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US
Jobless Rate Falls to 4.0 Percent
July
8, 2000
WASHINGTON (AP) —
American businesses added fewer jobs than expected in June, the strongest
evidence yet that the Federal Reserve is succeeding in its campaign to keep
the economy from overheating.
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Oil Coming Soon
July
8, 2000
DUBAI, United Arab Emirates (AP) — An extra 500,000 barrels of oil promised
by Saudi Arabia earlier this week is coming to the market soon, a Gulf oil
official said Friday. The prospect of more oil has sent crude oil prices lower.
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6
trades, finance bodies to reform aid program for LDCs
July
8, 2000
UNITED
NATIONS : Six of the world’s biggest international trade and finance
organizations announced they would reform a four –year-old program to help the
world’s poorest nations integrate into the global economy, says AP.
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“No manipulation” in rise of stock market?
July 7, 2000
Dhaka (UNB)- Again it’s the investors’ choice whether to rush to the stock market as both the bourses of the country basked in bullish trade for a week closed yesterday (Thursday).
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Unemployment in Germany decreases
July 7, 2000
NUREMBERG, Germany (AP)- The number of jobless in Germany
furthered its drop below 10 percent for the third consecutive month
in June, confirming a steady improvement in unemployment driven by a
rekindled economy and booming export industry, the Federal Labor
office said Thursday.
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CSE rises significantly
July 7, 2000
Chittagong(UNB) – The upward spiral trend at the Chittagong Stock Exchange continued for the sixth straight day yesterday with a significant rise in its benchmark.
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EU countries to cooperate for further export
July 6, 2000
Dhaka (UNB) - Bangladesh yesterday (Wednesday) sought easier access of her products to the European Union, the largest trade partner of the country.
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Indonesia's rupiah devaluates
July 6, 2000
JAKARTA (AP) - Indonesia's currency, the rupiah, hit a 16-month low Wednesday, pushed down by fears of escalating violence and political uncertainty ahead of the annual meeting of the country's highest legislative body.
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Asian stock markets close mostly higher
July 6, 2000
HONG KONG (AP) - Asian stock markets closed mostly higher Wednesday, but Tokyo, the region's largest exchange, bucked the trend.
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DSE index crosses 600-mark
July 6, 2000
Dhaka (UNB) – Trading at Dhaka Stock Exchange finished higher yesterday
posting a gain of 25.95 points in its benchmark
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CSE rises for 5th straight day
July 6, 2000
Chittagong (UNB) - The main index at Chittagong Stock Exchange continued to show an upward spiral posting gains for the fifth straight day yesterday.
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5
Southeast Asian nations form economic forum
July
5, 2000
Dhaka
(UNB) – The five-nation BIMST-EC will formally launch an “Economic
Forum” in its 3rd ministerial meeting in New Delhi on July 6.
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Industrial
plots in EPZs ready for allotment
July
5, 2000
Sangsad
Bhaban (UNB) - Industrial plots in four new export processing zones are
ready for allotment among investors in the EPZs, Prime Minister Sheikh
Hasina told parliament yesterday (Tuesday).
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Chittagong port
strike withdrawn
July
5, 2000
Chittagong
(UNB) – Chittagong Bandar Sramik Dal yesterday (Tuesday) called off
their tomorrow’s scheduled strike in the port as the authority convened
a preparatory meeting for a new CBA election.
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Coin to mark silver
jubilee of independence
July
5, 2000
Dhaka
(UNB)- Bangladesh Bank has made commemorative silver coins of ten taka
denomination to mark the silver jubilee of independence of Bangladesh.
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Khulna Newsprint
Mill in crisis
July
5, 2000
Khulna
(UNB)- Production in Khulna Newsprint Mills has come down to 600 to 700
tons daily against the normal production of 3,000 tons due to acute
financial crisis.
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OPEC’s oil make
Saudi Arabia opaque
July
5, 2000
ASWAN
(AP) - Saudi Arabia intends to put 500,000 additional barrels of oil on
the market every day starting immediately to try to get soaring prices
down to dlrs 25 a barrel, an official from an OPEC delegation said Monday.
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Surcharge to be
imposed on feeder ships?
July
5, 2000
Chittagong
(UNB) – As congestion in Chittagong Port persisted Singapore-based
Chittagong Feeder Trade Committee (CFTC) has threatened to impose
surcharge on feeder ships for the delay at the Port.
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DSE index strongly
bullish
July
5, 2000
Dhaka
(UNB) – Trading at the Dhaka Stock Exchange closed higher yesterday
(Tuesday) with the gainers heavily outnumbering the losers.
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Industrial
Bank recovers record amount of loan
July
4, 2000
Dhaka
(UNB)- Bangladesh Shilpa Bank whose lending operations have been suspended
for several years recovered Tk 121.55 crore from outstanding loans in the
just-out fiscal year.
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Banks
urged to apply international standards
July
4, 2000
Dhaka
(UNB)- Banking experts yesterday advised the banks to apply international
accounting standards in preparing accurate and transparent financial
reports, reflecting their real position.
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Bank
to rehabilitate apparel industry
July
4, 2000
Dhaka
(UNB)- Sonali Bank has agreed to rehabilitate some 20 export-oriented
garment factories closed for long following their problems with the bank.
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Frozen shares start
to melt sinking market
July
4, 2000
KUALA
LUMPUR (AP) - Malaysian stocks sank quickly Monday when shares owned by
Singapore investors that were frozen for nearly two years under emergency
measures to cope with the Asian crisis started being put back on the
market.
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Central American
nations trying to unite
July
4, 2000
CANOUAN,
St. Vincent (AP) - With the global economy beginning to squeeze
out Caribbean nations, the region's leaders were supposed to concentrate
this week on jump-starting a decades-old effort to unite their economies.
But the region's divisiveness is again stealing the show.
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92 advanced &
49 declined at DSE
July
4, 2000
Dhaka
(UNB) – Trading at the Dhaka Stock Exchange closed higher yesterday
(Monday) as turnover in terms of both volume and value increased.
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36 gained & 24
declined at CSE
July
4, 2000
Chittagong
(UNB) – The price index at the Chittagong Stock Exchange finished higher
yesterday (Monday) as the gainers outnumbered the losers.
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Non-inflationary
growth: Bangladesh’s prime goal
July
3, 2000
Dhaka
(UNB)- Government borrowing from banks so far has not had any negative
impact on inflation and liquidity to disturb macroeconomic management, the
Finance Minister said yesterday dismissing opposition contentions.
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Revolution: after the
‘Green’, the ‘Brown’
July
3, 2000
Dhaka
(UNB) – Noticing a growing leather and leather goods market worldwide,
business experts identified the sector for a “Brown Revolution” in the
country as it has all the potential for a boom.
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Executive
of Japan Bank to visit Grameen Bank
July
3, 2000
Dhaka
(UNB) – Executive Director of Japan Bank for International
Cooperation (JBIC) Yoshihiko Kono arrived here yesterday on a four-day
visit to Bangladesh.
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French
textile expert arrives to speak on Jute
July
3, 2000
Dhaka
(UNB) – A seminar on ‘Diversification of the Jute usage, including
blending of Jute with the Flax’ will be held at Alliance Francaise de
Dhaka on Tuesday.
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BTV
earned Tk.65.8m.from ‘World Cup Cricket’
July
3, 2000
Dhaka
(UNB) – State-owned Bangladesh Television earned a total of Tk 62.95 crore
from fees of television license and other sources in 1999-2000 fiscal year.
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DSE
‘bullish’
July
3, 2000
Dhaka
(UNB) – Trading at the Dhaka Stock Exchange closed higher on Sunday with
the gainers dominating the losers.
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CSE
index rose by 12.86 points
July
3, 2000
Chittagong
(UNB) – The price index at the Chittagong Stock Exchange closed higher
yesterday (Sunday) as the gainers outnumbered the losers.
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Migrant
smuggling a sophisticated business in China
July
2, 2000
SHANGHAI,
JULY 1 (AP) - Some use bogus companies abroad to get business visas for
smuggled Chinese migrants. Others run multinational networks of gangs.
Behind the thuggish image of a trade that sends up to 100,000 Chinese
migrants overseas every year lies a shadowy but sophisticated industry.
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"Economy
is healthy: Bangladesh to break up LDC status soon" Tofail
July
1, 2000
Dhaka, (UNB)- It is not too long when Bangladesh shoots out of the LDC
status as all development indices pose for upswing, claimed the Industries
Minister.
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Chinese
premier meets German leaders to boost trade
July
1, 2000
BERLIN, (AP) - Chinese Premier Zhu Rongji met German leaders
Friday
on a trip aimed at closer commercial ties to its biggest European
trade partner.
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