Vol. 5 Num 572 Wed. January 04, 2006    
 
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Business
 
Remittance clocks 22pc growth in six months
$413.63 million received alone in December
Remittance inflow hit a record high in December as it grew by over 22 percent in the first half of the current financial year. Non-resident Bangladeshis (NRBs) sent US$2,170.
 
Banks' operating profits grow 48pc in 2005
The Nationalised Commercial Banks (NCBs) and Private Commercial Banks (PCBs) registered 48 percent growth in operating profits in 2005.
 
Sliding law and order hurts Bangladesh's FDI
Bangladesh-born Britons say
A high-level team of Bangladesh-born members of UK's Tower Hamlets Council yesterday said deteriorating law and order is hindering Bangladesh's foreign direct investment growth.
 
Dhaka should aspire to be mid-income nation in 15-20 years
World Bank publication says
Bangladesh should aspire to become a middle income nation in the next 15 to 20 years, said a World Bank publication launched yesterday.
 
SEC asks DSE to delist Eagle Box
The Securities and Exchange Commission (SEC) yesterday directed the Dhaka Stock Exchange (DSE) to delist Eagle Box and Carton Manufacturing Company within two months.
 
Air Sahara offers Delhi-London return trip at Rs10,000
Imagine flying to London from Delhi and back in just Rs 10,000 (about 250 US dollars).
 
Khulna chamber gets new president
Shaharuzzaman Martuza, also a BNP leader of Khulna, has been elected unopposed the president of Khulna Chamber of Commerce and Industry (KCCI).
 
Dhaka- Hanoi Meet
Saifur to lead Bangladesh team
Finance and Planning Minister M Saifur Rahman will lead Bangladesh delegation in the first Bangladesh-Vietnam Joint Commission meeting in Hanoi early next month.
 
Japan seeks free trade pacts with India, Australia, China: Report
Japan plans to begin talks on a free trade agreement (FTA) with India and Australia in 2007 and with China in 2009, in a bid to play a leading role in bringing about a propsed East Asian economic grouping,
 
Oil prices up
Oil prices rose Tuesday, extending year-end gains after a brief cut in Russian natural gas supplies to Europe rattled traders and threatened to drive up demand for oil-based heating fuels.
 
China to retain control of big state banks
China will retain control of its big state banks to help ensure financial stability, despite efforts to reform the lenders through stake sales and share listings, the official Financial News said Tuesday.
 
S’pore Q4 growth up
Singapore powered to an estimated 7.7 percent growth in the fourth quarter from a year ago, boosting the city-state's economy by an overall 5.7 percent for 2005, the government said Tuesday.
 
Samsung makes fastest downloading mobile
South Korea's Samsung Electronics Co. said Tuesday it had developed what it claims to be the world's fastest multimedia-downloading mobile handset.
 

 
   
 
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