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More Business News

July 15 to 21, 2000

July 9 to 14, 2000

July 1 to 8, 2000

June 22 to 30, 2000

June 15 to 21, 2000

June 8 to 14, 2000

June 1 to 7, 2000

May 22 to 31, 2000

May 15 to 21, 2000

May 8 to 14, 2000

May 1 to 7, 2000

April 22 to 30, 2000

April 15 to 21, 2000

April 8 to 14, 2000

April 1 to 7, 2000

March 2000

 

Loans for unemployed youths

July 31, 2000 

  

Dhaka (UNB)- The government has taken a plan to give Tk 15 crore as loans to trained unemployed youths.

 

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Auction of treasury bills held

July 31, 2000 

  

Dhaka (UNB) - The 99th auction of the 28-day, 91-day, 182-day, 364-day, 2-year and 5-year treasury bills were held here yesterday (Sunday).

 

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CSE closes slightly higher

July 31, 2000 

  

Chittagong (UNB) - Trading at the Chittagong Stock Exchange closed higher yesterday (Sunday) as the gainers outnumbered the losers.

 

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Scopes to improve the sugar industry

July 30, 2000 

  

Dhaka (UNB)- Production cost of local sugar can be easily reduced to Tk 16 to 18 by increasing per acre sugarcane yield and capacity of decades old worn out mills, all run by the state, experts said.

 

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Asian countries to benefit from global talks

July 30, 2000 

  

SINGAPORE (AP) - Asian countries reluctant to embark on a new round of global trade negotiations can only benefit from liberalization, European Union Trade Commissioner Pascal Lamy said Saturday.

 

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Agreement on 'demand bank loan'

July 30, 2000 

  

Mymensingh (UNB) - Bangladesh Agricultural University (BAU) and Pubali Bank, BAU branch have signed an agreement on 'demand bank loan'.

 

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CSE index finished higher

July 30, 2000 

  

Chittagong (UNB) - Trading at the Chittagong Stock Exchange finished higher yesterday (Saturday) marking a rise in its benchmark index.

 

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DSE : Stock Market attains Stability

July 29, 2000 

  

Dhaka (UNB) - Dhaka Stock Exchange experienced a steady growth last week to stabilise the recent upswing after the 1996 jolts to an overheating capital market.

 

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Ice crisis hampers Hilsa business

July 29, 2000 

  

Shariatpur (UNB) - When Hilsa crisis has prompted a section of businesspeople to import the delicious fish, some 1,500 maunds of hilsa perished in just one week in greater Faridpur district for lack of ice.

 

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IMF resumes help to Kenya to tune of drls 198 million

July 29, 2000 

  

WASHINGTON (AP) - Saying that Kenya has made progress in battling corruption, the International Monetary Fund has agreed to resume helping the East African nation by approving a dlrs 198 million loan.

 

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U.S. urges Asia to tackle cronyism for economic stability

July 29, 2000 

  

BANGKOK (AP) - United States urged action Friday against cronyism and corruption in Southeast Asia, while China criticized inequalities in the world economy at an Asian security conference Friday.

 

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Japan's industrial output grows more than expected in June

July 29, 2000 

  

TOKYO (AP) - Japanese industrial production rose 1.7 in June from May, the Ministry of International Trade and Industry said Friday, indicating that output remains on solid footing.

 

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Jute Minister in New York meets jute importers

July 28, 2000 

  

Dhaka(UNB)- Bangladesh will continue its efforts to expand marketing network of its jute products in the US market as it considers the market as very important and potential.

 

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Export Promotion Bureau asked to enhance export

July 28, 2000 

  

Dhaka (UNB) - Members of the parliamentary standing committee on commerce advised the Export Promotion Bureau to add new products in the country's export basket for enhancing earnings.

 

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Tk 123 crore arrears realized

July 28, 2000 

  

Dhaka (UNB)- Loan recovery, investment and disbursement of Bangladesh Shilpa Bank rose by Tk 23.45 crore, Tk 37.41 crore and Tk 21.91 crore respectively last fiscal from previous year's records.

 

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DSE index gained 2.04 percent

July 28, 2000 

  

Dhaka (UNB) - The price index at Dhaka Stock Exchange (DSE) posted 12.68 points rise yesterday (Thursday) as the gainers strongly dominated the losers.

 

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CSE gains 14.16 points

July 28, 2000 

  

Chittagong (UNB) - Price Index at the Chittagong Stock Exchange marked further rise yesterday (Thursday) as the gainers outnumbered the losers.

 

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Sony is a loser by $ 810 million

July 27, 2000 

  

TOKYO (AP) - Sony Corp. said Wednesday that a one-time write-off in its movie business led to a loss of 88.29 billion yen (dlrs 810 million) for the April-June quarter although sales were up overall.

 

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Asia under pressure for eco-friendly industries

July 27, 2000 

  

SINGAPORE (AP) - Asia is coming under pressure to make its industries environment-friendly, delegates said at an international forum Wednesday.

 

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China seals WTO agreement with Ecuador

July 27, 2000 

  

BEIJING (AP) - China and Ecuador have finalized an agreement on Chinese entry into the World Trade Organization, clearing one of the final hurdles to Beijing's joining global trade's rule-making club, state media reported Wednesday.

 

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DSE index up 2.49 points

July 27, 2000 

  

Dhaka (UNB) - Trading at Dhaka Stock Exchange (DSE) finished higher yesterday (Wednesday) as the gainers strongly dominated the losers.

 

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CSE index 'bullish'

July 27, 2000 

  

Chittagong (UNB) - Price Index at Chittagong Stock Exchange ended higher yesterday (Wednesday) as the gainers outnumbered the losers.

 

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Bangladesh present keynote statement at UN

July 26, 2000 

  

Dhaka (UNB) - Bangladesh has voiced concern as 48 least developed countries (LDCs) remained untouched by the unprecedented global growth and prosperity.

 

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Country’s first Eco-park at Moulvibazar

July 26, 2000 

  

Sylhet (UNB) - Good news for eco-tourists. Country’s first eco-park is going to be set up on 1,500 acres of forestland in Moulvibazar district at a cost of Tk 11 crore.

 

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Grameen handloom industries in dire-straight

July 25, 2000 

  

Narsingdi (UNB) - At least 2 lakh traditional handloom industries in nine upazilas of Brahmanbaria, Narayanganj and Narsingdi districts had been closed in last 15 years forcing about 5 lakh weavers to leave their occupation.

  

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Valid visa required for buying US dollars

July 25, 2000 

  

Dhaka (UNB)- To restrict flow of foreign currencies into kerb market, that created a crisis, the Bangladesh Bank made it compulsory for any outgoing traveler to show valid visa for buying over 500 US dollars.

  

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The 'Silicon Valley' of Bangladesh

July 25, 2000 

  

Moulvibazar (UNB) - Despite availability of huge silica sand on the banks of rivers and streams glass industry is not growing up in the district due to lack of entrepreneurs.

  

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Is another depression to hit Asia after '97?

July 25, 2000 

  

MANILA (AP) - Asia, which is still recovering from the financial crisis that hit the region in 1997, is under threat of another crisis, Philippine President Joseph Estrada said Monday.

  

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Asian business briefs: Tan's 'Pot of Gold'

July 25, 2000 

  

TOKYO (AP) - Toyota Motor Corp. said Monday it has revised upward plans for global auto production, sales and exports this year, cranking out more trucks and sport-utility vehicles to keep up with brisk demand in the U.S. and parts of Asia.

  

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DSE index rise by 24.56 points

July 25, 2000 

  

Dhaka (UNB) - Price index at Dhaka Stock Exchange (DSE) posted 4.04 percent gain yesterday as the losers strongly dominated the gainers.

  

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CSE gained 3.11 points

July 25, 2000 

  

Chittagong (UNB) - Although the losers outnumbered the gainers, trading at Chittagong Stock Exchange finished higher yesterday (Monday).

  

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Squandered summit did nothing to help 3rd world

July 24, 2000 

  

NAGO, Okinawa (AP) - Declarations by G-8 leaders on rooting out poverty in the Third World failed to convince champions of the poor that rich countries are committed to forgiving their debilitating debt.

  

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But they say they DID!

July 24, 2000 

  

NAGO, Okinawa (AP) - In an effort to stem a growing backlash against globalization, leaders of the world's major powers pledged at their annual economic summit Sunday to help poor countries reduce their debts and improve their schooling, health care and computer technology.

  

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Malaysian entrepreneurs eager to invest

July 24, 2000 

  

Dhaka (UNB) - Impressed by bright prospects of investment in Bangladesh Malaysian entrepreneurs showed keen interest in relocating its sunset industries.

  

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Sudan to increase Jute import from Bangladesh

July 24, 2000 

  

Dhaka (UNB) - Sudan, one of the largest buyers of jute goods from Bangladesh Jute Mills Corporation, assured Bangladesh of increasing its import from now on besides paying off arrears.

  

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Bangladesh Railway exceed target

July 24, 2000 

  

Dhaka (UNB) - Bangladesh Railway's Dhaka Division earned over Tk 102.77 crore, mainly from passenger transport, in last fiscal year exceeding its target by Tk 3 crore.

  

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Moneychangers want a safe policy

July 24, 2000 

  

Dhaka (UNB)- Licensed moneychangers said if they were allowed to cash foreign remittances in their FC accounts, unofficial currency transfers would be discouraged.

  

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Different denomination Bills auctioned

July 24, 2000 

  

Dhaka (UNB) - The 98th auction of the 28-day, 91-day, 182-day, 364-day, 2-year and 5-year treasury bills were held here yesterday (Sunday).

  

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Day-long dialogue on port problems

July 23, 2000 

  

Dhaka (UNB)- Admitting inadequate infrastructure facilities the Chittagong Port Authority yesterday lamented its limitations to function independently for developing the port and meet growing demand.

  

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Massive decline of CSE index

July 23, 2000 

  

Chittagong (UNB) - Day's trading at the Chittagong Stock Exchange closed lower yesterday (Saturday) with losers heavily outnumbering the gainers.

  

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Manipulation and correction: DSE Bounces Back

July 22, 2000 

  

Dhaka, July 21 (UNB) – After a transitory upturn, the Dhaka Stock Exchange began to bounce back last week losing 101.85 points from the Bourse’s benchmark index to close the week’s trading at 619.44.

  

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Hypo-Vereinsbank shares up on renewed reports of merger talks with Bank Austria

July 22, 2000 

  

FRANKFURT (AP) - Shares in Germany's second largest bank, Bayerische Hypo-Vereinsbank, jumped up Friday on reports that talks were nearing agreement for a takeover of Bank Austria.

   

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