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Tourism industry struggles to fulfil its potential

2007-10-08 00:00:00

Amy Kazmin ON its website, Diethelm Travel describes Burma as "truly the land that time forgot". It raves that Burma's three decades of "self-imposed isolation" have left a land of "unspoiled beauty and tranquillity" and an "emerald green" countryside where...

Reform vital state institutions

2007-10-08 00:00:00

No elected government in the last decade and a half can claim complete or near control honesty and high character in preserving the character of vital state institutions. All of them had tampered with them in their bids to leave...

Freedom of thought and expression

2007-10-08 00:00:00

MANKIND has progressed in all spheres in the last century like never before in human history. Progress in some areas has been questionable or remain controversial. But there is no disagreement in sensible quarters that the driving force of this...

International migration and national development

2007-10-08 00:00:00

Hasan MahmudBANGLADESH has started attracting the attention of both the international media and academic community concerned with development now-a-days, particularly for a steadily increasing flow of remittances. In the previous economic year, Bangladesh has earned approximately $6.0 billion of remittances...

Global glacier decline and flood

2007-10-08 00:00:00

Tarequl Islam MunnaGLACIERS are ancient rivers of compressed snow that creep through the landscape, shaping the planet's surface. They are the Earth's largest freshwater reservoir, collectively covering an area the size of South America. Glaciers have been retreating worldwide since...

Eurozone to prepare tougher line for G7 meeting

2007-10-08 00:00:00

BRUSSELS, Oct 7 (AFP): The euro's recent record strength will be in focus Monday when finance ministers from the 13-nation Eurozone meet in Luxembourg to hammer out a joint message to take to an upcoming Group of Seven (G7) meeting....

China reaches midway of industrialisation

2007-10-08 00:00:00

BEIJING, Oct 7 (PTI): China, dubbed as "world's factory", has reached the midway of industrialisation while realising fast and steady economic growth, a report here claimed. Over the past five years the nation's industrial economy has been developing in a...

Lamy to renew efforts for reaching breakthrough in stalled trade talks

2007-10-08 00:00:00

NEW DELHI, Oct 7 (PTI): Commerce Minister Kamal Nath and US Trade Representative Susan Schwab will meet in London next week at the behest of World Trade Organisation (WTO) chief Pascal Lamy to renew efforts for reaching a breakthrough in...

'Made in India' rising to challenge China

2007-10-08 00:00:00

NEW DELHI, Oct 7 (AFP): "Made in India" could be the next big economic story with the country challenging China's position as the leading global manufacturing hub within five years, says a new report. Right now China is the favourite...

Child labour rampant in India despite one year of ban

2007-10-08 00:00:00

NEW DELHI, Oct 7 (PTI): They still mop floors in bungalows of posh colonies and middle-class residences. They still serve at roadside eateries. And worse, their presence in hazardous occupations only seems to grow bigger and bigger. One year after...

Poverty looms as threat to Myanmar junta

2007-10-08 00:00:00

BANGKOK, Oct 7 (AFP): For now the streets of Yangon are quiet after Myanmar's bloody crackdown on protesters, but simmering public discontent over crushing poverty is likely to spark more civil unrest, experts say. The sharp fuel price hike that...

Oil prices slide further from record heights

2007-10-08 00:00:00

LONDON, Oct 7 (AFP): World oil prices fell further from historic highs this week amid news of rising crude reserves in the United States, which is the biggest global energy consumer. Oil and other dollar-denominated commodities were buoyed by a...

Asian currencies mixed against dollar

2007-10-08 00:00:00

HONG KONG, Oct 7 (AFP): Asian currencies ended the week mixed against the US dollar, with the yen falling but the Australian and New Zealand dollars up, as traders look to solid US jobs data to influence the markets this...

Technology, finance combine to fuel Asian green energy hopes

2007-10-08 00:00:00

HONG KONG, Oct 7 (AFP): The marriage of innovative technology and financing have led to a spread of energy efficient projects that are improving the quality of life for some of the poorest people across Asia. From solar energy to...

Govt borrows Tk 7.0b thru' treasury bills

2007-10-08 00:00:00

FE Report The government borrowed Tk 7.00 billion (700 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 7.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day, 182-day and...

PBL holds seminar on 'manager and his job'

2007-10-08 00:00:00

FE ReportPubali Bank Ltd (PBL) held a seminar on 'manager and his job' for its regional heads, corporate branch managers and senior executives in the city recently.PBL Training Institute organised the seminar that was attended by Managing Director (MD) of...

Qatar Airways' Eid holiday packages worldwide

2007-10-08 00:00:00

FE ReportIn celebration of the forthcoming Eid al-Fitr festive holidays, Qatar Airways is offering a huge choice of post-Ramadan holiday packages to a host of international destinations served by the national airline, said a press release.Through its holiday division Qatar...

Royal Bengal to launch domestic flights

2007-10-08 00:00:00

FE ReportRoyal Bengal Group, a British-Bangladeshi joint-venture, will launched domestic flights in Bangladesh.Royal Bengal Group celebrated the arrival of its first aircraft as it roared through the skies of the country.The Dash-8 flew into Zia International Airport where Royal Bengal...

StanChart signs home loan deal with Livingstone

2007-10-08 00:00:00

FE Report Standard Chartered Bank (SCB) signed an agreement with Livingstone Limited in the city recently. SCB Head of Mortgage and Auto Tarek Reaz and Livingstone Managing Director Mohammed Iqbal signed the agreement on behalf of their respective organisations. SCB...

DBBL workshop on 'prevention of money laundering'

2007-10-08 00:00:00

FE Report Dutch-Bangla Bank Limited (DBBL) organised a day-long workshop on Prevention of Money Laundering at the DBBL Training Centre in the city Saturday. DBBL Additional Managing Director AHM Nazmul Quadir inaugurated the workshop as the chief guest.DBBL Deputy Managing...

SJIBL holds its board meeting

2007-10-08 00:00:00

FE ReportThe 82nd meeting of the board of directors of Shahialal Islami Bank Limited (SJIBL) was held at its boardroom in the city recently. The meeting was presided over by Director of the bank Anwer Hossain Khan. The board approved...

Import L/Cs rise 29pc in Jul-Aug led by food items

2007-10-08 00:00:00

Import letters of credit (L/Cs) during the first two months of the current fiscal year increased 29 per cent to $3,590 million compared to the same period last fiscal year mainly due to huge influx of food items, reports UNB.L/Cs...

WB country director visits CEPZ

2007-10-08 00:00:00

CHITTAGONG, Oct 7 (UNB): World Bank (WB) Country Director Xian Zhu visited Chittagong EPZ and Korean EPZ respectively Sunday.Xian Zhu first visited the factories of Young One, Denim Plus (Pvt) Ltd and EP Shet (Pvt) Ltd and then left for...

Thrust on Integrated pests managements

2007-10-08 00:00:00

RANGPUR, Oct 7 (BSS): Experts in the concluding session of a five-day orientation course on 'integrated pests managements' (IPM) methods here Sunday said the overall agro-productions of all variety crops would increase significantly if the farmers properly implemented the methods.Besides,...

Telecom plans to offshore corporate hosting service

2007-10-08 00:00:00

NEW YORK, Oct 7 (AFP): Telecom has approached providers in New Zealand, Australia and the United States to take over the hosting of corporate internet services, sources said.According to an industry source, who did not wish to be named, Telecom...

Altaf Hossain new vice-chairman of Dhaka Bank

2007-10-08 00:00:00

FE Report Altaf Hossain Sarker has been elected vice-chairman of Dhaka Bank Limited (DBL) in the 129th board meeting of the bank held in the city recently. Sarker is also a sponsor shareholder of the bank.He is the chief executive...

IBBL holds 'Iftar mahfil' for flood-hit people

2007-10-08 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) organised an 'Iftar mahfil' for the flood-affected people of Manikdi on the MI Dakhil Madrasah premises at Manikdi Friday.IBBL Executive Committee (EC) Chairman Mominul Islam Patwary was present on the occasion as the chief...

Japanese stocks eye earnings

2007-10-08 00:00:00

TOKYO, Oct 7 (AFP): Japanese share prices are likely to remain buoyant in the coming week, particularly if major US companies report solid earnings and concerns over credit market woes continue to ease, dealers said.Investors will weigh US and domestic...

Johny's Eid collection for various age groups

2007-10-08 00:00:00

FE Report Johny Textile Mills Limited has been in the Eid Market with variety of its Eid releases in saris, three-pieces, lungis and printed fabrics including voil, poplin etc. One of their main brands of cotton print saris is the...

RFL Plastics to give special rates for GP ubscribers

2007-10-08 00:00:00

FE ReportGrameenphone Ltd. recently signed an agreement with RFL Plastics Ltd. in order to provide grameenphone public phone and village phone subscribers special rates on purchasing any plastic items available at the select sales outlets of RFL Plastics Ltd.Under the...