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The capital city during Eid

2008-10-08 00:00:00

FE ReportEvery Eid, the Dhaka city has less of traffic and crowd on the streets. This year was no exception. The Dhaka city once again because comfortable on the occasion of Eid-ul-Fitr.As more than six million people left the capital...

Sri Lanka plans Bali style development

2008-10-08 00:00:00

Sri Lanka is to offer a new tourism zone for development in Kalpitiya in the country´s north western coast, which has 14 islands in which to build eco-friendly resorts, officials said.The Kalpitiya Integrated Tourism Development Project (KITRP), and nearby islets...

Reality dawns in real estate

2008-10-08 00:00:00

Christopher CaldwellOn Wednesday, Barack Obama, the US Democratic presidential candidate, urged a solution to the finance crisis "that protects American taxpayers and our economy without rewarding those whose greed led us to this point". That evening, President George W. Bush...

Interior designers add quality to build value

2008-10-08 00:00:00

PJ WadeDuring the real estate boom, staging and cosmetic touch-ups were often all it took to launch buyers on a desperate race to make an offer before they ended up in a price-escalating, multiple-offer showdown. Now that calmer conditions exist...

Going solo in slow market a challenge

2008-10-08 00:00:00

Adrian Sainz Despite the glut of homes on the market, falling prices in many areas, and competition from bargain-basement foreclosures, plenty of homeowners still want to sell their properties without a real estate agent. For the intrepid and value-minded homeowner,...

Chinese contaminated baby food

2008-10-07 00:00:00

THE death of a number of children due to consumption of melamine-contaminated baby food in China recently has raised grave concern among the people and the government of that country. The concern has not remained confined to the territorial limits...

Limiting greenhouse gas emission

2008-10-07 00:00:00

Shahiduzzaman KhanNOTED author Robert Kaplan wrote that chaos would emerge as the main threat to global security in future decades. In an article titled 'The Atlantic', he said population growth and resource depletion would prompt mass migrations and incite group...

In need of quality private healthcare facilities

2008-10-07 00:00:00

Fahmida AkhterPRIVATE healthcare services are no doubt extending their services to a large number of people. Therefore, there are powerful arguments in favour of retaining and enlarging the private healthcare system in the country. Pathological testing centres, clinics and heart...

Supplying fresh vegetables

2008-10-07 00:00:00

WINTER, which is round the corner, is the best time of the year in Bangladesh for consumption of vegetables. The supply of vegetables in the winter is found to be particularly good in terms of price and variety. Health conscious...

Illegal use of electricity

2008-10-07 00:00:00

The power load-shedding has been a perennial problem in Dhaka city as elsewhere of the country. The economy is paying a heavy price due to short-supply of power and the citizens whether they are living in cities or towns or...

Discouraging smoking

2008-10-07 00:00:00

In many countries, tobacco has been made unavailable so that people feel discouraged to smoke. Even finding a place where smoking is allowed is really difficult in these countries. Recently, England adopted a law to force the tobacco producers to...

Traffic jams: Mobility at stake

2008-10-07 00:00:00

Mohiuddin BabarTHE South Korean President rode on a bicycle to his office on September 22, last. He was not sporting but physically endorsing his participation in a car-free movement organized in Seoul to motivate people in using public transport. Cars...

Ecological engineering to reshape earth

2008-10-07 00:00:00

Billy I AhmedHUMANS have always shown remarkable skill, innovation and ingenuity when faced with environmental hurdles. Instead of competing with or opposing the environment, they cooperate with it by resorting to 'ecological engineering', Ecos, co-evolution and the ecological paradigm. This...

China's financial system 'sound and safe' : Wen

2008-10-07 00:00:00

NANNING, Oct 6 (Xinhua): Chinese Premier Wen Jiabao said here yesterday that China's financial institutions have generally increased their strength, profitability and risk-resisting ability, and the financial system as a whole is sound and safe in face of the international...

India's corporate optimism sinks on worries about global economy

2008-10-07 00:00:00

NEW DELHI, Oct 6 (AFP): India's corporate optimism has sunk on worries about the global economy and weakening demand, according to a new survey today, as the stock market and rupee fell to fresh lows. Some 57 per cent of...

NZ slashes its economic growth forecast

2008-10-07 00:00:00

WELLINGTON, Oct 6 (AFP): The New Zealand government today slashed its economic growth forecast to nearly zero and said its accounts would fall deep into the red amid the country's first recession in a decade and global financial turmoil. The...

S Korea offers summit with China, Japan on financial turmoil

2008-10-07 00:00:00

SEOUL, Oct 6 (AFP): South Korean President Lee Myung-Bak today proposed holding a summit with his Chinese and Japanese counterparts to discuss ways to calm the global financial turmoil, his ruling party said. Lee will make the formal offer when...

ECB renews one-day loans of $50b

2008-10-07 00:00:00

FRANKFURT, Oct 6 (AFP): The European Central Bank (ECB) renewed today overnight loans of 50 billion dollars (37 billion euros), in what has become a daily effort to keep cash pumping through tight interbank money markets. The results of the...

China's holiday retail sales up 1pc

2008-10-07 00:00:00

SHANGHAI, Oct 6 (AFP): China's retail sales were up 21 per cent year-on-year during the week-long national holiday, the commerce ministry said today. Retail sales last week between September 29 and October 5 rose to 420 billion yuan (61.3 billion...

Euro falls to 14-month low as credit crisis spreads to Europe

2008-10-07 00:00:00

LONDON, Oct 6 (Bloomberg): The euro had its biggest one-day drop against the yen in nine years as the deepening credit crisis prompted European governments to pledge bailouts for troubled banks while stopping short of coordinated action. The 15-nation currency...

Substandard electronic, cosmetic items flood Reazuddin Bazar

2008-10-07 00:00:00

Our CorrespondentCHITTAGONG, Oct 06: Counterfeit electronic and cosmetic items of different categories have flooded Reazuddin Bazar and its surrounding areas of the city and the buyers are being deceived on procuring them seeing brand names, sources said.A small syndicate in...

India’s soyameal exports rise 38 per cent

2008-10-07 00:00:00

NEW DELHI (PTI): Country's soyameal exports surged by 38.64 per cent to 4.89 million (48.87 lakh) tonnes during the oil year 2007-08, according to the Soyabean Processor Association of India. Overseas sale of soyameal in the last year same period...

Gold will continue to outperform silver, platinum, palladium

2008-10-07 00:00:00

NEW YORK, Oct 3 (Bloomberg): Gold will continue to outperform silver, platinum and palladium on demand for a haven amid credit-market turmoil, analysts said. The CHART OF THE DAY shows gold is up 0.8 per cent this year as of...

Yen soars as speculators shun risk

2008-10-07 00:00:00

TOKYO, Oct 6 (AFP): The yen struck a near five-month high against the dollar and surged against a range of currencies as investors rushed to exit risky positions amid fresh turmoil on global markets. The euro hit a 13-month low...

Tanzanian tea output may rise 33pc by 2011-12

2008-10-07 00:00:00

KAMPALA, Oct 6 (Bloomberg): Tea production in Tanzania, Africa's fourth-largest grower of the leaf, may rise 33 per cent by 2011-12 as cultivation expands into new areas and as farmers replant unused acreage, the director of the Tanzania Tea Board...

Export of Square Pharma posts 10.13 pc growth

2008-10-07 00:00:00

FE ReportThe country's largest drug manufacturer Square Pharmaceuticals Ltd. has posted 10.13 percent growth in its annual export during the year that ended on March 31, 2008. The company's export sales, which amounted to Tk.192.95 million in the previous year,...

ICB Capital Management holds AGM

2008-10-07 00:00:00

FE ReportThe eighth annual general meeting (AGM) of ICB Capital Management Ltd (ICB CML), a subsidiary of Investment Corporation of Bangladesh (ICB), was held in the city Sunday.Chairman of the company Md Ziaul Haque Khondker presided over the meeting. ICB...

ICB AMCL announces NAV of two unit funds

2008-10-07 00:00:00

ICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), announced Net Asset Value (NAV) of its two unit funds recently, says a press release.The total NAV of ICB AMCL Unit Fund stood at Tk...

BKB disburses Tk 6.58b loan in three months

2008-10-07 00:00:00

Bangladesh Krishi Bank (BKB) disbursed agricultural loan amounting to Tk 6.58 billion during the first quarter of the current financial year, says a press release. This amount is Tk 1.52 billion higher than that of the corresponding period of last...

Standard Ins IPO lottery Oct 16

2008-10-07 00:00:00

FE ReportLottery for share allotment of Standard Insurance Limited will be held on October 16 at 10:30 am at the Bashundhara Convention Hall, Baridhara in the city.The lottery result will be posted on www.standardinsuranceltd.com and www.dsebd.org.The subscription of the insurance...