The export-oriented leather sector expects to bounce back from slow business targeting the upcoming Eid-ul-Azha.

Big firms are pouring investment in chain restaurant business, driven by a growing trend of eating-out among urban people.

Garment owners have assured that they will pay workers full salary for October and half of November to avert any untoward incident before the Eid.

Dhaka Stock Exchange kept up the momentum of last week, as banking shares led the rally yesterday.

Annisul Huq, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has been elected as the president of the Saarc Chamber of Commerce and Industry for 2010-2011.

An increased use of plastic money pulls in more earnings in taxes for the government. Shops in the US and many European countries prefer debit or credit cards to cash. The same system persists in many emerging Asian countries as well.

Bapu Kamble raised his right arm and pinched his thumb and forefinger together, as instructed by the photographer in front of Mumbai's Gateway of India monument and Taj Mahal Palace and Tower hotel.

The state-run investment promotional agency will re-launch its One Stop Service to provide better services to entrepreneurs expediting investment processes, its chief told a seminar in Dhaka yesterday.

The government will soon develop special economic zones (SEZs) to lure both foreign and domestic investments, said Industries Minister Dilip Barua yesterday.

The central bank should take measures to ensure effective liquidity management with its mechanism to safeguard the economy, said the economic affairs adviser to the prime minister yesterday.

OLYMPIC
Unaudited quarterly accounts for the first quarter to September 30 this year show the company has made a net profit of Tk 39.11 million with EPS of Tk 20.21 against Tk 19.73 million and Tk 10.20 respectively for the same period of the previous year. Turnover and costs of goods sold by the company for the quarter were Tk 527.15 million and Tk 389.33 million against Tk 496.87 million and Tk. 391.82 million respectively for the same period a year ago.

Al-Arafah Islami Bank has revised its plan of launching a Tk 100 crore Islamic mutual fund.

Grameen Cybernet Ltd launched IP (internet protocol) telephony service, offering free calls to customers within the IP network.

The outgoing chief of the foreign investors' chamber has suggested that the government immediately move to develop infrastructures, pointing out that entrepreneurs will not show any interest in making any investment in Bangladesh if not problems like gas, electricity and water are not resolved.

Bangladesh Brand Forum (BBF) has launched its innovative project, Knowledge Centre, yesterday.

President Zillur Rahman urged the science, information and communication technology ministry to take pragmatic and necessary measures to make the country's greater portion familiar with ICT to ensure faster development in all sectors.

Apple Inc's iPhone is coming to South Korea this week, a local carrier announced Sunday, bringing the iconic communications device to one of the world's most sophisticated mobile phone markets.

China's economy could grow by over 10 percent in the fourth quarter of 2009 spurred by massive investment and rising consumption, the state press said Sunday, citing a top government think tank.

LyondellBasell Industries said Saturday Reliance Industries offered to acquire a controlling interest in the beleaguered chemical company, which is under Chapter 11 bankruptcy protection.

Total net profits of firms listed on the Kuwait Stock Exchange slumped by about 73 percent in the first nine months of the year due to the global financial crisis, an economic report said on Sunday.

Britain's business leaders gather here on Monday for an annual conference expected to focus on how companies can recover from the country's longest recession on record.