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World Bank MD arrives today

2011-04-26 00:00:00

Dr Ngozi Okonjo-Iweala, Managing Director of the World Bank Group, arrives in Dhaka today (Tuesday) for high level meetings on development priorities of Bangladesh. Officials said during her three-day visit Dr Ngozi will hold high-level meetings with the government on...

Shahin gets Luther King Freedom Award

2011-04-26 00:00:00

Nazmul Hassan Shahin, chairman of Bangladeshi American Democratic Caucus (BADC), has received Martin Luther King Jr Freedom Award recently. The Michigan Democratic Party (MDP) has given the prestigious award to Mr Shahin for his contribution to promoting equality and inclusion...

Sri Lanka raises taxes on imported vehicles

2011-04-26 00:00:00

COLOMBO, April 25 (LBO): Sri Lanka has raised import duties on several categories of petrol-engined cars and three wheelers with steeper increases seen in larger hybrid vehicles, which had exceptionally low taxes earlier, officials said. A senior treasury official said...

Housewife commits suicide in Kurigram

2011-04-26 00:00:00

A housewife allegedly committed suicide by taking poison at Nilur Kahmar village in Nageshwari upazila Tuesday night. The deceased was identified as Lucky, 25, wife of Azim Uddin of the village. Police quoting local people said following a quarrel with...

Five robbers held in Sherpur

2011-04-26 00:00:00

Police arrested five highway robbers including a ringleader at Shimultoli diversion on Sherpur-Jamalpur highway early Monday while taking preparation to commit robbery. Police nabbed notorious ringleader of Morakandi area of sadar upazila Ajad alias ZKalu Dakat,30 and his associates-Mobarak Ali,22,...

Youth jailed for stalking in Gaibandha

2011-04-26 00:00:00

A mobile court here on Monday awarded a youth one month imprisonment for sexually harassing a schoolgirl. Police said Sumon Hawlader gave bad proposal to Shapla Akter, daughter of Liton Hawlader of Dabhit Co. Para in front of Hawkers' market...

13 jailed for robbery in Manikganj

2011-04-26 00:00:00

A court here on Monday sentenced 13 people to different terms of jails-from five to nine years- for committing robbery at Jabra village in Gheor upazila in 2008. The convicts are Raja Mia, Rezaul Karim, Bachchu Mia, Alauddin, Lavlu, Mostafa,...

Palli Bidyut men injured in mob attack

2011-04-26 00:00:00

Outraged by persistent power outages, local people attacked two officials of Sarsha palli bidyut office, leaving them injured Tuesday morning. The injured were-Mafijur Rahman, Deputy General Manager and Shariful Islam, Assistant General Manager of the power office. Local people said...

Crude oil climbs a fourth day as Middle East violence escalates

2011-04-26 00:00:00

DUBAI, Apr 25 (Bloomberg): Crude oil gained for a fourth day in New York, the longest rising streak since December, as escalating violence in the Middle East and Africa threatens to prolong supply disruptions. Futures advanced as much as 0.7...

China fuel demand will plateau

2011-04-26 00:00:00

BEIJING, Apr 25 (Business Times): China's demand for its three main refined fuels-diesel, petrol and kerosene-will plateau at first-quarter levels for the rest of 2011, China's National Energy Administration (NEA) said. It predicted that year-on-year growth in demand for the...

Gold jumps to record high on weak dollar, silver surges

2011-04-26 00:00:00

SINGAPORE, Apr 25 (Business Recorder): Spot gold hit a lifetime high Monday, extending a record-breaking rally to its seventh consecutive session, buoyed by a weak dollar that languished around its three-year low amid increasing tension in the Middle East and...

Chinese food cos urged to keep operating records for safety check

2011-04-26 00:00:00

BEIJING, April 25 (Xinhua): The Chinese government has ordered food companies to keep clear and intact records of all their production and selling operations as part of the efforts to prevent the illegal use of food additives. All food manufacturing...

USDA revises India's sugar output forecast lower than govt

2011-04-26 00:00:00

NEW DELHI, Apr 25 (PTI): The US Department of Agriculture (USDA) has revised its estimate of India's sugar production in the ongoing 2010-11 sugar year slightly upward to 24 million tonnes, but this is still lower than the government's forecast...

Iraq to auction 12 oil, gas fields in January

2011-04-26 00:00:00

BAGHDAD, Apr 25 (AFP): Iraq is to auction 12 gas and oil fields to foreign firms in January 2012, in the fourth opening of its energy sector since Saddam Hussein's fall, Oil Minister Abdelkarim al-Luaybi announced Monday. "The auction will...

Balaka restaurant receives great honour in Britain

2011-04-26 00:00:00

Bangladeshi restaurant Balaka has received invitation to provide catering at one of the events to celebrate the marriage ceremony of Prince William and Kate Middleton to be held on April 29, said a press statement. Balaka will provide food items...

World Bank MD arrives today

2011-04-26 00:00:00

Dr Ngozi Okonjo-Iweala, Managing Director of the World Bank Group, arrives in Dhaka today (Tuesday) for high level meetings on development priorities of Bangladesh. Officials said during her three-day visit Dr Ngozi will hold high-level meetings with the government on...

Shahin gets Luther King Freedom Award

2011-04-26 00:00:00

Nazmul Hassan Shahin, chairman of Bangladeshi American Democratic Caucus (BADC), has received Martin Luther King Jr Freedom Award recently. The Michigan Democratic Party (MDP) has given the prestigious award to Mr Shahin for his contribution to promoting equality and inclusion...

Sri Lanka raises taxes on imported vehicles

2011-04-26 00:00:00

COLOMBO, April 25 (LBO): Sri Lanka has raised import duties on several categories of petrol-engined cars and three wheelers with steeper increases seen in larger hybrid vehicles, which had exceptionally low taxes earlier, officials said. A senior treasury official said...

Housewife commits suicide in Kurigram

2011-04-26 00:00:00

A housewife allegedly committed suicide by taking poison at Nilur Kahmar village in Nageshwari upazila Tuesday night. The deceased was identified as Lucky, 25, wife of Azim Uddin of the village. Police quoting local people said following a quarrel with...

Five robbers held in Sherpur

2011-04-26 00:00:00

Police arrested five highway robbers including a ringleader at Shimultoli diversion on Sherpur-Jamalpur highway early Monday while taking preparation to commit robbery. Police nabbed notorious ringleader of Morakandi area of sadar upazila Ajad alias ZKalu Dakat,30 and his associates-Mobarak Ali,22,...

Youth jailed for stalking in Gaibandha

2011-04-26 00:00:00

A mobile court here on Monday awarded a youth one month imprisonment for sexually harassing a schoolgirl. Police said Sumon Hawlader gave bad proposal to Shapla Akter, daughter of Liton Hawlader of Dabhit Co. Para in front of Hawkers' market...

13 jailed for robbery in Manikganj

2011-04-26 00:00:00

A court here on Monday sentenced 13 people to different terms of jails-from five to nine years- for committing robbery at Jabra village in Gheor upazila in 2008. The convicts are Raja Mia, Rezaul Karim, Bachchu Mia, Alauddin, Lavlu, Mostafa,...

Palli Bidyut men injured in mob attack

2011-04-26 00:00:00

Outraged by persistent power outages, local people attacked two officials of Sarsha palli bidyut office, leaving them injured Tuesday morning. The injured were-Mafijur Rahman, Deputy General Manager and Shariful Islam, Assistant General Manager of the power office. Local people said...

Indian bond yields ease on new short-term borrowing limits

2011-04-26 00:00:00

MUMBAI, April 25 (Reuters): Indian federal bond yields edged lower Monday aided by hopes of lesser short-term borrowing by the government and a lack of supply this week, with a drop in US yields also supporting sentiment. India's central bank...

Hyundai, Renault Samsung to recall cars

2011-04-26 00:00:00

SEOUL, April 25 (AFP): South Korea's top automaker Hyundai Motor and the local unit of French automaker Renault SA will recall almost 150,000 cars due to a manufacturing defect and a safety problem, officials said Monday. The ministry of land,...

Johnson Controls lifts 2011 revenue forecast

2011-04-26 00:00:00

DETROIT, April 25 (Reuters); Johnson Controls Inc posted higher second-quarter earnings on Monday and raised its revenue forecast for fiscal year 2011 due to the stronger euro and higher growth estimates for its building efficiency unit. The company reported net...

Chinese food cos urged to keep operating records for safety check

2011-04-26 00:00:00

BEIJING, April 25 (Xinhua): The Chinese government has ordered food companies to keep clear and intact records of all their production and selling operations as part of the efforts to prevent the illegal use of food additives. All food manufacturing...

USDA revises India's sugar output forecast lower than govt

2011-04-26 00:00:00

NEW DELHI, Apr 25 (PTI): The US Department of Agriculture (USDA) has revised its estimate of India's sugar production in the ongoing 2010-11 sugar year slightly upward to 24 million tonnes, but this is still lower than the government's forecast...

Iraq to auction 12 oil, gas fields in January

2011-04-26 00:00:00

BAGHDAD, Apr 25 (AFP): Iraq is to auction 12 gas and oil fields to foreign firms in January 2012, in the fourth opening of its energy sector since Saddam Hussein's fall, Oil Minister Abdelkarim al-Luaybi announced Monday. "The auction will...

Balaka restaurant receives great honour in Britain

2011-04-26 00:00:00

Bangladeshi restaurant Balaka has received invitation to provide catering at one of the events to celebrate the marriage ceremony of Prince William and Kate Middleton to be held on April 29, said a press statement. Balaka will provide food items...