The Daily Star: Internet Edition Wed. June 27, 2007

Vol. 5 Num 1092

Wed. June 27, 2007


News
Today's Index
Front Page
Business
Sports
Metropolitan
National
International
Culture
General


Views
Point-counterpoint
Editorial
Letters to Editor
Write to Editor


Sections
Star Chittagong


Others
About Us
Contact
Advertisement
Supplements
Archives

Business

DSE turnover hits all time high at Tk 234.44cr
The Dhaka bourse yesterday set another milestone as its turnover hit an all time high at Tk 234.44 crore with a huge number of National Bank shares worth Tk 32.8 crore changing hands in the block market.

CA asks BGMEA to comply with wage guidelines
Chief Adviser (CA) Dr Fakhruddin Ahmed yesterday noted with satisfaction a laudable contribution of RMG to the national economy and urged the BGMEA leaders to follow the guidelines of compliance in paying

15pc subsidy sought for jute sector
The government should increase the subsidy for jute sector to 15 percent from 7.

BB asks banks for lending SMEs
In a focus group discussion with the financial sector on Monday, the central bank urged the banks and financial institutions to lend small and medium enterprises (SMEs), says a press release.

ADB eyeing to boost clean energy programme
The Asian Development Bank (ADB) said Tuesday it was planning to boost its clean energy program to one billion dollars annually amid warnings Asia's contribution to green gas emissions could get worse.

Indo-Thai FTA talks next month
Thailand's military-installed premier Tuesday said his country would start fresh talks with India next month to conclude a free trade accord aimed at boosting bilateral trade.

China to curb speculative capital inflows, curtail export fraud
China said Tuesday that it was set to tighten the monitoring of speculative capital inflows and the crackdown on fraudulent export transactions that disguise the movement of speculative funds.

WB wants RMG sector to be more competitive
Apprehending job loss after removal of the multi-fibre agreement, the World Bank has suggested further investment in RMG sector of Bangladesh to make it more competitive.

Bangladeshi expats intend to purchase Oriental Bank
International Expatriate Welfare Society (IEWS), a forum for expatriate Bangladeshis in around 30 countries in the world, has expressed its intent to buy the troubled Oriental Bank.

IFC offers Exim Bank $5m to up trade finance
Export Import (Exim) Bank of Bangladesh Ltd is joining the Global Trade Finance Programme (GTFP) of International Finance Corporation, the private sector arm of the World Bank Group.

WB board okays Zoellick as president
The World Bank on Monday approved Robert Zoellick as its next president as the 185-country development lender moved to turn a page after a scandal that undermined its credibility around the world.

AKTEL's offer for inactive prepaid subscribers
Mobile phone operator AKTEL has recently launched "Re-activate your prepaid SIM & get your money doubled" offer for the inactive prepaid SIM customers, says a press release.

ACI declares 60pc dividend
Advanced Chemical Industries (ACI) Limited declared 60 percent dividend, i.e. Tk 6.

People's Leasing okays 30pc stock dividend
People's Leasing and Financial Services Ltd has declared a 30 percent stock dividend for the year 2006.

DSE's new CFO
Satipati Moitra has taken over as the chief financial officer (CFO) of Dhaka Stock Exchange (DSE) Ltd with effect from June 21, says a press release.

Wahaha to sue Danone for 5b euros
China's largest drink maker, Wahaha Group confirmed Tuesday it intends to sue its French partner Groupe Danone for up to five billion euros (6.7 billion dollars) for conducting illegal business.

Saudi Telecom to acquire 25pc stake in Maxis
State-owned Saudi Telecom will acquire a strategic 25 percent stake in Malaysia's Maxis Commu-nications in a deal worth 3.05 billion dollars, the official Bernama news agency said Tuesday.

Currency