Vol. 5 Num 531 Thu. November 24, 2005    
 
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Business
Picture
Developers hope to sell Tk 500cr flats, plots
5-day Rehab housing fair kicks off
A five-day housing began yesterday at Dhaka Sheraton hotel with developers planning to sell apartments and plots worth Tk 500 crore.
 
Safta Negotiation
Dhaka yet to finalise stance on revenue loss compensation method
Bangladesh is yet to finalise its strategy to negotiate the mechanism for compensation of revenue loss that will be crucial to conclude Safta negotiation in the next meeting of the Committee of Experts
 
SEC makes amendment to rights issue rules
The Securities and Exchange Commission (SEC) has brought an amendment to rights issue rules for the interest of investors.
 
‘China looks to expand US exports’
China is looking to expand its imports of US products in the hope of reducing tensions caused by its huge trade surplus with the United States, a top US trade official said.
 
Thailand signs trade pacts with Singapore
Thailand and Singapore on Wednesday signed 10 pacts promising three billion baht (72.7 million dollars) in investment, aiming to increase business and tourism links between the two Southeast Asian nations.
 
Oil holds near $59
Oil hovered near $59 Wednesday, holding the week's gains as chilly weather swept through the Northern Hemisphere to offset an expected rise in US fuel stocks.
 
US threatens to delay UN budget unless reforms okayed
The United States has threatened to delay the two-year United Nations budget unless reforms are approved by the end of the year, a move that could cause havoc for UN operations.
 
Citibank NA launches life insurance scheme for NRBs in KSA
Citibank NA Bangladesh has launched a new initiative to offer life insurance coverage to Bangladeshi nationals living in Saudi Arabia who remit funds to their beneficiaries in Bangladesh through Citibank
 
US jobless claims higher than expected
The number of US workers filing new claims for jobless benefits grew by a larger-than-expected 30,000 last week, government data showed on Wednesday, taking claims to their highest point since mid-October.
 
Ford seeks US help to make fuel-efficient vehicles
Ford Motor Co. wants federal tax credits and other incentives to help drive development of more fuel-efficient vehicles, its chairman and chief executive said Tuesday.
 
EU lawmakers back measures to liberalise services
European Union lawmakers took a step Tuesday towards opening up the 25-nation bloc's vast market in services to greater cross-border competition, in a move to boost sluggish economic growth.
 
C'wealth chief warns of 'walk out' by small WTO states
Commonwealth chief Don McKinnon warned Wednesday that developing countries would walk away from WTO trade talks unless rich countries declare themselves willing to give more than they get from the deadlocked
 
Dubai sets stage for plane orders race
If surging sales were meant to take some of the sting out of the Airbus-Boeing rivalry, someone's forgotten to tell both of the world's biggest planemakers.
 
S Korean parliament approves rice bill
South Korea's parliament on Wednesday approved a bill opening the domestic rice market wider to imports, triggering street protests across the country and scuffles inside the National Assembly.
 

 
   
 
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