Vol. 5 Num 774 Mon. July 31, 2006    
 
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Business
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UAE investors keen to make Cox's Bazar a world class tourist spot
The visiting business delegation from the United Arab Emirates yesterday expressed keen interest to develop Cox's Bazar as an international standard tourist spot.
 
ICB declares dividends on eight mutual funds
Shareholders of First Mutual Fund to get 210pc dividend
Investment Corporation of Bangladesh (ICB) yesterday declared dividends on its eight mutual funds and unit fund for 2005-06 fiscal year, says a press release.
 
Traders rue bureaucrats at re-opened Silk route
Rugged traders finally allowed to cross a snowy Silk Road mountain pass between India and China that opened three weeks ago after a gap of 44 years now face a bigger hurdle - bureaucrats.
 
China to accelerate pace of rural financial reforms
China will accelerate the pace of financial reform in rural areas and provide more financial services for farmers, state media on Sunday quoted a senior Chinese banking official saying.
 
Asean visa pact hailed as a boon to tourism
A Southeast Asian pact to allow visa-free travel for citizens within the grouping has been hailed as a boon for the tourism industry as well as for dreams of regional unity.
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HSBC opens first branch in Sylhet
The Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh formally inaugurated its first branch in Sylhet yesterday.
 
HSBC's first-half profit seen up 7.8pc
Global banking giant HSBC Holdings is expected to report a 7.8 percent increase in half-year profit on Monday, helped by steady growth in US consumer lending. HSBC will report a pre-tax profit of 11.
 
Minister for ensuring fair prices of farm products
Agriculture Minister MK Anwar yesterday called upon the authorities concerned to develop a marketing system to ensure fair prices of agricultural products.
 
Niger textile firm smothered by Asian imports
The sole Niger textile firm, Enitex, is facing serious difficulties owing to high production costs and competition from cheap fabrics that are flooding into the west African country from Asia.
 
WTO breakthrough possible
Say negotiators
Top US and Brazilian negotiators said a breakthrough was still possible for a global trade accord despite the collapse of World Trade Organization talks earlier this week.
 
Gloomy outlook for US automakers
As plant-closing announcements piled up last winter, Detroit's automakers talked hopefully that warmer weather might bring signs of a turnaround.
 

 
   
 
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