FE Report The International Finance Corporation (IFC), the private sector arm of the World Bank, Tuesday announced that Export Import Bank of Bangladesh Limited (Exim Bank) was joining its Global Trade Finance Programme. The IFC is providing Exim Bank with...
FE ReportThe US dollar gained slightly against the Bangladesh taka (BDT) Tuesday in the inter-bank foreign exchange market, as the demand for the greenback was higher, fund managers said.The exchange rate of the dollar against the BDT ranged between Tk...
UPDATED import statistics, compiled by the Bangladesh Bank, shows that the over-all imports of the country in the first eleven months of the outgoing fiscal rose by 14.88 per cent. A recent report in this paper, which quoted it, said...
Qazi AzadWHILE talking on the proposed budget at a meet, arranged by the Economic Reporters' Forum in Dhaka last Thursday, the Finance Adviser Dr. Mirza Azizul Islam responded to a proposal by some former law-makers and former ministers for having...
Fazle Rashid from New YorkDRAMATIC changes are going on in the airline industry. Once a booming business, the industry is now going through a very critical patch. The immediate reasons for the travails are skyrocketing of oil price and shrinkage...
Andrew WardUS President George W. Bush last Friday hailed the rapid growth in economic ties between the US and Vietnam but warned that the broader bilateral relationship risked being soured by Hanoi's recent clamp down on pro-democracy activists.Mr Bush delivered...
RECENTLY one of the Advisors has accused the businessmen for their non co-operation in bringing down the prices of the essentials, despite the government effort and incentive provided to the traders and importers in the form of rebate in tariff....
SO we want to change the name of the airline. But the arguments forwarded are not very convincing. Many of us would feel nostalgic about "Biman". Anyway, Bangladesh Airlines Limited is also fine. But one caution! We must be careful...
We all are mourning the death of two hawkers who were run over by a speeding pick-up van on June 22 last at Bangabandhu Avenue. The incident took place when hundreds of hawkers gathered at the makeshift market near Gulistan...
Dr. Rashid ul Ahsan Chowdhury IN recent times, the continuous price spiral of essential commodities in the market has created a dilemma and embarrassment for the government. The price of essential commodities like rice, wheat, chickpeas, garlic, edible oil, sugar...
Ahmed Showkat MasudThe price situation concerning price of essential consumer items is now the much-talked about issue at both government level as well as among the common people. Rate of inflation is rising. The price-hike of essential consumer items in...
Roel Landingin from CebuTHE Philippines is to step up tax audits of big companies in an effort to reverse tax collection shortfalls that have raised doubts over the government's plan to balance the budget next year while boosting spending on...
SINGAPORE, June 25 (AFP): From China to Singapore, Asia must nurture a culture of innovation if the region is to emerge as a formidable global player, the World Economic Forum (WEF) on East Asia was told today. With the cold...
PARIS, June 25 (Agencies): Immigration into countries belonging to the Organisation for Economic Cooperation and Development (OECD) continued to climb in 2005 while asylum requests kept sliding, according to a report published by the group today. Immigration into OECD countries...
BEIJING, June 25 (CEIS): Professor Robert Mundell, widely dubbed "father of the Euro", said here Saturday that constant pressure from the United States on China to appreciate its currency Renminbi can be interpreted as "a move to slow China's expansion"....
BASEL, June 25 (AFP): The global economy is in good health but monetary policy should be tightened to forestall risks from a possible US slowdown, inflation and capital markets volatility, the Bank for International Settlements (BIS) said yesterday. In its...
NEW DELHI, June 25 (AFP): As India struggles to deal with stagnation in its crucial agricultural sector, small-scale organic farming initiatives near the capital are providing clues on how to reap healthy profits from the land. Many farmers in India,...
FE ReportWith an aim to provide complete GSM solution and better purchasing experience to all its customers, Banglalink has recently opened a Banglalink point at Jail Road at Brahmanbaria.A senior official of Banglalink inaugurated the Banglalink point at a function.Customers...
KATHMANDU, June 25 (Xinhua): Nepali joint secretary at the ministry of foreign affairs Dinesh Bhattarai Sunday informed that Nepal would soon furnish its view on International Arms Trade Treaty (IATT) to the United Nations (UN), Nepali national news agency RSS...
BEIJING, June 25 (CEIS): China is stepping up protection of part-time workers in its highly-debated draft labour contract law. "The wages of part-time workers should not be lower than the statutory minimum wages set by local governments," said the draft,...
WASHINGTON, June 25 (AP): Robert Zoellick, President Bush's former trade chief and No 2 diplomat, appeared certain to win approval as the World Bank's next president. The World Bank's 24-member board scheduled a closed-door meeting Monday to take up Zoellick's...
SINGAPORE, June 25 (AFP): Oil prices weakened in Asian trade today after labour unions in Nigeria ended a four-day general strike in Africa's largest oil producer, dealers said. New York's main contract, light sweet crude for August delivery, was down...
TOKYO, June 25 (AFP): The dollar edged up towards a fresh four-and-a-half year high against the yen in Asian trade today as players braced for another batch of US economic data, dealers said. They said the Japanese currency was likely...
KUALA LUMPUR, June 25 (Xinhua): Malaysian rubber glove producer Supermax, the second biggest one in the world, is ready to achieve up to 35 per cent growth in both revenue and profit in 2007, local media reported today. The optimism...
BEIJING, June 25 (CEIS): China's military medical academy announced Friday that it would licence a British company to use the patent of its new anti-dementia drug based on traditional Chinese medicine (TCM), opening up a new avenue to the international...
FE ReportThe publication ceremony of a book, titled 'Harbinger of Management Development in Bangladesh', was held in the city recently. The book is a compilation of articles, contributed by 48 outstanding educationists, politicians, businessmen, executives and social workers of home...
FRANKFURT, June 25 (AFP): Consumer sentiment in Germany, the biggest economy in the eurozone, is continuing on its upward trend, buoyed by favourable developments on the labour market and a positive overall economic environment, a new poll showed today. The...
INDIA, BHOPAL, Jun 25 (PTI): Can Soybean end the woes of Maharashtra's farmers facing towering debts that are reportedly driving them to commit suicide? A study conducted by the Indian Institute of Management (IIM) Indore suggests that cultivating the oilseed...
COLOMBO, June 25 (Xinhua): Fishing restrictions imposed by the Sri Lanka Navy for fishermen in Sri Lanka's eastern coast have been relaxed, officials said yesterday. Accordingly the fishermen are afforded a further three hours for fishing, a Naval spokesman said....
Ekramul Ameen has taken over the office of the Managing Director of Meghna Life Insurance Company Limited recently, said a press release. Previously he held the position of Managing Director (CC) in the National Life Insurance Company Limited. He is...
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