Vol. 5 Num 747 Tue. July 04, 2006    
 
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Business
 
Dhaka to raise concern over Delhi's ban on export of essentials
Indo-Bangla meet on trade begins tomorrow
Bangladesh will push the interests of the business community at the fourth meeting of Bangladesh-India Joint Working Group (JWG) on trade that begins in Agortala, India tomorrow.
 
Bourses witness bearish trend in FY06
The country's bourses witnessed a bearish trend in the just concluded financial year due to tight monetary policy of the government, analysts said. In FY 2005-06, DSE General Index lost 350.
 
$150m IFC loan to Cairn for alleviating energy shortage in Bangladesh, India
Cairn Energy PLC will receive US$150 million loan from International Finance Corporation (IFC) to help alleviate energy shortage in India and Bangladesh under a project.
 
WTO has slim chance of overcoming crisis by new deadline
Trading nations are now in a race to another last-ditch deadline 28 days away to overcome weekend failure in Doha Round negotiations to free-up trade, but prospects for a deal and ending "crisis" forthe
 
Tehran unveils major privatisation plan
Iran's supreme leader Ayatollah Ali Khamenei has unveiled plans for a major privatisation of state industries apart from companies in oil and other critical sectors, press reports said Monday.
 
Geneva talks failure hits MDGs: UN official
The failure of a crucial WTO meeting to revitalise cuts in trade barriers is a big blow to global targets to reduce poverty by 2015, a senior UN official warned on Monday.
 
Benapole customs posts 10pc revenue growth
Benapole Customs House earned Tk 1238.66 core in revenue in the fiscal year 2005-06, achieving 99.9 per cent of its revenue earning target and posting a 10 per cent annual growth.
 
Industrial park for plastic products soon
An industrial park for plastic products will be set up at Maowa under Louhajang thana in Munshiganj district soon.
 
Oriental Bank exempted from maintaining CRR, SLR for 2 years
The government is going to exempt Oriental Bank from maintaining mandatory cash reserve ratio (CRR) and statutory liquidity requirement (SLR) for a period between July 2005 and June 2007 to help the bank
 
Oil price hits almost $74 in London
The price of oil reached almost 74 dollars per barrel in London trade on Monday, closing in on a historic high owing to supply concerns, dealers said.
 
ICAB seminar held
The Institute of Chartered Accountants of Bangladesh (ICAB) organised a seminar on Bangladesh Accounting Standards (BAS)-37, provisions, contingent liabilities and contingent assets in Dhaka on Thursday.
 
Lanka goes tough on loan defaulters
Sri Lanka's central bank Monday promised bigger fines for local and foreign banks that fail to report influential defaulters to the Credit Information Bureau (CRIB).
 
Reopening of Silk Route
India carries out mock trading today
India will carry out mock trading today at Nathu La along the historic Silk Route two days before the Himalayan outpost reopens for trade with China after 44 years, officials said.
 
Indonesia sees tourism fall after Bali attacks
Foreign tourist arrivals to Indonesia fell to 332,445 in May, down 3.33 percent compared to a year earlier led by slowing arrivals in Bali, the Central Bureau of Statistics said Monday.
 
Unemployment rate in Eurozone falls to 7.9pc
The unemployment rate in eurozone eased in May to nearly a five-year low point of 7.9 percent of the workforce from 8.0 percent in April, according to data published Monday by the EU's Eurostat data agency.
 

 
   
 
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