Vol. 5 Num 779 Sat. August 05, 2006    
 
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BSTI to launch ISO-style certification scheme
Bangladesh Standards and Testing Institution (BSTI) is going to introduce an internally acceptable management systems certification scheme to certify the quality of manufacturing goods and food products.
 
Tri-nation Gas Pipeline
India, Iran, Pakistan to hire consultant for gas pricing
India, Iran and Pakistan agreed Friday to appoint a consultant to try to resolve a row over the price of Iranian gas to be sold to the South Asian nations through a multi-billion dollar pipeline.
 
IMF ready to give emerging economies louder voice
The IMF is ready to give emerging economies a greater voice starting with immediate changes in September to members' voting powers, managing director Rodrigo Rato said Thursday.
 
Oil prices lower in Asia as hurricane concerns ease
Oil prices were lower in Asian trade Friday on easing concerns over the threat of hurricanes hitting the US Gulf Coast and hopes of an agreement to stop the conflict in Lebanon, dealers said.
 
EU may take part in Australia trade talks
EU Trade Commissioner Peter Mandelson could take part in a major trade meeting in Australia next month if the United States shows it is willing to budge in world trade talks, his spokesman said Friday.
 
GM to invest $300m for 2nd car plant in India
American car major General Motors Corp.
 
Trade accord signed with Cambodia
Bangladesh and Cambodia signed a trade agreement yesterday in a bid to help expand and strengthen trade relations between the two countries further and establish the principles of equality and mutualbenefit.
 
EU states reject dumping steps for Vietnamese, Chinese shoes
A majority of European Union countries have rejected for a second time new anti-dumping measures proposed by the European Commission on Chinese and Vietnamese shoe imports, a spokesman said Friday.
 
Peoples Ins declares 100pc stock dividend
Peoples Insurance Company Ltd has declared a 100 per cent stock dividend for the year 2005.
 
Phoenix Ins okays 25pc stock dividend
Phoenix Insurance Company Ltd has declared a 25 per cent stock dividend for its shareholders for the year 2005.
 
Japan to extend anti-dumping steps against US for another year
The Japanese government has decided to extend for another year anti-dumping tariffs for 15 American products, reports said Friday.
 
US Senate rejects minimum wage hike
Democrats in the Republican-controlled US Senate late Thursday blocked a final vote on a controversial measure that would have raised the federal minimum wage by a little over two dollars over three years.
 
Toyota's Q1 profit up 39pc
Toyota reported a 39 percent jump in profit in its fiscal first quarter, with strong vehicle sales around the world keeping the company on a pace to possibly overtake General Motors as the world's No.
 
BA Q1 profit up 72pc
British Airways PLC said Friday its first-quarter net profit rose 72 percent as the carrier saw passenger traffic driven by low fares on short-haul routes and strong demand for lucrative business class
 
OECD indicator forecasts slower growth by major economies
Leading economic indicators suggest that growth is slowing among the world's biggest economies, while major developing powers continue to expand, the OECD said Friday.
 
Casino Business
Macau to overtake Las Vegas by 2007
Booming Macau will leap-frog the world famous Las Vegas Strip as the world's strongest casino market this year, analysts said Thursday, predicting its gaming halls will generate 8 billion dollars by 2007.
 
Weekly Currency Roundup
July 30-August 3, 2006
Local FX Market
Demand for US dollar was stable in throughout the week and USD fell slightly against Bangladeshi taka.
 
DBBL, GP sign SMS banking agreement
Dutch-Bangla Bank Ltd (DBBL) has recently signed an SMS (short message service) banking agreement with mobile phone operator GrameenPhone (GP) Ltd, says a press release.
 
US economy adds 113,000 new jobs
US employers created a weaker-than-expected 113,000 new jobs in July, the government said Friday in its closely watched "non-farm payrolls" report.
 

 
 
   
 
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