The Daily Star: Internet Edition Fri. July 27, 2007

Vol. 5 Num 1122

Fri. July 27, 2007


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Business

$2.9b Investment Plan in Bangladesh
Mittal hopes to end formalities by 2008
Even as the three billion investment proposal awaits the nod of Bangladesh government, India's Mittal Group, promoted by P K Mittal and V K Mittal, has said it is confident of completing formalities within

WIEF regional forum meet in Dhaka Nov 3-5
Pvt sector's lead role stressed in integrating economies of Muslim-majority nations
The private sector must take the lead in integrating economies among the region's Muslim-majority nations who are part of the World Islamic Economic Forum (WIEF), which is due to hold its first regional

Int'l confce on accountancy kicks off today
Aiming to find out more transparent way to ensure accountants' services to the stakeholders, a two-day long international conference styled 'Transparency, accountability and the accountant' begins today

Rich states criticised for 'failure' to allocate funds for achieving MDGs
Journalists and media personalities from South Asian countries have criticised developed nations for their 'failure' to allocate the funds they earlier promised for achieving the millennium development

East Asian growth robust: ADB
Economic growth in emerging East Asia was stronger than expected in the first half this year but soaring capital inflows have become a big concern, the Asian Development Bank (ADB) said Thursday.

US, developing states criticise WTO proposals on industrial trade
The United States and prominent developing nations on Wednesday dampened hopes of swift progress in stuttering global trade talks by sharply criticising proposals for cuts in barriers to industrial goods

4-day textile machinery expo begins
A four-day international exhibition of textile and garment machinery, accessories, fabrics and related services started at the Bangladesh-China Friendship Conference Centre in the capital yesterday.

Italy-Bangla jt venture plant in Karnaphuli EPZ soon
A joint venture company of Italy and Bangladesh will set up a plant for producing rolling shutter and accessories in Karnaphuli Export Processing Zone (EPZ).

Local businesses urged to visit expo in S'pore
Organisers of an international exhibition in Singapore have urged Bangladeshi businesspeople to visit the fair scheduled for August 15 -19.

Telekom Malaysia's half-yearly profit jump 30pc
Telekom Malaysia on Thursday announced a 29.8 percent jump in half-year net profit on improvements in its domestic operations and boosted by a one-off gain.

China to unseat Germany as exports champion
China will dethrone Germany as the world's leading export nation next year, according to a survey published by the DIHK German federation of chambers of commerce on Thursday.

S'pore Airlines' first A380 flight to be sold for charity
Singapore Airlines, the first airline in the world to fly the new Airbus A380, is preparing for the first commercial flight of the new double-decker jumbo jet, from Singapore to Sydney and return in October

Rupali Ins declares 20pc stock dividend
Rupali Insurance Company Ltd has declared a 20 percent stock dividend for the shareholders for the year 2006.

Currency