The Daily Star: Internet Edition Mon. October 02, 2006

Vol. 5 Num 836

Mon. October 02, 2006


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Business

Govt borrowing from domestic sources shoots up 48pc in July
The government's borrowing from domestic sources shot up by 48 percent in the very first month of the current fiscal year due to decline in foreign aid and revenue collection.

Product show to help boost capacity of women entrepreneurs: Minister
6-day Asian Eid fair kicks off
Exposition of products by regional manufacturers will help boost capacity of women entrepreneurs in improving their quality and skill of production, Commerce and Water Resources Minister Hafizuddin Ahmed

DSE turnover on the decline
Turnover on Dhaka Stock Exchange (DSE) continued to decline as it dipped to Tk 25.21 crore yesterday. The turnover was Tk 30.07 crore on Thursday, Tk 38.64 crore on Wednesday and Tk 59.

BB Dy Governor Rumi Ali gets extension
The government has extended the service of Bangladesh Bank Deputy Governor Mohammad A (Rumi) Ali until June 2007, the central bank sources said yesterday.

Malaysian minister woos tourists from Bangladesh
Visiting Malaysian Tourism Minister Datuk Seri Tengku Adnan Tengku Mansor yesterday invited Bangladeshi tourists to visit his country in 2007 as the Southeast Asian state is going to celebrate its 50years

First Dhaka int'l cellphone fair Oct 10
A week-long International Mobile Phone Fair-2006 will begin at Bhasani Novo Theater in the capital on October 10.

US law to harm trade interests: China
Beijing said Sunday that it had noted the postponement of US legislation aimed at slapping sanctions on China for undervaluing its currency, and again cautioned against new measures.

Row brews in India over spl economic zones
A major row is brewing in India over Special Economic Zones (SEZ) which have been touted by the government as a way to lure foreign investment and boost exports.

Citigroup made number one in Asiamoney poll
Asiamoney magazine, one of Asia's leading monthly financial magazines, has announced the results of its Asian FX poll for 2006.

Fruit left to rot as US farmers struggle with labour shortage
Tougher US-Mexico border controls are having an acute impact on American produce growers, farmers groups say, with tonnes of fruit and vegetables left rotting amid crippling labor shortages.

Japanese firms concerned over quality decline
Makers representing Japan's manufacturing prowess, including Sony Corp., Hitachi Ltd. and Toyota Motor Corp., have seen a decline in product quality since last year.

ROK exports record high in Sept
South Korea's exports jumped 22 percent year-on-year to hit a record high of some 30 billion dollars in September thanks to robust overseas demand, government data showed Sunday.