HONG KONG, Dec 11 (AFP): Growth in Asia's developing economies will slow to 5.8 per cent in 2009, down from 6.9 per cent in 2008, as nervous global investors scale back regional interests, the Asian Development Bank said today. The...
Chief Adviser Dr Fakhruddin Ahmed Thursday urged concerned institutions, architects, environmentalists, urban planners and conscious city dwellers to turn capital Dhaka into a planned city through joint efforts and ideas, reports UNB."The (present) government has taken short, mid and long-term...
FE ReportThe Swiss embassy in Dhaka from now on will issue Schengen visas to Bangladeshi businessmen and tourists as the Schengen agreement between Berne and the European Union comes into force today (Friday), a senior Switzerland government official said here...
Public Service Commission (PSC) bosses Sunday met President Iajuddin Ahmed and apprised him of the unwanted incident that took place on the PSC office premises on December 2 over the issue of the 27th BCS examination, reports UNB.A 9-member delegation...
The United Nations General Assembly for the first time adopted a Bangladesh-sponsored 'Culture of Peace' resolution recognising February 21 as the International Mother Language Day, reports bdnews24.com. "[The Culture of Peace resolution] is an annual feature, but this year it...
The government Sunday appealed to the Supreme Court to reverse the High Court ruling that cancelled key clauses of the Emergency Powers Rules (EPR), reports bdnews24.com. Deputy Attorney General Zahirul Islam Mukul said that they had filed an appeal against...
PESHAWAR, Dec 7 (AP): Militants blasted their way into two transport terminals in Pakistan on Sunday and torched more than 160 vehicles destined for US-led troops in Afghanistan, in the biggest assault yet on a vital military supply line, officials...
THE Eid-ul-Azha will be observed throughout the country tomorrow (Tuesday) with the spirit of sacrifice and piety that are the central message of this occasion. This second greatest religious festival of the Muslims commemorates a momentous event. Prophet Ibrahim (sm)...
Md. Shakil Bin Kashem and Salim RashidWE have long been in search of decentralised forms of governance. Many argue that it is the absence of adequate financing that prevents the Upazilas from being independent. This may be true for many...
Fazle Rashid from New YorkMORE than 533,000 non-farm jobs were eliminated only in November making it the biggest job losses in the US in 30 years. This, the analysts underscored, indicate the depth of a recession that is spreading rapidly...
THE deaths of Nurul Islam, president of Ganatantri Party, and his son, as a result of an accidental fire or foul play was tragic. Islam's son died immediately but the man fought on for 36 more hours before surrendering to...
REPORTS about incidents of clash in different places of the country over the nomination of major political parties for various electoral constituencies are appearing in the media these days. Some such reports are also conflicting. Are not such reported incidents...
WITH all surprise I came to know from the news media that FEMA did not get the accreditation from the Election Commission to observe the upcoming parliament election. I have come to know about FEMA since it came out with...
Ferdous AlamONE direct casualty of the ongoing global financial crisis could be the volume of foreign aid that the rich countries have been regularly making available to the poor or developing ones. On its part, Bangladesh has progressively reduced its...
Muhammad Quamrul Islam WHAT is happening around and happened over the last two years proved totally discouraging. Friends and colleagues who had hopes on one eleven caretaker government (CG) in 2007 now feel frustrated. Unrest on the campuses, the state...
Muhammad Mahboob AliThe Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) groups Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. These seven countries, however, are yet to put this body as an effective regional organisation. The...
Mahbubul HaqueRECENT credit crunch in the USA and in so of the European countries have cast a gloomy picture on the economic arena of many countries. It is almost a recession in many countries. We have noticed fall of share...
CHICAGO, Dec 7 (AP): President-elect Barack Obama said Saturday that he wants to revive the economy and create jobs by upgrading roads, schools and energy efficiency in a public-works programme whose scale has been unseen since construction of the interstate...
PARIS, Dec 7 (AFP): The price of air tickets should start coming down soon because of the world financial crisis, experts are predicting, while ruling out a plunge that would endanger the health of airlines. "If you keep prices too...
NEW DELHI, Dec 7 (Internet): The new Rs 70 billion refinance window opened by Reserve Bank of India (RBI) has come as a ray of hope to the beleaguered and cash-starved micro and small enterprises (MSEs) sector, which account for...
BEIJING, Dec 7 (Reuters): China and the United States pledged last Friday to boost efforts to tackle the turmoil engulfing global markets and to continue high-level cooperation when President-elect Barack Obama takes office.Among the few concrete results of the two-day...
TALLINN, Dec 7 (AFP): Long in the shadow of their Soviet-era master Moscow, the Baltic states of Estonia, Latvia and Lithuania want to step up a drive to end their energy market isolation within the 27-nation EU. "The Baltic states...
VODNJAN, Croatia, Dec 7 (AFP): Croatian olive farmer Sandi Chiavalon has high hopes of taking on the might and quantity of Greece, Italy and Spain with the quality of oil from his groves. The three European giants may account for...
MUMBAI, Dec 7 (Internet): Real estate players are sceptical about how much these measures would actually boost the consumer confidence, which is currently weighed down by negative sentiments.According to Jai Mavani, KPMG's executive director and head of real estate practice,...
FE Report ACI Motors Limited -- a sister concern of ACI Limited, and SICMA -- a renowned company of Italy, recently signed an agreement. ACI Limited Executive Director (Agribusinesses) FH Ansarey and SICMA Chairman Franco Aurora singed the agreement on...
Citibank NA, Bangladesh will formally launch its Direct Custody and Clearing (DCC) services in Bangladesh on December 15, reports UNB.This will enable Citibank to better support its global clients and channel more foreign portfolio investments into the emerging Bangladesh capital...
FE Report Dutch-Bangla Bank Limited (DBBL) opened its 62nd branch at Nababganj Bazar in Rangpur recently, said a press release. DBBL Managing Director Md Yeasin Ali inaugurated the branch with on-line banking facilities from the very beginning.The DBBL managing director...
Our CorrespondentCHITTAGONG, Dec 07: In view of the economic crisis persisting in the global arena, the shipping sector has been hardhit as the import of the different goods including the essential has declined leading to the reduction in arrival of...
FE Report The inter-bank call money rate maintained steady level Sunday despite higher demand for cash, as the pressure on liquidity was reduced with injection of fresh fund through repurchase agreement (repo). The US dollar, however, remained stable against Bangladesh...
FE ReportThe tenth Annual General Meeting (AGM) of the Bangladesh Leasing and Finance Companies Association (BLFCA) was held at a local hotel in the city recently. MDs /CEOs and senior officials of financial institutions were present at the AGM.In his...
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