South Asia Investor Review is a blog by Riaz Haq focused on reporting, analyzing and discussing the economy and the financial markets of countries in South Asia, including India, Pakistan, Bangladesh and Sri Lanka. It is designed to help...
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South Asia Investor Review is a blog by Riaz Haq focused on reporting, analyzing and discussing the economy and the financial markets of countries in South Asia, including India, Pakistan, Bangladesh and Sri Lanka. It is designed to help international investors looking to learn about investing in South Asia. Riaz has another blog called Haq's Musings at http://riazhaq.blogspot.com
http://www.theindependent-bd.com/details.php?nid=154916
Int’l tender for Sonadia deep sea port design proposed
DEEPAK ACHARJEE
The government plans to invite international tender to appoint a consulting firm by January next for preparing a detail design of the proposed deep seaport at Sonadia Island to be built at a cost of Tk 15,000 crore.
The shipping ministry yesterday formed an eight-member high powered committee headed by Commodore Riaz Uddin Ahmed, chairman of the Chittagong... Read Full Story
http://www.theindependent-bd.com/details.php?nid=154531
Local shipbuilding sector to save foreign currencies
ECONOMIC REPORTER
Minister for Shipping Shajahan Khan on Saturday said country would save huge foreign currencies, as a local shipbuilding company Western Marine Limited, was building a Ro-Ro ferry for the first time in Bangladesh.
Terming this a milestone for domestic ship building industry, the minister said the country had to procure such kind of vessel from Europe in the... Read Full Story
http://www.thefinancialexpress-bd.com/more.php?news_id=87395
Private sector credit flow up again in Oct
Siddique Islam
Private sector credit flow again witnessed a rising trend in October after a month of declining growth, indicating that the country’s overall business activities have started improving slowly.
Private sector credit growth rose to 15.40 per cent in October from 13.65 per cent in September, against lower growth recorded in about last two years, according to the central... Read Full Story
http://www.thefinancialexpress-bd.com/more.php?news_id=87504
Developing dairy industry to tap its full potential
Farid Ahmed
THE domestic dairy industry has developed to a notable extent. But this development is still far below the country’s potential. This is costing Bangladesh dearly. The cost and import of powdered milk is growing each year. The import was much lower even in the mid nineties. Growing import underlines the potential for a sizeable domestic dairy industry.
The... Read Full Story
http://www.thedailystar.net/newDesign/news-details.php?nid=117685
Metro Spinning plans for ’slab yarn’ production
Star Business Report
Metro Spinning, a concern of Maksons Group, plans to import 20 slab yarn machines from India in two phases to produce specialised yarn, as part of the company’s effort to diversify products.
The equipment that makes specialised yarn for both knit and woven fabrics will be installed at a cost of $2.30 lakh (Tk 1.58 crore).
Metro Spinning made the plan... Read Full Story
http://www.thedailystar.net/newDesign/news-details.php?nid=117084
FARR Ceramics sets foot in Argentina
Next shipment in March
Sajjadur Rahman
A local ceramics manufacturer has entered Argentina with exports after shoring up its foothold in Europe.
FARR Ceramics Ltd has recently exported ceramics worth Tk 1.6 crore to the South American country. The company has also bagged Tk 5 crore orders from the country and will ship by March.
“We are exploring new markets on our own. We don’t... Read Full Story
http://www.thefinancialexpress-bd.com/more.php?news_id=87449
Int’l engineering industry show begins Jan 7
FE Report
A four-day international trade show for the engineering industry will start from January 7 at the Bangabandhu International Conference Centre (BICC) in the city.
Some 25 international engineering goods manufacturers, mainly from India and China, will showcase their latest products in the fair. Bangladeshi manufacturers will also display their goods in it.
ASK Trade and... Read Full Story
http://www.thefinancialexpress-bd.com/more.php?news_id=87308
Potential for developing Bangladesh’s pharmaceutical sector
Ferdous Alam
The export value of pharmaceuticals, though small, is growing at 50 per cent per year. Exports increased from $8.2 million in 2004 to $28.3 million in 2007 and expanded further in last two of years. The export destinations have now risen from 37, to 72 countries during the period.
The inception in the 1950s was small, with a handful local and... Read Full Story
KARACHI: The trade volume at Karachi Stock Exchange slid to six-month low Monday, as the benchmark KSE-100 Index loses 16 points to close below 9,000 level at 8,992.
The stock market began with green numbers on screens but later terrorist activities in NWFP and Quetta eroded the early gains and the Index pegged at the current level.
The market turnover shrank to 70 million shares which is lowest since June 16, 2009. Read Full Story
http://nation.ittefaq.com/issues/2009/11/18/news0891.htm
IBBL trains employees of Nigerian bank
Business Report
The valedictory session of a week long “Pre-Launching Manpower Development Programme” organised by Islami Bank Bangladesh Ltd was held on Sunday at the conference hall of its training and research academy.
Prof. Abu Nasser Muhammad Abduz Zaher, Chairman, Board of Directors of Islami Bank Bangladesh Ltd. was present in the function as Chief Guest. Presided over by M... Read Full Story
