|
South-east
Asia eager to invest in Bangladesh
June
14, 2000
Dhaka (UNB) – Thailand wants identification of prospective ventures,
Taiwan government-level relations and Japan political stability for their
respective industrial investment in Bangladesh while Dhaka is searching
for capital.
|
|
more....
|
|
Budget
to fund social sectors
June
14, 2000
Sangsad
Bhaban, (UNB) - The general discussion on the proposed budget for fiscal
2000-2001 began in Parliament yesterday (Tuesday) with Deputy Speaker
Abdul Hamid in the chair.
|
|
more....
|
|
“Fiscal
deficit sustainable”: World Bank
June
14, 2000
Dhaka,
(UNB) - The World Bank yesterday (Tuesday) said that Bangladesh's present
level of fiscal deficit was sustainable provided the quality of
expenditure is good.
|
|
more....
|
|
Read
my lips: No new taxes
June
14, 2000
Dhaka,
(UNB) – The National Board of Revenue (NBR) yesterday said no duty or
tax was proposed in the 2000-01 budget on locally produced meat or frozen
chicken.
|
|
more....
|
|
Land-port
revenue collection declines
June
14, 2000
Benapole,
(UNB) – Despite having all prospects, adequate revenue collection from
Benapole Land Port remains a far-fetched expectation as the volume of
export-import through the port continues to decline.
|
|
more....
|
|
Tea
price and demand goes up
June
14, 2000
Chittagong,
June 13 (UNB) - Offerings in the weekly tea sale here yesterday (Tuesday)
once again met with a good demand with prices generally advancing in
sellers’ favor.
|
|
more....
|
|
Mixed
trading at DSE
June
14, 2000
Dhaka,
– Although the losers outnumbered the gainers, price index
at the Dhaka stock Exchange closed higher yesterday (Tuesday).
|
|
more....
|
|
Supplementary
budget for rural welfare
June
13, 2000
Sangsad
Bhaban, June 12 (UNB) - The Finance Minister today defended the
supplementary budget for fiscal 1999-2000 saying the additional allocation
sought for approval of Parliament was mainly used for the welfare of the
poor rural people and development of the rural infrastructure.
|
|
more....
|
|
Kuwait
to give US $40m. for Power
June
13, 2000
Dhaka,
June 12 (UNB) – Bangladesh will receive 40 million US dollars as loan
from Kuwait Fund for Arab Economic Development (KFAED) for implementing
the Greater Chittagong Power Transmission and Distribution Project (Phase
II).
|
|
more....
|
|
Offices
needed in Taipei and Dhaka for better trade
June
13, 2000
Taipei,
June 12 (UNB) – Business leaders from one of the former Asian economic
tigers, Taiwan, seek respective government representative offices in
Taipei and Dhaka for facilitating bilateral trade and their investment in
Bangladesh.
|
|
more....
|
|
Japan
eager to invest more
June
13, 2000
Dhaka,
June 12 (UNB)- A Japanese bureaucrat in Dhaka said constant persuasion of
potential entrepreneurs, not mere incentives, could net more foreign
investments in Bangladesh.
|
|
more....
|
|
Rupiah
Weak but Economy Strong
June
13, 2000
JAKARTA,
JUNE 12 (AP) - Indonesia's senior economics minister Kwik
Kian Gie said Monday the current weakness of the currency, the rupiah, is
"illogical" and doesn't reflect improvement across the economy.
|
|
more....
|
|
Bank
Holiday on June 15
June
12, 2000
Dhaka,
June 11 (UNB)- Bangladesh Bank and all other scheduled banks will remain
closed on June 15 (Thursday) on account of holy Eid-e-Miladunnabi (SM)
said a BB press release.
|
|
more....
|
|
Bullish
trends at CSE
June
12, 2000
Chittagong,
June 11 (UNB)– Trading at the Chittagong Stock Exchange closed higher
today (Sunday) as the gainers dominated over the losers.
|
|
more....
|
|
Slight
gain at DSE
June
12, 2000
Dhaka,
June 11 (UNB) – The price index at the Dhaka stock Exchange finished
higher today (Sunday) with the gainers outnumbering the losers.
|
|
more....
|
|
Loan-defaulting
Bank Directors
June
12, 2000
Sangsad
Bhaban, June 11 (UNB) - As many as 47 directors of different private bank s
were stripped of their posts on charge of loan default from 1995 to May
2000, the Finance Minister told Parliament today (Sunday).
|
|
more....
|
|
China
records strong growth in industrial output
June
11, 2000
BEIJING,
JUNE 10 (AP) - China's industrial output grew 11.5 percent year-on-year
in May, a report said Saturday, indicating the economy continues to
recover despite the drag of persistent structural problems.
|
|
more....
|
|
Administration
calls for less sweeping IMF reforms
June
11, 2000
WASHINGTON,
JUNE 10 (AP) - The Clinton administration rejected sweeping proposals
to overhaul the International Monetary Fund and World Bank put forward by
a congressional advisory panel, arguing instead for a more modest set of
reforms.
|
|
more....
|
|
Stock market
operators hailed budgetary measures
June
11, 2000
Dhaka,
June 10 (UNB) – Stockmarket operators hailed budgetary measures aimed at
revitalizing country’s sluggish capital market that they hope would
accelerate industrialization.
|
|
more....
|
|
Tokyo
stocks fall on lower-than-expected GDP growth, dollar rises
June
10, 2000
TOKYO,
JUNE 9 (AP) - Tokyo stocks fell
early Friday after the government said
Japan's economy grew 0.5 percent in fiscal 1999, lower than its goal
of 0.6 percent. The U.S. dollar was higher against the yen.
|
|
more....
|
|
Indonesian
economics minister lashes out at IMF criticism
June
10, 2000
JAKARTA,
JUNE 9 (AP) - Senior economics minister Kwik Kian Gie Friday
lashed out at the International Monetary Fund for accusing the
Indonesian government of being inconsistent over financial reform.
|
|
more....
|
|
Hong
Kong share prices close higher
June
10, 2000
HONG
KONG, JUNE 9 (AP) - Prices on the Hong Kong Stock Exchange closed higher
Friday on late bargain-hunting.
|
|
more....
|
|
EU
will take necessary steps to
bolster trade and investment relations with Bangladesh.
June
9, 2000
Dhaka,
June 8 (UNB) – European Union (EU) has assured the government of taking
all possible steps to bolster trade and investment relations with
Bangladesh.
|
|
more....
|
|
Judge
orders Microsoft broken into two companies
June
9, 2000
WASHINGTON,
JUNE 8 (AP) - A federal judge ordered the breakup of Microsoft
Corp. in an antitrust case, declaring the software giant that spurred an
explosion in home computing should be split into two because it
"proved untrustworthy in the past."
|
|
more....
|
|
Philippine
Congress approves electronic commerce bill
June
9, 2000
MANILA,
JUNE 8 (AP) - Both houses of the Philippine Congress approved
Thursday a final version of a bill that provides a legal framework for
electronic commerce, including penalties for computer
crimes.
|
|
more....
|
|
Worry
expressed over reported enhancement of power tariffs
June
8, 2000
Dhaka
(UNB) – Chamber leaders expressed their worry over the reported
enhancement of power tariffs with retrospective effect from March that
they said would deal a blow to business and industry.
|
|
more....
|
|
BEC
is going to put Budget on-line
June
8, 2000
Dhaka
(UNB) – Bangladesh Economic Chronicle (BEC), the first web magazine in
Bangladesh on business and economy, is going to put the National Budget
2000-2001 on-line.
|
|
more....
|
|
Armed
goons looted away Tk 16 lakh from EPZ
June
8, 2000
Chittagong
(UNB) – Armed goons swooped into a Korean industry in the Chittagong
Export Processing Zone and looted away Tk 16 lakh yesterday.
|
|
more....
|
|
Trading
at Dhaka Stock Exchange ended higher
June
8, 2000
Dhaka,
June 7 (UNB) – Trading at Dhaka Stock Exchange ended higher today
posting a slight rise in its benchmark.
|
|
more....
|
|
Chittagong
Stock Exchange continued to show downward spiral
June
8, 2000
Chittagong
(UNB) – Chittagong Stock Exchange continued to show downward spiral for
the second straight day yesterday with the losers dominating the gainers.
|
|
more....
|
|
British
Airways confirms that merger talks with KLM
June
8, 2000
LONDON,
JUNE 7 (AP) - British Airways PLC confirmed Wednesday that
it has entered talks with KLM Royal Dutch Airlines NV about a possible
merger.
|
|
more....
|
|
Judge
to rule today on Microsoft
June
8, 2000
WASHINGTON,
JUNE 7 (AP) - The U.S. judge overseeing the Microsoft Corp. antitrust case
said he would rule Wednesday in the historic case that could lead to a
breakup of the software giant.
|
|
more....
|
