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High-level PRS meet with donors deferred

2007-11-08 00:00:00

FE Report A high-level meeting with the country's major donors, slated for this month, has been postponed in view of the government's lack of preparations, a top official said. The bi-annual Poverty Reduction Strategy (PRS) Implementation Forum meeting, which was...

Chevron's seismic survey in Block 14 begins in Jan

2007-11-08 00:00:00

M Azizur RahmanUS oil giant Chevron has planned to conduct a three-dimensional (3D) seismic survey at northeastern Moulavi Bazar under Block 14 in January 2008 to explore new gas reserve.The survey will cover around 152 square kilometers of area that...

WB action plan to expedite implementation of CBSP

2007-11-08 00:00:00

FE Report The World Bank (WB) has proposed a nine-point action plan for the Bangladesh Bank (BB) to expedite the implementation of ongoing central bank strengthening project (CBSP).The plan covers procurement of information technology (IT) packages.A WB team that concluded...

Gap in rice prices between wholesale and millers' levels large

2007-11-08 00:00:00

FE ReportPrices of fine and coarse varieties of rice in the city's wholesale market are too high compared to those at millers' level across the country, sources said.They said prices of per maund of fine and coarse rice, including the...

Cement makers in trouble as demand falls due to rise in output costs

2007-11-08 00:00:00

Cement manufacturers are in trouble due to a slump in construction activities against the backdrop of a steady rise in output costs, reports bdnews24.com. "Local demand for cement is very poor. It appears that the construction sector is in depression...

Regulatory Reform Commission CEO appointed

2007-11-08 00:00:00

FE Report The government has appointed Golam Rabbani, a joint secretary, as the chief executive officer (CEO) of the newly-established Regulatory Reform Commission.In addition, five deputy secretaries have been transferred to the commission secretariat, housed at the Board of Investment,...

49-man trade team to visit Malaysia

2007-11-08 00:00:00

FE ReportA 49-member trade delegation will visit Malaysia on November 12-15 aiming to reduce Bangladesh's trade deficit with that country.The delegation, comprising importers, exporters and investors from different trade bodies, will attend the INTRADE Malaysia 2007, organised by Bangladesh- Malaysia...

Building confidence in the tax admin

2007-11-08 00:00:00

The National Board of Revenue (NBR) has lately taken some welcome steps towards restoring the confidence of the business community. Such steps have come in the changed situation where measures have been taken to ensure compliance of the taxpayers through...

Pricey milk, its scarcity and insufficient nutrition

2007-11-08 00:00:00

Enayet RasulTHE nutritional state of the people of Bangladesh is seen as among the poorest in South Asia, not to talk about the rating in the world context. But there is time to think and take actions because the situation...

Israeli economy reaps benefits of exploiting globalisation

2007-11-08 00:00:00

Tobias BuckWHILE Israeli and Palestinian negotiators grope their way towards a US-sponsored peace meeting in Annapolis later this year, investors and economists are struggling with a different problem: how to justify the strength of the Israeli economy.Last year's botched war...

Private medical education needs improvement

2007-11-08 00:00:00

Ahmed AliOUT of 35 private sector-run medical colleges in the country, many are, reportedly, medical colleges in name only. The operating licences to 25 of them were allegedly given on political considerations or under the influence of powerful quarters. The...

Pressure tactics on caretaker government

2007-11-08 00:00:00

A government, worth its name, must be free to exercise its authority. It may be a caretaker government but that does not mean that it should be run according to the wishes or dictates of outsiders. In that case, it...

Upholding human rights

2007-11-08 00:00:00

POLICE excesses are fairly common in Bangladesh. Deaths of detained persons, in police custody, were reported in newspapers. Then there were other abuses such as arrests and harassment of individuals on flimsy or no grounds, to be released later on...

Accelerating pace of privatisation

2007-11-07 00:00:00

THREE decades of the country's experience with privatisation calls for its close scrutiny. What other than a dose of scepticism does the outcome of it create at the end of 30 long years? The programme for privatisation, or reassigning the...

Why immigration is hard to tackle

2007-11-07 00:00:00

Martin WolfDOES a country have the right to determine the composition of its population? If so, how should it do so? These questions are hard to answer. That is presumably why the UK government has run what amounts to a...

Reclaiming land from the sea

2007-11-07 00:00:00

Enamul HaqueSUBSTANTIAL land masses have surfaced in the Bay, off the Bangladesh coast. Some of these completely surfaced land masses have human habitations. Others, remaining submerged during tides and surfacing with the ebbing of the tide are likely to gain...

Inequality threatens India's economic boom

2007-11-07 00:00:00

Jo JohnsonIT is a fair bet that when the ruling elite of a poor developing country ignores a non-violent protest by 25,000 desperate citizens, it will soon face a violent one. When a 25,000 strong army of landless workers, indigenous...

Banning polybags: Is there a better option ?

2007-11-07 00:00:00

Fahima SiddiquiTHE government slapped a ban on its use in the country with effect from 1 January, 2002 with a view to protecting the environment. There are hardly any sign of its enforcement. A shopkeeper, being asked, will tell you...

Keeping taka one or more for the poor

2007-11-07 00:00:00

IS there anything we can do for more than 50 per cent of the country's population living in poverty?. About 70 million others have the capacity to earn their bread and butter and the ability to save Taka one a...

Request not to disfigure the Bangladeshi passports

2007-11-07 00:00:00

STATE Bank of India in Dhaka processes the Indian visa applications from the Bangladeshi passport holders. For their convenience, they put one big sticker on the front cover of the Bangladeshi passport, making the Bangladesh government's official logo as well...

Cigarette smoking

2007-11-07 00:00:00

THERE have been numerous campaigns against cigarette smoking (CS) communicating that this vice causes death. But a threat to health doesn't seem to be a good reason for quitting anymore. People somehow block themselves and ignore all the information that...

Iraq policy floating on a sea of oil--II

2007-11-07 00:00:00

Michael Schwartz IT is hardly surprising, then, that the new administration, bent on unipolarity anyway and dreaming of a global Pax Americana, wasted no time implementing the aggressive policies advocated in the PNAC manifesto. According to then Secretary of the...

UK housing market teeters on edge of Northern Rock

2007-11-07 00:00:00

Simon ClarkNick Collins, an independent London real estate broker who's had record profits every year since 2003, took a hit in September -- and that may be bad news for a U.K. economy built on a housing bubble. Five of...

Atlanta urinals, fountain run dry as UPS, Coke fight drought

2007-11-07 00:00:00

Mary Jane Credeur and Laurence Viele DavidsonUrinals without water. Fountains without water. A waterfall without water. Dry is the goal as United Parcel Service Inc., Coca-Cola Co. and other companies in the Atlanta area rally to cut water use in...

Brazil sees progress in Doha talks, EU cautious

2007-11-07 00:00:00

RIO DE JANEIRO, Nov 6 (Agencies): Brazil believes considerable progress is possible toward clinching a global trade deal before the end of the year, while the EU wants increased access to developing countries, officials said yesterday. "Today we are very...

Greenspan, King see more pain for banks, US

2007-11-07 00:00:00

LONDON, Nov 6 (Reuters): Central bankers, past and present, warned Tuesday of more pain to come for the US economy and that banks worldwide could take several months yet to reveal their full losses from US subprime mortgage lending.Former Federal...

Africa's sub-Saharan economies at 30-year high: IMF

2007-11-07 00:00:00

PRETORIA, Nov 6 (AFP): Africa's sub-Sahara region is enjoying its strongest economic growth and its lowest inflation in more than three decades, the International Monetary Fund said yesterday. "Recent economic performance shows that sub-Sahara Africa is experiencing its strongest growth...

India set for flood of infrastructure investment

2007-11-07 00:00:00

BANGALORE, India, Nov 6 (AFP): India is set for a flood of investment in highways, ports, airports and power plants as foreign funds tap opportunities in its deficient public works, Ernst and Young says in a report. "We expect private...

Nat’l theme years speed up Sino-Russian trade ties

2007-11-07 00:00:00

MOSCOW, Nov 6 (Xinhua): Chinese-Russian trade and economic ties were further enhanced in the national theme years and bilateral trade is hopeful to record a new high of 50 billion US dollars in 2007, Yu Guangzhou, Chinese vice minister of...

S Korea may improve tariff offers for FTA with EU

2007-11-07 00:00:00

SEOUL, Nov 6 (AFP): South Korea may improve 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 suggested both sides should sweeten...