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Corn costs rising in Japan***

2011-05-20 00:00:00

TOKYO, May 19 (Bloomberg): Corn costs in Japan, the biggest importer, are rising after shipping fees increased because of concern over nuclear radiation, boosting expenses at animal-feed makers and potentially helping meat sales by Tyson Foods Inc (TSN). Importers need...

Pakistan PM asks for China energy investment

2011-05-20 00:00:00

BEIJING, May 19 (AFP): Pakistan's prime minister Thursday called on Chinese firms to invest in his country's energy sector, in a bid to boost a moribund economy hit by massive floods last year and weak Western investment. "There is great...

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...

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...

$137.6m financing deal with WB Sunday

2011-05-20 00:00:00

The government will sign a financing agreement with the World Bank (WB) Sunday for an amount of $137.60 million to facilitate investment in growth centres for value addition and job creation in the Bangladesh economy, reports UNB. Under the agreement,...

China warns importers about low-quality Indian iron ore

2011-05-20 00:00:00

BEIJING, May 19 (Reuters): Chinese importers need to pay more attention to the quality of Indian iron ore after an inspection revealed that more than a third of deliveries to a key eastern province were substandard, the country's quality watchdog...

US presses green growth in Asia

2011-05-20 00:00:00

BIG SKY, Montana, May 19 (AFP): Warning that the era of cheap fuel was over, the United States yesterday called for Pacific Rim economies to knock down trade barriers to spur growth in clean energy. President Barack Obama's administration, which...

UK retail sales rise more than forecast

2011-05-20 00:00:00

LONDON, May 19 (Bloomberg): UK retail sales rose more than economists forecast in April as warm weather and the extra bank holiday for the Royal Wedding boosted consumer spending. Sales including auto fuel climbed 1.1 per cent from March, when...

India poised for $5b wave of PE exits from real estate

2011-05-20 00:00:00

MUMBAI, May 19 (Reuters): Private equity investors are poised to exit roughly $5 billion worth of Indian real estate investments in the next two or three years, a Nomura report said, adding pressure to a sector struggling with access to...

Russian region issues ration coupons for petrol

2011-05-20 00:00:00

MOSCOW, May 19 (AFP): Russia's Tuva region introduced ration coupons, an instrument last used under Soviet rule, for petrol due to severe shortage of fuel despite Moscow slapping a ban on exports, Ria Novosti reported. Authorities in the Siberian region...

Japan's Takeda to buy Swiss drugmaker for $13.6b

2011-05-20 00:00:00

TOKYO, May 19 (AFP): Japan's Takeda Pharmaceutical said today it reached a 9.6 billion euro ($13.6 billion) deal to buy Swiss drugmaker Nycomed in what would be one of the biggest overseas acquisitions by a Japanese firm. Takeda said it...

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...

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...

Homicides assume alarming proportions in Rangpur

2011-05-20 00:00:00

Our Correspondent RANGPUR, May 19: At least 41 murders and over 80 unnatural deaths were recorded in the last four months in 8 upazilas of Rangpur district, much to the concern of the people of the region. Within a span...

Baby killed by relatives, two held in Sherpur

2011-05-20 00:00:00

SHERPUR, May 19 (UNB) : A two and a half years old baby was killed allegedly by her relatives at Charbabna Ghunapara village in Sadar Upazila early Wednesday. Victim's father Saiful Islam said Alam Mia, husband of his elder sister...

Jessore investors dismayed at fall in stocks

2011-05-20 00:00:00

Our Correspondent JESSORE, May 19: Over 13, 000 investors of two brokerage houses here have become disheartened again as the DSE index showed issues of 153 categories out of 250 declined sharply on Wednesday. Issues of only 87 categories advanced...

Summer tomato farming in Barind area undertaken

2011-05-20 00:00:00

RAJSHAHI, May 19 (BSS): The Department of Agriculture Extension (DAE) has launched the cultivation process of summer tomato on the dried Barind land for the first time creating a high hope among the farmers alongside others concerned. According to sources...

More jute cultivated in Narsingdi this year

2011-05-20 00:00:00

NARSINGDI, May 19 (BSS): Farmers of the district have cultivated jute on 20 percent more land this time than the previous year. DAE sources said the farmers during the last couple of years lost their interest in jute cultivation as...

Dacoits kill one in Bandarban

2011-05-20 00:00:00

BANDARBAN, May 19 (BSS): Dacoits shoot a man and injured a woman by sharp weapon at Poleng Mro para in Thanchi Upazila of the district in the early hours today. Police and eyewitnesses said, a group of dacoits entered the...

4 arrested with drugs in Chandpur

2011-05-20 00:00:00

CHANDPUR, May 19 (UNB) : DB police in separate drives arrested four people along with drugs in the district town Wednesday and Tuesday. The arrestees were identified as Selim Soiyal, Ruma Akter, Mokhles Bhuiyan and Abdus Sattar. DB police said...

Farmers expecting bumper off-season mugbean

2011-05-20 00:00:00

RANGPUR, May 19 (BSS): The farmers are expecting bumper production of the off-season mugbean as an additional cash crop as its harvest continues in full swing in Rangpur division, officials and experts said today. The farmers are happy getting excellent...

News in brief

2011-05-20 00:00:00

Five guns recovered RAB personnel seized five pipe guns from an abandoned house in South Surma area of the Sylhet city on Wednesday night.RAB-9 sources said on secret information they launched a drive and recovered five homemade pipe-guns from the...