ISLAMABAD, Sept 16(BBC): Pakistan's army spokesman has made clear that its forces have been ordered to open fire if US troops launch another raid across the Afghan border. Army spokesman Major General Athar Abbas said that "no incursion is to...
MANILA, Sept 16 (AFP): The high prices of food worldwide are not likely to fall any time soon, and there are no quick solutions to the problem, the Asian Development Bank (ADB) warned today. "Scarcity is back, hunger is growing,...
FE ReportBangladesh and India are yet to initiate talks over the disputed offshore gas blocks as the second day of the three-day bilateral meeting mainly focused on settling an agreed point to determine the maritime boundary, officials said."Until Tuesday both...
LONDON, Sept 16 (AFP): World oil prices dipped briefly beneath 90 dollars a barrel Tuesday on growing economic gloom that was likely to further dampen demand for energy in the months ahead, traders said. OPEC on Tuesday cut its world...
Munima Sultana How long Dhanmandi would remain in high demand as a residential area? According to the real estate and housing association of Bangladesh (REHAB), it is still top the list among posh residential areas.The association has no specific data...
Richard PaoliFewer than 900,000 new homes were built in the United States last year, according to the National Association of Home Builders. In China, more than 10 million new housing units were completed in 2007, according to independent estimates.And riding...
Demand for office space in Bangkok has continued to pick up. Companies move forward with plans to relocate or acquire additional space after putting these plans on hold over the past two years due mainly to political uncertainty and an...
Margot Roosevelt Builders have known for decades that white roofs reflect the sun's rays and lower the cost of air conditioning. But now scientists say they have quantified a new benefit: slowing global warming. If the 100 biggest cities in...
Industries in Bangladesh do seriously need to comply with the regulation that they must set up effluent treatment plants (ETPs) for treating waste matters created during production process. It is also important to ensure that the relatively safer treated waste...
Maswood Alam Khan from Baltimore, USAA young man while studying in Kellogg in USA or in Rotman in Canada---two famous schools of business management in North America---knits a cocoon of dreams to work in prestigious investment banks like J P...
Fazle Rashid from New YorkThe US economy, arguably the most robust in the world, continues to be dogged by a deepening financial crisis. The worst of all there is no immediate end on sight. The financial giants are tumbling one...
HOW could the members of the business community demand more time, in the name of an integrated approach, for setting up waste treatment plants? They were given enough time to solve the problem. They did nothing and misused the time...
The Iftar rush hour is a very frustrating. One has to start a couple of hours earlier to reach anywhere in the city before Iftar. Thankfully, most workplaces close by 3:00 in the afternoon or thereabouts. The traffic jams are...
Tom EngelhardtIn a little noted passage in her bestselling book, The Dark Side, Jane Mayer offers us a vision, just post-9/11, of the value of one. In October 2001, shaken by a nerve-gas false alarm at the White House, Vice...
MANILA, Sept 16 (AFP): Asian growth will slow further this year and next as the turbulence on global markets fans inflation, the Asian Development Bank (ADB) warned today. Governments in the region will need to address inflation even if it...
GENEVA, Sept 16 (AFP): Africa has opened up its markets significantly to trade, but the move has not given the needed push to the continent's export performance, a United Nations trade and development agency report said yesterday. The UN agency...
BEIJING, Sept 16 (Xinhua): China's central bank said yesterday it would reduce the benchmark loan interest rate and the reserve requirement ratio for commercial banks to ensure a steady and rapid economic growth. The benchmark interest rate for one year...
BRUSSELS, Sept 15 (Xinhua): Total hourly labour costs in the Eurozone rose by 2.7 per cent in nominal terms in the second quarter of 2008 compared with the same quarter last year, said Eurostat, the statistical service of the European...
SINGAPORE, Sept 16 (AFP): Oil prices dropped more than three dollars in Asian trade today after the collapse of US investment bank Lehman Brothers accentuated fears for global economic health, analysts said. In afternoon trade New York's main contract, light...
TOKYO, Sept 16 (AFP): The dollar fell to two-month lows against the yen in Asia today as the Lehman Brothers' bankruptcy sparked worries over the entire global financial system, analysts and dealers said. The dollar was changing hands at 104.34...
FE ReportOracle, world's largest enterprise software company has announced the general availability of Oracle® Audit Vault Release 10.2.3.It will help business organizations secure all their enterprise databases and address regulatory requirements, said an Oracle statement Tuesday.This latest release of Oracle...
Our CorrespondentFARIDPUR, Sept 16: Farmers of Boalmari upazila kept upazila agriculture officer confined demanding supply of urea fertiliser recently.Police and local sources said around five thousand farmers gheraoed the fertiliser godown of dealer Ratan Sikder at Chandpur Bazar in the...
MANILA, Sept 16 (AFP): As crude oil prices fell overnight the Asian Development Bank warned regional governments today not to become complacent, saying the days of cheap oil were over. Oil prices have fallen more than a third in value...
The Securities and Exchange Commission Tuesday approved two new IPOs (Initial Public Offerings) of Tk 455 million and a new asset management company, reports UNB.The approval came at the regular ‘commission meeting’ chaired by SEC chairman Faruq Ahmad Siddiqi that...
City Bank and aamra technologies Ltd. signed an agreement for Sun Microsystems in City Bank head office recently, says a press release. Managing Director and CEO of City Bank K Mahmood Sattar and aamra technologies Ltd sales director for Vietnam...
FE Report The US dollar maintained its stable face against Bangladesh taka (BDT) in the inter-bank foreign exchange market with adequate supply of the greenback, fund managers said.The dollar appeared stable against taka and the exchange rate of the greenback...
FE ReportTurkish Ambassador Sakir Torunlar has stressed the need for enhanced trade volume between Bangladesh and Turkey."The trade relations between Bangladesh and Turkey are not at the satisfactory level. So we must try to bring the trade volume to $...
Industrial and Infrastructure Development Finance Company Limited (IIDFC) will act as the lead arranger for raising syndicated financing of Tk 1,935 million for BSRM Iron and Steel Company Limited (BISCO), a concern of BSRM Group, for setting up a billet...
FE ReportEastern Bank Limited (EBL) and Fire Service and Civil Defence Authority jointly held a fire extinguishing and rescue drill at the bank's head office in the city Monday.EBL staff took part in the drill under the supervision of fire...
FBCCI director Md Kohinur Islam has come back home recently after attending a "CAACI chamber operation course" held in Taipei, the capital of Taiwan, said a press release.Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) organised the course.As...
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