FE ReportThe council of advisers on government purchase Tuesday asked the power ministry to re-evaluate proposals of the lone bidder Powertek for installation of Bibiyana 450 megawatt (MW) power plant in the country's northern region.The bid evaluation committee of the...
FE Report Telenor is committed to support the continued growth of Grameenphone, assured chairman of the Telenor Board of Directors at the end of his two-day visit to Bangladesh Tuesday.Talking about Grameenphone, the Telenor Board chairman said, "Grameenphone is a...
Naim-Ul-KarimThe Regulatory Reforms Commission (RRC) has despatched a proposal to the chief adviser's office recommending annulment of the provision that allows the government to send public servants into retirement without assigning any reason, officials said on Tuesday.They said the commission...
STOCKHOLM, Oct 7 (Reuters): Two Japanese scientists and a Tokyo-born American shared the 2008 Nobel Prize for physics for discoveries in sub-atomic particles, the prize committee said on Tuesday. The Nobel committee lauded Yoichiro Nambu, a Tokyo-born American citizen, and...
From Fazle RashidNEW YORK, Oct 07: The emerging markets took a severe battering yesterday as bourses around the world slipped to an all time low in a decade. The nations in Asia, South America and Europe are gripped by fear...
GENEVA, Tue Oct 7, (Reuters): The United Nations called on Tuesday for tougher regulation of financial markets to deal with the "crisis of a century" and warned that the global policy response risked creating a prolonged deflationary downturn. Adding its...
LOS ANGELES, Oct 7(Agencies): An unemployed financial adviser apparently despondent over his troubles shot and killed his wife, his mother-in-law and three children before taking his own life in a gated community, Los Angeles police said Monday.The 45-year-old financial manager...
FE ReportThe National Board of Revenue (NBR) will not prepare any list by scrutinising the tax files of those participating in election, but it will provide required information to the Election Commission (EC).NBR Chairman Muhammad Abdul Mazid said: "It is...
The High Court (HC) Tuesday asked former finance minister Saifur Rahman, charge-sheeted along with ex-Premier Khaleda Zia in the Barapukuria coalmine graft case, to surrender to and seek bail from the trial court within four weeks, reports UNB.Passing the order,...
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 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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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