FE ReportThe fate of the Dhaka-Kolkata train service is now hanging in balance due to non-responsive attitude of India on the draft agreement vis-à-vis a delay over fencing on the border by the Bangladesh government.No further progress concerning the direct...
FE Report The Bangladesh Bank (BB) sold Thursday US dollar as part of its ongoing move to keep the foreign exchange market stable.The central bank sold US$21 million at prevailing market rate to four commercial banks on the day to...
THE internet breakdown from last Tuesday for 15 hours was the 27th such disruption since the submarine cable connection was operationalised in 2006 to link Bangladesh to the worldwide information and telecommunication superhighway. The submarine cable connection after its becoming...
Senjuti BaruaTHE world is changing fast. Overall environment, beaches and forests are severely getting affected by pollution thanks to the growing population of the world. In the last 50 years, people have generated 80,000 types of chemicals. Of them, there...
Martin Wolf"THE increase in China's energy demand between 2002 and 2005 was equivalent to Japan's current annual energy use." This nugget of information, buried in the International Energy Agency's latest World Energy Outlook, tells one almost all one needs to...
Joe Leahy IN a country that has struggled to build conventional electricity infrastructure, India has enjoyed surprising early success with the development of wind energy.Much of this is due to the rise of a strong entrepreneurial culture in the sector,...
A country will experience inflows and outflows of resources from it and these are to be considered as legitimate activities in many cases. But when the outflows to a large extent are the outcome of illegitimate operations, then the economy...
THE standards of the private universities and educational institutions at higher levels of learning in the country do need to be raised in many cases as far as the facilities of education are concerned. A good number of such institutions...
Kimia Sanati from TehranLabour protests and strikes, though firmly suppressed in Iran, are gaining momentum as failure to manage the frail economic structure pushes more and more state-owned factories and private enterprises into bankruptcy. Alongside, hopes of any improvement in...
Stephen Leahy from Brooklin, CanadaToday's skyrocketing fossil fuel use will accelerate far faster in the coming decades, driving oil prices higher and virtually guaranteeing catastrophic climate change in the decades to come, energy experts say.Emissions of greenhouse gases could increase...
Elizabeth Eames Roebling from Sata DomingoThe bus carrying relief volunteers from the Colectiva de Mujeres y Salud stopped at the flooded Bao River, about three hours' drive from the capital, unable to cross.Its 40 occupants, mostly women, unloaded the mattresses,...
John DizardWITH spot gold now hovering around the $800 an ounce price level, you would think the goldbugs would be joined by a frenzied public snorting up of gold shares and Krugerrands. Volatility should be jumping to record levels, and...
GENEVA, Nov 15 (AFP): Developing country trade ministers will meet in Geneva today amid increasing pessimism on chances for a breakthrough in multilateral trade liberalisation talks at the World Trade Organisation (WTO). Eight ministers from the Group of Twenty (G20)...
WASHINGTON, Nov 15 (Xinhua): East Asian economies are likely to remain robust in 2008 despite growing concerns about the US subprime crisis and increasing global oil prices, the World Bank said in its East Asia and Pacific Update released here...
TOKYO, Nov 15 (AFP): Japan Post Bank, the giant bank created last month when Japan broke up its post office, said today it was suspending remittances to Iran because of US financial sanctions. "We are suspending operations for international remittances...
MIDRAND, South Africa, Nov 15 (Agencies): Growth rates in sub-Saharan African economies are finally catching up with the rest of the world after lagging behind for the last three decadeds, a World Bank report said yesterday. Long periods of decay...
WASHINGTON, Nov 15 (AFP): China's economy is 40 per cent smaller than most recent estimates, a US economist said yesterday, citing data from the Asian Development Bank and guidelines from the World Bank. Albert Keidel, a senior associate at the...
BUDAPEST, Nov 15 (Reuters): Global impacts resulting from the US subprime mortgage market crisis are not over yet but more information is needed to determine their full extent, Organisation for Economic Cooperation and Development (OECD) Chief Angel Gurria said in...
THIMPHU, Nov 15 (PTI): The Bhutanese economy grew by 8.5 per cent in 2006 with the gross domestic product (GDP) increasing to Nu 31.6 billion from the previous Nu 29.2 billion, the National Statistical Bureau said. The growth was achieved...
SINGAPORE, Nov 15 (Reuters): Oil prices hovered near $94 today bolstered by US supply concerns ahead of winter, while copper prices in Asian markets rose more than 1 per cent after an earthquake struck the world's top copper producer Chile....
FE ReportA bilateral agreement for 'house building loan refinance scheme' was signed between Bangladesh Bank (BB) and Phoenix Finance and Investments Limited (PFIL) at BB head office in the city recently, said a press release.BB General Manger Das Gupta Ashim...
FE ReportBuyers were active throughout the sale and as a result prices were generally fully firm to slightly dearer particularly the well made good liquoring and Brokens and Fannings. There was active interest from Blenders and Packeteers whilst Loose tea...
FE ReportGrameenphone (GP) Limited installed a medical booth, a phone booth, three water purifiers and a Flexiload counter to provide services to the pilgrims at the permanent Hajj Camp in the city recentlyMinistry of Religious Affairs Deputy Secretary and Hajj...
TOKYO, Nov 15 (AFP): The dollar softened against the euro in Asian trade today after better-than-expected growth in the eurozone contrasted with concerns about a slowdown in the United States, dealers said. The euro climbed to 1.4674 dollars in Tokyo...
IOI Corporation, the world's largest publicly traded palm oil producer, said first-quarter profit surged 77 per cent as the price of the commodity jumped according to Internet. Net income advanced to 451.5 million ringgit ($134 million), or 7.37 sen a...
Our CorrespondentCHITTAGONG, Nov 15: Packaging system of frozen fish needed to be improved to boost its export. The very importance of packaging should be considered in the context of the changing situation the scope of export under the traditional production...
FE ReportA discussion meeting on 'Corporatisation of Janata Bank' was held at the bank's conference room in the city Wednesday, said a press release. Chairman of the bank's board of directors Suhel Ahmed Choudhury was present as the chief guest...
FE Report Mutual Trust Bank (MTB) Ltd has recently opened its 26th branch at Madaripur to extend its services to the people of Madaripur district, said a press release.Noted industrialist and Chairman of MTB Samson H Chowdhury formally inaugurated the...
FE ReportNasiruddin Ahmed Chowdhury has been elected the new president of Chittagong Stock Exchange (CSE) for the year 2008.Chowdhury was elected in a meeting of the CSE board Thursday, held in Chittagong, said a press release. Fakhor Uddin Ali Ahmed,...
FE Report Mutual Trust Bank (MTB) Ltd has recently opened its 26th branch at Madaripur to extend its services to the people of Madaripur district, said a press release.Noted industrialist and Chairman of MTB Samson H Chowdhury formally inaugurated the...
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