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More Business News

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

 

APEC trade ministers meet in Australia

June 7, 2000 

 

DARWIN, Australia, JUNE 6 (AP) - Cabinet ministers from the 21 Asia-Pacific countries met here Tuesday to discuss ways of promoting free trade across the region, but they were not expected to reach any major agreements.

  

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Indonesian central bank chief under pressure to quit over scandal

June 7, 2000 

 

JAKARTA, JUNE 6 (AP) - Indonesia's central bank chief was under growing pressure to quit Tuesday after he was implicated in a widening political scandal.

  

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Index at Dhaka Stock Exchange marked a further rise

June 7, 2000 

 

Dhaka, (UNB) – Price index at the Dhaka Stock Exchange marked a further rise yesterday (Tuesday) despite the losers dominated the gainers.

   

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Index at Chittagong Stock Exchange fall

June 7, 2000 

 

Chittagong, (UNB) – Trading at the Chittagong Stock Exchange closed with a fall in its benchmark yesterday (Tuesday) as the losers dominated the gainers.

  

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Business delegation left on visit to Thailand, Taiwan and Japan

June 5, 2000 

 

Dhaka, June 4 (UNB) – A 28-member business delegation led by FBCCI President Abdul Awal Mintoo left here for Bangkok today (Sunday) on a weeklong visit to Thailand, Taiwan and Japan. 

  

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Trading at Dhaka Stock Exchange closed higher

June 5, 2000 

 

Dhaka, June 4 (UNB) – Trading at the Dhaka Stock Exchange closed higher today (Sunday) with a negligible change in its benchmark.

  

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Chittagong Stock Exchange marked a slight rise

June 5, 2000 

 

Chittagong, June 4 (UNB) – The price index at the Chittagong Stock Exchange marked a slight rise today (Sunday) although the losers outnumbered the gainers.

  

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Annual general meeting of BGMEA held

June 4, 2000 

 

Dhaka, June 3 (UNB) – The 17th annual general meeting of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held today (Saturday) at a local hotel.

  

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Week’s trading at the Dhaka Stock Exchange began with a slight fall

June 4, 2000 

 

Dhaka, June 3 (UNB) – Week’s trading at the Dhaka Stock Exchange began today (Saturday) with a slight fall in its benchmark index.

 

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Trading at Chittagong Stock Exchange closed higher

June 4, 2000 

 

Chittagong, June 3 (UNB)- Trading at the Chittagong Stock Exchange closed higher today (Saturday) as the gainers dominated the losers.

 

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Indian foreign minister sees closer Asian economic, monetary ties

June 3, 2000 

 

SINGAPORE, JUNE 2 (AP) - Indian Foreign Minister Jaswant Singh said Friday he strongly favors the idea of an Asian monetary fund, a concept floated by Japan during the recent economic crisis in the region.

 

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President of OPEC will automatically hike output if prices remain high

June 3, 2000 

  

CARACAS, JUNE 2 (AP) - The president of the Organization of Petroleum Exporting Countries said Friday the oil cartel will "automatically" increase production by 500,000 barrels a day if prices continue at their current high levels.

 

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Taiwanese investment soars in Southeast Asia

June 2, 2000 

 

TAIPEI, JUNE 1 (AP) - Taiwanese investment in Southeast Asia increased 106 percent to U.S. dlrs 407 million in the first quarter as economies in the region began recovering from the Asian financial crisis, the government said Thursday.

  

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IMF chief says capital controls not taboo, but last resort

June 2, 2000 

 

BANGKOK, JUNE 1 (AP) - The new chief of the International Monetary Fund said Thursday that capital controls shouldn't be a taboo, but nations should only use them as a last resort.

  

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Malaysia assured cooperation to Bangladesh

June 2, 2000 

 

Dhaka, June 1 (UNB) – Malaysia has assured of all possible cooperation in promoting trade and investment cooperation with Bangladesh.

  

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Sick industry rehabilitation

June 2, 2000 

 

Dhaka, June 1 (UNB)- Despite Finance Minister’s goodwill, extension of the tenure of a special committee to review interest exemption on the loans of sick industries remained clogged in bureaucracy, entrepreneurs allege.

  

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Power accord with Russia

June 1, 2000 

 

Dhaka, May 31 (UNB)- Two separate deals worth Tk 263 crore were signed here today with Russia for financing renovation of two antiquated power plants and technological erection of a new 210-megawatt one.

  

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Dhaka Stock Exchange finished higher today

June 1, 2000 

 

Dhaka, May 31 (UNB) – As the gainers strongly dominated the losers, trading at Dhaka Stock Exchange finished higher today (Wednesday).

   

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Index at Chittagong Stock Exchange closed lower

June 1, 2000 

 

Chittagong, May 31 (UNB) – The main index at Chittagong Stock Exchange closed lower today although the turnover both in terms of volume and value increased.

  

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Honorary chairman of Hyundai retires from management

June 1, 2000 

 

SEOUL, MAY 31 (AP) - South Korea's largest business group Hyundai announced the retirement of its founder Chung Ju-yung as honorary chairman Wednesday, giving in to mounting pressure from the government and creditor banks.

  

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Softbank-led consortium forfeits Nippon Credit Bank priority rights

June 1, 2000 

 

TOKYO, MAY 31 (AP) - Japanese Internet giant Softbank Corp. and its partners missed a second deadline Wednesday for exclusive bidding rights for failed lender Nippon Credit Bank.

  

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