Dhaka plans to push the World Bank (WB) to release the aid it pledged in the country assistance strategy 2005-06 (CAS) paper, a senior Economic Relations Division (ERD) official said, reports bdnews24.com. "We want the WB to follow the CAS,...
Law Adviser Mainul Hosein approved a change in the land registration rules Thursday, which allows the fees to be paid through pay orders. Mainul also directed the land registration directorate to supply the buyer's land documents immediately after registration to...
KHULNA, Oct 18: A two-member delegation of the European Union (EU) will pay a three-day visit to Khulna beginning today (Friday) to inspect the quality of shrimp production and processing. The delegation from EU's Food and Veterinary Mission that arrived...
Rajdhani Unnayan Kartipakkha (RAJUK) will hand over 3.23 acres of its recently recovered land to the Dhaka City Corporation for expansion of Banani Graveyard at a token price. The decision was taken Thursday at an inter-ministerial meeting held in the...
The Anti-Corruption Commission (ACC) is inquiring into allegations of corruption and irregularities against former prime ministers Khaleda Zia and Sheikh Hasina along with ministers and bureaucrats during the two governments of BNP and Awami League in signing contract with Canadian...
Doulot Akter MalaThe National Board of Revenue (NBR) is initiating a move to look into performance of pre-shipment inspection (PSI) companies before expiry of their contract tenure in 2008.The board has planned to sit with all relevant sections of people...
Like yesteryear, uncertainty still looms over hassles-free hajj performing by Bangladeshi pilgrims as the private hajj-facilitating agencies could not rent dormitories for them in Makkah and Medina of Saudi Arabia, reports UNB. A review meeting on this year's Hajj management,...
FE ReportShare prices on the Dhaka Stock Exchange (DSE) bounced back Thursday following buying-spree by the investors after one day's of decline.On the day, most of the share prices under banking and insurance sectors have gone up.Market operators said investors...
In a move to make applying for a visa to the UK more straightforward and convenient, the British High Commission (HC) in Dhaka has announced introduction of a new, simpler visa application forms and unveiled online applications facility, reports UNB.The...
Naim-Ul-KarimThe Inter governmental Expert Group (IGEG) of SAARC member states is meeting in Kathmandu later this month to discuss formation of a SAARC Development Fund (SDF).The SAARC (South Asian Association for Regional Cooperation) comprises Afghanistan, Bangladesh, Bhutan, India, the Maldives,...
FE ReportThe US dollar lost ground insignificantly against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market with stable demand for the greenback, fund managers said.The inter-bank call money rate, however, was steady despite withdrawal of cash through...
FE Report Bahrain police have rounded up eight men in connection with a knife attack on a Bangladeshi expatriate, said a leading English daily of the country Thursday.It said quoting sources that they could face a charge of attempted murder...
INVESTMENTS are the keys to economic growth. Developing countries such as Bangladesh are specially keen to play host to foreign investments in greater number because in most cases the rate of their internal investments, remains poor. The foreign direct investments...
INVESTMENTS are the keys to economic growth. Developing countries such as Bangladesh are specially keen to play host to foreign investments in greater number because in most cases the rate of their internal investments, remains poor. The foreign direct investments...
Jagdish BhagwatiTURN to the leading US newspapers these days and you will read about the "loss of nerve", even "loss of faith", in free trade by economists. Many write about free trade in funereal overtones. Yet all this hype reminds...
Mahmudul HasanThe energy sector in the country, presently, is a source of worry for short, medium and long term planning. The state of the sector is causing serious concern both at the macro and micro levels of the economy. The...
Ripan Kumar BiswasA number of precious lives were lost in Myanmar following the recent crackdown on the anti-government protests against 45 years of military rule and growing economic hardship. The ruling military junta there clamped down on the protestors and...
THE submarine cable connection was expected to revolutionise the use of the computer in Bangladesh by much expanding its use and opening up of new fields of its applications and earnings from the same. It was thought that Internet connection...
In many parts of the Dhaka city, 'Bhangari shops (shops that deal in recyclable materials such as rags, broken glasses, waste paper, plastic containers etc) have been posing a serious threat to public health. Dirty and stinky waste materials collected...
William Astore It's time to save the military from itself. I say this as a retired Air Force officer who served for twenty years, my last three in a "joint" assignment, working closely with Army, Marine, and Navy officers and...
Praful Bidwai from New DelhiFaced with a pro-democracy popular upsurge in Burma, the Indian government first brazenly sided with the military junta. But it is now reluctantly revising its stand under international and domestic pressure, and trying to salvage what...
David Cronin from BrusselsOpening up trade between the European Union and Africa risks violating basic human rights, according to campaigners.Under a series of free trade deals, known as Economic Partnership Agreements (EPAs), governments from Africa, the Caribbean and Pacific (ACP)...
GENEVA, Oct 17 (AFP): Private equity funds are an increasing force among global investors but their short-term approach risks destabilising some developing countries, the United Nations trade and development agency said yesterday. Private equity funds were involved in 889 merger...
JOHANNESBURG, Oct 17 (AFP): Business leaders from Brazil, India and South Africa yesterday urged the governments of the emerging economic powerhouses to help accelerate already burgeoning levels of bilateral trade. Speaking at a seminar on the eve of a joint...
SYDNEY, Oct 17 (AFP): The Australian economy was likely entering a period of further sustained growth, according to a survey released today, supported by strong employment growth and business investment. The Westpac-Melbourne Institute leading index, which indicates the likely pace...
PARIS, Oct 17 (AFP): A reform drive at the International Monetary Fund should not benefit emerging market countries alone at the expense of poorer states, French Finance Minister Christine Lagarde insisted yesterday. "The poorest countries must not bear the cost...
VIENNA, Oct 17 (AFP): The powerful oil cartel OPEC expressed concern yesterday at the latest surge in oil prices, but insisted that the current record highs were not justified by the fundamentals. OPEC chief Abdalla Salem El-Badri said in a...
SYDNEY, Oct 17 (AFP): Drought and increased global demand are behind hikes in food prices, a leading Australian bank said today as it warned grocery bills could remain permanently higher. ANZ said recent price increases in staples reflected the temporary...
SHANGHAI, Oct 17 (AFP): China's 2007 trade surplus is likely to exceed 250 billion dollars while consumer inflation was likely to top four per cent, state media reported today, citing a central bank official. "The major problems China's economy is...
SINGAPORE, Oct 17 (AFP): The first Airbus A380 superjumbo was set to land in Singapore today as the countdown began for next week's maiden commercial flight of the biggest passenger airliner ever made. Decked out in the blue and gold...
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