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China to invest $115b in railways

2011-05-08 00:00:00

BEIJING, May 7 (Business Recorder): China will invest 745.5 billion yuan ($114.8 billion) in its railways in 2011, the official news agency Xinhua reported late Friday, despite media reports that the budget would be cut following the sacking of the...

Commodities suffer dramatic plunge on global demand fears

2011-05-08 00:00:00

LONDON, May 7 (AFP): Most commodities slumped this week, as traders fretted over downbeat economic data and fears of weak energy demand in the United States and elsewhere, analysts said. However, those losses were capped somewhat by Friday's upbeat non-farm...

German industrial production increased in March*****

2011-05-08 00:00:00

FRANKFURT, May 7 (Bloomberg): German industrial production rose for a third month in March as construction surged, adding to signs Europe's largest economy gathered strength in the first quarter. Output increased 0.7 per cent from February, when it rose 1.7...

Unilever must sell two brands to seal Alberto deal

2011-05-08 00:00:00

WASHINGTON, May 7 (Reuters): Unilever Group agreed to sell off the Alberto VO5 brand in the United States and to fully shed its own Rave hair products brand in order to wrap up its purchase of Alberto Culver Co. The...

Indonesia turns ASEAN focus to food, energy security

2011-05-08 00:00:00

JAKARTA, May 7 (AFP): Indonesia Saturday warned fellow Southeast Asian states that rising food and energy prices could drive more people into poverty and urged coordinated action to fight inflation. Indonesian President Susilo Bambang Yudhoyono said at the start of...

Lankan Singer unit profits up

2011-05-08 00:00:00

COLOMBO, May 7 (LBO): Singer (Sri Lanka) said March 2011 quarter net profit rose 48.5 per cent from a year ago as the end of a war and an international cricket tournament boosted consumer electronics sales. The company, a unit...

AL-BNP clash 25 hurt, four houses looted in Magura

2011-05-08 00:00:00

MAGURA, May 7 (UNB): At least 25 people were injured as rival union parishad (UP) member candidates, backed by Awami League (AL) and BNP, clashed at Kalinagar village in Sreepur Upazila from Friday night to Saturday morning. Supporters of BNP-backed...

4.6m use illegal drugs in country

2011-05-08 00:00:00

Nearly 4.6 million (46 lakh) people in the country use illegal drugs as Bangladesh is the most vulnerable for drug abuse and its illicit trafficking due to its geographic and strategic location, according to Department of Narcotics Control (DNC). DNC...

weather

2011-05-08 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at a few places over Khulna, Barisal and Chittagong divisions and at one or two places over Rajshahi, Rangpur, Dhaka and Sylhet divisions in next 24...

Murder incidents rising in Bangladesh

2011-05-08 00:00:00

FE ReportBangladesh has witnessed an 11 per cent increase in murder incidents in April 2011 compared to the number recorded in the previous month, Democracywatch said. The non-government human rights watchdog in a statement issued Thursday said a total of...

weather

2011-05-08 00:00:00

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

Land ports getting ready for handling cargoes in regional trade

2011-05-08 00:00:00

Syful IslamCountry's land ports are getting ready for handling goods-laden transports for Bangladesh's joining in the regional connectivity initiatives, officials said Friday. Massive development works are being carried out there following directives from the prime minister's office (PMO), they added....

Dhaka Bank holds foundation training course****

2011-05-08 00:00:00

Dhaka Bank Limited organised a foundation training course for its 25th batch in the city recently, says a press release. A total of 37 Officials from different branches took part in the programme. Managing Director of the bank Khondker Fazle...

Labour law to be updated soon, says Mosharraf

2011-05-08 00:00:00

FE Report Labour and Employment Minister Khandaker Mosharraf Hossain said Saturday the Labour Law 2006 will be updated after consultations with all relevant actors, which can improve relations between owners and workers. "The law will be free from political influences...

German refiners cut greener gasoline production on slower demand

2011-05-08 00:00:00

LONDON, May 7 (Bloomberg): German refineries are reducing output of cleaner, high-ethanol gasoline known as E10 after motorists shunned the fuel. E10 hasn't met our expectations and refinery production has been adjusted accordingly, a BP Plc (BP) official said yesterday...

Russian grain export ban to be lifted after "calm consideration"

2011-05-08 00:00:00

MOSCOW, May 7 (Xinhua): Resumption of Russia's grain export depends on this year's harvest and domestic demands, Russian Prime Minister Vladimir Putin said yesterday. Speaking to the ruling United Russia Party's conference in the city of Volgograd, Putin stressed that...

Prime Bank moves to orient students with modern banking

2011-05-08 00:00:00

FE ReportPrime Bank Limited organised a seminar on "Standard Banking Practices" and a day- long Products and Awards Exhibition in the city Saturday marking the celebration of its 16th anniversary. Chairman of the bank Azam J Chowdhury inaugurated the programme...

Jamuna Bank deaf computer centre opens****

2011-05-08 00:00:00

The inaugural ceremony of Jamuna Bank Deaf Computer Training Centre was held in the city recently with the financial support of the Jamuna Bank Foundation, says a press release. Chairman of the Jarnuna Bank Foundation Nur Mohammed was present as...

Employers in US added more jobs even as fuel costs climbed

2011-05-08 00:00:00

WASHINGTON, May 7 (Bloomberg): American employers added more jobs than forecast in April and previous monthly gains this year were revised up, easing concern the economy is cooling. Payrolls expanded by 244,000 last month, the biggest gain since May 2010,...

Week's commodities plunge batters US markets

2011-05-08 00:00:00

WASHINGTON, May 7 (AFP): Strong job creation numbers Friday could not overcome the impact on US markets of a plunge in overinflated commodities prices this week. The period began and ended on strong notes-stocks jumped upon opening Monday on the...

weather

2011-05-08 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at a few places over Khulna, Barisal and Chittagong divisions and at one or two places over Rajshahi, Rangpur, Dhaka and Sylhet divisions in next 24...

Murder incidents rising in Bangladesh

2011-05-08 00:00:00

FE ReportBangladesh has witnessed an 11 per cent increase in murder incidents in April 2011 compared to the number recorded in the previous month, Democracywatch said. The non-government human rights watchdog in a statement issued Thursday said a total of...

weather

2011-05-08 00:00:00

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

Job satisfaction more important to job seekers?

2011-05-08 00:00:00

Mohammad Polash KhanKazi Tareq, a lecturer at a private university, joined us for tea one afternoon. He was talking of the expectations of the students regarding their job environment and the reality shock that some of them face when they...

Attributes that distinguish a successful teacher

2011-05-08 00:00:00

Salahuddin AhmedWhat roles a teacher should play when heshe stands in front of the students? A teacher is a role model to the students; it is easy just to teach something to get through the terms or semester, but it...

Labour law to be updated soon, says Mosharraf

2011-05-08 00:00:00

FE Report Labour and Employment Minister Khandaker Mosharraf Hossain said Saturday the Labour Law 2006 will be updated after consultations with all relevant actors, which can improve relations between owners and workers. "The law will be free from political influences...

German refiners cut greener gasoline production on slower demand

2011-05-08 00:00:00

LONDON, May 7 (Bloomberg): German refineries are reducing output of cleaner, high-ethanol gasoline known as E10 after motorists shunned the fuel. E10 hasn't met our expectations and refinery production has been adjusted accordingly, a BP Plc (BP) official said yesterday...

Russian grain export ban to be lifted after "calm consideration"

2011-05-08 00:00:00

MOSCOW, May 7 (Xinhua): Resumption of Russia's grain export depends on this year's harvest and domestic demands, Russian Prime Minister Vladimir Putin said yesterday. Speaking to the ruling United Russia Party's conference in the city of Volgograd, Putin stressed that...

Prime Bank moves to orient students with modern banking

2011-05-08 00:00:00

FE ReportPrime Bank Limited organised a seminar on "Standard Banking Practices" and a day- long Products and Awards Exhibition in the city Saturday marking the celebration of its 16th anniversary. Chairman of the bank Azam J Chowdhury inaugurated the programme...

Jamuna Bank deaf computer centre opens****

2011-05-08 00:00:00

The inaugural ceremony of Jamuna Bank Deaf Computer Training Centre was held in the city recently with the financial support of the Jamuna Bank Foundation, says a press release. Chairman of the Jarnuna Bank Foundation Nur Mohammed was present as...