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Withdrawal of LC margin restriction on raw cotton & fertilizer
December 31, 2000
Dhaka-- (UNB)- Bangladesh Bank has withdrawn letter of credit (L/C) margin restriction from import of raw cotton and
fertilizer.
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Bangladesh Bank: Official agent for software & agro equity funds
December 31, 2000
Dhaka-- (UNB)- The government has appointed Bangladesh Bank as the agent for channeling Tk 100 crore equity fund for software and agro-processing industries, completing a legal provision required for disbursement of the money under the budget.
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Untimely watermelon cultivation show tremendous success
December 31, 2000
Thakurgaon-- (UNB) – Untimely watermelon cultivation, first ever in the district, showed tremendous success and attracted local farmers to cultivate this fruit.
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ADB’s financial assistance for modern super market
December 31, 2000
Magura-- (UNB) – Local municipality will construct a three-storied modern super market at the Daina crossing in the town.
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UNCCD assures of providing financial assistance
December 26, 2000
Dhaka--(UNB) - United Nations Convention on Control of Desertification (UNCCD) assured of providing financial and technical assistance and formulation of project in Bangladesh in order to control desertification.
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World Bank invites application for funds from SGP
December 26, 2000
Dhaka--(UNB)- World Bank Dhaka office invited application for funds from its small grants programme (SGP) aimed at supporting human rights and poverty-related issues.
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Commuter rail or mass-transit rail is better than monorail: DCCI
December 26, 2000
Dhaka--(UNB)- Country’s premier chamber suggested that the government should go for a commuter rail or other mass-transit rail system discarding the proposed monorail in the city.
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Water transports raise fare by Tk 20 on the eve of Eid
December 26, 2000
Barisal--(UNB)- Launch owners have raised fare on Dhaka-Barisal route by Tk 20 for the dock passengers on the eve of Eid without prior announcement.
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Asian Development Bank approves US$ 67.8m in loan
December 25, 2000
Dhaka-- (UNB) – The Asian Development Bank has approved US$ 67.8 million in loan for rehabilitating vital infrastructure damaged by floods in Southwest Bangladesh.
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Bangladesh Pavilion in Calcutta fair attracts huge crowd
December 25, 2000
Dhaka-- (UNB) – A large number of visitors visited the Bangladesh Pavilion in Calcutta fair and showed their keen interest in buying Bangladeshi goods.
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New platform for garments sector emerges with 8-point charter
December 25, 2000
Dhaka--(UNB) – Progressive Forum, a new platform for the country’s garments sector, emerged yesterday (Saturday) with an 8-point charter to solve the problems facing the industry.
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Bangladesh Bank suspends distribution of polymer notes
December 22, 2000
Dhaka-- (UNB) – Bangladesh Bank has suspended distribution of high demanding newly issued polymer notes of Tk 10 denomination from Tuesday due to short supply.
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Bangladesh & India agree to remove bottlenecks to expand trade
December 22, 2000
Calcutta-- (UNB)- Bangladesh and India agreed to work together for removing bottlenecks to expansion of trade between the two next-door neighbours.
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Export proceeds worth around US$ 650m not repatriated
December 22, 2000
Dhaka-- (UNB) – Export proceeds worth around USD 650 million were not repatriated in the country last fiscal year, which is more than double the maximum level of normal trend, mainly due to discounted receipts against exports.
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Banks take special measures to keep branches open
December 22, 2000
Dhaka-- (UNB)- In view of a staggering vacation, banks have taken special measures to keep some of their branches in Dhaka and Chittagong cities open to help international trade transactions run uninterrupted.
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8,000 fishery villages to be set for expanding Fisheries Industry
December 22, 2000
Dhaka-- (UNB)- A meeting of the Parliamentary Standing Committee on Fisheries and Livestock Ministry yesterday discussed the objective and various aspects of the fourth fisheries project.
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National Revenue Board to keep open customs during Eid
December 22, 2000
Dhaka-- (UNB) - The National Revenue Board (NRB) has decided to keep open the customs activities during Eid vacation and other weekly holidays to facilitate export-import of garment products.
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Finance Minister to help slum-dwellers under govt.-funded plan
December 22, 2000
Dhaka-- (UNB) – Finance Minister Shah AMS Kibria yesterday asked the NGOs to take measures to help return slum-dwellers to their own villages under a government-funded rehabilitation plan.
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120th auction of the treasury bills held
December 22, 2000
Dhaka-- (UNB) - The 120th auction of the 28-day, 91-day, 182-day, 364-day, 2-year and 5-year treasury bills were held here yesterday (Thursday).
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CSE All Share Price Index rose by 8.90 points
December 22, 2000
Chittagong-- (UNB) – Trading at Chittagong Stock Exchange finished higher yesterday (Thursday) for the fourth straight day as the gainers outnumbered the losers.
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Bangladesh exported US$5.31m worth to Greece & imported US$1.57m
December 21, 2000
Dhaka--(UNB)-Bangladesh and Greece yesterday agreed to expand bilateral cooperation in wider fields encompassing trade, shipping, tourism, manpower, education, science and culture.
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Tofail asks IPDC officials to invest to expand industrialization
December 21, 2000
Dhaka--(Bangla2000) – Industries Minister Tofail Ahmed urged the Industrial Promotion and Development Company (IPDC) officials and shareholders to increase support to investors for expanding industrialization in Bangladesh.
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President & GS of Businesswomen's Club meet President Shahabuddin
December 21, 2000
Dhaka--(UNB) – President of Dhaka Business and Professional Women’s Club Begum Razia Matin Chowdhury, MP, and general secretary Zulekha called on President Justice Shahabuddin Ahmed at Bangabhaban yesterday.
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Dhaka stock Exchange finishes higher
December 21, 2000
Dhaka--(UNB)– Trading at Dhaka stock Exchange finished higher yesterday (Wednesday) as the turnover in terms of volume and value increased.
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Chittagong Stock Exchange also marks a rise
December 21, 2000
Chittagong--(UNB) – The main index at Chittagong Stock Exchange marked a rise yesterday (Wednesday) as the gainers outnumbered the losers.
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Hasina apprised of Japanese investors' interests
December 20, 2000
Dhaka--(UNB) - Outgoing Japanese Ambassador Kazuyoshi Urabe yesterday called on Prime Minster Sheikh Hasina at her official Ganabhaban residence and said some of the Japanese investors are interested to invest in Bangladesh.
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ECNEC endorse 14 development projects
December 20, 2000
Dhaka--(UNB) – The Executive Committee of National Economic Council yesterday endorsed 14 development projects, including some major ones, involving Tk 3,033.59 crore with Tk 798.71 crore in project assistance.
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Visiting WB VP Jozef M Ritzen calls on Finance Minister
December 20, 2000
Dhaka--(UNB) – Underscoring the need for higher education especially in science and technology, Finance Minister Shah AMS Kibria sought assistance from donor agencies and countries, including World Bank, for such curricula.
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Bangladesh to receive US$ 170.3m soft loan from ADB
December 20, 2000
Dhaka--(UNB) – Bangladesh will receive 170.3 million US dollars soft loan from the Asian Development Bank (ADB) for implementation of three development projects.
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Japanese Marubeni proposes for 2nd power plant after AES of US
December 20, 2000
Dhaka--(UNB) – Japanese Marubeni Corporation yesterday placed their final proposal for setting up a second power plant of 450-megawatt capacity at Meghnaghat in private sector.
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Sick industry owners keep issues still unresolved
December 20, 2000
Dhaka--(UNB)- As an extended life of the committee to recommend waiver of bank loan interest nears expiry, scores of sick industry owners thronged the committee office with unresolved issues.
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Exide will batter domestic battery manufacturers
December 20, 2000
Dhaka, Dec 18 (UNB) – A move is on to bring in Exide India Limited to manufacture automotive battery here and throw the domestic ones out of the market.
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Khulna Newsprint Mill remains closed for 9 days
December 20, 2000
Khulna--(UNB) – The debt-ridden Khulna Newsprint Mill (KNM) remained closed for the last nine days due to acute crisis of raw materials and running capital.
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DSE All Share Price Index gained 7.57 points
December 20, 2000
Dhaka--(UNB)– Trading at Dhaka stock Exchange finished higher for the third straight day yesterday (Tuesday) as the gainers heavily dominated the losers.
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CSE All Share Price Index rose 13.45 points
December 20, 2000
Chittagong--(UNB) – The main index at Chittagong Stock Exchange marked a significant rise yesterday (Tuesday) as the gainers heavily outnumbered the losers.
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Trading at Chittagong Stock Exchange to remain closed for 9 days
December 20, 2000
Chittagonj--(UNB) – Trading at Chittagong Stock Exchange (CSE) will remain closed for nine days from Saturday on the occasion of Shab-e-Qadar, Christmas, Eid-ul-Fitar and Bank holidays.
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Daily wages of agricultural farm workers to increase
December 19, 2000
Dhaka-- (UNB) – The Cabinet yesterday approved amendment to the Farm Laborers’ Wages Scale Fixation, Appointment and Regulation Policy 1990 for streamlining jobs of agricultural workers.
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Apparel manufacturers to maintain international standards
December 19, 2000
Dhaka-- (UNB)- Apparel manufacturers have assured safety and healthcare for workers to boost their image on export market, following negative impact of job hazards.
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Matching Grant Facility so far approved $ 7.6 million grant
December 19, 2000
Dhaka-- (UNB) – The Matching Grant Facility (MGF), a component of the World Bank-aided Bangladesh Export Diversification Project, has so far approved $ 7.6 million grant for 319 projects from its inception in August 1999.
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World Bank’s Small Grants Programme approves funds
December 19, 2000
Dhaka-- (UNB) – World Bank’s Small Grants Programme (SGP) Steering Committee has approved some funds for distribution in Bangladesh as small grants for the year 2001.
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Bangladesh to receive Tk 42 crore as grant from Norway
December 19, 2000
Dhaka-- (UNB) - Bangladesh will receive Tk 42 crore as grant from Norway for implementing a rural electrification project.
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Radio license renewal programme begins
December 19, 2000
Dhaka-- (UNB) - Betar license renewal programme for the year 2001 started on December 1 and it will continue till January 31 next.
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Dhaka Stock Exchange: slightly bullish
December 19, 2000
Dhaka-- (UNB) – The main index at Dhaka Stock Exchange marked a slight rise yesterday as the gainers dominated the losers.
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Chittagong Stock Exchange: also bullish
December 19, 2000
Chittagong-- (UNB) – Trading at Chittagong Stock Exchange closed higher yesterday, posting a gain of 1.63 points in its benchmark.
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US investment is expected to cross $1b mark: Hasina
December 18, 2000
Dhaka(Bangla2000)--Prime Minister Sheikh Hasina indicated that her party might not go for any electoral coalition to counter the BNP-led four-party electoral alliance.
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Bangladesh Chamber of Industry opens its own web site
December 18, 2000
Dhaka-- (UNB)- Bangladesh Chamber of Industry (BCI) entered the global online yesterday switching its own web site to project business and investment opportunities in Bangladesh.
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State-run banks' Tk 22 crore-credit programme doesn't help farmers
December 18, 2000
Munshiganj-- (UNB)- Despite a massive scheme taken up to cultivate potato in the district the growers are facing problems due to shortage of working capital and price-hike of agri-inputs.
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Safe & economic travel of homebound passengers for Eid discussed
December 18, 2000
Dhaka-- (UNB) – An inter-ministerial meeting yesterday discussed measures for safe travel of homebound passengers ahead of Eid-ul-Fitr.
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119th auction of Bangladesh Bank treasury bills held
December 18, 2000
Dhaka-- (UNB) - The 119th 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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Dhaka Stock Exchange closes higher
December 18, 2000
Dhaka-- (UNB)– Trading at Dhaka Stock Exchange closed higher yesterday (Sunday) posting a slight rise in its benchmark index.
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Chittagong Stock Exchange closes lower
December 18, 2000
Chittagong-- (UNB) – The main index of Chittagong Stock Exchange marked fall yesterday (Sunday) as the losers outnumbered the gainers.
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Dow Ends Down 240, Nasdaq Falls 75
December 17, 2000
NEW YORK (AP) — Spooked by an earnings warning from Microsoft, investors Friday dumped high-tech stocks in a selloff that quickly spread across the market.
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Microsoft Shares Drop on Warning
December 17, 2000
SEATTLE (AP) — Shares of Microsoft fell nearly 9 percent in early trading Friday following a warning by the software giant that its second-quarter revenue and profits will be 5 percent to 6 percent lower than previous estimates due to a worldwide slowdown in computer sales.
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Washable 10-taka polymer bills in circulation
December 15, 2000
Dhaka-- (UNB)- Hundreds of people queued before the central bank counters to collect the new polymer 10-taka note as a souvenir.
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France eager to assist for success in export trade
December 15, 2000
Dhaka-- (UNB) – Newly appointed French Ambassador Michel Lummaux yesterday said his country is eager to assist Bangladesh in maintaining the success in its export trade.
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AmCham in Bangladesh organizes seminar on “Minimum Wages”
December 15, 2000
Dhaka-- (UNB) – Speakers at a seminar here yesterday were divided in opinion on the question of determining a structure of national minimum wages or flexible wages.
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Dhaka Stock Exchange closed lower
December 15, 2000
Dhaka-- (UNB)– Trading at Dhaka Stock Exchange closed lower yesterday marking a fall in its benchmark index.
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Chittagong Stock Exchange also marks fall
December 15, 2000
Chittagong-- (UNB) – The main index at Chittagong Stock Exchange marked a fall yesterday as the losers outnumbered the gainers.
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