The Daily Star: Internet Edition Fri. March 31, 2006

Vol. 5 Num 654

Fri. March 31, 2006


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Business

Bangladesh's growth below average in '05
Says Escap
The economic growth in Bangladesh was below the average growth of 6.6 percent in the developing nations in Asia and the Pacific in 2005, has said UN-Escap Economic and Social Survey.

Telex service goes into oblivion from today
The state-run telecoms operator is going to discontinue telex service from today as its deal with the British Telecom expires.

Nokia launches 3 phones for growth markets
Forecasts number of mobile subscribers to reach 3b by 2008
Nokia, the world leader in mobile communications, yesterday strengthened its offering for the new growth markets such as China, India, Southeast Asia and Africa and forecast the number of mobile subscribers

Charity versus corporate social responsibility
CSR- The Buzz Word
In today's corporate world, there is a great myth or rather a buzzword about Corporate Social Responsibility, in short CSR.

Financial Education Project for the Poor
Citigroup donates $3.9m
Citigroup has announced a US$3.9 million grant to educate millions of poor people around the world about important financial concepts, says a press release.

Prime Bank declares 25pc stock dividend
Prime Bank Ltd yesterday declared 25 percent stock dividend for its shareholders for the year 2005.

AKTEL launches mobile banking service with BRAC Bank
AKTEL, a leading cellular service provider, with BRAC Bank Ltd has launched a service titled 'Mobile Banking Service'.

EU trade chief sees no decision from WTO powers meeting
EU Trade Commissioner Peter Mandelson predicted on Wednesday that a weekend meeting of World Trade Organisation powerhouses would fail to nudge stalled global trade talks forward.