The Daily Star: Internet Edition Sun. August 28, 2005

Vol. 5 Num 447

Sun. August 28, 2005


News
Today's Index
Front Page
Business
Sports
Point-counterpoint
Metropolitan
National
International
Culture


Views
Editorial
Letters to Editor
Write to Editor


Sections


Others
About Us
Contact
Advertisement
Supplements
Archives

Business

Dealers threaten to shut down petrol pumps
Issue two-week ultimatum to govt
Brushing aside the allegation of petroleum adulteration against them, petroleum dealers and tank-lorry owners yesterday gave a two-week ultimatum to the government to meet their 8-point demands.

Iranians urged to invest in Bangladesh
Local businesspeople yesterday urged Iranian businesses to invest in Bangladesh and increase import from the country.

India power reforms stall
Power-hungry India faces a stifling energy crisis after a decade of halting, half-hearted reform and payment problems, contract disputes and political interference that have sent most foreign investors

Dhabi Group, BoI may sign MoU this week
A memorandum of understanding (MoU) between Dhabi Group, the Middle East industrial giant, and Board of Investment (BoI) is expected to be signed later this week during a visit by Dhabi Group Chairman

Pfizer, Novartis most valuable phar ma brands
A survey by the Business Week has billed Novartis as the second most valuable pharmaceutical brand after Pfizer, said a report available from the Internet.

Clothing importers push Bush for liberal China pact
US clothing importers urged the Bush administration Friday to negotiate a textile trade agreement with China that opens the US market to more Chinese clothing each year and finally puts an end to import

Indian forex reserves fall
India's foreign exchange reserves fell to $143.218 billion on Aug 19 from $144.37 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement yesterday.

Nat'l Housing to go public this year
National Housing Finance and Investment Ltd will go public within 2005 and float Tk 5 crore IPO subject to clearance from regulators.

Qatar Airways to give financial help to tsunami affected Lanka
Qatar Airways will give financial support to Sri Lanka to build more houses in a village devastated by last year's tsunami disaster.

GE eyes Japan banking unit
General Electric Co plans to enter Japan's banking market as early as next year, the head of the company's Tokyo unit said Friday.

HK economic growth strong in Q2
Hong Kong's economy grew surprisingly fast in the second quarter, easily beating forecasts, on the back of robust consumer spending, investment and solid exports, data showed Friday.

China, EU meet for day three of textile talks
China and the European Union began a third day of talks on Saturday on revising a two-month-old textile trade pact that has left huge amounts of Chinese-made garments stuck in European customs warehouses.

China-US 4th round textile talks next week
China and the United States will hold a fourth round of textile talks in Beijing next week, the commerce ministry said Saturday, with the US pushing to limit Chinese imports to protect its own industry.

Russia looks for way to be oil superpower
Russia is reaping the economic benefits of sky-high world oil prices, but appears uncertain how to translate its energy riches into lasting international political influence.