BANGKOK, June 22 (AFP): Thai premier Samak Sundaravej said Sunday he will not yield to protesters demanding he quit and will answer his critics in parliament, in a bid to quell the crisis threatening his government. Samak, a combative self-styled...
Luke Johnson | 2008-06-23 00:00:00
What tools does a fledgling business have to cope with challenging times?Well, one of the great merits of emerging companies is that they are flexible and willing to try new ways of doing things: new products, new services, new ways...
The Bangladesh A Team begins their Ireland tour with a three-day affair, as they take on Ireland A team Monday at College Park, Dublin, reports UNB.Bangladesh will then face Ireland in a twenty20 clash on June 27 at Eglington Cricket...
PATNA (India), June 22 (PTI): Retail prices of most of the essential commodities have shot up sharply here, some even by over 60 per cent, in the last four years, according to the government data.Prices of potato and onion, two...
The government adorned 22 businesspersons with Commercially Important Person (CIP) status for the current year in recognition of their outstanding contribution to the national economy through their performance in the industrial sector, report UNB and bdnews24.com.An official announcement Sunday said...
FE Report | 2008-06-23 00:00:00
RB Group, marketer of Walton brand items, recently inaugurated its exclusive showroom Samir Electronics at Madhabpur Bazar, Madhabpur in Habigonj recently.Walton Senior Deputy Director Ilias Kanchan was the chief guest of the inauguration ceremony and opened the store formally.Local Pouro...
BRUSSELS, June 22 (AFP): The European Commission faces fresh frictions with some member states at a meeting Tuesday with EU fisheries ministers over the early closure of the tuna fishing season and soaring fuel prices.France, which takes over the European...
The Supreme Court (SC) Sunday stayed for two weeks the proceedings of the trial court for charge framing in a case against detained ex-Law Minister Barrister Moudud Ahmed for amassing wealth illegally and concealing information about it, reports UNB.Vacation chamber...
Praful C Patel, Vice President, South Asia Region of the World Bank, arrives in Dhaka today (Monday) on a two-day visit following an invitation by the Government of the Bangladesh, reports UNB.The visit is intended to further strengthen the partnership...
Communications Adviser Maj Gen (retd) Ghulam Quader Sunday said that the government is preparing an integrated multi-modal transport policy by incorporating highway, railway, inland waterway and airway into a unique system to develop a cost-effective and sustainable transportation in the...
S M Jahangir | 2008-06-23 00:00:00
A high-powered taskforce on development of the country's ailing jute sector has prepared a series of recommendations, including enhancement of export subsidy and diversification of jute goods, to be placed before the Chief Adviser's Office for next course of action.The...
THE fruits, vegetables and allied products exporters in the country have been pressing for effective government actions to facilitate fast and less costly air freighting of their perishable products so that they can expand their business. Such exporters have been...
Naim-Ul-Karim | 2008-06-23 00:00:00
The government's apex forum on building better business atmosphere sits today (Monday) to discuss the entire gamut of the country's trade, commerce and investment activities after budget proposal for the next fiscal year, a senior official said Sunday.He said a...
Joe Leahy | 2008-06-23 00:00:00
IN Mumbai, India, it is common to see convoys of up to 20 cars bristling with armed police ferrying high-ranking officials through the chaotic traffic, blocking off other motorists and making the city's gridlocked roads even worse.In the past few...
FE Report | 2008-06-23 00:00:00
The 10th extra ordinary general meeting (EGM) of Al-Arafah Islami Bank Ltd was held at Trust Milonayotan in the city recently.The EGM approved amendment of one (01) clause of Articles of Association of the bank.Chairman of the bank Md Anowar...
TEHRAN, June 22 (AFP): Iran Sunday dismissed reports that Israel had been practising for air strikes against its nuclear drive as "psychological operations" but warned of a limitless response to any attack.Israeli military exercise over Greece earlier this month appeared...
FE Report | 2008-06-23 00:00:00
The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day bills on...
Jasim Uddin Haroon | 2008-06-23 00:00:00
The government has raised wharf rent at the country's premier port Chittagong by more than 300 per cent after a long time mainly to discourage importers.The importers reportedly keep their cargoes for a long time at the port yards taking...
FE Report | 2008-06-23 00:00:00
Central bank chiefs of the eight-member Asian Clearing Union (ACU) have agreed to introduce Euro alongside the US dollar for settlement of payments among the member countries from January, 2009.The decision was taken at the 37th ACU board of directors...
JEDDAH, June 22 (Agencies): Saudi Arabia will increase its oil production by 200,000 barrels a day to 9.7 million next month and may pump more later this year if needed, Saudi Oil Minister Ali al-Naimi told producers and consumers in...
KARACHI, Jun 22 (AFP): Title holders Sri Lanka and former champions India and Pakistan will be locked in a three-way battle when the continent's prestigious Asia Cup cricket tournament starts here Tuesday.All three Asian giants are missing frontline bowlers but...
BNP secretary general Khandaker Delwar Hossain has sought UN secretary general's intervention to inquire into how the spinal cord of former PM's son Tarique Rahman was broken as well as "human rights violations" in other cases in Bangladesh, reports UNB.The...
BERLIN, Jun 22 (AFP): Three-time champions Germany will not be taking Turkey for granted in their Euro 2008 semi-final Wednesday, German captain Michael Ballack said Sunday.The 31-year-old told Sunday newspaper Frankfurter Allgemeine Zeitung that while the title remained the Germans'...
MANILA, June 22 (AFP): A rescue ship battling huge waves and strong winds Sunday reached a passenger ferry that capsized in Typhoon Fengshen, but found none of the more than 700 people who were on board. The storm has submerged...
FE Report | 2008-06-23 00:00:00
Eastern Bank Ltd (EBL) has opened a Women Entrepreneurs' Cell under its SME Banking division on its Dhanmondi branch premises to support growing women entrepreneurs' business needs.EBL Deputy Managing Director (DMD) and Head of SME Banking Muklesur Rahman inaugurated the...
NEW DELHI, June 22 (AFP): With inflation shooting to a dizzying 13-year high, Indians are wondering whether they're watching a rerun of an old horror movie they'd rather not see again.On Friday, inflation raced to 11.05 per cent from 8.75...
Al Mamun | 2008-06-22 00:00:00
DURING garment boom, Bangladesh's economy improved significantly in the last decade. The country earns nearly three-quarters of its foreign exchange from garment exports. Because of abolition of the quota system from January 2005, the growth slowed down somewhat. Retailers are...
Supply fears push aluminium | 2008-06-22 00:00:00
to three-month highLONDON, June 21: Aluminium prices jumped to a three-month high on Friday as investors bought on news a US producer shut down about half its capacity, while copper hit a one-month high. Benchmark aluminium on the London Metal...
BRIDGETOWN, Barbados, June 21(AFP): Australia lost their unblemished Caribbean tour record as the West Indies completed a seven-wicket victory in a rain- affected Twenty20 International Friday.Defending a victory target of 98 from 11 overs, Australia failed to keep a lid...
FE Report | 2008-06-22 00:00:00
Business leaders and Finance and Planning Adviser Mirza Azizul Islam Saturday took opposing stands on the liquidity situation of the country's commercial banks.Business leaders alleged that liquidity crisis in banking sector was preventing them from investing in new projects while...
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