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Clijsters set to play in French Open******

2011-05-18 00:00:00

BRUSSELS, May 17 (AFP): Belgium's Kim Clijsters has confirmed that she will take part in the French Open which gets underway at Roland Garros here Sunday, despite being out of action for six weeks. "I am very happy to be...

Japan withdraw from Copa America

2011-05-18 00:00:00

TOKYO, May 17 (AFP): Japan said Tuesday it had scrapped plans to play in the prestigious Copa America football tournament after initially deciding to compete in the wake of the devastating March 11 quake and tsunami. "We are sorry to...

'No need to fear' floating yuan, says Chinese forex regulator

2011-05-18 00:00:00

SHANGHAI, May 17 (AFP): China has "no need to fear" allowing its yuan currency exchange rate to float freely, a senior foreign exchange regulator said Tuesday. China should improve its exchange rate regime by making the yuan more flexible and...

Russia-Brazil trade up 28pc

2011-05-18 00:00:00

MOSCOW, May 17: Trade between Russia and Brazil grew 28 percent last year, laying a good foundation for bilateral cooperation, Russian Prime Minister Vladimir Putin told Brazilian Vice President Michel Temer here Tuesday. "Brazil is one of our strategic partners...

Rare pink diamond on auction in Switzerland

2011-05-18 00:00:00

GENEVA, May 17: A rare translucent pink diamond worth millions of euros goes on auction in Switzerland Tuesday in a highlight of a sale of fine jewellery, Sotheby's auctioneers said. The pure colour of the diamond, mounted in a ring,...

UNWTO to provide all possible support for tourism

2011-05-18 00:00:00

The United Nations World Tourism Organisation (UNWTO) will provide all possible support for flourishing tourism in Bangladesh as the country can use tourism as one of its major tools to cut poverty, reports BSS. "UNWTO secretary-general assured me that his...

Increase of tax on tobacco demanded*****

2011-05-18 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

2011-05-18 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...

Asian shares mixed on Wall St, Europe fears

2011-05-18 00:00:00

HONG KONG, May 17 (AFP): A limp performance from Wall Street and continuing disquiet over European debt woes combined Tuesday to produce a mixed performance on Asian stock markets. Policymakers continued their debate on how to rescue debt-swamped eurozone economies,...

Etihad Airways honours travel agencies

2011-05-18 00:00:00

FE ReportEtihad Airways, the national airline of the United Arab Emirates, paid tribute to the airline's top performing travel agencies in Bangladesh at Etihad Agents' Award Night 2011 in the city recently. The award ceremony also marked the 5th anniversary...

Sensex at 8-week low as SBI, ONGC slide

2011-05-18 00:00:00

MUMBAI, May 17 (Economic Times): Indian shares fell 1.1 on Tuesday to their lowest close in eight weeks after the country's largest lender posted an unexpected slump in quarterly profit, spooking investor confidence that has been hobbled by rising interest...

Cos disclose Q1 accounts

2011-05-18 00:00:00

BEXIMCO: As per un-audited quarterly accounts for the 1st quarter that ended on March 31, 2011 (Jan'11 to March'11), BEXIMCO has stated net profit after tax of Tk 1,302.46 million with basic EPS of Tk 7.87 as against Tk 966.91...

HP lowers estimates on consumers

2011-05-18 00:00:00

SAN FRANCISCO, May 17, (Bloomberg): Hewlett-Packard Co. (HPQ), the world's biggest personal-computer maker, forecast third-quarter profit that missed analysts' estimates after a slowdown in PC buying and reduced its full-year earnings projection. Excluding some items, earnings will be $1.08 a...

Wal-Mart Q1 profit rises on international******

2011-05-18 00:00:00

NEW YORK, May 17 (Bloomberg): Wal-Mart Stores Inc. (WMT), the world's largest retailer, posted a 3.8 percent gain in first-quarter profit, beating analysts' estimates as growth abroad helped make up for U.S. sales declines. Profit from continuing operations advanced to...

Japan withdraw from Copa America

2011-05-18 00:00:00

TOKYO, May 17 (AFP): Japan said Tuesday it had scrapped plans to play in the prestigious Copa America football tournament after initially deciding to compete in the wake of the devastating March 11 quake and tsunami. "We are sorry to...

'No need to fear' floating yuan, says Chinese forex regulator

2011-05-18 00:00:00

SHANGHAI, May 17 (AFP): China has "no need to fear" allowing its yuan currency exchange rate to float freely, a senior foreign exchange regulator said Tuesday. China should improve its exchange rate regime by making the yuan more flexible and...

Russia-Brazil trade up 28pc

2011-05-18 00:00:00

MOSCOW, May 17: Trade between Russia and Brazil grew 28 percent last year, laying a good foundation for bilateral cooperation, Russian Prime Minister Vladimir Putin told Brazilian Vice President Michel Temer here Tuesday. "Brazil is one of our strategic partners...

Rare pink diamond on auction in Switzerland

2011-05-18 00:00:00

GENEVA, May 17: A rare translucent pink diamond worth millions of euros goes on auction in Switzerland Tuesday in a highlight of a sale of fine jewellery, Sotheby's auctioneers said. The pure colour of the diamond, mounted in a ring,...

UNWTO to provide all possible support for tourism

2011-05-18 00:00:00

The United Nations World Tourism Organisation (UNWTO) will provide all possible support for flourishing tourism in Bangladesh as the country can use tourism as one of its major tools to cut poverty, reports BSS. "UNWTO secretary-general assured me that his...

Increase of tax on tobacco demanded*****

2011-05-18 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

2011-05-18 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...

Govt plans to overhaul GB

2011-05-18 00:00:00

Nazmul AhsanThe government has planned to raise its stake in the Grameen Bank and establish control over its lucrative sister firms in a move that will transform the Nobel winning micro-lender into another state-owned bank. The finance ministry has outlined...

Renewal of promises amid scepticism about actions

2011-05-18 00:00:00

Moazzem Hossain back from Istanbul On both trade and aid counts, the least developed countries (LDCs) have got, what can at best be termed, a 'doable' deal, in terms of fresh commitments particularly by the development partners, in last week's...

Govt spending for fuel import to double this yr

2011-05-18 00:00:00

M Azizur RahmanGovernment spending for fuel import will almost double to Tk 32 billion (US$4.57 billion) this year from Tk 16.50 billion ($2.35 billion), a top government official said. Due to the soaring oil prices in the international market over...

Bill Gates meets PM, wants to work with Bangladesh

2011-05-18 00:00:00

GENEVA, May 17 (BSS): William H (Bill) Gates, chairman of Microsoft Corporation and co-chair of Bill and Milinda Gates Foundation has highly praised Prime Minister Sheikh Hasina for her vision to build a digital Bangladesh. He has expressed keen interest...

Not an auspicious start

2011-05-18 00:00:00

Shamsul Huq Zahid The beginning of the controversial credit line of $ 1.0 billion, made available by India to Bangladesh to facilitate improved cross-border communications between the two neighbours, has not been auspicious. Disputes over sourcing of almost 100 per...

Non-stop strike at petrol pumps from May 22

2011-05-18 00:00:00

Petrol pump owners and tank-lorry workers called non-stop strike from May 22 to press for raising commission on the sales of fuel and implementation of other decisions earlier taken by the government, reports UNB. Bangladesh Petrol Pump Owners and Tank-Lorry...

Dhaka, Tokyo to sign deal on Padma Bridge loan today

2011-05-18 00:00:00

FHM Humayan KabirA deal on the much-talked about Japanese loan worth US$400 million for Padma Bridge construction will be signed today (Wednesday) as the Japan government yesterday approved the credit, official said. "The Japanese cabinet today morning approved the loan...

New CJ takes oath today

2011-05-18 00:00:00

Justice Md Mozzammel Hossain will be sworn in as the Chief Justice (CJ) of Bangladesh today (Wednesday). President Mohammad Zillur Rahman will administer the oath of office to him at the Darbar Hall of Bangabhaban at 10:30 am, a spokesperson...

Indo-Bangla joint land survey resumes today

2011-05-18 00:00:00

SYLHET, May 17: Bangladesh and India resumes today (Wednesday) land survey of disputed frontier of Jaintapur and Goainghat upazilas. Officials said the joint team had undertaken survey at Dibir Haor in Jaintapur and Padua in Goainghat Upazila twice in December...