Food Adviser Tapan Chowdhury Tuesday said he is looking for alternative sources for rice import as India raised the price sharply, reports UNB.Talking to newsmen, he said a decision has already been taken to import 100 thousand (one lakh) tonnes...
Naim-Ul-KarimThe country's export earning in the first half of the current fiscal might stand at nearly $7.0 billion recovering huge shortfall of the first quarter, provisional figures show."The export earning surged sharply after October last, driven by apparel exports," Shahab...
FE ReportDhaka stock exchange halted the trading of a Z-category share on Tuesday as the traders greeted the new year in a subdued mood with main index clocking a fall but the blue chips gaining some ground.The DSE authorities ordered...
The city-dwellers celebrated the 31st night, and welcomed the New Year 2008 amid strict police and RAB vigilance on Monday night, report UNB and bdnews24.com. The state of emergency and strict security measures muted the New Year's usual street celebrations...
Doulot Akter MalaThe National Board of Revenue (NBR) has moved to revoke the licence of pre-shipment inspection (PSI) company, Cotecna, after it was found guilty of undervaluing prices of imported luxury vehicles."We have imposed fine on the company and a...
FE ReportThe country's biggest private sector housing finance company, Delta BRAC Housing Finance Corporation (DBH), has got approval Tuesday to raise Tk 105 million from the stock market, the securities regulator said.The Securities and Exchange Commission gave the nod after...
Doulot Akter MalaThe Regulatory Reform Commission's (RRC's) sub-committee on simplification of three major customs rules relating to businesses and international trading is expected to submit its key recommendations to the commission on January 6, 2008.The committee made recommendations for removal...
Welcome the New Year 2008. The nation joins with the rest of the world in celebrating the New Year with a hope that the problems bedevilling its life and living will be over and a new era of peace and...
Syed Fattahul AlimAs it happened with other years of the Gregorian calendar, the year 2007, too, came and passed into eternity. Years in themselves are nothing tangible except that they are a thought-tool for humans to locate their ephemeral span...
Jo JohnsonAFTER celebrating his 70th birthday last Friday, Ratan Tata would in the normal course of affairs be facing mandatory retirement from the Tata Group. Two years ago, however, India's most respected and acquisitive conglomerate extended to 75 the age...
John BurtonTHE signing of a big Iranian gas development project involving Syed Mokhtar al-Burkary underscores the role that the influential Malaysian billionaire is playing in helping his country forge business ties with the Middle East.Mr Syed Mokhtar, who has built...
THROUGHOUT the developed countries, Sunday is observed as a holiday. In Pakistan too the weekly holiday is on Sunday. Pakistan is motivated more by economic pragmatism than anything else. Friday as weekly day-off delinks a country and its economy from...
BANGLADESH and India need to look for a bilateral FTA to benefit both the sides. For this the two sides need to carefully study and, if needed, even improve upon the India-Sri Lanka FTA.Stereotype notions on both the sides need...
THE country needs a proper and effective system of local government to ensure development throughout Bangladesh and stop migration of people to big countries.An uncaring attitude of the nineties toward the upazilla model made it a casualty inspite of the...
Celestine BohlenDURING a visit this month to Paris, Libyan leader Muammar Qaddafi, a one-time international pariah, thumbed his nose at his French hosts, accusing them of violating women's rights and treating African immigrants poorly. Halfway through Qaddafi's stay, French President...
Patrick Wintour in the The GuardianGORDON Brown's hopes of securing a parliamentary majority for his plans to extend the time terrorist suspects can be detained without charge have been dealt a severe blow by a survey of Commons opinion showing...
Belinda CaoTHE yuan rose the most since China ended its fixed exchange rate to the dollar in 2005 as the government signaled faster gains to cool the economy and curb inflation. The currency climbed as much as 0.43 per cent...
Andy Mukherjee The New Year may be a challenging one for Asian policy makers. Year-end US closing stocks for wheat are the lowest in six decades; soybeans in Chicago touched a 34-year peak this week. Palm oil in Malaysia climbed...
WASHINGTON, Dec 31 (AP): The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years.The slump worsened even more than most analysts expected, heightening fears that the...
MILWAUKEE, Dec 31 (AP): Diane Grezenski grew up a city girl, but now she and her husband run a dairy farm where she has taken on more and more of the work over the years."I do almost all the milking,...
GUANGZHOU, Dec 31 (Xinhua): China's top economic planning body the National Development and Reform Commission (NDRC) has urged local authorities to stay vigilant against chain reactions in price hike. "When the price of a certain product increases sharply, measures should...
NICOSIA, Dec 31 (Xinhua): With just hours to go before the legal tender changeover from Cyprus pound to the euro on January 1, authorities and citizens on the eastern Mediterranean island seem well-prepared to embrace the single currency. In the...
MUMBAI, Dec 31 (PTI): State Bank of India, the country's largest lender, is readying to open its third branch in the US by the end of this fiscal to widen its overseas network. The bank is understood to have received...
LONDON, Dec 31 (Reuters): Union leaders are to hold talks with airport operator BAA Monday in an attempt to avert a series of strikes that could cause widespread travel chaos in January.A BAA spokeswoman said the talks would take place...
LONDON Dec 31: Decline in world stocks of staple foods, record production matched by sustained demand growth and corresponding high prices, might suggest that the world's agricultural sector time has come.It is necessary though to recognise some factors that ought...
SINGAPORE, Dec 31 (AFP): Oil prices rose today due to instability in Pakistan and on the Turkish border with Iraq, heading towards 100 dollars per barrel again on the last trading day of the year, dealers said. In afternoon trade,...
LONDON, Dec 31 (Reuters): Gold was on track for its biggest yearly gain since 1979, with prices hovering Monday about $10 away from its historic highs.The metal has jumped more than 30 per cent this year as a slide in...
SINGAPORE, Dec 31 (AFP): The dollar fell against the yen on the last trading day of the year today after weak US data on new home sales, dealers said. They said there was also some squaring of positions ahead of...
HARARE, Dec 31 (AFP): Zimbabweans thronged banking halls today to beat a deadline to swap 200,000-dollar bills which become worthless when businesses close for the day. The reserve bank of Zimbabwe phased out the 200,000 zimdollar (about eight US dollars)...
Our CorrespondentCHITTAGONG, Dec 31: Having gas and power connections for setting up industries has become very difficult in Chittagong region. This has dampened the zeal of entrepreneurs in establishing industries.In getting gas connection, concerned entrepreneurs have to overcome at least...
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