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...
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...
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...
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...
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...
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...
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...
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,...
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...
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 -...
Neil Buckley in MoscowWill Vladimir Putin seek a third term as Russian president? Moscow's political world is abuzz with speculation that he might - but not immediately.Putin, so the theory goes, would not stand again when his second four-year term...
Richard Beales and Michael Mackenzie in New YorkGlobal government bond markets stabilised on Wednesday as suddenly higher yields prompted institutional investors such as insurers and pension fund managers to scoop up US Treasuries.Treasury yields fell from highs above 5.32 per...
Neil Buckley and Catherine Belton in St PetersburgRussian president Vladimir Putin called on Sunday for a radical overhaul of the world's financial and trade institutions to reflect the growing economic power of emerging market countries - including Russia.Mr Putin said...
Matthew Garrahan in Los AngelesApple in advanced talks with Hollywood's largest movie studios about launching an online film rental service to challenge cable and satellite TV operators.The service could be significant for Apple. If it signs enough studios, the group...
Antoaneta BezlovaChina has confirmed the seriousness of recent international scares about rampant fraud and counterfeiting in its booming economy in a most dramatic way -- by sentencing to death the country's former top drug regulator.Zheng Xiaoyu, former director of the...
Praful BidwaiEven as the Indian government gropes in the dark for a coherent policy on energy and the environment, it is rooting hard for a highly unpopular nuclear power project here, close to the peninsula's southern tip.The project, which involves...
Kimia SanatiAs Iran reluctantly begins implementing Thursday a plan to reduce consumption of mostly imported petrol by cutting massive consumer subsidies, it is with an eye to possible tightening of international sanctions for the country's controversial nuclear programme.Saeed Laylaz, economic...
Australia is set for an invasion of Chinese and Indian cars and the return of several nameplates missing for some years.Indian company Mahindra is about to relaunch in Australia with the Pik-Up ute.It joins a growing list of new or...
FE Report Prices of essential commodities, with exception of some fine varieties of rice and powder milk, during the last week, remained unchanged in the city markets.During the last one week only the sugar price declined by Tk 2-Tk3 to...
FE ReportPragati Insurance Limited has approved 15 per cent cash and 15 per cent stock dividends for its shareholders for the year 2006.The approval was given at the 21st annual general meeting (AGM) of the company at Bangladesh-China Friendship Conference...
FE ReportStandard Bank Limited (SBL) has recently achieved "A1" rating for long term and "ST-2 rating for short term from Credit Rating Agency of Bangladesh (CRAB) Limited. SBL Managing Director Mosharraf Hossain received the certificate of credit rating on behalf...
Doulot Akter MalaThe government is facing stiff opposition from the International Monetary Fund (IMF) in its bid for introducing safeguard measures to protect the local industries from the onslaught of cheap imports. The IMF has been opposing the government's move...
A Z M AnasThe government has reinforced its drive to uncover the incidences of duty evasion at the Dhaka Export Processing Zone (DEPZ), as a number of companies are suspected to be involved in smuggling activities.It is alleged that some...
Former Prime Minister and Awami League President Sheikh Hasina was debarred from leaving the country for the USA Friday night to see her daughter, report agencies.Her lone daughter Saima Wajed Putul, now in Florida, is expecting a baby early next...
S M JahangirThe Ministry of Commerce will soon place three separate draft ordinances on the country's insurance sector before the council of advisers for approval."We are submitting three draft ordinances to the advisers' council for getting its nod," a senior...
Naim-Ul-KarimThe apex trade body of the country has convened an extraordinary general meeting (EGM) on June 28 to discuss matters relating to changes to its organisational rules in order to prevent loan defaulters or convicts from contesting its election. "We...
BANGKOK, June 15(AP): Thailand's national carrier Thai Airways International PCL is pulling out of an agreement to manage Bangladesh's second international airport in Chittagong."We are calculating our costs and will claim for the loss from Bangladesh," said Suparut Kawatkul, Thai...
M Azizur RahmanThe Bangladesh Petroleum Corporation (BPC) incurred a financial loss of over Tk 1.50 billion last month following soaring petroleum prices in the international market. "The loss may be even bigger next month if the current uptrend in prices...
FE ReportThe Asian Development Bank (ADB) has asked the government to accelerate the implementation of four projects, for which it lent out US $ 347.57 million, to avoid them falling into "at risk" category. The projects are Road Network Improvement...
FHM Humayan KabirThe Asian Development Bank (ADB) is likely to approve US$465 million as loan to Bangladesh for power generation projects and improving the distribution systems. The approval is expected in the Board meeting of the multilateral donor agency scheduled...
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