Makoto Ota The crowds of Vietnamese trying their luck at the casinos that have sprung up in the southeastern border town of Bavet are a tangible example of the widening social divisions in their home country. While some of the...
Japan's closely watched machinery orders fell for the first time in five years in 2007, official data showed Friday, sparking fears that a US slowdown may pull Asia's largest economy down.The data raised renewed concern about Japan's economic recovery, which...
Patrick CollinsonWhen turmoil engulfed stockmarkets in London and Wall Street in January, it turned to panic outside Jeejebhoy Towers, India's stock exchange. The Mumbai market fell faster than at any time in its history, dropping 10 per cent in a...
Richard DuncanIt is clear from Alan Greenspan's autobiography, The Age of Turbulence - chapter 18, "Current Accounts and Debt" - that the former Federal Reserve chairman misunderstood the causes and underestimated the consequences of the extraordinary growth in the US's...
Richard Layard and Iain Vallance A revolution is in the making. For years we have tried to close the skills gap through more and more full-time education. This has worked well for half the population, but for the other half...
Denis MacShaneWill Tony Blair re-enter politics as the European Union's first president? This tantalising idea has been dangled in front of Europe's leaders by Nicolas Sarkozy, the French president. Immediately, the ancient mariner of EU politics, Valery Giscard d'Estaing, stepped...
Karl-Theodor zu Guttenberg The findings of the recent US National Intelligence Estimate on Iran have rekindled debate on Iran's nuclear ambitions and on the appropriate international response to its nuclear programme. It must be stated without illusions, however, that a...
Frank Partnoy Last Thursday night, when Steve Ballmer, chief executive officer of Microsoft, signed a letter announcing its proposal to acquire Yahoo, he probably knew the markets would punish his company's shares. When bold acquisitions are announced, the acquirer's shares...
Syed Shamsul AlamWHILE economic gains may be sufficient in themselves "assuming a reasonably fair distribution of those gains" to improve conditions in health and education, the opposite tends to happen with transport. Market economies support transport investments and infrastructure that...
Mahmuda BegumThere are one-fifth population in the world living in South Asian region. Poverty is one of the main problem in this region. Most of them earn in here less than a dollar a day. Several studies have shown that...
Mohammad Shahidul IslamGROWING popularity of cricket in Bangladesh can reshape its tourism and hospitality industry. Cricket and style go together. So should the cricket fans and their tours. That cricket boosts tourism can be seen from the instances of the...
Mohammed Ashraf HossainRAPID economic development is a must for generating employment opportunities for a maximum number of the country's existing unemployed or underemployed workforce. This development results from expanded activities in areas of trade, commerce and industry. All production-oriented activities...
FE ReportPrices of some essential commodities including edible oil and sugar have marked rise again while prices of rice and flour remained almost unchanged at the retail shops in city markets during the last one week, market operators said.In the...
FE ReportHong Kong-based Chinese investors will set up two textile industries at the Dhaka Export Processing Zone with an investment of US$ 105 million.The one hundred per cent foreign owned companies, Goldex Limited and Queen South Textile Mills Limited, will...
FE ReportBRAC Bank Limited has officially inaugurated its Dohar branch in Dhaka district recently. BRAC Bank Director Muhammad A (Rumee) Ali formally inaugurated the branch.Deputy Managing Director and CEO Kaiser Tamiz Amin, Head of Retail Banking Zabed Amin, Head of...
Sarwar ZahanThe inter-bank call money rate eased last week because of improvement in liquidity position that evidently neutralised withdrawal of cash from the market through auctions of reverse repurchase agreement (repo) and treasury bills, fund managers said.The market experienced pressure...
FE ReportThe Investment Corporation of Bangladesh (ICB) has declared Net Asset Value (NAV) of its two unit funds and re-fixed their sale and repurchase prices.The total Net Asset Value (NAV) of ICB AMCL Unit Fund stood at Tk 60,85,29,663.60 on...
Commercial Bank of CeylonFebruary 10 - February 14, 2008US dollar lost its value against Bangladesh taka as the local foreign exchange market was provided with remarkable support of USD 25 million last Tuesday to facilitate essential commodity payments. Last week's...
FE ReportTwo new Singer Plus shops were formally inaugurated at Senbagh in Noakhali and Chhagalnaiya in Feni recently. Singer Bangladesh Ltd Marketing Director Sajidur Rahman Khan formally opened the 236th and 237th Singer Plus shops at Senbagh and Chhagalnaiya respectively....
DEKALB, Illinois, Feb 15 (AP): A former student dressed in black walked onto the stage of a lecture hall at Northern Illinois University and opened fire on a packed science class Thursday, killing five students, wounding 16 and setting off...
WASHINGTON, Feb 15 (AP): With a deadline looming, President Bush and congressional Democrats are locked in a standoff over the government's authority to spy on foreign phone calls and e-mails that pass through the United States (US). A temporary law...
ISLAMABAD, Feb 15 (AFP): Pakistanis vote Monday in elections that are expected to further destabilise the nuclear- armed nation and determine the future of President Pervez Musharraf, a key ally in the US-led 'war on terror'. The parliamentary poll has...
NEW DELHI, Feb 15 (AFP): India, which recently staged its first military exercises with China, is ready to carry out naval manoeuvres with arch-rival Pakistan, the navy chief has said. Admiral Sureesh Mehta made the offer late Thursday on the...
WASHINGTON, Feb 15 (AFP): Hillary Clinton got a badly needed piece of good news Thursday with word she had won last week's New Mexico Democratic presidential caucus over her surging rival Barack Obama. Clinton received 73,105 votes while Obama had...
You have to give it to Adam Gilchrist - he does have some sense of timing. In his last innings at the WACA, with Australia under a little bit of pressure half-way through the final edition of the CB Series,...
England's chastised cricketers demonstrated a new-found resolve in the third ODI against New Zealand at Auckland, and hauled themselves back into contention in the series with a hard-earned but ultimately comfortable six-wicket victory, according to website cricinfo. After winning the...
Prior to Bangladesh's home series on February 22, South Africa skipper Graeme Smith Friday said they are not taking Bangladesh lightly although the visitors are theoretically strong in papers, reports UNB. "Bangladesh team comprised some talented players, whose abilities are...
Dipali Jubo Sangha played to a goalless draw with Mohakhali Ekadosh in the day's lone match of the Metropolis Senior Division Football League at the Bir Shreshtho Shaheed Sepoy Mohammad Mostafa Kamal Stadium at Kamalapur Friday, reports UNB.Both the teams...
PARIS, FEB 15 (AP): An operation to repair a ruptured tendon in Ronaldo's left knee "went well," and the Milan striker will be sidelined for about nine months, a French surgeon was quoted Friday as saying in sports newspaper L'Equipe.
RAJSHAHI, Feb 15 (BSS): Artificial insemination of cows is gaining popularity in the northern region following significant achievement in improving the breeding system.Regional Artificial Insemination Centre has been playing a vital role in making the programme popular among the people...
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