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Not everything is so hopeless

2009-03-23 00:00:00

Mozzamel HossainFAR too many people are already seen living in this tiny country in the physical sense. Thus, anxiety is expressed about the living space for this population which would become even greater in the future not to mention finding...

Need for demand-driven education

2009-03-23 00:00:00

Md. Joynal AbedinTo all appearances, this country is heading towards a middle-income economy. Right now, it is still a least developed country (LDC) with quite a very large portion of the population living hand to mouth. Obviously, there are a...

Invest in solar, not nuclear energy

2009-03-23 00:00:00

Fauzia ZebunNuclear energy should not be an option for a stark poor country like Bangladesh where proper up keep of even low-tech installations is so deplorable. It is very worrying indeed that lobbyists are once again active in trying to...

Addressing the problem of water in everyday life

2009-03-23 00:00:00

Dr. Shamsul AlamWater, water, everywhere, And all the boards did shrink. Water, water everywhere, Nor any drop to drink. -- Samuel TaylorThousands have lived without love, not one without water. -- W.H.AudenIt is the potential for economic growth that provides...

EU takes different approach to financial crisis

2009-03-23 00:00:00

BRUSSELS, March 22 (Xinhua): European Union (EU) leaders concluded their two-day spring summit on Friday with the adoption of a common position for the upcoming Group of 20 (G20) financial summit in London. The leaders made it clear that the...

WB Programme Manager meets office bearers of ICMAB

2009-03-23 00:00:00

World Bank Sr Programme Manager, Financial Management Unit, Operation Policy and Country Services M Zubaidur Rahman met the office bearers of the ICMAB at ICMA Bhaban in the city recently, said a press release. They discussed the progress about a...

Can world leaders learn lessons from 1933s at G20 summit ?

2009-03-23 00:00:00

LONDON, March 22 (AFP): The credit crunch is often compared to the 1930s Great Depression, but world leaders must hope April's G20 London summit does not flop like a 1933 conference which experts say has parallels to today. The London...

Economic ill winds hit Nigeria

2009-03-23 00:00:00

LAGOS, March 22 (AFP): After months of denial, authorities here have finally acknowledged that slumping oil income and a depreciating currency have taken a toll on Nigeria in the current global economic meltdown. The general perception at the end of...

Australia PM urges greater say for China in IMF

2009-03-23 00:00:00

MELBOURNE, March 22 (AFP): The International Monetary Fund (IMF) must give China a greater say if it wants to accurately reflect global economic reality in the 21st century, Australian Prime Minister Kevin Rudd said today. Rudd, a Mandarin-speaking Sinophile, said...

Singaporeans turning to Internet based rental outlets

2009-03-23 00:00:00

SINGAPORE, March 22 (AFP): A Louis Vuitton bag, diamond- inlaid guitar, Gucci shades and a dog. Total cost? Less than 1,000 Singapore dollars (654 US). The catch is, you're only renting. As consumers scrimp to survive the worst global economic...

China stimulus package to contribute 1.5-1.9 pc to growth

2009-03-23 00:00:00

BEIJING, March 22 (AFP): China's huge stimulus package is expected to contribute at least 1.5 per centto the nation's economic growth this year, a top official said Sunday, as the Asian giant continues to fight the crisis. Zhang Yutai, head...

World Forum pledges action on water, but rift over statement

2009-03-23 00:00:00

ISTANBUL, Mar 22 (AFP): A seven-day focus on the world's water crunch wound up here on Sunday with a pledge by more than 100 countries to strive for clean water and sanitation for billions in need and fight drought and...

China wants to restructure auto industry

2009-03-23 00:00:00

BEIJING, Mar 22 (AFP): China said Saturday it wanted to boost its auto industry by reducing the number of companies in the sector through mergers and promoting two or three carmakers to become the dominant players. The government's plans for...

BGMEA holds workshop on modern technique

2009-03-23 00:00:00

Our CorrespondentCHITTAGONG, Mar 22: A three-day workshop on 'Training and modernisation technique' arranged under the joint auspices of Bangladesh Garment Manufacturers and Exporters' Association (BGMEA) and German Technical Cooperation (GTZ) meant for the officials of Chittagong-based readymade garments (RMG) industries...

Rapport confce on 'human resource management' held

2009-03-23 00:00:00

FE Report Rapport Bangladesh Limited (RBL) organised the eighth international conference on 'Human Resource Management and Development-2009' at a city hotel recently, said a press release. Transparency International, Bangladesh (TIB) Board of Trustees Chairman Muzaffar Ahmed inaugurated the conference as...

Manpower Bureau creating skilled workforce for local private sector

2009-03-23 00:00:00

Sheikh Shahariar ZamanThe Bureau of Manpower, Employment and Training (BMET) is holding partnership programmes to create skilled workforce for the private sector."In addition to regular programmes, the BMET has taken up partnership programmes with a number of organisations including BGMEA,...

BCS Digital Expo begins Mar 25

2009-03-23 00:00:00

FE Report'BCS Digital Expo 2009' will begin at the Bangladesh China Friendship Conference Centre (BCFCC) in the city on March 25 to showcase BCS digital technology and products.Bangladesh Computer Samity (BCS) in cooperation with ICT Business Promotion Council of the...

Regional confce on back strap weaving begins in city

2009-03-23 00:00:00

The National Crafts Council of Bangladesh (NCCB) has organised a special crafts event Sunday for the first time in Bangladesh on the unique back strap weaving of the indigenous peoples. United Nations Development Programme (UNDP) sponsored the regional conference and...

Thrust on expansion of small, cottage industries

2009-03-23 00:00:00

FE ReportChairman of Bangladesh Small and Cottage Industries Corporation (BSCIC) Ashraf Mohammad Iqbal underscored Sunday the importance of rapid expansion of the sector in the country to alleviate poverty."Poverty and unemployment problems are the prime obstacles to the country's development....

Sonali Bank holds workshop on new clearing system

2009-03-23 00:00:00

FE ReportSonali Bank Limited (SBL) organised a workshop for its branch managers of Dhaka city recently to introduce them with the new clearing system. Deputy Managing Director of the bank Kazi Faqurul Islam inaugurated the workshop, while its senior consultant...

Govt support inadequate

2009-03-23 00:00:00

Our CorrespondentKHULNA, Mar 22: The effect of avian influenza infection and lack of adequate from the government to help rescue the industry from the crisis have forced almost half of this region's poultry farms to close down. Khulna Poultry Firms...

Agora gives prizes to 206 shoppers

2009-03-23 00:00:00

Project manager of World Vision Swapan Richil won a diamond ring by shopping from Agora, the first and largest superstore of the country.Rahimafrooz Superstores Ltd, the holding company of Agora, run a sales promotion campaign, Diamond Ring Offer, from January...

Call rate steady, dollar posts nominal gain

2009-03-23 00:00:00

FE Report The inter-bank call money rate remained steady Sunday due to central bank's active intervention. The US dollar, however, appeared slightly stronger against Bangladesh taka (BDT) in the moderately active inter-bank foreign exchange market, fund managers said.The call rate...

Govt borrows Tk 2.5b thru’ treasury bills

2009-03-23 00:00:00

FE ReportThe government borrowed Tk 2.5 billion (250 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 2.5 billion from the market in the week.The central bank conducted auctions of 364-day bills on the day....

B'Baria sweetmeat industry losing glory

2009-03-23 00:00:00

Our CorrespondentBRAHMANBARIA, Mar 22: Sweetmeat industry is on the verge of extinction in the district as the prices of ingredents have increased manifold and gone beyond the makers' buying capacity.The local sweetmeat items like Chhanamukhi, Rossmalai, Rajbhjog, Monda, Amirthi, Kalojam,...

SIBL holds workshop on implementation of Basel-II

2009-03-23 00:00:00

A workshop on implementation of Basel-II accounting system was organised for the executives and officers of Social Investment Bank Ltd (SIBL) at the training institute of the bank in the city recently.Chairman of the bank Abdul Awal Patwary was present...

HP delivers solutions to change economic tech

2009-03-23 00:00:00

FE ReportHP, the world's largest technology company has announced new products, solutions and services that enable business organizations to address the short-term cost reductions required by today's challenging economy, while laying the groundwork to exit the downturn stronger and more...

'Modest' Japanese CEOs escape public fire

2009-03-23 00:00:00

TOKYO, Mar 22 (AFP): While United States (US) bosses are under fire for 'fat-cat' bonuses, Japanese executives have largely avoided a row over corporate greed by cutting their own pay or even working for free during the economic crisis.When US...

Nissan to unveil luxury hybrid car

2009-03-23 00:00:00

TOKYO, Mar 22 (AFP): Nissan will release a luxury hybrid car in Japan and the United States (US), a report said Sunday.

corporatewatch

2009-03-23 00:00:00

Emergency board meetings EXIM Bank: As per Clause 30 of DSE Listing Regulations, an emergency board meeting of EXIM Bank Limited will be held at 12 noon today (Monday) for consideration of its accounts for the year that ended on...