Enayet RasulTHE real estate sector has been growing fast in the present decade. The boom in the housing sector can be traced back to the past decade. But its real boom time was between 2001-2005 when it surpassed other emerging...
Abu TaherIT is projected that the tariffs across the board on imported commodities -- raw materials and intermediate products -- would rise notably if the next year's budget is adopted in its present form without amendments. The rate of tariff...
Fazle Rashid writes from New York CONTROVERSIAL but widely read author Salman Rushdie has been knighted by the British government in an annual ritual marking the birthday day of the Queen. Rushdie, the celebrated author, was born in India and...
FEW years back, the supply of the hilsha fish was scarce in the market due to indiscriminate catching of its fries. Following some protective measures during its breeding season in the last two years, the supply of the fish has...
THE rainy season is here and the digging of city roads has, as usual, started. When we, the city dwellers, are already in troubles due to excessive rains and water loggings, the city authorities have thrown us into further problem...
Jim Lobe from WashingtonFour years after the emergence of the first signs of a serious insurgency in Iraq, U.S. President George W. Bush finds himself beset with major crises stretching from Palestine to Pakistan. With U.S.-backed Fatah forces routed by...
David Phinney from WashingtonTrained as an air conditioning repairman and technician, Ramil Autencio says his recruiter in the Philippines agreed to place him in a two-year job at the Crown Plaza Hotel in Kuwait for 450 dollars a month --...
Khody Akhavi from WashingtonAbdul Ra'ouf Omar Mohammad Abu Al-Qassim has been held without charge at the U.S. detention facility in Guantanamo Bay for more than five years. During that time, the Libyan national faced false and unsubstantiated charges linking him...
Marwaan Macan-Markar from BangkokA chat room on a popular Thai-language website is drawing visitors over a troubling question: Will ousted prime minister Thaksin Shinawatra be assassinated when he returns home? ''I am concerned about Thaksin's security,'' writes one visitor to...
BEIJING, June 19 (Agencies): China will continue to help push forward the Doha round trade talks and work to safeguard the multilateral trade system, Minister of Finance Jin Renqing said here yesterday. In talks with visiting World Trade Organisation (WTO)...
MUMBAI, June 19 (PTI): Driven by high trading volumes for equities and good presence of global banking and financial services firms, Mumbai has grabbed a place in the world's top ten financial flow hubs list, beating Hong Kong and Beijing...
WASHINGTON, June 19 (AFP): The International Monetary Fund (IMF) has launched a new surveillance system on exchange-rate policies aimed at preventing a country from jeopardising the health of the global economy. The IMF said the major reform updates a 30-year-old...
BERLIN, June 19 (AFP): Germany's ruling coalition parties failed to agree on introducing a national minimum wage after seven hours of talks that ended early today. "There will not be an overall minimum wage," said Volker Kauder, head of the...
RIO DE JANEIRO, June 19 (Xinhua): Brazil's economy is in its best shape since the country became a republic in 1889, Brazilian President Luiz Inacio Lula da Silva said yesterday. In his weekly radio programme, Lula said he "had no...
WASHINGTON, June 19 (AFP): The World Bank's executive directors yesterday invited former US trade chief Robert Zoellick, the sole candidate to head the poverty-fighting institution, for an interview Wednesday. US President George W Bush last month picked Zoellick, 53, a...
TOKYO, June 19 (Xinhua): Japan and Brunei here yesterday signed a free trade agreement (FTA), which was viewed as a new step in Japan's plan to secure stable energy supply. The FTA was signed by Japanese Prime Minister Shinzo Abe...
LONDON, June 19 (AFP): Britain's International Development Secretary Hilary Benn today called on world leaders to make a priorty the concluding of a treaty regulating the trade of weapons. Writing a comment piece in The Guardian daily, Benn said that...
ANKARA, June 19 (CEIS): Visiting Chinese Minister of Commerce Bo Xilai said here yesterday that Sino-Turkish trade growth in recent years shows that the two countries have a huge potential to enhance bilateral economic cooperation. Bo made the remark during...
SEOUL, June 19 (AFP): China's direct investment in South Korea fell last year for a second consecutive year as its interest in Asia's third-largest economy declined, a report said today. The report by the Korea Investment Trade Association showed Chinese...
SINGAPORE, June 19 (AFP): Oil prices eased in Asian trade today on profit-taking after hitting their highest levels since early September 2006 overnight, dealers said. The easier tone is however likely to be temporary as factors that drove the market...
KARACHI, June 19 (AFP): Pakistan's worst electricity shortage in memory has sent rioters onto the streets of several cities and poses a fresh headache for embattled President Pervez Musharraf, officials say. Regular power cuts lasting from two to 12 hours...
TOKYO, June 19 (AFP): The yen fell today to another low against the euro and a four-and-a-half-year trough against the dollar on expectations that Japanese interest rates will stay well below those in other major economies, dealers said. At one...
KUALA LUMPUR, June 19 (AFP): A Malaysian cabinet minister, fresh from a charm offensive in Europe, has refuted allegations that plantation industries lead to widespread deforestation, pollution and the death of organgutans, a report said today. Plantations Minister Peter Chin...
SINGAPORE, June 19 (AFP): Singapore's state-linked investment firm Temasek Holdings said today it plans to sell all three power generating companies under its stable in the next 12 to 18 months. Wong Kim Yin, Temasek managing director of investments, said...
SYDNEY, June 19 (AFP): Australia's winter grains crop is set to more than double after unusually heavy rains in some areas partially offset the impact of a long-term drought, the official rural forecaster said today. The Australian Bureau of Agriculture...
JAKARTA, June 19 (Xinhua): The Indonesian government has projected crude palm oil (CPO) production to increase by 7.8 percent to 17.44 million tons this year from 2006. CPO production will pick up during the harvest period from July to December,...
SEOUL, Jun 19 (AFP): US chief negotiator Christopher Hill called on North Korea Tuesday to speed up the promised scrapping of its nuclear programme as South Korea said the process could be finished this year. "We really have to pick...
BAGHDAD, Jun 19 (AP): About 10,000 US soldiers using heavily armored Stryker and Bradley fighting vehicles fought their way into an al-Qaida sanctuary northeast of Baghdad early Tuesday. American and Iraqi forces, under cover of attack helicopters, killed at least...
RAMALLAH, Jun 19 (AFP): Palestinian president Mahmud Abbas won the lifting of a crippling Western aid freeze amid efforts to isolate Hamas in its Gaza enclave, where fears are mounting of a humanitarian crisis. The United States and Europe restored...
KABUL, Jun 19 (AFP): Afghan forces admitted Tuesday that the Taliban had captured a district in mountainous southern Afghanistan in the latest upsurge of rebels strikes that have killed scores of people. The interior ministry announced meanwhile that 10 civilians...
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