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Asia's rapid growth poses risk of overheating:IMF

2011-04-29 00:00:00

HONG KONG, April 28, 2011 (Agencies): Asia-Pacific will see robust growth but some economies risk overheating, the International Monetary Fund (IMF) has warned. The IMF said it expects the region to grow by close to 7.0 per cent in the...

Plethora of changes across the world

2011-04-29 00:00:00

From Fazle Rashid NEW YORK, Apr 28: A plethora of changes are in the offing and one has already been effected. President Obama is set to change his war council. He also produced his birth certificate for public view to...

Royal wedding today****

2011-04-29 00:00:00

LONDON, Apr 28 (Agencies): Royal wedding of Prince William and Kate Middleton will take place Friday amid pomp and pageantry in Westminster Abbey. Prince and Kate have been deeply touched by the affection they have felt from many people since...

Worst storm hits US: 220 dead so far

2011-04-29 00:00:00

BIRMINGHAM (Alabama), Apr 28 (AFP): The worst storms to slam southern US states in years flattened buildings and overturned vehicles, with intense tornados and floods leaving a trail of destruction and 220 people dead. The severe weather killed 131 people...

5 divisions created in two ministries

2011-04-29 00:00:00

Ministry of Science, Information and Communication Technology (ICT) has been divided into two divisions -- Science and Technology Division and Information and Communication Technology Division, said an official release Thursday. Besides, Roads Division, Railways Division and Bridge Division will reform...

Govt cancels 10 more Hajj agency licences

2011-04-29 00:00:00

The government has cancelled licences of 10 more hajj agencies for various irregularities during the holy hajj in 2010. The agencies are: R H Majumdar Travel, Shaheen Travels International, Liberty Travel, RS Travel International, Goodwill Aviation Services, Jiban Travels Ltd,...

Myanmar, China to build rail link

2011-04-29 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

2011-04-29 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...

B'desh can grab economic scope in South Asia

2011-04-29 00:00:00

FE Report Bangladesh can grab the growing opportunities in South Asia through developing its capacity building and negotiation skills as the region is becoming an economic hub of the globe, said speakers at a discussion meeting in the capital Thursday....

Expanding govt's SSN programmein ensuing budget ruled out

2011-04-29 00:00:00

FE ReportFood and disaster management minister Abdur Razzaque has ruled out the possibility of expanding the government's social safety net (SSN) programme in the upcoming budget due to non-availability of food aid from the donors. "To expand the size of...

Unilever, Singer to market water refining tech*****

2011-04-29 00:00:00

Unilever Bangladesh Ltd and Singer Bangladesh Ltd have partnered to provide the consumers of Bangladesh with safe drinking water by making Pureit, the latest water purification technology from Unilever, available at all Singer showrooms across the country from the 2nd...

Applying modern payment system in banks stressed

2011-04-29 00:00:00

Bangladesh Bank (BB) Governor Dr Atiur Rahman has underscored the need for applying modern payment system in the country's banking sector for bringing dynamism in the sector. He described modern payment system as backbone of financial infrastructure and said it...

Ensuring economic freedom of people underscored

2011-04-29 00:00:00

FE reportSpeakers at a seminar Thursday put emphasis on ensuring economic freedom of the people of the country with a view to decreasing the poverty rate. They also said the government must provide security to the common people, specially the...

No child labour in shrimp industry now: Minister

2011-04-29 00:00:00

FE ReportFisheries and Livestock Minister Abdul Latif Biswas Thursday said at present there is no child labour in the country's shrimp industry due to coordinated efforts of the ministries concerned and the stakeholders. He said: "A United States-based organisation spreads...

Janata Bank gets Productive Location Award

2011-04-29 00:00:00

Western Union has awarded Janata Bank Ltd 'Productive Location Champion-2010'. Janata Bank has achieved the award for extending Western Union network through its 856 branches. The award was given at Asia Pacific Agent Summit in china recently. Earlier, Janata Bank...

2nd Asia Business Expo begins Sept 15

2011-04-29 00:00:00

The second annual Asia Business Expo, a three-day event, will begin at Broward County Convention Centre of Florida in the USA on September 15. The Global Business Council, Bangladesh American Chamber of Commerce and the India Business Council will jointly...

State Bank of India to open branch at Rajshahi

2011-04-29 00:00:00

A three-member delegation of the State Bank of India called on Mayor of the Rajshahi City Corporation AHM Khairuzzaman Liton at the latter's office here today. During the meeting, the team apprised the mayor that a new branch of the...

Govt cancels 10 more Hajj agency licences

2011-04-29 00:00:00

The government has cancelled licences of 10 more hajj agencies for various irregularities during the holy hajj in 2010. The agencies are: R H Majumdar Travel, Shaheen Travels International, Liberty Travel, RS Travel International, Goodwill Aviation Services, Jiban Travels Ltd,...

Myanmar, China to build rail link

2011-04-29 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

2011-04-29 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...

World Bank warns of China property downturn risk****

2011-04-29 00:00:00

BEIJING, April 28 (AFP): The World Bank warned Thursday measures to cool China's red-hot real estate sector could trigger a sudden downturn in the market, posing risks for the world's second-largest economy. But the Washington-based lender said it was "too...

Dubai-based business jet firm plans branch in Mumbai

2011-04-29 00:00:00

MUMBAI, April 28 (PTI): Empire Aviation Group (EAG), a Dubai-based private aviation specialist and operator of one of West Asia's largest managed fleets of business jets, has announced plans to start operations in India, with a new branch office opening...

Gazprom reports 24pc rise in profit

2011-04-29 00:00:00

MOSCOW, April 28 (AFP): Gazprom, the world's biggest gas firm, reported a 24.0-per cent net profit leap for 2010 Thursday to 968.6 billion rubles (35.2 billion dollars). It said that the increase from the 2009 figure came on a rise...

Deutsche Bank posts shining quarterly profit

2011-04-29 00:00:00

FRANKFURT, April 28 (AFP): Deutsche Bank, the biggest German bank, posted Wednesday the second-best quarterly profit in its history, owing in large part to recent acquisitions. Net profit in the first three months of the year climbed to 2.1 billion...

Japan factory output sees record drop****

2011-04-29 00:00:00

TOKYO, April 28 (AFP): Japan's central bank slashed its growth forecast Thursday as factory output and consumer spending saw their biggest ever falls in the wake of the massive March 11 earthquake and tsunami disaster. Industrial production took a 15.3-per...

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

2011-04-29 00:00:00

The Benchmark General Index DGEN retraced back by 0.53% on a volatile day of trading. Market was on the uptrend for the first two hours buoyed by successful registration of BD Fund. However, selling pressure intensified over the last ninety...

Janata Bank gets Productive Location Award

2011-04-29 00:00:00

Western Union has awarded Janata Bank Ltd 'Productive Location Champion-2010'. Janata Bank has achieved the award for extending Western Union network through its 856 branches. The award was given at Asia Pacific Agent Summit in china recently. Earlier, Janata Bank...

2nd Asia Business Expo begins Sept 15

2011-04-29 00:00:00

The second annual Asia Business Expo, a three-day event, will begin at Broward County Convention Centre of Florida in the USA on September 15. The Global Business Council, Bangladesh American Chamber of Commerce and the India Business Council will jointly...

State Bank of India to open branch at Rajshahi

2011-04-29 00:00:00

A three-member delegation of the State Bank of India called on Mayor of the Rajshahi City Corporation AHM Khairuzzaman Liton at the latter's office here today. During the meeting, the team apprised the mayor that a new branch of the...

Govt cancels 10 more Hajj agency licences

2011-04-29 00:00:00

The government has cancelled licences of 10 more hajj agencies for various irregularities during the holy hajj in 2010. The agencies are: R H Majumdar Travel, Shaheen Travels International, Liberty Travel, RS Travel International, Goodwill Aviation Services, Jiban Travels Ltd,...