| Steps to check price hike, review of ADP projects urged
Speakers at a pre-budget discussion yesterday urged the government to take measures against price hike of essentials and restore normalcy in the economic and social lives of the nation. They also asked the government to review the ADP (annual development programme) projects and drop those which will be found dubious. Bangladesh Institute of Development Studies (BIDS), a research institute, organised the seminar in the city and placed some recommendations regarding the upcoming budget. The BIDS urged the government to discontinue tax holiday system and undertake an in-depth evaluation of the entire incentive structure. Finance Adviser Mirza Azizul Islam and leading economists took part at the seminar presided over by Quazi Shahabuddin. The finance adviser said the next budget would focus on poverty reduction and creating new employments.
New-home builders try auctions, some online, as the market softens
Could something akin to eBay auctions be the next stop for new-home builders facing a glut of unsold properties? Inland builders in recent months have been cutting prices and throwing in extras such as free swimming pools to move their new houses in a slowing market. And recently, joining a national trend, some are finding success with public auctions, traditionally seen more as a way to sell artwork or rare antiques. Some of those builders are incorporating online elements into their auctions, giving Web shoppers a chance to bid in real time against the on-premises participants. .
Colombia's Inflation-Linked Peso Debt Yields Rise at Auction
April 18 (Bloomberg) -- Yields on Colombian inflation- linked peso bonds increased in a government auction today. Colombia sold the bonds, known as TES-UVR, due in February 2023 to yield 5.7 percent, up from 5.2 percent in the previous sale on March 21, according to the Finance Ministry. Investor demand totaled 114 billion pesos ($53 million), more than the 75 billion pesos worth of the securities offered in the auction. The yield on inflation-linked bonds maturing in September 2010 rose to 4.99 percent from 4.4 percent in the previous sale. Investors placed bids for 168 billion pesos, more than twice the 75 billion pesos sold. To contact the reporter on this story: Andrea Jaramillo in Bogota at ajaramillo1@bloomberg.net Last Updated: April 18, 2007 12:22 EDT .
Real Estate Auctions - The New Land Rush
( EMAILWIRE.COM, April 17, 2007 ) Indianapolis, IN -- On a sunny afternoon in Florida, an energetic crowd gathers on the lawn of a high end luxury estate. A loud and eager banter between an auctioneer, a group of bidders and bidder assistants fills the air. .
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