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Bangladesh has a gas-prone petroleum system
February 15, 2001
Dhaka-- (UNB)- Bangladesh may have 32.1 trillion cubic feet of undiscovered technically recoverable gas, says a Bangladesh-US joint study.
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Commerce ministers of BIMSTEC meet in Myanmar today
February 15, 2001
Dhaka-- (UNB) - The 3rd meeting of the commerce ministers of BIMSTEC, a sub-regional group of five Southeast Asian countries for economic cooperation, begins in the capital of Myanmar today (Thursday).
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Demand for deep seaport to reduce expenditure
February 15, 2001
Chittagong-- (UNB) - Leaders of the Dock Bandar Sramik Karmachari Federation yesterdaydemanded immediate construction of a deep seaport here to reduce the expenditure of the businessmen.
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Non-resident entrepreneurs to get 49% capital from equity fund
February 14, 2001
Dhaka--(UNB) – In an effort to attract private investment, particularly from the non-resident Bangladeshi entrepreneurs, the government has created an equity fund of Tk 100 crore.
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Truck with new bank notes amounting to Taka-48 million crashes
February 14, 2001
Narayanganj--(Bangla2000) – A truck, carrying about Tk 5 crore, plunged into a roadside ditch at Keudala in Bandar upazila on Dhaka-Chittagong highway Monday night, leaving nine policemen wounded.
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Concern over frequent work stoppages at 2nd seaport
February 14, 2001
Bagerhat--(UNB) – The users of country’s second seaport Mongla are concerned over frequent work stoppage and strikes by the labourers on various issues.
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Dairy industry faces serious setback
February 14, 2001
Dhaka--(UNB) – Saying that country’s dairy industry faces a serious setback; the owners yesterday urged the government to allow them to repay their bank loans waiving normal and penal interests.
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Sugarcane price rose to Tk 41 from Tk 37
February 14, 2001
Dhaka--(UNB) – Sugarcane cultivation has increased in the country with the rise of sugar price by the government by Tk 4 per maund.
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Bangladesh Bank got 300 gold bars from Customs authorities
February 14, 2001
Dhaka--(UNB) – Customs authorities at the Zia International Airport deposited 300 gold bars weighing about 35 kgs to the Bangladesh Bank this month.
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Bangladesh & Sri-Lanka deplore state of preferential trade within SAARC
February 13, 2001
Dhaka--(Bangla2000) – Deploring “unfortunate state” of preferential trading arrangements under SAARC, businesspeople and government leaders of two member-countries of the forum yesterday agreed that they should go for bilateral cooperation to enhance trade.
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Tower Hamlets Council of UK willing to invest in Sylhet region
February 13, 2001
Dhaka--(UNB) - Tower Hamlets Council of UK is willing to invest in health, environment and industrial projects in Sylhet region.
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“We should make concessions for transition from SAPTA to SAFTA”
February 13, 2001
Dhaka--(Bangla2000)- President Justice Shahabuddin Ahmed hoped that the SAARC countries would work closely and make concessions for transition from preferential trading under SAPTA to South Asia Free Trade Area (SAFTA).
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“General Meetings should be televised: queries over phones & faxes”
February 13, 2001
Dhaka--(UNB)- The capital market watchdog will decide whether the listing of companies on the Stock Exchange will be mandatory or voluntary after consulting trade bodies as controversies arose.
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Chamber urges political parties to refrain from imposing hartal
February 13, 2001
Dhaka--(UNB) – As hartal again came back as a regular mode of political protest, country’s businesspeople vented concern over negative impact of frequent shutdown that halts all business activities.
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DSE all Share Price Index went down by 3.74 points
February 13, 2001
Dhaka--(UNB) – The main index at Dhaka Stock Exchange continued to show a downtrend for the second straight day yesterday with the losers outnumbering the gainers.
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CSE All Share Price Index shed 12.29 points
February 13, 2001
Chittagong--(UNB) – Trading at Chittagong Stock Exchange finished lower as the losers strongly dominated the gainers yesterday.
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Report: Schlumberger to buy Sema
February 12, 2001
NEW YORK (AP) — Energy services giant Schlumberger Ltd. reportedly is near an agreement to buy Sema PLC, a London-based information technology services company, for about $4.9 billion.
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Ireland faces EU reprimand
February 12, 2001
BRUSSELS, Belgium (AP) — Ireland, one of Europe's most thriving economies, faces another dressing down from the European Union over worries that the country's fiscal policies are stoking inflation and weakening the euro.
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75% foreign aid in 3 decades “looted” by people outside target group
February 11, 2001
Dhaka-- (UNB) – How much foreign aid does Bangladesh really need?
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Iran expects investment from Bangladesh in its free trade zone
February 11, 2001
Dhaka-- (UNB)- Iran expects investments from Bangladesh in the free trade zone established by the Islamic Republic.
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1 day’s hartal in Chittagong inflicts loss of Tk2800m in economy
February 11, 2001
Chittagong-- (UNB) – Business community in the port city has expressed deep concern as it faces today (Sunday) another dawn-to-dusk hartal, tenth in last five weeks.
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Bangladesh may get preferential trade with US in 9 months
February 11, 2001
Dhaka-- (Bangla2000) – Bangladesh is likely to get duty-and quota-free market access to USA in next nine months and thus avert a setback the country’s 76 percent export-earning sector was poised to face.
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Sri-Lankan delegates arrive aiming at expanding bilateral trade
February 11, 2001
Dhaka-- (Bangla2000) – A high-powered delegation from Sri Lanka arrived here yesterday aiming at expanding bilateral trade and economic cooperation between the two countries.
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Exclusive Iranian catalogue show begins Tuesday
February 11, 2001
Dhaka-- (UNB) - A three-day exclusive Iranian catalogue show will begin at the auditorium of DCCI here on Tuesday.
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DSE-20 index increased 3.12 points
February 11, 2001
Dhaka-- (UNB) – The main index at Dhaka Stock Exchange closed higher yesterday (Saturday) with the gainers dominating the losers.
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Indexes at Chittagong Stock Exchange closed mixed
February 11, 2001
Chittagong-- (UNB) – The price indexes at Chittagong Stock Exchange closed mixed yesterday (Saturday).
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Motorola to cut up to 4,000 jobs
February 10, 2001
CHICAGO (AP) — Motorola Inc. plans to eliminate as many as 4,000 jobs from its semiconductor operations by year's end — its third round of cuts in 10 weeks as it scrambles to cut costs and stem slowing sales and profits.
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DaimlerChrysler gives Germans bonus
February 10, 2001
BERLIN (AP) — It was hardly ideal timing: DaimlerChrysler's announcement of profit-sharing bonuses for its German workers came just as many Chrysler employees in the United States are worrying whether they'll still have jobs at all.
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LDCs to boycott WTO if beneficial decisions not implemented
February 9, 2001
Dhaka-- (UNB)–The least developed countries would stay out of the next round of WTO trade negotiations if its earlier decisions to be beneficial for the LDCs are not implemented properly.
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Hasina directs Planning Commission to implement projects swiftly
February 9, 2001
Dhaka-- (UNB) – Prime Minister Sheikh Hasina yesterday directed members of the Planning Commission to speed up the process of implementing various projects for completion of those on time.
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Nationalized banks should operate by international standards
February 9, 2001
Dhaka-- (UNB) – Finance Minister Shah AMS Kibria yesterday assured separate pay structure for bankers to make the nationalised commercial banks competitive operating on international standards.
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Ways to bail out ailing small & cottage industries
February 8, 2001
Dhaka-(UNB) – The National Association of Small and Cottage Industries of Bangladesh yesterday submitted a 10-point charter of recommendations, including special budgetary allocation, to the government for bailing out ailing small-scale industries.
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Executive Committee of National Economic Council approves 11 projects
February 7, 2001
Dhaka- (UNB) – The Executive Committee of the National Economic Council in a meeting yesterday approved 11 development projects involving Tk 3728.55
crore, including Tk 489.64 crore in project aid.
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"Hartal is imposed to destroy economic stability"
February 7, 2001
Dhaka- (UNB) - Finance Minister Shah AMS Kibria yesterday said hard earned political stability should be kept in track to avert destruction of
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Financial condition of problem-banks improving gradually
February 7, 2001
Dhaka- (UNB) – National Credit and Commerce Bank Ltd (NCCBL) has come out of the central bank’s problem bank list.
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FBCCI to get own Federation building beside World Trade Centre
February 7, 2001
Dhaka- (UNB) – Commerce Minister Abdul Jalil yesterday assured business leaders of all government cooperation ensuring private sector’s greater participation in socioeconomic development of the country.
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Dhaka Stock Exchange: Bearish
February 7, 2001
Dhaka- (UNB) – The main index at Dhaka Stock Exchange continued to show a downtrend for the third straight day yesterday (Tuesday) amid slumping trade.
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Chittagong Stock Exchange: Also Bearish
February 7, 2001
Chittagong- (UNB) – The indexes at Chittagong Stock Exchange finished lower yesterday (Tuesday) as the losers heavily dominated the gainers.
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Bangladesh briefs Group of 77 for UN Conference on LDCs in New York
February 6, 2001
Dhaka-- (UNB) – Bangladesh’s Permanent Representative to the UN Ambassador Anwarul Karim Chowdhury has stressed on capacity building, both human and institutional, for improvement of living conditions in the least developed countries.
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Cabinet approves Bangladesh-Australia capital investment agreement
February 6, 2001
Dhaka-- (UNB) - The Cabinet at a meeting yesterday endorsed in principle a number of proposals, including the drafts of Livestock Disease Act 2001 and Livestock Quarantine Act 2001.
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Bangladesh & ADB sign agreement on Flood Rehabilitation in Manila
February 6, 2001
Dhaka-- (UNB) – Bangladesh will receive 67.8 million US dollars from Asian Development Bank (ADB) for implementing its Southwest Flood Damage Rehabilitation Project.
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Big loophole providing power free of cost from US AES: Marubeni
February 6, 2001
Dhaka-- (UNB) – Power Development Board (PDB) has sent the proposal of Japanese Marubeni to the Energy Ministry for setting up a 450-megawatt power plant at Meghnaghat under the second phase, official sources said today.
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Raw materials of vegetable oil mill gutted by fire
February 6, 2001
Narayanganj-- (UNB) - Huge raw materials of a vegetable oil mill were gutted in a devastating fire near Meghna Bridge in Sonargaon upazila here today.
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Attempt of pilferage from unloading ship foiled at port
February 6, 2001
Chittagong-- (UNB)-The security personnel of the Port have foiled an attempt of pilferage of goods from the unloading ship at the jetty today.
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Food Department to pay compensation
February 6, 2001
Chittagong-- (UNB) - Food Department would have to pay compensation US $ 8,000 as unloading of wheat from a foreign ship at Silo Jetty here remained suspended for 35 hours.
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DSE-20 index dropped by 9.18 points
February 6, 2001
Dhaka-- (UNB) – The main index at Dhaka Stock Exchange continued to fall for the second straight day yesterday (Monday) with the losers heavily dominated the gainers.
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CSE All Share Price Index shed 5.19 points
February 6, 2001
Chittagong-- (UNB) – The indexes at Chittagong Stock Exchange finished lower yesterday (Monday) as the losers dominated the gainers.
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SAARC businessmen concerned over postponement of SAARC Summit
February 5, 2001
Kathmandu-- (UNB) – South Asian business leaders in a conference here yesterday vented concern over long postponement of the SAARC Summit and suggested intensifying consultations at political levels for its early holding for taking economic cooperation on high gear.
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Ceiling of project cost to qualify for equity support lowered
February 5, 2001
Dhaka-- (UNB) – In view of poor response from potential investors, the central bank has lowered the ceiling of project cost to qualify for government equity support intended to boost the agro-processing and IT sectors.
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Training at Bangladesh Sugar & Food Industries Corporation
February 5, 2001
Dhaka, Jan 4 (UNB) – A training course for management trainees of Bangladesh Sugar and Food Industries Corporation (BSFIC) began here yesterday at the Bangladesh Institute of Management (BIM).
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126th auction of treasury bills of Bangladesh Bank held
February 5, 2001
Dhaka-- (UNB) – The 126th auction of the 28-day, 91-day, 182-day, 364-day, 2-year and 5-year treasury bills of Bangladesh Bank were held here yesterday (Sunday).
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Main index at Dhaka Stock Exchange marks slight fall
February 5, 2001
Dhaka-- (UNB) – The main index at Dhaka Stock Exchange marked a slight fall yesterday (Sunday) with the losers outnumbering the gainers.
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Price indexes at Chittagong Stock Exchange finished lower
February 5, 2001
Chittagong-- (UNB) - The price indexes at Chittagong Stock Exchange finished lower yesterday (Sunday) as the losers heavily dominated the gainers.
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‘5th SAARC Economic Conference 2001’ today
February 4, 2001
Kathmandu, Feb 4,(UNB) – Business leaders from seven SAARC countries will meet here today (Sunday) to chart out measures for propping up sluggish trade among the South Asian nations.
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CSE index finishes higher
February 4, 2001
Chittagong, Feb 4 (UNB) – The main index at Chittagong Stock Exchange finished slightly higher yesterday (Saturday).
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Singapore's DBS bank closing down branches as Internet, phone banking rise
February 4, 2001
SINGAPORE, FEB 3 (AP) - Singapore's DBS Bank, the largest bank in
Southeast Asia, has closed down about one-third of its branches
since 1998 as more customers are turning to Internet and phone
banking, a bank spokesman said Saturday.
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Readymade garment sector is in dire straits
February 3, 2001
Dhaka--(UNB) – Country’s largest forex earner readymade garment sector is heading towards a dire state as only 12.5 per cent factories are doing well at present.
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Knowledge on IP by LDCs facing daunting set of rules: Tofail
February 2, 2001
Lisbon-- (UNB) – Least Developed Countries (LDCs) require information and knowledge to develop the intellectual property (IP) protection schemes but the acquisition of knowledge on IP by LDCs is facing a daunting set of rules.
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Bankers Recruitment Committee to fill up vacant posts
February 2, 2001
Dhaka-- (UNB) – Bankers Recruitment Committee (BRC) at a meeting yesterday decided to fill up the vacant posts of BRC-member banks and other financial institutions very soon.
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World Bank MD lauds Bangladesh’s achievements
February 1, 2001
Dhaka--(UNB) – Managing Director of the World Bank group Shengman Zhang expressed satisfaction over Bangladesh’s achievements in various sectors, including agriculture, education and health.
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Bangladesh’s Industries Minister urges LDCs to be united
February 1, 2001
Dhaka--(UNB) – Industries Minister Tofail Ahmed has
urged the least developed countries (LDCs) to be united to reap maximum benefits from the new round of WTO meeting and other future conferences of UNOs for the LDCs.
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Banking ‘Pakistani’ style
February 1, 2001
Dhaka--(UNB) – Former Bangladesh Bank Governor Lutfar Rahman Sarkar yesterdaylamented that banking activities in the country were still following Pakistani style restricting overall development.
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Expatriates urged to invest in Bangladesh
February 1, 2001
Dhaka--(UNB) – Commerce Minister M Abdul Jalil has urged the Bangladesh expatriates to invest in the country to accelerate its development process.
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2 new Commissioners to boost tax collection
February 1, 2001
Dhaka--(UNB) – In bid to boost tax collection, and strengthening accountability and transparency in preventing tax evasion, the National Board of Revenue (NBR) has posted two officers at two land customs in northern region.
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Handmade paper production plant established
February 1, 2001
Tangail--(UNB)- A handmade paper production plant was established at Adalatpara in the town recently.
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Industrial Bank grants loan for polypropylene woven bag project
February 1, 2001
Dhaka--(UNB) – Bangladesh Shilpa Bank yesterdaygranted loan worth about Tk 9 crore for a polypropylene woven bag project at Sonargaon in Narayanganj district.
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Month-long Bangladesh-Nepal joint trade fair from Feb 10
February 1, 2001
Panchagarh--(UNB) – A month-long Bangladesh-Nepal joint trade fair will begin at Sirajul Islam Stadium here on February 10 following the two country’s latest thrust on enhancing bilateral economic cooperation.
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New cargo village opened at Zia International Airport
February 1, 2001
Dhaka--(UNB) – Civil Aviation and Tourism Minister Engineer Mosharraf Hossain yesterdayformally inaugurated the newly constructed cargo village at the Zia International Airport.
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UN World Food Program to assist flood affected people
February 1, 2001
Dhaka--(UNB) – The UN World Food Programme (WFP) will provide 84,903 mts of food worth US $ 31.5 million (approx Tk 169.5 crore) to Bangladesh for implementation of the WFP-assisted project “Assistance to flood affected people in Southwest Bangladesh.”
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Ranabhola of Uttara comes under natural gas supply network
February 1, 2001
Dhaka--(UNB) - Ranabhola area of Harirampur union under Uttara thana has come under natural gas supply network.
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Main index at Dhaka Stock Exchange closed higher
February 1, 2001
Dhaka--(UNB) – The main index at Dhaka Stock Exchange closed higher yesterday(Wednesday) with the losers outnumbering the gainers.
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CSE All Share Price Index gained 2.43 points
February 1, 2001
Chittagong--(UNB) – The two indexes at Chittagong Stock Exchange finished higher yesterdayas the losers outnumbered the gainers.
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WTO requested to persuade developed countries to open up to LDCs
January 31, 2001
Dhaka-- (UNB) – Commerce Minister M Abdul Jalil has requested the WTO chief to persuade the USA, Japan, Canada, Australia and other developed countries in opening up their markets for the goods exported by LDCs.
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World Bank to look into need of Padma Bridge & Ganges Barrage
January 31, 2001
Dhaka-- (UNB) – The World Bank will look into the need and feasibility of some of the major projects being considered by the Bangladesh government such as Eastern Bypass Padma Bridge and Ganges Barrage.
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Executive Committee of National Economic Council approves 9 projects
January 31, 2001
Dhaka-- (UNB) – The Executive Committee of the National Economic Council yesterday approved nine development projects worth Tk 1540.89 crore, including a project aid component of Tk 966.18 crore.
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Japanese accessories company signs agreement with BEPZA
January 31, 2001
Dhaka-- (UNB)- A Japanese garment accessories company yesterday signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to invest nearly USD 17.8 million in Dhaka EPZ.
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International Development Association to provide US$151m
January 31, 2001
Dhaka-- (UNB) – International Development Association will provide Bangladesh with 151 million US dollars equivalent to about Tk 857 crore in credits under an agreement signed here yesterday.
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3 separate agreements to supply gas in Ishwardi EPZ
January 31, 2001
Dhaka-- (UNB) – Three separate agreements were signed here on Sunday for supplying gas in the Ishwardi Export Processing Zone (IEPZ).
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Governor of Japan Bank assures continued support
January 31, 2001
Dhaka-- (UNB) – Governor of Japan Bank for International Cooperation (JBIC) Hiroshi Yasuda yesterday assured continued support of the bank for economic development in Bangladesh.
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VAT payers: again victims of harassment & corruption
January 31, 2001
Dhaka-- (UNB)- VAT payers have again fallen victims to harassment and corruption in divisional VAT offices as National Board of Revenue (NBR) has stopped issuance of VAT registration from its central office.
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Saudi Arabian dates to be handed over to World Food Program
January 31, 2001
Dhaka-- (UNB) – Some 800 tons of dates donated by the government of Saudi Arabia will be handed over to the World Food Programme (WFP) here today (Wednesday).
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Bangladesh’s keynote speech in Norway on private sector of LDCs
January 30, 2001
Oslo-- (UNB) – Industries Minister Tofail Ahmed reiterated his demand for special market access for LDC goods and services to the markets of developed and developing countries so they can share the fruits of globalization.
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US$22m orders placed till closing of International Leather Fair
January 30, 2001
Dhaka-- (Bangla2000) – Finance Minister Shah AMS Kibria tonight (Monday night) assured of slashing duty on accessories required for leather products to make them competitive in the world market.
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Asset-management Company will relieve banks of overdue loans
January 30, 2001
Dhaka-- (UNB)- The Bangladesh Bank Governor yesterday requested the Finance Minister to allow formation of asset-management company, either in public or private sector, to relieve the banks of long-drawn burden of overdue loans.
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“Only Profit or Development: which way Bangladesh Banking?”
January 30, 2001
Dhaka-- (UNB) – A national seminar on “Only Profit or Development: which way Bangladesh Banking?” will be held at the auditorium of Bangladesh Institute of Bank Management on Wednesday.
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Northern Land Port sets earning record after Bangabandhu Bridge
January 30, 2001
Lalmonirhat-- (UNB) – Hilly Land Port has set a record earning revenue Tk 6.8 crore in the month of December last surpassing the target of Tk 4.5 crore.
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Massive countrywide program to cultivate mustard will boost economy
January 30, 2001
Kishoreganj-- (UNB) - Agriculture Extension Department has taken up a countrywide programme to cultivate mustard on 5.10 lakh hectares land with an output target of 4.59 lakh mts in the current Rabi season.
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Dhaka Stock Exchange closed lower for the third straight day
January 30, 2001
Dhaka-- (UNB) – The main indexes at Dhaka Stock Exchange closed lower for the third straight day yesterday (Monday) as the losers outnumbered the gainers.
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Two indexes at Chittagong Stock Exchange nose-dived again
January 30, 2001
Chittagong-- (UNB) – The two indexes at Chittagong Stock Exchange nose-dived again yesterday with the losers strongly dominating the gainers.
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Japan Bank offers Hasina new projects for infrastructure development
January 29, 2001
Dhaka-- (UNB) – A Japanese bank team yesterday assured that they would take up new projects, including infrastructure development, in Bangladesh for further strengthening economic cooperation between the two countries.
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Industries Minister off to Oslo at the invitation of UNCTAD & WIPO
January 29, 2001
Dhaka-- (UNB) – A two-day symposium begins today (Sunday) in Oslo of Norway as part of the international organizations’ efforts to improve LDCs’ trade one year after the Seattle debacle.
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Trade loans rush in where Industrialists fear to tread
January 29, 2001
Dhaka-- (Bangla2000)- Finance Minister Shah AMS Kibria yesterday advised the nationalized commercial banks to contact asset-management companies to recover overdue loans through a sellout procedure.
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Japan to continue Overseas Development Assistance to Bangladesh
January 29, 2001
Dhaka-- (UNB)- Japan will continue its Overseas Development Assistance to Bangladesh, especially for those projects feasibility study of which has been completed.
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125th auction of Bangladesh Bank treasury bills held
January 29, 2001
Dhaka-- (UNB) – The 125th auction of the 28-day, 91-day, 182-day, 364-day, 2-year and 5-year treasury bills were held here yesterday.
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Losers strongly dominated the gainers at DSE
January 29, 2001
Dhaka-- (UNB) – The two indexes of Dhaka Stock Exchange further declined yesterday as the losers strongly dominated the gainers.
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Both indexes at Chittagong Stock Exchange decline further
January 29, 2001
Chittagong-- (UNB) – The two indexes at Chittagong Stock Exchange further declined yesterday (Sunday) with the losers outnumbering the gainers.
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Hasina inaugurates Dhaka International Leather Fair
January 28, 2001
Dhaka-- (UNB) - Prime Minister Sheikh Hasina yesterday (Saturday) urged the private entrepreneurs to take the lead in enhancing investment and export by taking advantage of incentives offered by the government.
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Managing Director of World Bank Group arrives today on 1st visit
January 28, 2001
Dhaka-- (UNB) – Managing Director of the World Bank Group Shengman Zhang arrives here today on a 4-day visit to Bangladesh at the invitation of Finance Minister SAMS Kibria.
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Maximum Residual Level test mandatory before tea export
January 28, 2001
Moulavi Bazar-- (UNB) - Laboratory test of Bangladeshi tea would be mandatory before export for determining the permissible level of pesticides in the item.
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Commerce Minister off to Geneva for talks on development of LDCs
January 28, 2001
Dhaka-- (UNB) – Commerce Minister Abdul Jalil left here yesterday for Geneva to attend a seminar on the development strategy for LDCs.
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Trading at Dhaka Stock Exchange: Bearish
January 28, 2001
Dhaka-- (UNB) – Trading at the Dhaka Stock Exchange closed lower yesterday (Saturday) with the losers heavily dominating the gainers.
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Trading at Chittagong Stock Exchange: also Bearish
January 28, 2001
Chittagong-- (UNB) – The two indexes at Chittagong Stock Exchange declined yesterday (Saturday) as the losers outnumbered the gainers.
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entrepreneurs, encouraged, Azad
January 27, 2001
Entrepreneurs are encouraged: Azad
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Kibria advises Rupali Bank to merge its Karachi branch.
January 27, 2001
Dhaka, Jan 25 (UNB) – Finance Minister SAMS Kibria today advised the management of Rupali Bank to merge or shut down its Karachi branch.
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ActionAid to be expanded in Bangladesh
January 27, 2001
Dhaka, Jan 25 (UNB) – The UK-based NGO ActionAid will expand its programme in Bangladesh and other South Asian countries gearing up their fight against poverty that remains the principal foe of millions here and in the region.
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Volkswagen rally to be held in city tomorrow.
January 27, 2001
Dhaka, Jan 26 (UNB) – A Volkswagen rally will be held in the capital tomorrow.
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German lawmakers okay pension reform
January 27, 2001
BERLIN (AP) — Germany's lower house of parliament passed a long-delayed overhaul of the national pension system Friday after a storm over an opposition poster depicting Chancellor Gerhard Schroeder as a criminal accused of ``pension fraud.''
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Dollar falls on durable goods data
January 27, 2001
NEW YORK (AP) — The dollar fell slightly against most major foreign currencies except in quiet trading Friday after an economic report provided further evidence of the weakness in the U.S. manufacturing sector.
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Under Bush administration, Bangla-US trade will continue to boost
January 26, 2001
Dhaka-- (UNB) – Bangladesh yesterday made a fervent plea to US authority for allowing its exports, alongside products from other LDCs, free access to American market upholding their policy of nondiscrimination towards less fortunate nations.
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Bangladesh becoming prosperous nation although started from zero
January 26, 2001
Dhaka-- (UNB) – Industries Minister Tofail Ahmed has said that Bangladesh is now moving towards becoming a prosperous nation although it started from zero.
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Rupali Bank to merge or shut down Karachi branch in Pakistan
January 26, 2001
Dhaka-- (UNB) – Finance Minister SAMS Kibria yesterday advised the management of Rupali Bank to merge or shut down its Karachi branch.
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Shrimp exports fall despite increase in output & processing plants
January 26, 2001
Chittagong-- (UNB) – The number of shrimp processing plants has increased in the country alongside shrimp output, but its export continues to fall dimming the hopes of growers.
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Fire in textile mill burn down 3 cotton warehouses & 8 factories
January 26, 2001
Narayanganj-- (UNB) – A devastating fire in a textile mill burnt down its three cotton godowns and eight nearby factories yesterday.
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Nationalized banks to publish list of long pending loan cases
January 26, 2001
Dhaka-- (UNB) – Finance Minister Shah AMS Kibria yesterday directed the nationalized commercial banks to publish a list of long pending loan cases and assign one general manager in each bank to deal with court cases.
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Market access of Bangladesh to all countries is a must: ActionAid
January 26, 2001
Dhaka-- (UNB) – The UK-based NGO ActionAid will expand its programme in Bangladesh and other South Asian countries gearing up their fight against poverty that remains the principal foe of millions here and in the region.
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Two million Bangladeshi workers are working abroad
January 25, 2001
Sangsad Bhaban-- (UNB) - Some two million Bangladeshi workers are working abroad, Labour and Employment Minister MA Mannan told Parliament yesterday (Wednesday).
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World Bank to consider funding if institutional governance improves
January 25, 2001
Dhaka-- (UNB)- The World Bank has tagged its future funding in major physical infrastructure projects with better institutional governance, a tough condition for the government to meet in the short term.
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Director of Asian Development Bank discuss about Ganges Barrage
January 25, 2001
Dhaka-- (UNB) - Director of Asian Development Bank (ADB) C Ramachandran met with Water Resources Minister Abdur Razzak at his office yesterday and discussed various ADB-aided projects.
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Director of International Finance Corporation meets Finance Minister
January 25, 2001
Dhaka-- (UNB) – Director (South Asia) of International Finance Corporation (IFC) Bernard Pasquier met with Finance Minister Shah AMS Kibria at his office yesterday and discussed private sector investment in Bangladesh.
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Bangladesh’s trade imbalance with India US$768.12m in 1999-2000
January 25, 2001
Sangsad Bhaban-- (UNB) – Bangladesh’s trade imbalance with India was US$768.12 million (about Tk 4,225 crore) during the last fiscal year (1999-2000), Commerce Minister Abdul Jalil told Parliament yesterday (Wednesday).
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Governor of Japan Bank for International Cooperation arrives Friday
January 25, 2001
Dhaka-- (UNB) - Governor of Japan Bank for International Cooperation (JBIC) Hiroshi Yasuda arrives here Friday on a five-day visit to Bangladesh.
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USAID award $9.75m to Louis Berger to implement Agro based Project
January 25, 2001
Dhaka-- (UNB) – United States Agency for International Development announced the award of $9.75 million contract to a consortium for implementing the second phases of the Agrobased Industries and Technology Development Project (ATDP) in Bangladesh.
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Gujrati business delegates sign 6 agreements with private sector
January 25, 2001
Dhaka-- (UNB)- Visiting business delegation from India’s industrially advanced state of Gujrat signed six agreements with private sector for setting up joint-venture industries in power generation, still re-rolling, soap manufacturing, oil mill, ceramics and IT sector.
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Bangladesh will receive 75.25m Danish Kroner for 3 projects
January 25, 2001
Dhaka-- (UNB) – Bangladesh will receive 75.25 million Danish Kroner equivalent to Tk 51.95 crore (approx) as grant for three projects from Denmark.
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Both indexes of Dhaka Stock Exchange declines
January 25, 2001
Dhaka-- (UNB) – The two indexes of Dhaka Stock Exchange declined further yesterday (Wednesday) as the losers dominated the gainers.
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Main index at Chittagong Stock Exchange ended lower
January 25, 2001
Chittagong-- (UNB) – The main index at Chittagong Stock Exchange ended lower yesterday as the losers outnumbered the gainers.
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NGOs must pay full taxes for their commercial activities
January 24, 2001
Dhaka-- (UNB) – Finance Minister Shah AMS Kibria yesterday said the NGOs must pay full taxes for their commercial activities.
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Mercedes Benz is to set up industry here with jute as raw material
January 24, 2001
Sangsad Bhaban, 23 Jan (UNB) - Civil Aviation and Tourism Minister Engineer Mosharraf Hossain
yesterday accused Ershad and Khaleda governments of crippling Biman, the national airlines, and turning it into a losing concern.
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Health Insurance is to be introduced in Bangladesh
January 24, 2001
Dhaka-- (UNB) – The government is planning to introduce health insurance for the citizens.
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Tk 270 crore revenue earned from 2nd largest land customs station
January 24, 2001
Chapainawabganj-- (UNB) – The government has earned over Tk 270 crore in revenue from Sonamasjid land customs station in last 10 years.
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Port officials illegally send people abroad for commercial benefit
January 24, 2001
Chittagong-- (UNB) – Two government shipping masters have been suspended for their alleged involvement in sending Bangladeshis abroad illegally.
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All shares declined while blue chips gained at Dhaka Stock Exchange
January 24, 2001
Dhaka-- (UNB) – The price index at the Dhaka Stock Exchange marked fall yesterday (Tuesday) with the losers outnumbering the gainers.
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CSE All Share Price Index shed 4.45 points
January 24, 2001
Chittagong-- (UNB) – The main index at Chittagong Stock Exchange marked a fall yesterday (Tuesday) as the losers outnumbered the gainers.
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