Volume 5 Number 39 Sun. July 04, 2004    
 
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Bangladesh needs to mobilise gas for domestic growth
Dr Jeffrey Sachs tells The Daily Star
Renowned development economist Dr Jeffrey Sachs suggested a three-pronged formula for faster development in Bangladesh: mobilise natural gas for domestic growth rather than export, demonstrate the implementation
 
CityCell switches to next generation network
Pacific Bangladesh Telecom Limited (PBTL) has awarded Motorola for supplying the very first "soft-switch" technology for expanding and upgrading its CityCell cellular mobile network by September.
 
10 new companies join CDS
Ten more companies including six multinationals have joined the central depository system (CDS) dematerialising their shares, which will pave the way for paperless settlement of the securities.
 
Opec could back off output increase: Iran
Iranian Oil Minister Bijan Namdar Zanganeh said Saturday that current oil prices were "good" and that Opec could consider delaying a scheduled production increase when it meets later this month.
 
Peoples Ins declares 25pc dividend
Peoples Insurance Company Limited has declared a 25 percent dividend for the shareholders for the year 2003.
 
Asia Ins okays 10pc dividend
Asia Insurance Limited has announce a 10 percent dividend for the shareholders for the year 2003.

The dividend was approved at the 4th annual general meeting of the company held in Dhaka recently.

 
India sets 16pc export growth target for ’04-05
India is aiming for a 16 percent growth in exports to reach 73.4 billion dollars in fiscal 2004-2005, the commerce ministry said Friday.
 

 
   
 
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