FE Today Logo

Search results for:


China to continue support for spread of education

2007-06-10 00:00:00

MONOHARDI, Narsingdi, June 9 (BSS): Chinese Ambassador Zheng Qingdian said here today that his country would continue to support Bangladesh for the expansion of education and skill development.Addressing a function during a visit to Narandi-China Friendship Centre here, he said...

Security 'excesses' at Sudha Sadan irk Hasina

2007-06-10 00:00:00

Awami League President Sheikh Hasina Saturday took a dig at the security men over their "ultra-stringent behaviour" to let visitors into her Sudha Sadan home, reports bdnews24.com. She asked the head of the contingent to explain the excessive control and...

DCs demand legal powers over corruption in local govt

2007-06-10 00:00:00

The deputy commissioners (DCs) have asked the government for power to take legal action against corruption and irregularities by the elected local government representatives, reports bdnews24.com. They have also suggested keeping the members of parliament (MPs) away from relief operations....

Charge hearing on Nasim's graft case begins today

2007-06-10 00:00:00

Charge hearing on a graft case against former telecommunication minister Mohammad Nasim begins today (Sunday) at the special makeshift judge's court at Jatiya Sangsad Bhaban with the deposition by prosecution witnesses, reports UNB.According to the case, Nasim, by abusing power,...

Juba Dal leader arrested for cattle lifting

2007-06-10 00:00:00

JHALAKATI, June 9 (UNB): A local leader of the Jatiyatabadi Juba Dal was arrested Saturday on charge of cattle lifting.

Oil prices bounce, metals bend lower

2007-06-10 00:00:00

LONDON, June 9 (AFP): World oil prices bounced higher this week, but ended on a flat note as traders tracked US supply news alongside a rogue cyclone in the Middle East. Precious metals gold and silver retreated as the US...

Dollar firms as US trade data point to economic strength

2007-06-10 00:00:00

NEW YORK, June 9 (AFP): The dollar firmed against the other major currencies yesterday as US trade data showed a surprisingly shrinking deficit that reinforced the notion of stronger growth that could mean higher interest rates. At 2100 GMT, the...

ICES advises against cod fishing in N Sea

2007-06-10 00:00:00

COPENHAGEN, June 9 (AFP): The International Council for the Exploration of the Sea (ICES) yesterday advised against all fishing of cod in the North Sea, Kattegat, the eastern Baltic Sea and the English Channel. An ICES report published yesterday said...

India agrees to exchange more power with Nepal

2007-06-10 00:00:00

KATHMANDU, June 9 (Xinhua): India has agreed to exchange 40 mw more of electricity with Nepal by October, local newspaper The Himalayan Times reported today. The agreement was reached at the eighth meeting of the Nepal- India Power Exchange Committee...

Lucky draw of LG Bowled Out offer held

2007-06-10 00:00:00

FE ReportThe lucky draw of the third and final phase of LG Bowled Out offer made on the occasion of the World Cup Cricket by LG-Butterfly was held at Butterfly Marketing Limited head office in the city recently.Former adviser to...

Indian mangoes set to tickle taste buds of New Yorkers

2007-06-10 00:00:00

NEW YORK, June 9 (PTI): Mango mania is set to hit the Big Apple with India's agricultural exports body roping in several restaurants in the New York area to promote the king of fruits here. The campaign by the Agricultural...

Five foreign banks to enter China's gold market

2007-06-10 00:00:00

BEIJING, June 9 (CEIS): Five foreign banks recently got approvals from China's central bank to become members of Shanghai Gold Exchange (SGE). They are the first batch of foreign members of the exchange. The five banks are: HSBC, Standard Chartered,...

G8 pledges $60b for Africa, warns Iran, N Korea over N-programmes

2007-06-10 00:00:00

HEILIGENDAMM, Germany, June 9 (AFP): The Group of Eight (G8) industrial powers ended their annual summit yesterday by pledging 60 billion dollars to fight AIDS in Africa and warned Iran and North Korea over their nuclear programmes. Summit host Germany's...

G8 pledges $60b for Africa, warns Iran, N Korea over N-programmes

2007-06-10 00:00:00

HEILIGENDAMM, Germany, June 9 (AFP): The Group of Eight (G8) industrial powers ended their annual summit yesterday by pledging 60 billion dollars to fight AIDS in Africa and warned Iran and North Korea over their nuclear programmes. Summit host Germany's...

WTO members squabble over industrial tariffs

2007-06-10 00:00:00

GENEVA, June 9 (AFP): Members of the World Trade Organisation (WTO), already at odds over trade in farm goods, yesterday bickered over the level of customs duties to be applied to industrial products, WTO sources said. They said developed countries...

G77, China ask rich to increase dev financial flows to poor

2007-06-10 00:00:00

UNITED NATIONS, June 9 (PTI): The Group of 77 (G77) developing countries and China have asked the rich to increase development financial flows to the poor and remove subsidies they give to their farmers to provide a level playing field....

Canada requests WTO panel to solve US agri subsidies

2007-06-10 00:00:00

OTTAWA, June 9 (Xinhua): Canada has requested that a World Trade Organisation (WTO) dispute settlement panel be established to solve the issue of US agricultural subsidies, Minister of International Trade David Emerson announced yesterday. "We remain concerned that the US...

S Arabia starts offering 60-day tourist visas

2007-06-10 00:00:00

DUBAI, June 9 (PTI): Saudi Arabia has started issuing group visas, through licenced tour operators, to foreign nationals intending to visit the Kingdom. Tourist visas could be obatined for a maximum period of 60 days. Generally visas are issued in...

British official denies concealing payment to Saudi prince

2007-06-10 00:00:00

LONDON, June 9 (AFP): Britain's top legal officer denied yesterday that he concealed large payments made to a Saudi prince from an international anti-bribery watchdog probing a giant arms deal. The Guardian newspaper alleged that Attorney General Peter Goldsmith knew...

US trade deficit shrinks to $58.5b

2007-06-10 00:00:00

WASHINGTON, June 9 (AFP): The US trade deficit dropped to 58.5 billion dollars in April as Americans slashed spending on imports, including oil, pointing to fresh signs of recovery in the world's biggest economy. However, the gap with China rose...

Pak GDP grows at 7pc during outgoing fiscal year

2007-06-10 00:00:00

ISLAMABAD, June 9 (APP): Pakistan's gross domestic product (GDP) recorded seven per cent growth rate during outgoing fiscal year 2006-07 against the revised estimates of 6.6 per cent in the last financial year. According to the economic survey for 2006-07...

Nepal's forex reserve hits $2.61b

2007-06-10 00:00:00

KATHMANDU, June 9 (Xinhua): Nepal's foreign currency reserve has scaled up to 171.56 billion Nepali rupees (around 2.61 billion US dollars), local newspaper The Kathmandu Post reported today. Remittance stood at 72.39 billion Nepali rupees during the first nine months...

KEPZ in trouble as potential investors turn to other states

2007-06-10 00:00:00

Jasim Uddin Haroon The Korean Export Processing Zone (KEPZ) authority is facing a major setback as the investors, who had pledged to establish industries in the KEPZ, have already diverted their investment proposals to other countries. "We are in real...

KEPZ in trouble as potential investors turn to other states

2007-06-10 00:00:00

Jasim Uddin Haroon The Korean Export Processing Zone (KEPZ) authority is facing a major setback as the investors, who had pledged to establish industries in the KEPZ, have already diverted their investment proposals to other countries. "We are in real...

Changes in duty-slab to hurt local industries: FBCCI

2007-06-10 00:00:00

FE ReportThe Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the country's apex trade body, has hailed the 2007-08 national budget terming it as a welfare-oriented one."The finance adviser has tried to utilise the country's limited resources to achieve...

EU for early lifting of ban on indoor politics

2007-06-10 00:00:00

The European Union (EU) suggested the Caretaker Government (CG) to go for early lifting of the ban on indoor politics so that the politicians could contribute to the reform of the electoral process, reports UNB."The question of preparation for the...

Deal with Bahrain soon on avoidance of double taxation

2007-06-10 00:00:00

FE ReportBangladesh is set to sign an agreement this month with Bahrain on avoidance of double taxation, aiming to boost the bilateral economic and business relations.The Council of Advisers at its weekly meeting approved Saturday the proposal for ratification of...

Hasina questions budget's constitutional basis

2007-06-10 00:00:00

Awami League President Sheikh Hasina has questioned the constitutional basis of the announcement of new budget by the interim government as she claimed taxation cannot be imposed without approval the by people's elected representatives.Talking to reporters at Sikdar Medical College...

Imports jump by 17.24pc in last 10 months

2007-06-10 00:00:00

FE Report The country's overall imports grew by 17.24 per cent with intermediate goods marking the highest growth at 19.23 per cent during the first 10 months of fiscal 2006-07 over the same period of the previous fiscal. The higher...

14pc hike in subsidies proposed

2007-06-10 00:00:00

FE ReportThe caretaker government (CG) has made provisions for subsidy worth Tk 41.99 billion in the proposed budget for new fiscal, which is 14 per cent higher compared to that of the outgoing fiscal, official sources said.It has proposed to...