Dr. Habib SiddiquiFOR years, the political arena in Bangladesh was more like a theater hall that featured monotonous plays where villains kill the good guys, taking control over all their material possessions. Like zombies, we got used to seeing such...
Maswood Alam KhanLAST Tuesday two of my senior colleagues from two different banks were given 'farewells' at the start of their retired lives. One farewell reception was attended by more than one thousand grievers and the other by only ten...
A year ago, Carlos Ghosn looked to be at the top of his managerial game. Renault's and Nissan's chief executive had riveted the car industry with a proposal to add General Motors as the Franco-Japanese alliance's third partner. GM later...
WASHINGTON, Aug 4 (AFP): The US economy eked out 92,000 new jobs in July, weaker than expected due to cutbacks in the public sector, and unemployment was essentially unchanged at 4.6 per cent, Labour Department data showed Friday. It was...
WASHINGTON, Aug 4 (AFP): The African governors to the International Monetary Fund (IMF) welcomed Friday a commitment by Dominique Strauss-Kahn, the European Union's candidate to head the IMf, to focus on Africa. In a statement released by the IMF on...
MIAMI, Aug 4 (AFP): Cuban-American business leaders yesterday called for the creation of a 300-million-dollar fund to help build private enterprise in Cuba once the communist-run state adopts what they called "inevitable" reforms. The proposal, presented at a conference in...
RIO DE JANEIRO, Aug 4 (Xinhua): Brazil will invest 6.8 billion reals (3.61 billion US dollars) to urbanise "favelas," or slums, in Brazil's metropolitan regions, President Luiz Inacio Lula da Silva said yesterday. The federal government will appropriate 5.9 billion...
BEIJING, Aug 4 (AFP): China's booming economy is wreaking havoc on the nation's coastal waters, with sewers often spilling right into parts of the sea reserved for tourism or aqua-farming, state media said today. This is the conclusion of a...
JAKARTA, Aug 4 (Xinhua): Japanese Prime Minister Shinzo Abe will sign the long-awaited economic partnership agreement (EPA) during his visit to Jakarta later this month, marking another milestone in the development of the bilateral relations. Abe is scheduled to arrive...
JOHANNESBURG, Aug 4 (Xinhua): South African President Thabo Mbeki said Friday that India and South Africa shared the challenge of a struggle against poverty. While addressing businessmen at the Seventh India Calling Conference, Mbeki said business was vital if this...
LONDON, Aug 4 (AFP): The price of New York oil surged this week to a historic peak above 78 dollars per barrel, propelled by falling crude reserves in key energy consumer the United States, analysts said. Meanwhile, commodity traders kept...
FE ReportEmirates' onboard meals from Dubai are now supplied from a new purpose-built flight catering facility that is the most modern and the largest of its kind in the world.The $120 million unit, with a design capacity to produce 115,000...
Qazi AzadVALID audit objections about financial defaults in the public sector including ministries, government departments and other state offices are useful for perception of the extent of financial mismanagement and corruption. May be, these are also helpful to the Transparency...
Sheikh Monirul Islam, OpeeA very powerful businessman who made fortunes out of Biman once said to me: "as long as we are there, Biman would never be made a PLC". Such was the power of that syndicate that they obviously...
Kazi Abubakar SiddiqueTHE pathetic and heart-rendering incident of Dipali's unexpected suicide or thousands of people around the world gleaning food from dustbin just to survive -- all these are very frequent phenomenon in the very Third World developing and least...
ACUTE power crisis was the most irksome issue that haunted the immediate past government through to the end. Indeed, it turned out to be a nemesis for that government, because it could not add any fresh quantity of power to...
Shireen Scheik MainuddinWITH loan syndications and bond issuance both by the Treasury and the private sector, the long term financial market of Bangladesh has quietly emerged.For persons new to the terminology, "long" includes both stocks about which a great deal...
Iffat JarinSULTANA Yasmin, a 24-year-old pretty working woman, always hurries back home after office hours. She is hardy seen spending any light moment with anybody. She is always gloomy and depressed."I rarely have any spare time to spend with colleagues...
Neil BuckleyA senior ally of Vladimir Putin has said his party would be ready to nominate Mr Putin for the Russian presidency in 2012, fuelling speculation that the Russian leader could return four years after an interim candidate is elected...
Government decision to contract out the operational responsibility of Biman Bangladesh Airlines Limited to a foreign operator may remind one about the League of Nations mandate after the World War-1 and the United Nations trusteeship after the World War-II. Under...
A local economist observed in course of a TV interview the other day that the total black money in this country since independence is about Tk. 7000 billion. This figure is astronomical and mind-bogling. What was the basis of this...
IT is true that this year getting the visa by the DV lottery winners is pretty difficult. But it is also true that it is very easy for a DV visa broker to arrange the visa in exchange of huge...
Syed Fattahul AlimWar has its costs. As there are two sides in any war, both have to bear these costs. In common parlance, by cost is understood the financial cost of carrying out the particular business concerned. But war is...
Do you consider yourself an adventurer?I have on one occasion been asked to give myself the title of "adventurer" when I have given talks about my experiences. But no, I have never called myself an adventurer of my own accord....
Enayet Rasul A leading daily newspaper of the country headlined it on Thursday that fresh moves have been initiated from Petrobangla that would lead to making impotent the state-owned organization-BAPEX-which has been playing a very commendable role in finding gas...
Sarah Carriger and Domitille ValleeThe challenge for rice cultivation in the next 50 years is to feed more people while keeping prices low to benefit poor rice consumers and reducing production costs to benefit poor growers. At the same time,...
Shanu Mostafiz Shefali spends much of her time taking care of her younger brother. She also has to fetch drinking water for her family from nearly a half-mile away every morning when girls her age go to school.Shefali, a seven-year-old...
Roula Khalaf and Guy DinmoreTwo Saudi bombers in February tried to ram explosive-packed cars through the nerve centre of the kingdom's oil industry. One car blew up at the first gate of the Abqaiq oil facility, allowing the second vehicle...
Javier Blas in LondonInvestors have made their biggest ever bet on risingoil prices and the gamble is paying off.A combination of refinery outages, strong demand and lower production by the Organisation of the Petroleum Exporting Countries has taken prices to...
Lawrence SummersFor some time now, the large flow of capital from the developing to the industrialised world has been the principal irony of the international financial system. In 2007 this flow will total well over half a trillion dollars, a...
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