BEIJING, Aug. 6 (Xinhua): China is predicted to produce 300 tons of gold in 2008 to become the largest gold producer in the world, according to Hou Huimin, deputy director of China Gold Association.China has surpassed the United States to...
Stock dividend credited | 2008-08-07 00:00:00
The authorities of People
THE vast majority of individual investors losing a major part of their capital have deserted our capital market. So is the case with the foreign buyers. They left, too. Both index and prices are continuously dipping every day. Nevertheless our...
DU Correspondent | 2008-08-07 00:00:00
Dhaka University (DU) observed the Hiroshima Day through holding a special lecture and a poster exhibition Wednesday.The Department of Peace and Conflict of DU and non-government organisation Hunger Free World (HFW) jointly organised the function at the university's RC Mojumder...
The royal embassy of Saudi Arabia in Dhaka has contradicted a news published in a Bangla daily on its August 05 issue which said Bangladeshi workers are facing problems in Saudi Arabia and thousands of Bangladeshi workers are being deported...
FE Report | 2008-08-07 00:00:00
Commerce Adviser Hossain Zillur Rahman said Wednesday prices of edible oil would not increase during the holy month of Ramadan as the domestic market is adequately supplied amid falling rates in global market."The good news is that the prices of...
The government has put brakes on the Dhaka-Chittagong Highway project, forming a high level committee to examine why the tender process for expansion into four lanes was cancelled at its final stage, a government official said, reports bdnews24.com.The three-member committee...
B League champions Dhaka Abahani Limited made a flying start in the final round of Citycell Federation Cup Football Tournament outplaying Jatrabari KC by 4-0 goals in the opening match at the Bangabandhu National Stadium in the city Wednesday, reports...
Maswood Alam Khan | 2008-08-07 00:00:00
Not for a split of a second time freezes, not for a micro millimeter the Earth wobbles off its trajectory at the deaths of thousands of people everyday. But, at times news of death of a single luminary sends people...
TOKYO, Aug 6 (AP): Asian stock markets rallied Wednesday on the heels of a strong overnight rally on Wall Street spurred by falling oil prices and a Federal Reserve decision to keep interest rates unchanged.The benchmark Nikkei 225 Stock Average...
Commerce adviser Hossain Zillur Rahman said Wednesday that the government was making progress towards holding political dialogue with BNP, reports bdnews24.com."The government is continuing its contact with BNP. It has also taken additional steps in this regard," the adviser told...
Corrupt bigwigs have begun approaching the Truth and Accountability Commission (TAC) for seeking clemency in exchange for their ill-gotten wealth and ambition for getting elected to any public office, reports UNB."Two cases came to us. But, we didn't accept them,...
Shahiduzzaman Khan | 2008-08-07 00:00:00
In a radical shift in the country's trade negotiations, Bangladesh now decided to start bilateral free trade negotiations with three South Asian countries, shelving the country's long-standing trade policy that favoured multilateral trade deals over bilateralism. The interim government was...
BRASILIA, Aug 6 (AFP): The economic boom in Brazil has shrunk the proportion of poor in the country to less than a third of the population while the number of rich and, especially, middle-class have grown, a study released yesterday...
NOUAKCHOTT, August 6 (Reuters): Presidential guardsmen seized Mauritanian President Sidi Mohamed Ould Cheikh Abdallahi in a coup d'etat on Wednesday, the president's daughter Amal Mint Cheikh Abdallahi said."The security agents of the BASEP (Presidential Security Battalion) came to our home...
Fazle Rashid from New YorkThe downturn in global economy in its inexorable march swept through almost all the nations of the world. The economic tsunami arrived late in China. It may have been the other way round. China's economic foundation...
Bangladesh Cricket Board (BCB) Tuesday distributed trophies and cash prizes among the champion and runners-up teams of the Ispahani Mirzapore Tea 9th National Cricket and Dhaka Metropolis Cricket Leagues 2007-2008, reports UNB.The prize distribution ceremony was held at the Winter...
BNP secretary general Khondoker Delwar Hossain Wednesday said the people wouldn't accept any government "design" to hold general election under the state of emergency, reports UNB.Exchanging views with Jhenidah District BNP at his NAM apartment in the evening, he said...
ISLAMABAD, August 6 (Reuters): Pakistan's President Pervez Musharraf has cancelled a scheduled visit to China, a member of his entourage said on Wednesday, as opponents in the coalition government consulted over his possible impeachment."We have been told that the president's...
Moshiur Rahman | 2008-08-07 00:00:00
IT is not that the export opportunity of made-in-Bangladesh medicine has grown in a solitary pace. Noticeably, the pharmaceutical industries here had to track down and encounter a huge competition both in national and international arena to reach this altitude....
The government of Kuwait has decided to pay off all arrears of salary, allowance, service benefits and insurance claims to the Bangladeshi workers deported from the Gulf country through the Bangladesh Embassy over there, an official announcement said Wednesday, reports...
TOKYO, Aug 6 (AFP): The dollar hit a seven-week high against the yen in Asia today but slipped against the euro as traders bet that eurozone interest rates will stay at a seven- year high this week to fight inflation.The...
Executives, officials and staff of Islami Bank Bangladesh Limited (IBBL), Khulna Zone have been directed to collect deposit, over-due investment and remittance.Deputy Managing Director and Head of Investment Wing of the bank Md Habibur Rahman gave the directive while speaking...
FE Report | 2008-08-07 00:00:00
Bangladesh Atomic Energy Commission (BAEC) has taken an annual development programme (ADP) project at a cost of Tk 100 million (10 crore) approved by the government aiming at detecting congenital hypothyroidism, which is a serious disease.Under this project about 24,000...
FE Report | 2008-08-07 00:00:00
The National Board of Revenue (NBR) Chairman Muhammad Abdul Mazid Wednesday urged the non-resident Bangladeshi to send remittance in formal channel instead of hundi.Movable and immovable properties possessed with the amount of hundi will be considered as illegal property, he...
BRUSSELS, Aug 6 (AFP): Business activity in the 15 countries using the euro in July fell to the lowest level since November 2001, as consumer spending falls, surveys showed yesterday, ramping up fears of recession.The Eurozone's purchasing managers' index (PMI),...
The United States (US) topped the list of countries importing Bangladeshi commodities with its import volume hitting US$ 3,216 million in the fiscal 2007-2008, reports BSS.According to Export Promotion Bureau (EPB) statistics, Bangladesh's export earnings from July to May of...
FE Report | 2008-08-07 00:00:00
Prime Bank Road Show that started in the middle of March this year at the bank's Gulshan branch in the city finally concluded at its Barisal and Khulna branches recently.During the four and a half-month long campaign the Road Show...
WASHINGTON, Aug 5 (AP): The Federal Reserve, caught between mounting job losses and rising inflation, is likely to sit tight and hope that the interest rate cuts it has already provided will be enough to heal a sick economy.Private economists...
FE Report | 2008-08-06 00:00:00
Prize giving ceremony of the Chand Sultana Literacy Prize-2007 organised by Dhaka Ahsania Mission (DAM) will be held at the DAM auditorium, Dhanmondi, in the city at 11am today (Wednesday), said a press release.Parul Begum, a housewife of Taragonj in...
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