South Asia Investor Review

http://nation.ittefaq.com/issues/2009/11/09/news0041.htm Danish ship builders in city Staff Reporter A delegation comprising 21 companies from Denmark arrived in the city to discuss with the local entrepreneurs for building ships considering the cheap labour markets in Bangladesh. The Danish delegation will hold a meeting today with the representatives of 50 local ship-building companies in the country as the shipbuilding industry appears as a major export-earning sector. With the development of this potential industry, the Danish delegation will hold extensive talks with the Bangladeshi entrepreneurs at hotel Westin today. Commerce Minister Faruk Khan will be present as chief guest. Ship building in Bangladesh has evolved from traditional ... Read Full Story

http://nation.ittefaq.com/issues/2009/11/09/news0007.htm BTSS to produce low-cost phone-mobile sets, laptops Rafiqul Islam Azad The government has decided to produce low-cost land phone and mobile phone sets, laptop and different telephone tools and machinery in the country. Under the imitative, Bangladesh Telephone Shilpa Sangstha (BTSS) has already floated an international tender to procure necessary technology and equipment from abroad, according to sources in the Ministry of Post and Telecommunications. The state-run company would be the first in Bangladesh to manufacture and market cellular phones early next year and in the process reduce dependence on import in the fast growing telecom sector, a well placed official source said. ... Read Full Story

KARACHI: Even after 16 hours, leaping flames are still out of control in a godown of old cloths in Karachi Export Processing Zone, Landhi. However – according to sources – fire brigade and other rescue organisation continue to douse the fire with all their might. Read Full Story

The phrase "too big to fail" has gained currency in the United States to describe large and troubled financial institutions since the beginning of the banking crisis last year. The characteristics of such institutions include their large size and huge impact on the rest of the US banking system and the global economy at large. Seen in the context of regional and global geopolitics, are there any parallels between the the large US banks and the Pakistani state? Let's examine this proposition in a little more depth. Large Size: In terms of its size, Pakistan is one of the largest countries in the world. ... Read Full Story

http://www.theindependent-bd.com/details.php?nid=147953 German business team visits Western Marine STAFF CORRESPONDENT, CHITTAGONG Oct 30: A 23-member team of German Asia-Pacific Business Association (OAV), a network of German companies doing business in Asia, visited the country’s leading shipyard Western Marine Shipyard Ltd in Chittagong last afternoon. The OAV team, comprised of representatives from shipbuilding, designing, engineering, energy and IT sectors, was headed by Peter Clasen, owner of renowned merchant shipper Wilheim G. Clasen. During the visit, CF Zaman, Country Manager of Germanischer Lloyd, and Arifur Rahman Khan, Technical Director of Western Marine Shipyard and Capt Md Jahirul Haque, representative from Chittagong Port Authority were present. Western Marine ... Read Full Story