SEOUL, Feb 17 (AFP): An influential think-tank today urged the central Bank of Korea to cut interest rates quickly to prevent market instability stemming from wide interest rate gaps with the United States. In a report published today, the Korea...
BEIJING, Feb 17 (AFP): China's worst winter weather in half a century will fuel inflation and investment problems in the Asian giant's runaway economy, while the rest of the world may also feel its impact, analysts say. Weeks of heavy...
SYDNEY, Feb 17 (Reuters): Australia said today it was relaxing its migration programme to allow more skilled workers into the country where the jobless rate is at a three-decade low and most companies face a labour shortage. The new centre-left...
HONG KONG, Feb 17 (AFP): Asian currencies ended the week mixed against the dollar with the Japanese yen falling despite faster than predicted growth figures, while low unemployment in Australia fuelled expectations of further interest rate hikes. JAPANESE YEN: The...
FE ReportGreen Delta Insurance Co Ltd held a two-day training course on Reinsurance (9th batch) at its head office that concluded Tuesday. Sixteen senior officers and branch-in-charges from Chittagong and Dhaka zones and the head office of the company participated...
PARIS, Feb 17 (AFP): Agricultural scientists in the United States have identified a key gene that determines oil yield in a corn, a finding that could have repercussions for the fast-expanding biofuels industry. The gene lies on Chromosome 6 of...
KARACHI, Feb 17 (PTI): Almost half of the 3,98,000 metric tonnes or 2.4 million bales of cotton imported by Pakistan to overcome a domestic shortage was procured from India, an industry representative said Friday. Quoting provisional data from the Federal...
NEW DELHI, Feb 17 (AFP): Anand's restaurant has served flat bread, lentils and vegetables to loyal customers every day for four decades but for the past year he's been on the receiving end of almost non-stop complaints. "They argue because...
Our CorrespondentCHITTAGONG, Feb 17: Following detection of bird flue in Chittagong, the sale of chicken and eggs have declined to a great extent. Taking this chance, vendors have increased the price of fish, both sea and sweet water, by Tk...
TEHRAN, Feb 17 (AFP): Iran's parliament yesterday approved a three-billion-dollar spending plan to fund diesel and petrol imports during the next Iranian year, the official IRNA news agency reported. MPs approved a budget allowing imports worth up to 30 trillion...
PANDEGLANG, Indonesia, Feb 17 (AFP): With high soybean prices signalling a possible end to cheap staple foods in Indonesia, the suicide of a food vendor has become a symbol of widespread hardship. Slamet, 49, was found hanging in his house...
GMG Airlines will start operating flights to London, Singapore and Karachi, raising the number of its existing international routes to nine, said an airline official Sunday, reports bdnews24.com.GMG general manager Ismail Bhuiyan told bdnews24.com: "Flights on the new routes will...
Bangladesh was receiving good responses from abroad and should continue to participate in more international fairs, said Hedayetul Islam of the Lofty Designs and Fashion Pvt Ltd, which is one of the participants in the ASAP Show in Las Vegas,...
FE Report The country's first ever 'Leadership Summit-2008' with the participation of 192 top corporate officials and business personalities held in the city Sunday.The Bangladesh Brand Forum (BBF) organized the summit.The summit designed to provide a platform for business leaders...
Our CorrespondentBRAHMANBARIA, Feb 17: The stock of urea fertiliser at Zia fertiliser factory came down to 16,000 metric tons yesterday after production stopped on February 10, factory sources said.Of these, 10,000 metric tons are in bags and 6,000 metric tons...
FE ReportThe securities regulator of Bangladesh has slapped a fine of Tk 100 million (10 crore) on the merchant banking wing of AB Bank for violation of merchant banking rules in disbursing loans. The bank in the recent past disbursed...
FE ReportSQUARE Hospitals Dhaka signed a medicare agreement with American Life Insurance Company (ALICO) to provide medical care and treatment to ALICO Group policyholders, employees and its eligible dependents.Director Square KM Saiful Islam and ALICO Bangladesh Group Manager Md Alamgir...
FE ReportThe Islami Bank Training and Research Academy (IBTRA) held a training course on 'managerial function and leadership' at its auditorium in the city recently.IBBL Chairman Abu Nasser Muhammad Abduz Zaher was present at the closing session of the programme...
Exports of Bangladeshi products to the United States (US) increased during 2007, reports BSS. During the year 2006 Bangladesh exports to the USA was $3,271.4 million while in 2007 that figure increased to $3,433.2 million, according to data released by...
FE ReportChittagong Stock Exchange (CSE) and one of its leading member Associated Capital Securities Ltd jointly recently organised a seminar on 'Bangladesh Capital Market--Investment Tools and Techniques' for general investors and businessmen located in Khulna City.The seminar aimed at promoting...
Our Correspondent NILPHAMARI, Feb 17: North-West Crop Diversification Project (NCDP) that started operation in July 2000 has reached the concluding year as the project is scheduled to end in June 2008, sources said. The project is being implemented in 60...
FE ReportEmirates, one of the leading international airlines operating in Bangladesh, has been adjudged the 'Monitor-AKTEL Airline of the year 2007.'The announcement in this connection was made at the first Airline of the Year Awards presentation ceremony at a city...
Our CorrespondentMANIKGANJ, Feb 17: Five friends, who are all engaged in different professions, have set a rare example in the country's agro-sector by using modern technology in plum farming in the district, sources said.The five friends--SM Akash, Jilal Ahmed, Mosharaf...
FE ReportMd Nurul Amin has been re-appointed managing director-cum-CEO of the National Credit and Commerce Bank (NCC) Ltd for a period of another 3 years.Md Nurul Amin was born in 1954 in the district of Laxmipur. He did his Masters...
Our CorrespondentSYLHET, Feb 17: A five-day jut-made goods exhibition began at Zila Parishad auditorium here Thursday, sources said.Foreign Adviser Iftekhar Ahmed Chowdhury inaugurated the fair as the chief guest.Jute Diversification Promotion Centre of Jute and Textile Ministry has arranged the...
Board meeting of S Alam Cold Rolled Steels tomorrow The 86th meeting of the board of directors of S Alam Cold Rolled Steels Ltd will be held tomorrow (Tuesday) at 11am at the registered office of the company to consider,...
DAR ES SALAAM, Tanzania, Feb 17 (AP): President George W Bush, on a five-nation visit to Africa, challenged Congress Sunday to renew his global AIDS programme. With backing from Congress, Bush is behind an emergency HIV/AIDS response that is the...
NEW DELHI, Feb 17 (AFP): India, which plans to purchase billions of dollars worth of military hardware in the next five years, will soon relax strict rules on arms imports, officials said. A new Defence Procurement Policy, or DPP, will...
ISLAMABAD, Feb 17 (AFP): The death toll from a suicide bombing at an election rally in Pakistan's tribal belt rose to 46 Sunday, a security official said. "Now the death toll is 46. There are around 50 critically wounded people....
BAGHDAD, Feb 17 (AP): A female suicide bomber blew herself up in a predominantly Shi'ite area in central Baghdad Sunday morning, killing at least three people and wounding 10, the police said.The police in the Masbah commercial area suspected the...
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