Vol. 5 Num 1023 Wed. April 18, 2007    
 
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Business
 
Govt to privatise 17 firms
The government yesterday approved a proposal to privatise 17 state-owned enterprises, 12 of them operating in the textiles and jute industries, aiming to complete the process in four months.
 
Complying with WTO Rules
Import restrictions on salt to go in 2009
Local producers fear adverse impact
The government will lift import restrictions on salt in January 2009 to comply with World Trade Organisation rules, despite opposition from domestic salt producers who fear the impact on the local industry.
 
MCCI seeks more authority for tax ombudsman
The Metropolitan Chamber of Chamber of Commerce and Industry (MCCI) has recommended for widening the authority of tax ombudsman.
 
Anglo-Bangla chamber to protest propaganda against RMG
The Bangladesh-British Chamber of Commerce (BBCC) has assured Bangladesh's apparel sector leaders of providing assistance in extending readymade garments export to the UK and other European countriesthrough
 
WB team visits Ctg port to study handover of NCT to pvt sector
A five-member World Bank delegation visited the Chittagong Port here yesterday to study different aspects of the possible handover of the operation of New Mooring Container Terminal (NCT) to the private
 
Indian Essar to buy Canadian steel firm for $1.58b
After India-born LN Mittal and the leading industrial house Tatas, another Indian conglomerate the Essar Group has made a big move to buy a foreign steel company.
 
Thai auto sales drop 15pc in Mar
Thai auto sales continued to plunge in March, dropping 15 percent from a year earlier on sluggish consumer confidence and rising oil prices, an industry group said Tuesday.
 
Appreciation of Indian rupee worries exporters
Currency rises to 9-yr high against dollar
The appreciation of Indian rupee is causing worries to Indian exporters and happiness to importers.
 
Japan mulls all-in-one super bourse
Japan is considering a merger of its stock, commodity and other financial markets to boost their competitiveness in an increasingly fierce global environment, an official said Tuesday.
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New MD of Shilpa Bank
Md Amanullah has been made managing director of Bangladesh Shilpa Bank with effect from April 12, says a press release. Prior to this assignment, he was deputy managing director of Sonali Bank.
 
British pound breaks through $2 mark
The British pound broke through the $2 mark on Tuesday for the first time in nearly 15 years after new data showed an unexpected surge in inflation, prompting speculation of interest rate increases.
 
Indo-Asean FTA
Delhi to speed up duty cuts
India has decided to put the process of bringing down duties on edible oil on the fast track to reach an early agreement with the Association of South East Asian Nations (Asean) for a free trade agreement
 
Japan, Asean resume trade talks
Japan and the Association of Southeast Asian Nations (Asean) on Tuesday started a seventh round of talks aimed at sealing a comprehensive free trade deal this year, officials said.
 
Tesco posts record '06 profits
British supermarket giant Tesco, the country's biggest retailer, said on Tuesday that net profits soared by a fifth in 2006 to a record 1.892 billion pounds (2.777 billion euros, 3.767 billion dollars).
 
Danone shares fall
Shares in French group Danone dipped on Tuesday amid reports of escalating disputes with its Chinese and Indian partners. In late morning trading, the price of Danone stock had fallen by 2.
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Currency


 

 
   
 
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