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Strong demand, tax cut boost CFL production

Arafat Ara | 2011-04-16 00:00:00

Arafat Ara Local production of compact fluorescent lamp (CFL) increased by nearly tenfold during the past three years as government policy helped push up demand for energy-efficient bulbs, manufacturers said. They said strong demand coupled with supportive tax measures has...

Fine rice, onion, egg prices jump anew

FE Report | 2011-04-16 00:00:00

FE ReportPrices of fine rice, egg and onion got a fresh leap while fish and edible oil showed upward trend in the city's kitchen markets, traders said Friday. They said prices of Minicate and Nazirshail increased by Tk 1.50 -2.0...

Nepalese team sees ample scopes to develop bilateral trade, tourism

FE Report | 2011-04-16 00:00:00

FE ReportA Nepalese delegation sees ample possibilities to develop trade and tourism sectors between Nepal and Bangladesh. Entrepreneurs of both of the countries urged the authorities concerned for making the visa formalities easier. Executive Director of the Cottage and Small...

Crude up in Asian trade on dollar weakness

2011-04-16 00:00:00

SINGAPORE, Apr 15 : Crude was up in Asian trade today as a weaker dollar spurred investor buying interest, analysts said. New York's main contract, light sweet crude for delivery in May, rose 38 cents to $108.49 a barrel. Brent...

Power cuts are top economic concern in Japan: ADB

2011-04-16 00:00:00

WASHINGTON, Apr 15: Power cuts are now the greatest threat to apan's economic recovery, the ian Development Bank's top economist said yesterday, as the pain from last month's triple disaster showed few signs of relenting. After initial concerns that the...

Pahela Boishakh observed in Chittagong, Rajshahi, Rangpur divisions

Our Correspondent | 2011-04-16 00:00:00

Our CorrespondentCHITTAGONG, April 15: Fighting out the morning showers hundreds of thousands of people from all walks of life came out of homes to enjoy the Bengali New Year - Pahela Boishakh - in Chittagong on Thursday. From around 6.00...

WEATHER

2011-04-16 00:00:00

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

China growth eases, inflation hits 32-month high

2011-04-16 00:00:00

BEIJING, April 15 (AFP): China said Friday that its economy slowed slightly in the first quarter of 2011 -- but inflation hit a 32-month high, suggesting Beijing's efforts to rein in soaring costs are still falling short. Gross domestic product...

Nepal, US to sign trade, investment framework pact

2011-04-16 00:00:00

KATHMANDU, April 15 (Xinhua): Nepal and the United States set to sign the trade and investment framework agreement Friday, opening the door for preferential entry facility of Nepali goods into the US market. According to Friday's Republica daily, Deputy Prime...

Ford recalls 1.19m pick-ups

2011-04-16 00:00:00

WASHINGTON, April 15 (IANS): Ford has informed the US government that it will recall about 1.19 million F-150 pick-up trucks produced from 2004 through 2006 as well as Lincoln Mark LT 2006 models for a defect that can cause accidental...

Infosys profit up 19pc, misses expectations

2011-04-16 00:00:00

MUMBAI, April 15 (AP): Infosys Technologies reported an 18.9 per cent rise in quarterly profit in dollar terms Friday, missing expectations as expenses and a rising rupee squeezed margins. Disappointed investors, who were also unsettled by a tepid outlook for...

Sri Lanka state bus service lose Rs8.4b

2011-04-16 00:00:00

COLOMBO, April 15 (LBO): Sri Lanka's over-staffed state-run bus services lost 8.4 billion rupees in 2010, up 4.9 per cent from the 8.4 billion rupees a year earlier, eating up billions of rupees of taxes extracted from the people from...

Power cuts are top economic concern in Japan: ADB

2011-04-16 00:00:00

WASHINGTON, Apr 15: Power cuts are now the greatest threat to apan's economic recovery, the ian Development Bank's top economist said yesterday, as the pain from last month's triple disaster showed few signs of relenting. After initial concerns that the...

Pahela Boishakh observed in Chittagong, Rajshahi, Rangpur divisions

Our Correspondent | 2011-04-16 00:00:00

Our CorrespondentCHITTAGONG, April 15: Fighting out the morning showers hundreds of thousands of people from all walks of life came out of homes to enjoy the Bengali New Year - Pahela Boishakh - in Chittagong on Thursday. From around 6.00...

WEATHER

2011-04-16 00:00:00

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

Hu calls for Asian security cooperation

2011-04-16 00:00:00

BOAO, Apr 15 (AP): Chinese President Hu Jintao called Friday for Asian nations to better cooperate in security matters in a region increasingly beset by rival territorial claims - often involving China. Hu offered only vague ideas about a "new...

Suicide bomber hits Indonesian mosque, 28 injured

2011-04-16 00:00:00

JAKARTA, Indonesia - A suicide bomber blew himself up in an Indonesian mosque Friday, wounding 28 people in militants' first attack against a mosque in the predominantly Muslim country, officials said. The bombing occurred during prayers inside a police compound...

Turkey in talks on Taliban office in Istanbul

2011-04-16 00:00:00

ANKARA, Apr 15 (Reuters): Turkey is working to open a political office for the Taliban in Istanbul, a close aide to Turkish Prime Minister Tayyip Erdogan was quoted as saying on Friday, the first explicit comments on the plan. "It's...

Pak embassy official shot at in Nepal

2011-04-16 00:00:00

KATHMANDU, Apr 15: A Pakistani embassy official suffered multiple wounds when he was shot by an unidentified gunman on Thursday in Nepal's capital Kathmandu, police said. Mehboob Asif, who works at the visa section of the Pakistan embassy, was injured...

India court grants bail to Binayak Sen

2011-04-16 00:00:00

India's Supreme Court has granted bail to leading public health specialist and human rights activist, Dr Binayak Sen. In December a court in the central state of Chhattisgarh sentenced to life in prison for helping Maoist rebels. -BBC

'Red' sky worries Iran as sandstorms wreak havoc

2011-04-16 00:00:00

TEHRAN, Apr 15 Iranians are worried by crippling air pollution as "unprecedented" sandstorms mostly originating from neighbouring Iraq hit 20 provinces, forcing the shutdown of schools and government offices. The blinding sandstorms hit western, central and southern provinces on Wednesday...

Sudan forces kill 20 in Kordofan

2011-04-16 00:00:00

KHARTOUM, Apr 15, Sudanese paramilitary forces killed more than 20 people including women and children when they attacked a village in South Kordofan, the oil-producing border state's deputy governor said Thursday. -AFP

Abducted Italian activist killed in Gaza: Hamas

2011-04-16 00:00:00

GAZA, Apr 15: Security personnel found the body of a pro-Palestinian activist from Italy who was killed and left in an abandoned house in the Gaza Strip following his abduction by militants, a Hamas official said Friday. Two men were...

Stocks back to negative zone

FE Report | 2011-04-16 00:00:00

FE ReportDhaka stocks returned to negative territory last week with all three indices declining moderately after two weeks of bullish trend as investors are more cautious over the outcome of the much talked about stock market probe report, which was...

NAV of Prime Financial UF

2011-04-16 00:00:00

The total NAV of Prime Financial First Unit Fund stood at Tk 206,041,942 on the basis of cost price and Tk 192,129,190 on the basis of market price at the close of business operation on April 13, 2011. The NAV...

Confidence Cement to grab new mkt

Company Profile | 2011-04-16 00:00:00

Company ProfileConfidence Cement Limited (CCL) is the the first private sector cement manufacturing company in Bangladesh established in early 90's with having 4,80,000 M/T annual production capacity at Chittagong. It manufactures Portland Composite Cement. CCL is the first ISO-9002 certified...

Windmill Infotech inks deal with Igloo

2011-04-16 00:00:00

Windmill Infotech Limited, one of the leading Call Center operators of Bangladesh inked a deal with Igloo recently at Windmill House, Banani in the city. Igloo, renowned as ice cream brand will launch a new ice-cream product that is known...

India court grants bail to Binayak Sen

2011-04-16 00:00:00

India's Supreme Court has granted bail to leading public health specialist and human rights activist, Dr Binayak Sen. In December a court in the central state of Chhattisgarh sentenced to life in prison for helping Maoist rebels. -BBC

'Red' sky worries Iran as sandstorms wreak havoc

2011-04-16 00:00:00

TEHRAN, Apr 15 Iranians are worried by crippling air pollution as "unprecedented" sandstorms mostly originating from neighbouring Iraq hit 20 provinces, forcing the shutdown of schools and government offices. The blinding sandstorms hit western, central and southern provinces on Wednesday...

Sudan forces kill 20 in Kordofan

2011-04-16 00:00:00

KHARTOUM, Apr 15, Sudanese paramilitary forces killed more than 20 people including women and children when they attacked a village in South Kordofan, the oil-producing border state's deputy governor said Thursday. -AFP