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Strauss-Kahn quits IMF

2011-05-20 00:00:00

Fazle Rashid NEW YORK, May 19: Dominique Strauss-Kahn, beleagured Managing Director of the International Monetary Fund (IMF) resigned yesterday amid growing accusation that he is hurting the institution. "It is with infinite sadness that I feel compelled to present to...

Mamata to be sworn in as West Bengal CM today

2011-05-20 00:00:00

Mamata Banerjee is to be sworn in as the first woman Chief Minister(CM) of West Bengal on Friday. Some 43 ministers will also take their oath. Mamata Banerjee on Thursday resigned as the Union Minister of Railways and Mukul Roy...

Khaleda meets British FM

2011-05-20 00:00:00

LONDON, May 19: The BNP Chairperson Khaleda Zia spent a busy day holding meetings with several ruling party leaders of the UK Wednesday. During the meetings with Parliamentary Human Rights Group Vice-Chairman Lord Avebury at the House of Lords and...

Increase of tax on tobacco demanded*****

2011-05-20 00:00:00

Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...

B'desh embassy 'Open House' event draws visitors

2011-05-20 00:00:00

A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...

Move to amend Arbitration Act

2011-05-20 00:00:00

FE ReportThe government has moved to amend the decade-old Arbitration Act in an effort to resolve the growing number of domestic and international commercial disputes, a senior official said. "These changes will give Bangladesh a facelift as an attractive place...

Bike makers dispute govt's export stats

2011-05-20 00:00:00

Monira MunniBicycle manufacturers have sharply disputed the government figures on bike exports, which show that the shipment has fallen by a staggering 13 per cent in the ten months of the current fiscal year. The Export Promotion Bureau (EPB) said...

BD co signs land-lease deal with Tanzania next week

2011-05-20 00:00:00

Bhatibangla Agrotech, a local private sector company, is going to sign a land-lease deal with Tanzania next week to produce crops in the East African country, reports bdnews24.com. "We're going to submit our proposal and working plan to Tanzania Agriculture...

RMG export to new destinations records 200pc rise

2011-05-20 00:00:00

The country witnessed over 200 per cent growth in the export of readymade garments (RMG) to 11 new destinations in the first eight months of the current fiscal, BGMEA sources said. The new destinations are South Africa, Brazil, Australia, Japan,...

Robi sponsors FLB programme

2011-05-20 00:00:00

Robi Axiata Limited, a mobile phone company, has sponsored the Nationwide Talent Search Programme titled Future Leaders of Bangladesh (FLB). Bangladesh Enterprise of Education and Technology (BEeduTech) Solutions, under its Pipilika brand, along with Prothom-alo jobs and BRAC University is...

Workshop on CSR Engineers, Manufacturers held

2011-05-20 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI), GIZ and Reed Consulting (BD) Limited jointly organised a training workshop on CSR Engineers and Manufacturers in the city Thursday, said a press release. The workshop stressed on the issues like CSR...

BFA elects new chair***

2011-05-20 00:00:00

Mr Kamrul Ashraf Khan has been elected chairman of the Bangladesh Fertiliser Association (BFA) for 2011-13 term, said a press release. The election was held in the city Thursday. Earlier, a 33-member executive committee was elected through an election Wednesday....

Banglalink launches Grandmaster idea contest

2011-05-20 00:00:00

Banglalink, a mobile phone operator, has initiated Banglalink Grandmaster idea contest- for making a difference. The competition was launched through a press conference in the city Thursday. The competition is an idea generation contest among university students. The idea behind...

Strauss-Kahn quits IMF

2011-05-20 00:00:00

Fazle Rashid NEW YORK, May 19: Dominique Strauss-Kahn, beleagured Managing Director of the International Monetary Fund (IMF) resigned yesterday amid growing accusation that he is hurting the institution. "It is with infinite sadness that I feel compelled to present to...

Mamata to be sworn in as West Bengal CM today

2011-05-20 00:00:00

Mamata Banerjee is to be sworn in as the first woman Chief Minister(CM) of West Bengal on Friday. Some 43 ministers will also take their oath. Mamata Banerjee on Thursday resigned as the Union Minister of Railways and Mukul Roy...

Khaleda meets British FM

2011-05-20 00:00:00

LONDON, May 19: The BNP Chairperson Khaleda Zia spent a busy day holding meetings with several ruling party leaders of the UK Wednesday. During the meetings with Parliamentary Human Rights Group Vice-Chairman Lord Avebury at the House of Lords and...

Increase of tax on tobacco demanded*****

2011-05-20 00:00:00

Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...

B'desh embassy 'Open House' event draws visitors

2011-05-20 00:00:00

A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...

China Mobile seeks buying opportunities in emerging markets*****

2011-05-20 00:00:00

HONG KONG, May 19 (Reuters): China Mobile Ltd, the world's largest mobile operator by market value, is seeking acquisition opportunities in emerging markets such as Myanmar to expand its foothold overseas, its chairman said Thursday. The dominant mobile carrier in...

Lakshmi Vilas Bank FY11 net profit jumps 230pc

2011-05-20 00:00:00

MUMBAI, May 19 (Business Standard): Lakshmi Vilas Bank (LVB), a fast-growing private sector bank has posted a net profit of Rs 1.01 billion for FY11, an increase of 230 per cent as compared to Rs 300.67 million for FY10. The...

JAL posts $2.3b annual operating profit***

2011-05-20 00:00:00

TOKYO, May 19 (AFP): Japan Airlines (JAL) said Wednesday that its annual operating profit reached $2.3 billion, more than a year after its spectacular collapse prompted a government bailout. JAL, which recently completed bankruptcy proceedings, said operating profit for the...

Target beats estimates on credit cards business****

2011-05-20 00:00:00

CHICAGO, May 19 (Reuters): Target Corp posted a bigger-than-expected rise in quarterly profit Wednesday, as soaring profitability in its credit card business mitigated the impact of some sluggish sales at its stores. Shoppers visited the discount chain for food and...

Korea-Sindh Investment Board sign MoU to boost exports

2011-05-20 00:00:00

KARACHI, May 19 (PPI): Sindh Investment Board and Korean Importers Association have signed a memorandum of understanding (MoU) to boost exports from the Sindh province. The MoU was signed by Secretary Investment of Sindh, Younus Dhaga on behalf of Sindh...

India, Africa eye closer tie amid fast dev of trade flow

2011-05-20 00:00:00

ADDIS ABABA, May 19 (Xinhua): India and Africa have eyed closer relations ahead of the upcoming five-day second India-Africa Form Summit starting Friday as the economic and trade flows between them are gaining momentum. Statistics show that the bilateral trade...

Asia, LatAm markets key to GCC hotel groups' growth*****

2011-05-20 00:00:00

DUBAI, May 19 (Arabian Business.com): Senior hotel officials in the Gulf Cooperation Council (GCC) region have identified markets in Asia and South America as key drivers for growth in the future. China, India and Brazil were named among target markets...

Asian Tiger Capital Partners market update on DSE****

2011-05-20 00:00:00

The Benchmark General Index DGEN retraced back by 0.74% to end in the red zone on the last trading day of the week. Market was in downtrend throughout the session with some short-lived upward swing at various points in time....

Strauss-Kahn quits IMF

2011-05-20 00:00:00

Fazle Rashid NEW YORK, May 19: Dominique Strauss-Kahn, beleagured Managing Director of the International Monetary Fund (IMF) resigned yesterday amid growing accusation that he is hurting the institution. "It is with infinite sadness that I feel compelled to present to...

Mamata to be sworn in as West Bengal CM today

2011-05-20 00:00:00

Mamata Banerjee is to be sworn in as the first woman Chief Minister(CM) of West Bengal on Friday. Some 43 ministers will also take their oath. Mamata Banerjee on Thursday resigned as the Union Minister of Railways and Mukul Roy...

Khaleda meets British FM

2011-05-20 00:00:00

LONDON, May 19: The BNP Chairperson Khaleda Zia spent a busy day holding meetings with several ruling party leaders of the UK Wednesday. During the meetings with Parliamentary Human Rights Group Vice-Chairman Lord Avebury at the House of Lords and...

Increase of tax on tobacco demanded*****

2011-05-20 00:00:00

Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...