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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...

They are terrorists, not Muslims

2008-12-02 00:00:00

Maswood Alam KhanMumbai has proven to be a soft target for terrorists. It would be disgraceful on the part of India if their intelligence now fails to unearth the groups of terrorists and their mastermind who perpetrated this dreadful and...

Massacre at Mumbai

2008-12-02 00:00:00

THE dreadful drama that unfolded over the better part of three days and was telecast over several television channels -- Indian, BBC, CNN, SKY, etc., had many resemblance with the American nightmare of 9/11, not in terms of tragedy but...

Politicians in jail

2008-12-02 00:00:00

Several hundred politicians and other professionals were sent to jail after 1/11. They are now released on bail and some are still in jail on charge of various grounds like corruption and graft. A good percentage of politicians and others...

Big Week for the Big Three!

2008-12-02 00:00:00

Khaled AzizTHIS week is likely to mark a defining moment for the century-old US Auto Industry. The Chief Executive Officers (CEOs) of GM, Ford, and Chrysler will be making their second trip, beginning from Monday (December 01, 2008) to Washington,...

Focusing on growth amid price stability

2008-12-02 00:00:00

Dr. Salehuddin AhmedKeeping inflation at a reasonably low and stable level is one of the main objectives of monetary policy in Bangladesh. In view of the prominence of supply-side factors in present inflation dynamics, Bangladesh Bank (BB) has been pursuing...

Note

2008-12-02 00:00:00

The second part of article, 'Significance of Olympic torch relay" by Mr. Mahfuzul Rahman Siddique, will appear tomorrow. The first instalment of the write-up was published in Monday's issue of this paper.

UN calls for 'massive' economic stimulus to counter global crisis

2008-12-02 00:00:00

DOHA, Dec 1 (AFP): A massive and coherent economic stimulus must take place soon to counter the global economic downturn, UN experts said in a report published today in Doha. The UN called for "massive economic stimulus packages that are...

Poland adopts $30b economic package to help weather global crisis

2008-12-02 00:00:00

WARSAW, Dec 1 (AFP): Poland adopted yesterday an economic package for 2009-2010 valued at 24 billion euros (30 billion dollars) to help weather the global financial crisis, as it revised downwards its growth forecast. "It is a stabilisation and development...

China not facing major crisis, slowdown moderate

2008-12-02 00:00:00

SHANGHAI, Dec 1 (AFP): China can weather the financial storm because the economy has no major bubbles while a year of policy adjustments have tamed the property market, a top central bank adviser said in comments published today. The economic...

Global recession rocks Asian, European industry

2008-12-02 00:00:00

LONDON/BEIJING, Dec 1 (Reuters): European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and US retailers slashed prices to lure shoppers as recession took a grip.Underscoring the tightening grasp of the downturn, Bank...

Thai inflation drops to 14-month low

2008-12-02 00:00:00

BANGKOK, Dec 1 (AFP): Thailand's inflation dropped to a 14-month low of 2.2 per cent in November despite the rising cost of food, as global oil prices continued to fall, the commerce ministry said today. The figure was down from...

Vietnam economy faces 'perfect storm'

2008-12-02 00:00:00

HANOI, Dec 1 (AFP): Worried foreign business groups warned today that Vietnam, a darling of foreign investors until a year ago, now faces "a perfect storm" of challenges amid the global economic turmoil. The communist government must drive forward long-stalled...

Myanmar to privatise 36 more SEEs

2008-12-02 00:00:00

YANGON, Dec 1 (Xinhua): Myanmar will privatise 36 more state-owned economic enterprises (SEEs) from four government ministries under a sealed tender system for continuous running as part of its privatisation programme, the official local-language newspaper Myanmar Alin reported today. The...

Russian govt cuts 2009 growth estimates

2008-12-02 00:00:00

MOSCOW, Dec 1 (AFP): Russia's economic development ministry significantly downgraded next year's growth forecast, but denied falling oil prices would spark an economic crisis, Ria Novosti news agency reported yesterday. The economy would grow between 3.0-3.5 per cent in 2009,...

Oil down in Asia as OPEC maintains output quota

2008-12-02 00:00:00

SINGAPORE, Dec 1 (AFP): World crude prices weakened in Asia today after the OPEC oil cartel maintained existing production quotas at a weekend meeting amid a global downturn, dealers said. OPEC's decision underlined the severity of the world economic slump...