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64pc rise in goods train fare proposed

2008-12-03 00:00:00

Naim-Ul-KarimThe government has formed an expert committee to analyse the cost of carrying goods by the Bangladesh Railway vis-à-vis the charges it makes for transportation as the state-owned entity has proposed a 64 per cent fare hike to cope with...

BERC conditions to gas price hike proposal

2008-12-03 00:00:00

The Petrobangla (Bangladesh Oil, Gas and Mineral Corporation), which oversees and coordinates operations of all the state-owned energy sector entities, has been making bids to hike the gas prices at the consumers' end for quite sometime. It has been complaining...

Going to the roots of terrorism in South Asia

2008-12-03 00:00:00

Syed Fattahul Alim The three days' horrible nightmare that the residents of the largest city of India had to go through has brought the whole of South Asia face to face with a stark reality. The reality is its total...

Oaths for scientists

2008-12-03 00:00:00

Prof. Lutfor RahmanTHOUSANDS of fresh graduates in science and technology are coming out every year from the national, international, public and private universities in Bangladesh. They achieve their degrees in various disciplines of Physical, Biological and Medical sciences. We are...

Renewable energy deserves a high priority

2008-12-03 00:00:00

GOVERNMENT appears to be taking the steps to frame a renewable energy policy for the country. But this policy-making needs to be expedited in view of the energy crisis that the country is going through at the moment.The crisis is...

Hollow claims about education

2008-12-03 00:00:00

SUCCESSIVE governments in Bangladesh claimed that they promoted education to attain economic progress. But the claims proved not to be well based. Existing education systems in the country are proving not so useful. The education sector is wasting a lot...

Coordinating fiscal and monetary policies for managing inflation

2008-12-03 00:00:00

Dr. Salehuddin AhmedIN the backdrop of rapid globalization and accelerating economic growth, it is important to identify various channels through which global integration can affect inflation and monetary policies in South Asian countries. Certainly, greater integration of any economy means...

Significance of Olympic torch relay

2008-12-03 00:00:00

Md. Mahfuzur Rahman SiddiqueTHE Olympic Flame is 80 years old. It was introduced first in 1928 during the Amsterdam Olympics. The torch relay is also a 72 year-old tradition. The relay starting from Olympia of Greece passing through the designated...

Eurozone backs away from economic stimulus target

2008-12-03 00:00:00

BRUSSELS, Dec 2 (AFP): Finance ministers from the 15 countries sharing the euro failed yesterday to commit to a proposed 200-billion-euro economic stimulus target while agreeing they need a joint anti-recession package. Downplaying the overall target, Luxembourg Finance Minister Jean-Claude...

US, China set to grapple with growth concerns

2008-12-03 00:00:00

WASHINGTON, Dec 2 (AFP): The United States and China hold high level talks this week expected to be dominated by concerns whether China can maintain high growth rates at a time when global expansion has been dampened by financial turmoil....

Brazil, EU 'optimistic' about clinching WTO deal

2008-12-03 00:00:00

GENEVA, Dec 2 (AFP): Brazil and the European Union's chief trade negotiators expressed optimism yesterday that a global trade liberalisation deal could be done, saying that there was increasing convergence in their views. "I think that ... to a large...

India's growth rate would be around 7.5pc in 2008-09

2008-12-03 00:00:00

JAIPUR, Dec 2 (PTI): Indian Prime Minister Manmohan Singh yesterday said despite economic recession and the difficult situation in western countries, India's growth rate would be maintained at around 7.5 per cent in 2008-09. The last quarter's report of the...

Japan revises fiscal 2007 growth higher to 1.9pc

2008-12-03 00:00:00

TOKYO, Dec 2 (AP): Japan revised its reading of fiscal 2007 economic growth higher to 1.9 per cent from 1.7 per cent Tuesday, citing a stronger-than-expected expected rise in capital investment.The main reason for the revision was that private-sector investment,...

Oil prices fall further below $50 in Asia

2008-12-03 00:00:00

SINGAPORE, Dec 2 (AFP): Oil prices fell further below 50 dollars in Asia today, touching fresh multi-year lows in a market worried over falling consumption, analysts said. In afternoon trade New York's main contract, light sweet crude for January delivery,...

Azmal, Musfiqur made BCPA's chairman, GS

2008-12-03 00:00:00

FE Report Krishibid M Azmal Hossain of FMC Chemical International and Krishibid Musfiqur Rahman of Haychem (Bangladesh) Limited have been elected chairman and general secretary (GS) of Bangladesh Crop Protection Association (BCPA) at the 28th annual general meeting (AGM) of...

Soybean cultivation gaining popularity in Faridpur

2008-12-03 00:00:00

Our CorrespondentFARIDPUR, Dec 2: Soybean cultivation is gaining popularity in the district year on year due to suitability of its soil. Local office of the Department Agriculture Extension (DAE) has undertaken a comprehensive scheme to cultivate soybean in the area...

Bumper Aman production in Khulna

2008-12-03 00:00:00

Our CorrespondentKHULNA, Dec 2: Aman paddy harvesting has been started in ten districts of Khulna division during the current season. The growers are expecting bumper output this season. A congenial climate has been prevailing this year in Khulna division for...

Azmal, Musfiqur made BCPA's chairman, GS

2008-12-03 00:00:00

FE Report Krishibid M Azmal Hossain of FMC Chemical International and Krishibid Musfiqur Rahman of Haychem (Bangladesh) Limited have been elected chairman and general secretary (GS) of Bangladesh Crop Protection Association (BCPA) at the 28th annual general meeting (AGM) of...

Myanmar PM urges exporting more rice

2008-12-03 00:00:00

YANGON, Dec. 2 (Xinhua): Myanmar Prime Minister General Thein Sein has urged agricultural entrepreneurs in the country to make greater efforts for exporting more rice, saying that the country has enough cultivable land to boost paddy production. Out of 17.6...

South Korea faces challenge as global slump hits exports

2008-12-03 00:00:00

SEOUL, Dec 2 (AFP): South Korea's export-driven economy is facing a massive challenge as the global economy goes into meltdown, President Lee Myung-Bak said today. He urged businesses to aggressively increase overseas shipments to help overcome the financial crisis that...

PRAN holds training on cooking, nutrition

2008-12-03 00:00:00

A four-day long free training programme on cooking, nutrition and beauty care organised by the PRAN Powder Spice ended in the city Sunday, says a press release. Huge number of women of different ages gathered with cheerful and festive mode...

Knitwear machinery trade feels pinch of global financial meltdown

2008-12-03 00:00:00

Mehdi Musharraf BhuiyanThe global financial meltdown along with the shortage of energy supply is taking its toll on sale and import of knitwear machinery albeit the ever-increasing growth in export of knitwear and other garments as the knitwear manufacturers are...

MTB opens 33rd branch at Banani

2008-12-03 00:00:00

Mutual Trust Bank Ltd (MTB) inaugurated its 33rd branch at Banani in the city recently, says a press release.Chairman of the bank Samson H Chowdhury inaugurated the branch as the chief guest while Founder Chairman Syed Manzur Elahi was present...

StanChart celebrates 1st anniversary of Islamic services 'Saadiq'

2008-12-03 00:00:00

Standard Chartered Bank celebrated Monday the 1st anniversary of Saadiq - the Islamic Financial Services of the Bank, says a press release. Regional Head of Consumer Banking Sandeep Bose inaugurated the programme while the bank's customers, distinguished pressmen, representatives from...

Pubali Bank opens 364th branch at Chauddagram

2008-12-03 00:00:00

FE Report Pubali Bank Limited has opened its 364th branch at Chauddagram in Comilla Monday. Pubali Bank Board of Directors member Monzurur Rahman inaugurated the branch as the chief guest. Chaired by Pubali Bank Managing Director Helal Ahmed Chowdhury, the...

Digitisation of entire land record system stressed

2008-12-03 00:00:00

Naim-Ul-KarimReforms in the country's land administration can play a vital role in preventing disputes, as 70-80 per cent of both civil and criminal cases filed in the courts emanate from conflicts over land, said a Regulatory Reforms Commission (RRC) member...

Khaled made Nokia Siemens Networks country director

2008-12-03 00:00:00

Mr Khaled Shams has been appointed Bangladesh country director of Nokia Siemens Networks (NSN).His appointment came into effect on September 1, '08, said a press release.Mr Khaled was the head of Communications Division at Siemens Bangladesh prior to NSN formation.Mr...

DBH approves 30pc bonus shares

2008-12-03 00:00:00

Delta Brac Housing Finance Corporation Ltd (DBH), country's largest housing finance company Tuesday approved 30 percent bonus shares for the year ended June 30,2008.The announcement of the stock dividends i.e. 3 bonus shares for every 10 shares held on the...

Ensuring a livable future for Dhaka

2008-12-02 00:00:00

The on-going celebration of the 400 years of the history of Dhaka city is adding some pageantry and pride to the consciousness of its residents. There are not even some big and developed countries in the world today which can...

Positive shift for Bangladesh's garment exports

2008-12-02 00:00:00

Md ShahiduzzamanNEARLY 5,000 apparel makers in Bangladesh initially sought government help when some top US and European buyers postponed and cut orders in the wake of the worst financial crisis gripping their economies since the 1930s Great Depression. But clothing...