FE Today Logo

Search results for:


Kalam's visit to Dhaka

2009-07-24 00:00:00

Dr. APJ Abdul Kalam's three-day visit to Bangladesh has been an enlivening experience for the local intelligentsia and the scientific community. In Bangladesh context, his lectures bear significance as the nation is in the midst of choosing its priorities for...

Uniform income tax limit for all

2009-07-24 00:00:00

Bangladesh achieved independence 38 years ago, but we are not behaving like an independent people. Government policies are not often rational. For example, a government officer has to pay no income tax on his or her salary up to a...

Dysfunctional regulatory activities

2009-07-24 00:00:00

BUSINESSES want deregulation and decontrol, in line with the principles of market economy, although healthy development of market economy requires effective and updated regulations. While bureaucratic impediments are not desirable, healthy growth of business activities requires efficient governmental regulatory bodies...

The responsibilities of the youth

2009-07-24 00:00:00

THE Charter of the United Nations expresses the resolve of the peoples of the world to save subsequent generations from the curse of war. The UN resolution 1572 (XV) of December 18, 1960, stresses on the education of youthful citizens...

European markets fall modestly

2009-07-24 00:00:00

LONDON, Jul 23 (AP): European stock markets fell modestly Thursday despite Asian gains earlier as investors pored over a raft of earnings across the continent and awaited another batch of US results.The FTSE index of leading British shares was down...

Russia keen to invest in Bangladesh

2009-07-24 00:00:00

Our CorrespondentCHITTAGONG, July 23: Chittagong Chamber of Commerce and Industry (CCCI) board of directors exchanged views with the outgoing Indian Assistant High Commissioner (HC) Subrata Bhattacharjee and Russian Consul General Oleg N Evdiv at the Chamber House Wednesday.They discussed matters...

US stock index futures point to higher open

2009-07-24 00:00:00

NEW YORK, Jul 23 (Reuters): Stock index futures pointed to a higher open on Wall Street on Thursday, as investors braced themselves for a slew of earnings news including results from Microsoft, McDonald's and American Express.At 5.10 a.m. ET futures...

Asian stocks rise

2009-07-24 00:00:00

TOKYO, July 23 (Bloomberg): Asian stocks rose for an eighth day, led by automakers and technology companies, as a weaker yen boosted the prospects for Japanese export earnings and US housing prices unexpectedly gained. Japan's Funai Electric Co., which gets...

IMF welcomes China's progress on currency

2009-07-24 00:00:00

WASHINGTON, July 23 (AFP): The International Monetary Fund yesterday welcomed China's progress on liberalizing its currency, but said some countries still view the yuan or renminbi as "substantially undervalued." The IMF executive board "welcomed the important progress made in the...

Oil higher in Asian trade

2009-07-24 00:00:00

SINGAPORE, July 23 (AFP): Oil was higher in Asian trade today as investors focused on Federal Reserve chairman Ben Bernanke's comments about the US economy, analysts said. New York's main contract, light sweet crude for September delivery, put on nine...

Taiwan, Bangladesh to work unitedly for ensuring economic development

2009-07-24 00:00:00

Our CorrespondentCHITTAGONG, July 23: Taiwan and Bangladesh are interested in working unitedly for ensuring overall economic development through proper utilisation of unique geographical location and prioritised market facilities.In this connection, Bangladesh based Taiwan Trade Centre (TTC) Director Woody Wang made...

Water crisis hampers jute farming

2009-07-24 00:00:00

Our CorrespondentTANGAIL, July 23: Farmers of the district are losing their interest in the cultivation of jute due to crisis of water for rotting jute.According to the Department of Agriculture Extension (DAE), 18,000 hectares of land were brought under jute...

Dollar higher against yen in Asia

2009-07-24 00:00:00

TOKYO, July 23 (AFP): The dollar strengthened against the yen in Asian trade today as renewed worries about the US economy and banking sector rekindled demand for safe-haven assets, dealers said. The dollar rose to 93.70 yen in Tokyo morning...

Canada to test drinking water at embassies around the world

2009-07-24 00:00:00

OTTAWA, July 23 (Xinhua): Canada plans to dispatch consultants to about 160 of its embassies, consulates and high commissions around the world to test the drinking water there, local media reported yesterday. Drinking water from taps and bottles, and in...

SKorea to help set up stock exchange in Laos

2009-07-24 00:00:00

SEOUL, July 23 (AFP): The operator of South Korea's stock market said today it has reached agreement with the Laotian government to jointly set up a stock exchange in the communist state next year. The Korea Exchange said it will...

North Korea calls Clinton vulgar, unintelligent

2009-07-24 00:00:00

PHUKET, (Thailand), July 23 (Reuters): North Korea has no friends left to shield it from the international community's demands that the country scrap its nuclear activities, US Secretary of State Hillary Clinton said on Thursday.Clinton said many nations had told...

Iraq and US vow renewed alliance

2009-07-24 00:00:00

The leaders of the US and Iraq have vowed that co-operation between the two nations can help bring peace to Iraq, during talks at the White House, reports BBC.US President Barack Obama pledged to keep to a commitment to withdraw...

Thai security forces destroy motorcycle near conference

2009-07-24 00:00:00

PHUKET, (Thailand), July 23 (AP): Security forces guarding an Asian security conference on this resort island Thursday destroyed a motorcycle they suspected was loaded with explosives. It was later determined that the bike was not armed, an army official said.The...

Pendulum heart cured by spine operation

2009-07-24 00:00:00

A teenage girl whose heart was pushed to the wrong side of her body by a rare spine deformity has been cured by surgery, reports BBC.Koryn McFadden, an 18-year-old nursery nurse from Corby, Northants, had scoliosis, a curvature of the...

news digest

2009-07-24 00:00:00

US strike may have killed bin Laden's sonWASHINGTON, July 23: One of Osama bin Laden's sons may have been killed by a US missile strike in Pakistan earlier this year, National Public Radio reported Wednesday. Saad bin Laden, the Al-Qaeda...

Thai BoI team sees agri, light industry sectors as key driver of trade, investment

2009-07-24 00:00:00

FE ReportThe Board of Investment (BoI) of Thailand has identified agricultural and light industry sectors such as frozen foods, leather and textile as a key driver of trade and investment between the two countries.The identification was made during a meeting...

Sonali Bank goes online

2009-07-24 00:00:00

Sonali Bank Limited, the largest commercial bank in the country, has launched on-line and SMS banking services initially in 15 branches in the capital to facilitate its customers, said a press release. The bank will extend the on-line and SMS...

Severe loadshedding cripples business in B'baria

2009-07-24 00:00:00

Our CorrespondentBRAHMANBARIA, July 23: Load-shedding has alarmingly increased in Brahmanbaria. The people of Brahmanbaria have to suffer severe heat in both day and night. The shopkeepers do not close their shops at 8 P.M. The students are not able to...

French envoy visits Lafarge Surma plant

2009-07-24 00:00:00

FE Report French Ambassador in Bangladesh Charley Causeret along with his wife visited Lafarge Surma Cement plant at Chhatak in Sunamganj Thursday, said a press release. They visited different sites of the operation of the plant including the control room,...

Dhaka Club, ICRI Research Bangladesh ink deal

2009-07-24 00:00:00

From now on members of Dhaka Club Limited and their families will get corporate benefit in top 40 Indian hospitals.In this connection, a memorandum of understanding (MoU) was signed between Dhaka Club and ICRI Research Bangladesh Limited, representing Institute of...

CSE brokerage house opens branch at Khatunganj

2009-07-24 00:00:00

CHITTAGONG, July 23: Kabir Securities Ltd, a leading member of CSE, has opened its 4th branch at Khatungonj in Chittagong to increase its client range. Nasiruddin Ahmed Chowdhury, president of CSE, was the chief guest while chief executive of the...

Increase in pensioners' benefit recommended

2009-07-24 00:00:00

Sheikh Shahariar ZamanThe secretaries' committee formed for reviewing the pay-scale has recommended to increase benefits for pensioners, said finance ministry sources.The committee suggested 50 per cent pension hike for the pensioners above 60 years old, and 40 per cent for...

GSMA urges govt to eliminate mobile SIM card tax

2009-07-24 00:00:00

FE Report The GSMA, which represents the interests of the worldwide mobile communications industry, has urged the Bangladesh government to eliminate the SIM card tax. "The growth of the mobile industry in Bangladesh has come to a halt due to...

Prime Bank holds 'Customers get-together' in Chittagong

2009-07-24 00:00:00

Prime Bank arranged a get-together in honour of valued clients, patrons and well-wishers of the bank in Chittagong region in the Chittagong Club recently.Prime Bank Chairman Azam J Chowdhury was present on the occasion as the chief guest.The bank's executive...

CSE brokerage house opens branch at Khatunganj

2009-07-24 00:00:00

CHITTAGONG, July 23: Kabir Securities Ltd, a leading member of CSE, has opened its 4th branch at Khatungonj in Chittagong to increase its client range. Nasiruddin Ahmed Chowdhury, president of CSE, was the chief guest while chief executive of the...