FE ReportChief Adviser's special aide M Tamim Tuesday stressed the need for regional cooperation in energy trades as part of the government's move to exploit all possible sources to ensure the country's energy security in the coming years."We can move...
Shakhawat HossainResource crunch and poor performance have forced the government to trim the current annual development programme (ADP) by 15.09 per cent to Tk 225 billion, source said Tuesday.The original ADP size was Tk 265 billion for fiscal 2007-08.The decision...
FE ReportPubali Bank Ltd has launched a new scheme offering financial support to Bangladeshis seeking jobs abroad."Our new venture -- Non-Resident Credit Scheme -- begins March 1 next and it will be very helpful for millions of the country's jobseekers,...
Syed Ishtiaque Reza Bangladesh and other members of the South Asian Association for Regional Cooperation (SAARC) are expected to request India to address their concern over non-trade barriers in the upcoming meeting of SAARC commerce ministers in New Delhi next...
PATUAKHALI, Feb 19 (UNB): Army Chief General Moeen U Ahmed Tuesday urged honest people to come forward to develop the country by utilising its ample resources."Our country has a lot of resources. We can develop our country by utilising those...
FE Report Administrator of the country's apex trade body Syed Manzur Elahi Tuesday said the government should consult all stakeholders concerned including the business community about the draft Financial Reporting Act-2007, aimed at establishment of a Financial Reporting Council."The government...
Doulot Akter MalaThe National Board of Revenue (NBR) has decided to fix the actual price of cement in line with the present market price to increase the collection of Value Added Tax (VAT) from the major revenue-earning sector.The VAT department's...
FE Report The lowest edge of inter-bank call money rate rose slightly Tuesday due to withdrawal of cash from the market through bonds. The US dollar, however, was stable in the inter-bank foreign exchange market although the demand for the...
COX'S BAZAR, Feb 19 (UNB): Three children drowned and 30 others were injured as an overloaded boat capsized in the Moheshkhali channel of the Bay near Gorokghata Tuesday morning. The deceased were identified as Rumi (2), daughter of Saber Ahmed...
There is an error in the headline 'Pakistanis vote, turnover low' published in the Back Page of the FE yesterday (Tuesday). Actually, it should be read as 'Pakistanis vote, turnout low'. The inadvertent mistake is regretted.
THE importance of agriculture in any economy is again being felt across the world in these days of high food prices. Actually, the agriculture sector would continue to be as important as it was in the past. For the people...
Syed Fattahul AlimTHE status of balance of payment (BoP) of an economy is an important indicator of its overall health. A deficit position of BoP for an economy means that it has spent more than it has earned in terms...
Wolfgang Münchau HOW big is the risk of global deflation? Five years ago, central banks led by the US Federal Reserve fretted and cut short-term interest rates aggressively. This time the Fed is largely alone in seeking insurance against the...
Monwar AhmedGOVERNMENT leaders didn't miss any opportunity in two decades to raise expectations for expansion of the facilities for technical education. Out of a dozen new science and technology universities pledged, most of the would-be ones were not established. Technical...
THE US Congress is about to adopt a legislation, the New Partnership for Development Act (NPDA) bill, to extend quota- and duty-free access of the export goods of the least developed countries (LDCs) to its market.But it is not as...
I had been to a so-called 'five star' hospital to see an ailing relative for a few days. He was admitted a week earlier and they had moved him to the ICU or intensive care unit where visitors only have...
Nafisa Zabeen OviWOMEN empowerment is a very important catch word now in developmental jargon for last few years in Bangladesh. Although nearly half of the country's population is female, the majority of them are excluded from the core development process....
Yasmin ChowdhuryWhen I first visited Bangkok in 1994, 1 got around the city mostly by bus. The buses were slow, the streets congested, and I soon learned that I could only make one plan for the morning and one for...
Jakey Uddin Ahmed Patwari, MD, CCRCBECAUSE of several advantages and advancement of clinical trials, pharmaceutical and device companies of many countries in Asia, are sponsoring multi-national, multi-center clinical trials in the USA and EU to obtain Federal Drug Administration (FDA)...
BRUSSELS, Feb 19 (Reuters): Twenty European Union countries are opposed to compromise proposals on agriculture floated by a World Trade Organisation (WTO) mediator as part of a bid to rescue global trade talks, France said Monday.But EU trade chief Peter...
NEW YORK, Feb 19 (AP): Many baby boomers are not going to be able to maintain their standard of living in retirement, not only because they're not saving enough but also because they face skyrocketing healthcare costs.A study being released...
WASHINGTON, Feb 19 (AFP): The US Federal Reserve this week releases its updated economic forecast likely to show tepid growth for most of 2008 but probably not a recession, thanks to rate cuts and a big stimulus effort. The forecast...
WASHINGTON, Feb 19 (AFP): The US Federal Reserve this week releases its updated economic forecast likely to show tepid growth for most of 2008 but probably not a recession, thanks to rate cuts and a big stimulus effort. The forecast...
BRUSSELS, Feb 19 (Reuters): Farmers, fishermen and office clerks will become a rare breed in Europe, but there will be millions of new jobs in service industries for highly skilled and educated people, a European Union study showed yesterday. The...
LONDON, Feb 19 (AFP): British Prime Minister Gordon Brown defended yesterday his decision to nationalise troubled lender Northern Rock in the face of fierce criticism and questions over his reputation for economic competence. After the first British nationalisation since the...
KUALA LUMPUR, Feb 19 (AFP): Foreign investment in Malaysia's manufacturing and services sectors jumped 69 per cent to a record high of 13.7 billion dollars in 2007, Trade Minister Rafidah Aziz said today. In the manufacturing sector, foreign investment was...
SYDNEY, Feb 19 (AFP): Australia's rice crop will drop by 90 per cent and cotton production will fall 58 per cent this year as a result of water shortages in the south, the nation's commodities forecaster said today. Above average...
TOKYO, Feb 19 (AFP): The dollar was mixed in sluggish Asian trade today as market players looked for fresh leads amid signs that global financial markets are regaining stability, dealers said. But they said there was a risk that dollar-selling...
FE ReportCentral Insurance Company (CIC) Ltd held its Branch Managers' Conference-2008 in the city recently. The Conference dwelt on the activities of the company during the last year with a focus on the future business policies and growth.CIC Managing Director...
FE Report Inspite of a fair amount of end of season teas on offer the market was quite strong especially for clean liquoring Fannings and Dusts. Internal Blenders/Packeteers were quite strong along with more interest from the Loose tea section...
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