Vol. 5 Num 928 Mon. January 08, 2007    
 
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Business
 
Forex reserves hit new high of $3.9b
BB moves to steady dollar at Tk69
Country's foreign exchange reserves hit a new high of $ 3.9 billion yesterday as the remittance inflow marked a 30 percent growth during the first six months of the current fiscal year, according to the Bangladesh Bank (BB) sources.
 
Stocks slide as blockade begins
Price indices on the country's bourses dropped yesterday, the first day of the 3-day blockade programme enforced by the Awami League-led grand alliance. DSE All Share Price Index decreased by 12.
 
Foreign trade in China's Guangdong up $100b
Foreign trade in southern China's industrial powerhouse Guangdong province topped 500 billion dollars in 2006, up 100 billion dollars over the previous year, state press said Sunday.
 
Outstanding Performance In '06
NBR awards 22 tax officers
The National Board of Revenue (NBR) has awarded 22 tax officers a cash grant for their outstanding performance in collecting revenues in 2006.
 
'Automakers must cut cost like Chinese, Indians to survive'
Carlos Ghosn, the head of the French-Japanese alliance Renault-Nissan, says automakers who want to survive should take their cue from cost-cutting in China and India, in an interview published Saturday.
 
Unlocking World Trade Talks
Mandelson seeks new political impetus from EU, US
EU Trade Commissioner Peter Mandelson called on Saturday for a "new political commitment" between Europe and the United States to revive the stalled Doha round of world trade talks.
 
Tehran, KL sign gas development agreement
Iran and Malaysia have signed an agreement to develop the two offshore gas fields of Ferdos and Golshan in the southeast of Iran, state radio reported on Sunday.
 
Hutchison-Essar lures suitors eager for India mobile market entry
India's mobile phone market is red-hot, adding nearly seven million customers a month according to latest figures, and stirring global interest in the auction of the country's fourth-largest wirelessoperator.
 
GM goes electric with new concept car at auto show
Struggling auto giant General Motors Corp on Sunday revived its once-failed idea of a mass-market electric car, unveiling a new "concept" car called the Volt designed to use little or no gasoline.
 
Emirates to expand ME network
Emirates, one of the world's fastest growing airlines, has unveiled plans to further expand its Middle East network, according to a press release.
 
Malaysia to choose foreign partner for Proton
Malaysia will set aside bids by local auto firms to acquire stakes in ailing national carmaker Proton, instead first choosing German Volkswagen AG or French PSA Peugeot Citroen as a partner, a reportsaid.
 
Iran resumes gas exports to Turkey
Iran has resumed gas exports to Turkey after a five-day cut due to a supply crunch at home brought on by cold weather. Iran pumped nearly 3.
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