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Housewife throttled to death

2011-04-22 00:00:00

NOAKHALI, Apr 21 (UNB): A young housewife was strangled to death by her husband over dowry at Harinarainpur village in Sadar Upazila near the town Wednesday evening. The deceased was identified as Amena Begum (20), daughter of Abdul Mannan of...

SEC further extends time-limiton listing of MI Cement, MJL

2011-04-22 00:00:00

FE ReportThe securities regulator has attached conditions with the approval of fifty per cent convertible bond issue of Northern Power Solution Limited to raise capital base worth Tk 1.75 billion, officials said. It has also extended the timeframe for the...

Stocks close higher amid lower turnover******

2011-04-22 00:00:00

FE ReportDhaka stocks closed higher Thursday snapping fifth consecutive sessions of losses amid volatility with substantially low turnover as big investors remained inactive. The turnover stood at Tk 4.77 billion in value terms, down by 22.0 per cent, from Tk...

Prime Bank receives ISLQ Gold Award

2011-04-22 00:00:00

Prime Bank Limited received the International Star for Leadership in Quality (ISLQ) Award in the Gold category given by the Business Initiative Directions (BID). Managing Director of the Bank M. Ehsanul Haque received the ISLQ award from the President &...

HSBC home loan fair in Ctg starts

2011-04-22 00:00:00

Our CorrespondentCHITTAGONG, April 21: The Hongkong and Shanghai Banking Corporation (HSBC) Ltd launched a three day 'home loan fair', the first of its kind in Chittagong today. The fair was organized in association with some leading real estate companies at...

New MD & CEO of Siemens Bangladesh****

2011-04-22 00:00:00

FE ReportSiemens Bangladesh Ltd. (SBL) has recently appointed Mr. Shouvik Bhattacharya as its new Managing Director and Chief Executive Officer. He is succeeding Michael Schuermann who has completed his tenure in SBL and moved on to new responsibilities in Siemens...

Chairman of Marico due today******

2011-04-22 00:00:00

FE ReportHarsh C. Mariwala, Chairman of Marico Bangladesh Ltd, is scheduled to arrive in Dhaka today (Friday) on a 4-days visit. During his stay, Harsh, the President of Federation of Indian Chambers of Commerce & Industry (FICCI) will meet FBCCI...

Asian shares rise

2011-04-22 00:00:00

HONG KONG, Apr 21 (AFP): Asian stocks rallied for a second straight day on Thursday, with dealers buoyed by another batch of strong earnings in the United States and a jump on Wall Street to a near three-year high. Technology...

Qulkhwani

2011-04-22 00:00:00

Qulkhwani of Jahangir Jabbar, a former student leader of sixties and president of Bangladesh CoalCoke Importers Association and Sole Agent of Sika India Pvt Limited for Bangladesh, will be held after Asr prayer today (Friday) at his Banani residence in...

BGMEA opens Mahabub Ali Hall in own building

2011-04-22 00:00:00

Our CorrespondentCHITTAGONG, April 21: The BGMEA Chittagong region today opened its Mahabub Ali Hall at the BGMEA Bhaban at South Khulsi of the port city. President of the association of garments manufacturers and exporters Shafiul Islam Mohiuddin inaugurated the hall...

Housewife throttled to death

2011-04-22 00:00:00

NOAKHALI, Apr 21 (UNB): A young housewife was strangled to death by her husband over dowry at Harinarainpur village in Sadar Upazila near the town Wednesday evening. The deceased was identified as Amena Begum (20), daughter of Abdul Mannan of...

Women's economic empowerment to get priority in next budget: Muhith

2011-04-22 00:00:00

FE ReportFinance Minister AMA Muhith has said the upcoming fiscal budget will have special focus on women's economic empowerment. He said the government is actively considering giving special focus on gender budget as it has received enthusiasm in all related...

Thrust on skill development of ultra poor thru' training*****

2011-04-22 00:00:00

FE ReportSustainable development and food security of the ultra poor can be ensured if their skills can be developed through training, said experts at a programme Thursday. They also said quality of life of the ultra poor can be improved...

OECD halves Japan 2011 growth forecast to 0.8pc

2011-04-22 00:00:00

TOKYO, Apr 21 (AFP): The impact of last month's devastating quake-tsunami disaster will slash Japan's economic growth to 0.8 per cent this year, the OECD said Thursday, halving its earlier forecast of 1.7 per cent. But massive government and business...

Customs Commissionerate earns Tk 5.29b revenue in NW-region

2011-04-22 00:00:00

RAJSHAHI, Apr 21 (BSS): The Commissionerate of Customs, Excise and VAT earned revenue of Tk 5.29 billion from the country's northwestern region during the first nine months of the current fiscal. Officials said the revenue collection from the internal sources...

Pepsi inks deal for $60m Afghan bottling plant

2011-04-22 00:00:00

DUBAI, Apr 21 (AFP): PepsiCo has signed a deal with the Dubai-based Alokozay Group to set up a $60 million bottling plant in Kabul, Afghanistan, the company said in a statement Thursday. PepsiCo "signed an Exclusive Bottling Appointment (EBA) with...

2011 Doha trade deal in 'serious doubt': WTO chief

2011-04-22 00:00:00

GENEVA, Apr 21 (AFP): Getting a global free trade deal agreed in 2011 is in serious doubt as developed nations and emerging giants are locked in disagreements over industrial tariff cuts, the WTO head warned Thursday. "My frank assessment is...

News Briefing

2011-04-22 00:00:00

Qubee doubles internet speed Qubee, a broadband internet service provider through WiMAX technology, has doubled its internet speed. However, it would not charge any extra fee for that. The company made the declaration at a press conference at a city...

BGMEA opens Mahabub Ali Hall in own building

2011-04-22 00:00:00

Our CorrespondentCHITTAGONG, April 21: The BGMEA Chittagong region today opened its Mahabub Ali Hall at the BGMEA Bhaban at South Khulsi of the port city. President of the association of garments manufacturers and exporters Shafiul Islam Mohiuddin inaugurated the hall...

Housewife throttled to death

2011-04-22 00:00:00

NOAKHALI, Apr 21 (UNB): A young housewife was strangled to death by her husband over dowry at Harinarainpur village in Sadar Upazila near the town Wednesday evening. The deceased was identified as Amena Begum (20), daughter of Abdul Mannan of...

German business confidence drops back from highs******

2011-04-22 00:00:00

BERLIN, April 21 (AFP): Business confidence in Germany suffered a second monthly fall in a row, the closely watched Ifo indicator showed Thursday, but the setback was roughly in line with analysts' expectations. The Ifo index of business sentiment fell...

Tata Motors to finalise overseas production site for Nano soon*****

2011-04-22 00:00:00

NEW DELHI, April 21 (PTI): Tata Motors is "at a very high stage" in finalising a production site for its small car Nano at an overseas location, which could be either in Latin America, South East Asia or Africa. A...

Hindustan Zinc Q4 net jumps 43pc

2011-04-22 00:00:00

MUMBAI, April 21 (Business Recorder): Hindustan Zinc has posted a 43-per cent jump in its net profit at Rs 17.71 billion for the quarter ended March 31, 2011 as compared to the same period a year ago. Its net sales...

US businesses urged to invest in Pakistan

2011-04-22 00:00:00

NEW YORK, April 21 (APP): Finance Minister Dr Abdul Hafeez Shaikh met with top American corporate leaders and investors and invited them to avail tremendous business opportunities that a host of economic sector's offer in Pakistan. Shaikh, who travelled to...

China's consumer confidence up in Q1

2011-04-22 00:00:00

BEIJING, April 21 (Xinhua): China's consumer confidence index rose in the first three months of 2011 after two consecutive quarterly declines last year, an agency affiliated with China's statistics bureau said Thursday. The index stood at 108 for the first...

Sri Lanka port operating profit up in 2010

2011-04-22 00:00:00

COLOMBO, April 21 (LBO): Sri Lanka Ports Authority (SLPA), which runs the island's ports, increased revenue and operating profit in 2010 on the back of the global economic recovery which generated double-digit growth in cargo flows. The SLPA's operating profit...

GE net income rises 77pc in Q1******

2011-04-22 00:00:00

NEW YORK, April 21 (AP): General Electric Company said Thursday that earnings jumped 77 per cent in the first quarter, led by strong results in its financial services business. The company's lending arm, GE Capital, has experienced big profit increases...

Fiat to buy Chrysler stake for $1.3b******

2011-04-22 00:00:00

ROME, April 21 (AFP): Italian auto giant Fiat said Thursday it had reached a deal to buy an additional 16 per cent stake in Chrysler of the United States for $1.268 billion (868 million euros). "The transaction that we are...

OECD recommends tax hike for post-quake Japan*****

2011-04-22 00:00:00

TOKYO, April 21 (AP): The Organisation for Economic Cooperation and Development (OECD) is recommending that Japan as much as quadruple its sales tax rate to deal with a crushing deficit that's bound to grow as it spends on reconstruction from...

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

2011-04-22 00:00:00

Events: After five days of downtrend the Benchmark General Index DGEN reversed to post gain of 0.98% on the last day of trade this week. The Index at 6100 level was tested twice recently from where it bounced back and...