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Uplift efforts to go in vain unless population growth checked

2007-06-19 00:00:00

Adviser for Health and Family Welfare ASM Matiur Rahman said Sunday government's various efforts for development of the health sector would go in vain unless the rising population rate is checked, reports BSS.So, the adviser said, the government has been...

Brahmaputra erosion devours 25 houses

2007-06-19 00:00:00

SHERPUR, June 18 (UNB): Over 100 families in Sadar Upazila are passing their days in great anxiety as erosion by the river Brahmaputra is approaching fast towards their villages and has already devoured 25 houses of Bagolgarh village.Local people said...

Narcotics worth Tk 17m destroyed

2007-06-19 00:00:00

KURIGRAM, June 18 (UNB) : Narcotics worth about Tk 17 million were destroyed at 'T' dam area on the bank of Dharala river Sunday noon.Official sources said the narcotics included 40 maunds of hemp, 500 bottles of liquor, 2,000 bottles...

Northerners for increased subsidy in budget for dev of industrial sector

2007-06-19 00:00:00

RAJSHAHI, June 18: Discussants at an exchange of view meeting on Thursday entitled "Proposed Budget 2007-08" organised by Rajshahi district unit of Campaign for Good Governance (CGG) called for an increased subsidy in the budget for the development of the...

WTO chief in China seeking breakthrough in Doha trade talks

2007-06-19 00:00:00

BEIJING, June 18 (PTI): With the Doha round entering a "crunch" phase amid hectic efforts by the US, EU, India and Brazil to revive the trade talks, the Director-General of the World Trade Organisation (WTO) Pascal Lamy is here to...

Moscow remains world's most expensive city for expatriates

2007-06-19 00:00:00

LONDON, June 18 (AFP): Moscow remains the most expensive city in the world for expatriate staff, according to a survey released today by British human resources firm Mercer HR. But the study saw London leap three places from fifth to...

China's economic growth remains sustainable

2007-06-19 00:00:00

SHANGHAI, June 18 (AFP): China's double-digit economic growth remains sustainable with the rapid expansion expected to continue over the next few years, state media reported today, citing a senior government adviser. China's economy has kept growing at double-digit rates for...

Shanghai set to overtake Singapore as world's busiest port

2007-06-19 00:00:00

SINGAPORE, June 18 (AFP): Shanghai is set to overtake Singapore as the world's busiest port in 2008 as the Chinese economy continues with its stellar growth, an executive of the city-state's port operator said in remarks published today. Flourishing global...

Sarkozy to move fast on economic reform after poll victory

2007-06-19 00:00:00

PARIS, June 18 (AFP): French President Nicolas Sarkozy, with a strong, if reduced, parliamentary majority in hand, plans to waste no time in rolling out his ambitious and contested programme of economic reforms. Previous French governments of both left and...

India sees scope of economic co-op with Indonesia

2007-06-19 00:00:00

NEW DELHI, June 18 (PTI): India has said there is possibility of closer economic cooperation with Indonesia as External Affairs Minister Pranab Mukherjee arrived in Jakarta Sunday to push the "Look East" policy. Mukherjee would be in Indonesia for two...

Beijing becomes top destination of ROK businessmen

2007-06-19 00:00:00

BEIJING, June 18 (CEIS): More than 700,000 Korean people are running some 30,000 companies across China, making it the top destination for investment from the Republic of Korea (ROK), according to a recent business forum. European countries and the United...

Supply of migrant workers to Chinese cities drying up

2007-06-19 00:00:00

BEIJING, June 18 (CEIS): The supply of migrant workers to Chinese cities is drying up, according to a new survey conducted by the Development Research Centre of the State Council. The survey, which covered 2749 villages in 17 provinces and...

S'pore key exports recover in May with 3.7pc rise

2007-06-19 00:00:00

SINGAPORE, June 18 (AFP): Singapore's key exports recovered in May to grow 3.7 per cent from last year after declining in the previous month, boosted by a hefty jump in pharmaceuticals shipments, the government said today. On a month-on-month seasonally...

Rural community lenders providing loans to farmers, businesses

2007-06-19 00:00:00

BEIJING, June 18 (CEIS): China has opened 18 rural community banks by the end of May offering farmers easier access to loans and providing credit to businesses in the countryside that want to expand. The small lenders include nine village...

Oil prices higher in Asian trade

2007-06-19 00:00:00

SINGAPORE, June 18 (AFP): Oil prices were slightly higher in Asian trade today as the market continued to focus on US gasoline (petrol) reserves, dealers said. New York's main contract, light sweet crude for July delivery, was up two cents...

Philippine official rejects accusation on agriculture cooperation with China

2007-06-19 00:00:00

MANILA, June 18 (CEIS): Philippine Agriculture Secretary Arthur Yap yesterday rejected accusations by some "non- government" groups and individuals that the Philippine-Chinese agricultural cooperation is against the interests of the Filipino farmers. In a statement, Yap said there is nothing...

Malaysia to get palm oil int'l certification by 2010

2007-06-19 00:00:00

KUALA LUMPUR, June 18 (Xinhua): Malaysia plans to get international certification for palm oil by 2010 to deal with the negative perception that its production harms the environment and kills wildlife, local media reported today. With the certification, palm oil...

Yen hits new low against euro,on backfoot against dollar

2007-06-19 00:00:00

TOKYO, June 18 (AFP): The yen slipped to a record low against the euro in Asian trade today as expectations faded of a quick hike to Japan's super-low interest rates, dealers said. Market players also digested softer-than-expected inflation figures from...

Daihatsu Motor co to withdraw from Vietnam

2007-06-19 00:00:00

TOKYO, June 18 (AFP): Daihatsu Motor Co., a unit of the Japanese auto giant Toyota Motor, said today it will withdraw from manufacturing cars in Vietnam, blaming high taxes in the booming economy. Daihatsu, a small car specialist, said it...

Asian stocks climb for third day on Yen

2007-06-19 00:00:00

TOKYO, June 18 (Bloomberg): Asian stocks rose for a third day, driving benchmarks in China, Hong Kong and South Korea to records, as prices of metals and crude oil advanced and the yen weakened against the dollar. Rio Tinto Group...

Huge potential for China-Russia trade in vehicles, auto parts

2007-06-19 00:00:00

HARBIN, June 18 (CEIS): There is huge potential for cooperation between China and Russia in the automotive trade, an official with the ministry of commerce said at the first Sino-Russian forum on the auto market held here yesterday. Zhi Luxun,...

Vietnam produces more sugar

2007-06-19 00:00:00

HANOI, June 18 (Xinhua): Vietnam's sugar plants churned out over 1.1 million tons of the product in the 2006-2007 sugarcane crop ending in June, up 51.7 per cent over the previous crop, local newspaper People reported today. In the 2006-2007...

New Zealand central bank intervenes in forex market

2007-06-19 00:00:00

WELLINGTON, June 18 (AFP): New Zealand's central bank intervened in the foreign exchange market today in an attempt to bring down the value of the local currency from near two-decade highs, market sources said. The New Zealand dollar fell from...

China airlines to raise ticket prices by up to 30pc

2007-06-19 00:00:00

BEIJING, June 18 (AFP): Chinese airlines are preparing to raise ticket prices by up to 30 per cent during the summer high travel season that begins on July 1, state press reported today. Several Chinese airlines will also limit discounts...

S'porean investors seek spl economic zone

2007-06-19 00:00:00

Singapore sought establishment of a special economic zone (SEZ) in Bangladesh for the Singaporean investors for boosting investment, reports UNB.A trade delegation of the Textile and Fashion Federation (TFF) of Singapore placed the plea for establishing the SEZ when they...

FMO, StanChart sign deal with three PCBs on BDTEF

2007-06-19 00:00:00

FE ReportNetherlands Development Finance Company (FMO) and Standard Chartered (StanChart) Bank recently signed an agreement 'Bangladesh Trade Enhancement Facility (BDTEF)' with three private commercial banks (PCBs).With its trade enhancement facility, the FMO partly guarantees the confirmation by StanChart Bank for...

Export earnings increase by 18.50pc

2007-06-19 00:00:00

The country's export earnings in the first 10 months of the current fiscal stood at $9912.79 million (991.279 crore) against the target of $9990 million, reports BSS.According to an Export Promotion Bureau (EPB) handout, the export earnings from July 2006...

IBBL signs remittance deals with UAE, Malaysian cos

2007-06-19 00:00:00

FE ReportIslami Bank Bangladesh Limited (IBBL) has recently signed two remittance deals with Al Ansari Exchange Establishment of UAE on instant cash and Bank Muamalat Malaysia Berhad of Malaysia on remittance.IBBL Deputy Executive President Mohammad Abdul Mannan and Al Ansari...

Panasonic AC scratch card campaign rewards consumers

2007-06-19 00:00:00

FE ReportPanasonic handed over discount vouchers to two of the lucky winners of its ongoing 'Panasonic Air-conditioner Scratch Card Campaign' at a function in the city Sunday.Anisur Rahman Khokon of MK Electronics handed over the 25 per cent discount vouchers...

RAKUB holds board meeting

2007-06-19 00:00:00

The 308th meeting of the board of directors of Rajshahi Krishi Unnayan Bank (RAKUB) was held Sunday at the bank's head office in Rajshahi, reports BSS. RAKUB sources said, several important decisions on different issues, including manpower structure, service rules,...