The Daily Star: Internet Edition Mon. June 04, 2007

Vol. 5 Num 1069

Mon. June 04, 2007


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Business

Apartment prices to go up 20-40pc in Dhaka
Say developers
Prices of apartments in Dhaka will go up by 20 to 40 percent, as building materials have now become dearer, developers said yesterday.

DSE turnover hits all time high at Tk206.79cr
The Dhaka bourse yesterday set another milestone with the total turnover hitting an all time high at Tk 206.79 crore, surpassing the previous record of Tk 178.98 crore on May 27.

India ready to open up its market to other Saarc countries
Says Pranab Mukherjee
India, the current chairman of South Asian Association of Regional Cooperation (Saarc), said yesterday that it was ready to open up its market to other countries of the regional grouping without insisting

Lack of proper access to finance seen main barrier to SME growth
Lack of proper access to finance is thLack of proper access to finance is the main barrier to flourishing small and medium enterprises (SMEs) in Bangladesh, speakers observed at a seminar yesterday in

Managing food security to sustain political transition
[This article has summarised in two instalments a paper available at www.ergonline.org. The first part looked into the plausible reasons of price increase observed.

IFC-SEDF seminar on business competitiveness
In a bid to help local businesses prosper under the ever-growing competition, IFC-SEDF, the private sector arm of the World Bank, organised a training seminar on competitiveness.

Impact PR launches operations in Ctg
Impact PR, a public relations firm, on Friday launched operations in Chittagong as part of its expansion programme, says a press release.

Sonali Bank registered with Registrar of Joint Stock Companies
Sonali Bank, a nationalised commercial bank, yesterday was registered with the Registrar of Joint Stock Companies and Firms (RJSCF) to operate as a public limited company.

Dubai property boom to continue
The burgeoning property boom in Dubai looks set to continue until at least 2010, a report released on Sunday said, dismissing widespread forecasts of a looming correction in property prices.

Prime Bank's new vice chairpersons
Shahnaz Quashem and Hasina Khan have been elected the new vice-chairpersons of Prime Bank Ltd, says a press release.

Indonesia faces shortage of skilled workers
Indonesia's oil and gas companies have begun to suffer from a shortage of skilled workers due to their preference to work overseas, an oil drilling executive says.

G8 under fire over failing to meet aid pledge
Group of Eight rich countries, gathering for a summit this week, are under fire from Africa and activist movements that accuse them of reneging on aid pledges at a time when China is looming large onthe

India's trade deficit nearly doubles
India's trade deficit nearly doubled in April, the first month of the financial year, from a year ago as costs for imported oil jumped, the government said in a statement Sunday.

Citibank-Bank Asia workshop on documentary credit held
Citibank NA Bangladesh and Bank Asia Limited recently organised a workshop on UCP-600 (Uniform Customs and Practice for Documentary Credit), says a pres release.

Currency