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Congress warned against anti-China protectionist measures

2007-08-03 00:00:00

WASHINGTON, Aug 2 (Xinhua): More than 1,000 top American economists have signed a petition to urge Congress not to impose protectionist measures against China, saying such a move would hurt the US. The petition, sponsored by the Club for Growth,...

China-Russia bilateral trade may exceed $40b

2007-08-03 00:00:00

HARBIN, Aug 2 (CEIS): The bilateral trade between China and Russia, which has been growing for eight consecutive years since 1999, may exceed 40 billion US dollars this year, a Chinese official said yesterday. Bilateral trade was 20.5 billion dollars...

IMF chief lauds economic progress in Cambodia

2007-08-03 00:00:00

PHNOM PENH, Aug 2 (Xinhua): International Monetary Fund (IMF) President Rodrigo de Rato has lauded the stellar growth of Cambodia's economy and its effective implementation of macroeconomic strategies, but hinted that more work is needed in poverty reduction, local press...

China-Russia bilateral trade may exceed $40b

2007-08-03 00:00:00

HARBIN, Aug 2 (CEIS): The bilateral trade between China and Russia, which has been growing for eight consecutive years since 1999, may exceed 40 billion US dollars this year, a Chinese official said yesterday. Bilateral trade was 20.5 billion dollars...

Nepal's overseas jobs jump up by 12.5pc

2007-08-03 00:00:00

KATHMANDU, Aug 2 (Xinhua): The number of Nepali workers leaving for overseas jobs jumped up by 12.5 per cent during the fiscal year 2006/07 ended in mid-July, compared with the previous fiscal year, The Kathmandu Post reported today. Data compiled...

Oil prices firmer in Asia after records hit

2007-08-03 00:00:00

SINGAPORE, August 2 (AFP): Oil prices rose in Asian trade today after they briefly hit all-time highs above 78 dollars as plunging US crude inventories stoked supply fears, dealers said. New York's main futures contract, light sweet crude for delivery...

Computerisation of 55 BKB branches

2007-08-03 00:00:00

FE ReportWith a view to widening the on-going computerisation programme of Bangladesh Krishi Bank (BKB), an agreement was signed between the bank and M/S Desktop Computer Connection Ltd. at a programme in the city recently.BKB Deputy General Manager (Common Service...

Yen firm in Asian trade amid credit jitters

2007-08-03 00:00:00

TOKYO, August 2 (AFP): The yen was slightly firmer in choppy Asian trade today as investors kept a nervous watch on global credit markets and the fallout from the US housing market woes, dealers said. The dollar slipped to 118.74...

SKorea suspends US beef imports again over banned bones

2007-08-03 00:00:00

SEOUL, August 2 (AFP): South Korea has again suspended US beef imports after inspectors discovered banned bones in a recent shipment, officials said today. The agriculture ministry said it had discovered fragments of vertebral columns, designated as risk material, in...

Bhutan bans import of poultry from India

2007-08-03 00:00:00

THIMPHU, August 2 (PTI): Bhutan has banned the import of poultry and poultry products from India for an indefinite period following an outbreak of bird flu in Manipur. "Based on the information from the department of animal husbandry in India...

Myanmar targets export of one million cattle annually

2007-08-03 00:00:00

YANGON, August 2 (Xinhua): Myanmar has projected to export annually one million of cattle such as sheep and goat in the next five years offering breeders across the country financial help to encourage them to realise the set target, according...

China food prices rise

2007-08-03 00:00:00

BEIJING, August 2 (CEIS): Prices of farm produce in China continued to rise in the week from July 23 to 29, the Ministry of Commerce (MOC) announced yesterday. Compared with the previous week, meat prices were up 1.8 per cent,...

Rashid Bhuiyan wins BJWA award

2007-08-03 00:00:00

FE ReportDhaka Hyde and Skins Ltd Managing Director MA Rashid Bhuiyan won BJWA 2007 Award. Bangladesh Journalists' Welfare Association (BJWA) introduced the award for eminent entrepreneurs for their contribution to the business sector.He received the award from former adviser of...

ICT awareness programme held at Mymensingh

2007-08-03 00:00:00

A CorrespondentMYMENSINGH, August 2 : A two-day ICT awareness programme was jointly organised by the IT Business Promotion Council (IBPC) under the Ministry of Commerce and Bangladesh Computer Samity on July 29-30, 2007 at a local hotel.Bangladesh Agriculture University (BAU)...

Prices of most essentials register 28pc rise on an average over last one year

2007-08-03 00:00:00

Naim-Ul-KarimPrices of most of the essential commodities registered a 28 per cent rise on an average over the last one year according to government statistics, sources said.They said the statistics prepared by state owned Trading Corporation of Bangladesh (TCB) shows...

Trade team to visit Malaysia in Nov to explore mkt for Bangladesh products

2007-08-03 00:00:00

FE Report A trade delegation will visit Malaysia in November this year to explore the possibility and market potential for Bangladeshi products as well as to identify the areas for investment in joint venture and export of Bangladeshi goods in...

AKTEL offers GPRS for pre-paid subscribers

2007-08-03 00:00:00

FE ReportAKTEL has launched GPRS facilities for the pre-paid subscribers for the first time. From now on, all of its pre-paid users can access the GPRS facility along with all other regular value added services. The GPRS facility will make...

Energypac Agro Ltd, IDLC sign contribution deal

2007-08-03 00:00:00

FE ReportA contribution agreement has been signed between Energypac Agro Limited and IDLC of Bangladesh Ltd on behalf of Local Enterprise Investment Centre (LEIC) in the city recently.The deal aims at assisting to create a joint venture with a foreign...

StanChart workshop on 'Changing Face of Int'l Trade' held

2007-08-03 00:00:00

FE ReportTransaction Banking Department of the Standard Chartered Bank (SCB) organised a day-long workshop on 'Changing Face of International Trade' at a city hotel recently.The workshop covered various contemporary trade topics like 'Moving from letter of credit to open-account', 'Paper-based...

Need to have knowledge for facing challenges of globalisation stressed

2007-08-03 00:00:00

FE ReportDCCI Senior Vice President M Shahjahan Khan laid emphasis on having proper knowledge on import and export-related shipping procedures to face the challenges of globalisation.He was speaking at the certificate distribution programme of the training course on "Shipping Procedures...

IBBL Khulna zone holds branch managers' confce

2007-08-03 00:00:00

FE ReportKhulna zone of Islami Bank Bangladesh Limited (IBBL) held the Half Yearly Branch Managers' Conference at a hotel in Khulna recently. IBBL executive committee Chairman Mominul Islam Patwary inaugurated the conference as the chief guest. IBBL Executive President M...

BRAC Bank takes part in int'l confce on SME banking, financing

2007-08-03 00:00:00

FE ReportBRAC Bank's Head of SME Banking Farzana Chowdhury recently participated in an international conference on "SME Banking and Financing", organised by Marcus Evans at Mumbai in India. She was the only guest speaker from the country, who made a...

NBR realises Tk 170m in washing untaxed money

2007-08-03 00:00:00

SYLHET, Aug 2 (UNB): National Board of Revenue (NBR) has realised Tk 170 million (17 crore) in revenue in the district by whitening undisclosed income of Tk 970 million (97 crore) here until July 31.NBR officials said 460 people have...

Teknaf landport earns over Tk 57m revenue in July

2007-08-03 00:00:00

Our Correspondent CHITTAGONG, Aug 02: Teknaf landport earned more than Tk 57 million revenue in the first month of the current fiscal year (FY). According to sources, the landport earned revenue worth Tk 57,245,287 in the month of July last...

NBR realises Tk 170m in washing untaxed money

2007-08-03 00:00:00

SYLHET, Aug 2 (UNB): National Board of Revenue (NBR) has realised Tk 170 million (17 crore) in revenue in the district by whitening undisclosed income of Tk 970 million (97 crore) here until July 31.NBR officials said 460 people have...

Bangladesh signs Treaty of Amity and Cooperation

2007-08-03 00:00:00

Bangladesh has signed the Treaty of Amity and Cooperation with a view to strengthening Bangladesh-ASEAN ties further in presence of all the ASEAN Foreign Ministers in Manila Wednesday evening. Foreign Affairs Adviser Iftekhar Ahmed Chowdhury who is leading Bangladesh delegation...

AL to continue legal battle to free Hasina

2007-08-03 00:00:00

The Awami League (AL) is not thinking of any alternative means, rather the party will continue the legal battle until party chief Sheikh Hasina is freed."Now we are not thinking of any alternative to free our leader as we have...

Formal start of voter listing to be delayed for floods

2007-08-03 00:00:00

The Election Commission (EC) expects that the requisite new law for preparing a fresh voter list with photographs would be effective on the first or second day of the coming week through promulgation of Presidential Ordinance, reports UNB.Meanwhile, the main...

Iqbal for formulating curriculum to meet demands of labour mkts

2007-08-03 00:00:00

A time-befitting curriculum would be formulated for the country's training institutes to meet the demands of labour markets both for home and abroad.Adviser for Labour and Employment M Anwarul Iqbal said this while speaking at a meeting on the introduction...

Rangs Bhaban verdict govt's victory: Iqbal

2007-08-03 00:00:00

Local government adviser Anwarul Iqbal said Thursday the Supreme Court verdict in the Rangs Bhaban case was a victory of the government, bdnews24.com. The apex court ordered that only six storeys of the 22-storey highrise on Bijoy Sarani in the...