FE Today Logo

Search results for:


Somalis adapt to endless conflict

2007-06-30 00:00:00

Guled Mohamed Mogadishu taxi-driver Yusuf Ali starts work three hours later than usual after he has heard the latest security updates on the radio. "I don't use a road twice," he says. I call my two wives often just to...

Exiled Palestinian militants sidelined in Ireland

2007-06-30 00:00:00

Jonathan SaulWatching events unfold from afar in Ireland, exiled Palestinian militant Jihad Jara feels ashamed at the descent into enmity among Palestinians after Islamist group Hamas took over the Gaza Strip this month.Jara is among 13 Palestinian militants who were...

Books to change the way you do business

2007-06-30 00:00:00

Andrew HillThe judges of the Financial Times and Goldman Sachs Business Book of the Year Award on Monday selected The World is Flat by Thomas Friedman as the winner of the inaugural 30,000 pound prize, which was presented at a...

Morsels of wisdom from the zoo-keepers

2007-06-30 00:00:00

Stefan Stern"At the Royal Mail...all the signs are that morale in the company is much better than before," writes Allan Leighton, the Royal Mail's chairman, in this latest addition to the management bookshelves. His claim may well be justified.But the...

Brown pledges 'new public service spirit'

2007-06-30 00:00:00

Ben Hall, Political CorrespondentGordon Brown on Wednesday began assembling a fresh government team as he promised a change of priorities and a "new spirit of public service" after replacing Tony Blair as Britain's prime minister.Ushering in a fresh era in...

The CFO must become the CEO of Number 10

2007-06-30 00:00:00

John WillmanAs Gordon Brown prepares to assume the premiership on Wednesday there is one question that business leaders and management experts alike are longing to have answered: can he make the transition from finance director to chief executive?"Some finance directors...

Environment-India: Tigers not safe in own 'Home'

2007-06-30 00:00:00

Malini ShankarThe age-old conflict between man and tiger is, sadly, still manifest in thissupposedly protected sanctuary for big cats.Three years after the so-called 'Sariska Shock' of 2004, when it was confirmed that there were no more Royal Bengal tigers in...

Asian Economy warned against complacency

2007-06-30 00:00:00

Eileen NGAsian economies may have overcome the 1997-98 financial crisis but now face new threats such as income disparity, climate change and a possible global economic meltdown, government and business leaders said last Sunday."A shock will come at some point,"...

Soviet-Era Weapons Handy for Taliban

2007-06-30 00:00:00

Tahir QadiryWhile United States officials accuse Iran of arming a resurgent Taliban, officials here say the weapons are actually part of vast caches left behind by the Soviet army that fought a nine-year war in Afghanistan before withdrawing in 1988.Ustad...

Media -Thailand: Tug-of-War continues over Internet control

2007-06-30 00:00:00

Lynette Lee CorporalAgainst the backdrop of a key Thai official's latest statement, the tug-o-war between the government and campaigners against Internet censorship looks far from being resolved any time soon.At issue is how far the government can come in, citing...

If a quake hits markets, at least shock absorbers have improved since 1987

2007-06-30 00:00:00

David WesselWall Street wizards discover the world is riskier and more complex than they -- and their foolproof computer models -- recognize. Congress ponders tweaking the tax code to squeeze takeover kings. The U.S. trade deficit is widening, and the...

IAEA, NKorea reach agreement on shutdown

2007-06-30 00:00:00

PYONGYANG, North Korea, June 29 (AP): The UN nuclear watchdog and North Korea have reached an agreement on how the agency will monitor and verify shutdown of the country's main nuclear reactor, a top official said Friday. A team from...

US immigration bill crashes down

2007-06-30 00:00:00

WASHINGTON, June 29 (AFP): The US Senate dealt a severe blow to President George W. Bush Thursday, blocking a landmark immigration reform seen as one of his last, best hopes for a legacy-boosting second term victory. Senators voted 53 to...

Israeli president resigns over sex scandal

2007-06-30 00:00:00

JERUSALEM, June 29 (AFP): Israel's disgraced president Moshe Katsav resigned Friday, one day after signing a controversial plea bargain that will see him convicted of sexual offences but not of initial rape charges. Katsav, who suspended himself from duty in...

US, Myanmar hold rare talks in China over Suu Kyi

2007-06-30 00:00:00

WASHINGTON, June 29 (AFP): The United States held rare talks with the Myanmar military junta in Beijing to press for the release of the Southeast Asian state's democracy icon Aung San Suu Kyi, the State Department said Thursday. At the...

Hu arrives in HK for celebrations marking handover

2007-06-30 00:00:00

HONG KONG, June 29 (AFP): President Hu Jintao arrived here Friday at the start of three days of celebrations marking Hong Kong's first decade after returning to Chinese rule. The Chinese leader is expected to kick off his visit with...

Pak villagers hit hard

2007-06-30 00:00:00

TURBAT, June 29 (AP): Hungry victims of monsoon-spawned floods rioted Friday, protesting slow, meager aid reaching their marooned villages where many feared the receding waters would yield numerous corpses. Police fired tear gas and shots into the air but failed...

British police defuse bomb in London

2007-06-30 00:00:00

LONDON, June 29 (AP): Police thwarted an apparent terror attack Friday, discovering a parked silver Mercedes that was packed with gas containers and a large number of nails. The attack would have caused "significant injury or loss of life," police...

Five US soldiers killed in Baghdad

2007-06-30 00:00:00

BAGHDAD, June 29 (AFP): Insurgents killed five US soldiers and wounded seven more in an ambush in which they detonated a roadside bomb and opened fire on a patrol in Baghdad, the US military reported Friday. The attack took place...

Malaysian Muslims protest Rushdie's knighthood

2007-06-30 00:00:00

KUALA LUMPUR, June 29 (AFP): Hundreds of Malaysian Muslims demonstrated Friday outside the British and US diplomatic missions to protest against Salman Rushdie's knighthood and the Bush administration. Led by Malaysia's main Islamic opposition, the Pan-Malaysia Islamic (PAS) party, about...

Two accused of extortion in UK girl case

2007-06-30 00:00:00

MADRID, June 29 (AP): An Italian man and Portuguese woman who allegedly tried to extort money from the parents of missing British 4-year-old Madeline McCann remained in custody in southern Spain Friday pending further questioning, a police spokeswoman said. Police...

China appoints non-Communist cabinet member

2007-06-30 00:00:00

BEIJING, June 29 (AFP): China Friday appointed only its second non-Communist Party member to the country's cabinet since the 1970s, state media reported. A French-trained scientist Chen Zhu, aged 54, has been give the position as the country's new health...

Inclement weather pushes up prices of chilli, vegetables

2007-06-30 00:00:00

FE ReportThe inclement weather across the country has made green chilli and some vegetables dearer in the city markets as their production was hampered. The prices of edible oil at the wholesale level continued to fall in the local markets.During...

National Housing Finance approves 17.50pc stock dividend

2007-06-30 00:00:00

The 8th annual general meeting of the National Housing Finance and Investments Limited was held at a city hotel recently, said a press release.Chairman of the company M Haider Chowdhury presided over the meeting.National Housing commenced its operation with a...

Phoenix Insurance declares 30pc stock dividend

2007-06-30 00:00:00

The 21st annual general meeting of the Phoenix Insurance Company Ltd was held in the city Wednesday, said a press release. The company declared 30 per cent stock dividend for the shareholders for the year 2006.Chairman of the company Mohammad...

BB to give incentive for recovering Tk 5.0,Tk 2.0 coins

2007-06-30 00:00:00

FE ReportThe Bangladesh Bank (BB) has planned to provide incentive to the public for recovering Tk 5.0 and Tk 2.0 coins, which have already disappeared from the market. "We are planning to recover such coins from the public providing incentive...

Call rate remains almost steady

2007-06-30 00:00:00

Sarwar ZahanThe inter-bank call money rate was almost steady last week despite regular withdrawal of significant amounts of cash through auctions of reverse repurchase agreement (repo) and treasury bills, fund managers said.The central bank, on the other hand, refrained from...

weekly currency roundup

2007-06-30 00:00:00

Standard Chartered BankJune 24 - June 28, 2007The US dollar/BDT market was liquid and BDT gained ground against USD last week. Dollar showed a downward trend against Bangladeshi Taka.Money MarketOvernight money market was flat last week. The call money rate...

Sadharan Bima Corporation earns Tk 420.40m net profit

2007-06-30 00:00:00

Sadharan Bima Corporation (SBC), the only general insurance organisation in the public sector, earned net profit of Tk. 420.40 million in 2006 as against Tk. 363.80 million in 2005, said a press release. It has contributed Tk 380.40 million in...

NBR hope to mop up additional revenue from customs dashed

2007-06-30 00:00:00

Doulot Akter MalaThe changes in duty structure proposed initially in the national budget for the fiscal 2007-08 will cause losses to the tune of Tk 4.09 billion (409 crore) to the public exchequer.The government has reduced the proposed duties on...