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Business
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6 new cos join CDS March 23
Six new companies are going to join the central depository system (CDS) for electronic trade settlement on the bourses on March 23.
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4th int'l poultry show kicks off today
An international poultry show begins today in Dhaka with a call to apply scientific method in farming domestic birds to increase production and make business profitable.
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Ministry moves to bail sick textile mills out of crisis
Proposal to write off overdue interests of bank loans
The Ministry of Textiles will put forward a proposal to the Ministry of Finance for writing off the overdue interests of bank loans of sick textile mills to make them viable.
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India tourism to woo $22b investment in next decade
Says study
The booming Indian travel and tourism industry is expected to attract a capital investment of nearly $22 billion in the next decade, says a study conducted by World Travel and Tourism Council.
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Tea auction witnesses strong demand
The penultimate tea auction of the season here in the port city on Tuesday witnessed strong demand with blenders and loose tea traders lending good support.
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ACI to market Haldiram products
ACI Limited has been appointed the Bangladesh distributor of snacks and sweetmeats of Haldiram, a consumer goods manufacturer of India.
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Japan Airlines to cut 6,000 jobs
Asia's biggest airline Japan Airlines (JAL) plans to cut 6,000 jobs in the next two years under a new business revival plan, the Sankei Shimbun newspaper said Wednesday.
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China's exchange rate at reasonable level
Says Chinese finance minister
China's exchange rate is at a reasonable level and is "in line" with the country's current conditions, Finance Minister Jin Renqing said Wednesday.
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IMF calls on ECB not to raise rates: Report
The International Monetary Fund believes that the European Central Bank should not raise its key interest rates while economic growth in the 12-country eurozone remains so anaemic, the Financial Times
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Fuso Truck Business
Mitsubishi to compensate DaimlerChrysler
Mitsubishi Motors, the scandal-hit Japanese carmaker, has agreed to pay compensation worth some billion yen (762 million dollars) to DaimlerChrysler for losses on its investment in the Mitsubishi Fuso
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