Vol. 5 Num 1035 Mon. April 30, 2007    
 
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Business
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Graft ups cost of doing business in Bangladesh
Dutch envoy tells Ficci meet
Corruption leads to higher cost of doing business in Bangladesh, observed the Dutch envoy in Dhaka yesterday.
 
Growths in Export, Remittance
BoP surplus reaches $577m in 8 months
Despite slow pace in FDI and foreign aid flow into the country, the overall balance of payment (BoP) surplus reached $577 million in the first eight months of the current fiscal year (2006-07), thanks
 
ACU board meet in Dhaka May 14-16
Bangladesh Bank will host the 36th meeting of the Board of Directors of Asian Clearing Union (ACU) in the city on May 14-16 for the second time in the last seven years.
 
Wolfowitz opposition growing firmer
Paul Wolfowitz encountered stiffening opposition Saturday to staying on as World Bank president amid allegations he showed favoritism in arranging a promotion and pay package for his girlfriend.
 
StanChart, DBBL sign deal on sharing ATM network
Standard Chartered Bank and Dutch-Bangla Bank Ltd (DBBL) yesterday signed an agreement on sharing their ATM network, under which customers of both the banks can withdraw cash from over 150 ATM (automated
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Health Package
Brac Bank, S'pore's airline, healthcare group team up
Brac Bank Ltd organised a press conference in Dhaka yesterday to highlight the features of a new service of the bank styled 'Medical File', the first of its kind in Bangladesh, says a press release.
 
Mittal tops Britain's rich list again
Indian-born steel tycoon Lakshmi Mittal on Sunday again topped the list of Britain's richest with a fortune estimated at 19.25 billion pounds (28.23 billion euros, 38.46 billion dollars).
 
Bangladesh trade fair in KSA June 30
A six-day single country Bangladesh trade fair will begin in Jeddah of Saudi Arabia on June 30.
 
Bank holiday May 1-2
Bangladesh Bank and all scheduled banks will remain closed on May 1 and 2 on account of the May Day and Buddha Purnima, said a central bank release.
 
NCC Bank approves 22.5pc dividend
National Credit and Commerce (NCC) Bank Ltd has approved 22.5 percent dividend (10 percent cash and 12.5 percent bonus share) for its shareholders for the year 2006.
 
US-EU leaders aim to boost economic ties
Summit opens today
US and EU leaders gather Monday at the White House to boost economic ties but harbor little hope of striking an accord on the increasingly divisive issue of global warming and how to combat it.
 
Chavez offers oil to leftist allies at 50pc discount
Venezuelan President Hugo Chavez late Saturday offered guarantees of cheap energy supplies to his leftist allies from Latin American and the Caribbean, saying his country was "putting its oil reserves
 
China hikes reserve ratio to slow economy
China's central bank on Sunday ordered major commercial banks to set aside more money in reserves in an effort to slow its economy after higher-than-expected first-quarter growth figures.
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Currency


 

 
   
 
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