The Daily Star: Internet Edition Fri. March 03, 2006

Vol. 5 Num 626

Fri. March 03, 2006


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Business

Foreign aid dips 40pc in six months
Bangladesh's foreign aid dipped 40 percent in the first six months of the current fiscal year due to slow implementation of project aid.

Air India announces cheapest economy class fares to Kolkata
Air India yesterday announced some cheapest economy class fares to Kolkata. Under the offer, passengers will get 10 to 13 percent discounts in economy class to fly to Kolkata.

High Dollar Prices
IMF wants to see no intervention
Although dollar prices are on the continuous rise, the International Monetary Fund (IMF) does not want the government to intervene in the foreign exchange market.

Rancon Motors signs deal with S Alam, Mostafa groups
Rancon Motors Ltd, the general distributor of Mercedes-Benz passenger and commercial vehicles in Bangladesh, signed an agreement with S Alam Group and Mostofa Group of Industries on Wednesday.

Eskayef displays Allergan ophthalmic products
The three-day 33rd annual conference of Ophthalmological Society of Bangladesh (OSB) at Bangladesh College of Physicians and Surgeons (BCPS) auditorium in Dhaka ended yesterday.

Oil prices up
Oil prices rose in Asian trade Thursday as the market ignored healthy US crude and gasoline stockpiles to focus on geopolitical worries, particularly Nigeria, dealers said.

Thailand halts FTA talks with US
Thailand has suspended free trade talks with the United States until a new government takes office after snap elections set for April 2, officials said Thursday.