Mure Dickie and Robin HardingFOR Taro Aso, the Japanese prime minister, the multi-trillion yen "Emergency Measures for the Defence of Livelihoods" he unveiled late last week are a vital effort to shield his nation from worldwide financial and economic turmoil."The...
Mark KonynA few years ago I met a rival chief executive of a major financial services company who was bemoaning the dearth of talent available in the Asian fund management industry. He correctly identified the genesis of the problem being...
Umesh PandeyAsia has become the hotbed for clean development mechanism (CDM) projects that are playing an increasing role in helping the world come to grips with climate change. To date about 65 per cent or 774 out of 1,186 CDM...
John Aglionby in JakartaNON-governmental organisations (NGOs) in Indonesia are threatening to resist a new rule requiring state approval of foreign funding.They argue that the interior ministry regulation revives the authoritarianism of the Suharto era, which ended in 1998.Activists fear that...
Syed Fattahul AlimAfter destruction of the natural environment over the last three centuries, man has come to realise what he has done. He made bold claims that the forces of nature were under his control. But his claims have no...
Md Layes UddinEstablishment of this mosque is quite miraculous. It is learnt from the local people that at about 275 years ago the inhabitants of the area heard that somebody was reciting the verses of the Holy Quran from inside...
Annika BreidthardtFreight derivatives are falling out of favour as traditionally conservative ship owners and brokers back out of the sort of speculation on volatile freight rates that has just claimed its highest-profile victim.Speculative capital has evaporated, and the economic crisis...
Rujun Shen and Eadie ChenChina's dramatic economic slowdown is paying an environmental dividend, slashing emission levels from the world's biggest greenhouse gas emitter as its highest-carbon industries begin to contract.The question Beijing will soon face is how it will manage...
Enayet RasulThe official claim is that the annual population growth rate is some 1.48 per cent. But this estimate is seriously and reliably contended by other non official estimates which say that the growth rate is at least 3 per...
Vidya RanganathanThe Fed's new policy of flooding U.S. markets with cash may play well into the hands of Asian policy makers if it weakens the dollar, allowing them to cut rates faster and shift focus to limiting currency gains.Asian central...
Nick CareyBeleaguered Americans may have to trim the size of their Christmas tree this year or cut back on gifts to afford one, but few will do without the holiday centerpiece no matter how bad the economy.Industry insiders from tree...
Jon Gerty As funds of funds line up to reveal significant exposures to the alleged fraudulent activities at Bernard L Madoff Investments Securities and Petters Company, anxious investors are understandably looking for someone to blame.Exposure to the recent frauds has...
GAZA CITY, Dec 19 (AFP): Tension surged in and around Gaza Friday as the Islamist rulers of the besieged Palestinian enclave declared an end to the troubled truce with Israel and warned they would respond to any attack.Shortly after the...
BAGHDAD, Dec 19 (AP): The Iraqi journalist who threw his shoes at President George W. Bush was beaten after the incident and had bruises on his face and around his eyes, the judge in the case said Friday.Judge Dhia al-Kinani,...
Ethiopia has missed the deadline set out in a peace deal to withdraw its forces from Somalia, but has promised to go by the end of December, reports BBC.The recent agreement between the transitional government and Islamist opposition set Friday...
MUMBAI, Dec 19 (AP): Rights group Amnesty International has criticised India's proposed new anti-terror laws. The new laws allow suspects to be detained without bail for up to six months on the orders of a judge and tighten other procedures.Parliament...
Pregnant women at risk of delivering early should not be given too many doses of steroids, say researchers, reports BBC.The drugs are given to promote lung development in the foetus and increase the chances of survival.But a study of 1,800...
KABUL, Dec 19 (AFP): Pakistani President Asif Ali Zardari today was forced to postpone a trip to Afghanistan for talks with his counterpart Hamid Karzai on the anti-terror fight due to bad weather, officials said. The two leaders were due...
HARARE, Dec 19 (AFP): Zimbabwe President Robert Mugabe has accused the United States of urging African nations to topple him, adding that none were "brave enough to do that," state media reported Friday.US Secretary of State Condoleezza Rice recently called...
North Korea has accused the South of sending an agent to try to assassinate its reclusive leader, Kim Jong-il.It said the man crossed the border earlier this year and had been planning to use poison to kill Mr Kim.The man,...
Pakistan honours Bhutto with coin, one year after death ISLAMABAD, Dec 19: Pakistan will issue a new 10- rupee coin in honour of slain former premier Benazir Bhutto to coincide with the first anniversary of her death in a suicide...
FE ReportPrices of different varieties of fine and coarse rice showed an upward trend in the city's retail markets during the last week while prices of poultry birds and onion came down significantly.Besides, prices of vegetables came down slightly due...
FE Report BRAC Bank Limited has opened its Hajiganj branch at Mokimabad of Hajiganj in Chandpur.Managing Director and Chief Executive Officer (CEO) of the bank AEA Muhaimen inaugurated the branch Wednesday, said a press release.With the opening of the branch,...
FE Report Eastern Bank Limited (EBL) opened its 31st branch at Board Bazar in Gazipur Thursday, said a press release. EBL Managing Director and Chief Executive Officer (CEO) Ali Reza Iftekhar formally inaugurated the branch.Also present at the inaugural ceremony...
FE Report Social Investment Bank Limited (SIBL) and Lotus Forex Hong Kong signed an electronic fund transfer (EFT) agreement in Hong Kong recently, said a press release. SIBL Additional Managing Director Abu Sadek Md Sohel and Lotus Forex Manager Jayati...
FE Report Dutch-Bangla Bank Limited (DBBL) recently organised a four-day plastic surgery programme in Rangpur district for the poor cleft-lipped boys and girls to bring back the endearing smile on their faces at its own cost under the DBBL 'Smile-Brighter'...
Sarwar ZahanThe inter-bank call money rate retained its high level last week despite injection of fresh cash into the market, as there was supply constraint, fund managers said.Funds drained out before Eid vacation were yet to return to the banking...
December 14-December 18, 2008 Commercial Bank of CeylonUS dollar retained its bullish tone against Bangladeshi taka last week due to significant import volume with a relatively lower volume of inward remittances. The demand prevailed until the end of the week....
Gautam Gambhir hit an unbeaten century and was ably supported by Rahul Dravid as India dominated day one of the second Test against England in Mohali, reports BBC. Despite losing the toss, England struck early when Stuart Broad removed Virender...
Sri Lanka will tour Pakistan next year following the withdrawal of India, the Pakistan Cricket Board has confirmed, reports BBC. India pulled out Thursday after receiving government advice in the wake of November's attacks in Mumbai. Sri Lanka, currently in...
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