The Daily Star: Internet Edition Tue. March 01, 2005

Vol. 5 Num 270

Tue. March 01, 2005


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Business

Export Target
Bangladesh missions up performance
Performance of Bangladeshi missions abroad in achieving export target has improved slightly with the number of dismal performers declining to 22 from 25.

India budget aims to reduce poverty, unemployment
Indian Finance Minister P Chidambaram yesterday presented Congress-led government's first full-fledged budget that stresses social sector reforms increasing allocations for employment generation and rural

Tk 7,058cr bank loans still unrealised: Moudud
Loans totaling Tk 7,058 crore, drawn from banks and financial institutions by different organisations and individuals, still remain unrealised, Law Minister Moudud Ahmed said yesterday.

Altaf leaves for Kenya to attend WTO conference
Commerce Minister Altaf Hossain Choudhury left for Nairobi yesterday to attend WTO Mini-Ministerial Conference beginning in the Kenyan City of Mombassa on Thursday.

IDLC, India's SBI Capital form strategic alliance
Industrial Development Leasing Company (IDLC) of Bangladesh Ltd, a non-banking financial institution and merchant banker, has formed a strategic alliance with SBI Capital Markets Ltd, a subsidiary ofState

United Leasing recommends 60pc cash dividend, bonus share
United Leasing Company Ltd has recommended 60 percent cash dividend and 1:1 bonus share for its shareholders.

First AGM of buying house assoc held
The first annual general meeting of Bangladesh Garment Buying House Association was held in Dhaka on Sunday.
The AGM formed a 19-member executive committee (EC) to gear up the association's activities.

Int'l textile, RMG machinery fair begins today
A five-day international exposition of textile and garment machinery begins today at the Bangladesh-China Friendship Centre in Dhaka.

WEAB chief to attend business women forum in UAE
Nasreen Awal Mintoo, president of Women Entrepreneurs Association of Bangladesh (WEAB) and chairperson of Saarc Chamber Women Entrepreneurs Council (SCWEC), left Dhaka yesterday to attend 'The First Forum

Japan central bank chief sees low risk of slump
Bank of Japan Governor Toshihiko Fukui said Monday he does not expect the Japanese economy to fall into a serious downturn after contracting for most of 2004.

Samsung announces conservative business plan
Samsung Electronics, the world's largest memory chip maker, announced a conservative business plan Monday, citing unfavorable market conditions such as the won's sharp appreciation against the dollarfor

Shell exploration within its waters: Malaysia
Malaysia on Monday rejected a protest from Indonesia for granting Shell an oil exploration concession in an area claimed by Jakarta, saying the bloc was within Malaysian territory.