The Daily Star: Internet Edition Mon. December 11, 2006

Vol. 5 Num 903

Mon. December 11, 2006


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


Views
Point-counterpoint
Editorial
Write to Editor


Sections
Special


Others
About Us
Contact
Advertisement
Supplements
Archives

Business

Asean's market dreams face tough reality
Needing to forge a regional single market to fight off competition from China, Asean nations were supposed to sign a deal this week moving up the target date five years to 2015.

Govt borrowing from domestic sources up 173pc in Jul-Sept
Government's borrowing from domestic sources, which include banks and savings instruments, marked a 173 percent rise in the first three months of the current fiscal year (2006-07) as it reached Tk 3,523

Cabinet body okays purchase of 11 lakh tonnes of petroleum
The Cabinet Committee on Purchase (CCP) yesterday approved a proposal to purchase 11 lakh tonnes of petroleum products worth Tk 4,521 crore from the Kingdom of Saudi Arabia (KSA) and Abu Dhabi.

Infosys enters Nasdaq-100 club
Software giant, Infosys Technologies, is all set to become the first Indian company to be included in the much coveted Nasdaq-100 index from 18 December.

India to overtake China in 5 years: Experts
Some economists, industrialists and management experts today believe that India will eventually overtake China within the next five years in terms of foreign direct investment and have very practicalexplanations

Civil Nuclear Trade
Executives of US firms in India for $100b deals
Even before the US Congress passed the historic legislation allowing civil nuclear trade with India, senior executives of American companies engaged in nuclear energy business landed in the country where

China automakers see tough road to global market
China has created a vibrant auto industry over the past two decades, but executives said on Sunday that a significant gap still separated local manufacturers from the world's top brands.

China Eastern Airlines opens new routes for Bangladesh passengers
China Eastern Airlines has introduced new routes for passengers from Bangladesh to travel to London, Paris, Frankfurt, Moscow, New York, Los Angeles, Vancouver, Sydney and Melbourne, says a press release.

Strong currency shrinks ROK's export-driven economy
South Korean companies are being seriously squeezed by the won's rise as the appreciation of the local currency is greater than they had expected earlier this year, businessmen and analysts say.

S'pore's Parkway Group Healthcare opens info centre in Ctg
Singapore's Parkway Group Healthcare Limited yesterday formally announced the launch of an information centre here in the port city.

Hanoi to regulate prices
Viet Nam will increasingly regulate prices in tune with market principles, said Nguyen Tien Thoa, deputy director of the Price Management Department under the Ministry of Finance.

8 foreign banks apply for registration in China
China's banking regulator said it had received eight applications from foreign banks for local registration, which it would begin processing on Monday, a first step in granting national treatment.

Saudi Electricity awards $973m contracts to GE
Saudi Electricity Co said on Sunday it had awarded U.S. firm General Electric contracts worth 3.65 billion riyals ($973 million) to help expand three power plants in key regions of the country.