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Ford India to invest $72m in engine plant

2011-05-18 00:00:00

MUMBAI, May 17 (AFP): Ford India will invest $72 million to boost capacity at its local engine plant, the company said Tuesday, as it seeks to capture a bigger share of the country's surging market for cars. Ford plans to...

Guangdong to take lead in China's processing trade innovation

2011-05-18 00:00:00

BEIJING, May 17 (Xinhua): The General Administration of Customs and Guangdong Province signed a cooperation memorandum here Monday to build a demonstration region in Guangdong for upgrading the processing trade industry. Upgrading the processing trade is essential to deepening China's...

'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...

Plantation of Parija paddy nears completion

2011-05-18 00:00:00

RANGPUR, May 17 (BSS) : Plantation of off-season indigenous parija paddy seedlings is nearing completion in Rangpur division as its expanded farming began from this season to increase food production under adverse climatic conditions. After successful farming of the short...

Skill dev training for unemployed begins in Gaibandha

2011-05-18 00:00:00

GAIBANDHA, May 17 (BSS): A three-month skill development training on garments for the unemployed youths has at a training center of a local organisation at Nashratpur under Sadar Upazila in the district Sunday. Gana Unnayan Kendra (GUK) has arranged it...

Khulna urban poor get cash help from KCC

2011-05-18 00:00:00

Our CorrespondentKHULNA, May 17: KCC Mayor Talukder Abdul Khaleque said that Khulna City Corporation is working sincerely for the socio-economic development of the urban poor people. "The development of lifestyle of the urban poor people is the main aim through...

Call to raise tax on tobacco products

2011-05-18 00:00:00

BARISAL, May 17 (UNB) : A human chain was formed in the city Monday to raise awareness about harms caused in human body because of smoking and consumption of tobacco products. The anti-tobacco human chain was followed by a rally....

Rapist gets RI in Rajshahi

2011-05-18 00:00:00

RAJSHAHI, May 17 (BSS): A man has been sentenced to life imprisonment by a court here Monday on charge of raping a minor girl in the town year. Judge of the special tribunal for prevention of women and children repression...

Farmers happy over getting low cost water supply

2011-05-18 00:00:00

GAIBANDHA, May 17 (BSS): Farmers live in BMDA (Barind Multipurpose Development Authority) command areas in the district are happy getting irrigation facilities at low cost during the current season of Boro paddy. Office sources said over 5,000 hectares of land...

Guangdong to take lead in China's processing trade innovation

2011-05-18 00:00:00

BEIJING, May 17 (Xinhua): The General Administration of Customs and Guangdong Province signed a cooperation memorandum here Monday to build a demonstration region in Guangdong for upgrading the processing trade industry. Upgrading the processing trade is essential to deepening China's...

'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...

Private lenders make most of India's realty cash crunch

2011-05-18 00:00:00

BANGALORENEW DELHI, May 17 (Economic Times): Rajesh Mehta, India's biggest gems and jewellery exporter, has now turned the realty sector into his pot of gold. Since the middle of 2010, he has lent 3.80 billion to several medium and big...

Skill dev training for unemployed begins in Gaibandha

2011-05-18 00:00:00

GAIBANDHA, May 17 (BSS): A three-month skill development training on garments for the unemployed youths has at a training center of a local organisation at Nashratpur under Sadar Upazila in the district Sunday. Gana Unnayan Kendra (GUK) has arranged it...

news digest

2011-05-17 00:00:00

Post-vote riots killed 800 in Nigeria LAGOS, May 16: Three days of rioting linked to last month's presidential elections in Nigeria left at least 800 people dead, Human Rights Watch said on Monday. "Deadly election-related and communal violence in northern...

10 get RI in Jamalpur

2011-05-17 00:00:00

JAMALPUR, May 16 (UNB) : A court here Sunday convicted 10 people and sentenced them to life term imprisonment in a murder case and in another count seven years each in abduction case. The court also fined them Tk 10,000...

FDI, loans worth $85m okayed

2011-05-17 00:00:00

Five investment proposals totaling US$85.85 million were approved Monday by the 54th meeting of the Scrutiny Committee on Private Sector Investment under foreign loanssuppliers credits. Chaired by Bangladesh Bank (BB) Governor Dr Atiur Rahman, the meeting was also attended by...

Lafarge on spot trading

2011-05-17 00:00:00

Trading of the shares of Lafarge Surma Cement Ltd will be allowed only in the spot market and blockodd lot transactions will also be settled as per spot settlement cycle from tomorrow (Wednesday) to May 30. Trading of the shares...

Abducted college student rescued after 2 days

2011-05-17 00:00:00

KHULNA, May 16 (UNB): A college student and son of a Saudi expatriate abducted for ransom was rescued by RAB after two days from a house in Chanmari area in the city today. Ekramul Sheikh Prince, a first year student...

weather

2011-05-17 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

2011-05-17 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...