FE Report Leaders of the Confederation of Indian Industry (CII) team now on a visit to Chittagong Tuesday said it will take moves to increase imports from Bangladesh so that the existing trade gap between the countries can be narrowed...
FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Tuesday in the inter-bank foreign exchange market with steady demand for the greenback, fund managers said.The inter-bank call money rate was also steady in an active market despite withdrawal...
FE Report The co-operative societies will be barred from doing banking business using the word 'Bank' in their day-to-day operation, official sources said. The government has already amended the related clauses of the existing Bank Companies Act imposing restriction on...
FE ReportStock prices on the Dhaka Stock Exchange (DSE) declined marginally Tuesday due to profit taking by the investors.Market operators said share prices of some companies corrected to some extent on the day in the over-heated market.Market sources said recently...
The Election Commission (EC) is giving the national identity (NID) cards to the people for free now following their enrollment in the voter list, but a smart card will later cost Tk 500, reports UNB.From now on, a person has...
Acting Awami League General Secretary Syed Ashraful Islam said Tuesday they will send a letter to the chief adviser seeking discussion with him to resolve political issues, reports UNB."He is a wise and respectable man and we hope he will...
THE problem that is showing up increasingly worryingly in the economy of Bangladesh, is the dearth of new investment activities. Recent reports in the media indicated a 30 per cent decline in investment proposals in the first nine months of...
Syed Fattahul AlimTHAT poisons in foodstuff are a public health concern is not simply a domestic issue. The problem is also affecting the country's external trade in that Bangladesh's frozen food export has been adversely affected by toxic materials of...
Dino MahtaniCONCERNS are growing in industry circles that Qatar the world's largest exporter of liquefied natural gas (LNG), may not be able -to increase its levels of daily gas exports beyond 2011.The tiny Gulf kingdom expects to more than double...
Mozammel HossainTHE very shocking disclosures in recent times about corruption, misuse of power and ill gotten wealth have made a mockery of the old-style political system and the political process of Bangladesh.Many of these crimes were known in the past...
GOVERNMENT now is engaged in framing a coal policy. The draft policy thereof is available which has kept the options open for foreign investment in the sector, export of coal and open pit mining. Opinions were invited on the draft....
THE entire country is suffering from under-productivity in the various economic spheres from inadequate power supply. In this situation, it is disconcerting to note that a substantial amount of money was paid to foreign experts during the last 15 years...
Maswood Alam KhanDORIS Lessing has shown to the world the convenience of searching the truth concealed in nature by her gifted education instead of wasting time digesting texts in schools. Energy and time she invested of her own free will...
Dr K. M. Nabiul IslamLocal law and order situation in the flood-hit areas demands special attention. Formation of local-level committees and volunteers groups would be helpful. It is important to formulate an effective community-based disaster management system. Strengthening the capacity...
Alex Barker THE next general election, whenever it comes, will be won and lost across a swath of southern England that has been buoyed by an unprecedented, decade-long house price boom.From Sittingbourne in the east to Bristol in the west,...
Najmeh Bozorgmehr from Tehran THE government of Mahmoud Ahmadi-Nejad brags about the Islamic Republic's self-sufficiency in wheat, holding it up as a source of security and a cause for pride. But while Iran no longer needs to rely on wheat...
WASHINGTON, Oct 22 (AFP): Global finance leaders at weekend meetings put a brave face on recent upheavals on world markets, insisting calm was returning, but offered investors no assurances an end to the turmoil was now in sight. Finance ministers...
BEIJING, Oct. 22 (Xinhua): The 17th National Congress of the Communist Party of China (CPC) yesterday adopted a resolution on the amendment to the CPC Constitution to enshrine the "scientific outlook on development" and other strategic thoughts advanced since 2002....
BANGALORE, Oct 22 (AFP): Family-run companies that dominate Indian business have been quick to tap emerging market opportunities, but concerns remain over governance standards, Moody's said today. Seventeen of the 30 companies on the Mumbai stock exchange's main Sensex index...
WASHINGTON , Oct 22 (AFP): The financial turmoil that erupted earlier this year in the US subprime housing market was "an accident waiting to happen" and could have taken place in any other sector, former Federal Reserve chairman Alan Greenspan...
WASHINGTON, Oct 22 (AFP): World Bank president Robert Zoellick yesterday invited China to team up with the 185-nation development lender to fight global poverty and said he would visit Beijing in December. "China is an important partner in the international...
SHANGHAI, Oct 22 (AFP): China's overall fixed asset investment rose 25.7 percent in the first nine months of 2007 from a year earlier, slightly slower than growth in the first half of the year, the central bank said. Growth in...
DUBAI, Oct 21 (Zawya Dow Jones): DP World will sell 20 per cent of its shares, worth at least $3.5 billion, next month in what will be the Middle East's largest initial public offering, the Dubai government-owned company said Sunday.The...
SEOUL, Oct 22 (AFP): South Korea and China will hold a third round of preliminary talks this week on a possible free trade agreement, the foreign ministry said today. About 80 government officials and industry experts from the two nations...
TOKYO, Oct 22 (AFP): The dollar suffered fresh losses against the yen and hit a record low against the euro in Asian trade today as concerns about the US economy sparked another rout on global stock markets, dealers said. The...
GUANGZHOU, Oct 22 (Xinhua): Chinese products are favoured by global buyers at a major important and export fair in Guangzhou, capital of south China's Guangdong province, despite a few product recalls of Chinese products since this summer. Export transactions at...
SINGAPORE, Oct 22 (AFP): Oil prices eased further from record highs in Asia today even as tensions escalated further along the Turkish border with Iraq. New York's key oil futures contract, light sweet crude for delivery in November, was 97...
HANGZHOU, Oct 22 (Xinhua): China's Ministry of Commerce (MOC) announced yesterday the establishment of the country's first-ever textile index system, to better reflect the development of the textile industry and its market. The textile index system is based on data...
WUHAN, Oct 22 (Xinhua): After the Bank of East Asia (China) Co. Ltd opened a brand in Wuhan, capital of Central China's Hubei Province in September, HSBC opened its 14 in China but the first branch in Wuhan on October...
SHANGHAI, Oct 21 (Reuters): PetroChina, China's largest oil and gas producer, said Sunday it was to make an initial public offering of shares in Shanghai that may be China's largest, raising more than $9 billion.Consultations with investors on pricing will...
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