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Business
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Power concerns incur Tk 434cr loss in FY03
Power Development Board (PDB) and two other concerns of the Power Division incurred a total loss of over Tk 434 crore in the last fiscal, State Minister for Power Iqbal Hassan Mahmood yesterday told parliament.
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Ten losing SoEs shut down in two years
Industries minister tells parliament
A total of 10 non-profitable industrial units were closed down by the present government for incurring huge losses, parliament was told yesterday.
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Kafco AGM held
The 22nd annual general meeting (AGM) of Karnaphuli Fertiliser Company Limited (Kafco) was held in Dhaka recently.
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Bata introduces 250 designs of shoes
Bata Shoe Company Bangladesh Limited has introduced more than 250 designs in all categories on the eve of the Eid festival.New shoes are available at all Bata stores and agencies.
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Repo auction
The Repo auction of Bangladesh Bank for commercial banks and financial institutions was held here yesterday. Eighteen bids of 1-Day tenor amounting to Tk 790.00 crore were received and accepted.
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Singapore's FTA with US bodes well for SMEs
Singapore's free trade agreement (FTA) with the United States has opened up a huge opportunity for local small businesses to get a slice of the lucrative federal procurement market, worth US$250 billion
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WTO chief warns of danger in run-up to Dec 15 meet
WTO chief Supachai Panitchpakdi warned of "danger" Tuesday if countries failed to commit themselves to making progress before a meeting on December 15 to revive global trade talks, while the EuropeanUnion
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Correction
In a news item headlined "Investors keep faith in banks" published on this page yesterday, it was inadvertently printed that Bank Asia Limited received Tk 120 crore as IPO subscription.
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