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Virgin
wants to expand in Asia, Branson says
May
21, 2000
SINGAPORE,
MAY 20 (AP) - British billionaire Richard Branson plans to expand
his Virgin Group empire in Asia, the flamboyant tycoon said in an
interview published Saturday.
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Dhaka
Stock Exchange closed lower today
May
21, 2000
Dhaka,
May 20 (UNB) – Week’s trading at the Dhaka Stock Exchange closed lower
today (Saturday) although the turnover in terms of both volume and value
increased.
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Trading
at Chittagong Stock Exchange began marking a fall
May
21, 2000
Chittagong,
May 20 (UNB) – Week’s trading at Chittagong Stock Exchange began today
(Saturday) marking a fall at its benchmark as the losers outnumbered the
gainers.
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Kamaluddin
reinstated to presidency of CCCI
May
18, 2000
Chittagong,
May 17 (UNB)- Kamaluddin Ahmed reinstated to the presidency of the
Chittagong Chamber of Commerce and Industry (CCCI) by an interim order of
the High Court has asked the CCCI secretary to unlock his chamber tomorrow
(Thursday).
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Underground
bank withered with a crore Taka
May
18, 2000
Kushtia,
May 17 (UNB) – An underground bank known as ‘Syndicate Bank or Hundi
Bank’ operating at Harinarayanpur Bazar, 14 miles away from here, has
just withered with about a crore Taka of deposit, local investors have
alleged.
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Sangu
gas pipeline is at high risk
May
18, 2000
Dhaka,
May 17 (UNB) – The Sangu gas pipeline is at high risk as a sinking
vessel was beached some 70 meters south of the 20-inch pipeline at
Chilimpur of Sitakunda in Chittagong.
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Bangladesh
and Bhutan to hold trade negotiations in July
May
18, 2000
Dhaka,
May 17 (UNB) - Bangladesh and Bhutan agreed to hold bilateral trade
negotiations here in July to renew Dhaka-Thimpu agreements on Trade and
Transit that expires on September 7.
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Yugoslav
government shuts down media outlets
May
18, 2000
BELGRADE,
MAY 17 (AP) - Making good on threats of a crackdown,
police Wednesday took control of several media outlets critical of
President Slobodan Milosevic and his government.
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Top
Philippine justice department counsel rejects charge against `Love Bug'
suspect
May
18, 2000
MANILA,
MAY 17 (AP) - Philippine investigators attempting to find the author of the
"Love Bug" computer virus that crippled e-mail systems worldwide
are facing a new obstacle: the justice department's top lawyer says the law
they planned to use to charge any suspects doesn't apply.
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Reduction
of interest rate for setting up small and cottage ind
May
17, 2000
Dhaka,
May 16 (UNB) – Parliamentary Standing Committee on Industries Ministry
has decided to reduce the interest rate on loans for setting up small and
cottage industries to 10 percent.
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Export
to Bhutan increased four times over last four years
May
17, 2000
Dhaka,
May 16 (UNB) – Although traders were not interested much to penetrate
the Bhutanese market export to that country increased four times over the
last four years due to growing demand of Bangladesh products.
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ECNEC
approved five projects involving Tk 3,721.47 cr
May
17, 2000
Dhaka,
May 16 (UNB) – Executive Committee of the National Economic Council (ECNEC)
today approved five projects involving Tk 3,721.47 crore of which nearly
Tk 1,446.70 crore will be project grant.
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Tea
Sale
May
17, 2000
Chittagong,
May 16 (UNB) – The weekly tea sale here today (Tuesday) witnessed a good
demand for all clean well made types, particularly Fannings that
appreciated in price.
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Bhutan
pursuing to open bus service between two countries
May
17, 2000
Dhaka,
May 16 (UNB)- Bhutan is pursuing Bangladesh to open bus service between
the two neighbouring countries.
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Bountiful
production of tropical fruits expected
May
17, 2000
Panchagarh,
May 16 (UNB) – Mango and litchi growers in greater Dinajpur district are
in an upbeat mood expecting a bountiful production of the two delicious
tropical fruits.
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CSE
rises
May
17, 2000
Chittagong,
May 16 (UNB) – Chittagong Stock Exchange experienced a further rise
today (Tuesday) in its benchmark as the losers outnumbered the gainers.
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British
inflation jumps to 3.0 percent
May
17, 2000
LONDON,
MAY 16 (AP) - Higher monthly mortgage costs boosted Britain's inflation
rate to 3.0 percent in April, up from 2.6 percent the previous month, the
government said Tuesday.
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Coca-Cola:
South Africa is real thing for investment
May
17, 2000
PRETORIA,
MAY 16 (AP) - Coca-Cola has decided South Africa is
the real thing for investment, with the company's chairman announcing on
Tuesday a 1.4 billion rand (dlrs 200 million) package.
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India
to introduce high denomination currency note
May
17, 2000
NEW
DELHI, MAY 16 (AP) - The government will reintroduce a high denomination
1,000 rupee currency note from July, Finance Minister Yashwant Sinha told
Parliament Tuesday.
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Bangladesh
and Bhutan renew trade agreement
May
16, 2000
Dhaka,
May 15 (UNB) - Bangladesh and Bhutan today (Monday) agreed to renew the
trade agreement, which expires in September, to expand volume of bilateral
trade heavily inclined towards Bhutan.
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DSE
rises
May
16, 2000
Dhaka,
May 15 (UNB) – Trading at the Dhaka Stock Exchange finished higher today
(Monday) posting a slight rise in its benchmark indicator.
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CSE
rises
May
16, 2000
Chittagong,
May 15 (UNB) – Trading at the Chittagong Stock Exchange closed higher
today (Sunday) although terms in both volume and value declined.
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EU
trade negotiator returns to Beijing for more WTO talks
May
16, 2000
BEIJING,
MAY 15 (AP) -Expressing guarded optimism on hopes for a deal, Europe's top
trade negotiator, Pascal Lamy, returned to Beijing on Monday for more
talks that China hopes will smooth its entry into the World Trade
Organization this year.
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Indonesia's
president has no quick fix for sliding rupiah
May
16, 2000
JAKARTA,
MAY 15 (AP) - President Abdurrahman Wahid said Monday the government has no
plan to intervene in financial markets to prop up the rupiah currency, which
hit a seven-month low last week.
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Pakistan
likely to allow duty free access of Bangladesh tea
May
15, 2000
Dhaka,
May 14 (UNB) – Pakistan is likely to allow duty free access of
Bangladesh tea by the end of this year as the tea has good demand there.
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Auction
of treasury bills held
May
15, 2000
Dhaka,
May 14 (UNB) – The 88th
auction of the 28-year, 91-day, 182-day, 364-day, 2-year and 5-year
treasury bills were held here today (Sunday).
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