Shamsul Huq Zahid IT is a welcome development that the taskforce of the national coordination committee on serious crimes has started investigation into corruption and other irregularities in Zia International Airport, Chittagong Port Authority and Customs, Dhaka City Corporation (DCC),...
Martin WolfSMALL earthquake: few hurt. This is what the International Monetary Fund is saying in its latest World Economic Outlook: world output grew 5.4 per cent last year and will grow 5.2 per cent this year and 4.8 per cent...
Ferdous AlamGovernment leaders time and again emphasise in their statements that many with the ability to pay are not paying taxes or paying less than they should. But this is only one side of the picture. The other side shows...
EVEN the importers of energy drinks and similar products can claim that they are contributing to value addition since their efforts involve marketing and distribution. However, it is questionable whether such activities are consistent with the goals of appropriate economic...
WHAT can we say? Pakistan's 9/11, Benazir Bhutto's suicide welcome or invulnerable attack against global democracy.Bhutto escaped unhurt from the twin bllasts that killed 136 people and wounded hundreds so far.Bhutto certainly doesn't have to look very hard to find...
FRANKFURT, Oct 28 (AFP): Germany's fractious coalition government has an issue both sides agree on-the need to protect key industries, the country's crown jewels, from hostile foreign takeovers. Several initiatives were floated last week that aimed to head off investors...
BEIJING, Oct 28 (AFP): China's government may have high- profile political and strategic reasons for seeking closer ties with Africa, but its companies are on the continent mostly for the money, analysts say. A case in point is the move...
DUBAI, Oct 28 (PTI): India and Oman will sign a Memorandum of Understanding on labour, employment, and man power in December, according to Minister of Overseas Indian Affairs Vayalar Ravi. An Indian delegation had visited Muscat last month at the...
NEW DELHI, Oct 28 (PTI): At a time when India is faced with a "false" Non-Governmental Organisation campaign on child labour and human rights violation by its industry, WTO chief Pascal Lamy has said environment is linked with the multilateral...
CAPE TOWN, Oct 28 (AFP): As South Africa's economic growth slows and inflation heats up, Finance Minister Trevor Manuel will present a medium-term budget Tuesday with decidedly less to smile about than six months ago. While analysts expect Manuel to...
NEW DELHI, Oct 28 (PTI): Hyundai Motors, the largest car exporter from India, is aiming to more than double its overseas shipments to three lakh units by next year, for which it is venturing into new non-European markets. "In line...
JAKARTA, Oct 28 (AFP): Indonesia has brushed aside fears of graft and disaster to pursue plans to build the world's largest suspension bridge-in one of the most earthquake-prone areas on earth. The planned Sunda Strait bridge will cross at least...
HONG KONG, Oct 28 (AFP): Despite a disastrous inaugural flight, Oasis Airlines, the world's first long-haul budget operator, is packing in flyers one year later. And the couple who founded the Hong Kong upstart believe a mix of excellent customer...
NEW DELHI, Oct 28 (PTI): Driven by robust growth in India and China, share of emerging markets in the global pharmaceutical industry has more than doubled to 32 billion dollar in 2006 from 15 billion dollar in 2001, a report...
FE ReportA periodical review meeting of the branch managers of Social Investment Bank Limited (SIBL) was held at its head office in the city Saturday. SIBL Managing Director KM Ashaduzzaman presided over the conference while the bank's Chairman Abdul Awal...
BEIJING, Oct 28 (AFP): Record world oil prices are forcing Chinese petrol stations to close temporarily due to lack of supplies, state media said today. Petrol stations were reported closing in the southern provinces of Guangdong and Fujian and in...
KUALA LUMPUR, Oct 28 (AFP): Malaysia's economy is riding high on a commodities boom, but public anger over rising prices and a looming US slowdown could spell trouble for the government as it heads towards elections. Prime Minister Abdullah Ahmad...
HANOI, Oct 28 (AFP): Vietnam's blistering economic growth is attracting foreign investors, but the boom is proving costly for households, which face big rises in the price of basic products such as rice. Consumer prices rose 9.34 per cent year-on-year...
RIGA, Oct 28 (AFP): With real estate prices having risen 500 per cent since 2002, Latvia has long been an investment hot- spot where the sector has outstripped its counterparts in EU member states. But the Baltic state's property firms...
ICAB President M Farhad Hussain left Dhaka for Geneva, Switzerland to attend a technical workshop on 'Financial Reporting and Transparency in the Extractive Industries' to be held Monday. He will also attend the 24th session of the UNCTAD ISAR meeting...
NANNING, Oct 28 (Xinhua): China keeps close ties with six members of the Association of Southeast Asian Nations (ASEAN) in the trade of agricultural products, with both import and export of the products accounting for more than 90 per cent...
Chief Adviser (CA) Fakhruddin Ahmed Sunday called for making all out efforts to increase existing trade volume between Bangladesh and Bhutan for the mutual benefit, reports BSS. Tremendous potential of raising bilateral trade between the two countries existed and it...
FE ReportAn agreement on 'instant cash service' was signed recently between Islami Bank Bangladesh Limited (IBBL) and Oman Exchange Company (OEC) of Kuwait.The signing ceremony was held at the head office of OEC in Kuwait. IBBL international banking wing senior...
FE ReportSpeakers stressed the need for providing trainings on modern design and effective means of marketing their products to the Benarasi-weaving community.The speakers said this at the inaugural programme of a two-day workshop in the city Sunday.Women for Women, a...
FE Report The government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day, 182-day and...
Fakhrul AlamCHITTAGONG, Oct 28: Theft of railway sleepers, E-clip, diesel and other costly equipment from the rail tract of different areas of Chittagong has become rampant and as a result train movement on different routes including Dhaka-Chittagong has become very...
FE ReportAn emergency general meeting (EGM) of the shareholders of IFIC Bank was held at a city hotel Thursday.The EGM was also followed by the 27th, 28th, 29th and 30th annual general meetings (AGMs) of the shareholders for the years...
RANGPUR, Oct 28 (BSS): Senior bankers here asked the branch managers of Agrani Bank in the northern region for providing the best and pro-people services to the clients to achieve further success of the bank.They also suggested that the bankers...
FE ReportExecutives and officers of the NCC Bank Limited have been urged to ensure efficient and personalised service to the clients and develop professional knowledge and skill at all level.Chairman of the bank Tofazzal Hossain made the appeal while speaking...
Our CorrespondentNILPHAMARI, Oct 28: Due to unprecedented price hike of gold and silvers, goldsmiths in the district are passing hard time, according to sources.There are about 400 goldsmiths across the district and about 1,000 workers are engaged in the industry....
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