The Daily Star: Internet Edition Thu. March 02, 2006

Vol. 5 Num 625

Thu. March 02, 2006


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Business

ISPs seek separate board to manage submarine cable
Internet service providers (ISPs) yesterday urged the government to form a separate board with representatives from all stakeholders for managing the submarine cable project.

Bourses close higher
The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) closed higher yesterday for the second consecutive day with gainers outnumbering losers.

Bangladesh bags $12m apparel order from Las Vegas show
The country has bagged apparel export orders worth US$ 12 million from ASAP Global Sourcing Show in Las Vegas, USA during February 20-23.

Bangladesh fair in KSA in May
Bangladesh Business Community (BBC) in Saudi Arabia will organise a four-day single country trade fair in the kingdom from May 25.

S'pore, ROK free trade pact enters into force
Singapore's free trade agreement with South Korea will enter into force on Thursday after both nations completed legal and administrative procedures for its implementation.

US leads new WTO push on services
The United States said Tuesday it had launched a new drive to prise open up services markets around the world in a bid to advance WTO talks.

Writ petition for stay on TO licence vacated
A women entrepreneurs' association headed by Nasreen Awal Mintoo filed a writ petition with the High Court for a stay on the T O licence by commerce ministry to Bangladesh Women Chamber of Commerce and

Subaru cars launched
REL Motors Ltd, a concern of Rangs Group of Companies, yesterday formally launched Japanese Subaru cars in Bangladesh market.

EU unveils fund for workers hit by globalisation
The European Commission unveiled on Wednesday a multi-million euro annual fund to help people who have lost their jobs as world trade patterns change.

Mobile phone sales hit 817m in 2005
Worldwide sales of mobile telephones rose by 21.0 percent last year when a total of 816.

Oil prices gain on supply fears
World oil prices climbed on Wednesday on persistent worries about supplies, linked to developments in the Middle East and Nigeria, while traders awaited the latest weekly snapshot of US crude stocks.

HSBC launches 'money manager'
The Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh has launched a new service product titled 'Money Manager', for its corporate customers.

Singapore Airlines begins flights to Moscow
Singapore Airlines (SIA) will kick off a thrice weekly flight to Moscow via Dubai on Wednesday, the flag carrier said.