The Daily Star: Internet Edition Mon. January 15, 2007

Vol. 5 Num 935

Mon. January 15, 2007


News
Today's Index
Front Page
Business
Sports
Metropolitan
National
International
Culture


Views
Point-counterpoint
Editorial
Letters to Editor
Write to Editor


Sections
Special


Others
About Us
Contact
Advertisement
Supplements
Archives

Business

DSE turnover hits new high as political tension eases
Turnover on the Dhaka Stock Exchange (DSE) yesterday reached Tk 92.

Asean, China sign key economic deal
China and Asean signed a landmark economic cooperation deal Sunday that will further open market access in key services sectors.

Jute yarn, twine export on the rise
With robust growths in jute yarn and twine exports during the last five years, earning from the spinning sub-sector is on the rise, giving a boost to the jute industry.

US, S Korea resume free trade talks today
The United States and South Korea resume long-running free-trade talks on Monday with hopes receding of a deal between two countries whose annual trade already tops 70 billion dollars.

Thailand struggles to maintain economic credibility
Say analysts
Poor timing and backtracking by Thailand over amendments to its foreign ownership rules could damage both the economy and the government's credibility, analysts warned.

Asian leaders may pledge oil alternatives today
Leaders across Asia will endorse a pledge today to move toward nuclear and other alternative energies to help cut the region's dependence on fossil fuels.

WB warns India againstfull float of rupee without safeguards
The World Bank and industry chamber Federation of Indian Chamber of Commerce and Industry (FICCI) have warned the government against full float of rupee without putting in place necessary safeguards.

BracNet launches free online classifieds
bracNet, a joint venture between Brac, and US-based gNet DDH LLC, recently launched an online classifieds section on its web portal bracnet.net, says a press release.

Honda to set up second plant in India
Japan's Honda Motors plans to set up a 200- million-dollar car plant in India to take advantage of the South Asian country's rapidly-growing vehicle market.

Nine in 10 Singaporeans fear losing jobs to foreigners
Nearly nine out of 10 Singaporeans fear foreign professionals will take their jobs, and oppose efforts to woo them to the city-state, the Sunday Times reported.

Tibet to subsidise low-income people
More than 230,000 farmers and herdsmen in Tibet with an income of less than 800 yuan (100 U.S. dollars) a year will receive subsidies in 2007, according to local authorities.

Factory in Karnaphuli EPZ to employ 2,025 locals
China and Japan will invest US$ 6.598 million to set up a finished leather footwear and leather goods and related component plant in Karnaphuli Export Processing Zone.

India's paperindustry poisedto grow 100pcin 10 years
The Indian Paper Industry is poised to grow from 7.2 million tonnes in 2005-06 to 13.

Venezuela to nationalise whole energy sector
Venezuelan President Hugo Chavez said on Saturday the country's entire energy sector had to be nationalized, reinforcing his socialist revolution and possibly giving himself more targets for state takeover.

Singer to use resource planning software of Swedish firm
Singer Bangladesh Ltd will use Enterprise Resource Planning (ERP) application of Industrial & Financial Systems (IFS), a Swedish company that develops business software.

Venezuela, Iran seek Opec oil cut
Venezuela and Iran strengthened their growing ties on Saturday with a stream of anti-US statements, various commercial agreements and a pledge to push for a cut in world oil supplies to counter plunging

Currency