Vol. 5 Num 965 Fri. February 16, 2007    
 
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Business
 
MDGs by 2015
Public sector accountability key to reaching targets: WB
Steady economic growth alone cannot be the only means for Bangladesh to achieve the targets of millennium developments goals (MDGs) by 2015, rather improving accountability and transparency of service
 
Ctg int'l trade fair kicks off
The month-long 15th Chittagong International Trade Fair (CITF 2007) kicked off yesterday at the city's Railway Polo Ground under the auspices of Chittagong Chamber of Commerce and Industry (CCCI).
 
Apec mining ministers agree to probe free trade plan
Ambitious plans for an Asia-Pacific free trade area have edged forward with Apec mining ministers agreeing at a meeting this week to work on breaking down barriers.
 
Vodafone may invest over $2b in India
Fresh from its acquisition of India's fourth largest mobile phone operator Hutchinson Essar, British telecoms major Vodafone has said it would invest more than two billion dollars in India in the next
 
Saarc business leaders' meet begins today
FBCCI team off to Mumbai
Mir Nasir Hossain, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), left here for Mumbai yesterday to attend a three-day 38th Executive Committee meeting of Saarc Chamber
 
Gold hits 7-month high above $670
The price of gold struck 670.65 dollars an ounce in London trading on Wednesday, the highest level since mid-July 2006. James Moore, an analyst for specialist website TheBullionDesk.
 
India cuts fuel prices
India's inflation rate has reached a two-year high of 6.73 percent, the government said yesterday, even as it ordered fuel prices cut in the latest of a series of moves to rein in inflation.
 
Red tape stifles Sri Lanka's business confidence
High taxes and rigid labour laws are weighing on business confidence in troubled Sri Lanka, which is one of the worst places to do business in South Asia, a new World Bank study says.
 
Pubali Bank recommends 75pc bonus share
Pubali Bank Ltd has recommended a 75 percent bonus share (3 bonus shares for every 4 ordinary shares) for its shareholders for the year that ended on December 31, 2006.
 
Danone profits drop 7.5pc in '06
French food giant Danone reported a 7.5-percent drop in profits for 2006 on Thursday but the price of its shares rose by 2.83 percent in early trading. Net profit fell by 7.
 
Desco recommends 20pc cash dividend
Dhaka Electric Supply Company (Desco) Ltd has recommended a 20 percent cash dividend for its shareholders for fiscal year 2005-06.
 
Vietnam may grab bigger footwear market in US
With US footwear importers looking to diversify their suppliers, Vietnamese firms can grab a bigger share of the lucrative market if they focus on improving quality, local newspaper Vietnam News reported
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