Song Jung-aInvestors on the hunt for emerging market opportunities should take a close look at South Korean stocks, which were badly hit during the turmoil earlier in the year but could be set for a strong rebound.Foreign investors bailed out...
Joanna Chung in London Since late last year, foreign investors have been stuffing themselves with kwacha.Though it sounds like an exotic fruit, the kwacha is in fact the currency of Zambia, now seen by some investors as one of the...
Leslie Crawford in Barcelona Opportunities for water companies are booming around the world because of looming shortages and decades of underinvestment, a conference in Barcelona heard last April.China, Saudi Arabia and Algeria, where water shortages have become acute, are placing...
Fiona Harvey, Environment CorrespondentMelting glaciers will reduce the amount of water available for agriculture in some areas of the world in the future, while rising sea levels will contaminate coastal groundwater supplies, according to scientists studying the effect of climate...
Kalinga SeneviratneFor 12 years Siti Muyasaroh slaved as an underpaid and overworked housemaid in this affluent South-east Asian nation. Still, during that time, she completed a nursing aid course and acquired a diploma in business English from a British university....
Analysis by Meena JanardhanThe new United States plan to sell arms to Saudi Arabia and other allies in the Middle East to counter growing Iranian influence could trigger an arms race and worsen instability in an already volatile region, say...
Irfan Ahmed ChaudhuryFaced with acute water shortages, the Pakistan government has launched a 1.3 billion US dollar subsidised drip irrigation programme that could help reduce wastage over the next five years. According to Pakistan's latest economic survey released in June,...
Joe Leahy in MumbaiFor some in India, the chills emanating from the sub-prime mortgage market in the US might be a cause for concern. But Chanda Kochhar, deputy managing director of ICICI Bank, India's largest private financial group, says that...
Paul MaidmentChina's leaders have for a while now been concerned about the rising level of social unrest in the countryside, which has played second fiddle to the cities as the economy has grown rapidly. Newly published numbers in the latest...
TEHRAN, Aug 10 (AFP): Iran's leaders Thursday told visiting Iraqi Prime Minister Nuri al-Maliki that US troops must leave his country, in talks that reinforced growing bilateral ties and sparked unease in Washington. Following a renewed warning from President George...
MIRANSHAH, Aug 10 (AFP): Helicopter gunships pounded militant hideouts in northern Pakistan as the military scoured mountains Friday for 16 missing soldiers believed kidnapped by Taliban rebels. As the US called for greater efforts against militants using Pakistan's remote Hindu...
MOGADISHU, Aug 10 (AFP): At least four Somalis were killed Friday as heavy fighting broke out in the capital Mogadishu between insurgents and the Ethiopian-backed government forces, police and witnesses said. The news agency reporter in Mogadishu described the clashes...
SEOUL, Aug 10 (AFP): North Korea said today it would take strong countermeasures against a major US-South Korean military exercise later this month, warning that the drill could disrupt a nuclear disarmament deal. "The KPA (North Korea's army) will actively...
UNITED NATIONS, Aug 10 (AP): US Ambassador Zalmay Khalilzad said a resolution that would expand the UN mandate in Iraq will internationalise the effort to assist Iraqis in overcoming their internal differences and bringing neighboring countries together to help the...
UNITED NATIONS, Aug 10 (Reuters): Homes and farmland drowned in increasingly severe floods are affecting some 500 million people a year and straining relief efforts, a senior UN official said Thursday. Deaths have been reduced because of early warning systems...
TOKYO, Aug 10 (AFP): A record 157 children fell victim to abuse in the first half of this year in Japan, police said Friday, as gruesome cases shocked the nation. Eighteen of the children died. The 157 abused children represented...
MINNEAPOLIS, Minnesota, Aug 10 (AFP): Two bodies were found Thursday in the wreckage of a bridge that collapsed over the Mississippi river more than a week ago, raising to seven the death toll from the accident in the northern US...
KATHMANDU, Aug 10 (Xinhua): A day after she presented her credentials amidst a function, the new United States ambassador to Nepal Nancy J Powell held a meeting with Nepali Prime Minister Girija Prasad Koirala Friday morning. After the meeting with...
LONDON, Aug 10 (AFP): The brother of the late princess Diana revealed Thursday that he has considered writing a biography about his sister, in the run-up to the 10-year anniversary of her death. Speaking to the BBC, Spencer said that...
MANILA, Aug 10 (AFP): Storms in the northern Philippines have left six people dead, with another missing, after triggering landslides and floods, the civil defence office said Friday. Seven other people were hurt and nearly 12,000 people fled their homes...
FE ReportPrices of essential commodities maintained their previous high over the past week due to short supply of such items in the city markets because of countrywide massive flood.The crop lands of the vegetable growing districts like Narsingdi, Manikganj and...
FE ReportICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset value (NAV) of its two unit funds.The total NAV of the ICB AMCL Unit Fund stood at Tk 46,57,45,012.84 on the basis of...
FE ReportMutual Trust Bank Ltd (MTBL) and Dexterous Consultants Ltd (DCL) have recently signed an agreement under which DCL will provide the bank with consultancy service for construction of the MTBL head office building at Kazi Nazrul Islam Avenue in...
Commercial Bank of CeylonAugust 05 -- August 09, 2007Last week, the local USD/BDT market was quite active. The volume of transaction was lower than that of the previous week. Banks were efficiently matching their import payments with the inward remittances...
Sarwar ZahanThe inter-bank call money rate was steady last week repeating the previous week's trend although the central bank withdrew large amounts of cash through auctions of reverse repurchase agreement (repo), treasury bills and Bangladesh Bank (BB) bills and Bangladesh...
FE ReportTania Textiles Ltd (TTL) and China-based Regent Ken International Ltd (RKIL) have signed a MOU about business development, in the city recently.TTL Deputy Managing Director Md Ashik Hossain and RKIL President Xu Gang signed the deal on behalf of...
FE ReportHalf-yearly branch conference - 2007 of Karnaphuli Insurance Co Ltd (KICL) was held recently in the city.KICL Chairman Nizamuddin Ahmed was present in the conference as the chief guest, whereas its outgoing managing director Md Aliuzzaman Khan presided over...
Naim-Ul-KarimBack from Noakhali Poor infrastructure, including communication, remains the major impediment to the growth of the rural economy in the districts of Bhulua, currently known as greater Noakhali. Noakhali, one of the oldest districts of the country which was established...
FE ReportThe British American Tobacco Bangladesh (BATB) has taken up a programme to help the flood-affected people in Manikganj. More than 70 tonnes of food and medicines will be distributed among some 25000 people of 5000 families in the district....
FE Report The Bangladesh Bank (BB) has decided to stop opening letters of credit (L/Cs) by "fake" sister concerns of a single business group to put a lid on the "innovative" forgery in the banking sector.The decision came following a...
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