The Daily Star: Internet Edition Mon. May 21, 2007

Vol. 5 Num 1055

Mon. May 21, 2007


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Business

DSE turnover hits all time high at Tk 160.71cr
Total turnover on the Dhaka Stock Exchange (DSE) yesterday hit all time high at Tk 160.71 crore, surpassing the previous highest of Tk 159.20 crore on February 5 this year.

UAE Labour Minister Due Today
Joint body on overseas employment issues likely
Bangladesh and the United Arab Emirates (UAE) are likely to form a joint committee on monitoring and implementing the issues relating to manpower export under a memorandum of understanding (MoU) thatis

No Extra Charges to Shipping Agents, Vessel Operators
RMG exporters hope to save crores of taka
Welcoming the new decision relating to terminal handling charges at Chittagong Port, garment manufacturers and exporters yesterday said they can save hundreds of crores of taka a year.

Ending extreme poverty in coming decade
South Asians need to strengthen human development: WB official
Banking on the current pace of growth, South Asians need to strengthen human development and improve governance to put an end to extreme poverty in the coming decade, a top official of the World Banksaid

GP starts safe motherhood, infant care programme
Grameenphone, the leading cell phone operator, has launched a programme named 'safe motherhood and infant care' in association with Pathfinder International to provide free comprehensive primary healthcare

Reduce gap between lending and deposit rates
BB governor asks banks as Shahjalal Bank launches VISA cards
Bangladesh Bank (BB) Governor Dr Salehuddin Ahmed has urged the commercial banks to reduce the gap between lending and deposit rates.

AIMS to float another mutual fund
AIMS of Bangladesh Limited, the only asset management company in the private sector, has applied to the Securities and Exchange Commission (SEC) for registration of the third mutual fund of the country

Bangladeshi exporters get over $1m orders in Sydney show
Bangladeshi exporters obtained spot orders of more than million dollars as well as some queries which would eventually lead up to few more million dollars worth of orders from Australian importers inSydney

Dhaka to welcome Pak investment
Iftekhar tells Karachi businesses
Foreign Adviser Dr Iftekhar Ahmed Chowdhury has said Dhaka would welcome Pakistani businesses to invest in Bangladesh in a business-friendly environment.

Bengal Meat starts export
The country's export basket has got a new item 'Halal meat' as Bengal Meat Processing Industries Limited (BMPIL) has started exporting it to the Middle East.

Russia rules out EU agreement before WTO entry
Moscow will not renegotiate a key co-operation agreement with the European Union until Russia secures entry to the World Trade Organization, a top minister said Sunday in a rebuff to Brussels.

Radisson official awarded
Saeed Ahmed, director of Sales & Marketing of Radisson Water Garden Hotel Dhaka, has been awarded 'Director of Sales & Marketing of the Year 2006' in the Carlson Hotels Worldwide 2007 Business Conference

Developing states seek G8 help to eradicate poverty
A summit of G11 developing countries on Saturday agreed to push for cooperation with G8 industrialised nations and boost multilateral ties in a bid to lift millions of people out of poverty.

China trade, currency policy to come under US scrutiny
The United States is expected to prod China to step up economic and financial reforms during high-level dialogue this week where Chinese trade and currency practices will come under scrutiny.

Myanmar trade volume leaps 40 percent
Trade volume in military-run Myanmar, which is under US and European economic sanctions, leapt 40 percent to 7.93 billion dollars in 2006-2007, a semi-official newspaper reported Sunday.

Currency