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KP Int'l knitting industry starts operation at UEPZ

2007-07-20 00:00:00

RANGPUR, Jul 19 (BSS): An export-oriented and modern knitting industry of KP International went into production at Uttara Export Processing Zone (UEPZ) in Syedpur town of Nilphamari district from Wednesday, officials said.Chairman of the knitting industry Kawser Parveen formally switched...

Workshop on human resource management starts at ABTI

2007-07-20 00:00:00

FE ReportA workshop on 'Human Resource Management' and 'Management of Foreign Remittance and Customer Services' started at Agrani Bank Training Institute (ABTI) in the city Sunday.Managing Director (MD) and Chief Executive Officer (CEO) of Agrani Bank Syed Abu Naser Bukhtear...

Agri-equipment show at Tangail

2007-07-20 00:00:00

Our CorrespondentTANGAIL, Jul 19: A week-long agricultural equipment exhibition has begun at the Shaheed Smrity Pouro Udyan in the town. The exhibition has been jointly organised by the district administration and the district Agricultural Extension Department (DAE), Tangail. Deputy Commissioner...

Berger to organise competition for young artists

2007-07-20 00:00:00

FE ReportBerger Paints will organise an art competition, namely The 12th Berger Young Painters' Art Competition (BYPAC) later on this year, said a press release. To make this auspicious occasion more memorable, young artists have been urged to sent their...

Al-Arafah Islami Bank holds workshop on BASEL-II

2007-07-20 00:00:00

FE ReportAl-Arafah Islami Bank Ltd (AIBL) held a day-long workshop on 'Implementation of BASEL-II and Core Risk Management Guidelines' for its managers at AIBL Training and Research Academy in the city recently, said a press release.Managing Director MA Samad Sheikh...

BKB achieves success in Narsingdi

2007-07-20 00:00:00

NARSINGDI, July 19 (BSS)- Bangladesh Krishi Bank (BKB) Narsingdi region has attained a success in recovery of outstanding loan including its classified loans during the last fiscal, BKB sources said.The Bank realized Taka 75,33,31000, including classified loan Taka 13,25,30,000, through...

Comprehensive actions to protect people's health

2007-07-20 00:00:00

People were inspired by actions on food adulterers and the like by the mobile courts. But the actions have also led to people becoming acutely conscious about how massively they are being targeted by the adulterers. The anti-adulteration drive so...

A right step that needs follow-up supports

2007-07-20 00:00:00

Syed Ishtique RezaFINALLY the long-awaited Small and Medium Enterprise Foundation has been launched. Finance Adviser Mirza ABM Azizul Islam launched it last Tuesday in the presence of the country's front-ranking business leaders, policy planners and representatives of think tanks.Aziz said...

Getting benefits from information technology

2007-07-20 00:00:00

M. Saleem UllahUNLESS there is a huge hue and cry followed by deaths of some people in the hands of either the political, social goons or by the law-enforcing agencies, the people in power cannot see things even in front...

Arsenic filter offers hope to millions

2007-07-20 00:00:00

Jeffrey ThomasTHE winner of a prestigious engineering prize is working hard to ensure that needy communities around the world benefit from his invention, which removes arsenic and other impurities from water drawn from tube wells.Abul Hussam, a chemistry professor at...

Chasm between theory and practice

2007-07-20 00:00:00

IT is said when two economists meet and discuss some topical issues that concern their profession, they have three opinions. It is understandable. Economics is a social science and, thus, being not a natural science, cannot correlate cause and effect....

CG to score well on prices

2007-07-20 00:00:00

The interim caretaker government(CG) is seen to be doing many good things. From depoliticising the administration to taking tough actions against corrupt persons, it is doing a great deal and the same are considered to be in line with people's...

Improving juvenile prison system

2007-07-20 00:00:00

MANY children of our country are deprived of their very basic rights. They are supposed to have a better childhood, amid happiness. Instead, they are in many cases found to lead a life with an ordeal having inadequate food, shelter,...

China's economy roars ahead, clampdown expected

2007-07-20 00:00:00

BEIJING, July 19 (AFP): China's economy expanded at a roaring 11.9 per cent in the second quarter, official data showed today, prompting warnings that the government will clamp down hard to stop serious overheating.The much faster-than-expected pace lifted China's first...

Bernanke sees steady US economy despite potential perils

2007-07-20 00:00:00

WASHINGTON, July 19 (AFP): Despite a host of potential economic perils, Federal Reserve chief Ben Bernanke says he believes the US economy will pull through 2007 and into 2008 in relatively good shape.Bernanke, delivering the Fed's much-anticipated semiannual economic report...

African leader appeals to US for 'more time' on trade

2007-07-20 00:00:00

ACCRA, July 19 (AFP): Ghana's President John Kufuor urged the United States yesterday to extend a preferential trade agreement for Africa by at least five years, to give the continent more time to boost its infrastructure.Kufuor told the opening of...

Global airports welcome record 4.4b passengers in '06

2007-07-20 00:00:00

GENEVA, July 19 (Xinhua): World international and domestic airports handled a record number of 4.4 billion passengers in 2006, a 4.8 per cent increase over 2005, the Airports Council International (ACI) said yesterday.Meanwhile, 85.6 million metric tons of cargo were...

Business in Turkey unruffled by looming election

2007-07-20 00:00:00

ISTANBUL, July 19 (AFP): General elections in Turkey are usually a time of economic jitters, but markets, business and analysts, confident in the economy's new-found stability, remain cool ahead of Sunday's vote, convinced that the current administration will stay on.Last...

WTO issues fresh drafts on agriculture, tariffs

2007-07-20 00:00:00

LONDON, July 19 (PTI): In a renewed effort to bring the global trade talks back on track, the World Trade Organisation (WTO) Tuesday issued fresh drafts on the most contentious issue of cutting farm subsidies and reducing industrial tariffs.The release...

Nepali central bank urged for balanced, flexible monetary policy

2007-07-20 00:00:00

KATHMANDU, July 19 (Xinhua): Bankers and entrepreneurs in Nepal have urged the Nepal Rastra Bank (NRB) to devise a "balanced and flexible" monetary policy for the current fiscal year starting on July 17, in order to give an impetus to...

China's big trade surplus caused by income disparity

2007-07-20 00:00:00

BEIJING, July 19 (CEIS): The disparity of income distribution has caused big trade surplus, said Qiu Xiaoping, Director of Labour and Salary Department of Labour and Social Security Ministry.Qiu said that, in a long run, the lift of employees' wages...

Canada inflation steady at 2.2pc

2007-07-20 00:00:00

OTTAWA, July 19 (AFP): Consumer prices in Canada increased by 2.2 per cent in June, compared with June 2006, with identical hikes in both April and May, Statistics Canada said yesterday.Inflation was lower than expectations, but analysts said the central...

Laos calls for more foreign investment

2007-07-20 00:00:00

HANOI, July 19 (Xinhua): Laos is appealing for more foreign investors, especially Vietnamese ones, to do business in its capital Vientiane, local newspaper Vietnam News reported yesterday.The Lao government has encouraged all forms of foreign investment from business cooperation contracts...

Food price rise a major driving force for first-half CPI in China

2007-07-20 00:00:00

BEIJING, July 19 (Xinhua): Price hike for foodstuff, mainly grain, meat and fowl and eggs, contributed significantly to the rise of China's consumer price index (CPI) in the first half of this year, Li Xiaochao, spokesman with the National Bureau...

Dollar languishes near record low against euro

2007-07-20 00:00:00

TOKYO, July 19 (AFP): The dollar stayed near record lows against the euro in Asian trade today as the market digested a warning by US Federal Reserve chairman Ben Bernanke that housing problems could worsen, dealers said. They said European...

Olive oil producers seek Chinese, Indian buyers

2007-07-20 00:00:00

MADRID, July 19 (AFP): A global body representing olive producers based in Madrid said yesterday it planned to launch marketing campaigns in China and India to promote the consumption of olive oil in the two emerging markets. The International Olive...

TOTAL Lubricant marketeers receive prizes

2007-07-20 00:00:00

FE Report The prize giving ceremony of a marketing promotion campaign titled "Best of the Best" launched by TOTAL Lubricant for the dealers and agents of Padma Oil Company Ltd (POCL) was held at a city hotel recently. Chairman of...

Industrial commodity prices will remain high in 2008

2007-07-20 00:00:00

LONDON, Jul 19 (store.eiu.com): Demand for most industrial commodities continues to run ahead of supply. As a result, prices (as measured by the Economist Intelligence Unit's Industrial Raw Materials (IRM) price index) will rise by an average of 12 per...

Oil prices ease in Asia

2007-07-20 00:00:00

SINGAPORE, July 19 (AFP): Oil prices were easier in Asian trade today after sharp gain overnight following an unexpected decline in US gasoline (petrol) inventories, dealers said. New York's main contract, light sweet crude for August delivery, dipped four cents...

China to set up agency to manage natural resources

2007-07-20 00:00:00

BEIJING, Jul 19 (Dow Jones Newswire): China's Ministry of Land and Resources said Wednesday it will set up an agency to manage the country's natural resource reserves. The agency will study how to set up a strategic reserve mechanism for...