Jo Johnson and Richard McGregorINDIA'S strengthening ties with the US are the cause of China's increasingly aggressive position over the disputed India-China border in the eastern Himalayas, according to security affairs analysts in both countries.The two fast-growing economies have co-ordinated...
Abdul HaqueBANGLADESH still has a largely agrarian feature with the greater part of the population remaining tied to agriculture and living in rural areas. The economy has diversified a great deal over the last two decades. However, notwithstanding industrialisation and...
ATTACKS on the environment are nothing new. Hardly a person can be found who did not afflict any damage to it. But the influential people and some quarters can be blamed more for the destruction to the nature and environment....
WHEN the first poverty survey was carried out in 1973-74, about 70 per cent in the population of Bangladesh were seen as hard pressed to obtain two square meals per day. In 1991-92, the percentage of such people came down...
SINGAPORE, June 24 (AFP): Asia must start to take a leading role in tackling pressing global issues including climate change, business chiefs said today at the World Economic Forum (WEF) on East Asia. The region's increased economic might has resulted...
BANGKOK, June 24 (AFP): Thailand's army-installed prime minister heads to India Monday in a bid to speed up a free trade deal, which Bangkok hopes will help counterbalance China's growing weight as a trading partner. Premier Surayud Chulanont aims to...
LE BOURGET, France, June 24 (AFP): French President Nicolas Sarkozy yesterday called on the United States and China to open their markets to outside competition. "Do you want us to open our markets, well, we will open them the minute...
YANGON, June 24 (AFP): Myanmar's garment exports declined again last year under the weight of US sanctions, an industry group said, amid questions about whether the measures will persuade the military regime to reform. "Our garment exports are still going...
BANGALORE, India, June 24 (AFP): Vishal Virani, an entrepreneur who supplies storage shelves to automaker Toyota, plans to borrow almost 100,000 dollars to buy an apartment in the southern Indian city of Bangalore. The 33-year-old is paying back two other...
WASHINGTON, June 24 (AFP): Amid growing signs of a US economic rebound taking root, the Federal Reserve appears likely to hold interest rates steady again at its upcoming policy meeting, analysts say. The central bank, which has consistently highlighted inflation...
RIYADH, June 24 (Xinhua): Chinese construction enterprises can tender for projects directly in Saudi Arabia, according to an agreement signed by China and Saudi Arabia yesterday. The memorandum of understanding on engineering project cooperation, signed by Vice Minister of Municipal...
WASHINGTON, June 24 (AFP): US President George W Bush risks losing his special trade negotiating powers after talks between four key players in the World Trade Organisation (WTO) collapsed this week, analysts said. Progress in the talks, which collapsed Thursday...
HONG KONG, June 24 (AFP): Asian currencies ended the week mixed against the US dollar, with the yen tumbling to a 4.5- year low on interest rate differentials but the Australian dollar soaring to an 18-year high. JAPANESE YEN: The...
ABIDJAN, June 24 (AFP): Western and emerging Asian powers so keen to diversify oil supply sources to feed growing needs have recast their attention to west Africa following the latest discovery of new potential reserves. British oil and gas company...
WASHINGTON, June 24 (AFP): China, a traditional source of cheap goods, has become an alarmingly top exporter of tainted and dangerous products to the United States, triggering concerns among consumers and regulators. Reports of tainted pet foods, dangerous toys, fake...
KATHMANDU, June 24 (Xinhua): The Nepali government has decided to fix the price of milk at 29 Nepali rupees per liter throughout the year, local newspaper The Kathmandu Post reported today. This decision was made on receiving severe pressure from...
SAN FRANCISCO, June 24 (AFP): Privacy advocates warn that the shift to using handheld devices for email, telephone calls and Internet searches has created a global gold mine for snoops and spies. Le Monde newspaper has reported that government officials...
SEOUL, June 24 (AFP): South Korea said today it has successfully recovered samples of natural gas hydrate, a potential future energy source, from the floor of the Sea of Japan (East Sea). The samples were collected last week at a...
BORDEAUX, France, June 24 (AFP): If visitor numbers to trade shows are an indicator of an industry's health, then the turnout for this year's Vinexpo, the world's biggest wine and spirits fair, confirms the sector is doing nicely, if not...
Satipati Moitra joined the Dhaka Stock Exchange (DSE) as chief financial officer (CFO) recently.A professional accountant, Moitra was the president of Institute of Cost and Management Accountants of Bangladesh (ICMAB) in 2006.Prior to join DSE, he held senior positions in...
FE ReportThe India-Bangladesh Chamber of Commerce and Industry (IBCCI) requested the Finance Adviser to set up a special Export Processing Zone (EPZ) in the country, where Indian investors will be given preference.IBCCI also stressed upon the need for maximising the...
FE ReportA signing ceremony of syndicated short-term credit facility of Tk 1.0 billion for BRAC was held at a city hotel recently.IIDFC, as the lead arranger, managed the fund for financing BRAC's integral micro-credit programmes.This is so far the largest...
FE Report Tangail Chamber of Commerce and Industry (TCCI) Sunday hailed the government budget for next fiscal, which proposed for withdrawing import duty on essential commodities.Abul Kashem Ahmed, president of TCCI, termed the budget proposals as a realistic step to...
FE Report Export Import Bank of Bangladesh Limited (EXIM Bank) distributed scholarships to the brilliant and poverty stricken students of Mymensingh region. The programme was held at the Syed Nazrul Islam auditorium of the Bangladesh Agricultural University (BAU) in Mymensingh...
FE ReportIndustry adviser Geeti Ara Safia Chowdhury Sunday underscored the need for diversified products as well as proper initiatives to compete in the international market.The country has to capitalise on the huge demand for handmade products in the international market...
Our CorrespondentCHITTAGONG, Jun 24: Jamuna Oil Company Limited (JOCL) earned a net profit of over Tk 260 million (26 crore) during the last fiscal year, sources said.The JOCL has been gradually earning more profit setting a record level in the...
FE ReportA seven-day training course on "IBM AIX System Administration" for the executives and officers of Al-Arafah Islami Bank Limited, BRAC Bank Limited, Bangladesh Computer Council and Millennium Information Solution Limited was held at AIBL office in the city recently.The...
FE ReportThe government borrowed Tk 6.50 billion (6.50 crore) Sunday through auctions of treasury bills. It will result in withdrawal of Tk 6.50 billion from the market in the week.The central bank conducted auctions of 28-day, 91-day and 182-day bills...
FE ReportBengal One Creation Ltd (BOCL) has decided to use ScanCement exclusively for all of its construction projects. BOCL Chief Executive Officer Shohel Rana and HeidelbergCement Bangladesh Ltd (HCBL) Director (Marketing, Sales and IT) Ramakanta Bhattacharjee recently signed an agreement...
FE ReportA delegation of Islamic Development Bank (IDB) visited Islami Bank Tower of Islami Bank Bangladesh Limited (IBBL) and attended a meeting for exchanging views with top executives of the bank in the city Saturday. The meeting was presided over...
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