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Bids for VoIP licences to be floated next week

2007-09-24 00:00:00

M Azizur RahmanBangladesh Telecommunication Regulatory Commission (BTRC) will float tender by next week for issuing licenses under the International Long Distance Telecommunication Service (ILDTS) Policy-2007 to open up the voice over internet protocol (VoIP) services to the private sector. "The...

Dhaka submits nuclear power plant proposal to IAEA next month

2007-09-24 00:00:00

FE ReportBangladesh will submit a comprehensive proposal to the International Atomic Energy Agency (IAEA) by the middle of next month for installation of a nuclear power plant in the country. A high-profile team from the IAEA, the global nuclear watchdog,...

Council to make transparent appointments to constitutional posts, says Mainul

2007-09-24 00:00:00

Adviser for Law and Information Barrister Mainul Hosein Sunday said, the Caretaker Government (CG) would form council to make appointments to the constitutional posts in a transparent and accountable manner, reports BSS.Briefing newsmen at the conference room of Ministry of...

ADB board likely to endorse $150m governance credit for Bangladesh

2007-09-24 00:00:00

A Z M AnasThe Asian Development Bank (ADB) is expected to endorse next month a US$150 million loan for Bangladesh, recognising the government's commitment to cracking down on graft, while reforming the judiciary and the executive."The ADB's board in Manila...

Govt approves 5pc cash incentives against salted fish export

2007-09-24 00:00:00

FE ReportThe government approved recently 5.0 per cent cash incentives against export of salted and dehydrated fish after reviewing its export potential abroad. The commerce ministry has taken the decision in a meeting with the Export Promotion Bureau (EPB), Bangladesh...

Share prices continue to surge on DSE

2007-09-24 00:00:00

FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) continued to surge for the third consecutive day Sunday, after the week-end holidays, due to buying spree by the investors.Market operators said the prices of the shares on the DSE...

Dollar, call rate steady

2007-09-24 00:00:00

FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Sunday in the inter-bank foreign exchange market with moderate demand for the greenback. The foreign exchange market was moderately active due to weekend in the international market.The inter-bank call...

Stalled negotiations on FTA among BIMSTEC states resume today

2007-09-24 00:00:00

FE Report The trade negotiation committee (TNC) is sitting again in Dhaka today (Monday) to move forward the negotiation process for forming a free trade bloc under the BIMSTEC umbrella. The resumption of trade negotiation indicates that the regional leadership...

LDCs likely to urge EU to extend time for restriction on Chinese textiles

2007-09-24 00:00:00

Naim-Ul-KarimThe leaders of the least developed countries (LDCs) including Bangladesh are expected to urge the EU countries to further extend the deadline for withdrawal of the 'Safeguard Measures' on import of Chinese textiles, diplomatic sources said.The European Union (EU) imposed...

science briefing :

2007-09-24 00:00:00

Alan Cane, FT Syndication ServiceDeep thinking on volcanic hotspotsUnderstanding and predicting violent disturbances in the Earth's crust, the most obvious of which are volcanic eruptions and earthquakes, requires a detailed knowledge of the relationship between the crust and the hot,...

Menon alleges govt pushes 'secret agenda' through EC Condense

2007-09-24 00:00:00

Worker's Party president Rashed Khan Menon Sunday came down heavily on the government and the Election Commission. "The government is using the Election Commission to do the unpopular job of reining in political parties because the present interim government is...

Maintaining production of essential medicines

2007-09-24 00:00:00

A new crisis is looming in the horizon from the unresolved situation in relation to importing of raw materials by the leading medicine producing companies of the country. The raw materials are absolutely needed for the manufacture of life-saving medicines,...

Higher pay and issues of morality

2007-09-24 00:00:00

Shamsul Huq ZahidThe government, reportedly, has decided to enhance the basic pay of the traffic police by 30 per cent and make available funds to police stations for conducting investigation into cases instituted with them. The decision would fulfill the...

The Bank of England loses a game of chicken

2007-09-24 00:00:00

Martin WolfI regard Mervyn King, governor of the Bank of England, as a friend. I also admire him as an economist, as a man of principle and as a public servant. Over the last one-and-a-half decades he has played a...

Secrecy can still be found - just

2007-09-24 00:00:00

Charles Batchelor"A sunny place for shady people" was W. Somerset Maugham's pithy summation of Monaco, the tax haven and resort of the wealthy in the south of France close to where the writer lived for much of his life.Whether or...

Save people this time from the ticket black marketers

2007-09-24 00:00:00

Out of the over 11 million people of Dhaka city, some 70 per cent have their roots outside Dhaka and most of them decide to go to their village homes on the joyous occasion of the coming Eid ul Fitre....

A right step by the central bank

2007-09-24 00:00:00

THE latest decision by the Bangladesh Bank to put on hold the action plan under its mid-year monetary policy statement (MPS) has drawn our attention. The decision will be considered a right step under the prevailing circumstances. It is timely...

Is a Jewish Glasnost coming to America?

2007-09-24 00:00:00

Tony Karon First, a confession: It may tell me that I hate myself, but I can't help loving Masada2000, the website maintained by militant right-wing Zionist followers of Rabbi Meir Kahane. The reason I love it is its D.I.R.T. list...

Worst places on earth are home to millions

2007-09-24 00:00:00

Stephen Leahy from Brooklyn, CanadaRapidly industrialising India and China have claimed four of the top 10 most polluted places on the planet for the first time, according to a report by U.S. and European environmental groups.In 2006, Russia topped the...

Russia eyes new aviation glory with Superjet

2007-09-24 00:00:00

PARIS, Sept 23 (Reuters): Russia will seek a boost for President Vladimir Putin's bid to revive its once mighty aviation industry this week, by rolling out its first modern commercial airliner for the global market-the Superjet.Built by the former Soviet...

Indian co to build IT park in Serb town

2007-09-24 00:00:00

INDJIJA, Serbia, Sept 23 (AFP): Goran Jesic, a young mayor with a reputation for investment coups, will sign a deal this week with an Indian company to build an IT park here, yet another win for this tiny Serbian town...

GM, UAW move closer to health care deal

2007-09-24 00:00:00

DETROIT, Sept 23 (AP): Negotiators in lengthy contract talks between General Motors Corp and the United Auto Workers were due to return to the table Sunday amid optimism that they were close to a settlement.Two people who have been briefed...

China's Chery group matures into global auto player

2007-09-24 00:00:00

WUHU, China, Sept 23 (AFP): China's Chery Auto sales vice president Jin Yibo remembers when the roof in the president's office had a leak so big that they had to put out buckets to collect the water. "Those were tough...

Surging rupee hits Indian remittances in Qatar

2007-09-24 00:00:00

DUBAI, Sep 23 (PTI): The surge of Indian rupee against the Qatari riyal is hitting remittances by Indians in the Gulf country hard as they have to shell out more riyals to buy the Indian currency. The rupee's rise against...

French businessmen complain about Russian investment

2007-09-24 00:00:00

SOCHI, Russia, Sept 23 (AFP): French businessmen complained yesterday about the numerous legal and operational difficulties faced by foreign investors in Russia at an economic forum in the southern resort of Sochi. Investors said they had confidence in Russia's economic...

World oil prices rocket to record highs

2007-09-24 00:00:00

LONDON, Sept 23 (AFP): Crude oil prices surged to all- time highs this week, striking a record peak of 84.10 dollars a barrel in New York owing to heightened concerns over tight supplies in the United States. Brent crude reached...

ACI Pure Flour, Expressions sign brand promotion agreement

2007-09-24 00:00:00

ACI Pure Flour, Expressions sign brand promotion agreement

2007-09-24 00:00:00

FE Report ACI Pure Flour Limited and Expressions Limited recently signed a brand promotion agreement. ACI Pure Flour Limited Director Syed Alamgir and Expressions Limited Managing Director Ramendu Majumdar signed the deal on behalf of their respective sides at the...

Asian currencies end week higher against dollar

2007-09-24 00:00:00

HONG KONG, Sept 23 (AFP): Asian currencies ended the week mostly higher against the dollar after the US Federal Reserve cut interest rates to try to limit the fallout from credit market distress and a severe housing downturn. JAPANESE YEN:...

India eyes Gulf food market

2007-09-24 00:00:00

Dubai, Sep 23 (PTI): India has launched a major drive to step up exports of agricultural and processed food products to the Gulf countries and attract investment in the sector. The six Gulf Cooperation Council (GCC) countries offer huge potential...