The Daily Star: Internet Edition Mon. August 21, 2006

Vol. 5 Num 795

Mon. August 21, 2006


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Business

Rupali Bank Sell-off
Tender submission deadline ends today
The deadline for tender submission to buy state-run Rupali Bank ends today with any price offerings from none of the six short-listed bidders till yesterday.

Skilled Bangladeshis can migrate to UK
Tower Hamlets mayor tells FBCCI
Mayor of Tower Hamlets of the UK Shafiqul Haque yesterday urged the highly educated and skilled Bangladeshis to avail of the migration opportunities to the United Kingdom under a scheme of the British

Freight forwarders demand cancellation of new SRO
Freight forwarders and cargo agents yesterday demanded cancellation of a new SRO that increased license fees for foreign and joint venture players and made it mandatory for them to invest in Bangladesh.

BB profit up 21pc in last fiscal
Bangladesh Bank (BB) saw a 21 per cent rise in its profit in the last fiscal year. The central bank made a profit of Tk 2,291 crore in FY 06 against Tk 1,891 crore in FY 05.

Gold investors take fright in wild central Asia
As US gold giant Newmont battles to save its operation in the deserts of western Uzbekistan, instability and threats against personnel are making much of Central Asia a no-go area for normally hardnosed

WTO to review Dhaka's trade policy next month
The World Trade Organisation (WTO) will review Bangladesh's trade policy from September 13 to 15 in Geneva as part of a policy review programme for its member states.

Indonesia eyes more bio-fuel sale in 2007
Indonesia's state-owned oil/gas company Pertamina has projected the volume of bio-fuel sale in the country at 6.6 million kiloliters next year.

Pressure to Combat China, India
Asean holds economic meet this week
Southeast Asian economic ministers meet here this week under pressure to accelerate the creation of a single trade bloc and combat the rise of China and India which are drawing away foreign investment.

BSCIC industrial estate in Sylhet on verge of closure
The industrial estate of Bangladesh Small and Cottage Industries Corporation (BSCIC) here is on the verge of closure, with 25 of the 71 industrial units already shutdown.

India's Air Sahara to operate Kolkata-Dhaka flights from Nov
Dhaka is one of the three international destinations India's leading private carrier Air Sahara has decided to connect this winter.

Real estate fair in Ctg from Aug 24
A three-day real estate fair begins in the port city on August 24 with a view to offering housing solutions to the city dwellers.

Infosys chief steps down
India's best-known entrepreneur N.R. Narayana Murthy stepped down on his 60th birthday Sunday as chairman of software export giant Infosys, which he founded a quarter-century ago.

Gulf Air Dhaka introduces e-ticketing
Gulf Air Dhaka introduced e-ticketing to all Gulf Air destinations effective from yesterday, says a press release.

Northeast India to produce power from bamboo
A bamboo-fuelled eco-friendly power station is to come up in Mizoram to help meet the energy needs of India's northeast, according to Indo-Asian News Service Sunday.

Japan ends US long-grain rice imports
Japan has suspended imports of US long-grain rice following a positive test for trace amounts of a genetically modified strain not approved for human consumption, a news report said Sunday.

Korean Air seeks to buy S-Oil stake
Korean Air Co, South Korea's top carrier, looks set to bid for treasury stocks of the oil refinery S-Oil Corp. in a move to secure a stable fuel supply.