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Indian investors forge alliance for solar power projects

2011-05-08 00:00:00

AHMEDABADNEW DELHI, May 7 (Economic Times): Lack of prior experience and equity in the capital-intensive solar power sector is driving the Indian investors and EPC contractors to join hands with experienced cash-rich foreign players. The National Solar Mission envisages installing...

Petrobras to boost ethanol production

2011-05-08 00:00:00

BRASILIA, May 7 (AFP): Brazil's state-controlled energy giant Petrobras will boost its production of ethanol as part of a government effort to contain fuel prices, Energy Minister Edison Lobao announced Friday. "We are going to make rapid advances to produce...

Toyota suspends Brazil production****

2011-05-08 00:00:00

SAO PAULO, May 7 (AFP): Toyota temporarily halted production Friday in its Brazilian assembly plants due to a lack of parts from earthquake-ravaged Japan, a spokesman for the world's leading automaker told the news agency. The Indaiatuba plant outside Sao...

Russia's trade surplus down 2.2pc in Q1

2011-05-08 00:00:00

MOSCOW, May 7 (Xinhua): Russia's trade surplus slipped 2.2 per cent year-on-year to 52.6 billion US dollars in the first quarter of 2011, Russia's Federal Customs Service said Friday. Russia's exports totaled 112.8 billion dollars, up 22 per cent due...

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...

Local firm signs deal with Korean govt company

2011-05-08 00:00:00

FE ReportJapan-Bangladesh Security Printing and Papers Ltd (JBSPPL) has signed an agreement with Korea Minting Security Printing and ID Card Operating Corporation (KOMSCO) to work together for security printing-related business in the country. In this connection a signing ceremony was...

Mercantile Bank, LGD, A21 Programme sign MoU*****

2011-05-08 00:00:00

Local Government Division (LGD), UNDP-supported Access to Information (A21) Programme and Mercantile Bank Limited signed a memorandum of understanding (MoU) for introducing mobile phone based banking services to the rural communities through Union Information and Services Center (UISC) in the...

DBBL holds workshop

2011-05-08 00:00:00

Dutch-Bangla Bank Limited organised a day-long workshop on 'Money Laundering Prevention Act-2009 and Anti Terrorism Act-2009' at its training centre in the city Saturday, says a press release. The workshop aimed at familiarising the participants with the conceptual aspects of...

Air India operations yet to be normalised

2011-05-08 00:00:00

NEW DELHI, May 7 (Business Standard): Air India operations were yet to be normalised Saturday after the pilots called off their 10-day strike, as the airline had stopped taking any bookings for over a week. Airline officials said they had...

Toyota suspends Brazil production****

2011-05-08 00:00:00

SAO PAULO, May 7 (AFP): Toyota temporarily halted production Friday in its Brazilian assembly plants due to a lack of parts from earthquake-ravaged Japan, a spokesman for the world's leading automaker told the news agency. The Indaiatuba plant outside Sao...

Russia's trade surplus down 2.2pc in Q1

2011-05-08 00:00:00

MOSCOW, May 7 (Xinhua): Russia's trade surplus slipped 2.2 per cent year-on-year to 52.6 billion US dollars in the first quarter of 2011, Russia's Federal Customs Service said Friday. Russia's exports totaled 112.8 billion dollars, up 22 per cent due...

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...

SBC eyes better earning prospect from mega govt projects

2011-05-08 00:00:00

Asaduzzaman PallabState-owned Sadharan Bima Corporation (SBC) sees better earning prospect in the coming years as a good number of mega infrastructure projects are going to be implemented in Bangladesh. The sole state-owned general insurer expects better earning future by bringing...

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...