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 Tele... Read Full Story
http://www.thedailystar.net/newDesign/news-details.php?nid=113293
TigerIT ranks first in US competition
Star Business Report
TigerIT Bangladesh Ltd, a local IT firm, ranked first in the minutiae interoperability exchange test by US-based National Institute of Standards and Technology (NIST).
The purpose of the Minutiae Interoperability Exchange Test (MINEX) is to determine the feasibility of using minutiae data as an interchange medium for fingerprint information between different fingerprint... Read Full Story
http://www.newagebd.com/2009/nov/09/busi.html#8
Mineral export can fetch Tk 12,000cr: experts
Bangladesh Sangbad Sangstha . Cox’s Bazar
Bangladesh has deposits of at least 1.74 million tonnes of minerals worth over Tk 12,000 crore in the beach sand of vast areas stretching from Najirtek of Cox’s Bazar Sadar to Teknaf, experts said.
‘The total amount of mineral deposits in the beach sand is estimated to be 4.4 million tonnes. The actual heavily rich minerals are around 1.75 million tonnes,’ sa... Read Full Story
http://www.theindependent-bd.com/details.php?nid=149104
Positive change in Bangladesh to woo overseas trade, investment
UK delegation says
UNB, Dhaka
A group of UK companies praised ‘phenomenal’ change taking place in Bangladesh for attracting overseas business and investment as Dhaka evolves as an international trading hub.
“A phenomenal change is now taking place in Bangladesh. Dhaka is now an international city moving fast and international market is coming up here,”... Read Full Story
http://nation.ittefaq.com/issues/2009/11/09/news0034.htm
German company to invest US$ 4.5m at Adamjee EPZ
Business Report
German Company M/S Cancun Food Produces Limited is going to set up a High Tech Food Processing Industry in the Adamjee Export Processing Zone.
This foreign owned company will invest 4.5 million US dollar in their unit and will produce process food items.
The company will also create employment opportunity for 382 Bangladeshi nationals, a BEPZA press release said.
An agreem... Read Full Story
http://www.newagebd.com/2009/nov/09/busi.html#2
BB’s Automated Clearing House begins trial run
United News of Bangladesh . Dhaka
Bangladesh Bank on Sunday launched the trial run of newly introduced Automated Clearing House, as part of its move to digitalise the country’s banking system.
Under the new automated system, banks will not need to send their cheques physically to the clearing house at the central bank for effecting fund transfer. Now the banks can do the job online from their own of... Read Full Story
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... Read Full Story
http://www.thedailystar.net/newDesign/news-details.php?nid=113289
Power generation show begins Thursday
Star Business Report
An exhibition on power generation and transmission will be held in Dhaka on November 12-14.
Renowned local and international companies are expected to participate in the three-day event.
Conference and Exhibition Management Services Ltd (CEMS) will hold the exhibition at Bangabandhu International Conference Centre in the capital, CEMS officials told a press conference a... Read Full Story
http://www.thedailystar.net/newDesign/news-details.php?nid=113288
BoI chief upbeat on FDI flow
Star Business Report
The state-run investment promotional body chief is upbeat on foreign direct investment flow to Bangladesh at an amount of at least $5 billion a year, despite the present declining trend.
i”It is our target to receive a minimum of $ 3 billion and a maximum of $5 billion in oversees investment per year,” SA Samad told a meeting of foreign entrepreneurs in Dhaka yesterd... Read Full Story
http://www.thefinancialexpress-bd.com/2009/11/08/83704.html
Walton eyes int’l market with high production
Walton Refrigerator. Source: http://www.waltonbd.com/
Mehdi Musharraf Bhuiyan
Local consumer electronics giant Walton has aimed at more than doubling its daily production of refrigerators by the end of this year as the company is looking to make its mark in the wider international market.
The wholly Bangladeshi owned company- which is a concern of the local R.B. Group, is planning to inc... Read Full Story