Shakhawat Hossain The government will provide Tk 75 billion to the Bangladesh Petroleum Corporation (BPC) to raise its paid-up capital before issuance of bond next month, official sources said.The Ministry of Finance (MoF) at a meeting Sunday took the decision...
SIRAJGANJ, Aug 19 (BSS): Chief of Army Staff General Moeen U Ahmed today focused on cultivation of vegetables and rice, saying intensive cropping should be started once the floodwaters recede from the affected areas."This is not for the first time...
The government Sunday approved a new organogram of 1,281 staffers for the Anti-Corruption Commission (ACC), an official said, reports bdnews24.com.The organogram was approved at a meeting of the National Implementation Committee for Administrative Reforms (NICAR) at the Chief Adviser's Office....
BANGKOK, Aug19 (Internet): Thai voters endorsed a new constitution Sunday as the country eases its way toward the end of nearly a year of military rule and into the messy politics of a democratic election, exit polls showed.A survey by...
FE Report The Export Promotion Bureau (EPB) has submitted a proposal to the Ministry of Commerce (MoC) fixing the country's export target for the current fiscal at $13.50 billion, official sources said.The target is 10 per cent higher than that...
Alan CaneHow all life could be a feat of clayThe latest theories on the origin of life on this planet suggest an unearthly route by which matter became alive almost 4.0bn years ago.The first, from a team led by V.N....
FE Report The National Board of Revenue (NBR) is preparing a uniform form for the banks to facilitate declaration by the depositors about their savings certificates. This was disclosed by NBR's Tax Policy Member Ali Ahmed at a meeting with...
Storms lash Chinese coast, killing 15BEIJING, AUG 19 (AP) : At least 15 people were killed as Typhoon Sepat hit the Chinese mainland after more than 900,000 were evacuated as a precaution, state media reported Sunday.Xinhua News Agency said a...
FE ReportThe US dollar appeared soft against the Bangladesh taka (BDT) Sunday in the interbank foreign exchange market with stable demand for the greenback, fund managers said.The market was moderately active due to weekend in the international market.The exchange rate...
The government will auction three international gateway (IGW) and two interconnection exchange (ICX) licences among private operators in October, a top official said Monday. But no foreign company or foreign joint venture will qualify to apply for IGW or ICX...
John Authers HERE is a paradox. The world's economy is steadily "decoupling" from the US. The extent of the effect can be overstated, but it is plain that a new engine of growth is rising, in China and India, and...
M. C. M. Lokman Hossain AIDS is a devastating worldwide pandemic, impacting not only those who are infected, but also their families, the society, the healthcare system and the national economy. Typically HIV/AIDS affects young and middle-aged adults -- 10%...
John Aglionby from JakartaINDONESIAN civil servants have a reputation for spending their working hours brokering personal deals, playing computer games and watching soap operas. But if Jakarta's Tanjung Priok port customs headquarters is anything to go by, a seed of...
Andrew Taylor from LondonTHE rise in the size of Asia's labour force is expected to slow over the next decade threatening output growth in some of the region's fastest growing economies, according to the International Labour Organisation.Uneven rates of population...
Richard McGregor from BeijingA much-predicted slowdown in Chinese exports failed to materialise in July with China recording another near-record trade surplus of $24.4bn, its second highest, in spite of a surge in monthly oil imports.Many commentators and some Chinese officials...
The price of soya bean oil, the basic cooking essential of all classes of people, has hit its highest ever recorded level between Tk 95 and Tk 100 per litre in loose form in the retail markets. More remarkable has...
Shamsul Huq ZahidJute has become almost a history. None except for jute growers and the management of a declining band of public and private jute mills cares much about it. Farmers who are still growing jute, in most cases, are...
Jo JohnsonDIVIDE and rule is the oldest move in the general's play-book. President Pervez Musharraf is now close to co-opting Benazir Bhutto into a power-sharing arrangement that would artificially prolong his political life. This is a sad reflection on the...
Victoria Kim from New York THE Bill and Melinda Gates Foundation is making its first foray into Iraq, funding a new initiative to relocate more than 150 scholars facing threat and persecution.In a departure from its focus on projects in...
If the free economy is a train, the business people, the manufactures and the traders, are its engine and wheels. To fight the soaring inflation, it is essential to take them into full confidence and secure their unhesitant, unreserved support....
The market economy seems to have some proximity to mines. Pumping out too much of its minerals fast exhausts the deposit and the life of a mine. Similarly, a harsh battle for realizing more taxes can exhaust a free market...
PUBLIC universities and institutions of higher learning in the country have reportedly been suffering generally from not having adequate number of teachers, on the one hand, and not getting dedicated teaching from the available teachers, on the other. The shortage...
SHENZHEN, China, Aug 19 (Reuters): The steep paper losses that China has suffered on its $3 billion investment in Blackstone Group will not deter its embryonic sovereign wealth fund from making further investments in private equity and hedge funds, according...
BERLIN, Aug 19 (Agencies): German Chancellor Angela Merkel reiterated her call for increased transparency in global finance following the recent turmoil in markets around the world, in an interview to be published today. "At the end of the day we...
NEW DELHI, Aug 19 (PTI): India will need an investment of USD 475 billion during the 11th plan ending 2012 to upgrade infrastructure so as to sustain an economic growth of nine per cent every year, Finance Minister P Chidambaram...
BEIJING, Aug 19 (Xinhua): The first China-Latin America business summit will be held in Santiago, Chile, on November 27 and 28, according to the China Council for the Promotion of International Trade (CCPIT). The CCPIT, the Export-Import Bank of China,...
LEH, India, Aug 19 (AFP): Perched high above the Himalayan town of Leh, a warren of traditional mud-brick houses squats by the ruins of the royal palace and a monastery, appearing to grow out of the mountainside. These homes in...
FE ReportShahjalal Islami Bank Limited (SJIBL) distributed relief materials including rice, dal, saline and water-purification tablet etc among more than 600 flood-affected families in the city's Manda area Saturday. SJIBL board of directors Chairman Sajjatuz Jumma, Sponsor Shareholder Khandakar Sakib...
PARIS, Aug 19 (AFP): After the boom years of soaring house prices, the European housing markets appear to have stabilised and are generally sheltered from the fallout of the US subprime mortgage crisis, analysts said. Far from the alarmist warnings...
MAPUTO, Aug 19 (Xinhua): The increasing demand of base metals on the international market could be one of the reasons fueling the "race" for scrap metals in Mozambique, an activity that often is being supplied with stolen materials, the official...
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