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Pakistan HC hands over wheat-shipping documents to Foreign Adviser

2007-09-21 00:00:00

Pakistan High Commissio-ner (HC) in Bangladesh Alamgir Babar handed over shipping documents for 10,000 tonnes of wheat to Foreign Adviser Iftekhar Ahmed Chowdhury in his office in the city Thursday, reports UNB.This shipment is a gift from the government and...

Bangladeshi farmer killed by BSF

2007-09-21 00:00:00

CHUADANGA, Sept 20 (UNB): A Bangladeshi farmer was shot dead by Indian Border Security Force (BSF) at Medenipur frontier village under Jibonnagar Upazila Wednesday night.Villagers said while Shafiqul Islam (30), was guarding his aubergine field, BSF troops of Kutikhali outpost...

Mob lynched mugger in the city

2007-09-21 00:00:00

Mob lynched a suspected mugger at Rajarbagh in the city Thursday, reports UNB. The victim was identified as Ainal (26). Locals caught Ainal at about 12:00 noon while he was snatching valuables from a man. He was beaten black and...

British Council to hold workshop for young writers

2007-09-21 00:00:00

FE ReportBritish Council (BC) is going to organise a creative writing workshop for young writers under its central and South Asia regional project, New Silk Route.BC is looking for 20 emerging creative writers (writing in English language), between the ages...

USA-Turkey co to invest $5.548m in Adamjee EPZ

2007-09-20 00:00:00

A USA-Turkey company is going to invest US$ 5.548 million to set up a garments accessories manufacturing industry in the Adamjee Export Processing Zone, reports UNB.Hundred per cent foreign owned company, r-Pac Bangladesh Packaging Co Ltd, will produce barcode, price...

Asian stocks rise most in a month on Fed rate cut, Toyota gains

2007-09-20 00:00:00

TOKYO, Sept. 19 (Bloomberg): Asian stocks climbed the most in a month after the U.S. Federal Reserve cut its benchmark lending rate by half a per centage point to bolster growth in the world's largest economy. Toyota Motor Corp. climbed...

CCCI organises training on Basic PC, Internet

2007-09-20 00:00:00

Our CorrespondentCHITTAGONG, Sept 19: A four-month long computer training on 'Basic PC and Internet', jointly organised by the Chittagong Chamber of Commerce and Industry (CCCI) and South Asia Enterprise Development Facility (SEDF) Knowledge Centre in the port city, concluded Monday.CCCI...

European stocks rally on Fed cut, UBS, Lloyds TSB, BHP rise

2007-09-20 00:00:00

LONDON, Sept 19 (Bloomberg): European stocks climbed the most in more than a year after the Federal Reserve lowered its benchmark lending rate by half a per centage point to keep the world's largest economy growing. UBS AG, Deutsche Bank...

BSFF organises workshop on role of shrimp industry

2007-09-20 00:00:00

FE ReportBangladesh Shrimp and Fish Foundation (BSFF), Bangladesh Frozen Foods Exporters' Association and Department of Fisheries jointly organised a workshop titled 'Crucial Economic Role of the Shrimp Industry' for economic journalists in the city recently. Chairman of BSFF Syed Mahmudul...

Macroeconomic stability to continue in Cambodia

2007-09-20 00:00:00

PHNOM PENH, Sept 19 (Xinhua): A visiting delegation from the International Monetary Fund (IMF) has praised on Cambodia's sound economic progress, predicting that the economy will grow by 7.75 per cent next year on the back of continued expansion in...

Itrat Husain new ICSMB president

2007-09-20 00:00:00

FE ReportThe Council of the Institute of Chartered Secretaries and Managers of Bangladesh (ICSMB) has elected Itrat Husain president for the 2007-2008 term in its 100th meeting held in the city recently.Husain is one of the fellow and founder members...

Tk 3.5b revenue earned thru' Teknaf landport in 12 years

2007-09-20 00:00:00

Our CorrespondentCHITTAGONG, Sept 19: On completion of long 12 years of border trade through Teknaf between Bangladesh and Myanmar beginning from the year 1995, around Tk. 3.50 billion (350 crore) was earned as revenue during the period, concerned sources said.The...

$102.26m WB credit to help improve nat'l water resources management

2007-09-20 00:00:00

FE Report The World Bank (WB) has approved a US$102.26 million credit to support Bangladesh government's efforts to improve national water resources management, said a WB press release. The WB approved the loan in Washington DC Tuesday for the Water...

Training on private sector infrastructure guidelines held in city

2007-09-20 00:00:00

FE ReportA two-day training on 'Bangladesh Private Sector Infrastructure Guidelines' was held at Bangladesh Bank (BB) Training Academy in the city on September 5-6.The programme, organised by Board of Investment (BoI), was sponsored by BB IPFF Cell, and facilitated by...

Workshop on New Capital Accord-Basel II begins

2007-09-20 00:00:00

FE Report A two-day workshop on New Capital Accord (Basel II) began in the city Wednesday.Education Excellence, a new generation consulting, education and communication firm, organised the workshop at Brac Centre Inn in Mohakhali.Northern University Vice-Chancellor M Shamsul Haque inaugurated...

Best airline awards introduced

2007-09-20 00:00:00

FE ReportThe Bangladesh Monitor has decided to introduce 'Airline of the Year' awards for the first time in the country, to be decided on frequent travellers' poll.The awards have been introduced to assess the popularity of the airlines in the...

Lagging disbursement of agricultural loans

2007-09-20 00:00:00

ALTHOUGH the government was found quite well aware of the need to disburse agricultural loans in significantly higher amounts following the flood to aid in agriculture's recovery, the right policy decision appears to be getting frustrated at the implementation stage...

Sabotage against garments industries

2007-09-20 00:00:00

Enayet RasulTHE garments industries in Bangladesh which have been thriving and earning from exports well above the projections of the Export Promotion Bureau (EPB) in recent years, has suddenly slumped in the current year. The growth appears to have declined...

EU to suspend grain limits to boost cereals

2007-09-20 00:00:00

Andrew Bounds in Brussels and Javier Blas in Vienna EUROPE reacted to soaring cereal prices lately by seeking to boost output through scrapping limits on grain production imposed 15 years ago.The European Commission said it would suspend for at least...

Editors given jail term for defaming Mubarak

2007-09-20 00:00:00

Andrew EnglandAN Egyptian court has sentenced four newspaper editors to a year in prison for defaming Hosni Mubarak, the president, and his son Gamal.The judgment is seen as a setback for press freedom in Egypt, which has increased in recent...

Human resource investment

2007-09-20 00:00:00

THE budgetary allocations of the government during the last fifteen years or so showed a preference for the social sectors such as education, health and allied ones. Greater resources have certainly flowed into these sectors in a bid to developing...

Addressing traffic problem

2007-09-20 00:00:00

NO doubt, the main challenge for the present government is to reduce the extent of corruption to a tolerable limit before holding an acceptable election. At the same time, it has been facing yet another challenge of reining in the...

What can Bangladesh learn from Malaysia's resounding success?

2007-09-20 00:00:00

Dr. Momtaz Uddin AhmedTHE success story of Malaysian economic development is a well rehearsal in the development literature and bears no repetition. A country heavily dependent on agriculture and primary commodities in 1960s has emerged as a modern export-driven economy...

Millennium development goals and Ananda School project

2007-09-20 00:00:00

Anjuman Ara ArjuMUBARAK Mia, a snake-charmer in his mid-40s, encashed a cheque from a Sonali Bank branch using his fingerprint. He knows how to catch a snake, a tough and risky job indeed. But he cannot write his own name,...

Asia's economic growth prospects to get strong boost from hefty US rate cut

2007-09-20 00:00:00

Manila, Sept 19 (AFP): Asia's economic growth prospects will get a strong boost from the US Federal Reserve's hefty cut in interest rates, Asian Development Bank president Haruhiko Kuroda said today. "The latest decision by the US Federal Reserve would...

India wants open, rule-based system of world trade: Chidambaram

2007-09-20 00:00:00

BERLIN, Sept 19 (PTI): Blunty telling the developed world India does not seek charity, Finance Minister P. Chidambaram yesterday said the country only wanted an open, rule-based system of world trade and open markets. In the backdrop of the current...

Global free trade deal still uncertain: Lamy

2007-09-20 00:00:00

MANILA, Sept 19 (AFP): A global free trade deal nearly six years in the making is not a certainty this year or next despite a convergence of positions by key countries and blocs, World Trade Organisation (WTO) chief Pascal Lamy...

Palestine needs $1.62b in annual foreign aid to close deficit: WB

2007-09-20 00:00:00

RAMALLAH, West Bank, Sept 19 (AFP): The Palestinian economy remains crippled seven years after the outbreak of the intifada and needs 1.62 billion dollars in annual foreign aid to close the deficit, the World Bank said in a report obtained...

Expansion of edn has had a positive impact on economies: OECD

2007-09-20 00:00:00

BERLIN, Sept 19 (AFP): The positive economic effects of an increasing number of university graduates can trickle down to the less well-qualified, according to a major report on education by the Organisation for Economic Cooperation and Development (OECD) released yesterday.University...

China waives Mauritanian debt

2007-09-20 00:00:00

NOUAKCHOTT, Sept 19 (AFP): China has waived 44 million euros (61 million dollars) owed by Mauritania, Africa's newest producer of crude oil, the domestic news agency AMI reported yesterday. The amount encompasses six interest-free loans and Beijing took the step...