Vol. 5 Num 132 Tue. October 05, 2004    
 
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Business
 
Privatisation Commission back in action
SoEs to be handed over to defence forces, run under private management
After 17 months of inertia following a cabinet committee decision that curtailed its authority, the Privatisation Commission is now back in action as per an understanding reached with industries ministry
 
Saifur favours home-grown reforms for the poor
Addresses annual meetings of the WB, IMF
Finance and Planning Minister Saifur Rahman has called upon multilateral financial institutions like World Bank and the IMF to let countries such as Bangladesh carry out reforms in their own respective
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Batexpo begins tomorrow
A three-day Bangladesh Apparel and Textile Exposition (Batexpo) begins in Dhaka tomorrow with apparel manufactures hoping to get increased orders from buyers.
 
July-August exports clock 26pc growth
Riding on a spectacular growth in readymade garment (RMG) export, Bangladesh witnessed an encouraging 26.37 percent overall export growth in the first two months of this fiscal year.
 
Oil prices ease from highs on Nigeria pact
Oil prices eased on Monday after rebels in Nigeria withdrew a threat to target oil operations, but lingering concerns over stretched supplies ahead of winter kept prices close to $50.
 
No consensus on demand for the poor’s greater voice
Rato says as annual meetings of WB, IMF end
Developing countries are agitating for greater decision-making power in the International Monetary Fund and the World Bank, but the head of the IMF acknowledged Sunday that political consensus on thequestion
 
Top VAT payers under large taxpayer unit purview
The large taxpayer unit under the National Board of Revenue (NBR) has expanded its wing covering the value added tax (VAT) from this month.
 
Seminar on Islamic investment held at CSE
With less than two weeks before launch of the first mutual fund based on Islamic Shariah the Chittagong Stock Exchange (CSE) organised seminar on an Islamic investment on Sunday to prepare its members
 
Sandhani Life Ins okays 14pc dividend
Sandhani Life Insurance Company Limited has declared a 14 percent dividend for its shareholders.
 
Federal Ins declares 10pc dividend
Federal Insurance Company Limited has declared a 10 percent dividend for the shareholders for the year 2003.
 
Nestle gets product selling right at Fantasy Kingdom
Nestle Bangladesh Limited has signed an agreement with theme park Fantasy Kingdom to sell its products exclusively at the entertainment park.
 
Malaysia chalks up strong trade surplus
Malaysia in August chalked up its 82nd consecutive trade surplus and its highest since December 1999 with a total of 8.06 billion ringgit (2.12 billion dollars), the trade ministry said Monday.
 
New MD of Agrani Bank
Syed Abu Naser Bukhtear Ahmed joined Agrani Bank as its managing director and chief executive officer (CEO) on Saturday.
 
Finance leaders urge vigilance on terror
Finance officials from all over the globe gathered under heavy guard on Sunday to push for a stepped-up fight against terror financing while warning the poor must not be forgotten.
 

 
   
 
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