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More Business News

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

 

CSE rises

May 14, 2000

 

Chittagong, May 13 (UNB) – Week’s trading at Chittagong Stock Exchange began today (Saturday) marking a rise at its benchmark as the gainers dominated over the losers.

 

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Honda's profit falls for first time in six years on strong yen

May 13, 2000

 

TOKYO, MAY 12 (AP) - Honda Motor Co. said Friday that group profit for the fiscal year that ended March 31 fell for the first time in six years because the yen rose against the U.S. dollar.  

 

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Meeting decided to distribute free quotas

May 12, 2000

 

Dhaka, May 11 (UNB) – Although the government’s target of allocating free quotas has failed, a high level meeting today (Thursday) decided to distribute free quotas for the year 2000 to export readymade garments.  

  

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Bangladeshi firms took part in Osaka Trade Fair

May 12, 2000

 

Dhaka, May 11 (UNB) - Seven Bangladeshi business firms took part in the 24th Osaka International Trade Fair-2000 at Osaka, Japan.  

  

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DSE rises

May 12, 2000

 

Dhaka, May 11 (UNB) – Week’s trading at Dhaka Stock Exchange closed today marking a rise in its benchmark.  

  

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CSE rises

May 12, 2000

 

Chittagong, May 11 (UNB) – Price index at Chittagong Stock Exchange closed higher today (Thursday) as the gainers dominated the losers.

  

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PM’s attention sought for expansion of Bangladesh’s labor market abroad

May 11, 2000

 

Dhaka, May 10 (UNB) – The recruiting agencies have sought the Prime Minister’s special attention for expansion of Bangladesh’s labor market abroad.  

  

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DSE rises

May 11, 2000

 

Dhaka, May 10 (UNB) – Price index at the Dhaka Stock Exchange continued to rise today (Tuesday) although losers outnumbered the gainers.  

  

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CSE falls

May 11, 2000

 

Chittagong, May 10 (UNB) – Despite the gainers outnumbered the losers, trading at the Chittagong Stock Exchange closed lower today (Wednesday).

 

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Earnings by profitable Chinese firms surge in first quarter

May 11, 2000

 

BEIJING, MAY 10 (AP) - Total earnings at profitable Chinese industrial enterprises surged 160 percent in the first quarter of 2000 despite continued swelling of factory stockpiles, the State Statistical Bureau said Wednesday.

 

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GM: no plan to shut down any of Daewoo plants in case of takeover

May 11, 2000

 

SEOUL, MAY 10 (AP) - General Motors Corp. has no plan to close down any Daewoo Motor Co. operations in case of a takeover, GM Chairman John F. Smith Jr. said Wednesday. 

 

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Import rose 8.32 per cent during third quarter

May 10, 2000

 

Dhaka, May 9 (UNB) – Despite a sharp fall in food import, the country’s overall import rose 8.32 per cent during third quarter of the current fiscal year.  

 

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DSE rises

May 10, 2000

 

Dhaka, May 9 (UNB) – Trading at the Dhaka Stock Exchange ended higher today (Tuesday) as the gainers outnumbered the losers.

 

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CSE rises

May 10, 2000

 

Chittagong, May 9 (UNB) – Although the losers outnumbered the gainers, trading at the Chittagong Stock Exchange closed higher today.

 

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Javed made CCCI president

May 9, 2000

 

Chittagong, May 8 (UNB)- Board of Directors of the Chittagong Chamber of Commerce and Industries meeting today elected Saifuzzaman Chowdhury Javed as its president.

 

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Trade talks between Bangladesh and India in Delhi May 10-11

May 9, 2000

 

Dhaka, May 8 (UNB)- Duty-free access of 25-category Bangladeshi items to Indian market will figure high in the secretary-level trade talks between Bangladesh and India in Delhi May 10-11.

 

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DSE falls

May 9, 2000

 

Dhaka, May 8 (UNB) – Despite the gainers dominated the losers the key indicator at the Dhaka Stock Exchange continued to show a downtrend for the second straight day today (Monday).

 

All Share Price Index at the country's main bourse shed 0.26 points or 0.05 percent to close at 516.58 points from Sunday’s 516.84 points.

 

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CSE rises

May 9, 2000

 

Chittagong, May 8 (UNB) – Trading at the Chittagong Stock Exchange finished higher today (Monday) though the losers outnumbered the gainers.

 

All Share Price Index at the country’s second bourse gained 2.42 points or 0.22 percent to close at 1088.72 points from Sunday’s 1086.30 points.

 

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BGMEA-NBR sub-committee made recommendations about bond license

May 8, 2000

 

Dhaka, May 7 (UNB) – A sub-committee comprising NBR officials and BGMEA leaders made five recommendations for consideration by the National Board of Revenue on its fresh conditions about bond license.

  

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HBFC’s special drive brought success

May 8, 2000

 

Dhaka, May 7 (UNB)- The state-run housing finance institution’s special drive launched for survival brought it a success in recovery, debt service, increased disbursement, and even leaving some profit margins for the last two consecutive fiscal years.  

  

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Auction of treasury bills held

May 8, 2000

 

Dhaka, May 7 (UNB) – The 87th auction of the 28-day, 91-day, 182-day, 364-day, 2-year and 5-year treasury bills were held here today (Sunday).

 

Taka 842.50 crore, Tk 6.00 crore, Tk 120.00 crore, Tk 112.00 crore and Tk 30.00 crores were offered respectively for the 28-day, 91-day, 182-day, 364-day and 2-year bills.

   

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New technology to reduce pollution by baby taxis

May 8, 2000

 

Dhaka, May 7 (UNB)- As city life is beset with serious health hazards owing to air pollution, the army innovate a technology converting petrol-driven two-stroke baby taxis into LPG-fuelled vehicles reducing the quantum of environment contamination.

  

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DSE falls

May 8, 2000

 

Dhaka, May 7 (UNB) – Trading at Dhaka Stock Exchange closed today  (Sunday) with a negligible fall in its benchmark as the losers outnumbered the gainers.  

  

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CSE falls

May 8, 2000

 

Chittagong, May 7 (UNB) – The Price Index at the Chittagong Stock Exchange marked a slight fall today (Sunday) as the losers outnumbered the gainers.

  

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Private sector frets over health of Asian banks

May 8, 2000

 

CHIANG MAI, Thailand, MAY 7 (AP) - Private sector bankers attending the Asian Development Bank's annual meeting were unimpressed Sunday by moves by Asian countries to protect their currencies, but showed worries over the health of Asian banks.

  

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