Vol. 5 Num 826 Fri. September 22, 2006    
 
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Business
 
Appreciation of taka against dollar under close watch
Says BB governor
The country's central bank chief yesterday said the recent appreciation of taka against US dollar is now under close watch of the Bangladesh Bank to find if there is any manipulation from behind the scene.
 
Impact of Thai Coup
Indian corporate sector not concerned
The Indian corporate sector, which has a sizable presence in Thailand, is right now not unduly concerned over the possible effect of military coup on business prospects in Thailand and exuded confidence
 
Silk Road pass to increase China tourists to India
India is expected to witness a boom in tourism when a proposal to open a Silk Road mountain pass to China for regular travellers comes into effect, a study said Thursday.
 
Doha revival seen vital for beating poverty
Resurrecting the stalled Doha round of World Trade Organisation talks is crucial if developing nations are to find a sustainable path out of poverty, the influential global aid group Oxfam said.
 
Hearing on Jamuna Bank now Oct 4
Securities and Exchange Commission (SEC) yesterday re-fixed the date of hearing on Jamuna Bank Ltd following the bank's appeal to reschedule the date.
 
Banking hours during Ramadan
The office time of Bangladesh Bank (BB) and all scheduled banks for the month of Ramadan has been rescheduled between 9am and 3pm with transition hours from 9am to 2pm.
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Square Pharma declares 75pc cash, 20pc stock dividends
Square Pharmaceuticals Limited has declared a 75 percent cash dividend and a 20 percent stock dividend (bonus share) for its shareholders for the year ending March 31, 2006.
 
AKTEL launches 'Showcase Malaysia'
Mobile phone operator AKTEL on Wednesday launched a promotion campaign titled 'Showcase Malaysia' under which customers will get an opportunity to visit Malaysia through an SMS-based quiz.
 
Nokia to put Microsoft search on cellphones
The world's top handset maker Nokia said on Thursday it has agreed with Microsoft to integrate Live Search capabilities into Nokia's Mobile Search.
 
US willing to improve offer to cut farm subsidies
Visiting US Secretary for Agriculture Mike Johanns has said the United States is willing to improve its existing offer to cut billion-dollar subsidies to its farmers in a move that could revive the stalled
 
Oil could slide to $40!
World oil prices could drop to as low as 40 dollars a barrel by mid-2007 over receding geopolitical concerns but a collapse to pre-2003 prices is ruled out, Opec's former acting secretary general said
 
Emirates may cancel big Airbus order
Emirates said Thursday that its order of 45 Airbus A380 jumbo jets was "up in the air," after the manufacturer announced deliveries of the plane would be delayed.
 
US jobless claims climb by 7,000
The number of newly laid-off workers filing for unemployment benefits rose last week by the largest amount since early August, providing further evidence that US economy has slowed.
 

 
   
 
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