William WallisLAST December the government of Senegal slashed its long-standing subsidy on cooking gas under pressure from a growing budget deficit and from foreign donors called in to plug the gap.The subsidy was originally put in place under pressure from...
Samiul HaqueAFTER dipping considerably in recent months, the rate of inflation has increased a little though it is officially counted to be below 8.0 per cent. The Finance Adviser has, once again, assured all concerned in this connection that inflation...
Honestly speaking, I was appalled to know through the FE issue of last Thursday that the Director General of the Bangladesh Betar has initialed an agreement along side the BBC Bangla service Chief on behalf of their respective organizations for...
Hard observers at field levels know it that the official family planning programme is not running well. The door to door visitors of the family planning department to households are hardly seen doing their job. Although they are paid from...
After so many articles and reports in the media, the government finally went for rehabilitating 7,000-8,000 evicted slum-dwellers through constructing buildings on two plots of land of the Ministry of Work in Mohakhali and Mirpur areas in the city. This...
ATM Abdul WahabLANDSLIDES in Chittagong on the night of June 10-11, 2007 once again proved the severe effect of global warming. During the twenty four hours, rainfall was 267 mm highest in 25 years. Torrential rains sparked a series of...
The fundamental principle of state policy enshrined in article 15 of part ii of the constitution of the People's Republic of Bangladesh stipulates "a steady improvement in the material and cultural standard of living of the people". According to this...
LOOKING at Bangladesh in a geographical sense, the country is split into two halves by the mighty Jamuna, Padma and Meghna rivers. These three rivers combine to divide the country in nature's own way. But nature has also divided Bangladesh...
ISLAMABAD, July 6: Pakistan President Pervez Musharraf's plane was fired on as it took off Friday from a military airfield in Rawalpindi, an intelligence officer said, contradicting official denials.Gen. Musharraf's plane arrived safely in the southwestern town of Turbat, where...
LAGOS, July 6 (AFP): Gunmen who kidnapped a three-year- old British girl in southern Nigeria said they would kill her unless her father takes her place, the girl's mother told the BBC on Friday. "They say I can bring my...
BAGHDAD, July 6 (AFP): A car bomb ripped through guests at a wedding party in southern Baghdad Thursday, killing 17 people and wounding the bride and groom, security and defence officials said Thursday. The blast erupted outside a photographer's studio...
BANGKOK, July 6 (AFP): A military-appointed council was set Friday to approve its final draft of a new constitution that is meant to guide Thailand back to democracy after last year's coup. The document will go to a referendum next...
WASHINGTON, July 6 (AFP): The US spacecraft Dawn, due to launch Sunday, will take a close look at two massive asteroids to try to penetrate the mystery of our solar system's origins 4.6 billion years ago. By examining the two...
KABUL, July 6 (AFP): A mass grave containing hundreds of bodies has been discovered in an underground prison north of the Afghan capital, the BBC reported early Friday. Police General Ali Shah Paktiwal told the BBC the grave was unearthed...
Minority parties announce coalition in East Timor DILI, July 6: BSS/AFP) - Minority parties in East Timor headed by a party set up by independence leader Xanana Gusmao announced Friday they have formed a coalition and would seek to form...
FE ReportPrices of onion increased and green chilli declined while the prices of other essential commodities remained unchanged in the city markets over the past week.Traders said prices of onion increased mainly due to decline in supply of the item...
Islami Bank Bangladesh Limited (IBBL) is contributing a lot towards the prosperity and development of the country. The total deposit of the previous six months is Tk 148.25 billion (14,825 crore) showing a growth rate of 26 per cent against...
FE ReportWalton has announced a full-month rainy season gift programme. Deputy Director of RB Group Amdadul Haque Sarker announced the programme in a press conference in the city recently. During the programme the customers will get different types of attractive...
FE ReportWucherer, a member of the corporate executive committee of Siemens AG, arrives in city today (Saturday). In 2002 he was chosen as the president of International Electrical Congress (IIEC) Germany.Wucherer completed his studies both in Electrical and Mechanical Engineering....
Sarwar ZahanThe inter-bank call money rate sustained its steady level last week despite withdrawal of large amounts of cash through auctions of reverse repurchase agreement (repo) and treasury bills, Bangladesh Bank (BB) bills and Bangladesh Government treasury (BGT) bonds, fund...
Commercial Bank of Ceylon LimitedJuly 02-July 05, 2007The demand for the US dollar went south in the first week of July 2007 due to increased supply. Usually Bangladesh receives inward remittances from wage earners in the first week of every...
FE Report The Biman Bangladesh Airlines (BBA) has planned to hire more than 900 out of 1,863 employees who availed themselves of the voluntary retirement scheme (VRS) or the golden handshake programme until June 20 last, sources said.They said the...
Doulot Akter MalaThe government has launched an investigation against importers of new cars amid widespread allegation of duty evasion.It has been alleged that a section of importers are bringing in new cars showing lower than actual prices in the invoices...
BNP secretary general Abdul Mannan Bhuiyan Friday claimed that he has made proposals to reform BNP in accordance with the party constitution, report agencies."We are doing everything as per (party) constitution," he told reporters at his Gulshan residence when his...
Awami League (AL) presidium member Ataur Rahman Khan Kaiser Friday doubted authenticity of AL general secretary Abdul Jalil's letter to Chief Adviser Fakhruddin Ahmed.Jalil, in a four-page letter addressed to Chief Adviser Fakhruddin Ahmed and signed July 2, announced his...
FE Report Higher lending rates and persistently high interest rate spreads are the main reasons for weak financial intermediation and inefficiencies in the banking sector of Bangladesh, said International Monetary Fund (IMF)."Bangladesh's bank lending rates are on average around 15...
Andrew Jack, FT Syndication Service GENEVA: More than 150 companies round the world last Thursday pledged to reduce their carbon emissions voluntarily and raise energy efficiency with targets which they will make public and report on each year starting in...
Awami League (AL) presidium member Suranjit Sengupta Friday left the city for Canada by a flight of Emirates Airways to see his ailing son. Suranjit's son Soumen Sengupta studies in Canada. The AL leader will stay there for three weeks....
A teenage girl allegedly committed suicide by hanging herself at her house at Ghurni Hazipara in the city's Khilkhet area early Friday. The dead was identified as Farida Yasmin, 16, daughter of Mujibur Rahman. Police said Farida took her life...
FHM Humayan KabirThe country's net annual inflow of foreign assistance has fallen due to higher repayment of debt and shrinking overseas aid disbursement putting pressure on external balance, official sources said.They said the government spent US$620.54 million on debt servicing...
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