K Atique -e- RabbaniBorn in plenty she gave everything and took nothing. There is nothing but fondest of memories and a gaping emptiness. She was to us - a gift from the heavens. The only daughter and second child of...
FE ReportThe Real Estate and Housing Association of Bangladesh (REHAB) received spot orders worth Tk 110 crore at the two overseas housing fairs it recently organised in the United States. REHAB considers it a good achievement in the context of...
Lalin FernandopulleGlobal financial crisis will hit construction industry - ICTAD chairman.He said with the melt down effect of the crisis on many foreign banks investments on housing and large constructions will decline."Despite many challenges the construction sector recorded a nine...
Ross ClarkWhen the economy sneezes, goes the old adage, the construction industry catches a cold. And with the economy going down with double pneumonia, there should in theory never have been a better time to hire a builder. It is...
Ng Baoying and Nicholas Fang Singapore's economy will see below-trend growth next year due to the continued impact of the global financial crisis and credit crunch, according to the Monetary Authority of Singapore (MAS).The central bank said in its latest...
Matt WoolseyAfter achieving a flashy new investment grade rating in May, the Brazilian economy has continued to grow, even as other emerging markets like India and China have succumbed to a global economic slowdown. The only drawback? Things there have...
After the longest, most expensive election campaign in US history, voters are about to elect the 44th president, reports BBC.Republican John McCain and Democrat Barack Obama have returned to their home states of Arizona and Illinois to vote and hold...
A death in the family on the eve of Election Day. After the deftly-worded condolences comes the gently-whispered question: what will be the impact on the race? Or, put another way, what are the politics of this personal bereavement? Certainly,...
Pakistan's president has warned the new head of US Central Command that missile strikes on Pakistani territory are "counter-productive", reports BBC .President Asif Ali Zardari told General David Petraeus that such strikes were detrimental to the "war on terror".Gen Petraeus...
Hunt for missiles after SKorean jets collide SEOUL, Nov 4: South Korea's air force was hunting for live missiles after two jet fighters collided north of Seoul Tuesday, the defence ministry said. Two F-5E jets brushed against each other during...
Parliament in Iran has voted to sack Interior Minister Ali Kordan after he admitted a degree he said he obtained from Oxford University was a forgery, reports BBC.Mr Kordan said he had received the doctoral certificate in good faith, but...
BRUSSELS, Nov 4 (AFP): The worst financial crisis for generations has driven the EU economy into recession and economic growth will come close to a standstill in 2009, the European Commission warned yesterday. The 15 countries sharing the euro have...
Our CorrespondentCHITTAGONG, Nov 04: The present trend of tax realisation without considering different aspects of earning may push taxpayers to illegal transactions and corruption would not cease to exist.Taxpayers made this observation while exchanging views with the National Board of...
NEW DELHI, Nov 4 (AFP): Indian builders hit by slipping profits are offering free cars and gold to kickstart once-booming demand but experts warn the gimmicks may not keep the housing industry afloat. The gifts range from Toyota four-wheel drives...
SYDNEY, Nov 4 (Reuters): Australia cut interest rates sharply Tuesday, presaging likely reductions in Europe later this week, and evidence of recession mounted despite glimmers of hope from major banks.For investors, the worst financial crisis in 80 years has all...
WASHINGTON, Nov 4 (AFP): The US Treasury said yesterday it would seek to borrow a record 550 billion dollars in the October-December period to help stabilise the financial sector hammered by the global credit crisis. The fourth-quarter borrowing estimate was...
MOSCOW, Nov 4 (PTI): Blaming the US for the ongoing financial crisis, Russia has said the global meltdown that erupted in America has spread to the entire world, forcing nations to "look for answers". "It is a crisis that started...
NEW DELHI, Nov 4 (PTI): Global financial turmoil and recessionary tendencies in major economies have impacted India's export growth, which slowed to 10.4 per cent in September even as the country increased its imports by 43.3 per cent over September...
BEIJING, Nov 4 (Xinhua): The cotton 901 contract in Zhengzhou Commodity Exchange (ZCE) ended nearly 3 per cent lower to 11,805 yuan/ton yesterday, the record low price since it was traded in the futures market. To stabilize cotton production for...
SINGAPORE, Nov 4 (AFP): Brent crude oil dropped below 60 dollars a barrel today amid concerns over weakening energy demand after data showed US and European economies facing a worsening economic outlook, dealers said. In morning Asian trade, Brent North...
TOKYO, Nov 4 (AFP): The dollar gained against the euro in Asian trade today ahead of the US presidential vote as dealers hoped the new leader would work to revive the ailing economy. The single European currency tumbled after confidence...
Our CorrespondentFARIDPUR, Nov 04: The soaring prices of essentials have added extra sufferings to the people of the low income and the middle income groups in the district of Faridpur.Common people are in fix about how they would lead their...
Mahmuda ShaolinThe Department of Fisheries (DoF) has taken a programme involving Tk 40 million (4.0 crore) to raise Hilsha output to 0.3 million (3 lakh) tonnes this year, officials said.Under the Jatka Conservation Programme for 2008-09, the government has already...
FE Report The inter-bank call money rate maintained steady level Wednesday despite withdrawal of cash through bills and bonds. The US dollar, however, appeared stronger against Bangladesh taka (BDT) in the inter-bank foreign exchange market because of moderate supply of...
Our CorrespondentCHITTAGONG, Nov 04: The Japanese Consultant firm may submit the feasibility study report of the much-discussed 'Deep Seaport' at Sonadia point in the Bay of Bengal this month. According to the concerned sources, the Japanese Consultant firm has meanwhile...
Our CorrespondentBRAHMANBARIA, Nov 4: The 53rd annual general meeting (AGM) of Bangladesh Gas Fields Company Limited (BGFCL), a subsidiary company of Petrobangla, was held on October 30, 2008 in Dhaka under the chairmanship of Mr. Kazi M. Aminul Islam, chairman...
Investment Corporation of Bangladesh (ICB) held 16th conference of managers of its seven branches in the city recently, says a press release. Managing Director of the corporation Md Ziaul Haque Khondker presided over the conference. General Manager (Operations) MA Motalib...
Our CorrespondentNILPHAMARI, Nov 04: Price of garlic has come down to all time low in Nilphamari district. At present one maund (40 kg) of garlic is being sold at Tk 500 in the wholesale market whereas during the harvesting season...
Medexpo-2008, the sixth 'international medical equipment and healthcare services exposition' will begin in the city at the Dhaka Sheraton Hotel tomorrow (Thursday), says a press release.Muhammad Abdul Mazid, Secretary, Internal Resources Division and Chairman, National Board of Revenue (NBR) will...
Sonali Bank Ltd will provide Tk 100 million long-term loan to Bangladesh Finance and Investment Co Ltd (BFIC). The companies entered into an agreement in this connection recently. BFIC MD-cum-CEO GM Salehuddin Ahmed and Sonali Bank DGM Md Shajahan signed...
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