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Iranian traders feel the lure of eastern promise

2007-09-19 00:00:00

Najmeh Bozorgmehr from TehranCHINA could overtake Germany as the leading exporter of goods to Iran as early as this year, according to western diplomats and Iranian businessmen. The shift reflects Tehran's attempts to redirect its trade in the face of...

Exporting flowers and orchids

2007-09-19 00:00:00

Khurshid AzamTHERE are countries of the world which are sustained economically in great measures by their flower business. Holland, for example, is the world leader in producing for export huge quantities of flowers to the world's market. There is a...

Manpower export being subverted?

2007-09-19 00:00:00

The unholy contributions of some local manpower exporting agencies to the current pangs of many Bangladeshi expatriate workers in Malaysia ought to be thoroughly investigated and those found responsible for the plight of the humanity in distress be given very...

Right direction for trade unions

2007-09-19 00:00:00

One can say that the country is not too poorly served by labour laws and regulations. Trade union providing collective bargaining of workers with their employers are generally allowed in the industries and services here. Labour courts in Bangladesh have...

Medical centres without licences

2007-09-19 00:00:00

THERE are services which are extremely important for the simple reason that these involve human lives. The same are the medical services and for the obvious reasons no compromise can be allowed in running them properly or in desirable standards....

Religious violence spiking in Iraq, says State Dept

2007-09-19 00:00:00

Khody Akhavi from WashingtonDespite the addition of 30,000 U.S. troops to enhance security in the country, the freedom of average Iraqis to practice their religions deteriorated sharply during the past year, according to a report released Friday by the U.S....

Karamanlis, Papandreou close campaign marked by fires

2007-09-19 00:00:00

Harry PapachristouGreek Prime Minister Kostas Karamanlis and Socialist leader George Papandreou, scions of two political dynasties, hold final rallies tonight in an election campaign marked by deadly wildfires that have eroded support for both men's parties. The fires, which killed...

Geneticists crack the species code

2007-09-19 00:00:00

Stephen Leahy from Brooklyn, CanadaScientists are enthusiastic about a new DNA barcoding technology that will help keep illegal fish and timber out of global markets, slow the spread of invasive pests, and improve food safety and disease prevention and offer...

Hitler's buried bombs threaten cleanup of London Olympics site

2007-09-19 00:00:00

Brian LysaghtOne man may delay preparations for the 2012 London Olympics: Adolf Hitler. Construction crews are scouring the 500-acre Olympics site for bombs dropped by the Luftwaffe during World War II that failed to explode, adding time and expense to...

India's life insurance market set for boom

2007-09-19 00:00:00

NEW DELHI, Sept 18 (AFP): Wealthier, aging Indians will help transform the country's largely untapped life insurance market into one of the world's fastest growing over the next five years, a global consultancy says. Life insurance is already the most...

AI-Arafah Bank holds board meet

2007-09-19 00:00:00

FE ReportThe 154th meeting of the board of directors of the Al-Arafah Islami Bank Ltd was held at its board room in the city recently.Chairman of board of directors of the bank Md Anowar Hossain presided over the meeting. Directors...

Fed faces day of reckoning as markets clamour for rate cut

2007-09-19 00:00:00

WASHINGTON, Sept 18 (AFP): Federal Reserve policymakers face a moment of truth today as they meet on interest rates amid a sputtering economy, but with some arguing against a return to easy-money conditions blamed for the problems. The Federal Open...

Lankan July trade gap shrinks

2007-09-19 00:00:00

COLOMBO, Sept 18 (AFP): Sri Lanka's trade deficit in July narrowed 35.1 per cent from a year earlier to 225 million dollars in July as clothes and tea exports surged, according to official data today. July imports rose 6.2 per...

The two-way problem

2007-09-18 00:00:00

Operational problems, particularly relating to financial transactions, facing the big business houses whose owners are either detained or on the run following the interim administration's anti-corruption drive have not been addressed by the relevant authorities until now. It is up...

The issue of revival of jute sector

2007-09-18 00:00:00

Syed JamaluddinTHE Nagorik Committee led by Dr. Kazi Kholiquzzaman Ahmed has made some serious recommendations for revival of the jute sector in a Bengali daily. It will be worthwhile to examine how far these recommendations are workable and implementable. The...

US voters and foreign policy

2007-09-18 00:00:00

Stephen KaufmanUS foreign policy is on the minds of enough American voters that a candidate's positions on how he or she would work with the international community can be the deciding factor in an election. The growing importance of foreign...

Capital, not liquidity, is the problem

2007-09-18 00:00:00

Charles GoodhartTHERE are several odd features about current financial difficulties. They appear to have been initiated by relatively minor problems, rising defaults in a subsection of the US housing market, when the world's economy was otherwise in splendid shape. If...

Private banks may think of serving rural areas

2007-09-18 00:00:00

BANKING in Bangladesh cannot be entirely divorced from the principles of extending vital services in neglected areas or extending uniform facilities in the country to meet the requirements of equity and justice. Besides, mobilisation of resources from the rural areas--...

Child labour elimination

2007-09-18 00:00:00

In recent days, there exists growing awareness among a section of people about the need for eliminating child labour from various sectors of the national economy. These people do feel bad for the children when they see them working instead...

Debate on civil service reform

2007-09-18 00:00:00

Qazi Azad THE civil servants are no longer strong pillars in the country's public administration that they should receive all the beatings for bad governance. They are no more the head of their respective ministries. The deputy commissioners and the...

Bangladesh Vision 2020

2007-09-18 00:00:00

Maswood Alam KhanFORMER President of India Mr. A P J Abdul Kalam once asked a young girl when she asked for his autograph, "What is your dream?" The girl instantly replied, "I want to live in a developed India." Kalam...

Iraq needs an 'oil for peace' deal

2007-09-18 00:00:00

Nick Butler THE war in Iraq is not, of course, about oil. Coalition troops are there to advance democracy and to protect the innocent. But the consequences for the world's energy markets of an unresolved conflict in a country that...

China, India spur growth in developing Asia: ADB

2007-09-18 00:00:00

MANILA, Sept 17 (AFP): Growth in developing Asian economies should rise more than eight per cent this year and next buoyed by strong performances from China and India, the Asian Development Bank (ADB) said today. In a regional update, it...

Pressure building for Beijing to let yuan rise

2007-09-18 00:00:00

MANILA, Sept 17 (AFP): China will come under increasing pressure to let the yuan rise further against the dollar to deflate the bubble formed by its massive current account surpluses, the chief economist of the Asian Development Bank (ADB) said...

China's private sector employs 120m people

2007-09-18 00:00:00

GUANGZHOU, Sept 17 (CEIS): China's private enterprises employed 120 million people by September this year, up 9.5 per cent from the same month a year ago, said a senior official recently. "The private sector of the economy is a main...

Delhi wants agriculture in centre stage of WTO talks

2007-09-18 00:00:00

NEW DELHI, Sept 17 (PTI): India will not open its cards on offering market for industrial goods in the World Trade Organisation (WTO) talks unless the rich nations come upfront with their offers on cutting the agricultural subsidies, a senior...

ADB raises Indonesia '07-08 growth forecast

2007-09-18 00:00:00

JAKARTA, Sept 17 (AFP): The Asian Development Bank (ADB) said today it had slightly upgraded its growth forecast for Indonesia for 2007-08 due to stronger than anticipated growth in private consumption and investment. The ADB said it lifted its 2007...

China to convert coal into liquid fuel in 2008

2007-09-18 00:00:00

BEIJING, Sep 17 (PTI): China's largest coal conglomerate, Shenhua Group will produce the energy-hungry nation's first barrel of liquid fuel from coal in 2008 using a technology known as direct coal liquefaction. "We have finished 95 per cent of the...

Janata Bank Managing Director Md Mukter Hussain distributing certificates among the participants of computer course organised for the bank's executives (evening) recently. Janata Bank Training Institute DGM Kohinoor Alam and DGM (IT) Md Ibrahim Hossa

2007-09-18 00:00:00

Oil prices fall in Asia

2007-09-18 00:00:00

SINGAPORE, Sept 17 (AFP): World oil prices fell today in Asian trade, easing back from record highs reached last week, dealers said. New York's main futures contract, light sweet crude for delivery in October, was 52 cents lower at 78.58...