The Daily Star: Internet Edition Wed. July 04, 2007

Vol. 5 Num 1099

Wed. July 04, 2007


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Business

NBR survey in 5 metro areas, Rangpur from tomorrow
1.64 lakh people targeted for tax net
Aiming to bring 1.64 lakh people under tax net by this year, the National Board of Revenue (NBR) is going to expand its survey activities to five divisional cities and Rangpur Municipality area from tomorrow.

Increased duty on raw materials to up prices of MS rod
Say steel, re-rolling millers
Increased duty on raw materials will raise the prices of MS rod by Tk 5,000 to Tk 7,000 per tonne, say owners of steel and re-rolling mills.

350 students get scholarships from Islami Bank Foundation
Underlining the need for taking up human resource development programmes by commercial banks, Bangladesh Bank Governor Dr Salehuddin Ahmed has said that such initiatives can help run the economy towards

GP opens fibre link thru' Jamuna bridge
Mobile phone operator Grameenphone (GP) Ltd opened its fibre-optic cable link yesterday through the 4.8-kilometre-long Jamuna Multipurpose Bridge, says a press release.

StanChart gains island-wide presence in Taiwan
Standard Chartered on Monday became the first international bank to gain an island-wide presence in Taiwan, says a press release.

Financial fair next month
A financial fair will begin in Dhaka next month to create awareness about products and services the financial institutions offer.

Dollar hits 26-yr low against pound
Dollar sank to a 26-year trough against British pound on Tuesday, dealers said. Pound rose to 2.0197 dollars in early European trade -- the highest level since 1981. It later stood at 2.0166 dollars.

Currency