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Erratic behaviour on the roads

2007-11-13 00:00:00

MORE often we break the rules in the streets. One driving a vehicle or pulling a rickshaw does not hesitate to break the rules. We find a majority of vehicle drivers making the city traffic difficult and chaotic. As pedestrians...

Enrolling 'Biharis' as voters

2007-11-13 00:00:00

The Election Commission, reportedly, is planning to enroll non-Bengalis, popularly known as 'Biharis', in the new voter's list. The Biharis, who had opted for repatriation to Pakistan soon after the creation of independent Bangladesh, however, would not be enrolled as...

Tycoon with a gift for education

2007-11-13 00:00:00

Sumathi Bali STEPHEN Riady, president of the Lippo group of companies, does not wish to be just a businessman. The Indonesian entrepreneur, who oversees a conglomerate, including 10 publicly listed companies from Singapore to China, says he derives greater satisfaction...

Women in global labour maket

2007-11-13 00:00:00

Jugran BahugunaFor the first time, the number of women participating in labour markets is at its peak, with an estimated 1.2 billion of the 2.9 billion workers across the globe being women. But the good news ends just there. For...

TIB views on NGOs corruption

2007-11-13 00:00:00

Muhammad Quamrul IslamConcerned activists wish a comprehensive assessment of reports published in national dailies so as to convey our experiences for information and action. On November 2,2007. Dr. Huguette Labelle chair board of directors of Transparency International [TI] said the...

India Inc continues to grow strong in terms of expanding businesses across world

2007-11-13 00:00:00

NEW DELHI, Nov 12 (PTI): India Inc continues to grow strong in terms of expanding businesses across the world, but when it comes to cross-border transportation of goods, the country ranks below a number of other major economies such as...

Japan economy averting recession in Q3

2007-11-13 00:00:00

TOKYO, Nov 12 (AFP): Japan's economy is expected to have returned to positive growth in the third quarter, averting recession thanks to higher corporate investment and brisk exports to emerging markets, analysts say. The world's second-largest economy has been gradually...

World economy jeopardised by soaring oil prices

2007-11-13 00:00:00

ROME, Nov 12 (Xinhua): Italian Prime Minister Romano Prodi warned here yesterday that world economy is being jeopardised by soaring oil prices. "The price of crude oil has been doubled in 2007. The world economy is being jeopardised by high...

First S Korean bank subsidiary opes in China

2007-11-13 00:00:00

SEOUL, Nov 12 (AFP): Woori Bank said it set up a wholly-owned subsidiary in China today, the first such move by a South Korean lender, as part of its efforts to tap into the Asian banking market. The bank, South...

Labour fees to hit exporters in Bahrain

2007-11-13 00:00:00

DUBAI, Nov 12 (PTI): Many of Bahrain's key exporters and firms dependent largely on expat workers could suffer massive losses when the labour fees are introduced in the country, a study has revealed. "The country will also lose its competitive...

China's economic growth seen above 11pc in Q4

2007-11-13 00:00:00

SHANGHAI, Nov 12 (AFP): China's economic growth is likely to maintain a feverish pace of more than 11 percent in the fourth quarter, state media reported today, citing a government think tank. The economy is expected to expand 11.2 per...

Australia's central bank warns on inflation

2007-11-13 00:00:00

SYDNEY, Nov 12 (AFP): Australia's central bank today warned that inflation was likely to be higher than it hoped at 3.25 per cent in the final quarter of 2007, increasing the likelihood of further interest rate rises. The predicted figure...

Oil below $96 after OPEC comments

2007-11-13 00:00:00

SINGAPORE, Nov 12 (AFP): Oil prices fell by more than a dollar in Asian trade today after OPEC kingpin Saudi Arabia indicated the oil cartel will discuss raising output if the need arises, dealers said. In afternoon trade, New York's...

Dollar sinks to 18-month low below 110 yen

2007-11-13 00:00:00

TOKYO, Nov 12 (AFP): The dollar tumbled below the 110- yen level today for the first time in more than 18 months as growing jitters over the US subprime mortgage crisis sent investors fleeing for safe havens, dealers said. The...

Gold falls in Asia as euro declines versus dollar, oil drops

2007-11-13 00:00:00

Gold declined in Asia after the euro weakened against the US dollar for the first time in five days and crude oil prices fell. Silver also dropped, reports Bloomberg. The euro declined, after rallying against the dollar to a record...

'World oil market faces uncertain future'

2007-11-13 00:00:00

DUBAI, Nov 12 (PTI): With oil market experiencing a volatile trend, a cloud of uncertainty hangs over the market that is not good for either consuming countries or producers, a top oil official has said."High oil prices are good for...

World congress to debate on sustainable development of energy

2007-11-13 00:00:00

ROME, Nov 12 (Xinhua): The World Energy Congress, which was kicked off here in Rome of Italy yesterday, is to debate on the sustainable development and the prospects of the energy industry. The conference, organised by the World Energy Council...

Indian inflation reined in due to tight monetary policy

2007-11-13 00:00:00

COLOMBO, Nov 12 (PTI): Expressing satisfaction over the fall in inflation in India which has reached a five-year low at under three per cent, Finance Minister P Chidambaram yesterday attributed it to a tight monetary policy. "Inflation has been tamed...

Singapore to step up energy industry investment

2007-11-13 00:00:00

SINGAPORE, Nov. 12 (/Xinhua): Singapore has been striving to develop its energy industry in recent years, aiming to increase the value-added of the energy sector from current 20 billion to 34 billion Singapore dollars (about from 13.8 billion to 23.4...

Crisis of container handling equipment at Ctg port to continue upto June

2007-11-13 00:00:00

From Fakhrul AlamChittagong, Nov 12: Crisis of the container handling equipments at Chittagong Port is likely to continue up to June 2008. Meanwhile, the procurement of 12 straddle carriers and 6 vacant container handlers is underway, CPA sources said.Export and...

National Bank opens branch at Gaibandha

2007-11-13 00:00:00

FE ReportThe 99th branch of National Bank Limited (NBL) has been opened at Gaibandha recently. Chairperson of the bank Parveen Haque Sikder formally inaugurated the branch as the chief guest. A discussion meeting was held on the occasion.The chairperson, in...

Country's forex reserve stands at $5.02b after payment to ACU

2007-11-13 00:00:00

FE Report Bangladesh paid over US$462 million to the Asian Clearing Union (ACU) on account of imports pushing the country's foreign exchange reserve to $5.02 billion Monday, official sources said. The Bangladesh Bank (BB) remitted the fund to the ACU...

EXIM Bank holds workshop on management skills

2007-11-13 00:00:00

FE ReportA day-long workshop on 'Management Skills for Bankers' was held at EXIM Bank Training Institute in the city recently.EXIM Bank Managing Director Kazi Masihur Rahman inaugurated the workshop as the chief guest.A total of 30 officials from different branches...

Rupali Bank holds training courses for officers

2007-11-13 00:00:00

FE ReportRupali Bank Training Institute organised three training courses for the officers of the bank in the city.The courses are Computer System in Bank, International Trade and Foreign Exchange, and Branch Management. Deputy Managing Director of the bank Md Joynal...

Thrust on increasing GDP to 7.5pc

2007-11-13 00:00:00

Our CorrespondentCHITTAGONG, Nov 12: Bangladesh is likely to emerge as a middle income country by the year 2016 if annual GDP growth rate is upgraded to 7 and a half per cent per annum. Proper implementation of the first generation...

Bee farming gaining popularity

2007-11-13 00:00:00

Our CorrespondentRANGPUR, Nov 12: Bee farming is gaining popularity in Dinajpur, Thakurgaon Panchogarh and other parts of Rangpur district, sources said.According to sources many farmers have been involved in this profession as it is more lucrative than agricultureOfficial sources of...

Asian markets fall

2007-11-13 00:00:00

TOKYO, Nov 12 (AP): Asian markets fell sharply Monday after Wall Street declined at the end of last week on renewed concerns about US mortgage problems. European markets, however, were mixed in early morning trade. "Basically, the subprime loan issue...

High prices encouraging farmers

2007-11-13 00:00:00

Our CorrespondentBOGRA, Nov 12: High price are inspiring the farmers of Bogra to bring more agricultural land under chilli cultivation. As a result nearly double the area of the target came under chilli cultivation this year and a bumper production...

European shares give up gains

2007-11-13 00:00:00

LONDON, Nov 12 (Reuters): European shares surrendered gains to turn negative by mid-morning Monday as oil shares tracked a fall in crude from record highs and US stock futures drifted lower, offsetting a rally in banks and merger talk in...

Sonali Bank holds branch managers’ confce

2007-11-13 00:00:00

Our CorrespondentBRAHMANBARIA, Nov 12: Sonali Bank arranged a day-long branch managers conference 2007 on "Prevention of Money Laundering" and for providing people-oriented services to clients with a view to achieving further success of the bank.An assessment meeting was also held...