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Life after Doha: Why FTAs are good

2008-09-25 00:00:00

Jorge HeineThe collapse of the Doha Round, the first post World War II multilateral trade round has brought to the fore the issues that need to be moved forward for trade liberalisation. This has coincided with the publication of an...

Do they care about the nation's expectations?

2008-09-25 00:00:00

Mohammad A SattarTHE question that disturbs many now is whether Bangladesh would revert to the past politics of irresponsible utterances and erratic conduct of leaders. Many of them tend to forget that it is the responsibility of the politicians to...

Policies on merchant power plants, renewable energy

2008-09-24 00:00:00

There has been no dearth of government initiatives in recent years to beef up generation of power to meet the rising demand for the same. But for reasons best known to the authorities concerned, most plans and programmes for setting...

Support for religious extremism eroding

2008-09-24 00:00:00

Fazle Rashid from New YorkMORE women are getting involved in politics worldwide than in the past decade, revealed a UN study. Women parliament members worldwide account for 18.4 per cent. The survey was conducted by the UN Development Fund for...

The changing concept of security

2008-09-24 00:00:00

Syed Ashraful HasanThe traditional concept of security has undergone a sea change. Previously, a state's security was identified mainly with military security. Developments at the international, regional and local levels over the last three decades or so, proved this to...

Is the poultry sector heading for the abyss?

2008-09-24 00:00:00

Whether we realise it or not, the poultry sector of the country is facing disaster. Reports of the grim situation have been highlighted by the media. About 220 billion takas had been invested in the sector. Currently, that investment has...

Contaminated milk

2008-09-24 00:00:00

Bangladesh is one of the countries which import powdered milk from China. In China, milk added with melamine, used in plastics, has been blamed for causing severe renal problems and kidney stones among children. It caused death to a number...

Browsing Newspaper on Mobile

2008-09-24 00:00:00

You can browse every newspaper - including your esteemed daily The Financial Express - on your mobile phone connected with Internet.Also you can browse LETTER TO EDITOR on your cell phone, having taken the net connection from mobile operators at...

Happy Peace Day!

2008-09-24 00:00:00

Mohammad Shahidul IslamTHE first Peace Day was observed in September, 1982. The United Nations General Assembly, in 1981, declared in a resolution sponsored by Costa Rica, the third Tuesday of September (the opening day of regular sessions of the General...

Meeting of the two political leaders

2008-09-24 00:00:00

Mohammad Ataul HoqueWith the sudden change in the national political scenario, there are suggestions for holding a meeting between the leaders of two "major" parties. But no one has specified anything about its agenda or its ultimate goal. These two...

Call on rich nations to honour their pledge to double annual aid

2008-09-24 00:00:00

UNITED NATIONS, Sept 23 (AFP): A UN summit on Africa's development wrapped up here yesterday with a call on rich countries to honor their pledge to double their annual aid to the continent, which is struggling to meet poverty reduction...

US holiday sales set for worst gain in six years

2008-09-24 00:00:00

NEW YORK, Sept 23 (Reuters): The tumultuous economic climate will constrain US holiday sales growth to its lowest level in six years and a turnaround is not likely until the second half of next year, a leading retail trade group...

OECD supports US financial rescue plan

2008-09-24 00:00:00

PARIS, Sept 23 (Internet): The Organisation for Economic Cooperation and Development (OECD) grouping of 30 leading economies welcomed the 700-billion-dollar US plan to bail out the financial system Tuesday, saying markets should stabilise as policymakers worked on the details. In...

India eases foreign borrowing rules to aid infrastructure

2008-09-24 00:00:00

NEW DELHI, Sept 23 (AFP): Indian companies building badly needed infrastructure, seen as key to economic growth, can now borrow more abroad, the government announced, to counter a domestic borrowing crunch. Firms working to improve dilapidated roads, gas, ports and...

Singapore's GIC reports 7.8pc annual return

2008-09-24 00:00:00

SINGAPORE, Sept 23 (AFP): The government of Singapore Investment Corporation (GIC), one of the world's largest sovereign wealth funds, said today its nominal annual rate of return over the past 20 years was 7.8 per cent in US dollar terms....

Crude oil trades lower after biggest one-day gain

2008-09-24 00:00:00

SINGAPORE, Sept 23 (AFP): Crude oil traded lower in Asia today after the benchmark New York futures contract soared more than 16 dollars for its biggest one-day gain ever. The massive price surge stemmed partly from hopes that a US...

Oxfam calls for bold leadership to fight poverty

2008-09-24 00:00:00

NAIROBI, Sept. 23 (Xinhua): International aid agency Oxfam yesterday called on world leaders to redouble their efforts to fight the impact of rising food and fuel prices, which it said are eroding real gains in poverty reduction. Oxfam said in...

Dollar trades mixed as uncertainty weighs

2008-09-24 00:00:00

SINGAPORE, Sept 23 (AFP): The dollar traded mixed today but remained volatile as traders waited for more details on a US government plan to buy mortgage-related assets at the root of a global financial crisis, dealers said. The greenback eased...

Third Indo-Nepal Power Summit begins

2008-09-24 00:00:00

KATHMANDU, Sept 23 (PTI): To explore hydro power cooperation between India and Nepal, Minister of State for Commerce and Power Jairam Ramesh along with a 60 member delegation will participate in a two day power summit beginning today. The Third...

No price hike of essentials in Faridpur during Ramadan

2008-09-24 00:00:00

Our CorrespondentFARIDPUR, Sept 23: There has been no adverse effect of Ramadan on the rural markets in the district of Faridpur. The price of the essential commodities has not increased during the month, rather, in some cases, the price has...

Entrepreneurs maintain lower expectation for price rise

2008-09-24 00:00:00

BEIJING, Sept.23 (Xinhua): Chinese businessmen's expectation for price rises moderates, but export order confidence index continues to retreat, according to a survey by the central bank. The survey involving 5,000 enterprises shows that the indices for overall production material price,...

$350m island resort to be built in Dubai

2008-09-24 00:00:00

DUBAI, Sept 23 (PTI): A Dubai-based real estate developer has announced to create, own and operate a 10.5 hectare ultra luxury resort on a man-made island, 14 km from the Dubai coastline. To be built at a cost of USD...

New MD sees image building as immediate challenge for Biman

2008-09-24 00:00:00

Mushir AhmedNew Biman managing director Air commodore Zahed Quddus said he wants to enhance the national carrier's image and make it profitable "as soon as possible"."Let me do the studies first. But what I can tell you is that my...

Midas to disburse Tk 100m term loan to LankaBangla Securities

2008-09-24 00:00:00

FE Report A term loan agreement for Tk 100 million (10 crore) was signed between Midas Financing Limited and LankaBangla Securities Limited in the city recently, said a press release.As per the agreement, Midas Financing will disburse the loan to...

Bangladesh food cos to attend Foodex Japan 2009

2008-09-24 00:00:00

FE ReportFoodex Japan 2009, the largest food and beverage exhibition in Asia and Pacific region will be held between March 3 and 6, 2009 at Makuhari Messe, Chiba in Japan and a pavilion, called 'JETRO Zone' will also be arranged...

Cement cos import the same, govt losing Tk 300m revenue

2008-09-24 00:00:00

Our CorrespondentNILPHAMARI, Sept 23: There prevails a huge demand of Boropukuria fly ash in the cement factories across the country, but prolonged delay in formulating the modalities to sell it frustrated them. The government is also losing revenue worth nearly...

Nasir celebrates 50 yrs of service in insurance industry today

2008-09-24 00:00:00

FE ReportBangladesh's leading insurance expert Nasir A Choudhury celebrates 50 years of his service in insurance industry today (Wednesday). Mr. Choudhury, presently the managing director and CEO of the Green Delta Insurance Company Ltd (GDIC) started his career on this...

Prime Islami Life Ins approves 20pc stock dividend

2008-09-24 00:00:00

The eighth annual general meeting (AGM) of Prime Islami Life Insurance Limited has approved 20 per cent stock dividend.The AGM was held in the city recently. Chairman of the company MA Wahhab presided over the meeting, said a press release....

Janata Bank appoints agents to recover bad loans

2008-09-24 00:00:00

Janata Bank Limited has appointed four private agents for recovery of bad loans.The companies are Speed Services Limited, Multipromotional Services Limited, The Peoples Development Services Corporation Limited and Waso Engineers and Consultant (BD) Limited.In this connection, agreements were signed between...

Call rate eases, dollar gains ground

2008-09-24 00:00:00

FE Report The inter-bank call money rate eased slightly Tuesday despite withdrawal of a large amount of cash through reverse repurchase agreement (repo). The US dollar, on the other hand, gained ground against Bangladesh taka (BDT) in the inter-bank foreign...