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Standard Chartered Bank

2011-03-19 00:00:00

This week the international FX markets were deeply affected by the earthquake in Japan. The Yen strengthened significantly on the back of strong anticipated repatriation by Japanese investors and a spike in risk aversion. The yen steadied around a four-month...

Unrest hurts trade in 'business friendly' Bahrain

2011-03-19 00:00:00

DUBAI, Mar 18 (AP): Bahrain's stock exchange and a few bank branches reopened Thursday, but business remained far from normal a day after soldiers and riot police overran an anti-government protest camp in the Gulf island kingdom. Airlines canceled flights....

PetroChina sees profit up 35.4pc in 2010

2011-03-19 00:00:00

BEIJING, Mar 18 (Xinhua): PetroChina Company Limited (PetroChina), China's largest oil and gas producer, reported Thursday that its net profit for 2010 surged 35.4 per cent from a year ago. PetroChina's net profit totaled 139.99 billion yuan (21.3 billion US...

Spain public debt at 11-year high

2011-03-19 00:00:00

MADRID, Mar 18 (AFP): Spain's public sector debt hit an 11-year high in the fourth quarter of 60.1 per cent of gross domestic product, central bank figures showed Friday. The public debt rose to 638.77 billion euros during the period,...

StanChart Korean unit to close 27 bank branches

2011-03-19 00:00:00

SEOUL, Mar 18 (Reuters): Standard Chartered's South Korean unit plans to close 27 of its 418 bank branches, the company said Friday. A spokeswoman at Standard Chartered Korea Ltd said that there would be no job cuts as a result...

Tata to hike car price from April

2011-03-19 00:00:00

NEW DELHI, Mar 18 (PTI): Tata Motors today said it will hike prices of its passenger vehicles by up to Rs 36,000 from April 1, while rivals Maruti Suzuki India and Hyundai are also mulling a similar move in order...

US-Pakistan relationship increasingly strained

2011-03-19 00:00:00

ISLAMABAD, Mar18: A rare condemnation by the Pakistan army chief of an especially deadly U.S. drone attack and Washington's abrupt dismissal of his concern is a sign of how troubled the strategically vital relationship between the two countries has become....

Biman and the proposed new airport

2011-03-19 00:00:00

Just a few days back, the caretaker of our apartment building came back smiling after paying the telephone and WASA bills, and even returned me Tk 20 from his conveyance allowance. He told me that he paid both bills at...

Threatening population boom: Steps needed for awareness

2011-03-19 00:00:00

Speakers at a dialogue on population said the government should form a human resource development (HRD) commission to formulate a national HRD policy. The idea, they pointed, is to rationalise the country's human resource use. The experts stressed on the...

Standard Chartered Bank

2011-03-19 00:00:00

This week the international FX markets were deeply affected by the earthquake in Japan. The Yen strengthened significantly on the back of strong anticipated repatriation by Japanese investors and a spike in risk aversion. The yen steadied around a four-month...

Unrest hurts trade in 'business friendly' Bahrain

2011-03-19 00:00:00

DUBAI, Mar 18 (AP): Bahrain's stock exchange and a few bank branches reopened Thursday, but business remained far from normal a day after soldiers and riot police overran an anti-government protest camp in the Gulf island kingdom. Airlines canceled flights....

PetroChina sees profit up 35.4pc in 2010

2011-03-19 00:00:00

BEIJING, Mar 18 (Xinhua): PetroChina Company Limited (PetroChina), China's largest oil and gas producer, reported Thursday that its net profit for 2010 surged 35.4 per cent from a year ago. PetroChina's net profit totaled 139.99 billion yuan (21.3 billion US...

Spain public debt at 11-year high

2011-03-19 00:00:00

MADRID, Mar 18 (AFP): Spain's public sector debt hit an 11-year high in the fourth quarter of 60.1 per cent of gross domestic product, central bank figures showed Friday. The public debt rose to 638.77 billion euros during the period,...

StanChart Korean unit to close 27 bank branches

2011-03-19 00:00:00

SEOUL, Mar 18 (Reuters): Standard Chartered's South Korean unit plans to close 27 of its 418 bank branches, the company said Friday. A spokeswoman at Standard Chartered Korea Ltd said that there would be no job cuts as a result...

Tata to hike car price from April

2011-03-19 00:00:00

NEW DELHI, Mar 18 (PTI): Tata Motors today said it will hike prices of its passenger vehicles by up to Rs 36,000 from April 1, while rivals Maruti Suzuki India and Hyundai are also mulling a similar move in order...

US-Pakistan relationship increasingly strained

2011-03-19 00:00:00

ISLAMABAD, Mar18: A rare condemnation by the Pakistan army chief of an especially deadly U.S. drone attack and Washington's abrupt dismissal of his concern is a sign of how troubled the strategically vital relationship between the two countries has become....

Severe traffic jam on highways forces people to turn to rails

Munima Sultana | 2011-03-19 00:00:00

Munima SultanaPassengers are now increasingly turning to railway to reach their destinations during extended holidays to avoid journey by roads and highways. This is mostly because of the horrific traffic jams that keep thousands of travellers stranded on the highways...

Country's 30pc deforestation due to tobacco manufacturing

2011-03-19 00:00:00

Although the government has given special priority to protection of forests to face the climate change phenomena, about 30 per cent of deforestation in the country has occurred due to tobacco manufacturing, according to an expert, reports UNB. "Smoking also...

Police to get Independence Award-11

2011-03-19 00:00:00

Bangladesh Police has been nominated for the Independence Award-2011 for its glorious contributions to the country's liberation war in 1971, as they first put up resistance at Rajarbagh Police Lines against the Pakistan occupation forces, reports UNB. Prime Minister Sheikh...

Foundation stone laying ceremony of UAP tomorrow

2011-03-19 00:00:00

The foundation stone laying ceremony of The University of Asia Pacific (UAP), one of the prestigious private universities of the country, will be held tomorrow (Sunday) on its campus at Green Road in the city, according to a press release....

Madrasah teacher held for violating girl student

2011-03-19 00:00:00

SYLHET, Mar 18 (UNB): A madrasah teacher was arrested on charge of violating a girl student here Wednesday. Police said Maulana Tofail Ahmed Osmani (40), hailing from Rajano village in Dirai Upazila of Sunamganj, founded a women madrasah and orphanage...

Father chops son to death

2011-03-19 00:00:00

RAJBARI, Mar 18 (UNB): A man chopped his minor son to death at Demnapara village in Pangsha Upazila today (Friday). The ill-fated boy was identified as Shimul, aged about 14 months, son of Majed Mondol of the village. Police said...

Women's food security most vulnerable in monga-hit areas

2011-03-19 00:00:00

Women are especially vulnerable in terms of attaining food security in monga-prone areas of northwestern region in the country, due to more limited job opportunities for them, reports UNB. The people of the region suffer a lot every year for...

AL activist jailed for violating electoral rule

2011-03-19 00:00:00

BHOLA, Mar 18 (UNB): A mobile court here Friday convicted a Awami League (AL) activist and sentenced him to 21 days' imprisonment for violating electoral code of conduct in union parishad election. The convict is identified as Sabuj (18), son...

Fire damages six abandoned buses in city

FE Report | 2011-03-19 00:00:00

FE ReportLocals allegedly set fire to at least six abandoned buses at Matuail in the capital Friday morning as owners did not shift those vehicles despite their repeated requests. But firefighters rejected the claim, saying that the fire originated from...

Art exhibition by Tripura artists begins at DU today

2011-03-19 00:00:00

A weeklong art exhibition by artists of Indian state of Tripura begins today (Saturday) at the Fine Arts Faculty of Dhaka University (DU), reports UNB. Paintings of 14 artists will be on display at the exhibition, which has been arranged...

No fan to stay around Mirpur stadium after today's match: DMP

FE Report | 2011-03-19 00:00:00

FE ReportNo cricket fan or members of the public will be allowed to stay around the Sher-e-BanglaNational Stadium immediately after the tigers' vital match against South Africa Saturday for security reasons, DMP Commissioner said Friday. Dhaka Metropolitan Police (DMP) took...

Teletalk special offer for GPA-5 recipients in HSC exam

FE Report | 2011-03-19 00:00:00

FE ReportTeletalk Bangladesh Ltd announced Friday that the company will distribute special SIM to the students who secured GPA-5 in the Higher Secondary Certificate (HSC) examination, a high official of the operator announced. Managing Director of Teletalk Bangladesh Ltd Mujibur...

MoU signed with UAE to boost coop in aviation sector

FE Report | 2011-03-19 00:00:00

FE ReportBangladesh signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) to boost mutual cooperation in the aviation sector, a UAE-based news agency said. Bangladesh Civil Aviation Authority (BCAA) signed the MoU with the General Civil Aviation...

Imperative is job-oriented education

2011-03-19 00:00:00

The country could be much better off today to fill positions in both private and public sectors, if the government had gone for greater spending of public resources on specialised educational institutions. There is a growing demand for qualified manpower...