There have been some discontentment among the workers and supporters of a political party upon detention of their leaders by judicial process. Their spontaneous adverse reaction is natural. But one should realise that whatever happened was the outcome of a...
AT the last, Biman, the state-run national flag carrier, officially started its journey as a public limited company (PLC). With complete ownership of the government, it will now operate as Biman Bangladesh Airlines Limited (BBAL). So a hope is created...
RABINDRANATH Tagore's Amit Ray of his "Shesher Kabita" comes repeatedly in our mind when a speaker in this country in a grave voice says or writer in a scholarly article mentions that "Appropriate measures can resolve this problem or that...
Ira Chernus Pity the poor Democratic candidates for president, caught between Iraq and a hard place. Every day, more and more voters decide that we must end the war and set a date to start withdrawing our troops from Iraq....
Zofeen Ebrahim from KarachiAs Superintendent Nusrat Hussain Mangan of Central Prison in the southern port city of Karachi spends sleepless nights trying to figure out how to raise money to save the life of one inmate, just one of 107...
Ahmed Ali from BaqubaDiyala General Hospital in the provincial capital Baquba has been hit by severe lack of supplies amid ongoing attacks by militants.Located 50km northeast of Baghdad, the city of Baquba has become known now for both the huge...
COLOMBO, July 29 (AFP): The recent escalation in fighting in Sri Lanka has not derailed the nation's economy, with the island on track to record its fastest growth in nearly three decades, according to the central bank. Conflict between government...
MOSCOW, July 29 (AFP): In a country where banking services were once limited to loans from friends and a wad of cash under the mattress, Russia's banks are steadily making a comeback. Less than a decade after the financial crash...
WASHINGTON, July 29 (AFP): The United States (US) travel industry and its allies are pressing Congress for a marketing program of as much as $200 million to help restore America's 'brand Image' with international visitors. With overseas visits still below...
CAIRO, July 29 (Xinhua): The Suez Canal collected a revenue of 97 million Egyptian pounds (about US$ 17.2 million) Thursday, the 51st anniversary of the Canal's nationalization, hitting a new daily record in its history, an official announced Saturday. Egypt's...
MUMBAI, July 29 (AFP): India's largest bank, the State Bank of India, said Saturday its net profit climbed 78.5 per cent in the first quarter thanks to strong loan growth. The bank reported net profit for the three months to...
BANGKOK, July 29 (AFP): A decade after the 1997 Asian financial crisis, Thailand's economy looks strong with robust fundamentals, the International Monetary Fund said Saturday. "Recent economic activity has moderated, but Thailand's macroeconomic fundamentals -- a current account surplus, a...
HONG KONG, July 29 (AFP): Asian currencies ended the week mostly down against the dollar although the yen rose on concerns about the prospects for the US economy. JAPANESE YEN: The Japanese currency strengthened in the past week over concerns...
PARIS, July 29 (AFP): Biofuels, destined to partially offset a coming oil shortage and reduce greenhouse gas emissions, will require much more farm land, forcing the European Union to cultivate fields that have lain fallow. The European Union wants biofuels...
PARIS, July 29 (AFP): European companies confronting a double hit from the rise of the euro and of oil prices are turning increasingly to financial markets to stabilise costs and revenues. With the euro setting near daily records against the...
MAUNGDAW (Myanmar), Jul 29 (narinjara.com): The price of rice has increased recently in two western border townships of Myanmar, to the point that people cannot afford to buy rice from the markets, a businessman said. The businessman said, "Many ordinary...
DAKAR, July 29 (AFP): Faced with mounting energy crises, many African nations in recent years have zealously launched projects to produce cheaper biofuels, but few have gained steam. One fervent advocate of biofuels, Senegalese President Abdoulaye Wade, said during a...
ABUJA, July 29 (Xinhua): An official with the Nigerian Petroleum Development Company Limited (NPDC) announced here recently that the company gained 176.5 billion naira (about 1.39 billion US dollars) from crude oil sales in 2006. NPDC, a flagship subsidiary under...
COLOMBO, July 29 (Xinhua): Sri Lanka's retail fuel prices have been raised for the second time in 30 days and for the fourth time in two months, officials said here today. "Fuel prices have been raised with effect from midnight...
NEW DELHI, July 29 (AFP): India's central bank is expected to leave interest rates on hold this week as fears that the country's fast- growing economy is overheating begin to recede, analysts say. The bank's aggressive monetary tightening has slowed...
Finance Adviser Mirza Azizul Islam is optimistic about achieving 7.0 per cent GDP growth if private sector credit growth maintains its current pace, reports UNB. "The present credit growth is 15.2 per cent and I am optimistic to achieve the...
FE Report The affluent section of the society and different private corporation bodies should provide financial support to poor and underprivileged meritorious students of the rural area like Jamuna Bank Limited (JBL).Bangladesh Bank (BB) Governor Salehuddin Ahmed said this while...
FE ReportExport Import (EXIM) Bank of Bangladesh Ltd distributed scholarships among meritorious and poor students of Rajshahi region as a part of its corporate social responsibility (CSR) programmes.The programme was held at a local restaurant in Rajshahi city recently.Vice Chancellor...
FE ReportThe government borrowed Tk 8.00 billion (800 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 8.00 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 364-day bills...
FE ReportBangladesh Myanmar Business Promotion Council (BMBPC) hosted a dinner reception in honour of Major General U Saw Tun of Myanmar.The reception was hosted to commemorate the signing of agreement for construction of Bangladesh Myanmar friendship road link at a...
FE ReportThe lottery for allotment of shares of the Phoenix Finance and Investments Ltd (PFIL) will be held at 11-00 am tomorrow (Tuesday) in the city's Bangladesh-China Friendship Conference Centre, a reliable source of the ICB Capital Management Ltd, the...
Our CorrespondentBRAHMANBARIA, Jul 29: Most of the kindergarten (KG) schools, set up in the district town and its adjacent areas in recent times, are doing brisk business without ensuring quality education, sources said.Guardians alleged that teachers are being imparted sub-standard...
DINAJPUR, July 29 (BSS): The election of Dinajpur Chamber of Commerce and Industry (DCCI) was held at its office here Friday for the years of 2007- 08.The elected members of the trade body are Rafiqul Islam, Mossaddek Hossain, Anwarul Islam,...
FE ReportA half-yearly branch managers' conference of Bogra zone of Islami Bank Bangladesh Limited (IBBL) was held at a local hotel in Bogra recently.The conference was inaugurated by IBBL Director and Audit Committee Chairman Kazi Harun-ar-Rashed as the chief guest.Presided...
FE Report Etihad Airways will launch four flights a week from its Abu Dhabi home base to Kathmandu, the capital of Nepal, in October.The flights will provide a valuable link for the 90,000 Nepalese nationals living in the UAE.
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