Vol. 5 Num 1073 Fri. June 08, 2007    
 
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Business
 
Power outage takes huge toll on tea industry
The frequent power outage has badly affected the country's tea production this year, industry insiders said.
 
Business Software
SAP may sign 10 deals with Bangladesh firms within months
SAP, the Germany-based business software giant, is expected to sign around 10 business contracts in Bangladesh within the next few months.
 
Stagnant farm output worries Delhi
India's finance minister said Thursday that he was worried about near-stagnant farm output that has forced the country to import grains to feed its billion-plus people.
 
Kunming fair kicks off
DCCI co-organiser
The five-day 15th China Import and Export Fair-2007, co-organised by Dhaka Chamber of Commerce and Industry (DCCI), began at Kunming International Trade and Convention Centre in China on Wednesday, says
 
One fifth of world's workers work over 48 hours a week: ILO
More than one fifth of the global workforce spends more than 48 hours a week at work, with many workers in the poorest countries forced to opt for long hours given their meagre wages, the International
 
Citigroup announces 10 cash management mandates in Asia Pacific
Citigroup has announced the signing of cash management mandates for ten leading global and regional companies, says a press release.
 
High-profile ROK business team in town
A high-profile South Korean business delegation arrived in Dhaka yesterday on a 4-day visit to Bangladesh to explore possibilities of investment in a number of key areas including energy, power and agriculture,
 
US urges India to withdraw wheat ban
The United States urged India Thursday to end an effective ban on imported US wheat, saying the measure only meant New Delhi had to pay more than it needed on the international market.
 
BATB okays dividend
British American Tobacco Bangladesh (BATB) on Wednesday approved the company's proposed dividend of Tk 3 per share, according to a press release.
 
Square Textiles declares 30pc cash, 15pc stock dividends
Square Textiles Ltd yesterday declared 30 percent cash and 15 percent stock dividend for the year 2006, says a press release.
 
Toyota's global hybrid sales top 1m
A decade after the first Prius went on sale, Toyota's global sales of hybrid vehicles have hit a landmark 1 million, underlining the Japanese automaker's lead in "green" technology that has changed the
 
Proton, Volkswagen close to tie-up
Malaysia's ailing national carmaker Proton and Volkswagen AG are close to sealing a tie-up that will likely see the German firm take a 51 percent stake in its key assets, a report said Thursday.
 
LG Electronics, Microsoft in patents deal
Microsoft Corp and South Korea's LG Electronics (LGE) said Thursday they have reached a patent cross-licensing agreement aimed at further developing each other's current and future products.
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