The Rapid Action Battalion seized up to 400 bottles of alcoholic beverages in an overnight raid on the home of a Purbani Hotel director in Dhanmondi early Tuesday as the elite force widened its search for his girlfriend with links...
THE volume of remittance money sent by the Bangladeshi expatriates has been increasing at a faster rate in the recent years and it soared to US dollar 6.0 billion in the last fiscal year from a paltry amount of US...
Moazzem HossainTHE import bill on account of crude petroleum and petroleum products will record a further surge in fiscal 2007-08 as oil prices continue to soar in the global market. The international oil market remains overheated. Prices thereof have already...
David PillingJAPAN'S parliament has begun an intense debate about the merits of a bill to extend the country's refuelling operations in the Indian Ocean, Tokyo's contribution to the US-led "war against terrorism" in Afghanistan.But what they will really be discussing...
Sadeque AliWHILE the laws in Bangladesh seek to ensure the subservience or adherence of countrymen to them, a serious and unavoidable question remains whether the government and the legal system here adequately uphold the natural, legal and constitutional rights of...
IT is important to create newer schemes of investment, other than the ones operated by the government, to attract the potential investors with the surplus. It is unfortunate that the savers, in many cases, fail to find the merit of...
ACCORDING to newspaper reports some authorised filling stations in and around Dhaka city and other areas of the country are engaged in selling adulterated fuel for higher profits. That's why vehicles, in increasing numbers are, turning up to repair shops...
NEWSPAPERS reported that some merchants of death consider it a good business to collect used syringes and needles at little or no price, wrap them in fresh packages and sell those for use. The reputed hospitals probably take care not...
Chalmers JohnsonTHIS is not the place to attempt a comprehensive review of Holmes' detailed critiques. For that, one should buy and read his book. Let me instead dwell on three themes that I think illustrate his insight and originality. Holmes...
Marwaan Macan-Markar from BangkokWhile they welcome the return of a U.N. human rights envoy to Burma, political exiles from the country are asking pointed questions such as who stands to gain most from the high-profile visit. The concerns of groups...
Celestine BohlenSlapping a coat of paint on the pedestal of a bust of Lenin in a provincial Russian town may not be much of a job. Kuram, 49, says it beats making the equivalent of $16 a month back home...
NANNING, Oct 29 (Xinhua): Bilateral trade and economic ties between China and the Association of Southeast Asian Nations, or ASEAN, has entered a new phase, with the establishment of the strategic partnership between the two, Chinese Vice Premier Zeng Peiyan...
FE ReportA two-week training course on Basics of Banking Operation for the officials of Jamuna Bank has started in the city recently.Jamuna bank Training Institute has organised the training, said a press release. The training will conclude on November 8.Managing...
TOKYO, Oct 29 (AFP): Japanese megabank Mitsubishi UFJ Financial Group (MUFG) said today that its losses on US subprime loans soared by as much as six-fold over two months to 263 million dollars. MUFG said in August that losses on...
CHICAGO, Oct 29 (AFP): Fifty years after the first Japanese car coughed its way up the Hollywood Hills, it's hard to imagine a time when the Big Three US automakers sold 95 per cent of the cars on the road....
NEW DELHI, Oct 29 (AFP): India's Muslims and low-caste Hindus have a harder time landing jobs and die younger than high- caste Hindus, even when they have similar educations and incomes, new studies have found. A Dalit, a member of...
MUMBAI, Oct 29 (AFP): US Treasury Secretary Henry Paulson today urged India's policy makers to avoid curbs on foreign investment into the financial markets as they could hurt efficiency and become ineffective. "We understand that Indian officials are concerned that...
Malaysia launches 33-billion-dollar development plan KUALA TERENGGANU, Malaysia, Oct 29 (AFP): Prime Minister Abdullah Ahmad Badawi today launched a 33.2-billion- dollar economic plan aimed at boosting growth and reducing poverty in Malaysia's rural east. The East Coast Economic Corridor (ECER)...
SYDNEY, Oct 29 (Reuters): Oil leapt to a record high for a third day today, as a brief halt to one-fifth of Mexico's production added fuel to a rally driven by a stand-off between Turkey and Kurdish rebels, a weak...
TOKYO, Oct 29 (AFP): The dollar sank to a new record low against the euro in Asian trade today as market players grew increasingly confident about the prospect of another US interest rate cut this week, analysts said. The euro...
BEIJING, Oct. 29 (Xinhua):In a bid to ensure a good and fast development of the national economy, China need adjust the national income distribution pattern, said Li Yang, head of the Financial Research Institute of the China Academy of Social...
NEW DELHI, Oct 29 (PTI): While tomato prices continue to pinch Indian consumers' pockets, the exports from the country have helped reduce rates of the commodity by more than half in neighbouring Pakistan in the last ten days. According to...
LONDON, Oct 29 (AFP): Some countries may have to implement retail price controls on food in the near future because of rising prices for consumers, the UN's food chief said in an interview published today. Speaking to the Financial Times,...
BEIJING, Oct 29 (Reuters): China has stepped up its conservation drive with a law that makes officials' career prospects dependent in part on their energy-saving efforts, the Xinhua news agency said. The country's top legislature approved yesterday a series of...
Country's state-run banks' term loan financing is on the decline, while the private banks have been consolidating their position in the business, reports bdnews24.com."This is not a positive sign. It seems that the state-run banks' operating incomes are declining in...
FE Report A signing ceremony following the Master Facility Agreement between the Bangladesh Bank (BB) and Dhaka Bank for participation in the 'Investment Promotion and Financing Facility (IPFF)' was held in the city Thursday, said a press release.The International Development...
Potential Japanese investors are watching carefully the situation in Bangladesh as they always think of a long-term perspective on their investment, Japanese Ambassador Masayuki Inoue said, as the country was now at a crossroads, reports UNB."Direct investment from Japan to...
FE ReportManaging Director (MD) of BASIC Bank Ltd AH Ekbal Hossain has stressed the need for migration to Basel II to face future challenges and to uphold international best practices. He has also asked the officials to gain appropriate knowledge...
Our CorrespondentCHITTAGONG, Oct 29: No effective step to rehabilitating over 25 thousand hawkers of the city by any concerned quarter is yet in sight. On availing the provisional chance of sitting over the footpaths before Eid-ul-Fitr, these hawkers have again...
FE ReportMuhammad Ali has been appointed as managing director (MD) of Shahjalal Islami Bank Ltd recently, said a press release..Prior to this, he worked as MD (current charge) of the bank since August 1, 2007. Ali joined Shahjalal Islami Bank...
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