ISLAMABAD, July 27 (Agencies): A suicide bomber blew himself up among a group of policemen during clashes at the Red Mosque in Pakistan's capital, killing at least ten people and wounding many more, officials said. The blast came as hundreds...
The state-owned Biman Bangladesh Airlines, which operated since its inception as a corporation under the government, officially started the other day its journey as a public limited company (PLC), registered under the Companies Act 1994. The change of its status,...
Syed Ishtiaque RezaHEAVY rains across Bangladesh over the last couple of weeks have left the administration counting the cost in lives and destruction of property. Torrential rains pounded the country, causing floods and mudslides that have left scores of people...
Simon BriscoeHANS Rosling wants to help people make sense of the world by "unveiling the beauty of statistics". One of a few bright lights in the world of number crunchers, the professor of health at Sweden's Karolinska Institute thinks figures...
Shamim AhmedCONSUMERS complain often about the lack of purity of the diesel, octane, petrol and kerosene which they consume. Owners of motorised vehicles often have to send their transports to repairing garages where engine dysfunctions are explained as owing to...
AN economist of the standing of a full professor of economics of Dhaka University, who illuminated a state-owned specialised bank as its chairman, was heard spelling out a wonderful formula on a local TV channel about how to resolve the...
COARSE flour or ata, as we all call it, is now being sold at Tk 29 per kg as if it has registered a new height of its dignity. The girl at our residence bought two packets of the Pusti...
Khan Ferdousour Rahman FOR establishing good governance, transparency, accountability, efficiency and rule of law are the prerequisites, which have for long been far from practice in Bangladesh. Here several issues are constraining the very process of good governance and working...
Anas IbrahimTHE approaches to inflation differ widely between developing and developed countries. According to Friedman's quantity theory of money, there is a general agreement that growth in the quantity of money is the primary determinant of the inflation rate (Mankiew,...
Edward Luce US intelligence agencies warned America recently that it had moved back into a "heightened threat environment", to a large extent because al-Qaeda had found a safe haven in Pakistan with which to rebuild its leadership. Yet there are...
Mahbubur RahmanSHINEPUKUR Holdings Limited, a public limited company, raised share capital more than a decade back by selling one share at Taka 110 but this share is hardly worth Tk 20 in the share market. Shinepukur did not pay any...
SINGAPORE, July 26 (AFP): Oil prices continued higher in Asian trade today, extending overnight gains despite US data showing refineries boosted output and an increase in key seasonal gasoline (petrol) stocks, dealers said. New York's main oil futures contract, light...
KATHMANDU, July 26 (Xinhua): The Ministry of Agriculture and Co- operatives (MoAC) has unveiled a policy focusing on commercialization of the agricultural sector for the fiscal year 2007/08 in Nepal, The Kathmandu Post reported today. Under the fiscal policy, starting...
BEIJING, July 26 (AFP): Amid spiralling food costs, Chinese authorities are concerned about a sudden spike in the price of instant noodles-one of the nation's most popular dishes-state press reported today. The price of a packet of instant noodles has...
HANOI, July 26 (Xinhua): Vietnam is encouraging both domestic and foreign investors to build power plants and transmission lines to ensure that the local electricity sector will serve its socioeconomic development with a targeted economic growth of 8.5-9 per cent...
YANGON, July 26 (Xinhua): Myanmar has designated the platform around its world's famous Shwedagon Pagoda in Yangon as tobacco- and betel- free zone, banning smoking and taking of betel leaf there with effective from this weekend, local media reported today....
SYDNEY, July 26 (AFP): Australia is considering selling uranium to India after New Delhi finalised a landmark civilian nuclear deal with the United States, the government said today. Australia has the world's largest known reserves of uranium and has been...
NEW DELHI, July 26 (AFP): India's top mobile phone company, Bharti Airtel, said its first-quarter net profit doubled as customer numbers soared in the world's fastest-growing wireless market. Net profit for the three months to June jumped 100 per cent...
BRUSSELS, July 26 (AFP): EU antitrust regulators yesterday levelled formal charges against banana wholesalers suspected of running an illegal cartel, a source told AFP Wednesday. Taking the first legal step towards potentially huge fines, the European Commission sent charge-sheets to...
The ACME Laboratories Ltd, one of the largest pharmaceutical companies in the country has launched a new non-sedative muscle relaxant drug A-Calm (Tolperisone), said a press release. The product is marketed as 50mg tablet. A-Calm is indicated for low back...
SEOUL, July 26 (AFP): South Korea's top automaker Hyundai Motor said today its net profit rose sharply in the second quarter to June thanks to cost cuts and brisk sales of premium cars. Quarterly net profit from worldwide operations soared...
HONG KONG, July 26 (AFP): Economic growth in emerging East Asia was stronger than expected in the first half this year but soaring capital inflows have become a big concern, the Asian Development Bank (ADB) said today. Strong consumption and...
WASHINGTON, July 26 (Agencies): The International Monetary Fund (IMF) yesterday revised upward its forecast for global growth in 2007 to 5.2 per cent, compared to the 4.9 per cent pace previously estimated, with projections for China, Germany, India and Russia...
GENEVA, July 26 (AFP): The United States and prominent developing nations yesterday dampened hopes of swift progress in stuttering global trade talks by sharply criticising proposals for cuts in barriers to industrial goods trade. The US ambassador to the World...
WASHINGTON, July 26 (AFP): In his first trip abroad as World Bank president, Robert Zoellick will visit the Asia-Pacific region July 30-August 9, including Australia, Japan, Cambodia and Vietnam, the bank said yesterday. Zoellick, who took office on July 2,...
HANOI, July 26 (AFP): Vietnam is headed for a record trade deficit this year after the gap widened to 5.45 billion dollars in the first seven months, more than last year's total, the government said today. Imports have vastly outpaced...
WELLINGTON, July 26 (AFP): New Zealand's central bank raised interest rates today for the fourth successive time this year due to sustained inflationary pressures. Reserve Bank of New Zealand Governor Alan Bollard raised the official cash rate (OCR) by a...
BEIJING, July 26 (AFP): China will introduce new rules to improve the safety of its toys, as the country's massive industry faces international condemnation over its exports, a top official was quoted as saying today. The world's biggest maker of...
WASHINGTON, July 26 (AFP): The US economy is growing at a generally "moderate" pace despite a patchy performance in some regions and a weak real estate market, the Federal Reserve said in its Beige Book report yesterday. The report, to...
KABUL, July 26 (AFP): Afghan and US-led forces killed more than 50 Taliban in a 12-hour battle in the country's opium- growing heartland, while ten rebels and a policeman died in separate fighting, officials said Thursday. Coalition warplanes were called...
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