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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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....
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...
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...
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...
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...
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....
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,...
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...
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...
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...
TOKYO, Mar 22 (AFP): Nissan will release a luxury hybrid car in Japan and the United States (US), a report said Sunday.
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...
ISLAMABAD, Mar 22 (AFP): Pakistan's chief justice Iftikhar Muhammad Chaudhry was reinstated Sunday, cheered on by hundreds of triumphant supporters 16 months after his surprise ouster threw the nation into chaos.The government's decision to restore Chaudhry, an independent figure in...
JOHANNESBURG, Mar 22 (AFP): South Africa's embassy in New Delhi has denied travel documents to Tibet's exiled spiritual leader the Dalai Lama, barring him from attending a peace conference in Johannesburg, activists said Sunday.The Dalai Lama had planned to join...
YOKOSUKA, Japan, Mar 22 (AFP): Japan must build its defence capabilities and strengthen its alliance with the United States, Prime Minister Taro Aso said Sunday, ahead of a planned rocket launch by North Korea.Aso cited the threat from North Korea,...
SKOPJE, Mar 22 (AFP): Macedonians began voting Sunday in presidential and local elections seen as crucial for the country's EU membership bid, amid tight security to prevent violence that has marred previous polls.Almost 1.8 million eligible voters were to choose...
SRINAGAR, India, Mar 22 (AFP): Five Indian soldiers and two Muslim rebels were killed in a gunbattle in Kashmir Sunday, police said, a day after Pakistani and Indian troops traded fire across the de facto border.The deaths came during some...
BANGKOK, Mar 22 (AFP): Thailand's premier refused Sunday to bow to opposition pressure and reshuffle his cabinet after he survived a no-confidence vote, in the latest round of a bitter political feud in the kingdom. After two days of bruising...
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