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Workshop
on ‘small enterprise’ begins
June
21, 2000
Dhaka,
(UNB) – A two-day workshop on “Cost Effective Beyond Credit Approaches
to Small Enterprise Development” begins at the BRAC Center in the city
today (Wednesday).
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Catalogue
exhibition of US products to be held
June
21, 2000
Dhaka,
(UNB) – A catalogue exhibition of American products and services will be
held at the conference hall of Khulna Chamber of Commerce and Industries (KCCI)
on June 27.
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Insurance
Amendment Bill 2000 finalized
June
21, 2000
Dhaka,
(UNB)- A Parliamentary Standing Committee on Commerce Ministry meeting
yesterday after threadbare discussion finalized the report on The
Insurance (Amendment) Bill, 2000.
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Vivendi-Seagram-Canal
Plus: 3 way merger ensuing
June
21, 2000
PARIS
(AP) - The chairman of French utilities and media conglomerate Vivendi SA
on Tuesday confirmed plans for a dlrs 34 billion merger with Canadian
drinks and entertainment giant Seagram Co. and Vivendi's own
pay-television unit, Canal Plus.
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Austria
solely holds tax interest plans at EU summit
June
21, 2000
SANTA
MARIA DA FEIRA, Portugal (AP) - Austria, which failed to convince its
European Union partners to lift sanctions against it, was the sole holdout
blocking a compromise Tuesday on a plan to tax interest earned on savings
in other countries.
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Australasian
stock markets close generally mixed
June
21, 2000
HONG
KONG (AP) - Asian stock markets closed generally mixed Tuesday, with
prices rising in Tokyo but slumping in Hong Kong.
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Tea
price rises
June
21, 2000
Chittagong
(UNB) – The weekly tea sale, held here today (Tuesday), observed a
strong market again this week with prices advancing further for most
grades.
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CSE
market heavily “bullish”
June
21, 2000
Chittagong
(UNB) – Price index at the Chittagong Stock Exchange continued to rise
for the fourth straight day today (Monday) with the gainers outnumbering
the losers.
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US$18.383
million loan from Islamic Development Bank
June
20, 2000
Dhaka
(UNB) – The 93rd auction of the 28-day, 91-day, 182-day,
364-day, 2-year and 5-year treasury bills was held here today (Sunday).
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Supplementary
Budget passed in Parliament
June
20, 2000
Sangsad
Bhaban (UNB) – Parliament yesterday passed the supplementary budget of
about Tk 4,489.68 crore to meet additional expenses for the current fiscal
year (1999-2000).
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FBCCI
wants revision of tax and budgetary measures
June
20, 2000
Dhaka,
(UNB) – Federation of Bangladesh Chambers of Commerce and Industry (FBCCI)
has urged the government to review certain tax and budgetary measures
proposed in the budget for 2000-2001.
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Famous US
Nasdaq Stock Market in Japan now
June
20, 2000
TOKYO,
(AP) - Japan's version of the technology-oriented Nasdaq Stock Market made
a high-profile debut Monday, with investors getting the chance to bid on
eight companies including an Internet service provider, a video game
distributor, and a drugstore chain.
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Korea:
Richest man of South distributes riches in North
June
20, 2000
MANILA,
(AP) - The Philippine unemployment rate rose sharply from 9.3 percent in
January to 13.9 percent in April, the highest level in nine years, the
government said Monday.
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Nine-year
high unemployment rate in Philippines
June
20, 2000
MANILA,
(AP) - The Philippine unemployment rate rose sharply from 9.3 percent in
January to 13.9 percent in April, the highest level in nine years, the
government said Monday.
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Mother
of Korean star wins Las Vegas Jackpot
June
20, 2000
SEOUL,
(AP)
- The mother of a South Korean movie actress has made a fortune by winning
dlrs 9,487,583 from a gambling machine at a Las Vegas hotel, her
son-in-law was quoted as saying Monday.
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CSE
rises for third day in a row
June
20, 2000
Chittagong
(UNB) – The upward trend of price index at the Chittagong Stock Exchange
continued yesterday (Monday) for the third straight day.
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Various
denominations’ treasury bills auction held
June
19, 2000
Dhaka
(UNB) – The 93rd auction of the 28-day, 91-day, 182-day,
364-day, 2-year and 5-year treasury bills was held here today (Sunday).
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Chittagong Stock
Exchange rise slightly
June
19, 2000
Chittagong
(UNB) – Although the losers dominated the gainers, the price index at
the Chittagong Stock Exchange marked a slight rise yesterday (Sunday).
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DSE Index gained
0.74 points
June
19, 2000
Dhaka
(UNB) – Trading at the Dhaka Stock Exchange closed higher yesterday
(Sunday) marking a slight rise in its benchmark although the losers
outnumbered the gainers.
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US
welcomes Child Labor elimination in Bangladesh
June
19, 2000
Dhaka
(UNB) – The United States has welcomed June 16 signing of an agreement
in Geneva to continue the program to eliminate child labor from
Bangladesh’s export garment industry.
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Radioactive
milk entering the country
June
19, 2000
Dhaka
(UNB) – Dairy, Poultry and Fisheries Federation of Bangladesh here
yesterday (Sunday) demanded that the government increase duties on milk
powder import by 10 percent instead of reducing it as proposed in the
budget for 2000-2001.
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New
leaders of DCCI meet Prime Minister
June
19, 2000
Dhaka
(UNB) - Prime Minister Sheikh Hasina yesterday (Sunday) urged private
entrepreneurs to create a viable domestic market for their products and
increase the buying capacity of the poor to build a robust economy.
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Dollar's
fall indicates downfall of the U.S. economy
June
18, 2000
NEW
YORK (AP) - The dollar slipped against other major currencies Friday as another economic indicator
showed slowing in the U.S. economy.
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Oil
prices down before ensuing OPEC meet
June
18, 2000
CHICAGO,
(AP)
- Crude oil prices cooled off Friday on the New York Mercantile
Exchange as investors placed their bets on a substantial production
increase by OPEC when the cartel's ministers meet next week in Vienna.
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Earning
forecast headed by Lehman Brothers
June
18, 2000
Lehman
tops NEW YORK (AP)- Lehman Brothers Holdings' second quarter profits
jumped 15 percent as the large U.S. investment bank overcame this spring's
downturn in domestic stock markets.
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DSE
index falls slightly
June
18, 2000
Dhaka,
June 17 (UNB) – Trading at the Dhaka stock Exchange closed lower
Saturday marking a slight fall in its benchmark index.
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CSE
index rises sharply
June
18, 2000
Chittagong,
(UNB) – Week’s trading at Chittagong Stock Exchange began Saturday
marking a rise at its benchmark as the gainers outnumbered the losers.
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FDI Bottlenecks: Bangladesh may suffer serious setback
June
17, 2000
Dhaka, June 16 (UNB) – Serious warnings--not only
new investors will refrain from investing in Bangladesh but also the
existing Japanese entrepreneurs might reconsider continuing their
operations here.
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MOU signed over Child Labor in garments
sector
June
17, 2000
Dhaka,
(UNB) – Bangladesh Garment Manufacturers and Exporters
Association today signed a second deal with ILO and UNICEF on elimination
of child labor from the country’s garment industry.
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Sugisaki optimistic : Asia economic recovery
sustainable
June
17, 2000
VIENNA, (AP) - The general economic uptrend currently observed in Asia
is sustainable, though sound economic developments in Japan and the
U.S. remain crucial, Shigemitsu Sugisaki, a deputy managing director
of the International Monetary Fund, said Friday.
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Forbes
billionaires list: seven Indian info-technology entrepreneurs
June
17, 2000
NEW
DELHI, (AP) - Most of the 11 Indians on the Forbes Magazine list
of billionaires have made their fortunes through Information Technology,
it was reported Friday, highlighting the success of the business in India.
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Gates still world's richest man, but his lead
narrows as Microsoft stock swoons
June
17, 2000
NEW
YORK, (AP) - Even though his personal fortune shrank by a third
this past year, the dlrs 60 billion bankroll of Microsoft Corp.
co-founder Bill Gates is still the world's richest man, according
to Forbes magazine's rankings.
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American automakers make gains in factory
efficiency
June
17, 2000
DETROIT,
(AP) - Strong demand for trucks helped American automakers
boost the efficiency of their factories in 1999, closing a
decade-old gap with foreign automakers.
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The
90s decade disastrous for Pakistani economy
June
16, 2000
ISLAMABAD
(AP) - The 1990s was a disastrous decade for Pakistan's
economy according to the annual economic survey released Thursday which
said that the number of poor people has nearly tripled.
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China’s
first private bank in Bourse
June
16, 2000
BEIJING
(AP) - China's first private joint venture commercial bank,
Xiamen International Bank, plans to apply to list on a local stock
exchange, Asian Development Bank official said Thursday.
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3
large Japanese banks to merge
June
16, 2000
TOKYO
(AP) - Asahi Bank Ltd. said Thursday it will pull out of a planned
three-way merger that would have formed Japan's second-largest banking
group.
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SingTel
signs pact with US Spot Cast
June
16, 2000
SINGAPORE
(AP) - SingTel Mobile, a unit of Singapore Telecommunications,
has signed a pact with U.S.-based SpotCast Communications to provide free
call services from Thursday.
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4
percent ceiling in South Korea
June
16, 2000
SEOUL,
South Korea (AP) - The South Korean government is proposing
a 4 percent ceiling on stakes in bank holding companies, the Financial
Supervisory Service, or FSS, said Thursday.
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Budget
deficit in Philippines
June
16, 2000
MANILA,
Philippines (AP) - The Philippine government posted a budget
deficit of 34.1 billion pesos (dlrs 802 million) in the five months to
May, higher than the targeted 32.5 billion pesos (dlrs 765 million).
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World
Bank to fund Nutrition Program
June
15, 2000
Dhaka,
June 14 (UNB) – Bangladesh will receive Tk 470 crore from World Bank as
assistance for implementing the National Nutrition Program (NNP).
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No
plans to export Gas
June
15, 2000
Sangsad
Bhaban (UNB) - The government has no plan at present to export gas, State
Minister for Energy Prof Rafiqul Islam told Parliament today (Wednesday).
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Electricity
tariff increased nine fold
June
15, 2000
Sangsad
Bhaban, (UNB) - The electricity tariff has increased as many as nine times
since 1990, Parliament was informed yesterday (Wednesday).
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Dhaka
Stock Exchange
"bullish"
June
15, 2000
Dhaka
(UNB) – Price index at Dhaka Stock Exchange continued to show an
upward spiral posting a gain of 2.62 points in its benchmark yesterday.
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As
many gainers as losers in CSE
June
15, 2000
Chittagong
(UNB) – The main index at Chittagong Stock Exchange marked a
slight rise yesterday although the number of gainers and losers was same.
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