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Trading on bourses resumes today

2007-12-26 00:00:00

FE ReportTrading on the country's two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- resumes today (Wednesday) after a six-day gap due to Eid and Christmas holidays.The bourses remained closed for two extended days between the...

Frozen food exports may miss target

2007-12-26 00:00:00

Doulot Akter MalaThe country's frozen foods export might fall short of target by 15 per cent in the current fiscal, as the sector failed to exploit the November-December peak-season.The export of frozen foods fell short of target by 8.0 per...

Textile sector sees proposed changes in RoO by EU as major challenge

2007-12-26 00:00:00

FE ReportLocal textile entrepreneurs see the EU's move to revise the existing rules of origin (RoO) facilities as a challenge for them to stay competitive in the global market of textile and clothing. An official in the European Commission (EC)...

Govt prepares to highlight one-year track record

2007-12-26 00:00:00

The interim government is preparing to build an impressive CV (curricular vitae) of its successes as it completes a year of assumption of power, reports bdnews24.com. The chief of the government's press wing said they had asked the ministries to...

UK minister in city on private visit

2007-12-26 00:00:00

British aviation minister Jim Fitzpatrick arrived in Dhaka Tuesday on a private visit to see the ongoing football training conducted by Canary Wharf UK. Fitzpatrick will visit the Bangladesh Krira Shikkha Protisthan today (Wednesday) and spend the day with some...

Fire breaks out in sandal factory

2007-12-26 00:00:00

Fire broke out in a sandal factory at Rayerbagh under Demra thana in the city Tuesday afternoon. Fire Brigade sources said the blaze originated at 4-10pm from electric short circuit in Desh Rubber Factory, which was under lock and key....

Body of young man recovered in city

2007-12-26 00:00:00

The charred and slaughtered body of an unidentified young man was recovered in the city's Jatrabari area Tuesday morning. Being informed by locals, police recovered the body lying on the road in front of Dhonia College at about 9.0am and...

Sharp rise in city house rent

2007-12-26 00:00:00

FE ReportHouse rent in Dhaka city has risen sharply over the years gobbling up almost half the incomes of average tenants as there is no effective body to protect tenant rights.Tenants belonging to the upper middle, middle, lower middle and...

BTRC to issue IP telephony licences soon

2007-12-26 00:00:00

FE ReportThe Bangladesh Telecommunication Regulatory Commission (BTRC) is set to invite applications from the internet service providers (ISPs) for issuing internet protocol (IP) telephony licences soon."We will be providing the IP telephony licences only to the ISPs to reduce the...

Christmas celebrated with prayers for peace

2007-12-26 00:00:00

The birth of Jesus Christ was celebrated Tuesday in Bangladesh as elsewhere in the world, reports bdnews24.com. The Christian community in the country joined in celebrating the day across the globe with different festivities. Churches throughout the country were decorated...

Manpower export to Qatar likely to get momentum

2007-12-26 00:00:00

FE ReportThe country's manpower export to Qatar, one of the largest overseas job markets of Bangladesh, is expected to get momentum after a scheduled visit of the Gulf country's labour minister to Dhaka next month, sources said.They said a high-powered...

HC shelter proves inadequate for 225 cheated Bangladeshis in Malaysia

2007-12-26 00:00:00

FE Report More than 200 Bangladeshi workers who claim their employers in Malaysia underpaid and abused them have sought refuge outside the Bangladesh High Commission there, said a report of AFP published in Khaleej Times online Tuesday. The Bangladesh High...

Fuel prices may remain at historically lofty levels throughout 2008

2007-12-26 00:00:00

NEW YORK, Dec 25(Agencies): Oil's run to nearly US$100 a barrel this year jacked up the cost of travel, clothing, beauty products and milk, and many analysts think fuel prices will remain at historically lofty levels throughout 2008.But record energy...

NY Times accuses Pakistan of diverting terrorism funds

2007-12-26 00:00:00

WASHINGTON, Dec 24(Internet): Pakistan has used much of the $5 billion it received from the United States for fighting terrorists to buy weapons to counter India, The New York Times reported on Monday.The report said that more than $5 billion...

Soaring global food prices 'no good sign'

2007-12-26 00:00:00

LONDON, Dec 25(Internet): The world is witnessing a strident march in food-price inflation, in terms of the geographical spread and speed of ascent, as well as the number of commodities involved.The food price index, published by the Food and Agriculture...

Observance of Eid amid post-Sidr realities

2007-12-25 00:00:00

THOUGH Eid is about enjoyment and festivities to be shared among the members of the Muslim community, the Eid-ul Azha this time did not bring unmixed delight for all in the country. In fact, it came amidst an atmosphere of...

Controversy over artefacts of old

2007-12-25 00:00:00

Syed Fattahul AlimHave we really come of age to preserve and protect the objects of art symbolising our history and culture?The question has arisen after a recent incident involving some ancient artefacts that had gone missing from the Zia International...

Living in a zero-sum world economy

2007-12-25 00:00:00

Martin Wolf WE live in a positive-sum world economy and have done so for about two centuries. This, I believe, is why democracy has become a political norm, empires have largely vanished, legal slavery and serfdom have disappeared and measures...

WTO tells US to act on illegal cotton subsidies

2007-12-25 00:00:00

Frances WilliamsTHE US must do more to eliminate billions of dollars in illegal subsidies to its cotton farmers, a World Trade Organisation panel has ruled in the latest assault on lavish US farm support.The ruling, which confirmed a confidential interim...

Where to hide this shame?

2007-12-25 00:00:00

SO what was feared finally came about. National treasures in the form of the valuable artefacts that were being shipped to France have been pilfered. Statues contained one box went missing and the empty box was later recovered.Those protestors who...

A new cleanliness

2007-12-25 00:00:00

EVERY year after Qurbani, the entire city used to stink. Sometimes, the rains would come down and help to clean the city. However, one doesn't expect the skies to open up at this time of the year. I can only...

Education : Getting value for money

2007-12-25 00:00:00

EDUCATION reforms are very necessary to address various issues in the education sector. The same must concentrate on improving the quality of education or quality of teaching, restructuring syllabi to meet the needs of a modern economy and produce human...

Taj Mahal won't accept US dollars as India laments lost value

2007-12-25 00:00:00

James G. Neuger and Simon KennedyTHE Taj Mahal, one of the world's architectural masterpieces, welcomes about 2.5 million visitors each year -- provided they don't try to buy tickets with dollars. India's most popular shrine announced in November that it...

Putin's military might fails to keep pace with his ambitions

2007-12-25 00:00:00

Ken FiremanRUSSIA'S military, which once defined its power and is central to President Vladimir Putin's ambitions for global influence, is lagging behind its energy- driven economic boom. The nation's armed forces remain beset by manpower and morale problems, aging equipment,...

Short shrift for human rights in South-east Asia

2007-12-25 00:00:00

Marwaan Macan-Markar from BangkokFOR nearly 30 years Cambodians have grappled with a question that no one in the country could answer with certainty: will the surviving leaders of the Khmer Rouge regime face justice for the genocide they perpetrated on...

Mobile-phone spending in US sets record on iPhone

2007-12-25 00:00:00

Ville HeiskanenIT took a computer maker and a pager company to convince Americans a mobile phone is worth paying for, and now shoppers are splurging. U.S. customers shelled out 40 percent more for handsets last quarter than a year earlier,...

Thai business leaders pessimistic on economy after poll

2007-12-25 00:00:00

BANGKOK, Dec 24 (AFP): Business leaders voiced pessimism over the outcome of Thailand's first post-coup polls today, saying it would not likely ease the political uncertainty that has plagued the economy for two years. The People Power Party (PPP), which...

S Korea's agri trade deficit to reach record high in 2007

2007-12-25 00:00:00

SEOUL, Dec 24 (Agencies): The South Korean government said today that the country's agricultural trade deficit is expected to reach a record high of over 10 billion US dollars for the first time this year. According to the ministry of...

Vietnam economy grows at 8.4pc this year

2007-12-25 00:00:00

HANOI, Dec 24 (AFP): Vietnam's economy grew at about 8.4 per cent this year, but inflation rose even faster, with prices shooting up 12.6 per cent in 2007, state media quoted the communist government as saying today. The economic growth...

Japanese cabinet approves FY 2008 budget

2007-12-25 00:00:00

TOKYO, Dec 24 (Agencies): The Japanese cabinet passed an 83, 061.3 billion yen (around 735.1 billion US dollars) state budget for fiscal 2008 today, which is 0.2 per cent larger than the initial budget for fiscal 2007. The general account...