Vol. 5 Num 913 Thu. December 21, 2006    
 
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Business
 
Export Earning
22.7pc rise in Jul-Oct
Although the exports earning marked a 22.70 percent rise during the July-October period of the current fiscal as it reached $3.34billion, it slowed down from the 31.49 percent growth in September.
 
US asks India to adopt bold reforms
The United States asked India on Tuesday to adopt sweeping reforms, including lifting ownership caps and reducing high tariff rates, to draw foreign investments and fuel rapid growth in the world's second
 
Wooing Investors
Foreign ownership property rules relaxed in KL
Malaysia on Wednesday said it will allow foreign nationals to buy residential properties worth more than 250,000 ringgit (71,429 dollars) without approval in order to attract investors.
 
Improve productivity of RMG to sustain competitiveness
Bkmea seminar told
Bangladesh's garments sector should improve its productivity to sustain in the competitive world market, said Nick Taylor, the first secretary at the European Commission (EC) in Dhaka.
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4.5 lakh applicants for Brac Bank IPO
Brac Bank Limited held its lottery of applications submitted against the bank's initial public offerings (IPO) at Bangladesh-China Friendship Conference Centre in Dhaka yesterday.
 
Bush backs embattled WTO round
US President George W. Bush offered his renewed backing Wednesday for the World Trade Organization's embattled efforts to free up global commerce.
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Transcom Beverage launches lemon taste soft drink Teem
Transcom Beverage Ltd, the exclusive franchise for Bangladesh from Pepsico USA, introduced a new lemon taste soft drink named 'Teem' in the local market yesterday.
 
Banglalink launches enterprise package
Banglalink, one of the fast growing mobile phone operators in the country, has recently launched 'banglalink enterprise', a complete telecom solution for businesses.
 
HSBC donates Tk 2.93 lakh to School of Hope
The Hong Kong and Shanghai Banking Corporation Ltd (HSBC) in Bangladesh has recently donated Tk 293,000 to School of Hope, an educational institute for the underprivileged children of Gulshan and Badda
 
Oil steady over $63
Oil prices held above $63 on Wednesday ahead of data expected to show a fall in U.S. crude stocks, adding to perception that high inventory levels that hit prices in the third quarter have been reversed.
 
Arcelor Mittal steps up consolidation drive
Arcelor Mittal, the world's leading steel maker, signalled its intention to pursue global steel sector consolidation Wednesday, as it annonced plans to acquire a Mexican producer and was reported to be
 
YouTube pledges to protect copyrights in Japan
Popular video-sharing website YouTube has agreed to take measures against copyright infringement in Japan but an industry group here said Wednesday it was not entirely satisfied.
 
Tata Motors announces joint venture with Thai firm Thonburi
India's biggest commercial vehicle manufacturer Tata Motors has entered into a joint venture with a Thailand-based assembler of automobiles Thonburi to manufacture, assemble and market pick-up trucks.
 
US, Panama reach trade deal
The US government said Tuesday it had virtually wrapped up a free-trade agreement (FTA) with Panama in what should be a major boost to bilateral commerce before the Panama Canal is expanded.
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Citigroup senior official in Dhaka
Margaret Dawson, managing director & head of Securities and Fund Services in Citigroup Asia Pacific Region, is in Dhaka now on a 3-day visit, says a press release.
 
Fears of regional financial crisis recede
Asian stocks recovered from sharp falls Wednesday after Thailand's military government backed down on imposing harsh currency controls which saw Bangkok shares lose a massive 15 percent.
 
'Euro is being scapegoated for economic problems'
European Central Bank President Jean-Claude Trichet said Wednesday that the euro was being unjustly used as a scapegoat for economic problems in Europe.
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Currency


 

 
   
 
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