BENAPOLE, Dec 3: Two top terrors of Dhaka arrested in Indian city of Kolkata were today handed over to BDR at Benapole border. Rafiq Mallik and Babul alias Jewel were handed over by BSF at the check-post in the afternoon....
Siddique Islam The government is going to amend the existing Foreign Exchange Regulation Act, 1947 soon to make it time-relevant and ensure its effective implementation in line with international standards, official sources said.The interim government has sought a fresh draft...
FE ReportFinance and Planning Adviser AB Mirza Azizul Islam spelt out Monday the government's commitment to implementing the recommendations of the newly established Regulatory Reforms Commission (RRC) to promote investment and ensure better business environment in the country. Pointing to...
S M JahangirThe government will receive Tk 157.90 million per year through leasing out five state-owned jute mills to the private operators.They are Kaomi Jute Mill in Pabna, People's Jute Mills in Khulna, and R R Jute Mill, M M...
Naim-Ul-KarimThe International Finance Corporation (IFC) is likely to conduct soon a study on the financial position of cash-starved Bangladesh Biman Airlines Ltd (BBAL). Sources said the Ministry of Finance (MoF) has approved appointment of the IFC to scrutinise the financial...
M Azizur Rahman Berger Paints Bangladesh has planned to install a mineral turpentine oil (MTO) manufacturing plant having the production capacity of 15,000 tonnes per year.The company has recently submitted a proposal to the Energy and Mineral Resources Division (EMRD)...
FE ReportThe government has taken a move to monitor involvement of child labour in country's shrimp industries against the backdrop of widespread allegations of international buyers in this respect.The Business Promotion Council (BPC) under ministry of commerce has decided to...
FE ReportThe US dollar ended stronger against the Bangladesh taka (BDT) Monday in the inter-bank foreign exchange market with higher demand for the greenback, as trading started Monday as usual in the international market, fund managers said.The inter-bank call rate,...
The High Court (HC) Monday issued rule upon the government to explain why the Bangladesh Judicial Service Rules, allowing the judicial officers' deputation to the executive branches, should not be declared to have been made "without lawful authority," reports UNB.It...
BALI, Dec 03 (Agencies): Coal-burning power plants belch pollutants into the air in China, contributing to global warming that experts say has destroyed billions of dollars in crops.In India, melting Himalayan glaciers cause floods, while raising a more daunting long-term...
Sharif barred from election in PakistanLAHORE, Dec 03(Agencies): Pakistan's Election Commission decided Monday to bar Nawaz Sharif, a former prime minister and opposition leader, from the general election on Jan. 8 because of his criminal record."His nomination papers are rejected...
A working group formed by the present interim administration soon after its coming to power to formulate administrative reform policies has reportedly completed its job and the head of the human resources management committee of the group submitted its report...
Syed Fattahul AlimAfter the recent floods and cyclone, the issue of age-old agriculture has again taken the centre stage. And it is also not the recent calamities that have made us realise the fact that agriculture is so important in...
Ben White from New York SIXTEEN years ago, the largest bank in the US was on the ropes, its balance sheet crippled by bad debts, especially on commercial real estate and Latin American loans.Citicorp, as it was then known, turned...
Philip WrightWHAT is liberalisation of the European Union's gas and electricity markets about? This question is worth asking because the European Commission has been preoccupied with how liberalisation needs to be introduced, rather than with its purpose.In September last, this...
WHEN I lived in an independent house five years ago, I used to get electricity bills according to my expectation. Since I moved to an apartment house, my bills have been fluctuating every month. If it was for Tk 700...
We have some successful experimentations with confining the rickshaw movements to specific areas in the capital city. The Mohakhali DOHS has an effective area-based system for the rickshaws. The rickshaw pullers, in the area, are given identity cards and allowed...
THE response of the international community to the urgent needs of Bangladesh after the post-Sidr devastations in the south western coastal areas of the country has been quite encouraging. Many countries including our neighbours have come forward to our support...
Maswood Alam KhanMEASURING present grief, anguish or stupor of the Hurricane Sidr victims in coastal areas of Barisal and Khulna who are now bereft of all their belongings is not possible but by only those who underwent similar ordeals in...
MY brother, James, who was born in 1943 with a genetic chromosomal abnormality, Down's Syndrome, and who had a severe learning disability, died in 1999 in the UK as a result of negligence. He died of severe pneumonia because doctors...
Zakiul IslamWE often hear commentators say that the nation would not like to go back to pre - 1/11 days. These comments and wishes are, in fact, widespread in the society. It is borne out of our utter frustration at...
NEW DELHI, Dec 3 (AFP): India will not sacrifice the interests of its millions of subsistence farmers to clinch a deal in global trade talks, the country's trade minister warned. Trade Minister Kamal Nath's strong stand came after the head...
NEW DELHI, Dec 3 (Xinhua): With more than 2,700 Indian firms operating in the country, Singapore has emerged as the favourite destination for Indian domestic corporates looking to internationalise their business, local newspaper The Indian Express reported today. While bilateral...
BEIJING, Dec 3 (Xinhua): China's top leaders gathered in Beijing today to determine economic policies for 2008 amid efforts to prevent the economy from overheating and to curb inflation. The Central Economic Work Conference, an annual event initiated more than...
TOKYO, Dec 3 (AFP): Japan's central bank will continue to raise its super-low interest rates if Asia's largest economy enjoys sustainable growth, even with steady consumer prices, governor Toshihiko Fukui said today. Japan's benchmark interest rate of 0.5 per cent...
BANGKOK, Dec 3 (AFP): Thailand's economy grew by 4.9 per cent in the quarter to September, beating expectations and improving the kingdom's outlook for next year, the government's economic think-tank said today. The National Economic and Social Development Board (NESDB)...
SEOUL, Dec 3 (AFP): South Korea's economy grew at a slower pace in the third quarter than expected after expanding at its fastest clip in three and a half years in the second quarter, the central bank said today. Gross...
KATHMANDU, Dec 3 (Xinhua): After a decline of three consecutive years, production of paddy in Nepal is set to post sound growth this year, The Kathmandu Post reported. According to the daily, the latest report of the Ministry of Agriculture...
FE ReportDhaka Bank Limited (DBL) organised a workshop on Basel II at its training institute in the city recently. A total of twenty three executives from different branches and divisions of the bank participated in the workshop. Deputy Managing Director...
HONG KONG, Dec 3 (AFP): Asian currencies ended the week mixed against the dollar on hints the United States may cut interest rates again when the Federal Reserve meets on December 11. JAPANESE YEN: The yen fell back against the...
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