Country's food security seems to be under serious threat, both in short and long terms. Two consecutive floods in the months of July and August this year, disruptions in the supply of farm inputs, including fertilisers, seeds and diesel, have...
Shahiduzzaman KhanFood and Disaster Management Adviser Tapan Chowdhury has given the people an avowed assurance that the prices of rice would come down after the next Boro harvest, which government estimates say is going to have a bumper production. He...
Farhan Bokhari and Quentin PeelSHARES on the Karachi stock exchange, the Pakistani military regime's main economic showpiece, fell more than 4.0 per cent in the wake of the imposition of emergency rule.The fall prompted worries over the future of investments...
M A SamadTHE ultra conservatives in almost all settings have their very narrow view of the world. Besides, they also suffer perhaps from an excess of self-esteem and righteousness. The world view of such orthodox elements are too inflexible, too...
There are many determinants of foreign direct investments (FDIs) such as a positive macro-economic environment, sound state of infrastructures, easily trainable workers, good terms and conditions for repatriation of capital and profit by the investors, etc. Bangladesh is not lacking...
Seth Lubove“Sweet'' Alice Harris can't heap enough praise on Los Angeles billionaire Ronald Burkle. The founder of investment firm Yucaipa Cos., Burkle made his fortune in the grocery business and opened the first supermarket in the gritty Watts neighborhood long...
Brian FaleDemocratic lawmakers, ignoring a veto threat, will try to force President George W. Bush to approve an increase in domestic spending by combining it with legislation funding military construction and veterans' programs. Lawmakers said they will merge the appropriations...
GENEVA, Nov 10 (AFP): China has threatened to veto any proposals on cutting customs tariffs on industrial goods at the World Trade Organisation (WTO) if its requests are not met, trade sources said yesterday. During a meeting of the negotiating...
NEW YORK, Nov 10 (Reuters): US consumer sentiment tumbled in early November to its lowest since the grim aftermath of Hurricane Katrina, overshadowing a favourable report yesterday that booming exports trimmed the trade deficit to its slimmest since May 2005....
BRUSSELS, Nov 10 (Xinhua): The European economy was set to grow at a slower pace in the next two years as the financial turmoil and hiking oil prices began to bite, the European Commission said yesterday. In an economic forecast...
WASHINGTON, Nov 10 (AFP): The United States and the European Union joined forces yesterday in a bid to "convince" China that it would be in its best interest to abide by the rules of international trade. The China "challenge" was...
KATHMANDU, Nov 10 (Xinhua): The number of Nepali workers leaving for overseas jobs went up by a whopping 26 per cent in the first three months of the current fiscal year starting in mid-July, as compared to the same period...
DUBAI, Nov 10 (PTI): In perhaps the longest such stir in the UAE, nearly 40,000 construction workers, a majority of them Indians, are on strike for the last eight days demanding better salaries and living conditions. The workers employed with...
LONDON, Nov 10 (AFP): Crude oil prices struck new historic heights this week, surging above 98 dollars a barrel for the first time, on fears of tight energy supplies in the United States, the world's biggest energy user. Gold futures...
NEW YORK, Nov 10 (AFP): The euro held steady against the dollar here yesterday as fears about the depth of a credit crunch sent investors fleeing for traditional safe havens, strengthening the greenback and the yen. The euro had jumped...
NEW YORK/LONDON, Nov 10 (Reuters): Oil and gold both lost momentum yesterday, as they digested the week's volatility on their respective treks to all-time and 28-year peaks, but supply worries for oil, inflation fears for gold, and dollar weakness should...
BRUSSELS, Nov 10 (AFP): The EU Commission yesterday proposed keeping the bloc's cotton growers' subsidy scheme, largely de- linking aid from production, that Europe's highest court contested last year after a Spanish complaint. Under the system, most EU aid, 65...
KUALA LUMPUR, Nov 10 (PTI): Malaysian Premier Abdullah Badwai Friday said the government will have to restructure energy subsidies, signaling that Malaysians may soon have to brace up for a hike in petrol prices. Abdullah told his party delegates that...
FE ReportA seminar titled 'Staying on the Right Side of the Law with Software Asset Management' was held recently at Dhaka Sheraton Hotel, with the patronage of the Business Software Alliance (BSA), an organisation dedicated to promoting a safe and...
FE ReportThe Honkong and Shanghai Banking Corporation (HSBC) Ltd, Bangladesh has distributed prizes to the winners of the HSBC Select Quiz Competition at a simple ceremony in the city recently.The grand prize winner, who successfully answered the three questions correctly,...
Our CorrespondentCHITTAGONG, Nov 10 : Chittagong City Corporation (CCC) will accord permission for installing over five thousand billboards and signboards afresh at different places of the port city, CCC sources said.The task of installing the same is now under process...
BRAC Bank will provide financial assistance to the Dhaka Hospital, popularly known as 'Cholera Hospital', for necessary renovation of its semi-permanent shed, reports UNB. To this effect, a memorandum of understanding (MoU) will be signed between ICDDR'B and BRAC Bank...
COMILLA, Nov 10 (UNB): The four state-owned banks have filed 7,706 certificate cases against defaulters in different upazilas of the district to realise Tk 282 million outstanding loans.Of the total, Sonali Bank filed 259 cases to realise Tk 5.63 million,...
FE ReportMd Yeasin Ali, a veteran banker of the country, has been reappointed managing director (MD) of Dutch-Bangla Bank Ltd (DBBL for another two years with effect from November 10, 2007.Prior to joining DBBL, Yeasin Ali served in Bangladesh Krishi...
Oman's business leaders Saturday said they are interested in importing medicines, T-shirts, cosmetics and readymade garments from Bangladesh, aiming to strengthen the friendly relations between the two Muslim countries, reports UNB. Members of Oman Chambers of Commerce and Industry (OCCI)...
FE Reportbanglalink, a mobile phone company of the country, has taken an initiative to provide Hajj pilgrims with pure drinking water, necessary medicines, free phone kiosks and buses for shuttle services (airport drop service for Hajj pilgrims).As part of corporate...
Sarwar Zahan US dollar weakened against Bangladesh taka (BDT) last week with steady demand for the greenback, fund managers said. Taka appeared to be slightly appreciated, as the central bank sold dollar to improve supply position and ease pressure on...
FE ReportBranch managers of Agrani Bank have been urged to come forward with dedication for earning more profit particularly from foreign exchange business. Chairman of the board of directors of the bank and former secretary of the Ministry of Finance...
FE ReportTargeting to tap huge market potentiality of Bangladeshi products, Dhaka International Exhibition Company (DIEC) in association with the Bangladesh embassy in Bahrain will organise an eight-day trade fair there from January 22, 2008. The fair will be held at...
Our CorrespondentCHITTAGONG, Nov 10: A huge quantity of adulterated ghee was recovered by the Rapid Action Battalion from Bakalia Razakhali area in the city and six persons were arrested in this connection.According to the concerned sources, on receiving secret information,...
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