BANGKOK, Thailand (AP) - Police built a massive cordon around anti-government protesters occupying Thailand's main airport Saturday, raising fears of an imminent confrontation in a standoff that has disrupted the country's economy and the travel industry worldwide.Protesters calling themselves the...
FE Report A group of investors Saturday urged the Securities and Exchange Commission (SEC) to keep the share markets closed during the month of December, arguing that such a step would help halt downward trend of share prices. In a...
Late last week, the government and the central bank reacted sharply to the latest World Bank (WB) projection of country's economic growth for the current fiscal year in the backdrop of the global financial meltdown and the consequent recession in...
Shahiduzzaman KhanGLOBAL economic slowdown appears to have a negative impact on Bangladesh's manpower export sector. Employment prospects in Saudi Arabia, the single largest destination for thousands of overseas job seekers, has shrunk since July last as Riyadh has almost halted...
Syed Fattahul AlimMind was once thought to be an entity that is separate and independent from the body. This view of the body-mind duality led to the developments of the philosophies of the past. Who controls whom in this body-mind...
New Look chairman Phil Wrigley called on the industry to make a greater effort in terms of ethics at last week's Drapers Fashion Summit 2008. Here is an extract from his speech. Today, people do the right thing for all...
Stuart ButlerWashington has already spent $350 billion trying to stabilize the housing and financial markets, and it's still trying to figure out how on earth we got into this mess in the first place. One of the biggest puzzles is...
Enayet RasulUndoubtedly, the blood-letting in Mumbai is similar to the demolition of the Twin Towers in the USA that started a train of events causing great angst in international relations, the rapid decline of the image of the US and...
The identity of the terrorists behind the Mumbai atrocities in India remains unconfirmed officially. But experts have agreed that they appeared to combine local grievances and international inspiration. A previously unknown group calling itself Deccan Mujahideen has claimed responsibility for...
The aman rice procurement from the farmers by the government was launched from Tuesday. The target of this drive is to procure some 0.15 million tonnes of aman rice and 75 thousand tonnes of aman paddy from the farmers. The...
Khondkar Abdus SalequeBangladesh's capital Dhaka is already a mega city in the context of population density. The city is about one-fourth the size of Melbourne and one sixth of Sydney but it has a population of over 14 million. Australia...
Ferdous AlamTHE smaller the role of the government in the economy, the better the prospect for efficient use of scarce resources for development goals. Following this principle, Bangladesh has been striving to achieve private sector-led economic growth over last two...
Ibne Sakhawat Recently, some national dailies published reports on employment of foreigners in local shipping business by way of what they said flouting the law of the land.The shipping companies are taking a large amount of money through the foreigners...
EVERY now and then we read about the murder of individuals by criminals. These are contract killings, that is, someone has paid for the murder of a fellow citizen. Or, a person has refused extortionists before he or she that...
Online banking has recently been getting attention. Almost all banks have introduced mid-to-wide range internet-based banking products and activities for their different kinds of clients. Bangladesh Bank has a donor-funded special programme to keep the financial institutions updated with the...
GKM Towfique HassanIn the film "Wall Street," the Villain started a speech with the world "Greed is Good". At that time it was accepted to be the most charitable explanation towards the reaffirmation of Adam Smith's economic philosophy. In the...
Md. Momin UddinWhile the previous caretaker governments were constitutionally bound to arrange national elections within three months of their formation, the present caretaker government took over with a declaration that they would take two years to hold the ninth parliamentary...
MUMBAI, Nov 28 (Agencies): More than 200 people were freed from Mumbai's Oberoi-Trident hotel complex as Indian commandos attempted to root out as many as six terrorists still in the Taj Mahal Palace and Tower hotel, police said. An operation...
BANGKOK, Nov 28 (agencies): Thai opposition protesters occupying Bangkok's two main airports say they are prepared to defend themselves against any police operation.A protest leader at the domestic Don Mueang airport said the demonstrators would "fight to the death".Emergency rule...
Some 13,000 people have fled into Uganda from a rebel advance in the Democratic Republic of Congo in just two days, the UN refugee agency says, report agencies. Some 250,000 people have fled their homes because of the recent upsurge...
ISLAMABAD, Nov 28 (Reuters): Pakistani President Asif Ali Zardari telephoned India's prime minister Friday to condemn attacks in the Indian city of Mumbai that killed at least 121 people and suggested "non-state actors" were responsible.Gunmen raided several places in India's...
An expensive CT scan that uses multiple X-rays to produce spectacular 3-D images of the heart can't replace tried-and-true coronary angiography for finding blocked blood vessels in chest-pain patients, according to a study in the New England Journal of Medicine.CT...
WASHINGTON, Nov 28 (AFP): The second-in-command of the Al- Qaeda terror network, Ayman Al-Zawahiri, said in a new internet video posted Thursday that Afghanistan's attempt to negotiate with the Taliban showed weakness. The one hour, 20 minute video, posted on...
Seven dead or missing after Air New Zealand jet crashes PERPIGNAN, (France), Nov 28: An Airbus A320 jet belonging to Air New Zealand crashed in the Mediterranean sea while undergoing tests, leaving the seven crew dead or missing, officials said....
FE ReportPrices of edible oil, onion, ginger continued to increase in the city's retail level during the last one week on the eve of holy Eid-ul-Azha while prices of other commodities including rice, lentil and coarse flour remained unchanged, traders...
FE Report Social Investment Bank Limited (SIBL) opened its 28th branch at Savar Thursday, said a press release.SIBL Chairman Abdul Awal Patwary formally inaugurated the new branch as the chief guest. Chaired by SIBL Managing Director KM Ashaduzzaman, the inaugural...
FE Report Southeast Bank Limited (SEBL) Deputy Managing Director Syed Imtiaz Hasib laid emphasis on the need for evolving appropriate steps for efficient implementation of MICR technology for BACH to manage the transition from current manual clearing house operations to...
Sarwar ZahanThe inter-bank call money rate mostly remained steady last week despite higher demand for cash and regular withdrawal of cash from the market through the central bank's tools, fund managers said.The market maintained stability because of adequate liquidity that...
FE Report BRAC Bank Limited opened a new branch at Rana Plaza at Savar recently, said a press release.BRAC Bank Director Nihad Kabir inaugurated the branch.Also present on the occasion were BRAC Bank Managing Director and Chief Executive Officer (CEO)...
November 23 - November 27, 2008Commercial Bank of CeylonUS dollar retained its muscular tone against Bangladeshi taka in the last week of the current month. Even though Bangladesh Bank (BB) was very vigilant on rate movement compared to other foreign...
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