FE Today Logo

Search results for:


Pursuing the path of tolerance

2007-12-24 00:00:00

As usual we remembered on the occasion of the Victory Day on December 16 our heroes with gratitude who had sacrificed their lives to give us the Independence. May Allah bless their soul and give peace and tranquility to their...

Why our consumers are powerless?

2007-12-24 00:00:00

CONSUMERS' associations in some countries, with millions of memberships, generate and wield formidable consumer power. Some of them deal with common essentials. Supposing the price of eggs rises by 15 pence in the UK outlets in a short period of...

In China, farming fish in toxic waters

2007-12-24 00:00:00

David BarbozaHERE in southern China, beneath the looming mountains of Fujian Province, lie dozens of enormous ponds filled with murky brown water and teeming with eels, shrimp and tilapia, much of it destined for markets in Japan and the West....

US Presidential polls campaign gets tougher on illegal immigrants

2007-12-24 00:00:00

Washington Post writerTHE idea that 12 million illegal residents of the United States can be induced to quit the country en masse within four months is absurd on its face -- a non-starter in logistical, humanitarian, political, diplomatic, commercial and...

Leadership battle grips South Africa's dominant party

2007-12-24 00:00:00

Michael Wines from Polokwane, South AfricaIN South Africa, the African National Congress is the unchallenged political machine, the party's leader is its kingmaker and the conference to select that person, which began Sunday, is not unlike an American presidential primary.But...

Thaksin allies poised for election victory

2007-12-24 00:00:00

BANGKOK, Dec 23 (Agencies): Former Prime Minister Thaksin Shinawatra, deposed, exiled and allegedly corrupt, was poised for a comeback-by-proxy as exit polls showed his allies won Sunday's post-coup election.The outcome is likely to deepen the country's two-year political crisis.The information...

Trio of foreign leaders visits Kabul

2007-12-24 00:00:00

KABUL, (Afghanistan) Dec 23 (Agencies): Leaders of France, Australia and Italy traveled to Afghanistan over the weekend to meet with President Hamid Karzai and visit troops stationed in the conflict-ridden country. Nicolas Sarkozy, the first French president to visit Afghanistan,...

Iraq govt vows to disband Sunni groups

2007-12-24 00:00:00

BAGHDAD, Dec 23 (Agencies): Iraq's Shiite-led government declared Saturday that after restive areas are calmed, it will disband Sunni groups battling Islamic extremists because it does not want them to become a separate military forces Iraqi Kurdistan, Turkish warplanes bombed...

Turkey stages new air attack on Kurd rebels in Iraq

2007-12-24 00:00:00

ANKARA, Dec 23 (AFP): Turkey's military said it attacked Kurdish separatists in northern Iraq Saturday for the third time in less than a week, bombing and shelling positions and warning more will follow. "Turkish aircraft attacked between 1:35 pm and...

Hindu nationalists win in Gujarat election

2007-12-24 00:00:00

AHMADABAD, (India), Dec 23 (Agencies): The Congress party conceded defeat Sunday in elections in the western Indian state of Gujarat after early results indicated a large victory for the Hindu nationalist Bharatiya Janata Party under its contentious leader Narendra Modi....

No ceasefire with Hamas: Olmert

2007-12-24 00:00:00

JERUSALEM Dec 23 (Agencies): Prime Minister Ehud Olmert Sunday ruled out cease-fire talks with Hamas, calling Israel's battle against the Islamic militant group that controls the Gaza Strip a "true war." The Israeli army has been battling Hamas and other...

digest

2007-12-24 00:00:00

Five dead in US snow storm WASHINGTON, Dec 23: BSS/AFP) - A snow storm packing strong winds caused flight delays and closed highways across the central United States, leaving at least five dead in road accidents, US media reported Sunday....

US economy grows at fastest rate in four years during Q3, jobless claims up

2007-12-24 00:00:00

WASHINGTON, Dec 23 (Reuters): The US economy grew at its fastest rate in four years during the third quarter, the government confirmed Thursday, but a surge in new claims for jobless benefits showed the labour market is softening. The Commerce...

Asia's airline sector set for slowdown

2007-12-24 00:00:00

SINGAPORE, Dec 23 (AFP): After two good years Asia's airline sector is set for a possibly steep slowdown in 2008 as the global credit crunch hits consumers, dampening air travel demand, an industry group said today. Increased capacity as the...

Singapore to spend $1.4b to expand port

2007-12-24 00:00:00

SINGAPORE, Dec 23 (AFP): Singapore is set to spend two billion dollars (1.41 billion US) to increase its port's annual capacity by about 40 per cent, a newspaper reported yesterday. The project is scheduled for completion by 2013 and is...

Myanmar privatising more state-owned enterprises

2007-12-24 00:00:00

YANGON, Dec 23 (Xinhua): Myanmar is privatising more state-owned enterprises for effective operation, putting 17 more such enterprises under two Myanmar ministries for auction. According to the government's privatisation commission yesterday, the 17 enterprises of the ministry of livestock breeding...

Indonesia eyes $6.4b from tourism in 2008

2007-12-24 00:00:00

JAKARTA, Dec 23 (Xinhua): The Indonesian government has targeted 6.4 billion US dollars in foreign exchange from an estimated 7 million foreign tourists expected next year. "We haven't reached our target yet for the year 2007, but the number of...

Platinum hits record high

2007-12-24 00:00:00

LONDON, Dec 23 (AFP): Platinum soared to a record high above 1,500 dollars an ounce this week owing to tight supplies of the white metal used to makes jewellery and catalytic converters for vehicles. The price of platinum has jumped...

Asian currencies lower against dollar

2007-12-24 00:00:00

HONG KONG, Dec 23 (AFP): Asian currencies ended the week lower against the dollar as dealers said rising inflationary pressure in the United States may prevent further rate cuts in January. JAPANESE YEN: The yen lost ground against the dollar...

EU braces for end of Chinese clothing quotas

2007-12-24 00:00:00

BRUSSELS, Dec 23 (AFP): The European Union is bracing for the expiry of import quotas on Chinese textiles at the end of the year amid fears of a new wave of T-shirts and trousers bearing "Made in China" labels flooding...

Crude rises on supply concerns, US economic data

2007-12-24 00:00:00

NEW YORK, Dec 23 (AFP): Oil prices surged Friday before the Christmas and New Year holidays amid lingering concerns about energy supplies during the northern hemisphere winter, analysts said. The market also was underpinned by generally strong US economic data...

Indian retail boom fights soaring rentals, space shortage

2007-12-24 00:00:00

BANGALORE, Dec 23 (AFP): First came political misgivings and then street protests by small-store owners across India, fretful they will be put out of business by the deep pockets and discounting power of retail chains. But that perhaps didn't worry...

Dhaka Bank signs MoU with NVS Auto World

2007-12-24 00:00:00

FE ReportDhaka Bank Ltd and M/S Auto World have signed a memorandum of understanding (MoU) in the city recently, said a press release.Under the MoU, Dhaka Bank will extend its retail auto loan service to the clients of M/S Auto...

Clouds over Nigeria's oil industry

2007-12-24 00:00:00

LAGOS, Dec 23 (AFP): Despite being the world's eighth petroleum exporter and sitting on huge gas reserves, Nigeria will not have it easy over the next two years, between persistent unrest in the Niger Delta and strained relations with the...

Special ADB fund for women entrepreneurs

2007-12-24 00:00:00

CHITTAGONG, Dec 23 (BSS): At least 10 per cent of the 300 million US dollars given by the Asian Development Bank (ADB) as special funds for promotion of small and medium enterprises (SMEs) has been kept reserved for women SME...

Prices of onion fall in Brahmanbaria

2007-12-24 00:00:00

Our CorrespondentBRAHMANBARIA, Dec 19: Market prices of onion marked a sharp fall by over fifty per cent within a span of only five days all over Brahmanbaria district, market sources said.The sources said, the consumers had been purchasing imported Indian...

Bangladeshi co in CEPZ plans project expansion

2007-12-24 00:00:00

Section Seven Ltd, a Bangladeshi company at the Chittagong Export Processing Zone (CEPZ) is going to expand their project, reports BSS.The company will make an additional investment of 7.4 million US dollar and the total investment will stand at 9.3...

Extension of modern banking facilities to clients stressed

2007-12-24 00:00:00

FE Report National Credit and Commerce Bank Limited (NCCBL) Chairman Tofazzal Hossain laid emphasis on extension of modern banking facilities to clients. The NCCBL chairman said this while speaking as the chief guest at the inauguration of its 52nd branch...

Fate of Ananya Housing Project hangs in balance

2007-12-24 00:00:00

Our CorrespondentCHITTAGONG, Dec 23: Uncertainty looms over allotment of plots of the Ananya Housing Project of Chittagong Development Authority (CDA) due to difficulties in determining the price of land, according to sources.The CDA had taken up the project over 170...

Local cos bag $340,000 spot orders at Indian trade fair

2007-12-24 00:00:00

Bangladesh received spot orders worth US$ 340 thousand (3.40 lakh) and another US$ 120 thousand in prospective orders at the India International Trade Fair (IITF)-2007 held recently in New Delhi, reports BSS.The Export Promotion Bureau (EPB) of Bangladesh organised participation...