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Indonesian budget airline plans IPO next year

2011-02-26 00:00:00

JAKARTA, Feb 25 (AFP): Indonesian airline Lion Air is to sell around a third of the company through an initial public offering in the first half of 2012 to raise $1 billion, the company said Friday. "We plan to only...

Asian share mixed as oil prices fall

2011-02-26 00:00:00

HONG KONG, Feb 25 (AFP): Asian stocks were mixed Friday as an easing in oil prices caused by OPEC's promise to boost output was tempered by uncertainty over the ongoing political crisis on Libya. And the euro extended its recent...

Libya on edge as Gaddafi forces fight back in west

2011-02-26 00:00:00

BENGHAZI, Feb 25, (agencies): Libya was on edge Friday as forces loyal to Moammar Gaddafi crumbling regime staged a bloody fight back in western towns near Tripoli, as the east declared itself free of his iron-fisted rule. Outraged Western governments...

Al-Qaida deputy blasts coptic church in Egypt

2011-02-26 00:00:00

CAIRO, Feb 25 (AP): The deputy to Osama bin Laden issued al-Qaida's second message since the Egyptian uprising, accusing the nation's Christian leadership of inciting interfaith tensions and denying that the terror network was behind last month's bombing of a...

Protests continue in Yemen

2011-02-26 00:00:00

SANAA, Feb 25:(CNN): Another report adds: Thousands of demonstrators, mostly students, were lining the streets outside Sanaa University Friday as anti-government protests continued. That protest was countered by a pro-government demonstration on Tahrir Square, where thousands waved flags and held...

Indebted Irish to wreak revenge on leaders in vote

2011-02-26 00:00:00

The ruling Fianna Fail party is braced for a record kicking with opinion polls suggesting it will only retain around 20 seats in the 166-seat parliament, ending the dominant position it has commanded in Irish politics since independence from Britain...

Seven killed on Iraq 'Day of Rage'

2011-02-26 00:00:00

BAGHDAD, Feb 25 (agencies): Angry protesters hurled stones in Baghdad Friday as thousands of demonstrators flooded streets across Iraq for a "Day of Rage" that left seven people dead in clashes with police. Around 5,000 demonstrators gathered at Baghdad's Tahrir...

Four dead as militants blow up 11 NATO tankers

2011-02-26 00:00:00

KARACHI, Feb 25: Militants in northwestern Pakistan blew up at least 11 tankers carrying fuel for NATO troops in neighbouring Afghanistan Friday, killing four people, police said. The rebels struck at a terminal on the outskirts of Peshawar, the capital...

Tens of thousands rally against Tunisian govt

2011-02-26 00:00:00

TUNIS, Feb 25: Tens of thousands of Tunisians, most of them students, rallied Friday to demand the resignation of the country's transitional goverment, an AFP correspondent reported. Police at the scene estimated the crowd at more than 100,000, while army...

Thailand police investigate baby sales ring

2011-02-26 00:00:00

BANGKOK, Feb 25: Thai police talk to the Vietnamese women at the Immigration Police Bureau in Bangkok on 24 February 2011 Bangkok police made the arrests after the women appealed to the Vietnamese embassy for help . - BBC

University creates William and Kate scholarship

2011-02-26 00:00:00

LONDON, FEB 25 (AP): The Scottish university where Prince William and Kate Middleton met and studied is giving the royal couple an early wedding gift - a scholarship in their honour. -AP

American CIA contractor appears in Pakistani court

2011-02-26 00:00:00

LAHORE, Feb 25: Pakistan's state TV says an American CIA security contractor is appearing in court in connection with accusations he murdered two Pakistani men. -AP

3 young girls killed in Mexico border attack

2011-02-26 00:00:00

CIUDAD JUAREZ, Feb 25: Gunmen opened fire on six children playing in the yard of a home in the border city of Ciudad Juarez, killing three girls aged 12, 14 and 15, prosecutors said Thursday. -AP

12 women die on Indian maternity ward

2011-02-26 00:00:00

JODHPUR, (India), Feb 25: Twelve women have died shortly after giving birth in an Indian state hospital, sparking a police investigation into contaminated intravenous fluids, doctors and police said Friday. Another three pregnant women who received drips at Umaid Hospital...

Independence & National Day celebrated in districts

Our Correspondent | 2011-02-26 00:00:00

Our Correspondent RANGPUR, Mar 27: The 41st Independence and National Day was celebrated here in Rangpur in a befitting manner on Saturday recalling the supreme sacrifices made by millions of people in 1971 liberation war. In Rangpur the day began...

Kushtia jute mill facing closure

A Correspondent | 2011-02-26 00:00:00

A CorrespondentKUSHTIA, Mar 27: The Northern Jute Mills is on the verge of closure due to shortage of yarn and mismanagement. According to sources the Mills was set up under Sadar upazila in1983. The name of it was Northern Jute...

Sugarcane crushing ends at NBSM in Natore

Our Correspondent | 2011-02-26 00:00:00

Our CorrespondentNATORE, Mar 27: North Bengal Sugar Mills Ltd, Gopalpur in Natore district known as NBSM has completed its crushing season on March 22. The NBSM has incurred a loss of about Tk 10 crore by producing sugar in this...

JAP sweeps Rajshahi bar assoc polls

Our Correspondent | 2011-02-26 00:00:00

Our CorrespondentRAJSHAHI, Mar 27: Jatiyatabadi Ainjibee Parishad (Nationalist Lawyers' Association) made a landslide victory in the elections of Rajshahi Advocate Bar Association held Thursday. Nazmus Sadat and Jamsed Ali panel bagged 15 posts including the posts of the President and...

Int'l trade fair begins in Khulna

Our Correspondent | 2011-02-26 00:00:00

Our Correspondent KHULNA, Mar 27: Various development programmes have been implemented by this government in this region and the development will be continue in this area when Padma Bridge is constructed, development of Mongla Port and 1000 MW power plant...

Govt plans new body to help execute stock market reforms

Nazmul Ahsan | 2011-02-25 00:00:00

Nazmul AhsanThe government has moved to form a high-powered committee next week to assess liquidity crisis in the stock market, analyse margin loan regulations and find loopholes in the share trading system, officials said Thursday. The move comes as part...

Pubali Bank Computer Lab opens

FE Report | 2011-02-25 00:00:00

FE ReportPubali Bank Ltd has recently inaugurated a modern Computer Lab for development of human resources of the bank to gain practical training in the IT sector. Chairman, Board of Directors of Pubali Bank Hafiz Ahmed Mazumder MP formally inaugurated...

CSE training concludes

2011-02-25 00:00:00

CHITTAGONG, February 24: Bangladesh Institute of Capital Market, an educational institute meant for capital market has concluded its training program organized for CSE compliance officers and awarded certificates to the trainees at the CSE Conference Hall here today. CSE's former...

Cleaner tech in leather sector stressed

2011-02-25 00:00:00

EU Switch Asia Re-Tie Bangladesh Project organised a workshop on Cleaner technology and better maintenance of machineries of Bangladeshi leather industry at Hazaribag Wednesday in the city. National and international experts discussed elaborately on cleaner technology and better maintenance of...

ICC dialogue rescheduled

2011-02-25 00:00:00

A dialogue on 'New Foreign Exchange Regulations' organised by International Chamber of Commerce-Bangladesh (ICC) will be held at Bangabandhu International Conference Centre in the city on March 5 instead of February 28, said a press release. The main objective of...

Taiwanese co to invest $25m

2011-02-25 00:00:00

Taiwanese company M/S Inesca Outdoor (BD) Ltd will invest $25.073 million to set up an outdoor garments industry in Mongla Export Processing Zone (EPZ). The company will produce tents, sleeping bags and outdoor garment items with creating employment for 3998...

Local laptops to hit market in June: Raju

FE Report | 2011-02-25 00:00:00

FE Report Post and Telecommuni­cations Minister Raziuddin Ahmed Razu Thursday said Telephone Shilpa Sangstha (TSS)-made laptops will come into local market by June. The prices of laptop with one year warranty will range from Tk 15,000 to Tk 21,000, Mr...

Ban on salt import on cards to save affected growers

Syful Islam | 2011-02-25 00:00:00

Syful Islam A move is underway to ban import of salt with a view to saving its producers and small-scale refiners, official sources have said. "Most of the opinions that came from both the private sector and government functionaries are...

High feed prices take a toll on poultry sector

Arafat Ara | 2011-02-25 00:00:00

Arafat AraHigh feed prices have put the local poultry farm owners in dire straits, as they have to sell birds and eggs at prices 'considerably lower' than the cost of production, the sector insiders said. "The owners of poultry farms...

Entrust teams up with TTL

2011-02-25 00:00:00

Entrust Inc. has signed a partnership agreement with Tusuka Technotrade Limited (TTL) of Bangladesh to provide identity-based security solutions in government, financial and enterprise verticals. Entrust president and chief executive officer Bill Conner said, "Bangladesh is one of the world's...

DCCI to send business delegation to Myanmar

FE Report | 2011-02-25 00:00:00

FE ReportA six member delegation from Myanmar led by the Chairman of Myanmar Pharmaceutical and Medical Equipment Entrepreneurs' Association Dr Win Si Thu called on President of Dhaka Chamber of Commerce and Industry (DCCI) Asif Ibrahim at DCCI Thursday to...