Vol. 5 Num 901 Sat. December 09, 2006    
 
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Business
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Dhaka int'l trade fair draws huge crowd
Show to gain momentum soon if political impasse ends: Participants
Seven days into its inauguration, Dhaka International Trade Fair (DITF) 2006 yesterday experienced a huge number of visitors with participants expecting considerable turnout in the coming days.
 
Helping Poor Benefit From Growth
Projects need more attention: WB
A recent World Bank (WB) study has stressed the need for more attention to help the poor benefit from the accelerated growth over the last five years in the World Bank borrowing countries, including Bangladesh.
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Improving Financial Management
Take services of cost and management accountants
Wahiduddin Mahmud urges govt
Economist Wahiduddin Mahmud yesterday urged the government to get cost and management accountants (CMAs) involved in financial management system to bring about more transparency in public sector finance
 
Airbus to up investment in India to $1b
Lured by the long-term growth potential of India's burgeoning civil aviation sector and resultant business prospects, European aircraft maker Airbus has said it would double investment in this country
 
Wheat, corn prices at 10-year highs: FAO
Wheat and corn prices have hit 10-year highs, the UN Food and Agriculture Organization said Thursday, adding that global spending on foodstuffs could reach record levels this year.
 
WB chief looks to China to help cut African poverty
The World Bank hopes to work with China to bring development to Africa and other poverty-stricken regions, the World Bank's vice president for the Asia-Pacific said Thursday.
 
Oil rises near $63
Oil prices rose Friday, supported by a possible production cut by OPEC countries and amid violence in Nigeria, Africa's largest oil producer.
 
Trade friction with China may escalate, says US
The United States sees potentially escalating trade friction with China next year as Beijing is stepping up restrictions on foreign investment and recent US Congressional elections create uncertainty,
 
Maruti launches new model car
Maruti Udyog Limited launched Zen Estilo in Kolkata on Thursday. The car comes in three variants --Lx, Lxi and Vxi--and in eight colours.
 
Leading economic indicators point to growth: OECD
Leading economic indicators suggest that growth is set to continue in the world's biggest economies, the OECD said on Friday. The OECD composite leading indicator (CLI) increased by 0.2 percent to109.
 
US adds 132,000 jobs in Nov
US employers added 132,000 jobs in November, the government announced Friday in a report that suggests overall economic momentum remains healthy. The unemployment rate edged up to 4.
 
Dollar stable before US jobs data
The dollar steadied against the euro on Friday before publication of key US employment figures for November. In early European trading, the euro stood at 1.3285 dollars from 1.
 
Oracle offers $1.2b for India's i-flex
Oracle Corp boosted its offer for Indian banking software provider i-flex Solutions Ltd to $1.3 billion, driving up i-flex shares 17 percent to a record high.
 
Weekly Currency Roundup
December 03-December 07, 2006
Local FX Market

Demand for US dollar was stable in throughout the week and USD rose against Bangladeshi taka.

 

 
   
 
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