Qazi Azad THE civil servants are no longer strong pillars in the country's public administration that they should receive all the beatings for bad governance. They are no more the head of their respective ministries. The deputy commissioners and the...
Maswood Alam KhanFORMER President of India Mr. A P J Abdul Kalam once asked a young girl when she asked for his autograph, "What is your dream?" The girl instantly replied, "I want to live in a developed India." Kalam...
Nick Butler THE war in Iraq is not, of course, about oil. Coalition troops are there to advance democracy and to protect the innocent. But the consequences for the world's energy markets of an unresolved conflict in a country that...
MANILA, Sept 17 (AFP): Growth in developing Asian economies should rise more than eight per cent this year and next buoyed by strong performances from China and India, the Asian Development Bank (ADB) said today. In a regional update, it...
MANILA, Sept 17 (AFP): China will come under increasing pressure to let the yuan rise further against the dollar to deflate the bubble formed by its massive current account surpluses, the chief economist of the Asian Development Bank (ADB) said...
GUANGZHOU, Sept 17 (CEIS): China's private enterprises employed 120 million people by September this year, up 9.5 per cent from the same month a year ago, said a senior official recently. "The private sector of the economy is a main...
NEW DELHI, Sept 17 (PTI): India will not open its cards on offering market for industrial goods in the World Trade Organisation (WTO) talks unless the rich nations come upfront with their offers on cutting the agricultural subsidies, a senior...
JAKARTA, Sept 17 (AFP): The Asian Development Bank (ADB) said today it had slightly upgraded its growth forecast for Indonesia for 2007-08 due to stronger than anticipated growth in private consumption and investment. The ADB said it lifted its 2007...
BEIJING, Sep 17 (PTI): China's largest coal conglomerate, Shenhua Group will produce the energy-hungry nation's first barrel of liquid fuel from coal in 2008 using a technology known as direct coal liquefaction. "We have finished 95 per cent of the...
SINGAPORE, Sept 17 (AFP): World oil prices fell today in Asian trade, easing back from record highs reached last week, dealers said. New York's main futures contract, light sweet crude for delivery in October, was 52 cents lower at 78.58...
KATHMANDU, Sept 17 (Xinhua): Nepal's state-run Nepal Telecommunication (NT) announced Monday that the distant charge and domestic roaming charge for GSM and CDMA phones will be waived starting from Tuesday. The move is in tune with a cabinet's decision taken...
LONDON, Sep 15 (PTI): Worried over ageing? Just start taking a spoonful of honey every day. Yes, according to scientists, honey could help counter the effects of ageing and decrease anxiety, the 'Daily Mail' reported here yesterday. "Diets sweetened with...
FE ReportThe government borrowed Tk 9.00 billion (900 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 9.00 billion from the market in the week.The central bank conducted auctions of 28-day and 91-day, 182-day and...
FE ReportBangladesh Foreign Exchange Dealers' Association (BAFEDA) and Standard Chartered Bank (SCB) jointly organised a five-day BOURSE course in the city on September 9-13. A number of inter-bank foreign exchange dealers from the country's central bank, nationalised commercial banks and...
FE ReportRahimafrooz Distribution Ltd organised its Annual Dealers Convention 2007 at Pan Pacific Sonargaon Hotel in the city recently. More than 165 dealers of the organisation participated in the convention.The programme was attended, among others, by Chairman of the company...
FE ReportMutual Trust Bank Ltd has organised a seminar on Anti-Money Laundering at the bank's head office in the city recently. Deputy Managing Director (DMD) of the bank Quamrul Islam Chowdhury inaugurated the seminar, said a press release.Deputy General Manager...
FE ReportICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset value (NAV) of its two unit funds.The total NAV of the ICB AMCL Unit Fund stood at Tk 48,11,64,275.53 on the basis of...
FE ReportDutch-Bangla Bank Limited (DBBL) recently organised a four-day orientation course for its newly recruited assistant officers (cash) at the bank's training centre in the city. DBBL Managing Director (MD) Md Yeasin Ali inaugurated the course as the chief guest,...
FE ReportChief of Army Staff General Moeen U Ahmed, ndc, psc unveiled two books titled 'Controller General Defence Finance (CGDF) Procedure Manual 2007' and 'Audit and Accounts Practices Handbook 2006-07, Volume-11 (Defence Finance)' and 28 manuals prepared for the field-level...
FE ReportIslami Bank Bangladesh Limited (IBBL) opened its 183rd branch at Chagalnaiya recently at New Market (1st floor), Chagalnaiya, Feni. IBBL Director Md Shamsul Huda was present as the chief guest of the inaugural function presided over by Deputy Executive...
Our CorrespondentSIRAJGANJ, Sep 17: The owners of traditional oil mills or 'ghani' have been facing hard times in the northern districts of Sirajganj and Pabna. According to sources, there was a time when over 1,800 people earned their livelihood by...
FE ReportCitigroup Global Markets Bangladesh Private Ltd, the first-ever Bangladesh incorporated entity of Citi, the world's largest financial institution, was formally awarded a full-fledged merchant banking licence Sunday, said a press release.Chairman of the Securities and Exchange Commission (SEC), Bangladesh...
FE ReportFrom now on the Credit Rating Agency of Bangladesh Limited (CRAB) would carry out the credit rating services of Bangladesh National Insurance Limited.In this connection, an agreement was signed between the two organisations in the city recently, said a...
BANGKOK, Sept 17 (AP): Asian markets were mostly lower Monday, with Japan closed for a holiday and traders in most other markets cautious ahead of Tuesday's meeting of the US Federal Reserve to decide on interest rates.Market indices in Shanghai...
LONDON, Sept 17 (AFP): Europe's main stock markets wobbled for a second straight trading day Monday as banking share prices extended heavy losses led by troubled Northern Rock. Britain's fifth-biggest mortgage lender again lost almost one third of its share-price...
FE ReportHolcim (Bangladesh) Ltd has recently organised its first dealers' meet at Guwahati in Assam. Koshangee and Associates, a newly appointed Holcim dealer at Guwahati, organised the event attended by about 150 dealers, retailers, engineers and other construction professionals.Regional Sales...
Our CorrespondentCHITTAGONG, Sept 17 : Pizza Hut, the second outlet of country's pioneering pizza restaurant, observered its 2nd anniversary recently.Representatives from all leading dailies, dignitaries and a host of guests took part in the day-long celebration. Additio-nally, Pizza Hut brought...
Spot market trading Spot market trading and block/odd lot transactions of the shares of Asia Pacific General Insurance Company Limited will be settled as per spot settlement cycle with cum benefit between today (Tuesday) and September 26, '07. Trading of...
ISLAMABAD, Sept 17 (Agencies): Legal wrangling over President Gen. Pervez Musharraf 's re-election bid intensified Monday after exiled former leader Benazir Bhutto accused the general's allies of pushing Pakistan toward a dangerous crisis by refusing to restore democracy and share...
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