Vol. 5 Num 909 Sun. December 17, 2006    
 
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Business
 
Govt to provide 20pc subsidy for meat exporters
BB warns against any malpractice
The government has decided to provide 20 percent subsidy to the exporters of halal meat in order to encourage its export.
 
China hosts first energy summit, urges oil consumers to unite
China, hosting its first major energy summit on Saturday, urged top oil consumers to join together in the face of resurgent producer power and sought to paper over differences on how best to achieve energy
 
Phone, cable companies to battle in 2007
Vonage tanked after its IPO. It's not entirely clear anymore why eBay paid $2.6 billion for Skype.
 
Dollar extends gains as market shakes off inflation report
The dollar extended its modest rally Friday as investors shook off a tame inflation report, focusing instead on data showing strong capital inflows and improving industrial output.
 
India's growth prospects strong
Says WB
Globalisation could spur faster growth in average incomes over the next 25 years than during 1980-2005, with developing countries playing a central role, a World Bank report has said.
 
WTO Commitments
China regrets US assessment
China's commerce ministry on Friday expressed regret over the United States' harsh assessment of its compliance with its WTO promises, saying the criticisms were not objective.
 
Dhaka Phone offers handset, connection at Tk2000
Dhaka Phone (DP), a PSTN (public switched telephone network) operator, has recently offered a package to its clients at competitive prices, says a press release.
 
Equity Partners, German firm sign co-op deal
DEG, a German investment and development company, has recently entered into a cooperation agreement with one of the Bangladesh's leading merchant banks, Equity Partners Limited (EPL), according to a press
 
Siemens Water Tech plans $50m global water centre in S'pore
Siemens Water Technologies, a leader in products, systems and services for water and used water treatment, formally announced Thursday that it is planning to set up a US $50 million global water research
 
Indian Bank IPO likely soon
Indian Bank is likely to hit the capital market with its 85,950,000 shares by January-end after necessary approvals from the Securities and Exchange Board of India (Sebi).
 
Kuwait revenues jump 17pc
Kuwait's revenues in the first eight months of the current fiscal year topped 37 billion dollars, a 17-percent increase over the same period last year, on the back of high oil prices, a report said Saturday.
 
Hyundai may build plants in S America, SE Asia
Hyundai Motor Co, which is currently developing low-priced vehicles targeting Southeast Asian and South American markets, may build production plants there, the automaker's vice chairman Kim Dong-jinsaid
 
Japan to continue ODA to India
Japan on Friday said it will continue to provide Official Development Assistance (ODA) to India on a priority basis for strengthening their partnership and supporting New Delhi's efforts to accelerate
 
Nepal to unveil tourism master plan
The Nepali government is going to introduce Nepal Tourism Master Plan, 2006, aimed at maintaining regional balance and alleviating poverty by developing Nepal a destination of natural beauty and quality
 
US okays probe into China subsidy to exporters
The U.S. International Trade Commission on Friday approved the first U.S.
 
Citibank opens branch at Dhanmondi
Citibank, NA, Bangladesh opened a new branch on Satmasjid Road at Dhanmondi in Dhaka yesterday, says a press release.
 
Walton launches energy saving power tiller
RB Group of Companies Ltd, a local marketing firm of electrical, electronics and automobile products, recently introduced Walton energy saving power tiller in Bangladesh market, says a press release.
Picture
Office bearers of Crop Protection Assoc
Kazi Ali Hossain of Padma Oil Company Ltd and Md Shoaib Choudhury of SAMP Ltd have been elected chairman and general secretary of Bangladesh Crop Protection Association (BCPA).
 

 
   
 
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