THE government, according to a report, is actively considering the withdrawal of the pre-shipment inspection (PSI) system for imports by 2010. The system was first introduced in Bangladesh in 1992 and made mandatory in 2000. This was done at the...
Syed Fattahul Alim brhe concern over climate change is global. The scientific community has been consistently trying to impress upon the governments of the developed nations to take damage limitation measures to save humanity from the impending catastrophe. But as...
SUCCESSIVE governments in Bangladesh set up commissions and committees to address special issues and needs. Many committees were appointed in last thirty-five years. These bodies produced as many reports, with recommendations. Positive and qualitative changes in governance could take place...
THE ambitious project, the government launched to improve the city's traffic system initially made many happy. At the moment, no other project is as pressing as the need to improve the city's irritating traffic. The jams take a heavy toll...
FOR holding free and fair elections, the interim government is expected to facilitate political reforms so that the country can gain out of the exercises. People are interested that dedicated, clean and competent persons who can be entrusted with good...
Andrew Bacevich brTo appreciate the full extent of the military crisis into which the United States has been plunged requires understanding what the Iraq War and, to a lesser extent, the Afghan War have to teach. These two conflicts, along...
Ann Jones brBorn in Afghanistan but raised in the United States, like many in the worldwide Afghan Diaspora, Manizha Naderi is devoted to helping her homeland. For years she worked with Women for Afghan Women, a New York based organization...
PARIS, Sept 2 (Internet) The Organisation for Economic Cooperation and Development (OECD) Tuesday increased its forecast for growth in the US economy this year but slashed its predictions for Japan and the Eurozone.brThe OECD, the Paris-based grouping of 30 developed...
TOKYO, Sept 2 (AFP) Asia's largest economy was left rudderless again today after Japan's prime minister quit suddenly, sparking concerns that free-market reforms will be put on a backburner as a recession looms. brThere was a weary sense of deja...
SAO PAULO, (Internet) Brazil and Britain are determined to grow their bilateral trade and are also committed to seeing failed world trade talks revived, ministers from both countries said in Sao Paulo Monday.brBritain and Brazil can do more trade together...
NEW DELHI, Sept 2 (AFP) India has appointed a new central bank chief to replace Yaga Venugopal Reddy, who retires later this week with Asia's third-largest economy battling high inflation. brFinance Secretary Duvvuri Subbarao will succeed Reddy as governor of...
SYDNEY, Sept 2 (AFP) Australia's central bank cut official interest rates Tuesday for the first time in six-and-a-half years by 0.25 of a percentage point to 7.0 per cent as the economy slows. brAt its meeting today the board decided...
SINGAPORE, Sept 2 (AFP) World oil traded sharply lower in Asia today, with the New York contract below 109 dollars from its US close Friday after Hurricane Gustav apparently spared key oil facilities, dealers said. brIn mid-afternoon trade, New York's...
FE ReportbrLogistic and Manufacturing Manager of Bata Shoe Company (BD) Ltd Kym Bradley introduced new 350 designs for Eid-ul-Fitr collections in the city Monday. brChief Financial Officer of the company Cesar Panduro, Marketing Manager MA Quader, Advertising and Promotion Manager...
FE ReportbrThe fibre of Dhanicha (scientific name Fussbnia Rostata); a jute-like crop commonly grown on the fallow lands during the rainy season all over the country can be made to produce industrial quality coarse yarn.brThis Dhanicha yarn -- widely resembling...
SHANGHAI, Sept 2, (AFP) China Mobile, the country's largest handset operator, is in the final stages of talks with Apple to launch the iPhone in China, the world's largest mobile phone market, state media reported today.
FE ReportbrEastern Bank Ltd (EBL), along with seven other leading financial institutions of the country, has signed a Paripassu Security Sharing Agreement with Malek Spinning Mills Ltd for an amount of Tk 3.52 billion (Tk 352.00 crore). brOf the total...
The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh formally opened a customer service centre (CSC) in the Upashahar area of Sylhet recently, says a press release.brChief Executive Officer of HSBC Bangladesh Sanjay Prakash inaugurated the CSC through a...
FE ReportbrThe Securities and Exchange Commission (SEC) Tuesday formed a 10-member committee aiming at reducing the time of the IPO (initial public offering) processing.brThe committee was asked to submit its recommendations by September 25 next.br Headed by SEC member Mansur...
FE ReportbrA seminar on 'Foreign Trade and Foreign Exchange' was held at the head office of Pubali Bank recently.brPubali Bank Training Institute organised the seminar, said a press release. Managing Director (MD) of Pubali Bank Ltd Helal Ahmed Chowdhury was...
FE Report brThe central bank has provided overdraft (OD) facilities for US$65 million to a state-owned commercial bank (SCB) for settlement of its fuel oil, food grains and fertiliser import bills, officials said. brWe have provided the facility to the...
Warid Telecom is offering 20 per cent special bonus talk-time for its Zem prepaid customers who will recharge their account first time after purchase of the connection.brThe Zem subscribers can top-up their accounts via E'ZEE Load and scratch card to...
International Leasing Securities Limited (ILSL), a fully owned subsidiary company of International Leasing and Financial Services Ltd (ILFSL) began its journey Sunday as a full-fledged brokerage house, says a press release.br It was inaugurated by Chief Executive Officer of Dhaka...
A total of four Berger ColorBank outlets were inaugurated in Chittagong recently, says a press release.brManaging Director (MD) of Berger Paints (BD) Ltd Ms Rupali Chowdhury inaugurated the four outlets, namely Uncommon Hardware at Hathazari, Tohid & Brothers at Fatikchhari,...
FE ReportbrBusiness leaders of both Thailand and Bangladesh laid emphasis on increasing bilateral trade between the two countries to the tune of 1.0 billion US dollars within three years.brThe Royal Thai Embassy in Dhaka organised a seminar on 'Trading with...
FE Report brThe inter-bank call money rate marked slight rise Tuesday despite injection of excess cash into the market. The US dollar, however, maintained stable tone against Bangladesh taka (BDT) in the inter-bank foreign exchange market due to steady supply...
AB Bank Limited has arranged a syndicated term loan of Tk 920 million for Venture Energy Resources Limited to set up a power plant at Bhola, which will sell 34.50 MW electricity to Bangladesh Power Development Board. brIn this connection,...
FE ReportbrSonali Bank Ltd, the largest state owned commercial bank of the country, is observing Loan Recovery Fortnight.brOn the occasion a borrowers' meeting for exchange of views was held at its corporate branch at KC Dey Road in Chittagong recently....
FE ReportbrMr. AFM Shariful Islam joined Dhaka Stock Exchange (DSE) Limited as Chief Operating Officer (COO) Tuesday.brPrior to joining DSE, Mr. Islam worked as Executive Vice President and Head of Credit Administration of Southeast Bank Ltd. Having 21 years experience...
FE ReportbrGroup Vice President (GVP) South Asia and CEO Hindustan Unilever Limited (HUL), Nitin Paranjpe recently visited Bangladesh on a two-day trip to see the Unilever Bangladesh business, said a press release.brVice Chairman & CFO of HUL and the Finance...
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