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  Volume: XXII, Issue No. 19 May 16-31, 2013  
     
 
 

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Ruposhi Bangla Hotel suffers another setback
_By Raquib Siddiqi Dhaka : Ruposhi Bangla Hotel, which once carried names of Inter-Continental and Dhaka Sheraton and one of the two public sector properties, has suffered another setback. Already losing brand name, the hotel is now faced with huge financial loss due to inefficient and indifferent management. The sudden postponement of hotel's renovation plan until May 2014, is likely to cost the hotel more than Tk 180 million in paying compensation to the parties involved with the project.. More...
Global airline profit will grow to US$7.5b this year : IATA
_A Monitor Report Dubai : Global airline sector profit is likely to grow to US$7.5 billion this year, with Asia Pacific and West Asia-based airlines dominating the international passenger market and leading the way in terms of improved operating margins, according to IATA data. This is compared to US$4.6 billion worth of profit recorded in 2009, the International Air Transport Association (IATA) report said. "The world passenger growth in air traffic is recorded at 5 per cent per annum (CAGR). More...
 
 
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