The Daily Star: Internet Edition Fri. February 10, 2006

Vol. 5 Num 606

Fri. February 10, 2006


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Business

LC Opening
Taka loses 65 paisa against dollar in one week
As US dollar is soaring everyday, taka lost 65 paisa against the greenback in one week in case of opening Letter of Credit (LC). Dollar yesterday was selling at highest Tk 69.95, up by Tk 0.

Salman Ispahani, Citibank win AmCham business awards
M Salman Ispahani, managing director of MM Isphhani, and Citibank, NA Bangladesh have been adjudged AmCham business executive and outstanding American company for the year 2004.

Banglalink offers special call tariff for ten days
Banglalink has announced to offer Tk 1 per minute call charge from Banglalink to Banglalink for 10 days to mark the completion of its first year of operations in Bangladesh.

WTO ruling may open door to more global biotech crops
The World Trade Organization decision striking down EU barriers to genetically modified crops could open the door to wider global use of biotech crops, US industry and government officials say.

'Customer Mania Mindset Session' at Pizza Hut
Pizza Hut Gulshan outlet held a 'Customer Mania Mindset Session' for its team members on Wednesday in Dhaka.

SEC fines directors of Bangladesh Zipper
Securities and Exchange Commission (SEC) yesterday fined directors of Bangladesh Zipper Industries Ltd for not paying the declared dividends to the shareholders for two years.

Eastern Bank offers debit card with credit facility
Eastern Bank Ltd yesterday launched a new debit card, 'EBL DebitLine', with a collateral free credit facility up to Tk 1 lakh.

Pepsi sales confce held
Transcom Beverages Ltd, the official franchisee of Pepsi in Bangladesh, held its sales conference on Sunday.

Unilever Bangladesh launches Lakme products
Unilever Bangladesh Ltd has launched Lakme, an international colour cosmetics and skincare brand, in the local market.

Energy concerns to take centre stage at G8 finance meeting
The fragile fate of the world's energy supply and distribution chain is likely to take center stage at an upcoming meeting in Moscow of G8 finance ministers, overshadowing their traditional debate oneconomic

Beximco launches 4 new drugs
Leading drug manufacturer Beximco Pharmaceuticals Ltd Tuesday launched four new drugs for the treatment of Parkinson's disease, pain and inflammation, Psoriasis and Herpes viruses, a statement said.

Holcim cement group enters UAE market
The Swiss cement giant Holcim announced on Thursday that it had entered the fast growing United Arab Emirates market, acquiring a 25 percent stake in a local firm.