FE Today Logo

Search results for:


Planning Commission finalises proposal to cut ADP by Tk 40b

2008-03-20 00:00:00

The Planning Commission Wednesday finalised its proposal to cut Annual Development Programme (ADP) by Tk 40.0 billion to Tk 225.0 billion from the original allocation of Tk 265.0 billion for the 2007-08 fiscal, reports UNB.An extended meeting of the Commission...

Confce on climate change effects in city Mar 25

2008-03-20 00:00:00

FHM Humayan KabirA conference will be held on March 25 in Dhaka to draw attention of the development partners to the effects of climate change on Bangladesh and necessary support for protection against future disasters, officials said Wednesday.The Bangladesh government...

BNP to send letter to CA seeking Khaleda's release

2008-03-20 00:00:00

An extended meeting of Bangladesh Nationalist Party (BNP) Wednesday decided to send a formal letter within two days to the Chief Adviser (CA) to release the party's detained chairperson Khaleda Zia before March 26, reports UNB.The meeting held at the...

Online medical advice from Devi Shethy, others

2008-03-20 00:00:00

FE ReportA new project was launched in the city Wednesday offering the patients in Bangladesh the opportunity of taking direct medical advice from specialists based in India through video conferencing. The Telemedicine Project now will help patients seek medical advice...

Call rate steady, dollar stronger

2008-03-20 00:00:00

FE Report Strong demand for cash kept the inter-bank call money rate steady at high level Wednesday due to the central bank's intervention. The US dollar, however, posted slight gain in the inter-bank foreign exchange market with higher demand for...

Govt cancels Cotecna's PSI contract for flouting law

2008-03-20 00:00:00

FE ReportThe government Wednesday revoked the pre-shipment inspection (PSI) company Cotecna's contract with effect from today (Thursday).'The order on cancellation of Cotecna's contract will be effective from Thursday,' said National Board of Revenue (NBR) Chairman Muhammad Adbul Mazid.'The government has...

Markets

2008-03-20 00:00:00

World stock markets cheer US rate cutTOKYO, Mar 19 (AFP): Asian stocks soared Wednesday after a big bounce on Wall Street as the US Federal Reserve slashed interest rates in a bid to contain a spiralling financial crisis and risk...

Deepening business cooperation with Malaysia

2008-03-20 00:00:00

THE inauguration of a three-day Malaysian trade fair in Dhaka is an occasion to think over what gains can arise for both Bangladesh and Malaysia from intensifying their business interactions in different fields. Malaysia is a neighbour in South East...

How good is the claim of a supply side response

2008-03-20 00:00:00

Enayet RasulADVISERS in the government have reiterated, time and again, that the government realises how the problems of scarcities, shortages, high prices and inflation call for a supply-side response and that they have been providing the same to the best...

Lessons from trading with India

2008-03-20 00:00:00

Syed JamaluddinSOME time back Dhaka requested New Delhi to immediately issue customs notification so that Bangladesh exporters could start duty-free export of eight million pieces of ready-made garments to India. Bangladesh Foreign Ministry also contacted the Indian External Affairs Ministry...

UAE looks at building food reserve to curb inflation

2008-03-20 00:00:00

Simeon Kerr in Dubai THE United Arab Emirates is considering building a strategic reserve of essential foodstuffs as the government seeks ways to curb rampant inflation to a new target of 5.0 per cent in 2008.Sultan al-Mansouri, the UAE's newly...

Making Dhaka beautiful

2008-03-20 00:00:00

THE capital city of Dhaka needs a beautification programme. Such a programme taken by the last government was limited to plantation of trees and decorating the median of the main roads. The capital city is the place which can be...

Securing the RMG industries

2008-03-20 00:00:00

THERE is a semblance of peace in the garments factories. But there were disturbing troubles there last year. Even now, murmurings of discontent are heard in many garments industries. There are reasons to think that the troubles are externally instigated....

Rent control

2008-03-20 00:00:00

HOUSE rent in different city areas has been increasing without any control. I live at Shantinagar. House rent in the locality has increased by almost 50 per cent. For a 1200sft flat the rent increased from Tk 10,000 to Tk...

Surface mass transit system would be better for Dhaka than underground railways

2008-03-20 00:00:00

Yasmin ChowdhuryTHE decision to build underground railways for the city of Dhaka has met with a range of responses. On one side is the "halleluyah" response--at last, the government is taking public transit seriously, with plans to invest at least...

European leaders need a president, not a nonentity

2008-03-20 00:00:00

Philip Stephens Wanted: a president for Europe. Only nonentities need apply.The other day the European reform treaty (you know, the one recast from the constitution rejected by French and Dutch voters) jumped another hurdle. Gordon Brown's British government faced down...

RMG exporters need to make sustained efforts for achieving self-reliance

2008-03-20 00:00:00

Ahmed Showkat MasudMOST world-famous buyers have their own alliance with suppliers of fabrics and accessories. Mainly for fabrics, the buyers nominate some specific suppliers to supply the same to the readymade garments (RMG) exporters. China is a country that has...

China sees 'life or death struggle' in Tibet

2008-03-20 00:00:00

BEIJING, Mar 19 (AFP): China said Wednesday it was engaged in a "life or death struggle" over Tibet as dramatic footage emerged of Tibetan protesters rampaging on horseback and hoisting their national flag. With China deploying a massive security force...

Pakistan assembly set to elect first woman speaker

2008-03-20 00:00:00

ISLAMABAD, Mar 19 (Reuters): Pakistan's National Assembly was set to elect its first woman speaker Wednesday, a member of assassinated former prime minister Benazir Bhutto's Pakistan People's Party (PPP) which won elections last month. Fehmida Mirza, 51, a medical doctor...

Indian Idol reignites Gorkhaland fire in Darjeeling

2008-03-20 00:00:00

DARJEELING, Mar 19 (Reuters): India's Darjeeling hills have come alive with fresh demands for a separate state within India for the Gorkha people, with protests threatening the area's renowned tea and tourism industries. Bizarrely, it was a television talent show,...

US-led raid kills six civilians in Afghanistan

2008-03-20 00:00:00

KHOST, Mar 19 (AFP): An operation by US-led forces in Afghanistan Wednesday left six civilians dead, a provincial official said, but the force confirmed only that two civilians and several rebels were killed. Two children, a woman and three men...

Obama battles to transcend toxic race row

2008-03-20 00:00:00

WASHINGTON, Mar 19 (AFP): Democratic front-runner Barack Obama battled to defuse the most serious threat yet to his presidential hopes after incendiary, racially tinged sermons by his former pastor triggered an uproar. The mixed-race Illinois senator Tuesday condemned the sermons...

UN accuses Serbs of encouraging violence

2008-03-20 00:00:00

PRISTINA, Mar 19 (AP): The United Nations accused Serbian officials Tuesday of complicity in the violence in northern Kosovo that left a UN policeman from Ukraine dead and dozens of people hurt. Larry Rossin, the deputy UN administrator for Kosovo,...

Astronauts to get some rest before next spacewalk

2008-03-20 00:00:00

HOUSTON, Mar 19 (Reuters): Astronauts on the International Space Station and shuttle Endeavour were looking forward to some down time Wednesday after they repositioned a new handyman robot. The Canadian-built robot, named Dextre, was assembled in orbit and outfitted with...

Female suicide bomber kills 3 in Iraq

2008-03-20 00:00:00

BAGHDAD, Mar 19 (AP): Iraqi police say a woman suicide bomber has killed three people and wounded 12 in an attack near a bus terminal northeast of Baghdad. A senior police officer says the attack occurred Wednesday morning in a...

The dreaded twins

2008-03-19 00:00:00

POWER and gas have been on the media focus for more than two decades. The intensity of mass discussion on both power and gas has increased over the years because of the ever-increasing gap between the demand for, and supply...

The diminished role of the Budget

2008-03-19 00:00:00

Samuel BrittanBRITISH Budgets are not what they were. Much of the job of steering the economy has shifted from fiscal to monetary policy and therefore to the Bank of England. Interest rates and exchange rates now play a greater role...

Price juggernaut is roaring on

2008-03-19 00:00:00

Fahmida AkhterTHE caretaker government seems to be indifferent to the prices of essentials, already unaffordable to many, soaring by the day. The prices of basic food items such as rice, cooking oil, lentils etc., have been rising to the detriment...

Freest economies are the best

2008-03-19 00:00:00

Andrzej ZwanieckiCOUNTRIES and regions that promote economic freedom are more likely to enjoy prosperity than those that restrict such freedom, according to a recent report by a business publisher and a research group.Economic freedom strongly correlates with good economic performance...

Human rights, democracy and good governance

2008-03-19 00:00:00

Syed Ashraful HasanCOUNTRIES worldwide have been gradually embracing a democratic way of life. Despotic and autocratic governments round the world were dumped for their gross abuse of human rights and freedom and replaced by elected and representative governments, which in...