TOKYO, Sept. 19 (Bloomberg): Asian stocks climbed the most in a month after the U.S. Federal Reserve cut its benchmark lending rate by half a per centage point to bolster growth in the world's largest economy. Toyota Motor Corp. climbed...
Our CorrespondentCHITTAGONG, Sept 19: A four-month long computer training on 'Basic PC and Internet', jointly organised by the Chittagong Chamber of Commerce and Industry (CCCI) and South Asia Enterprise Development Facility (SEDF) Knowledge Centre in the port city, concluded Monday.CCCI...
LONDON, Sept 19 (Bloomberg): European stocks climbed the most in more than a year after the Federal Reserve lowered its benchmark lending rate by half a per centage point to keep the world's largest economy growing. UBS AG, Deutsche Bank...
FE ReportBangladesh Shrimp and Fish Foundation (BSFF), Bangladesh Frozen Foods Exporters' Association and Department of Fisheries jointly organised a workshop titled 'Crucial Economic Role of the Shrimp Industry' for economic journalists in the city recently. Chairman of BSFF Syed Mahmudul...
PHNOM PENH, Sept 19 (Xinhua): A visiting delegation from the International Monetary Fund (IMF) has praised on Cambodia's sound economic progress, predicting that the economy will grow by 7.75 per cent next year on the back of continued expansion in...
FE ReportThe Council of the Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) has elected Itrat Husain president for the 2007-2008 term in its 100th meeting held in the city recently.Husain is one of the fellow and founder members...
Our CorrespondentCHITTAGONG, Sept 19: On completion of long 12 years of border trade through Teknaf between Bangladesh and Myanmar beginning from the year 1995, around Tk. 3.50 billion (350 crore) was earned as revenue during the period, concerned sources said.The...
FE Report The World Bank (WB) has approved a US$102.26 million credit to support Bangladesh government's efforts to improve national water resources management, said a WB press release. The WB approved the loan in Washington DC Tuesday for the Water...
FE ReportA two-day training on 'Bangladesh Private Sector Infrastructure Guidelines' was held at Bangladesh Bank (BB) Training Academy in the city on September 5-6.The programme, organised by Board of Investment (BoI), was sponsored by BB IPFF Cell, and facilitated by...
FE Report A two-day workshop on New Capital Accord (Basel II) began in the city Wednesday.Education Excellence, a new generation consulting, education and communication firm, organised the workshop at Brac Centre Inn in Mohakhali.Northern University Vice-Chancellor M Shamsul Haque inaugurated...
FE ReportThe Bangladesh Monitor has decided to introduce 'Airline of the Year' awards for the first time in the country, to be decided on frequent travellers' poll.The awards have been introduced to assess the popularity of the airlines in the...
ALTHOUGH the government was found quite well aware of the need to disburse agricultural loans in significantly higher amounts following the flood to aid in agriculture's recovery, the right policy decision appears to be getting frustrated at the implementation stage...
Enayet RasulTHE garments industries in Bangladesh which have been thriving and earning from exports well above the projections of the Export Promotion Bureau (EPB) in recent years, has suddenly slumped in the current year. The growth appears to have declined...
Andrew Bounds in Brussels and Javier Blas in Vienna EUROPE reacted to soaring cereal prices lately by seeking to boost output through scrapping limits on grain production imposed 15 years ago.The European Commission said it would suspend for at least...
Andrew EnglandAN Egyptian court has sentenced four newspaper editors to a year in prison for defaming Hosni Mubarak, the president, and his son Gamal.The judgment is seen as a setback for press freedom in Egypt, which has increased in recent...
THE budgetary allocations of the government during the last fifteen years or so showed a preference for the social sectors such as education, health and allied ones. Greater resources have certainly flowed into these sectors in a bid to developing...
NO doubt, the main challenge for the present government is to reduce the extent of corruption to a tolerable limit before holding an acceptable election. At the same time, it has been facing yet another challenge of reining in the...
Dr. Momtaz Uddin AhmedTHE success story of Malaysian economic development is a well rehearsal in the development literature and bears no repetition. A country heavily dependent on agriculture and primary commodities in 1960s has emerged as a modern export-driven economy...
Anjuman Ara ArjuMUBARAK Mia, a snake-charmer in his mid-40s, encashed a cheque from a Sonali Bank branch using his fingerprint. He knows how to catch a snake, a tough and risky job indeed. But he cannot write his own name,...
Manila, Sept 19 (AFP): Asia's economic growth prospects will get a strong boost from the US Federal Reserve's hefty cut in interest rates, Asian Development Bank president Haruhiko Kuroda said today. "The latest decision by the US Federal Reserve would...
BERLIN, Sept 19 (PTI): Blunty telling the developed world India does not seek charity, Finance Minister P. Chidambaram yesterday said the country only wanted an open, rule-based system of world trade and open markets. In the backdrop of the current...
MANILA, Sept 19 (AFP): A global free trade deal nearly six years in the making is not a certainty this year or next despite a convergence of positions by key countries and blocs, World Trade Organisation (WTO) chief Pascal Lamy...
RAMALLAH, West Bank, Sept 19 (AFP): The Palestinian economy remains crippled seven years after the outbreak of the intifada and needs 1.62 billion dollars in annual foreign aid to close the deficit, the World Bank said in a report obtained...
BERLIN, Sept 19 (AFP): The positive economic effects of an increasing number of university graduates can trickle down to the less well-qualified, according to a major report on education by the Organisation for Economic Cooperation and Development (OECD) released yesterday.University...
NOUAKCHOTT, Sept 19 (AFP): China has waived 44 million euros (61 million dollars) owed by Mauritania, Africa's newest producer of crude oil, the domestic news agency AMI reported yesterday. The amount encompasses six interest-free loans and Beijing took the step...
SINGAPORE, Sept 19 (AFP): Oil prices topped 82 dollars today, soaring to a fresh record in Asian trade after the Federal Reserve cut interest rates to boost the US economy. At 10:20 am (0220 GMT), New York's main futures contract,...
Houston, Sep 19 (PTI): India will soon be the second largest recovered paper market in the world after China, a new study has said. India is poised to make a major impact in the global recovered paper market with a...
TOKYO, Sept 19 (AFP): The dollar bounced off a record low against the euro in Asian trade today, recovering some of its heavy losses seen in the wake of the Federal Reserve's hefty interest rate cut, dealers said. The euro...
PORTO, Portugal, Sept 19 (AFP): EU agriculture ministers are growing anxious to ramp up cereals and milk production as farmers, who are used to an output glut, struggle to keep up with soaring demand and prices. Global grain prices have...
KATHMANDU, Sept 19 (AFP): Nepal's Maoists launched a campaign Wednesday against crucial polls set for November, a day after storming out of the government demanding the immediate abolition of the monarchy. The former rebels had four ministers in government who...
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