Dr. Salehuddin AhmedWhile dealing with country-specific developments, it is to be noted that Afghanistan has been experiencing a big challenge in managing both inflation and growth. The current account balance showed a mixed trend over the years and is projected...
Md. Mahfuzur Rahman SiddiqueIN his valuable speech at the closing ceremony of the 2008 Beijing Olympiad in the Bird's Nest, the International Olympic Committee (IOC) President Dr. Jacques Rogge made a very significant comment when he said, "These were truly...
BRUSSELS, Nov 30 (AFP): The growing severity of the economic downturn is forcing the European Union to break its taboos about letting deficits swell and loosening up state-aid rules. On October 16, the head of the Eurogroup of eurozone finance...
FE Report IFIC Bank Limited organised a day-long workshop on 'Basel-II Accord' at its academy in the city recently.Deputy Managing Director of the bank Mohammad Abdullah inaugurated the workshop.Senior Vice-president and In-charge (Training and Research) Md Abu Tayeb, First Vice-president...
BEIJING, Nov 30 (AFP): President Hu Jintao has warned China's economy is losing its competitive edge amid the ongoing global financial crisis, state media reported Sunday. Hu made the downbeat remarks Saturday at a meeting of the Communist Party's elite...
PRAGUE, Nov 30 (AFP): Most Czechs are shrugging off the global financial turmoil ahead of the fast-approaching Christmas shopping spree, but growing worries in the corporate sector suggest they should be on alert. On Friday, statisticians said consumer confidence in...
TOKYO, Nov 30 (AFP): US banking giant Citigroup, beset by the global financial turmoil, has decided to sell its Japanese trust banking unit NikkoCiti Trust and Banking, reports said today. The bidding will likely take place next week, with major...
CAIRO, Nov 30 (AFP): The OPEC oil exporting cartel, suffering from plummeting oil prices, faces further pain next year as a worldwide recession dampens demand for crude even more, analysts believe. "OPEC is dealing with tough circumstances, the toughest in...
WASHINGTON, Nov 30 (AP): Two months ago, federal food regulators said they were unable to set a safety threshold for the industrial chemical melamine in baby formula. Now, however, they found a way to settle on a standard that allows...
FE Report Prothomalojobs.com organised a day-long workshop on 'Presentation Skill and Public Speaking' at Prothom Alo's conference room in the city recently, said a press release. Assistant Vice-president and head of PR and Brand Communication of Mutual Trust Bank Limited...
SEOUL, Nov 30 (AFP): South Korea's Hyundai Motor plans to cut domestic production due to slowing demand, following production cuts in its US plants, a company spokesperson said today. Hyundai Motor, the largest carmaker in South Korea, will cut production...
FE Report Agora recently brought fresh fish directly from Bhairab and Mawa, and winter vegetables from its self-managed farms to put an end to the concern of consumers over freshness.All fresh items are available at the four Agora outlets at...
FE ReportSpeakers at a seminar Tuesday called for restarting the country's old state-owned jute mills and other factories that were closed in recent years amid increasing privatisation and competition. They also recommended formulation of a more flexible national industrial policy...
The first SME Service Centre of Islami Bank Bangladesh Limited (IBBL) was inaugurated at Alenga in Kalihati of Tangail Sunday. Additional Deputy Commissioner (General) of Tangail Md Tariqul Islam and RPCS Manager of DFID of UK Robert Smith inaugurated the...
FE ReportThe government borrowed Tk 5.0 billion (500 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 5.0 billion from the market in the week.The central bank conducted auctions of 91-day and 364-day bills on...
FE ReportBangladesh Small and Cottage Industries Corporation (BSCIC) has undertaken a plan to introduce some new trade-based training programmes, including home textile and fashion designing to modernise its training module by involving new technology.BSCIC Acting Chairman ABM Khurshed Alam said...
Prime Bank opened its 67th branch at Probartak Moar in Chittagong city recently. This branch offers online facilities along with all banking services, says a press release.Chittagong Chamber of Commerce and Industry (CCCI) President Saifuzzaman Chowdhury inaugurated the branch as...
Hundreds of people are reported to have been killed in central Nigeria after Christians and Muslims clashed over the result of a local election, reports BBC.A Muslim charity in the town of Jos says it collected more than 300 bodies,...
MUMBAI, Nov 30 (agencies): India will increase security in the country and on its borders to a "war level" in the wake of the deadly attacks in Mumbai that killed nearly 200 people, a government minister said Sunday."Our intelligence will...
BANGKOK,Nov 30 (AP): Attackers set off explosions at anti-government protest sites Sunday, wounding 51 people and raising fears of widening confrontations in Thailand's worst political crisis that has strangled its economy and shut down its main airports.The first blast occurred...
Romanians are voting in the country's first parliamentary elections since joining the European Union in 2007, reports BBC.Six main parties or alliances are competing for seats in the Chamber of Deputies and the Senate.The global economic crisis is likely to...
British soldiers shoot Afghan policeman dead KABUL, Nov 30: British soldiers in a NATO-led force shot and killed an Afghan policeman in a vehicle that approached a convoy, despite warnings to keep away, and was seen to be a threat,...
Dinajpur DSA moved into the semifinals of the 29th National (Inter-District) Cricket Championship with a four-wicket win over Moulvibazar DSA in the last quarterfinal at the Shams-ul-Huda Stadium in Jessore Sunday, reports UNB.Dinajpur DSA will play Rangpur DSA in the...
Pakistan Cricket Board (PCB) chairman Ijaz Butt has warned of a damaging split in world cricket as a result of the recent terror attacks and security threats. England's one-dayers in India were cut short and the two Tests scheduled for...
Australia looked to be heading for a series win over New Zealand after notching up 535 in their first innings on day three of the second Test, BBC reports. Wicketkeeper Brad Haddin (169) scored a maiden Test century and Michael...
Dhaka Mohammedan SC came from behind to register a hard-fought 2-1 win over Farashganj SC in a match of the Citycell 2nd B League at the Bangabandhu National Stadium (BNS) in the city Sunday, UNB reports. This is the 4th...
England's cricketers are considering whether to return to India for two Tests after a security assessment has been completed, BBC reports. The England and Wales Cricket Board has said players would not be forced to go. Spinner Graeme Swann, battling...
BARCELONA, Nov 30(AFP): A brace from Lionel Messi helped Barcelona clinch a 3-0 victory over Sevilla Saturday and open a six-point lead at the top of the Spanish league as Real Madrid crashed 3-1 at city rivals Getafe. Barcelona coach...
Mahmuda ShaolinPrices of flour are still high in the country's wholesale and retail markets despite substantial fall in the prices of wheat in the international market. Sources said prices of wheat in the international market declined by over 82 per...
DU CorrespondentDhaka University (DU) celebrated the 'completion of 400 years of Dhaka' amid much fanfare and festivity Sunday.DU Vice-Chancellor Professor SMA Faiz inaugurated the daylong ceremony by releasing four pigeons and flying 400 balloons at Mall Chattar on the campus...
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