FE ReportBRAC Bank Limited has recently opened its Monohordi branch in Narsingdi district.BRAC Bank Managing Director and Chief Executive Officer (CEO) Imran Rahman inaugurated the branch.Also present at the inaugural function were BRAC Bank Chief Operations Officer Kaiser Tamiz Amin,...
FE ReportSyed Ershad Ahmed, Trevor MacDonald and Khalid Hasan have been elected president, vice president and treasurer respectively of the American Chamber of Commerce in Bangladesh (AmCham) for a two-year term (2007-2008).The election was held at the 11th annual general...
PERCEPTION is very important for attracting investments to a country. Foreign investments are coveted by all countries but the main criterion in successfully drawing such investments by a country is how positively it can be perceived by the potential foreign...
A KarimTHE Corruption Perception Index (CPI) 2007 of the global anti-graft watchdog, Transparency International (TI), has ranked Bangladesh at the seventh position from the bottom among 180 countries that are included in this year's CPI. That means Bangladesh is now...
Anisul HaqueUNDENIABLY, a basic condition for a society to claim that it operates according to laws or the principle of the ' rule of law' is to have a body of laws covering different areas of human existence or interactions...
John Reed THE United Auto Workers (UAW) union last Wednesday called off a nationwide strike at General Motors (GM) after the two sides agreed on a new four-year labour contract at the world's largest carmaker.In a sign of a key...
THE concern over the navigability of the rivers will be heightened soon when the winter time comes. The rivers are by far the cheapest transporters of goods in bulk in Bangladesh. They also carry a substantial number out of the...
SELLING Iftar items under open sky is a normal practice in the city during the month of Ramadan. Almost all the small and big food shops do this kind of arrangement every year. Through the sale of Iftari items, they...
Dilip Hiro Here is the sentence in The Age of Turbulence, the 531-page memoir of former Federal Reserve chief Alan Greenspan, that caused so much turbulence in Washington last week: "I am saddened that it is politically inconvenient to acknowledge...
Moe Yu May and Marwaan Macan-Markar from RangoonLike they did for over a week, the monks who gathered at Burma's most sacred site -- the Shwedagon pagoda -- performed a ritual on Tuesday under a blistering mid-day sun. They sat...
Chris FloodCRUDE oil prices extended their decline for a third session on Tuesday as more production was restored by oil companies in the Gulf of Mexico following storm disruptions.Nymex November West Texas Intermediate maintained a hold above the $80 level,...
Beijing has been urged to take initiatives to reduce bilateral trade gap offering more facilities to Bangladeshi products there.President Professor Iajuddin Ahmed made the appeal while a 14-member Chinese parliamentary delegation called on him at the Bangabhaban in the city...
NEW YORK, Sept 27 (UNB): Foreign Affairs Adviser Dr Iftekhar Ahmed Chowdhury has said that Bangladesh supports inter-faith and inter-cultural understanding throughout the world. He stated this at a Ministerial Meeting on 'Alliance among Civilisations' held at the United Nations...
CHITTAGONG, Sept 27 (UNB): Charge sheets against five people, including Chief Engineer of local WASA Mohammad Shafiqul Islam, in a corruption case were submitted to the Metropolitan Sessions Judge's Court today (Thursday).Mohammad Jahangir Alam, Assistant Director of Anti-corruption Commission (ACC),...
NOAKHALI, Sept 27 (UNB): A special court here Thursday sentenced Senbagh Municipality Chairman Shah Alam Chowdhury to three years' rigorous imprisonment (RI) in a misappropriation case.The court also fined Shah Alam, also general secretary of Senbagh thana BNP, Tk 5,000.00,...
FE ReportLeaders of the Bangladesh Garment Buying House Association (BGBA) has criticised the decision of the arbitration committee of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on exclusion of the members of Bangladesh Garment Manufacturers and Exporters...
Foreign Affairs Adviser Dr Iftekhar Ahmed Chowdhury has greeted Masahiko Komura on his appointment as the minister of foreign affairs of Japan, reports UNB. "Your appointment to this exalted position is a reflection of the trust and confidence reposed upon...
BENAPOLE, Sept 27 (UNB): A Bangladeshi cattle trader was shot dead by Indian Border Security Force (BSF) on Goga frontier early today (Thursday).The deceased was identified as Shajahan (24), son of Ramzan Prodhania of bordering Goga village.The Bangladesh Rifle (BDR)...
UNITED NATIONS, Sept 27 (AFP): Foreign ministers of China and Africa launched their first annual talks yesterday as Beijing continues to expand its footprint in the vast and resource-rich continent. "China and Africa are good friends, close partners and dear...
SEOUL, Sept 27 (AFP): South Korea said today it planned to develop a "flying ship" capable of carrying 100 tons of cargo at a cruising speed of up to 300 kilometres per hour. The 300-ton "wing-in-ground" (WIG) craft is expected...
WASHINGTON, Sept 27 (PTI): The Indian government is concerned over the rapid rise in rupee vis-a-vis dollar but will not intervene other than providing some succour to exporters, Finance Minister P Chidambaram said here. "It (rise of rupee) has some...
WASHINGTON, Sept 27 (AFP): With a change in leadership set to be announced Friday, the International Monetary Fund (IMF) looks to help restore credibility lost in recent years by the multilateral finance group. Frenchman Dominique Strauss-Kahn, a former Socialist finance...
BRUSSELS, Sept 27 (PTI): India and the European Union enter tough negotiations next week on the proposed Trade and Investment Agreement (TIA) with the 27-nation grouping keen on inclusion of the controversial labour clause but remaining ambiguous on New Delhi's...
OSLO, Sept 27 (AFP): The Norwegian central bank said yesterday it had raised its key interest rate a quarter of a point to 5.00 per cent to prevent an overheating of the economy, bucking a trend seen in other Western...
SINGAPORE, Sept 27 (AFP): Crude prices were higher in Asia today as traders cast a wary eye on the formation of a new tropical storm in the Gulf of Mexico, dealers said. The weak US dollar was also lending support...
TEHRAN, Sept 27 (AFP): Iran warned India yesterday that it would sign a multi-billion dollar gas pipeline deal with Pakistan alone if New Dehli did not swiftly agree terms on transit pricing with Islamabad. Iranian and Pakistani officials are holding...
BEIJING, Sept 27 (AFP): China reacted today to yet another recall of Chinese-made toys in the United States-this time by retailing giant Target-by saying it would work seriously to resolve the problem. "The Chinese government retains a consistent attitude towards...
BRUSSELS, Sept 27 (AFP): The European Union, traditionally one of the world's main breadbaskets, sought yesterday to boost grain imports as soaring demand and prices crimp global supplies. With global cereals supplies increasingly strained, EU Agriculture Minister Mariann Fischer Boel...
JAKARTA, Sept 27 (Xinhua): The Indonesian government bans the importation of Canadian beef over health concern and protests from the Ulema Council who questioned the halal certification, local press said today. The agriculture minister on August 13 issued a ruling...
PHNOM PENH, Sept 27 (AFP): Cambodian garment exports rose 14.3 per cent in the first half of 2007, compared to the same period last year, a senior commerce ministry official said today. Exports to July totaled nearly 1.7 billion dollars,...
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