FE Today Logo

Search results for:


Asian currencies lower against dollar

2008-09-01 00:00:00

HONG KONG, Aug 31 (AFP) Asian currencies ended the week lower against the dollar as the greenback gained ground on the back of stronger than expected US economic data and hopes of US rate cuts. brJAPANESE YEN The Japanese yen...

Dollar firms against euro on hope for US rate hike

2008-09-01 00:00:00

NEW YORK, Aug 30 , (AFP) The dollar firmed against the euro yesterday, bolstered by rising US inflation that stirred speculation the Federal Reserve will raise interest rates. brThe euro was changing hands at 1.4673 dollars around 2100 GMT, down...

India protests halt of cheap car plant construction

2008-09-01 00:00:00

SINGUR, India, Aug 31 (AFP) Thousands of Indians staged loud protests today outside a factory being built to produce the world's cheapest car, forcing a halt to construction work at the site, officials said. brA team of Japanese experts helping...

China's FAI in textiles slows down in first seven months

2008-09-01 00:00:00

BEIJING, Aug. 31 (Xinhua) The fixed asset investment (FAI) in China's textile and apparel industry kept slowing down in the past seven months. brThose projects with a fixed asset investment size of above 5 million yuan each have realized an...

Venezuela, Ecuador sign energy cooperation deals

2008-09-01 00:00:00

CARACAS, Aug. 31 (Xinhua) Venezuelan President Hugo Chavez and his Ecuadorian counterpart Rafael Correa Friday signed five energy cooperation agreements. brUnder the agreements, the two nations will enhance cooperation in the prospecting of oil fields as well as refinement of...

New chairman, vice chairman of Global Ins

2008-09-01 00:00:00

FE ReportbrThe board of directors of the Global Insurance Limited in its recent board meeting unanimously elected AKM Shaheed Reza as chairman and Md Abdul Khaleque as vice chairman of the company. brReza is a business personality and entrepreneur of...

US economy beginning to improve Bush

2008-09-01 00:00:00

WASHINGTON, Aug 31 (AP) President Bush said Saturday that Americans may have cause this Labour Day weekend to start worrying less about the nation's - and their families' - economic health.brThere have been some recent signs that our economy is...

'Robust revival of Indian economy next fiscal'

2008-09-01 00:00:00

NEW DELHI, (Internet) The slowdown in the Indian economy has been on expected lines and a robust revival is seen next fiscal year thanks to the measures being taken by the government, Planning Commission Deputy Chairman Montek Singh Ahluwalia has...

Tax on vacant plots to help Indian urban poor

2008-09-01 00:00:00

NEW DELHI, (Internet) The centre is considering a tax on unused urban land to finance a national fund for urban poor to ensure that basic services - shelter, water, sanitation and health facilities - reach the poorest. brGovernment sources pointed...

Eurozone interest rates to be kept on hold despite slump

2008-09-01 00:00:00

FRANKFURT, Aug 31 (AFP) The European Central Bank (ECB) is widely expected to leave its main lending rate at 4.25 per cent Thursday despite growing signs of a sharp Eurozone economic slowdown, economists say. brThe ECB will also release its...

Swedish current account surplus halved in Q2

2008-09-01 00:00:00

STOCKHOLM, Aug 31 (Xinhua) Sweden's current account surplus decreased to 38.8 billion kronor (about 6.1 billion US dollars) in the second quarter from 77.6 billion (about 12.2 billion US dollars) in the quarter before, Statistics Sweden said Friday. brA negative...

KTDC announces more initiatives to boost Kerala tourism

2008-09-01 00:00:00

KERALA, (Internet) The innovative tourism initiatives would coincide with the Onam festive season in Kerala, Director, Kerala Tourism and Development Corporation (KTDC) M Sivasankar, said Friday which will falls on 12 September.brThe state has registered a remarkable increase in domestic...

Work unitedly for building happy, prosperous country President

2008-09-01 00:00:00

President Iajuddin Ahmed called upon all to work unitedly for building a happy and prosperous Bangladesh.brThe President said this while speaking at the first convocation of Manarat International University (MIU) at the Bangladesh China Friendship Conference Centre in the city...

Anwarul for training of local govt representatives to boost efficiency

2008-09-01 00:00:00

Adviser for Local Govern-ment Rural Development (LGRD) and Cooperatives Anwarul Iqbal stressed on imparting effective training to the representatives of the local government bodies for enhancing their efficiency and leadership quality.brThe LGRD adviser said this while speaking as the chief...

Wage Board monitoring team to visit newspaper offices from next week

2008-09-01 00:00:00

A tripartite monitoring team for implementation of the seventh Wage Board Award will start visiting newspaper offices from next week to exchange views with managers and employees.brThe decision came at a meeting in the city Sunday with the Department of...

Bhutanese team urge Bangladesh businesses to invest in Bhutan

2008-09-01 00:00:00

A Bhutanese business delegation Sunday urged the Bangladesh businesses to invest in Bhutan to reap maximum benefit from their investment.brBhutan Chamber of Commerce and Industry Secretary General Phub Tshering said this during a meeting with the leaders of the Federation...

Tk 55m Japanese DRGA for BSMRAU improvement

2008-09-01 00:00:00

Bangladesh will receive Tk 55 million (5.5 crore) from Japan for the project titled The Improvement of Academic and Research Capacity of Bangabandhu Sheikh Mujibur Rahman Agricultural University (BSMRAU).brThe Government of Japan (GoJ) approved the Debt Relief Grant Assistance (DRGA)...

Huge Hilsha fish rotting due to power crisis in coastal belt

2008-09-01 00:00:00

BARISAL, Aug 31 (UNB) Huge quantities of Hilsha fish are rotting everyday in the coastal areas as power crisis hampers sufficient ice production needed for preservation and processing of the fish.brPower crisis has created this situation and several hundred maunds...

Use ADP money within deadline properly Malek

2008-09-01 00:00:00

Advanced integrated plan should be in place for quick and expected implementation of schemes in the current fiscal year, said Brig Gen (retd) MA Malek, who oversees telecommunication and social welfare ministries as the special assistant to the Chief Adviser.brHe...

Qatar to take more skilled workers

2008-09-01 00:00:00

Qatar will welcome more skilled workers from Bangladesh.brQatari Ambassador in Bangladesh Ibrahim Mohammed A Al-Abdullah gave the assurance when the ambassador made a farewell call on Adviser for Foreign Affairs Iftekhar Ahmed Chowdhury at his office in the city Sunday,...

Businessman stabbed to death in Jessore

2008-09-01 00:00:00

Our CorrespondentbrJESSORE, Aug 31 Muggers stabbed a businessman near the office of Superintendent of Police (SP) in Jessore town early Saturday.brThe deceased was identified as Akhil Kumar Banik (45) of Missionpara area in the town.brThe police and local people said...

HIVAIDS training for journalists held in Madaripur

2008-09-01 00:00:00

Our CorrespondentbrMADARIPUR, Aug 31 A two-day training for journalists on prevention of HIVAIDS was held at Madaripur Bangabundhu Law College auditorium recently.brMadaripur Police Super Devdas formally inaugurated the training course as the chief gust. Akter Faruk Sahin, bureau chief of...

INSPIRE programme begins today

2008-09-01 00:00:00

DU CorrespondentbrBritish Council (BC) launches its fresh regional higher education links programme titled 'international strategic partnership in research and education (INSPIRE)' in Bangladesh together with the countries in the Central and South Asia (CSA) region today (Monday).brChairman of the University...

Students damage 7 vehicles over bus fare hike in city

2008-09-01 00:00:00

A group of students of Government Bangla College went on rampage and damaged seven vehicles in front of the college at Mirpur in the city Saturday night following a dispute over increased fare.brPolice and witnesses said the brawl ensued at...

Robbers loot gold ornaments, cash in Jaypurhat

2008-09-01 00:00:00

Our Correspondent brJAYPURHAT, Aug 31 Armed robbers killed a house keeper and looted gold ornaments worth Tk 58,000 from Dadra Jantigram village under Sadar Upazila Friday night.brPolice and villagers said a gang of 20 armed robbers entered the house of...

The purpose of Ramadan

2008-09-01 00:00:00

The month long abstinence from material cravings for building up character against all sorts of profligate and evil instincts and passions-- the holy month of Ramadan-- the observance of it is about to start in Bangladesh from tomorrow (Tuesday). The...

Insurance sector needs streamlining

2008-09-01 00:00:00

Shamsul Huq ZahidbrCountry's insurance companies, reportedly, are engaged in an unhealthy competition to grab business. brAccording to a newspaper report, the general insurance companies in the private sector, numbering 43, claim to have nearly 46,000 insurance agents. But, in reality,...

Enhancing the competitiveness

2008-09-01 00:00:00

Mahbubur RahmanbrThe last survey of the Japan External Trade Organisation (JETRO) has found out good things about Bangladesh. JETRO identified Bangladesh as the cheapest place for doing business in Asia. This rating was possible on the basis of comparative evaluation...

Poor and food price

2008-09-01 00:00:00

The World Bank has estimated that the recent rise in food prices has pushed four million people back into poverty. After the release of the report, a private channel arranged a talk-show on the WB disclosure. I was stunned when...

Requisition of vehicles by police

2008-09-01 00:00:00

AROUND 300 vehicles reportedly are requisitioned by police on a daily basis. What a staggering figure Why are such a large number of private vehicles taken away from the streets by police The police personnel are to perform a wide...