Celestine BohlenViktor Gerashchenko, chairman of OAO Yukos Oil Co., sits in his almost-empty office on the 10th floor of the now-bankrupt oil giant's headquarters, its logo stripped from the roof, lobby and doors. The building in central Moscow is a...
GENEVA, Sept 4 (AFP): Trading nations yesterday launched a three-week drive to break a long-standing deadlock in key agricultural negotiations at the World Trade Organisation (WTO), officials said. "They are all in a mood to roll their sleeves up and...
NEW DELHI, Sept 4 (AFP): India should escape major fallout from the US subprime credit turmoil thanks to its largely insulated economy but the country's outsourcing sector has cause for concern, economists said. While the nation of 1.1 billion people...
PHNOM PENH, Sept 4 (AFP): Cambodia's private sector today urged the government to allow foreign ownership of certain properties like apartments or factories, saying a liberalised real estate market would spur economic growth. Under the current rules, foreign property investments...
BEIJING, Sept 4 (CEIS): A minimum living standard system is expected to support some 30 million poor villagers by the end of this year, said an official with the ministry of civil affairs (MCA). The State Council has recently issued...
SYDNEY, Sept 4 (AFP): Australia's economy grew 0.9 per cent in the three months to June, slowing slightly from the first quarter partly due to damage to the farming industry from a long-running drought, official data released today said. The...
SANTIAGO, Sept 4 (Xinhua): The free trade agreement (FTA) signed by Chile and Japan in March took effect yesterday, Chilean media reported. Japanese Prime Minister Shinzo Abe and visiting Chilean President Michelle Bachelet signed a joint declaration in Tokyo announcing...
GENEVA, Sept 4 (AFP): China's booming export-driven economy remains vulnerable to any changes in Western consumption patterns but its burgeoning domestic market could lessen this risk, the World Economic Forum said yesterday. China's retail sector is currently growing at a...
GENEVA, Sept 4 (AFP): China's booming export-driven economy remains vulnerable to any changes in Western consumption patterns but its burgeoning domestic market could lessen this risk, the World Economic Forum said yesterday. China's retail sector is currently growing at a...
PHNOM PENH, Sept 4 (AFP): Cambodian garment makers today urged the government to better regulate labour unions, saying illegal strikes and power struggles among more than 1,000 workers' groups threaten the key textile trade. With an average of four unions...
COLOMBO, Sept 4 (AFP): Sri Lanka plans to kick off a roadshow next week to attract international investors to explore oil off its northwestern shores, the petroleum minister said yesterday. Seismic surveys conducted by Norway's TGS Nopec have shown that...
HANOI, Sept 4 (Xinhua): Vietnam has decided to cease signing rice export contracts until next year, to ensure domestic food security, local newspaper Saigon Liberation reported today. Vietnam is expected to produce 35.5 million tons of paddy rice in 2007,...
Visiting Intel Corporation Chairman Craig Barrett said, Intel is greatly interested in the development of Bangladesh's ICT, education and also in other potential sectors, if the government has interest, suitable policy and support, reports UNB.He said this while he made...
Islami Bank Bangladesh Limited (IBBL) inaugurated its 179th, 180th and 181st branches in different parts of the country recently, said a press release.IBBL opened its 181st branch at Neyath Solim Plaza, Balivadra Bazar, Ganakbari, Savar, recently. On the occasion a...
The commercial banks and other financial institutions should give more thrusts on long-term industrial investment than what they are doing now by encouraging trade and business to get quick returns, reports BSS. This was stated by President of the International...
FE ReportMGH Group, a local distributing company, launched its new product 'Gillette Vector Plus' razor blade at a city hotel Tuesday.Chairman of the MGH Group, M Ghaziul Haque and director of P and G, Fahim Dowla jointly unveiled the plaque...
Our CorrespondentCHITTAGONG, Sept 4: Teknaf landport earned revenue worth about Tk.51.4 million in August this year. The number of the Bill of Entry was 260 during the period, sources said.According to sources, Teknaf landport point has become an important one...
FE ReportThe staff of The Hong Kong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh recently distributed relief materials worth Tk 1.0 million (10 lakh) to the flood-affected people at Delduar in Tangail and at Haimchar in Chandpur. Bangladesh Red...
FE ReportSea World Concord, a water park, was inaugurated at Foy's Lake in Chittagong Friday, said a press release.It is a project of Concord Entertainment Company Ltd.Concert, raffle draw and light and sound show were organised on the occasion.A large...
FE ReportExport Import (EXIM) Bank of Bangladesh Ltd inaugurated its 33rd branch at Moulvibazar Sunday. EXIM Bank audit committee Chairman AKM Nurul Fazal Bulbul inaugurated the branch as the chief guest, while Managing Director Kazi Masihur Rahman presided over the...
The Southeast Bank Limited accorded reception to its newly recruited probationary officers and trainee cash officers in the city recently, said a press release.Chairman of the bank Alamgir Kabir was present at the function as the chief guest. Among others,...
RAWALPINDI, (Pakistan), Sept 4 (AFP): Powerful bombs ripped through a bus and a market in the Pakistani garrison city of Rawalpindi Tuesday, killing at least 24 people including 15 government defence workers, officials said. The devastating attacks happened minutes apart...
Meteorologists say Hurricane Felix is strengthening as it approaches the coasts of Nicaragua and HondurasThe U.S. National Hurricane Center says the storm is extremely dangerous and is just about to make landfall. The center of the hurricane is expected to...
TEHRAN, Sept 4 (AFP): Former president Akbar Hashemi Rafsanjani was elected head of Iran's Assembly of Experts Tuesday, continuing a political comeback from the humiliation of his defeat in the 2005 presidential election. Rafsanjani becomes the second head of the...
Jamaica's first woman premier ousted in close election MONTEGO BAY, (Jamaica), Sept 4 : The main opposition Jamaican Labour Party won a close election ousting the Caribbean nation's first woman prime minister, according to preliminary results. But Prime Minister Portia...
Former president of Dhaka University Teachers' Association (DUTA) AAMS Arefin Siddique said the authorities should immediately reopen the DU halls taking sufferings of the resident students into consideration."The university can be reopened after some days to restore complete normalcy on...
New Bangladesh Nationalist Party (BNP) Secretary General Khandaker Delwar Hossain offered fateha at the majar of party founder Shaheed President Ziaur Rahman at Sher-e-Bangla Nagar in the city Tuesday.The BNP secretary general placed wreath at the majar and offered munajat,...
A group of Supreme Court lawyers Tuesday dropped an application trying to meet the detained former premier and BNP chairperson, Khaleda Zia, at the special jail on the Sangsad Bhaban premises as they lined up for defending her in lawcourt,...
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