Robert Wright FT Syndication ServiceLONDON: Improving returns in its struggling container shipping business is the number one priority for AP Moller-Maersk, the Danish group's first externally appointed chief executive has said on his first day in the job.Nils Smedegaard Andersen,...
FE ReportThe NAV of eight ICB mutual funds on the basis of market value of the portfolios as on September 30, 2007 was Tk 2540.97 of First ICB Mutual Fund, Tk 588.19 of Second ICB Mutual Fund, Tk 519.25 of...
Our CorrespondentRAJSHAHI, Nov 15: Due to political unrest at Nandigram of West Bengal, India, the import of commodities through Sona Masjid landport had declined drastically during the last couple of days. As a result, earning of revenue of the landport...
FE ReportTwo Australian readymade garments (RMG) importing houses have separately expressed their willingness to set up joint venture industry and import more items from Bangladesh. Representatives of those two houses among five leading RMG importing houses of Sydney have expressed...
FE ReportEmirates Airline is going to purchase a 120 Airbus A350s, 11 A380s and 12 Boeing 777-300ERs involving US$34.90 billion.In this connection, separate agreements were signed between Emirates Airline, Airbus and Boeing Commercial Airplanes in Dubai recently, according to a...
FE ReportA food fair styled 'Bangladesh Food and Cultural Festival' organised by Radisson Water Garden Hotel Dhaka will begin today (Friday).The festival will continue until November 23, said a press release.Since its inception in 2006, Radisson Water Garden Hotel Dhaka...
FE ReportJapanese Ambassador in Bangladesh Masayuki Inoue along with Resident Representative of Japan International Cooperation Agency (JICA) Nobuko Suzuki Kayashima, Secretary of the Ministry of Expatriates, Welfare and Overseas Employment Abdul Matin Chowdhury and Secretary of the Ministry of Labour...
BANGKOK, Nov 15 (AP): Most Asian markets fell Thursday after the overnight decline in US stocks, and as possible economic tightening measures in China pulled stocks down there as well as in Hong Kong and South Korea.Shares lost ground in...
Dividends Kohinoor Chemicals: The board of directors of Kohinoor Chemicals has recommended 18 per cent cash dividend for the year 2006-2007. The annual general meeting (AGM) of the company will be held at the Bangladesh-China Friendship Conference Centre, Sher-E-Bangla Nagar,...
ISLAMABAD, Nov 15 (AFP): Pakistan's former premiers Benazir Bhutto and Nawaz Sharif have agreed to join forces against President Pervez Musharraf, a top official in Sharif's party said Thursday. He said the two opposition leaders, who have been rivals in...
WASHINGTON, Nov 15 (Agencies): House Democrats pushed through a $50 billion bill for the Iraq war Wednesday night that would require President Bush to start bringing troops home in coming weeks with a goal of ending combat by December 2008...
NEW YORK ,NOV 15 (Reuters ): Gender may explain the considerable variation in the effectiveness of aspirin therapy in reducing the risk of heart attacks, researchers from Canada report. Their findings, published online in BMC Medicine, indicate that women may...
PARIS, Nov 15 (Agencies): Transport workers shut down most rail traffic in France for a second day Thursday, frustrating passengers forced to postpone trips and Parisians who had to walk, bike or skate to workThe government awaited a response to...
BAGHDAD, Nov 15 (Agencies): A suicide bomber rammed his car into a police patrol Thursday in northern Iraq, killing six people and wounding more than 20 - many of them children walking to school, police saidThe explosion happened around 8...
FERTILISER has remained a vexing issue for both the government and the farmers. The media has since long been covering stories about how the farmers face problems relating the supply of this vital input for agriculture, especially during the time...
Tim BondIF history is any guide, despite the economic strength visible in the second and third quarter, the current tightening of credit conditions pose a risk to US growth in 2008.The Federal Reserve's Senior Loan Officer Survey, conducted in October,...
ASM OliullahPARIMOL Chandra, a businessman who grew up in the old part of Dhaka city, saw how the rows of welding workshops came up on what once was Dholaikhal. The ceaseless sparks and a constant noise, out of the welding...
Rebecca BreamMORE than 20 years after the Chernobyl disaster, the question of whether to allow the construction of nuclear reactors remains one of the most controversial in the global energy industry.A growing desire to tackle the twin problems of climate...
THE rate of inflation has increased to well above 10 per cent. Consumers of the more numerous humble category with limited purchasing power in the country have been feeling the pressure of substantially increased prices of essential commodities. The free...
A notable progress has taken place in road communication with the neighbouring countries. Another dimension was added to it after the governments of Bangladesh and India took steps to resume rail communication between the two countries. But it proved a...
Tom Engelhardt in the concluding part of his two-part articleWHEN people look back on the Vietnam era, few comment on how connected the size and vigor of demonstrations were to a conception of government in Washington as responsible to the...
IPS Correspondents from ColomboWhile Sri Lanka's minister for human rights Mahinda Samarasinghe has denied allegations by a top United Nations official that torture is 'routine' in the country, there is little doubt that the renewed civil war has resulted in...
Irfan Shahzad from KarachiAccess to safe water may be touted as a human right, but inadequate supplies, crumbling water systems and the galloping needs of growing populations are forcing experts, government utilities and funding agencies to ponder over devising sustainable...
WASHINGTON, Nov 14 (Xinhua): The World Bank called yesterday for broader access to finance in developing countries, saying failure to provide more households and small and medium enterprises with the financial services they need acts as a brake on development....
ISLAMABAD, Nov 14 (PTI): The US said Tuesday Pakistan's move towards democracy has been "seriously set back" by the emergency, which could also hit the investor confidence in the country. "The US is urging your government not to throw away...
SINGAPORE, Nov 14 (AFP): The US housing slump will next year drag the world's biggest economy into a recession that will hit growth in Asia as well, investment bank Morgan Stanley said today. Stephen Roach the chairman of Morgan Stanley...
KUALA LUMPUR, Nov 14 (AFP): A free-trade deal between Malaysia and the United States is likely to be deferred until after President George W Bush leaves office, a US business group said according to a report today. US-ASEAN Business Council...
WASHINGTON, Nov 14 (Reuters): Pending sales of previously owned US homes unexpectedly rose in September, but the outlook for the housing market remains weak and there are signs consumers have tightened up on spending. Pending home sales rose 0.2 per...
SEOUL, Nov 14 (AFP): South Korea has improved its tariff offers to try to make a breakthrough in free trade talks with the European Union, a top trade official said today. Chief negotiator Kim Han-Soo said the sweetened offers would...
KATHMANDU, Nov 14 (Xinhua): Nepal's trade with the seven other South Asian countries grew by 8.2 per cent to 161.22 billion Nepali rupees (some 2.5 billion US dollars) in 2006/07, a government report stated today. The annual report of the...
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