Vol. 4 Num 301 Fri. April 02, 2004    
 
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Business
 
Sugar price hike looms large
Price may go up Tk 10 a kg as govt stocks run out month-end
Sugar price may go up by at least Tk 10 a kg from May as private sector importers will take control of prices when government stocks run out at the end of this month, sources in Bangladesh Sugar and Food
 
Malpractice in SEC in issuing IPOs in 90s
Finds CAG report
Some companies were able to enter the capital market showing fake statements in connivance with a section of officials of initial public offering (IPO) department in the Securities and Exchange Commission
 
WTO Deal Opens Opportunity for LDCs
Bangladesh can export Tk 10,000cr drugs a year
Bangladesh has the potential to export more than Tk 10,000 crore worth of drugs a year, according to Bangladesh Association of Pharmaceutical Industry (BAPI).
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New board of ICC-B
Mahbubur Rahman president; Latifur Rahman, Samson H Chowdhury vice-presidents
The new executive board of Inter-national Chamber of Commerce- Bangladesh (ICCB) unanimously re-elected Mahbubur Rahman as president and Latifur Rahman as vice-president.
 
‘Good corporate governance prerequisite for investment’
Good corporate governance in the institutions is a prerequisite for both foreign and domestic investment as well as for developing capital market.
 
EU horse-trading over IMF job enters home straight
EU finance ministers meet Friday for talks likely dominated by high-stakes horse-trading as Europe seeks agreement on the next head of the IMF, with two candidates leading the pack into the home straight.
 
ECB convenes to discuss possible rate cut
The European Central Bank sat down Thursday for its regular monthly meeting to determine the appropriate level of interest rates for the 12-country eurozone.
 
Banks asked to follow rules in disclosing price sensitive info
Some commercial banks are allegedly hoodwinking people through disclosing inconsistent financial information, in breach of the securities law.
 
Prime Bank receives first instalment payment from Mir Ceramic
Mir Ceramic Limited paid the first instalment of the syndicated term loan of Tk 280.50 million account to Prime Bank Limited, lead arranger of the loan, at a function held on Sunday at a city hotel.
 
Kamaluddin Siddiqui to head co-ordination body on RMG
Prime Minister's Principal Secretary Kamaluddin Siddiqui has been assigned to head the national co-ordination committee on garment industry that will provide policy support for the export sector.
 
Transcom Electronics holds prize giving ceremony
Transcom Electronics Limited recently held a prize giving ceremony of 'Incentive Scheme 2003' for Chittagong area retailers of Philips Lighting.
 
Emirates adds frequencies to Manila, Osaka
Emirates has increased its frequencies to two Asian cities Manila in the Philippines and Osaka in Japan.
 
National Housing, Silicon Properties sign MoU
National Housing Finance and Investments Ltd and Silicon Properties have signed a memorandum of understanding (MoU) in Dhaka recently.
 
US lawmakers criticise China on trade
US lawmakers bashed China on Wednesday, accusing it of engaging in unfair trade that inflated the US deficit and stole American jobs.
 
Sugar price hike looms large
Price may go up Tk 10 a kg as govt stocks run out month-end
Sugar price may go up by at least Tk 10 a kg from May as private sector importers will take control of prices when government stocks run out at the end of this month, sources in Bangladesh Sugar and Food
 

 
   
 
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