Latest News

Tuesday , 16 Jan 2007
EPZs created 45,000 new jobs in 2006

Export Processing Zones (EPZs) in Bangladesh created employment opportunities for 45,000 in the year 2006 as against 43,000 in the previous year. Forty-eight factories came forward to invest in EPZs during the year with an investment of US$376...

Tuesday , 16 Jan 2007
Much-expected separation of the Bangladesh judiciary from the executive becomes reality

The newly appointed caretaker government in a landmark move on January 16 published the gazette notifications of four rules relevant to separating the judiciary from the executive. The much-expected separation of the judiciary now requires only an...

Wednesday , 17 Jan 2007
Yen sinks to 13-month low on rate hike uncertainty

The yen slumped to a 13-month low against the dollar in Asian trade Wednesday following reports that the Bank of Japan will refrain from raising interest rates this week, dealers said. The dollar rose to 120.74 yen in Tokyo afternoon trade, off a...

Wednesday , 17 Jan 2007
India may start border trade with Myanmar, Bhutan in a year

India would start border trade with Bhutan and Myanmar through Arunachal Pradesh within a year, junior minister for Commerce Jairam Ramesh said.Bleting in Tawang district would be a trading point with Bhutan and Pangsupass with Myanmar. The border...

Wednesday , 17 Jan 2007
Public shares to be offloaded

The government will push forward the process of offloading public sector shares and take fresh initiative to bring profit-making firms like telecom and power companies into the stock market. The finance advisor to the interim caretaker government,...

Wednesday , 17 Jan 2007
India cannot sustain 9 per cent growth : according rating agency Moody

India’s capacity constraints may come in the way of sustaining an annual economic growth rate of 9 per cent despite the fact that the economy is showing signs of overheating, ratings agency Moody’s Investors Service said on January,16. Moody’s...

Saturday , 20 Jan 2007
Half-a-trillion dollars invested into emerging markets during 2006

Investors and banks have invested more than half-a-trillion dollars into emerging markets in 2006, with China and other Asian economies accounting for the lion’s share of such money flows. The 2006 figure of 502 billion dollars was just slightly...

Saturday , 20 Jan 2007
BRRI releases two new HYV rice varieties

BRRI developed two new variety of rice suitable for salinity and flood-prone areas. The National Seed Board has recently approved these two varieties developed by the Bangladesh Rice Research Institute (BRRI). The varieties, first of their kind in...

Saturday , 20 Jan 2007
DSE turnover grows by 160.99 per cent

Dhaka stocks witnessed massive rise in transactions and prices last week due to the apparent end of political pandemonium. Turnover at the Dhaka Stock Exchange increased by 160.99 per cent to total at Tk 438.57 crore in last week from the previous...

Saturday , 20 Jan 2007
Bangladesh among top six palm oil importers

Import of edible oil by Bangladesh increased significantly in the 2006, which also saw exorbitant price hike of the essential kitchen commodity. Market analysts observe that the rising consumption of edible oil mainly by the rural population, having...

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