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BTMA urges EU to extend RoO by five years more

2007-12-11 00:00:00

FE Report Leaders of the Bangladesh Textile Mills Association (BTMA) has urged European Union (EU) Ambassador to Bangladesh Dr Stefan Frowein to extend the rules of origin (RoO) facilities by another five years. The appeal was made at a meeting...

Lack of safety support slows rescue operation

2007-12-11 00:00:00

Rajuk has so far failed to rescue labourers trapped inside the wreckage of the Rangs Bhaban, the city developer's chief engineer Manwarul Islam said Monday. As Rajuk attempted search and recovery of trapped workers Monday morning, a portion of the...

Tk 1.03b approved as repair cost of Ghorashal plant

2007-12-11 00:00:00

FE ReportThe council committee on government purchase Monday approved Tk 1.03 billion as repair cost of the Ghorashal Urea Fertiliser Factory, damaged by an explosion several months ago.Production in the fertiliser factory is being hampered since the accident took place.A...

Operating in a world of constant change

2007-12-10 00:00:00

Amer KhanThe brilliant mathematician Alfred North Whitehead once said: "The art of progress is to preserve order amid change and to preserve change amid order".The nature of business today is that change is the only constant. Organisations, be they public...

Ten products that transformed IT

2007-12-10 00:00:00

Forty years. Thousands of IT products. Many of them made a huge difference for technology professionals, and they're fondly remembered. But only a few truly transformed IT - and how IT people, users and businesses did their work. Here are...

Business accelerators for government

2007-12-10 00:00:00

Oracle has recently announced the availability of Oracle® Business Accelerators for the Oracle E-Business Suite Release 12, designed for U.S. State and Local Government sectors. With this announcement, Oracle is enabling partners to efficiently and cost-effectively design and configure Oracle...

Four RU teachers freed from jail

2007-12-10 00:00:00

Four Rajshahi University teachers jailed for inciting campus unrest were released from prison hours after president Iajuddin Ahmed Monday approved mercy petitions filed by their wives. Management teacher Moloy Kumar Bhowmik and mass communication teachers Selim Reza Newton, Dulal Chandra...

For uniform good standards in accounting

2007-12-10 00:00:00

The Finance Adviser has stressed the point of good auditing practices -- which are synonymous with sound accounting practices -- to attain good corporate governance. The Adviser commented, thus, at a function of the Institute of Chartered Accountants (ICAB) last...

Why do we need RIA?

2007-12-10 00:00:00

Shamsul Huq ZahidChief Adviser Dr. Fakhruddin Ahmed while speaking at a function in Dhaka last week expressed his government's desire to introduce the Right to Information Act (RIA), one of the much-discussed legal issues. At least 61 countries including some...

Japan drafts aid plan for small businesses

2007-12-10 00:00:00

Jonathan Soble from TokyoJAPAN is examining whether to expand a financial support programme of almost $1.0bn for small companies being squeezed by the rising cost of oil.Yasuo Fukuda, prime minister, has instructed members of his cabinet to draw up proposals...

Hopes of half-point Fed rate cut slim

2007-12-10 00:00:00

Daniel Pimlott in New York and Krishna Guha in WashingtonTHE likelihood that the Federal Reserve will cut interest rates by more than a quarter point next week fell sharply last Friday after new figures showed the US economy continued to...

Are big companies above the law?

2007-12-10 00:00:00

Tanvir NowazTHE current policy of letting big companies and businesses off the hook of corruption in exchange for getting testimonies is not only disingenuous considering the ongoing campaign against corruption but also counter productive in establishing the rule of law....

Sidr and CI sheet price

2007-12-10 00:00:00

CYCLONE Sidr hit Barisal Division and parts of Khulna and Dhaka divisions last November. Besides a great number of people, thousands of animals, domestic or otherwise, were killed. Tens of thousands of shelters of people were damaged as well. As...

Replant big trees uprooted by Sidr

2007-12-10 00:00:00

THE devastation caused by the SIDR in the country's coastal belt is not comparable to the damage done by previous natural calamities. We have lost not only the valuable lives of people but also natural resources due to this cyclone....

On teacher-student relationship

2007-12-10 00:00:00

Md. Anwarul Kabir DURING the closing decade of the last century, perhaps on the first or second day of my graduate programme in the University of Wales, UK at the end of the lecture, a young girl student wearing short...

Why the climate change wolf is so hard to kill off

2007-12-10 00:00:00

Martin WolfTHE point of the story of the boy who cried wolf is that, finally, a wolf did appear. I feel the same way about the intellectual heirs of Thomas Malthus. Malthusians have finally found a wolf called climate change....

Domestic violence against women

2007-12-10 00:00:00

Konika BiswasSaleha Begum of Bagerhat's Chitalmari upazila was married off in 1975 with a schoolteacher when she was only 16. The young bride did not get the necessary mental support from her in-laws when needed.Her husband, Sajedur Rahim, to attend...

Rich, poor differ over how to open up trade in green goods

2007-12-10 00:00:00

JIMBARAN, Indonesia, Dec 9 (Reuters): Rich and poor differed today over how to open up trade in green goods, with Brazil fearing a major US-EU proposal raised on the fringes of climate talks in Bali was a protectionist ruse. Officials...

Divided Fed eyes further rate cut as insurance against slump

2007-12-10 00:00:00

WASHINGTON, Dec 9 (AFP): A sharply divided Federal Reserve is widely expected to cut interest rates further at a policy meeting Tuesday to provide insurance against a potential economic downturn, analysts say. The central bank's Federal Open Market Committee however...

China-Myanmar economic, trade cooperation makes new progress

2007-12-10 00:00:00

YANGON, Dec 9 (Xinhua): The bilateral economic and trade cooperative ties between China and Myanmar has made new progress in 2007 with an incomplete Myanmar official statistics showing that China was at least able to become Myanmar's second largest trading...

OECD welcomes China's role in Africa

2007-12-10 00:00:00

LISBON, Dec 9 (Xinhua): Increased interest in Africa by emerging economies such as China and India is good news for the continent, said an official of the Organisation for Economic Cooperation and Development (OECD) yesterday. "It is a major event...

Nepal gets $253m World Bank grant

2007-12-10 00:00:00

KATHMANDU, Dec 9 (PTI): The World Bank has approved USD 253 million in grants for Nepal's infrastructure development in an effort to boost the peace process in the Himalayan nation.The World Bank approved its largest ever support package of USD...

Oil prices lower despite OPEC decision

2007-12-10 00:00:00

LONDON, Dec 9 (AFP): Oil prices eased this week despite OPEC's decision to hold output levels and news of plunging crude reserves in the United States. OIL: By Friday, New York's main oil futures contract, light sweet crude for delivery...

Asian currencies mixed against dollar

2007-12-10 00:00:00

HONG KONG, Dec 9 (AFP): Asian currencies ended the week mostly mixed against the dollar after the US announced plans to help homeowners hit by the subprime mortgage crisis and hints of another cut in interest rates. JAPANESE YEN: The...

BASIC Bank donates more for SIDR victims

2007-12-10 00:00:00

FE ReportBASIC Bank Ltd donated another Tk 50,000.00 for immediate help to the cyclone SIDR victims recently.BASIC Bank Ltd General Manager Md Abdul Jabber handed over a pay-order for the amount of money to the Communication, Shipping, Civil Aviation and...

FAO puts cereal output at 2,101m tonnes

2007-12-10 00:00:00

NEW YORK, Dec 9 (PTI) The latest forecast by UN's Food and Agriculture Organisation has put this year's world cereal production at 2,101 million metric tons, with most of the increase coming from rise in coarse grains output, especially maize...

US, China set to grapple with critical economic issues

2007-12-10 00:00:00

WASHINGTON, Dec 9 (AFP): With their economic woes mounting, the United States and China will hold high-level talks this week on key issues amid concerns over a tightly-controlled Chinese currency and protectionism. The cabinet-level talks in Beijing will also tackle...

Prime Bank gets ICAB award

2007-12-10 00:00:00

FE ReportPrime Bank Limited achieved first position in the banking category of ICAB National Award-06. This award is the testimony of the soundness of the bank, compliance of both Bangladesh and international accounting standards and transparency.Managing Director of the bank...

Govt borrows Tk 8.0b thru' treasury bills

2007-12-10 00:00:00

FE Report The government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day...

Mobile phone fair begins in city tomorrow

2007-12-10 00:00:00

FE ReportA five-day mobile phone fair -- Dhaka International Mobile Phone Fair-2007 -- begins tomorrow (Tuesday) at the Bangladesh-China Friendship Conference Centre. Under the auspices of the Bangladesh Mobile Phone Businessmen's Association (BMBA).President of the BMBA Nijamuddin Zitu announced the...