Vol. 5 Num 330 Tue. May 03, 2005    
 
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Business
 
Share prices plummet
Indices shed over 100 points; small investors stage demonstrations
Share prices on both bourses yesterday slumped heavily, over 100 points on average, prompting small investors to stage demonstrations in Dhaka.
 
Banking sector reforms to continue: New BB governor
The newly appointed Bangladesh Bank Governor Dr Salehuddin Ahmed yesterday praised the banking sector reforms introduced by his predecessor and said he will carry on the reform programmes.
 
Remove non-tariff barriers to curb informal trade
Indian economist urges Indo-Bangla govts
An Indian economist has urged the governments of Bangladesh and India to take initiatives to remove existing non-tariff barriers to curb informal trade between the two countries.
 
Dhaka to get duty-free access to US this year
Hopes Altaf
Commerce Minister Altaf Hossain Choudhury yesterday expressed hope that Bangladesh will get duty-free access to US market by the end of this year as a bill seeking the facility was moved in the US Congress.
 
Vanik Bangladesh now LankaBangla Finance
Vanik Bangladesh Limited, a multi-product joint venture merchant banker, has changed its name to LankaBangla Finance Limited.
 
BGIC declares 20pc bonus share
Bangladesh General Insurance Company (BGIC) Ltd has declared a 20 percent bonus share as dividend for its shareholders.
 
Ministers to meet in Paris to avert crisis in free trade talks
Trade ministers from rich and developing countries meet in Paris this week under pressure to avert a crisis in world free trade talks.
 
Holcim posts 67.3pc net profit rise in Q1
Switzerland's Holcim, one of the world's largest cement groups, on Monday announced a 67.3 percent increase in its first quarter net profit despite a sluggish winter in the European construction sector.
 

 
   
 
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