The Daily Star: Internet Edition Fri. October 06, 2006

Vol. 5 Num 840

Fri. October 06, 2006


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Business

Shrimp hatcheries at stake
Tech know-how transfer to locals seen urgent
Ignorance in natural conservation and use of additional antibiotic by technicians, most of whom are foreigners, in hatching shrimp fry have made the country's Tk 500 crore hatchery industry unstable,industry

Tata investment to help raise export to India to $1b a year
Indian envoy tells Bangladesh
Bangladesh's exports to India will increase to $1billion a year, if it approves Tata's investment proposals, said Veena Sikri, the outgoing Indian high commissioner in Dhaka, yesterday.

EU Levies
China, Vietnam shoe industries to be hit hard
China slammed European Union anti-dumping measures on imports of leather shoes as illegal Thursday and threatened retaliation.

DSE price indices up, turnover down
Although share price indices on the Dhaka Stock Exchange (DSE) yesterday shot up following a downtrend for three consecutive days, turnover in terms of value dipped.

Opec to cut output 4pc to up prices
The Opec cartel has agreed informally to cut oil output by one million barrels a day or 4.

New 5-taka note hits market Sunday
Bangladesh Bank will issue Sunday a new five-taka note in reduced size compared to the existing one.

Dhaka calls for free access of all LDC products to global market
Iftekhar Ahmed Chowdhury, ambassador and permanent representative of Bangladesh to the United Nations, called for ensuring duty- and quota-free market access of all products of the least developed countries

RanksTel, TeleBarta sign agreement on interconnectivity
Private PSTN (Public Switched Telephone Network) operator Ranks Telecom Limited yesterday signed an inter-connectivity agreement with another PSTN operator TeleBarta Limited, the owning company of Jubok

Tata eyes Ritz-Carlton Hotel in Boston
In its continued overseas acquisition spree, the Tata Group plans to buy the Ritz-Carlton Hotel in Boston, US, for 170 million dollars in a move that will help the leading Indian business house expand