The Daily Star: Internet Edition Wed. January 25, 2006

Vol. 5 Num 590

Wed. January 25, 2006


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Business

Exports grow 12.73pc in five months
Export earning reached US$ 4.010 billion in the first five months of the current fiscal year, posting a 12.73 percent growth, thanks to good performance by knitwear, leather and textile fabrics.

SEC launches guidelines on corporate governance
The Securities and Exchange Commission (SEC) has launched guidelines on corporate governance for listed companies to establish corporate accountability and transparency.

IDB to boost trade finance for private sector
Islamic Development Bank (IDB) will boost its trade finance role, particularly for the private sector entities, to contribute more to Bangladesh's economic development.

Give loans to thrust sectors at 5pc interest
DCCI urges govt
Leaders of the Dhaka Chamber of Commerce and Industry (DCCI) yesterday requested Finance and Planning Minister M Saifur Rahman to give loans to thrust sectors at a rate of 5 percent interest.

US firm eager to construct sky rail line in Bangladesh
A US private transport company has expressed its eagerness to set up sky rail lines from Narayanganj to Joydevpur and Sadarghat to Savar at a cost of over Tk 5,000 crore to facilitate transportation system

Atab launches computerised billing settlement plan
The Association of Travel Agents of Bangladesh (Atab) yesterday launched the operation of a computerised billing settlement plan.

Bangladesh trade show in Lanka fetches Tk48.09cr spot orders
Bangladesh received spot orders of various products worth Tk 48.09 crore as the first-ever Single Country Bangladesh Trade Show in Sri Lanka concluded Monday.

STS Holdings signs issue management deal with IDLC
STS Holdings Limited has signed an issue management agreement with Industrial Development Leasing Company (IDLC) of Bangladesh Limited for its forthcoming initial public offering (IPO) to fund the Apollo

Emirates carries measles vaccine for Bangladeshi children
Emirates, one of the fastest growing international airlines in the world, recently carried a shipment of measles vaccine from Bombay to Dhaka for Bangladeshi children.

Oil prices fall
World oil prices fell on Tuesday following an offer by Saudi Arabia to supply the market with extra crude owing to global supply concerns, analysts said.

Airbus mulls A320 assembly line in China
Airbus said Tuesday it was close to a decision on whether to build an assembly line for its medium-range A320 jets in China.

Global economic growth fails to dent unemployment: ILO
The number of people out of work worldwide climbed to new heights in 2005, as economic growth failed to offset a rise in the total seeking jobs, the International Labour Organisation said Tuesday.

Thailand sets rice export targets
The Thai Ministry of Commerce has set an export target of 7.5 million tons of rice this year, up 200,000 tons from that of last year, Foreign Trade Department Director-General Rachane Potjanasuntorn said.

MBA Club's 3rd interactive business meet Sunday
MBA Club Ltd in Bangladesh as part of its new project -- sharing of knowledge by current business and community leaders with young professionals -- will hold its third session at 7pm on Sunday on club

Malaysia launches billion dollar debt plan
Malaysia's Bank Pembangunan Tuesday launched the largest ever debt securities programme in the country worth about seven billion ringgit (1.87 billion dollars).