The Daily Star: Internet Edition Thu. November 09, 2006

Vol. 5 Num 871

Thu. November 09, 2006


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Business

Graft, politicisation widen rich-poor gap
Experts tell launching of report on Serve the Essentials
Corruption and politicisation in basic service delivery processes and mismanagement in development projects have greatly contributed to the widening gap between the rich and the poor, economists and development

Economic programme: CPD's recommendations for caretaker government
(continued From November 8)
Public Expenditure. For FY06, the GDP-public expenditure ratio was 15.5 per cent.

Home-based workers seek nat'l wage policy
Matia Banu is a housewife. She has opted for working as a home-based worker to earn some extra money for her family.

New range of Philips products launched
Electronics giant Philips has introduced some new and exclusive products, including a new four-sided Ambilight Flat TV, through its official licensee, Transcom Electronics Limited.

Swiss Festival kicks off
In a bid to increase trade volume between Bangladesh and Switzerland and strengthen bilateral relationship between the two nations, a three-day 'Swiss Festival' started in Dhaka yesterday.

Markets rattled by US polls
Global finance markets wobbled Wednesday on fears that a Democrat victory in the US Congressional elections could prompt less market-friendly policies in the world's biggest economy, dealers said.

Hanoi Apec summit to study 21-nation trade zone
An Asia-Pacific summit next week in Hanoi would call for a study into a massive free trade pact involving the 21 countries, which include the US, China and Japan, a newspaper said Wednesday.

US trade show in Feb
The 16th annual 3-day US trade show will be held on February 14-16, 2007 at Dhaka Sheraton Hotel, says a press release. The event is Bangladesh's premier trade show that exhibits US products andservices.

Rehab fair postponed
Due to unavoidable circumstances, 'Rehab Fair, Dhaka-2006', which was scheduled for November 14-18, has been postponed until further notice, according to a press release issued by Real Estate & Housing

JC Penney president in town
A top ranking delegation from the leading US retailer JC Penney, headed by Ken Hicks, the president and chief merchandising officer, arrived in Dhaka yesterday, says a press release.

Chevron to help set up healthcare centre in Moulvi Bazar
Chevron Bangladesh and Sylhet Samaj Kalyan Sangstha (SSKS) signed an agreement on Sunday to set up a community healthcare centre near Chevron's Moulvi Bazar natural gas field at Kalapur union of Srimangal

Oil above $59
Oil was steady above $59 on Wednesday on the possibility of a deeper cut in supply from Opec in December. U.S. crude was up 20 cents to $59.13 a barrel by 0929 GMT.