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US sticks to opposition to IPI, warns of consequences

2007-06-17 00:00:00

ISLAMABAD, Jun 16 (PTI): The US yesterday said that it is skeptical about the proposed USD seven-billion Iran-Pakistan- India (IPI) gas pipeline project pointing out it has already made clear the "consequences" for any country which invested in Iran. "We've...

Experts see bright future for rubber market

2007-06-17 00:00:00

PHNOM PENH, June 17 (Xinhua): International experts and Cambodian officials have expressed confidence that the rubber market and revenues would rise significantly in the years to come, local press reported yesterday. Cambodian Deputy Prime Minister Sok An told the Third...

Retail sales of accommodation, catering industry to exceed 1.2 trillion yuan

2007-06-17 00:00:00

BEIJING, June 16 (CEIS): The retail sales of accommodation and catering industry in China totaled 486.37 billion yuan in the first five months of this year, up 17.8 per cent year on year. It is expected that the retail sales...

US-India agricultural initiative makes significant progress

2007-06-17 00:00:00

WASHINGTON, Jun 16 (PTI): United States-India Agriculture Knowledge Initiative (AKI) has made significant progress in forging lasting private sector and university relationships between the two countries, American Agriculture Secretary Mike Johanns has said. In his remarks after fifth board meeting...

BASF to build up globally largest MDI plant in Chongqing

2007-06-17 00:00:00

BEIJING, June 16 (CEIS): World's Top 500 chemical producer BASF Group recently reached an agreement with the local Chongqing Chemical and Pharmaceutical Holding (Group) Company, to establish the world's largest MDI production base in Changshou District, Chongqing Municipality, southwestern China....

Banglalink donates relief for flood, landslide victims

2007-06-17 00:00:00

FE ReportBanglalink has recently donated relief items for the flood and landslide victims in Chittagong following the disaster that left thousands of people homeless.The company has donated 3,000 relief units each containing one packet rice, mineral water for drinking, saline...

Oil prices edge higher as US gasoline worries persist

2007-06-17 00:00:00

NEW YORK, June 16 (AFP): World oil prices edged higher yesterday, after strong gains earlier this week, as the market focused on low US gasoline reserves during a high demand season. Traders also eyed unrest in the Middle East and...

Reinvigorated Wall Street flirts with records again

2007-06-17 00:00:00

NEW YORK, June 16 (AFP): After a brief scare on inflation and interest rates, Wall Street has regained momentum and is flirting with new record highs as the market prepares for the upcoming corporate earnings season. The market posted solid...

NBR's mysterious silence over Begumganj gas field dev project

2007-06-17 00:00:00

M Azizur RahmanThe fate of the country's first-ever joint venture of the state-owned gas companies worth over Tk 3.0 billion to develop Begumganj gas field is now hanging in balance due to indifference of the National Board of Revenue (NBR).Sources...

Efficient boards 'need to be at helm of corporatised NCBs'

2007-06-17 00:00:00

FE Report The Bangladesh Bank (BB) Governor Salehuddin Ahmed Saturday stressed on an efficient board of directors to run nationalised commercial banks (NCBs) after corporatisation."Efficient and knowledgeable directors are needed for operating the NCBs smoothly," the central bank chief said...

Financial Reporting System Act soon

2007-06-17 00:00:00

Siddique Islam The government is going to legislate a Financial Reporting System (FRS) Act for the first time to ensure accountability and transparency of the country's financial sector.A draft has already been prepared for the proposed law, which will be...

Price-rise after the budget

2007-06-16 00:00:00

ONE of the areas where common people expected the present caretaker government to perform very well and promptly in line with their expectations, was in the area of controlling upward movement in the prices of essentials or at least stabilising...

Bangladesh-Myanmar relations

2007-06-16 00:00:00

Syed JamaluddinALTHOUGH close neighbours, yet the relation between Bangladesh and Myanmar is far from satisfactory. Because of its geographical location, Myanmar does carry heavy weight in respect of our foreign relations. In undivided India, Bangladesh territory had close links with...

Drugs trafficking menace at DU

2007-06-16 00:00:00

Ripan Kumar BiswasIT is painful to hear about a baneful condition of drug addiction in the campus of the Dhaka University (DU). My cousin talked to me over the telephone the other day about this growing menace the other day...

Child labour caution for goods in the China Olympics

2007-06-16 00:00:00

Andrew Taylor from LondonLICENSED goods being made for next year's Beijing Olympic Games are being manufactured by child labour and "sweatshops" in China, the Playfair Alliance says in a report published recently.Research found children as young as 12 producing Olympic...

Inflation must not take wings

2007-06-16 00:00:00

IT has become imperative for the interim government to start giving high priority to inflation management. But the policies to be operated in this respect should leave ample room for meeting the genuine needs of finance for entrepreneurial activities. The...

Biman must be competitive

2007-06-16 00:00:00

WE have various ways for showing our feeling towards our nation. For example, many Bangladeshis at home and abroad may still be ready to avail themselves of Biman Bangladesh Airlines' flights for traveling so as to support the national flag-carrier...

Fake students at DU

2007-06-16 00:00:00

WHEN the issue of fake students in the Dhaka University came to light some days ago, it created a sensation. The moral decline that had gripped our centres of higher education was manifested in different forms. But here was another...

Running credit operations of banks

2007-06-16 00:00:00

CREDIT is an extremely important function of the bank. What is credit? Credit is a facility offered by the bank, for a certain purpose--, borrowing for a certain period of time. The principal repayment of credit is outlined at the...

Afforestation goals

2007-06-16 00:00:00

Meshbahuddin AhmedTREES give off the valuable oxygen gas which humans breathe to survive. Trees take in the harmful carbon dioxide gas. Therefore, trees are basic to our survival and good health. Besides, trees have fruits which provide us with nutrition....

China changes dynamics of African loans

2007-06-16 00:00:00

William Wallis from ShanghaiTHE contrast in recent events at the headquarters of the World Bank and those in Shanghai at the African Development Bank's annual meeting served to underline just how great an impact China's rapidly evolving interest in Africa...

Palestine spills its own blood

2007-06-16 00:00:00

Syed Fattahul AlimThe dream of home for the homeless Palestinians is now passing through the worst time in history. The ongoing fratricidal war between the forces loyal to Fatah and Hamas has virtually created two separate Palestinian states-the West Bank...

The rise of Asian cities

2007-06-16 00:00:00

Recent favourable economic conditions have led to dramatic advances in urban development in Japan and throughout Asia. Highrise buildings are shooting up one after another, transforming the urban landscape at an astounding pace.Architecture matures at a much slower rate than...

Blind, but not broken

2007-06-16 00:00:00

Farhana Akhter ShompaArmed with a white stick Mahima walks to her class at Dhaka University. Sometimes she would ask help from other students while walking from her Rokeya Hall dormitory to the Arts Building.Mahima, a Sociology student, is blind. She...

The last chance for Bangladesh

2007-06-16 00:00:00

Enayet RasulPeople's memories should not be so short that they should fail to distinguish right from wrong or the grain from the chaff. Some disgruntled politicians are once again trying their luck at rabble rousing, trying to discredit the incumbent...

Planning happy family at woman’s cost

2007-06-16 00:00:00

Shikder Sohana Ferdoush Razia Akhtar, a mother of three children, does not like taking contraceptive pills. The pills do not suit her. But she has little option as her husband is dead against using condoms. Razia, a middle-class woman, has...

Museum Island Berlin

2007-06-16 00:00:00

Janet SchayanIt's a place that seduces and enchants. And sometimes it even takes our breath away, for example, after climbing the steps to the entrance of the Altes Museum and then suddenly standing in the colossal two-storey rotunda designed by...

Surplus fuels EU-China war of words

2007-06-16 00:00:00

Andrew Bounds in BrusselsChina said it could do little to curb its fast-growing trade surplus with the European Union as the two sides traded accusations after "frank" talks in Brussels last week.Peter Mandelson, the EU trade commissioner, and Bo Xilai,...

'Plus five' say they will do fair share on emissions

2007-06-16 00:00:00

Fiona Harvey in HeiligendammBig developing countries who met the G8 on Friday are "prepared to accept commitments" on emissions, according to Angela Merkel, German chancellor and host of the G8 summit, but they remain opposed to targets for cuts such...

Wealth of experience

2007-06-16 00:00:00

Chrystia FreelandThis week, Barack Obama urged chief executives to consider the moral implications of the fact that many earn more in a day than the average worker in their companies makes in a year. His left-of-centre audience applauded enthusiastically -...