Jon AltermanCONDOLEEZZA Rice, the US secretary of state, is bringing the wrong people together in Annapolis, near Washington, this month. Belatedly deciding that the time has come for the Bush administration to put energy and focus into Arab-Israeli peacemaking, her...
Kaushik BasuUntil a few years ago, the suggestion that India could grow as fast as China belonged to the same category as other incredible pronouncements by 'fact-proof' politicians. There was little by way of hard data to back up such...
Cecil Johnson Madame Tien, wife of former Indonesian President Suharto and partner to her husband in taking kickbacks, picked up the nickname ''Madame Tien Percent'' in business circles, writes longtime South Asia watcher Joe Studwell in his fascinating new book,...
Jonathan ManthorpeAsia's stellar economic growth in the last 40 years has produced serious and associated problems of socially divisive wealth disparity and dangerous levels of environmental degradation, says the director general of the Asian Development Bank.Speaking in Vancouver last week,...
Mohammed Tauheer, a poor office helper, fought back tears as he was shown the door at a police station where his sons were being questioned after a rescue operation for child workers."Believe me, they are my sons. Where are they...
Jane Perlez and David Rohde The government of Gen. Pervez Musharraf, the Pakistani president, making no concessions a day after seizing emergency powers, rounded up leading opposition figures and said Sunday that parliamentary elections could be delayed for as long...
JOHANNESBURG, Nov 9: (Reuters): A group of former world leaders including Nelson Mandela and Jimmy Carter has denounced Pakistan's President Pervez Musharraf for imposing emergency rule and suspending the constitution. Army chief Musharraf, who took power in a 1999 coup,...
YANGON, Nov 9 (Agencies): Detained Myanmar opposition head Aung San Suu Kyi is "very optimistic" about prospects of the U.N.-promoted process for reconciliation between the military government and pro-democracy forces, top members of her party said Friday. Three executive members...
ANAK KRAKATAU, (Indonesia) Nov 9 (Agencies): Sending a boom across the bay, the offspring of the fabled Krakatau volcano unleashes another mighty eruption, blasting smoke and red-hot rocks hundreds of feet into the sky. Even on its quiet side, the...
BANGALORE, (India), Nov 9(Agencies): A 2-year-old Indian girl born with four arms and four legs regained consciousness Friday, wiggled her toes and smiled at her parents, 48 hours after massive surgery removed the extra limbs, doctors said. Lakshmi, who has...
Lithuania nuclear plant shut down after short circuit VILNIUS, Nov 9: Lithuania's Soviet-built nuclear power station was shut down Thursday due to an electrical malfunction but there was no danger of any radiation, officials said. The Ignalina nuclear plant has...
Jasim Uddin Haroon Many businessmen have withheld their business expansion plans for the time being. They have, apparently, adopted the 'wait and see policy.' This is evident from the decline in capital machinery import and private sector credit in recent...
Doulot Akter MalaThe National Board of Revenue (NBR) has been intensifying its monitoring to prevent entry of imported products without pre-shipment inspection (PSI), sources said.They said the NBR has information about a number of products being imported without the PSI.The...
A Z M AnasThe Bangladesh Export Processing Zones Authority (BEPZA) is on the look-out for commercial funding to set up new industrial parks, as the government has thrown cold water on its proposal seeking public money to establish such ventures....
BNP (Saifur-Hafiz faction) Acting Secretary General Hafizuddin Ahmed said Friday neither any development will take place in the country, nor its law and order improve if the heads of law enforcers assist the corrupt persons, reports UNB."Three of the four...
ISLAMABAD, Nov 9 (Agencies): Pakistani police placed opposition leader Benazir Bhutto under house arrest Friday, uncoiling barbed wire in front of her Islamabad villa, and reportedly rounded up 5,000 of her supporters to block a mass protest against emergency rule.Meanwhile,...
FE ReportThe Asian Development Bank (ADB) has made a set of recommendations including removal of existing subsidies, reduction of systems' losses and enhancement of managerial capacity for the development of gas sector in Bangladesh.The country also needs to enhance the...
The government would install four more special judge's courts to quicken the trials of high-profile graft suspects, officials said, reports bdnews24.com. The planned courts would start working next week and the judges for the courts had also been finalised, the...
Imports increased by about 17 per cent to US$ 5,930 million during the first four months of the current fiscal year (FY) comparing that of the same period in the last FY. Letters of credit (L/Cs) opened during the July-October...
CHITTAGONG, Nov 9: Western Marine Shipyard Limited, a local shipbuilding enterprise, has received the National Maritime Award-2007 for its outstanding contribution to the country's shipbuilding industry. Shipping Adviser MA Matin handed over the award to the company's chief naval architect...
Yaba queen Jannatul Ferdous Akhi alias Nikita, her brother and parents were taken on three-day remand for Yaba connection. Nikita, her brother Moinuddin, father Abdun Noor and mother Saleha Begum were produced before the CMM court from the Dhaka Central...
FE ReportFarmers in the northern districts are facing scarcity of fertilisers and seeds, which may affect cultivation of Rabi crops and Boro paddy.They have said the problems will not only escalate the production costs of those food items but also...
Raihan M ChowdhuryBangladesh should move towards 'vertical integration', both backward and forward, to sustain its development achieved in the pharmaceutical industry, mainly attributable to large investments from the private sector.This integration is also needed to remain globally competitive, market operators...
The National Review Committee on Coal Policy, after a heated debate, Friday recommended setting up of permanent site office of the Environment Directorate in the adjoining areas of any coal mine, reports UNB.The committee, headed by former BUET Vice- chancellor...
FE Report The acute power supply problem is likely to continue even in winter season as its demand will further rise during the period mainly for irrigation purposes.Demand for power will stand at about 4800 megawatt (MW) during the winter...
Malaysian government may consider the lifting of embargo on fresh recruitment of Bangladeshi workers once problems recently caused by unscrupulous agents are resolved, reports UNB.Talking to the news agency at his residence Friday, Malaysian High Commissioner (HC) in Dhaka Abdul...
Raphael Minder, FT Syndication ServiceHONG KONG: The harvest season is in full swing in Shandong province in eastern China - and with it come bonfires. The fires, set by farmers burning stalks left over from corn and cotton harvests, are...
LONDON, Nov 9 (Reuters): Oil shrugged off US growth concerns to climb towards the $100 milestone Friday, fuelled by supply disruptions ahead of peak winter demand and tracking the dollar's dip to new lows. US crude for December delivery rose...
FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) bounced back in the week ending Thursday as institutions went for fresh buying.Insurance, bank and leasing companies led the rally in the week.Share prices of bank and insurance companies rallied...
A government report said that seven out of eight motor vehicles used in various government jobs between 2002 and 2006 were not deposited with the government transport pool, reports bdnews24.com. "Most of these vehicles are now being used in breach...
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