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Nepali gov't not allowed to hike water tariff

2007-11-19 00:00:00

KATHMANDU, Nov 18 (Xinhua): The Water Supply Tariff Commission (WSTC), the semi-government authority formed to fix water tariffs, will not allow the Nepali government to hike water tariff until quality of drinking water is improved, the Himalayan Times reported yesterday....

Oil will soar if US attacks Iran: Chavez

2007-11-19 00:00:00

RIYADH, Nov 18 (Reuters): Venezuelan President Hugo Chavez told an OPEC summit yesterday crude oil prices could double to $200 if the United States attacked his ally Iran. "If the United States is crazy enough to attack Iran or commit...

Hydrogen: the wave of the future

2007-11-19 00:00:00

WASHINGTON, Nov 18 (AFP): The United States hopes to fill American roads with hydrogen-powered cars in two decades, but the clean fuel must be cheap and practical to make before it can replace oil, US experts say. President George W....

Americans to hold wallets tighter for holidays

2007-11-19 00:00:00

WASHINGTON, Nov 18 (AFP): US consumers, battered by a horrific housing slump and soaring energy costs, are expected to show caution in holiday spending this year, putting more pressure on retailers and the overall economy, analysts say. Surveys project tepid...

UAE gold sales up by 21 pc

2007-11-19 00:00:00

DUBAI, Nov 18 (PTI): Retail gold sales in the UAE increased by 21 per cent in the third quarter of this year compared to the same period of 2006 with jewellery demand remaining strong despite the steep rises in prices....

US recalls of imported toys boost made -in- America sales

2007-11-19 00:00:00

WASHINGTON, Nov 18 (AFP): With Christmas fast approaching, Don Edwards is worried about the record number of recalls of Chinese-made toys in the United States, and not because he has bought tainted goods for his grandchildren. Edwards is concerned he...

Iraqi Kurds flex muscles over black gold reserves

2007-11-19 00:00:00

ARBIL, Iraq, Nov 18 (AFP): Despite a veto from Baghdad, Iraqi Kurds have signed contracts with foreign firms to exploit their huge oil reserves which they vow will benefit the whole country. Strengthened by the autonomy enshrined in the Iraqi...

Thrust on setting up coal-based linkage industries in N-region

2007-11-19 00:00:00

GAIBANDHA, Nov 18 (BSS): Speakers at a seminar stressed the need for setting up coal-based linkage industries by speeding up extraction of coal and taking all action plan on mineral resources-based development of the northern region.The day-long seminar entitled "Development...

National Bank opens 100th branch at Bhaluka

2007-11-19 00:00:00

FE ReportNational Bank Limited (NBL) opened the 100th branch of the bank at Bhaluka in Mymensingh recently.National Bank Chairperson Parveen Haque Sikder formally inaugurated the branch as the chief guest. A discussion meeting was held on the occasion.The chairperson of...

Qatar Airways holds workshops for agents in city

2007-11-19 00:00:00

FE ReportQatar Airways held two workshops at a city hotel recently to encourage travel agents of the city to sell the products and services of the five-star airline.Speakers at the workshop expressed their hopes that the relationship between the airline...

The distressed are in need of full support

2007-11-18 00:00:00

The fury of nature has now caused yet another havoc in Bangladesh. The coastal areas of the country, particularly its south and southwestern parts, have witnessed this time a severe damage. Many lives were lost, many more were injured and...

Streamlining the distribution of agricultural inputs

2007-11-18 00:00:00

Shahiduzzaman KhanTHERE has been acute shortage of fertiliser in the northern and southern districts of Bangladesh. Newspaper reports suggested that the farmers were locked in fistfights against the local distributors of Munshiganj district. Agitated farmers also brought out a procession...

A return of the spectre of corruption

2007-11-18 00:00:00

Anna FifieldThroughout the 40-odd years of South Korea's industrialisation, the fastest way to get ahead in politics or business has often been with the help of brown envelopes of cash.Such practices were supposed to become a thing of the past...

Getting rid of clumsy, destructive politics in universities

2007-11-18 00:00:00

Shazib ChowdhuryQUALITY of education at public universities compared to the international educational standard has fallen alarmingly. We are way behind in all fields of education compared to our immediate neighbour India. We do not have enough natural resources to sustain...

Problems in the real estate sector

2007-11-18 00:00:00

Who are the people who see the wisdom of investing their money in flats? They are the ones who practically see the difficulties of building independent houses in good localities. Individually buying lands in the good areas is unthinkable for...

Helping the victims of cyclone

2007-11-18 00:00:00

The distressed people in the south and south western coastal areas of the country do need all kinds of support and help, both government and private, in this hour of distress. The cyclone, SIDR, has wrought a havoc in those...

City's transportation system

2007-11-18 00:00:00

Although there has been a deterioration in taxi-cab services, hardly any corrective steps were taken. The taxicab service was launched in the country to facilitate better transportation to commuters as well as to cater to tourist needs. But due to...

Review of pre-shipment inspection in Bangladesh

2007-11-18 00:00:00

Manzur AhmedTHIS article reviews the write-up titled "Pre-shipment inspection in Bangladesh: outsourcing customs efficiency to foreign companies" published in The Financial Express on September 26, 2007 by Rashid ul Ahsan Chowdhury Ph.D, the incumbent Member, Customs of the National Board...

The hidden side of economics

2007-11-18 00:00:00

Elayne Clift writesAN award-winning economics professor at the University of Chicago, he attempts to answer questions that explain how the world works:Q: Why did crime rates drop in America in the 1990s?His answer: Legalised abortion meant fewer kids grew up...

Opportunity lost as gas markets set to tighten

2007-11-18 00:00:00

Dino MahtaniTHE past decade has seen the beginnings of the creation of a global gas market with the emergence of liquefied natural gas as a fully flexible option of delivering gas supply. Strong demand for gas-fired power stations in industrial...

Asian leaders aim for green region, promote nuclear energy

2007-11-18 00:00:00

SINGAPORE, Nov 17 (AFP): Asian leaders from 16 countries will pledge to increase the region's forest cover by 2020 and promote the use of nuclear energy during their annual summit here next week. A draft statement obtained by the news...

USIBC launches move to deepen bilateral trade, investment

2007-11-18 00:00:00

WASHINGTON, Nov 17 (PTI): The US-India Business Council (USIBC), a business advocacy group, has launched a comprehensive initiative to deepen two-way trade and investment between Washington and New Delhi. "USIBC's ultimate goal is to unleash market forces supporting free trade...

France faces more disruption as strikes continue

2007-11-18 00:00:00

PARIS, Nov 17 (Reuters): France suffered a third day of transport disruption yesterday as a hard core of union resistance held out against a planned pension reform and protesters blocked some trains that were running. The open-ended strike has developed...

India to buy 400 firms in US, EU after 2010

2007-11-18 00:00:00

NEW DELHI, Nov 17 (PTI): In tune with ongoing trend, India Inc would buy 400 firms in European Union and the US markets every year from 2010 onwards, according to a study by Assocham. "Indian companies acquired more than 180...

Indonesian economy grows faster in Q3

2007-11-18 00:00:00

JAKARTA, Nov 17 (Xinhua): The Indonesian economy increased more rapidly than expected in the third quarter by 6.5 per cent over the same period of last year on continued strong exports and consumer spending, the Central Statistics Agency (BPS) reported...

Vietnam-WTO trade fair to be held next January

2007-11-18 00:00:00

HANOI, Nov 17 (Xinhua): Over 300 well-known companies from 20 countries and regions have already registered to showcase their best products and services at the Vietnam-WTO Trade Fair 2008 on the occasion of Vietnam's one-year WTO membership, organisers said today....

China to ease restriction on foreign investments in service sector

2007-11-18 00:00:00

BEIJING, Nov 17 (Xinhua): Chinese government will gradually scrap restrictions on the destination, stock ownership and business scope of foreign investment in the service sector, an senior economic planner said here today. "China will stick to the open-up policy and...

Oil slumps from record height, metals slide

2007-11-18 00:00:00

LONDON, Nov 17 (AFP): World oil prices slid from historic heights close to 100 dollars a barrel this week on easing supply concerns. Most metals futures also fell as the dollar stabilised against the euro.OIL: Crude futures slumped further from...

Dollar falls as US industrial output dips

2007-11-18 00:00:00

NEW YORK, Nov 17 (AFP): The dollar weakened against the euro and the British pound yesterday in the wake of fresh economic news including a report that showed a surprise drop in US industrial production last month. US industrial output...

OPEC highlights importance of development instead of immediate output adjustment

2007-11-18 00:00:00

RIYADH, Nov 17 (Xinhua): The Organisation of Petroleum Exporting Countries (OPEC) ended a two-day ministerial symposium here yesterday, highlighting the importance of development instead of immediate output adjustment. In the two-day symposium which opened Thursday to prepare for the oil...