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More Business News

Jan 24_to_Feb 15, 2001

Jan 1_to_23, 2001

Dec 15 to 31, 2000

Dec 1 to 14, 2000

Nov 13 to 30, 2000

Oct 13 to 12, 2000

Sept 25 to  12, 2000

Sept 8 to 24, 2000

Sept 1 to 7, 2000

Aug 8 to 31, 2000

Aug 1 to 7, 2000

July 22 to 31, 2000

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

Sri Lanka raises defense bill for 2001 from earlier estimate

March 10, 2001 

  

COLOMBO, MAR 9 (AP) - The government has revised its defense spending estimate for 2001 from 63.4 billion rupees (dlrs 739 million) two months ago to 75 billion rupees (dlrs 875 million) to meet deferred payments for military procurements in 2000, Dow Jones Newswires reported Friday.

 

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Enron asks Indian government to pay outstanding bill

March 10, 2001 

  

BOMBAY, MAR 9 (AP) - U.S.-based power giant Enron Corp. invoked a federal guarantee for the second time within a month to recover dlrs 22 million from a defaulting western Indian state and a power utility, a company official said Friday.

 

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New remittance centers at Singapore, Kuala Lumpur, Rome & Tokyo

March 5, 2001 

  

Dhaka--- In yet another major step to expedite and encourage remitting foreign exchange through official channel, the government decided to open remittance centers in Singapore, Kuala Lumpur, Rome and Tokyo.

 

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Expatriates remit 3,35,073 pounds sterling & US$ 6,01,001 in February

March 5, 2001 

  

Dhaka-- – Expatriate citizens remitted 3,35,073 pounds sterling and 6,01,001 US dollars equivalent to about Tk 5.83 crore through 6,662 Foreign Money Orders (FMO) in February 2001.

 

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Bangabandhu Jamuna Bridge maintenance headquarters inaugurated

March 5, 2001 

  

Dhaka-- – Communications Minister Anwar Hossain yesterday inaugurated the newly constructed “Setu Bhaban”, headquarters of Jamuna Multi-purpose Bridge Authority, at Banani here yesterday.

 

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Prices of daily necessities are stable before Eid

March 5, 2001 

  

Dhaka, Mar 4- - Prices of daily necessities have remained stable and their supply in the market is satisfactory.

 

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Task force to examine India’s dumping move toward batteries of Bangladesh

March 5, 2001 

  

Dhaka--- The government has formed a task force to examine India’s reported anti-dumping move against lead battery exports from Bangladesh.

 

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Textile mill in BSCIC industrial-belt gutted

March 5, 2001 

  

Barisal--- Valuables worth about Tk 15 lakh were gutted in a devastating fire at a textile mill in BSCIC industrial-belt here on Saturday.

 

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Chittagong Port Authority recovers land from illegal occupation

March 5, 2001 

  

Chittagong-- - Chittagong Port Authority (CPA) recovered its land worth Tk 2 crore from illegal occupation in city’s Sadarghat area yesterday.

 

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Asian Development Bank funding construction of central bus terminal

March 5, 2001 

  

Chapainawabganj--- Work on the construction of district central bus terminal is progressing fast at a cost of about Tk 2.37 crore.

 

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130th auction of Bangladesh Bank treasury bills held

March 5, 2001 

  

Dhaka-- – The 130th 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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Gainers outnumbered the losers at DSE

March 5, 2001 

  

Dhaka-- – The main index at Dhaka Stock Exchange marked a rise yesterday (Sunday) with the gainers outnumbering the losers.

 

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Transactions decreased remarkably at CSE

March 5, 2001 

  

Chittagong-- – The main index of Chittagong Stock Exchange closed lower yesterday (Sunday) as transactions decreased remarkably.

 

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International Trade Fair’s construction begins before caretaker govt

March 4, 2001 

  

Dhaka, Mar 2 -- Construction work on a permanent ground for the Dhaka International Trade Fair (DITF) will begin before the government hands over power to a caretaker administration, Commerce Minister Abdul Jalil said here yesterday.

 

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Another private sector airlines from August

March 4, 2001 

  

Dhaka- - - Ayesha Airways, another private sector airlines, is expected to start operation from August next.

 

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Agricultural Bank loans for Hill Tracts

March 4, 2001 

  

Bandarban- - – Bangladesh Krishi Bank (BKB), which has been playing an important role in the socio-economic development of the rural people alongside its banking service, has provided loan amounting to Tk 40.61 crore to 12,219 people in last four years.

 

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Price of construction materials shot up sharply

March 4, 2001 

  

Pabna- - - The price of construction materials, including cement, has shot up sharply in all local markets of the district hampering construction works.

 

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DSE All Share Price Index gained 7.03 points

March 4, 2001 

  

Dhaka- - – As the turnover in terms of both volume and value increased, the main index at Dhaka Stock Exchange marked a rise yesterday (Saturday).

 

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CSE All Share Price Index rose by 10.04 points

March 4, 2001 

  

Chittagong- -– Day’s trading at Chittagong Stock Exchange closed higher yesterday (Saturday) with the gainers dominating the losers.

 

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Executive Vice-president of Nestle (SA) arrives

March 3, 2001 

  

Dhaka,(UNB) - MWO Garrett, Executive Vice-president and Head of Asia, Oceania and Africa Zone of Nestle SA, arrives here today (Saturday) on a two-day official visit to Bangladesh.

 

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Foreign currency reserve rises: Kibria

March 3, 2001 

  

Dhaka, Mar 2 (UNB)- Country’s foreign exchange reserves rose to US$ 1558.60 million, as of February 25, while government’s neat borrowings from banking system reduced to half following some fiscal measures.

 

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Finance Minister inaugurates new branches of Employment Bank

March 2, 2001 

  

Dhaka- - Finance Minister Shah AMS Kibria yesterday inaugurated branches of Employment Bank and Krishi Bank in Gazipur district to generate self-employment and facilitate rural banking, an area where private banks are reluctant to take part.

 

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Canadian grant for protecting children and consumers’ rights

March 2, 2001 

  

Dhaka-- Canada will provide a grant of CDN$ 15 million equivalent to approximately Tk 53 crore over a period of 5 years as technical assistance for legal forms aimed at protecting children’s and consumers’ rights.

 

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“There are some sectors the govt can’t totally come out from”

March 1, 2001 

  

Dhaka-- – Industries Minister Tofail Ahmed yesterday said government agency BTTB is going to introduce mobile phones as private operators have failed to come in a bigger way to live up to public expectations.

 

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World Bank & ADB plans are fatwas: Sa Qa Chow MP

March 1, 2001 

  

Dhaka--- Accumulative loss, theft and inefficiency in the sector altogether knocked the Power Development Board on the verge of collapse, the worried PDB chairman disclosed yesterday.

 

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Visiting ADB Country Consultation Mission meet Finance Minister

March 1, 2001 

  

Dhaka-- – Finance Minister Shah AMS Kibria yesterday (Wednesday) said the present government has been pursuing policy to encourage private sector investment in infrastructure sector.

 

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Government sold out Can Making & Tin Printing Plant

March 1, 2001 

  

Dhaka-- – The government has sold out Can Making and Tin Printing Plant, an enterprise of Bangladesh Sugar and Food Industries Corporation.

 

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IMF mission exchange views on Bangladesh’s macro-economy

March 1, 2001 

  

Dhaka, Feb 28- – An IMF mission here yesterday exchanged views with Finance Minister SAMS Kibria on Bangladesh’s macro-economy, monetary and exchange rate policies as well as fiscal measures.

 

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Steps underway to establish private container terminal

March 1, 2001 

  

Dhaka-- – Industries Minister Tofail Ahmed yesterday said steps are underway to remove obstacles to establishing a private container terminal.

 

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Sona Mosjid land port neglected

March 1, 2001 

  

Chapainawabganj-- – Import of goods through Sona Mosjid land port has been reduced sharply due to strict measures taken by the authority for collecting tax properly.

 

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German Embassy doubles budget for 2001’s micro-project activities

March 1, 2001 

  

Dhaka--- Inspired by its success in small-scale projects in 2000 Germany will provide financial assistance of up to Tk 50 lakh to smaller local NGOs in the current year.

 

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CSE All Share Price Index rose by 14.78 points

March 1, 2001 

  

Chittagong-- – Trading at Chittagong Stock Exchange closed lower yesterday (Wednesday) as the losers strongly dominated the gainers.

 

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What do arms; rice, banana & sugar have in common?

February 28, 2001 

  

Dhaka-(Bangla2000news) – All the Least Developed Countries (LDcs), including Bangladesh, will avail duty-free access of their goods, excepting arms, rice, banana and sugar, to the European Union.

 

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EU to allow products from Bangladesh duty & quota-free into its market

February 28, 2001 

  

Dhaka-- – United Kingdom is eager to help Bangladesh in developing different sectors, ceramics and information technology in particular, as a fruitful development partner of Bangladesh.

 

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New paper currency bills of Tk 100 denomination within March 15

February 28, 2001 

  

Dhaka--- New currency notes of Tk 100 denomination, imprinted on paper with the portrait of father of the nation, will appear within March 15.

 

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Asian Development Bank’s publication delves into Bangladesh economy

February 28, 2001 

  

Dhaka-- – Staggering political impasse following government-opposition confrontation would pull back an expected 5.5 percent growth of the country’s economy, cautioned worried donors.

 

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Bangladesh will receive Tk 38 crore from Switzerland as grant

February 28, 2001 

  

Dhaka-- - Bangladesh will receive Tk 38 crore from Switzerland as grant for its ‘Post Literacy and Continuing Education’ programme.