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Japan PM resigns

2008-09-02 00:00:00

TOKYO, SEP 1 (AP) Japan's unpopular prime minister, Yasuo Fukuda, announced his resignation Monday after less than a year in office. Fukuda, in a hastily arranged news conference Monday evening, said he was stepping down to avoid a political vacuum...

Venture capital to fund potential SMEs

2008-09-02 00:00:00

CAPITAL is the crucial factor to launch any enterprise big or small. In Bangladesh, labour is abundant, but capital is in short supply. The institutional sources of fund including the banks have the supply of capital at a comfortable level....

Long road to democracy

2008-09-02 00:00:00

Enamul HaquebrIN 1989, all the political parties in varying degrees were united in a struggle against the autocratic rule of Gen. H M Ershad. At the peak of the movement that year, they signed an all-party declaration. The declaration pledged...

Exporting more trained people

2008-09-02 00:00:00

Syed Ashraful Hasan brGREATER remittance can boost the country's foreign exchange reserve as well as its import operations and support development projects. The remittances would support the families of the overseas workers to come out of poverty faster.brIt is estimated...

The standard of educational institutions

2008-09-02 00:00:00

SOME educational institutions face harsh criticism for their failure to provide quality education. But the contribution of some educational institutions, colleges and universities to creating skilled manpower for the country cannot be ignored. Some specialised technical institutions enjoy a reputation...

Making tobacco unaffordable

2008-09-02 00:00:00

CIGARETTE prices, in many countries, have been increased to make it unaffordable. They strictly maintain and expand the no-smoking zones to ensure a healthy environment for people. These steps encourage people to discard smoking. brIn our country, the government had...

BCS exams

2008-09-02 00:00:00

I have graduated from Bangladesh University of Engineering and Technology. Due to corruption in recruitments I wanted to go to the USA. I got scholarship in the year 2008. But by this time a new government came to power. People...

The Beijing Olympics and Bangladesh

2008-09-02 00:00:00

Ahmed Khaled RashidbrTHE curtain fell on the Beijing Olympics 2008 on August 24 last. By and large, the biggest sporting spectacle is acclaimed to be an immense success. Despite the many doubts about timely preparations, adequacy of the sporting venues...

A report that makes no sense

2008-09-02 00:00:00

Ahmad Hafiz KhanbrTHE Ministry of Science & Information & Communication Technology (ICT) started its journey with high hopes and expectations. The whole bubble of hopes and expectations was shattered by the saga of misuse of Taka 180 million of the...

S Korea announces tax cuts to stimulate economy

2008-09-02 00:00:00

SEOUL, Sept 1 (AFP) South Korea announced today sweeping tax reforms, including income and corporate tax cuts designed to stimulate sluggish private consumption and business investment. brThe ministry of strategy and finance said the government would cut 20.7 trillion won...

G20 examines slowing world economy, inflation

2008-09-02 00:00:00

RIO DE JANEIRO, Sept 1 (AFP) Officials from the Group of Twenty (G20) industrialised and developing nations wrapped up a weekend meeting here yesterday that examined the effects of slowing world economic growth and climbing inflation, participants told reporters. brWe...

Russia to suspend some of its WTO agreements

2008-09-02 00:00:00

MOSCOW, Sept 1 (AFP) Russia will suspend some of its agreements made during its bid to become a member of the World Trade Organisation (WTO), Interfax quoted Prime Minister Vladimir Putin as saying yesterday. brPutin said the deals covering elements...

China to ease fiscal policy to stimulate economy in 2009

2008-09-02 00:00:00

BEIJING, Sept 1 (Xinhua) Standard Chartered Bank has called on China to ease its fiscal policy in 2009 to give a spur to its domestic economy. brThe bank said in a research report that although China's inflation stays at a...

French economy growing below target

2008-09-02 00:00:00

PARIS, Sept 1 (AFP) Prime Minister Francois Fillon said today he hoped the French economy will still grow this year at about one per cent, well down on the government's target of 1.7 to 2.0 per cent. brI hope that...

Nepal's coalition govt committed to 'economic revolution'

2008-09-02 00:00:00

KATHMANDU, Sept 1 (PTI) Nepal's Maoist-led coalition government was committed to an economic revolution in the country, Prime Minister Prachanda said today, in an attempt to ease fears of the international community anxious about the policy of the ultra-leftist former...

Thai inflation slows to 6.4pc as oil prices fall

2008-09-02 00:00:00

BANGKOK, Sept 1 (AFP) Thailand's inflation rate in August fell back from a 10-year high to 6.4 per cent mostly due to falling world oil prices, the commerce ministry said today. brInflation dropped significantly from July, when it reached another...

Oil prices rise as Gustav shuts Gulf installations

2008-09-02 00:00:00

SINGAPORE, Sept 1 (AFP) World oil prices rose by more than one dollar in Asian trade today after Hurricane Gustav forced the shutdown of almost all oil production in the Gulf of Mexico. brNew York's main contract, light sweet crude...

Walton fridge offers six months replacement warranty

2008-09-02 00:00:00

FE ReportbrRB Group of Companies Ltd, a fast-growing business enterprise, in the country, is now offering six months replacement warranty of its 160 litre size Walton refrigerators for its customers on the occasion of holy Ramadan and Eid.brDirector (marketing) of...

LiveBean Academy starts journey

2008-09-02 00:00:00

FE Reportbr'LiveBean Contact Centre Academy of Excellence' started its commercial journey Saturday, said a press release.brIt began through a detailed workshop titled 'Ride the Next Wave' on call centre training and its future in Bangladesh' at Samarai Convention Centre in...

NBR to conduct study to devise easier VAT collection procedures

2008-09-02 00:00:00

FE Report brThe government's revenue board will conduct a study to devise easier VAT (value added tax) collection procedures to give a further boost to the earnings under this head of revenue collections.brChairman of the National Board of Revenue (NBR),...

Southeast Bank's registered head office relocated

2008-09-02 00:00:00

FE Report brThe registered head office of Southeast Bank Ltd has been shifted from its old address to levels 2, 3 and 16 of Eunoos Centre in the city's Dilkusha area Sunday. brAlamgir Kabir, chairman of the bank, formally inaugurated...

Eskayef obtains UK MHRA certification

2008-09-02 00:00:00

Raihan M ChowdhurybrEskayef Bangladesh Ltd, one of the leading pharmaceutical manufacturers and exporters of Bangladesh has obtained accreditation from UK-based Medicines and HealthCare Products Regulatory Agency (MHRA) for its new plant at Tongi.brWe are extremely happy to disclose that Eskayef...

AKTEL's new promotional offer

2008-09-02 00:00:00

AKTEL, a leading mobile operator in the country, has announced recently a new promotional offer for its customers. brUnder the new offer, any AKTEL prepaid customer who reactivates his SIM, will enjoy talking at the best rate in the country...

Call rate raises ground, dollar unchanged

2008-09-02 00:00:00

FE Report brThe inter-bank call money rate gained ground Monday in an active market due to increased pressure on liquidity. The US dollar, on the other hand, remained stable against Bangladesh taka (BDT) in the inter-bank foreign exchange market because...

Warid beautifies, preserves Banani Lake

2008-09-02 00:00:00

Warid Telecom, the fastest growing mobile phone operator in the country, has cleaned Banani Lake to make it pollution free and give a pleasant look for recreation of the city people, with the slogan 'Preserve Nature for a Safe Future'.brWarid...

MTBL signs deal with Seylan Bank

2008-09-02 00:00:00

From now on expatriate Bangladeshis living in the UAE, Singapore, the UK, the USA, Oman, Lebanon, Kuwait, Australia, Jordan, Italy, Nepal, Qatar and Malaysia will be able to send their hard-earned money through Mutual Trust Bank Limited (MTBL).brIn this connection,...

corporatewatch

2008-09-02 00:00:00

Trading of Govt Treasury Bonds bropen at DSE todaybr20 year Govt Treasury Bond Trading of 20 year Government Treasury Bond issued on August 27, '08 will start at DSE from today (Tuesday). DSE Trading Code for 20 year Govt. Treasury...

US- led troops kill 3 members of a Afghan family

2008-09-02 00:00:00

KABUL, Sept 1 (Reuters) Hundreds of protesters blocked a road in Kabul Monday accusing US-led troops of killing three members of a family, including two children, in a raid in the city, residents and witnesses said. NATO and US military...

Russia warns West against Georgia support

2008-09-02 00:00:00

MOSCOW, Sept 1 (Agencies) Russia warned the West Monday against supporting Georgia's leadership and called for an arms embargo against the ex-Soviet republic nation until a different government is in place.brForeign Minister Sergey Lavrov's remarks are likely to anger the...

South Asia reels under floods

2008-09-02 00:00:00

PATNA, (India), Sept 1 (Reuters) The Indian army and navy stepped up efforts Monday to rescue hundreds of thousands of people marooned by floods, while rising river levels also rang alarm bells in neighbouring Bangladesh.brIn India's impoverished eastern state of...