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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,...

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...

Ananda builds 11th ship for export

2011-04-29 00:00:00

Ananda Shipyard & Slipways Ltd (ASSL), the first ship exporter of the country, launched Thursday its 11th ship, the largest ever seagoing vessel built in Bangladesh, reports BSS. The Ananda will formally hand over the ship titled 'WES GRAIN' with...

Oil drops from 31-month high ******

2011-04-29 00:00:00

LONDON, Apr 29 (Bloomberg): Oil traded lower in New York after the US said economic growth in the first quarter rose 1.8 per cent, slower than economists had forecast. Crude futures earlier climbed to a new 31-month high after Fed...

Sugar prices slip

2011-04-29 00:00:00

NEW YORK, Apr 28 (Business Recorder): Raw sugar futures closed lower Thursday with the market sliding back towards a six-month low set early last week, weighed by an improving supply outlook. Trade sources cited stronger-than-expected sugar production in top grower...

India to hike subsidy for key fertilisers

2011-04-29 00:00:00

NEW DELHI, Apr 29 (Commodity Online): In an attempt to ensure uninterrupted availability of potash and diammonium phosphate during the coming kharif sowing season, India increased the benchmark prices of these key fertilisers. India's cabinet approved increasing prices at which...

Russia to ban gasoline exports amid shortages

2011-04-29 00:00:00

MOSCOW, Apr 28 (AFP): Russia announced Thursday it would not export any gasoline next month and would direct all sales to the domestic market in a bid to curb a recent shortage that saw a jump in prices. "In May,...

Gold rallies after Fed, silver steadies

2011-04-29 00:00:00

NEW YORK, Apr 28 (Business Recorder): Gold rose by almost 1 per cent Thursday and silver steadied after a sharp sell-off in the previous session, with both benefiting from the US Federal Reserve announcement it would keep interest rates very...

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...

MoI to assist BUET to set up Metal Institute******

2011-04-29 00:00:00

FE ReportThe Ministry of Industries (MoI) will provide all assistance to the BUET to set up a Metal Institute to increase research and training facilities for ensuring industrial development of the country, Industries Minister Dilip Barua said Thursday. "Effective coordination...