The Daily Star: Internet Edition Sun. March 11, 2007

Vol. 5 Num 988

Sun. March 11, 2007


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


Views
Point-counterpoint
Editorial
Write to Editor


Sections


Others
About Us
Contact
Advertisement
Supplements
Archives

Business

Court stays installation of new BGMEA leadership
New body can take over automatically tomorrow: Election commission
As the newly elected body of BGMEA is ready to take over charge through a formal annual general meeting (AGM) tomorrow, a lower court issued a stay order on holding any AGM or installation of the leadership.

S Koreans drawn to India's business opportunities
With South Korea now the largest foreign investor in India and a leading supplier of cheap appliances and cars to its swelling middle class, New Delhi's tiny Korean community is growing fast.

Chinese carmakers quick to slash prices
Chinese carmakers looking to boost market share and clear inventories of old models slashed car prices at the beginning of March as a bevy of new models wait in the wings.

IPO lottery for ICB AMCL First NRB Mutual Fund held
The lottery for allotment of initial public offering (IPO) of ICB AMCL First NRB Mutual Fund was held on Thursday in Dhaka.

Plan to ease nurse shortage in Muslim countries
Easing the shortage of nurses in Muslim countries has been identified as one of the main aims of the World Islamic Economic Forum (WIEF).

Kuwait to host GCC industrial exhibition
Kuwait has been fully prepared to host a joint industrial exhibition of Gulf Cooperation Council (GCC) states due on next Tuesday, the official KUNA news agency reported Friday.

US trade deficit narrows to $59.1b
The US trade deficit narrowed to 59.1 billion dollars in January thanks to record-breaking export growth, but cheap Chinese goods still flooded American malls, data showed Friday.

Bush focuses on trade in Uruguay
US President George W Bush on Saturday held trade talks with his Uruguayan counterpart, Tebare Vazquez, as mass protests continue to dog his five-nation tour of Latin America.

WB to grant addl $265m to Nepal
The World Bank will provide an additional grant of USD 265 million to Nepal for poverty alleviation and check the spread of avian influenza.

New MD of British American Tobacco Bangladesh
Nicholas Stewart Hales has recently joined British American Tobacco (BAT) Bangladesh as the company's new managing director succeeding Emil Moskofian, says a press release.

Tourism grows in Myanmar
Visiting Myanmar, one of the most isolated countries in the world, makes Uledev Viadreslav feel like an explorer back in the old days before air travel started making the world feel smaller.

US welcomes end to cheap Chinese loans for exporters
The United States Friday welcomed China's decision to scrap a perk for exporters that formed part of a landmark WTO case filed by Washington against Beijing.

Brazil, US sign major deal on biofuels
Brazil and the United States, the world's largest ethanol producers, on Friday inked a strategic alliance to promote biofuels, declaring the step important for the environment and global security.

FDI in Philippines up 27pc
Foreign direct investments (FDI) in the Philippines rose to 2.35 billion dollars in 2006, a 27 percent increase over 1.85 billion dollars posted in 2005, the central bank announced on Saturday.

Japan, Australia to begin FTA talks in April
Japan and Australia will open talks next month on reaching a free trade pact, which would be Tokyo's first with a major agricultural exporter, the foreign ministry said Friday.

ROK economy faces trouble in 4-6 years: Samsung chief
The head of Samsung Group linked his company to the South Korean economy and said a wake-up call was needed for both to avoid serious problems within four to six years, news reports said Saturday.

Erratum
The second paragraph of a news captioned 'Sun servers for GP billing' published on this page on March 8 inadvertently missed a word of a sentence quoting Atan Lim, country manager of Sun Microsystems,