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Business
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DSE greets New Year as T-bond debuts today
Move to reduce dominance of corporate-based securities, offer guaranteed return on investment
The Dhaka Stock Exchange (DSE) will greet the New Year by welcoming treasury bonds, expected to make debut in the secondary market today, a move DSE says will create a new dimension in reducing dominance
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India opens up pension fund sector
In a key financial sector reform, India has opened up the pension fund sector to private and foreign players, fulfilling a promise made by Finance Minister Palaniappan Chidambaram in his budget five months
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Asia's currencies seen rising yet again in ’05
Foreign exchange forecasters are predicting a fourth straight year of gains for the South Korean won Taiwan dollar, Thai baht and other Asian units in 2005, with Asia's horrific tsunami disaster failing
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Africa hit hard as global textiles market opens
African textile producers are expected to be the hardest hit when rich countries end a curb on clothing imports from developing nations from today, forcing Africa to compete with larger low-cost producers,
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Lanka, Maldives bear brunt of tsunami
Sri Lanka and the Maldives are likely to suffer the heaviest economic consequences from the tsunami wave disaster, with bigger economies in the region better placed to withstand the fallout, analystssaid.
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SE Asian stocks end strong 2004 with small gains
Shares in Singapore and Malaysia wrapped up a strong year yesterday by scoring minor gains, their upside limited by year-end position squaring and concerns about the tsunami's economic impact on Southeast
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