The Daily Star: Internet Edition Tue. June 26, 2007

Vol. 5 Num 1091

Tue. June 26, 2007


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Business

Ministries free to outsource manpower to execute budget
Finance adviser says
Ministries are now free to outsource manpower and required guidance for implementing the FY 08 budget as the finance adviser told a discussion in Dhaka yesterday.

Hilsa Export thru' Benapole Land Port
Under-invoicing costs govt revenue
A section of traders are depriving the government of a huge amount of revenue as they export hilsa fish to India through under-invoicing, Benapole land port sources have said.

Women's share less than one-fourth in budget
Amidst huge expectations, the caretaker government has addressed a number of issues in the budget for the FY 2007-08. Government's good intent regarding gender equality has been focused.

Asia must innovate to stay competitive
World Economic Forum told
From China to Singapore, Asia must nurture a culture of innovation if the region is to emerge as a formidable global player, the World Economic Forum (WEF) on East Asia was told Monday.

Diversification of product stressed to boost exports
Speakers at a seminar yesterday stressed the need for giving priority to agro-based, light engineering, electronic and herbal medicine products to diversify the country's export items.

Primary voter list for FBCCI polls announced
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday published the primary voter list for its biennial election to the Board of Directors scheduled for August 16.

Banks open June 29-30
All commercial banks will remain open on the weekly holidays on Friday and Saturday (June 29-30) to facilitate government transactions, including revenue collection, at the end of the current fiscal year.

Local electrical goods show begins
A two-day fair of local electrical goods began at Dhaka Sheraton Hotel yesterday, says a press release.

Bata's int'l group product dev meet begins today
A two-day regional product development meeting of the Bata International Group of the Bata Shoe Organisation begins in Dhaka today, says a press release.

Bangladesh General Ins okays 15pc dividend
Bangladesh General Insurance Company Ltd has declared a 15 percent dividend (7 percent cash dividend and 8 percent stock dividend).

Currency