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Archive for the ‘Business’ Category

Ford Says `Tata’ to Jaguar, Land Rover
Wednesday, March 26th, 2008

Ford Motor Co. is selling its storied Jaguar and Land Rover businesses to India’s Tata Motors Ltd. in a deal that will net the U.S. automaker $1.7 billion — roughly a third of the price it paid for the two luxury brands.The deal announced Wednesday will expand the Indian carmaker’s reach around the globe and […]


China RMG makers shift from exports to home market
Friday, February 29th, 2008

Zhang Yang, the driving force behind a major Sino-foreign joint venture knitwear exporter in East China’s Zhejiang Province, has cultivated a habit of opening his computer and checking the daily exchange rate when he enters his spacious office.
There was no rest for Zhang’s heart on February 20 when the Chinese currency reached a new high, […]


Tata launches world’s cheapest car
Thursday, January 10th, 2008

Ratan Tata drove in the Nano, the much awaited Rs.100,000 ($2,500) ‘people’s car’, into the podium in Tata Motor’s pavilion at the Auto Expo 2008 in New Delhi, heralding the launch of the world’s cheapest car.
India’s top vehicle makers say it will roll out the new vehicle later this year. This is really a […]


Asian economies seen shifting down a gear in ‘08
Tuesday, December 18th, 2007

Asia’s economies are set to lose some steam in 2008 as the US economic locomotive slows, but continued breakneck growth in China should ensure the region escapes a severe downturn, analysts predict.
Japan looks particularly vulnerable to any cooling of the US economy as brisk exports have played a pivotal role in a recovery in Asia’s […]


4-day trade show begins in Tokyo
Tuesday, November 13th, 2007

The four-day Bangladesh Single Country Trade Show was inaugurated in Tokyo on Monday.
The Japan External Trade Organisation and the Export Promotion Bureau, Bangladesh have organised the trade show with the support of the Bangladesh embassy in Tokyo, said a press release.

Osamu Uno, vice-minister for foreign affairs of Japan and member of the House of […]


Yahoo to buy 10 percent of Alibaba.com IPO shares
Wednesday, November 7th, 2007

Yahoo! Inc will buy 10 percent of a share sale by Alibaba.com Ltd, China’s biggest e-commerce firm, as it steps up a battle with Google Inc and Baidu in the world’s second-biggest Internet market.
The U.S. Web giant, at the centre of a controversy over the jailing of two Chinese dissidents, is buying into a Hong […]


International mobile phone fair in Bangladesh
Tuesday, October 9th, 2007

An international mobile fair will be held at the Bangladesh-China Friendship Conference Centre in Dhaka on December 10-14 aiming to increase the number of mobile phone subscribers in the country.
Bangladesh Mobile Phone Businessmen Association in cooperation with the Federation of Bangladesh Chambers and Commerce and Industry will organise the fair tilted ‘2nd Dhaka International Mobile […]


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