The Daily Star: Internet Edition Fri. May 11, 2007

Vol. 5 Num 1045

Fri. May 11, 2007


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Business

Foreign investors urged to tap opportunities in capital market
Dhaka confce for investors begins
As the first-ever international investors' conference began in Dhaka yesterday, speakers at the inaugural session urged foreign institutional investors to avail of the opportunities lying in Bangladesh

GP wants to make sure its shares go to general public
CEO talks to The Daily Star
As Grameenphone is working on to get listed on the local stock market, the country's leading mobile phone operator wants to make sure the shares go to general public.

Automatic flour mill opens in Ashulia
Ifad Multiproducts Ltd, a local company, has opened an automatic flour mill in Ashulia on the outskirts of Dhaka with a daily production capacity of 160 tonnes.

Asian women struggle in workplace: ILO
Women in parts of Asia still struggle to find decent jobs despite rapid economic growth, and when they do, they face discrimination and inferior pay, the UN labour rights watchdog said Thursday.

Thais urged to invest in Bangladesh
Hossain Khaled, president of the Dhaka Chamber of Commerce of Industry (DCCI), has urged Thai entrepreneurs to invest in different sectors of Bangladesh.

Oil up in Asia
Oil prices were higher in Asian trade Thursday, picking up after losses overnight following the latest US inventory data which showed a large rise in crude and gasoline (petrol) reserves, dealers said.

BOC declares 70pc dividend
BOC Bangladesh Ltd has declared dividend at the rate of 70 percent i.e. Tk7 per ordinary share for the year 2006.

OECD sees growth slowing in major economies
The economies of leading industrialised countries should slow in coming weeks despite an improvement in a key growth indicator in March, which also showed continuing robust activity in China, the OECD

French economy perks up ahead of Sarkozy takeover
French economic prospects showed fresh signs of life on Thursday, with positive industrial and trade trends, as Nicolas Sarkozy prepares to begin a five-year presidential term promising to free up the

Diesel engine oil of Indian firm launched in local market
Hindustan Petroleum Corporation Ltd (HPCL), a private petroleum fuel company of India, has officially launched 'HP Milcy Turbo' brand diesel engine oil in Bangladesh market.

HSBC, Aviva to launch joint insurance venture
HSBC and Aviva, the biggest retail bank and the biggest insurer in Britain, said on Thursday that they would create a general insurance joint venture in their home market.

Currency