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EU president calls for level playing field in commerce with China***

2011-05-18 00:00:00

BEIJING, May 17 (AP): The European Union (EU) president called Tuesday for a level playing field in commerce between China and Europe, warning the European public could turn to protectionism if they felt China wasn't playing fair. Herman Van Rompuy...

Beijing seeks to broaden trade in Brazil

2011-05-18 00:00:00

BRASILIA, May 17 (APP): Chinese Commerce Minister Chen Deming said Monday during a visit to Brazil that Chinese firms plan to broaden their investment in Latin America's biggest economy. During his meetings with Brazilian officials, they discussed replacing the US...

India PC market rises 6.2pc in Q1****

2011-05-18 00:00:00

MUMBAI, (Business Standard): The overall personal computer (including desktop and mobile PC) market in India totalled nearly 2.6 million units in the first quarter of 2011, a 6.2 per cent increase over the first quarter of 2010, said research firm...

Australia to set expected carbon tax price by July

2011-05-18 00:00:00

CANBERRA, May 17 (AP): A planned tax on carbon gas emitting industries in Australia would be far below a recommended price that might have forced polluters to switch to greener technology, the government said Tuesday. The still-undetermined starting tax, expected...

Drought worsens China power supply crunch*****

2011-05-18 00:00:00

SHANGHAI, May 17 (AP): Much of central China is enduring its worst energy crisis in years, with factories and residents facing power cuts as supply runs short of demand - a problem worsening as drought dries rivers, reducing hydroelectric capacity....

TCL Communication puts Taiwan listing plan on hold

2011-05-18 00:00:00

TAIPEI, May 17 (Reuters): Chinese handset maker TCL Communication Technology Holdings will put its Taiwan listing plan on hold amid recent poor market sentiment and may reduce the size of any offer, a company source told the reporter Tuesday. TCL...

Call to prepare people's participatory budget*****

2011-05-18 00:00:00

RAJSHAHI, May 17 (BSS): Speakers underlined the need for preparing people's participatory national budget for reflecting the hopes and aspirations of all. In this context, they viewed that making the budgetary process decentralized could be an effective means of attaining...

'History of War of Liberation would be destroyed if AL does not come to power'

2011-05-18 00:00:00

State Minister for Liberation War Affairs Captain (retd) AB Tajul Islam Tuesday said if Awami League (AL) does not come to power, the history of liberation war would be destroyed, reports BSS. "Every government after killing of Bangabandu distorted the...

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...

weather

2011-05-18 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Rajshahi, Rangpur, Khulna, Barisal, Chittagong and Sylhet divisions with moderately heavy falls at places in next 24 hours till 6.0 pm...

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...

Urea procurement set at 3m tonnes next fiscal

2011-05-18 00:00:00

Monira MunniThe government has targetted to procure 3.0 million tonnes of Urea fertiliser in the next fiscal year aiming to meet the requirement from both local and international sources, officials said. "The target is 0.2 million tonnes higher than the...

Natural rubber output may rise 4.6pc in India

2011-05-18 00:00:00

KOCHI, May 17 (Business Standard): The Rubber Board has projected an increase of 4.6 per cent in natural rubber (NR) output at 902,000 tonnes for the current financial year as against 861,950 tonnes in 2010-11. According to the board, total...

Oil steady ahead of US stocks data

2011-05-18 00:00:00

SINGAPORE, May 17 (Reuters): Brent oil hovered near $111 a barrel Tuesday as investors tread cautiously given debt issues in the euro zone and ahead of weekly US data expected to show builds in US crude and gasoline stocks. A...

India's seafood exports up 25pc in 2010-11

2011-05-18 00:00:00

NEW DELHI, May 17 (Economic Times): Seafood exports grew by an impressive 25.5 per cent year-on-year to US$ 2.6 billion in 2010-11, surpassing the target set by the government as shipments to European and Japanese markets improved. The target for...

Global coffee exports increase in FY11***

2011-05-18 00:00:00

NEW DELHI, May 17 (Business Standard): Global coffee exports increased by more than seven per cent to 101 million bags between April 2010 and March 2011, the highest level ever recorded, on the back of increased consumption and increased prices,...

Gold advances as physical purchases in London

2011-05-18 00:00:00

LONDON, May 17 (Bloomberg): Gold gained for the first time in three days in London as physical buying and concern about Europe's debt boosted demand for the metal. European finance officials endorsed a bailout for Portugal as Luxembourg Prime Minister...

Palm oil inches up on export recovery***

2011-05-18 00:00:00

KUALA LUMPUR, May 17 (Business Recorder): Malaysian crude palm oil future rose Monday in light trade with some investors buying on a survey showing a jump in exports and strong prices in competing soyoil markets. Traders eyed weather developments in...

'History of War of Liberation would be destroyed if AL does not come to power'

2011-05-18 00:00:00

State Minister for Liberation War Affairs Captain (retd) AB Tajul Islam Tuesday said if Awami League (AL) does not come to power, the history of liberation war would be destroyed, reports BSS. "Every government after killing of Bangabandu distorted the...

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...

weather

2011-05-18 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Rajshahi, Rangpur, Khulna, Barisal, Chittagong and Sylhet divisions with moderately heavy falls at places in next 24 hours till 6.0 pm...

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...

BNWCCI providing training to 300 rural woman artisans

2011-05-18 00:00:00

Sonia H MoniBangladesh Women Chamber of Commerce and Industry (BWCCI) is providing business training to 300 rural woman artisans to keep alive the area-based special traditional handicrafts in the country. BWCCI president Selima Ahmed told the FE: "We have taken...

Caltech pioneers inexpensive way to make metallic glass

2011-05-18 00:00:00

CALIFORNIA, May 17 (Commodity Online): The research team based at the University of California of USA have pioneered the development of the cutting edge technology of the damage tolerant metallic glass earlier this year. The scientists have definitely bettered themselves...

Honda, Nissan accelerate efforts to resume full output****

2011-05-18 00:00:00

TOKYO, May 17 (Reuters): Two of Japan's top automakers are trying to accelerate their efforts to resume full production, but said normal output is unlikely to happen until after the summer due to persistent shortages of parts. Employees at Nissan...

Rosneft mulls new partner as BP Arctic deal lapses

2011-05-18 00:00:00

MOSCOW, May 17 (AFP): Rosneft is reviewing potential new Western partners to look for oil in the Russian Arctic after its deal with BP lapsed without an agreement, a source at the state-held company said Tuesday. "Various partners have sent...