00

The Asian Development Bank (ADB) has pledged to provide $23 million to Bangladesh as a technical assistance loan for the proposed Sub-regional Transport Project Preparatory Facility, reports UNB. The proposed technical assistance loan will enable the facility to prepare a...

Ban on rickshaw causes sufferings to commuters

2011-05-21 00:00:00

In a bid to ease traffic congestion, the government has imposed ban on plying of rickshaws on different streets in the city that caused immense sufferings to the common people in absence of alternative transport facilities, reports UNB. Recently, Dhaka...

Speedy trial of war criminals demanded

2011-05-21 00:00:00

Our CorrespondentCHITTAGONG, May 20: Abar 71: Torun Mukti Shena Camp 2011 today organised a public opinion campaign through rickshaw rally to create awareness among the juvenile demanding quick start of the trial of war criminals. The rally was brought out...

16 students of DU get Dean's Award

2011-05-21 00:00:00

Sixteen Students of Social Science Faculty received Dhaka University (DU) Dean's Award for their outstanding results in the BSS (Hons), Master of Population Sciences (MPS) and Master of Development Studies (MDS) examinations, reports BSS. The students were given the awards...

Minimum fare at Tk 35 of CNG auto-rickshaw demanded

2011-05-21 00:00:00

Our CorrespondentCHITTAGONG, May 20: CNG auto-rickshaw drivers have demanded minimum fare to be fixed at Tk 35 instead of Tk 25 recently announced by the government. The drivers formed a human chain and organised a brief rally in front of...

18000 pieces Yaba tablets seized, one held

2011-05-21 00:00:00

Rapid Action Battalion (RAB) Thursday night arrested an alleged drug trader from city's Uttara and seized around 18,000 pieces of Yaba tablets from his possession, reports UNB. Acting on a tip-off, a joint team comprising members of RAB-1 and department...

252 held, contraband goods seized

2011-05-21 00:00:00

RANGPUR, May 20 (BSS): Police, in separate drives, arrested 252 persons and seized contraband goods from different places in the district during the last 72 hours until this noon, police sources said. The arrested persons include black marketers, smugglers, absconding...

News Watch

2011-05-21 00:00:00

JS goes into session Sunday Parliament goes into its ninth session tomorrow (Sunday), most likely without the opposition. The eighth session of the ninth parliament was prorogued on March 24. The special committee on constitution amendment is likely to place...

weather

2011-05-21 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...

China strengthens grip over rare earths market

2011-05-21 00:00:00

BEIJING, May 20 (AFP): China has further tightened its grip on the rare earths market, raising taxes on the minerals vital to high-tech industry and banning new projects to produce the metals via separation. The state council, China's cabinet, also...

Private hospital market to touch $54b by 2014

2011-05-21 00:00:00

NEW DELHI, May 20 (PTI): The size of the Indian private hospitals market is expected to touch $54 billion by 2014, industry body Assocham today said. "Rising income levels and exposure to international standards of quality have led to increasing...

Japan ready for talks on EU free trade deal**

2011-05-21 00:00:00

TOKYO, May 20 (AFP): Japan wants to start talks on an EU-Japan free trade deal to link the world's third largest economy and the leading global market, a news report said Friday. Prime Minister Naoto Kan told his cabinet ministers...

ICICI Bank raises $1 billion from overseas market

2011-05-21 00:00:00

NEW DELHI, May 20 (PTI): ICICI Bank today said it has raised USD one billion (about Rs 45.0 billion) through bonds from overseas market. The 5.5 year fixed rate note carry a coupon of 4.75 per cent, ICICI Bank said...

Dubai firm keen to bring Brazilian drink to Mideast

2011-05-21 00:00:00

DUBAI, May 20 (Arabian Business.com): Beverage company is keen to set up a joint venture with the producer of a popular Brazilian soft drink to bring it to the Middle East. Raheb Industrial Group said it wants to set up...

Pak-China trade to hit $15b in two years

2011-05-21 00:00:00

BEIJING, May 20 (Xinhuanet): Pakistan and China should put more emphasis on economic cooperation while maintaining the all-dimensional relationship, Pakistani Prime Minister Yousuf Raza Gilani said here Friday. During an exclusive interview with Xinhuanet, Gilani expressed that in light of...

EBRD raises 2011 growth forecast, warns of risks

2011-05-21 00:00:00

ASTANA, May 20 (AFP): The European Bank for Reconstruction and Development (EBRD) Friday raised the growth outlook for its region but warned of mounting concerns associated with European sovereign debt problems. The EBRD said it was raising its 2011 growth...

Siemens to review mooted project with Rosatom

2011-05-21 00:00:00

MUNICH, May 20 (AFP): German industrial group Siemens said Friday that it would review a nuclear alliance with Russian partner Rosatom after a court told Siemens it could not compete with former French ally Areva. "We are going to study...

weather

2011-05-21 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...

JBC introduces online system

2011-05-21 00:00:00

Talha Bin Habib State-owned life insurance company 'Jiban Bima Corporation' (JBC) has introduced online system to provide smooth and faster services to its valued clients, officials said. The software that performs all the activities of JBC through online system is...

Govt to import sugar before Ramadan

2011-05-21 00:00:00

Asaduzzaman PallabState-run Sugar and Food Industries Corporation (BSFIC) has started the process of importing sugar to help stablise the price of the essential commodity in the domestic market during the month of Ramadan. The corporation will procure around 200,000 tonnes...

Fish, vegetables dearer, rice steady

2011-05-21 00:00:00

FE ReportPrices of fish and vegetables increased in the city's kitchen markets, although those of rice, spices and sugar remained stable, traders said Friday. Rice prices started cooling off in the city's kitchen markets and remained steady last week as...

Persona Adams opens outlet in Banani

2011-05-21 00:00:00

FE ReportPersona Adams, a leading beauty care saloon for men, opened its fourth outlet "Persona Adams: Exclusive Men's Spa Saloon" at Banani in the city Friday. Magician Jewel Aich inaugurated the beauty saloon while beauty icon Sharmin Lucky, director Salauddin...

Australian powdered milk 'Milkland' to be promoted in Bangladesh

2011-05-21 00:00:00

The Bangladesh-based promotional activities of internationally acclaimed Australian powdered milk brand 'Milkland' are going to be handled by renowned local advertising agency Mediacom Ltd, says a press release. Recently a deal has been signed towards this purpose between Safija International...

May 15th- May 19th, 2011

2011-05-21 00:00:00

Bangladesh received US$ 976.14 million as inward remittances in April, comparing a record amount of US$ 1.10 billion in March, 2011. In last week, with the decreasing inflows and increasing import payments, the local currency felt more pressure against green...

Corporate Watch

2011-05-21 00:00:00

Mitsui to boost Brazil soybean exports by 50pc TOKYO, May 20 : Mitsui and Company plans to boost soybean exports at its Brazilian unit by 50 per cent in the next five years as Japan's second-largest trading company seeks to...

Siemens to review mooted project with Rosatom

2011-05-21 00:00:00

MUNICH, May 20 (AFP): German industrial group Siemens said Friday that it would review a nuclear alliance with Russian partner Rosatom after a court told Siemens it could not compete with former French ally Areva. "We are going to study...

weather

2011-05-21 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...