Vol. 5 Num 329 Sun. May 01, 2005    
 
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Business
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Bill Seeking Duty-free Access to US
US senators, congressmen assure BGMEA of support
US senators and congressmen have vowed to extend their support to pass a bill seeking duty-free access of all products from Bangladesh and 13 other least developed countries (LDCs) to the US.
 
Bid to Conduct in-depth Study for Power Plant
US firm seeks to take coal mine field on lease
Global Vulcan Energy International LLC (GVEI), a US-based firm, has proposed the government to lease it a coal mine field for conducting an in-depth study to set up a coal-based mobile power plant.
 
PM's Vietnam visit to focus on trade
Prime Minister Khaleda Zia undertakes a 3-day official visit to Vietnam on May 17 with promotion of bilateral trade, investment and economic cooperation on top of her agenda.
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Incentives needed to promote women entrepreneurship
DCCI workshop observes
Speakers at a workshop yesterday underscored the need for increasing training and marketing facilities, sharing information, access to finance and other privileges to encourage women entrepreneurs.
 
China defends against copyright abuse allegations
China said Saturday it has "always worked hard" to protect copyrights, defending itself against a US decision to put it on a blacklist of countries allegedly guilty of "rampant" copyright abuses.
 
Asian finance chiefs meet at ADB as yuan talk swirls
Finance officials from Asia, which has two-thirds of the world's foreign exchange reserves, meet next week as speculation reaches fever pitch about a Chinese currency revaluation that could rock global
 
Ctg, Karachi chambers sign MoU
Chittagong Chamber of Commerce and Industry (CCCI) and Karachi Chamber of Commerce and Industry (KCCI) have signed a memorandum of understanding (MoU) in Pakistan with a view to enhancing bilateral trade
 
Saifur leaves for Istanbul, Washington tomorrow
Finance and Planning Minister M Saifur Rahman leaves Dhaka tomorrow for Istanbul and Washington on a 11-day tour to attend the annual meeting of the Asian Development Bank and meet high officials of World
 
Speaker calls for setting up of agro-based industries in Rangpur
Speaker of Jatiya Sangsad Jamiruddin Sircar has urged entrepreneurs to come up with initiatives for agro-based industries in greater Rangpur district.
 
Japanese co to invest $10m in Ctg EPZ
A Japanese company will set up a plastic car parts manufacturing plant in Chittagong Export Processing Zone.
 
Budget Proposals
Drug makers seek steps to up exports
Bangladesh Association of Pharmaceutical Industries (BAPI) has sought measures in the next budget to exploit drug export potential in view a WTO deal on medicine.
 
Free car service week of Rahimafrooz CNG held
Rahimafrooz CNG Ltd conducted a "Free Car Service and Check Up Week" recently for compressed natural gas converted vehicles in different locations of Dhaka.
 
EU seeks views at start of China textile probe
The European Commission on Friday gave textile manufacturers, importers and consumers' groups three weeks to comment as part of its probe into a surge in Chinese imports, which is straining EU-China ties.
 
Oil tumbles, closes below $50 in NY
World oil futures slid Friday, closing below 50 dollars a barrel for the first time in more than two months in New York, as markets reacted to slower US economic growth amid rising oil inventories.
 
India's forex reserves up
India's foreign exchange reserves rose to $142.55 billion on April 22, from $141.55 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement Saturday.
 
Lamy stays on track to win WTO race
France's Pascal Lamy strengthened his bid to take over as head of the World Trade Organisation (WTO) Friday when he emerged a clear first in the latest round of soundings of members.
 
US consumer spending, incomes up
US consumer spending and personal incomes both rose by solid margins in March, according to a government report Friday released days before Federal Reserve policymakers meet.
 
Hindustan Lever quarterly profit drops 15pc
India's biggest consumer goods company, Hindustan Lever Limited (HLL), said Friday first quarter profit fell 15 percent, despite strong sales because of higher raw material costs.
 

 
   
 
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