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US storm toll tops 310

2011-04-30 00:00:00

ALABAMA, April 29 (AFP): Shocked Americans Friday sifted through the rubble from the worst US tornadoes and storms in decades, which carved a trail of destruction across the south claiming at least 313 lives. Communities like Alabama Governor Robert Bentley's...

Muhith leaves for Hanoi tomorrow

2011-04-30 00:00:00

A 16-member delegation headed by Finance Minister AMA Muhith will leave Dhaka for Hanoi tomorrow (Sunday) to take part in the 44th Board of Governors Meeting of the Asian Development Bank to be held in the Vietnamese capital on May...

5 kms of BD-India border fencing completed

2011-04-30 00:00:00

NEW DELHI, Apr 29: Indian Home Minister P Chidambaram Friday said that along India-Bangladesh border five kilometres (kms) of fencing and 11 kilometres of road works were completed in April under phase II of a project. "Four kms of fencing...

weather

2011-04-30 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Barisal, Chittagong, Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till 6.0pm today (Saturday). Day temperature may remain nearly...

Myanmar, China to build rail link

2011-04-30 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-04-30 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...

Spain's jobless rate hits new eurozone record******

2011-04-30 00:00:00

MADRID, April 29 (Agencies): Spanish unemployment, officially the highest in the European Union, is at a 14-year peak latest data show, just as the government attacks illegal jobs which experts say cast doubt on the figures. The government was to...

aIndia, Pakistan agree to enhance trade

2011-04-30 00:00:00

ISLAMABAD, April 29 (AFP): India and Pakistan agreed Thursday to set up a joint working group to enhance trade, in a further move designed to ease tensions between the nuclear-armed South Asian rivals, officials said. A joint statement released by...

India tops list of foreign investors in Ghana

2011-04-30 00:00:00

ACCRA, April 29 (IANS): India topped the list of overseas investment in Ghana with 19 projects out of a total of 109 registered by the Ghana Investment Promotion Centre (GIPC) for the first quarter of this year, a top official...

Sri Lanka exports up 37pc in Feb

2011-04-30 00:00:00

COLOMBO, April 29 (LBO): Sri Lanka's exports rose 36.8 per cent to 860.3 million US dollars in February with apparel exports rising 47.5 per cent to 366.6 million US dollars while imports rose 27 per cent to 1.23 billion US...

China to tap individual businesses in boosting economy

2011-04-30 00:00:00

BEIJING, April 29 (Xinhua): The state council, or China's cabinet, released new regulations Thursday that will benefit the country's privately-owned businesses in an effort to further promote their role in boosting economic growth and employment. The "Regulations on Individual Businesses,"...

Myanmar-China border trade fair launched

2011-04-30 00:00:00

MUSE, Myanmar, April 29 (Xinhua): A Myanmar-China border trade fair was launched in Myanmar's Muse 105th mile border trade zone Friday, aimed at enchanting the bilateral trade between the two countries. With a total of 230 booths from the two...

Four LatAm nations to jointly explore Asian markets

2011-04-30 00:00:00

LIMA, April 29 (Xinhua): Presidents of Colombia, Peru, Chile and Mexico would sign a trade agreement here Thursday in a bid to formulate a common strategy for the four Latin American nations to explore Asian markets. The so-called Pacific Accord...

Micromax X266 makes debut

2011-04-30 00:00:00

Micromax Informatics Limited ("Micromax"), a leading Indian domestic mobile handsets company recently launched a new phone- X266 in Bangladesh market. The set is available at Tk 2850 only, said a press release. The phone is designed to provide users with...

Bahrain loses edge as financial hub, firms eye Dubai*****

2011-04-30 00:00:00

DUBAI, April 29 (Arabian Business.com): Bahrain is unlikely to regain its status as a financial hub losing out to Dubai in the wake of the political turmoil in the Gulf state, analysts said Wednesday. Dubai, on the brink of a...

weather

2011-04-30 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Dhaka, Barisal, Chittagong, Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till 6.0pm today (Saturday). Day temperature may remain nearly...

Myanmar, China to build rail link

2011-04-30 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-04-30 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...

Fate of Adamjee's Unit-2 hangs in the balance

2011-04-30 00:00:00

Syful Islam A proposal for revival of Unit-2 of the now defunct Adamjee Jute Mills is lying in the Prime Minister's Office (PMO) for the last nine months, Jute Ministry officials said. The proposal was sent to the PMO on...

BHB takes up projects to revamp handloom industry

2011-04-30 00:00:00

FE ReportThe state-run Bangladesh Handloom Board (BHB) has taken a number of projects starting from next June at a cost of Tk 2.08 billion aiming to revitalise thousands of ailing weaving units across the country, a high official said. "If...

Sugar gains, spices drop in India

2011-04-30 00:00:00

AHMEDABAD, Apr 29 (Commodity Online): The NCDEX May futures sugar prices settled at Rs. 2713 per quintal Thursday, up almost Rs 22 per quintal from the last day. Sugar futures witnessed some buying at lower levels on the heels of...

Coffee may rise 40pc****

2011-04-30 00:00:00

LONDON, Apr 29 (Bloomberg): Brazil, the world's biggest coffee grower, is facing the risk of frost after hail this month, raising the prospect of a 40 per cent jump in bean costs after Kraft Foods Inc and JM Smucker Company...

Russia to hike petrol export duty to 44pc from May

2011-04-30 00:00:00

MOSCOW, Apr 29 (Commodity Online): Global leader in oil production, Russia said it will further hike gasoline export duty 44 per cent from May 1 instead of an expected 34 per cent to fight local fuel shortages. In an official...

Sonali Bank holds monthly business assessment meet

2011-04-30 00:00:00

RANGPUR, Apr 29 (BSS): The divisional monthly business meeting of the officials of the divisional, regional, corporate and district offices of Sonali Bank Limited (SBL) was held here today. SBL General Manager ANM Mashrurul Huda attended the meeting as the...

AirAsia to impose fuel surcharge from May 3*-*******

2011-04-30 00:00:00

KUALA LUMPUR, Apr 29 (Business Times): Southeast Asia's largest budget carrier AirAsia said Friday it will impose fuel surcharges beginning May 3 to offset escalating jet fuel prices. In February, AirAsia chief executive officer Tony Fernandes said the carrier will...

Crude down in Asia on bearish US data

2011-04-30 00:00:00

SINGAPORE, Apr 29 (AFP): Crude prices fell in Asian trade Friday as first-quarter GDP in the United States slumped and rising jobless claims in the world's largest oil consumer depressed markets, analysts said. New York's main contract, light sweet crude...

India, Pakistan may enter wheat market: CWB

2011-04-30 00:00:00

NEW DELHI, Apr 29 (Commodity Online): A day after India and Pakistan restarted trade talks, both could be poised to test their wheat export records, signalling that nearly eight million tonnes in extra supplies could hit the market, according to...

Gold set for seventh weekly gain as dollar sags

2011-04-30 00:00:00

LONDON, Apr 29 (Reuters): Gold steadied Friday, just shy of fresh record highs and set for its seventh successive weekly gain, driven largely by the decline in the dollar to its lowest in nearly three years. The dollar fell to...

Myanmar, China to build rail link

2011-04-30 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-04-30 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...