This year's flood has already caused a havoc to the lives of millions of people. So far the death toll crossed 150 persons. It also caused an extensive loss of crops and property. The present government as well as the...
YANGON, Aug. 9 (Xinhua): Myanmar is striving to complete upgrading its four domestic sections of roads of the ASEAN Highway Network to Class-3 by 2009 under an agreement reached by ASEAN Transport Ministers at their meeting in Yangon last month,...
KATHMANDU, Aug. 9 (Xinhua): Despite political breakthrough and steps toward restoring peace, foreign direct investment (FDI) commitment grew by a meager 313 million Nepali rupees (some 4.8 million US dollars) over the fiscal year in 2006/07 ended in mid- July....
BEIJING, Aug 9 (AFP): China will not sell off its US dollar assets as long as there is no major disagreement with the United States, a researcher at a top government think tank said today. Zhang Ming, an economist with...
BANGKOK, Aug 09 (AFP): Thailand's consumer confidence fell to a new five-year low in July amid concern over high oil prices and pressure on exports as the baht held firm against the dollar, researchers said today. The July consumer confidence...
NEW DELHI, Aug 9 (PTI): Growing at the rate of 25 per cent a year, medical tourism is on track to become a USD two billion industry in another five years. An estimated 1,50,000 patients arrived in 2004 from across...
DUBAI, Aug 9 (PTI): India, which is wooing foreign investment in all sectors especially in infrastructure, is eyeing Foreign Direct Investments (FDIs) from the cash-rich Gulf region. "India is keen to promote its trade and political ties with the neighbouring...
BEIJING, Aug 9 (CEIS): China said yesterday that the United States importers and brand owners should take responsibility for recalled toys, as statistics showed the US product quality watchdog filed 29 recall cases involving toys made in China in 2006....
LONDON, Aug 9 (AFP): Restrictions on animal movement imposed after a foot and mouth outbreak in Britain last week were eased today, though the European Union extended its ban on British meat and livestock exports. Livestock were also being culled...
PARIS, Aug 9 (Xinhua): The financial rating agency Standard and Poor's (SP) is projecting that economic growth rate within the European Union will be between 2.9 per cent and 2.6 per cent in 2008, according to a statement published by...
SEOUL, Aug 9 (AFP): South Korea today raised its key interest rate for the second time in as many months in an attempt to soak up liquidity and keep inflation in check. The Bank of Korea announced it was raising...
SYDNEY, Aug 9 (AFP): Australia's unemployment rate remained steady at 4.3 per cent in July, according to official figures today. Australian Bureau of Statistics (ABS) data showed the nation's unemployment rate remained at a seasonally-adjusted 4.3 per cent recorded in...
ISLAMABAD, Aug 9 (PTI): Indian sugar is all set to hit the local market in a big way as two consignments of 12,000 tonnes are reaching Pakistan in next two to three days. The first consignment of 6,000 tonnes is...
MANILA, Aug 9 (AFP): A global shift toward renewable energy could jack up food prices by up to 80 per cent as crops and farmland are diverted to producing biofuels, an international agricultural think-tank warned today. Joachim von Braun, director-general...
NEW YORK, Aug 9 (AFP): World oil prices finished lower yesterday in choppy trade, despite a larger than expected decline in US crude stocks, as speculators engaged in a bout of profit- taking, traders said. Prices still remain relatively high,...
FE Report Central Insurance Company Limited (CICL) and Credit Rating Agency of Bangladesh Limited (CRAB) signed an agreement for credit rating at the CICL head office in the city recently. CICL Acting Managing Director Md Fasiar Rahman and CRAB Vice-chairman...
TOKYO, Aug 9 (AFP): The dollar was steady in Asian trade today, supported by rebounding global share prices, while the market reacted cautiously to a report that China might dump greenbacks, dealers said. The dollar eased to 119.64 yen in...
TOKYO, Aug 9 (AFP): Japan will study turning inedible crops such as straw into biofuel to run cars amid concern that the growing popularity of ethanol is inflating food prices, an official said today. Biofuels are seen as alternative clean...
FE ReportLexco Limited, a 100 per cent export-oriented leather industry of the country, held its 27th annual general meeting (AGM) at its head office at Hazaribagh in the city Thursday with Abdul Mateen in the chair.Managing Director of the company...
NEW DELHI, Aug 09 (AFP): Vehicle sales in India fell 5.7 per cent between April and July compared with a year ago, an industry lobby group said today, as demand for motorbikes and trucks waned on higher credit costs. Domestic...
Sarwar ZahanThe annual inflow of foreign direct investment (FDI) into the country during 2000-05 period has been estimated at 0.8 per cent of the Gross Domestic Product (GDP) on an annual average. The United Nations Conference on Trade and Development...
FE ReportPrime Bank Limited (PBL) opened its 54th branch at Comilla Wednesday. Former chairman of PBL board of directors Imam Anwar Hossain inaugurated the branch as the chief guest, and its Managing Director M Shahjahan Bhuiyan presided over the inauguration...
FE Report TM International (Bangladesh) Limited (Aktel) has seen a 40 per cent increase in active Aktel GPRS users, rising to 350,000 at end July 2007. This impressive growth stems from the launch of GPRS configuration through the 'Over the...
FE ReportThe International Chamber of Commerce (ICC) and German Technical Cooperation (GTZ) are jointly organising two one-day workshops on the revised international trade rules for letters of credit (L/C), known as UCP 600, on August 11 and 12 in Chittagong...
Our CorrespondentBRAHMANBARIA, Aug 9: The SME Cell of Ministry of Industries and National Association of Small and Cottage Industries of Bangladesh (NASCIB) jointly organised an workshop on the activities and services of Bangladesh Standard and Testing institute (BSTI) at Brahmanbaria...
FE ReportThe 80th board meeting of Shahjalal Islami Bank Limited (SJIBL) was held in the city Thursday.The meeting was presided over by SJIBL Chairman Sajjatuz Jumma.The board approved a number of investment proposals and discussed various issues relating to policy...
Media can enhance the image of Bangladesh abroad that can help boost the country's export, reports BSS.Annual export reached $12.18 billion in 2006-2007 financial year, an increase of 15.69 per cent over the previous fiscal (2005-2006).This was stated at the...
Our CorrespondentNILPHAMARI, Aug 09: Most of the village markets of the district particularly those demolished recently by the joint forces for illegal possession are in very miserable condition. Many shops are functioning under the open sky. The suffering of shopkeepers...
PIROJPUR, Aug 9 (UNB): Bangladesh Krishi Bank (BKB) disbursed loans amounting to Tk 310.12 million (31.12 crore) in seven upazilas of the district in the last fiscal year.The loans were distributed among 18,523 people through the 24 branches of the...
Speakers at a discussion in the city Thursday urged the concerned authorities to protect the constitutional rights of indigenous people for the overall development of the country, reports BSS.Coalition of local NGOs, Bangladesh (CLNB) organised the discussion in observance of...
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