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More Business News

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

 

New Export Zone's foundation to be laid by PM

July 14, 2000 

  

Dhaka (UNB)- The country is going to have its third Export Processing Zone readied for operation, after Dhaka and Chittagong EPZs, by the yearend.

 

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Bangladesh, one of the LDCs-4, meeting G-8

July 14, 2000 

  

Dhaka (UNB) - Foreign Minister Abdus Samad Azad yesterday called upon the G-8 countries to accord duty free and quota free market access to all products from LDCs.

 

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1st consignment of raw rubber depart

July 14, 2000 

  

Dhaka (UNB) - Adding a new item in the export list Bangladesh yesterday started exporting raw rubber produced by the Forest Industries Development Corporation.

 

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Bangladesh-Malaysia collaboration in power

July 14, 2000 

  

Dhaka (UNB) - Power Grid Company of Bangladesh Ltd (PGCB) and Mahkota Technologies Ltd of Malaysia signed a contract yesterday for construction of a 450-MVA 230/132 KV Supergrid Substation at Rampura in the city.

 

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Investment Board seek Sri Lankan sponsors

July 14, 2000 

  

Dhaka (UNB) - Executive Chairman of Board of Investment (BOI) M Mokammel Haque sought more investment from Sri Lankan entrepreneurs in Bangladesh to promote bilateral trade.

 

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US Citi Bank suggest privatization of Airline

July 14, 2000 

  

Dhaka (UNB)- A foreign consulting firm prescribed partial privatization of Biman Bangladesh Airlines by December keeping 51 per cent share in government's hand and preserving 9 per cent for employees.

 

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Inauguration of "Mid Mix 2000" fair

July 14, 2000 

  

Dhaka (UNB) - Commerce Minister Abdul Jalil yesterday called for the entrepreneurs to produce quality goods in competitive prices to increase country's share in world market that is now being laid open for all.

 

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DSE gained 0.28 points

July 14, 2000 

  

Dhaka (UNB) - Trading at the Dhaka Stock Exchange closed with a slight rise in its benchmark yesterday despite the losers heavily outnumbered the gainers.

 

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CSE index rises

July 14, 2000 

  

Chittagong (UNB) - The main index at Chittagong Stock Exchange rose further for the third straight day yesterday (Thursday) with the gainers dominating the losers.

 

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Raw rubber: the new exportable item

July 13, 2000 

  

Dhaka (UNB) - Bangladesh is set to export raw rubbers to Russia, adding a new item to its export basket.

 

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Raw rubber: the new exportable item

July 13, 2000 

  

Dhaka (UNB) - Bangladesh is set to export raw rubbers to Russia, adding a new item to its export basket.

 

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EPZ to be constructed at Ishwardi

July 13, 2000 

  

Pabna (UNB)- Industries Minister Tofail Ahmed yesterday unveiled a detailed package program for massive industrialization in North Bengal, a region hardly drew attention before the opening of Bangabandhu Bridge.

 

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Putin wants to be equal 8th, with G-7

July 13, 2000 

  

MOSCOW (AP) - Russia, which started its meetings with the world's seven richest industrial countries as a supplicant for economic aid, now considers itself an equal partner in the group, President Vladimir Putin said in remarks released Wednesday.

 

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DSE index crosses 700 mark

July 13, 2000 

  

Dhaka (UNB) - After experiencing a downtrend for the last two days, price index at Dhaka Stock Exchange closed higher yesterday.

 

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CSE index rise again

July 13, 2000 

  

Chittagong (UNB)- The main index at Chittagong Stock Exchange continued to show a upward spiral for the second straight day yesterday with the gainers dominating the losers.

 

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llegal money transfer booming

July 12, 2000 

  

Chittagong (UNB) – Illegal money transfer through Hundi has become a huge criminal business in the district, indicating that the moves of regulators to eliminate the illicit transaction are not working.

 

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Exportable shrimps stranded at port

July 12, 2000 

  

Bagerhat (UNB) – Exportable shrimps worth about Tk 50 crore remained piled up in the Mongla Port for want of container vessels.  

 

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CSE index fluctuates

July 12, 2000 

  

Chittagong (UNB) – Despite lower trading, the main index at Chittagong Stock Exchange closed slightly higher yesterday (Tuesday).  

 

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DSE goes down further

July 12, 2000 

  

Dhaka, July 11 (UNB) – The price index at Dhaka Stock Exchange marked further fall yesterday (Tuesday) with the losers outnumbering the gainers. 

 

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Reform in tax and duty structure

July 12, 2000 

  

Dhaka (UNB) – Commerce Minister M Abdul Jalil yesterday said the government has taken effective measures to simplify, strengthen and reform the existing tax and duty structure.  

 

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Japan assists post-flood rehabilitation

July 12, 2000 

  

Dhaka (UNB)- Japanese Ambassador to Bangladesh K Urabe formally handed over 186 heavy machinery worth Tk 81 crore to Water Resources Minister Abdur Razzaq yesterday. 

 

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Import increase by 12.41 per cent

July 12, 2000 

  

Dhaka (UNB) – Despite substantial decline in food grains import, the country’s imports have increased by 12.41 per cent in 11 months of the outgoing fiscal year (1999-2000) compared to the same period previous year.  

 

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Gas price may be increased

July 12, 2000 

  

Dhaka (UNB)- The government is actively considering a raise in the price of gas soon citing the need of striking an adjustment with international tariffs. 

 

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Defaulters to face electricity disconnection

July 12, 2000 

  

Dhaka (UNB)- Complying with the Prime Minister’s directive, the Dhaka Electricity Supply Authority (DESA) will start disconnecting line of the default consumers from next week.  

 

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Tea prices decline sharply

July 12, 2000 

  

Chittagong (UNB) – Tea sale witnessed quite a sharp decline in price, dropping by upto Tk 4 to Tk 5. There was only some interest from blenders but loose tea buyers were not as strong as previous weeks. There was only fair inquiry from Pakistan at much reduced limits. These buyers operated between Tk 51.50 and Tk 54.59. There was a limited interest from Russian buyers at lower rates. Details of the report:  

 

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ECNEC approve 6 projects

July 12, 2000 

  

Dhaka (UNB)- The Executive Committee of National Economic Council yesterday approved six development projects involving Tk 825.41 crore that includes Tk 333.58 crore in project aid.  

 

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Oil tanker with diesel catches fire

July 12, 2000 

  

Narayanganj (UNB)- An oil tanker anchored on Sitalakhya river with 2000 liters of diesel was caught in fire causing extensive damage on Monday mid night.  

 

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Advance GDP estimate for 1st time in Singapore

July 11, 2000 

  

SINGAPORE (AP) - The government on Monday released for the first time an advance estimate of gross domestic product growth in the country's economy.  

 

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Workers won’t be deported from Malaysia

July 11, 2000 

  

Dhaka (UNB) – The government has contradicted the press report that some 1400 Bangladeshi workers would be deported from Malaysia.

 

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What goes up must fall down!

July 11, 2000 

   

Dhaka (UNB) – After experiencing an upward spiral in the first two days of the week, price index at Dhaka Stock Exchange marked a significant fall yesterday.

 

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Customs house loses revenue income

July 10, 2000 

  

Chittagong (UNB) - Chittagong Customs House, the main revenue earning body, incurred a loss of about Tk 300 crore in revenue income in the last fiscal year due mainly to administrative inactivity and rampant smuggling.

 

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Biggest upheaval at DSE since 1996 scam

July 10, 2000 

  

Dhaka (UNB) – Upswing at the Dhaka Stock Exchange continued yesterday (Sunday) with its benchmark index jumping by further 82.02 points, the biggest leap since 1996 share market scam.

 

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CSE index also jump

July 10, 2000 

  

Chittagong (UNB) – The Chittagong Stock Exchange witnessed further rise in its benchmark with gainers heavily outnumbering the losers yesterday (Saturday).

 

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Securities and Exchange Bill finalized

July 10, 2000 

  

Dhaka (UNB) - Parliamentary Standing Committee on Finance Ministry finalized the Securities and Exchange (Amendment) Bill 2000 for placing it in parliament with some amendments in the rules.

 

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5 star hotel near international airport

July 9, 2000 

  

Dhaka (UNB) - A five-star and another three-star hotel will be constructed near Zia international airport to attract tourists.

 

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Millions of taka laundered

July 9, 2000 

  

Chapainawabganj (UNB) - Millions of taka are being laundered to India by hundi traders depriving the government of huge revenue income.

 

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Is DSE index heading for 700 mark?

July 9, 2000 

  

Dhaka (UNB) - Week’s trading at the Dhaka Stock Exchange began yesterday (Saturday) marking a significant rise in its benchmark index.

 

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