Vol. 5 Num 562 Sun. December 25, 2005    
 
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Business
 
New insurance laws on the cards
Govt plans separate regulatory body, policyholders' protection fund
In a bid to streamline regulations and monitor the country's insurance business more efficiently, the government has initiated steps to introduce fresh laws.
 
Dhaka int'l trade fair attracts visitors
Jute, leather goods, handicrafts sell well
As the Dhaka international trade fair is gaining momentum, visitors are showing more interest in jute and leather goods and handicrafts.
 
Iraq clears financial milestone with IMF deal
Iraq's economic hopes got a major lift Friday with the International Monetary Fund clearing a 685 million dollar standby loan to help the shattered country get back on its feet.
 
Building material show ends on low note
With little response from visitors, 'Building Material Exhibition-2005' concluded in Dhaka yesterday.
 
Air Deccan to buy 30 Airbus jets
India's low-cost private carrier Air Deccan announced Saturday it would buy thirty A320 aircraft from European consortium Airbus Industrie for 1.5 billion dollars.
 
Submitting daily transaction details to BB may hurt banks
Complying with the recent Bangladesh Bank's (BB) directive related to submitting daily transaction details of banks to the BB may cast a negative impact on the banks, fears Bangladesh Association of Banks
 
Indian economy races into 2006
Oft-derided as the slow-moving elephant of Asia, India's economy has been transformed into a star performer with booming growth and a stock market that rocketed 40 per cent in 2005.
 
China's toy makers’ Xmas profits slump
For years, China's thousands of toy factories and busy workers have dominated much of the global toy industry but now rising costs and faltering sales have left managers crying over miserly profits.
 
India's Hetero Drugs to make Tamiflu for poor countries
An Indian company, Hetero Drugs, has been granted the right to produce the antiviral Tamiflu for poor countries taking measures against bird flu and a possible influenza pandemic, the Swiss pharmaceutical
 
Malaysia's diverse races main selling point for tourism
Malaysia's diverse races and unique cultures will be the main selling point for Visit Malaysia Year 2007 (VMY 2007), which is targeted to draw 20 million tourists.
 
Google founders are FT's men of the year
The founders of Internet search engine Google have been named the Financial Times men of the year, the newspaper announced Friday.
 
Boeing hits high on Singapore Airlines report
Boeing shares hit an all-time high Friday after a report that Singapore Airlines was leaning to the US aviation giant over European rival Airbus for a big order of long-range jets.
 
Asia Energy's non-executive director resigns after share scam
A non-executive director of Asia Energy PLC, which is developing Phulbari coalmine in Bangladesh, resigned after he had been fined by the British financial watchdog for a share scam involving anothercompany.
 

 
   
 
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