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Streamlining the distribution of agricultural inputs

2007-11-18 00:00:00

Shahiduzzaman KhanTHERE has been acute shortage of fertiliser in the northern and southern districts of Bangladesh. Newspaper reports suggested that the farmers were locked in fistfights against the local distributors of Munshiganj district. Agitated farmers also brought out a procession...

A return of the spectre of corruption

2007-11-18 00:00:00

Anna FifieldThroughout the 40-odd years of South Korea's industrialisation, the fastest way to get ahead in politics or business has often been with the help of brown envelopes of cash.Such practices were supposed to become a thing of the past...

Getting rid of clumsy, destructive politics in universities

2007-11-18 00:00:00

Shazib ChowdhuryQUALITY of education at public universities compared to the international educational standard has fallen alarmingly. We are way behind in all fields of education compared to our immediate neighbour India. We do not have enough natural resources to sustain...

Problems in the real estate sector

2007-11-18 00:00:00

Who are the people who see the wisdom of investing their money in flats? They are the ones who practically see the difficulties of building independent houses in good localities. Individually buying lands in the good areas is unthinkable for...

Helping the victims of cyclone

2007-11-18 00:00:00

The distressed people in the south and south western coastal areas of the country do need all kinds of support and help, both government and private, in this hour of distress. The cyclone, SIDR, has wrought a havoc in those...

City's transportation system

2007-11-18 00:00:00

Although there has been a deterioration in taxi-cab services, hardly any corrective steps were taken. The taxicab service was launched in the country to facilitate better transportation to commuters as well as to cater to tourist needs. But due to...

Review of pre-shipment inspection in Bangladesh

2007-11-18 00:00:00

Manzur AhmedTHIS article reviews the write-up titled "Pre-shipment inspection in Bangladesh: outsourcing customs efficiency to foreign companies" published in The Financial Express on September 26, 2007 by Rashid ul Ahsan Chowdhury Ph.D, the incumbent Member, Customs of the National Board...

The hidden side of economics

2007-11-18 00:00:00

Elayne Clift writesAN award-winning economics professor at the University of Chicago, he attempts to answer questions that explain how the world works:Q: Why did crime rates drop in America in the 1990s?His answer: Legalised abortion meant fewer kids grew up...

Opportunity lost as gas markets set to tighten

2007-11-18 00:00:00

Dino MahtaniTHE past decade has seen the beginnings of the creation of a global gas market with the emergence of liquefied natural gas as a fully flexible option of delivering gas supply. Strong demand for gas-fired power stations in industrial...

Asian leaders aim for green region, promote nuclear energy

2007-11-18 00:00:00

SINGAPORE, Nov 17 (AFP): Asian leaders from 16 countries will pledge to increase the region's forest cover by 2020 and promote the use of nuclear energy during their annual summit here next week. A draft statement obtained by the news...

USIBC launches move to deepen bilateral trade, investment

2007-11-18 00:00:00

WASHINGTON, Nov 17 (PTI): The US-India Business Council (USIBC), a business advocacy group, has launched a comprehensive initiative to deepen two-way trade and investment between Washington and New Delhi. "USIBC's ultimate goal is to unleash market forces supporting free trade...

France faces more disruption as strikes continue

2007-11-18 00:00:00

PARIS, Nov 17 (Reuters): France suffered a third day of transport disruption yesterday as a hard core of union resistance held out against a planned pension reform and protesters blocked some trains that were running. The open-ended strike has developed...

India to buy 400 firms in US, EU after 2010

2007-11-18 00:00:00

NEW DELHI, Nov 17 (PTI): In tune with ongoing trend, India Inc would buy 400 firms in European Union and the US markets every year from 2010 onwards, according to a study by Assocham. "Indian companies acquired more than 180...

Indonesian economy grows faster in Q3

2007-11-18 00:00:00

JAKARTA, Nov 17 (Xinhua): The Indonesian economy increased more rapidly than expected in the third quarter by 6.5 per cent over the same period of last year on continued strong exports and consumer spending, the Central Statistics Agency (BPS) reported...

Vietnam-WTO trade fair to be held next January

2007-11-18 00:00:00

HANOI, Nov 17 (Xinhua): Over 300 well-known companies from 20 countries and regions have already registered to showcase their best products and services at the Vietnam-WTO Trade Fair 2008 on the occasion of Vietnam's one-year WTO membership, organisers said today....

China to ease restriction on foreign investments in service sector

2007-11-18 00:00:00

BEIJING, Nov 17 (Xinhua): Chinese government will gradually scrap restrictions on the destination, stock ownership and business scope of foreign investment in the service sector, an senior economic planner said here today. "China will stick to the open-up policy and...

Oil slumps from record height, metals slide

2007-11-18 00:00:00

LONDON, Nov 17 (AFP): World oil prices slid from historic heights close to 100 dollars a barrel this week on easing supply concerns. Most metals futures also fell as the dollar stabilised against the euro.OIL: Crude futures slumped further from...

Dollar falls as US industrial output dips

2007-11-18 00:00:00

NEW YORK, Nov 17 (AFP): The dollar weakened against the euro and the British pound yesterday in the wake of fresh economic news including a report that showed a surprise drop in US industrial production last month. US industrial output...

OPEC highlights importance of development instead of immediate output adjustment

2007-11-18 00:00:00

RIYADH, Nov 17 (Xinhua): The Organisation of Petroleum Exporting Countries (OPEC) ended a two-day ministerial symposium here yesterday, highlighting the importance of development instead of immediate output adjustment. In the two-day symposium which opened Thursday to prepare for the oil...

Indian gems and jewellery exports up 21.5 pc

2007-11-18 00:00:00

NEW DELHI, Nov 17 (PTI): Country's gems and jewellery exports have risen 21.5 per cent to 9.38 billion dollars in the first six months of the current fiscal as against 8.01 billion dollars in the corresponding period last year. At...

Export of Nepali carpets up 14 pc

2007-11-18 00:00:00

KATHMANDU, Nov 17 (Xinhua): Export of Nepali hand- knotted woolen carpets went up 14 per cent in value in the first quarter of the current fiscal year started in mid-July from the same period of last fiscal, with total exports...

Malaysia's Synergy Drive to buy 60 pc of Bakun dam operator

2007-11-18 00:00:00

KUALA LUMPUR, Nov 17 (AFP): The Malaysian government has allowed plantations-to-power group Synergy Drive to acquire 60 per cent of the operator of the controversial Bakun hydro- electric dam, conglomerate Sime Darby said. Synergy Drive is the vehicle merging state-linked...

Rupee ends marginally lower against dollar

2007-11-18 00:00:00

MUMBAI, Nov 17 (PTI): The rupee yesterday ended marginally lower at 39.32/33 against the US currency after touching a low of 39.40 during early trade due to weakness in global equity markets on fears of more financial and economic uncertainty....

Oil prices surge ahead of OPEC summit

2007-11-18 00:00:00

NEW YORK, Nov 17 (AFP): Oil prices rose back above 95 dollars yesterday amid predictions that OPEC will not discuss raising output at its weekend summit and fresh tensions over Iran. New York's main contract, light sweet crude for December...

Review body suggests public-pvt partnership in coal mining

2007-11-18 00:00:00

The coal policy, after a review, provisionally prescribes government investment in the sector as it states that private local or foreign firms engaged in mining have to go for partnership with the government agency.The coal policy review committee Saturday adopted...

Co-op among wings, divs, depts in IBBL urged to expedite growth

2007-11-18 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) held a coordination meeting of different wings of the bank in the city recently.IBBL Executive President M Fariduddin Ahmad presided over the meeting.The executive president of IBBL, in his speech, stressed coordination and cooperation...

ICB AMCL declares NAV of two unit funds

2007-11-18 00:00:00

FE ReportThe Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the net asset values (NAV) of its two unit funds. The total NAV of ICB AMCL Unit Fund stood at Tk 439,719,675.86 on...

Bakery industry facing closure due to price hike of raw materials

2007-11-18 00:00:00

Our CorrespondentCHITTAGONG, Nov 17: In view of price hike of raw materials such as flour and ata, most of the bakeries and confectionaries in different parts of the port city are facing closure, sources said.Meanwhile, manufacturing of food items in...

Southeast Bank holds managers' conference

2007-11-18 00:00:00

FE ReportThe managers' conference-2007 of Southeast Bank Limited (SEBL) was held at Bangladesh-China Friendship Conference Centre in the city recently.SEBL Managing Director Neaz Ahmed presided over the function while SEBL deputy-managing directors MA Muhith and Syed Imtiaz Hasib were present...

BRAC to provide Tk 70m for emergency relief operations

2007-11-18 00:00:00

Bangladesh Rural Advancement Committee (BRAC), a non-government organisation (NGO) in the country, will provide Tk 70 million (Seven crore) for emergency relief operations in recent hurricane 'SIDR'-hit areas, reports UNB.BRAC will provide the money from its own fund and is...