Rich Miller, Matthew Benjamin and Kevin CarmichaelThe name doesn't exactly trip off the tongue. The entity is called the master liquidity enhancement conduit, or M-LEC. Henry Paulson hopes it will help the banking system contain a debacle. Paulson, the former...
Krishna Guha WHOSE problem is it anyway? As the dollar sank to new lows this week, a growing number of people began to question how long the US can remain relaxed about its weak currency.The US has a long (if...
Lauren Monsen, USINFO Staff WriterLATIN America's poorest women once had few options for bettering their circumstances, but an organisation called Pro Mujer has opened up a new world of opportunity by providing small loans and other services.Pro Mujer, which means...
Amy Kazmin from BangkokBIODIESEL and the cultivation of energy-yielding crops have become for many countries an important component of energy planning. But few have embraced biofuels with the single-minded zeal of Burma, where the military junta has launched a huge...
FE Report Climate change will inflict harm on flood-prone Bangladesh in the near future, triggering displacement of up to 70 million of the country's populace, mostly living in low-lying coastal areas, says a new United Nations report. "… The near...
FHM Humayan KabirSome donors Tuesday agreed in principle to assist the disaster-affected Bangladesh when the government sought 0.5 million tonnes of food-grains.The government Tuesday at a meeting sought the assistance from the donors to offset the food deficit caused by...
Shamsul Huq Zahid The Asian Development Bank (ADB) dedicated a substantial part of its latest Quarterly Economic Update (QEU), released last Monday, to the Bangladesh readymade garments (RMG) sector that belying speculations by the doomsday preachers did exceptionally well in...
Siddique Islam The central bank of Bangladesh has asked the commercial banks to avoid the use of a third currency to ensure stability in the country's foreign exchange market, official sources said. The Bangladesh Bank (BB) has taken the move...
The Supreme Court (SC) Tuesday turned down the pleas of the Anti-Corruption Commission (ACC) and the government seeking a stay order on the HC ruling that the ACC notice on ex-PM Sheikh Hasina asking her to submit her wealth statement...
FE ReportThe warning of the Securities and Exchange Commission (SEC) about further cautionary measures to maintain stability of the stock market led to fall of the benchmark DSE General Index (DGEN) by 70.244 points to 3001.192 Tuesday.Two other indices--All Shares...
THE five-day housing fair organized by the REHAB, an association of the real estate companies, concluded Sunday in Dhaka, setting a change in business approach of the real estate builders, who are going through a difficult time because of a...
Syed Fattahul AlimPRICE of food grains have been an issue of national concern since long. A lot has been and is being written about the runaway price hike of daily essentials. Has the issue then become a hackneyed topic that...
Rod NewingHUMAN resources professionals can lend support, but responsibility for showing the importance of development rests with senior managers, who must reinforce that message with their own behaviour. Their aim must be to create a culture of development throughout the...
Khalilur RahmanTHE messy state of affairs in the country's energy sector should draw the attention of all concerned to the need for identifying the causes why things have not been improving. It is alleged by some quarters that the previous...
A health-related NGO has informed all concerned after a survey that in Bangladesh one person has been dying from kidney failure every hour and that one in every six persons out of 140 million people of the country is afflicted...
OUT of the 150 million of Bangladesh, about 40 million suffered, in varying degrees, from the cyclone SIDR. About 110 million others escaped its fury to retain their assets. Not all of the 110 million unaffected possess resources in the...
Robert Dreyfuss Who is the enemy? Who, exactly, are we fighting in Iraq? Why are we there? And what's our objective? Nearly five years into the war, the answers to basic questions like these ought to be obvious. In the...
Courtney SchlissermanSmaller companies are grabbing a bigger share of U.S. exports, making up for some of the jobs lost as multinational firms move operations overseas. American businesses without international subsidiaries accounted for 46 percent of sales abroad in 2005, up...
John Authers What numbers can you trust? Public companies publish a lot of information about their financial health and that has to be the key to valuing them. But accounting scandals, starting with Enron, have shaken confidence in the numbers...
HANOI, Nov 26 (Reuters): The European Union and Vietnam opened talks today on an agreement covering everything from trade and human rights to climate change and epidemics. Officials said the pact would allow an expansion in economic ties between the...
FE ReportNuvista Pharma Limited, formerly Organon (Bangladesh) Limited, has launched a Corporate Social Responsibility (CSR) fund titled 'Bondhon' in the city recently. More than 500 doctors including leading IVF (In Vitro Fertilisation) specialists, gynaecologists, medicine specialists, anaesthesiologists and professionals from...
BEIJING, Nov 26 (Xinhua): China bought from abroad 3.14 billion US dollars worth of textile machinery in the first eight months of this year, a growth of 25.5 per cent on the same period of last year, sources with the...
FE ReportGrameenphone Ltd has signed an agreement with the Dhaka Chamber of Commerce and Industry (DCCI) recently to provide complete communication facilities under its business solutions package to the members of DCCI.The agreement was signed by President of DCCI Hossain...
FE ReportGlobal Insurance Ltd Managing Director (MD) ABM Nurul Haq left the city for Cairo to attend a specialised workshop on 'Takaful and retakaful: building linkages for infrastructure development'.Haq will participate in the workshop to be held tomorrow (Wednesday) in...
Our CorrespondentSIRAJGONJ, Nov 26: Forged currency notes of Tk 100 and 500 are in regular circulation in Sirajganj, Pabna and Natore districts. Such notes almost every day are coming to the hands of buyer and sellers at different markets of...
SINGAPORE, Nov 26 (AFP): Seoul is Asia's costliest city for expatriates while the weaker yen has made Japanese cities more affordable, a survey released today said. The latest twice-yearly survey by human resources firm ECA International showed the South Korean...
BEIJING, Nov 26 (AFP): China and France signed today nuclear, aviation and other contracts that officials said were worth around 30 billion dollars, an amount French President Nicolas Sarkozy described as unprecedented. "The total amount of these contracts has never...
SINGAPORE, Nov 26 (AFP): Singapore's industrial output rose 0.9 per cent in October from a year ago due to a drop in pharmaceuticals production, a figure that came in below expectations, the government said today. The flat growth followed a...
HONG KONG, Nov 26 (Reuters): A set of abstract gunpowder-on-paper drawings have become the most expensive Asian contemporary art sold at auction, the Chinese works fetching US$9.5 million as the bulging ranks of Asia's rich snap up art. Cai Guo-Qiang's...
COLOMBO, Nov 26 (PTI): India has secured a order to export to 10,000 tons of potatoes to Sri Lanka, an official of a leading importers trade body here said. "Due to high demand for Indian potato in Sri Lanka we...
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