The Daily Star: Internet Edition Mon. August 01, 2005

Vol. 5 Num 420

Mon. August 01, 2005


News
Today's Index
Front Page
Business
Sports
Point-counterpoint
Metropolitan
National
International
Culture


Views
Editorial
Letters to Editor
Write to Editor


Sections


Others
About Us
Contact
Advertisement
Supplements
Archives

Business

Strong SEC can make code for corporate governance
Suggestion comes as int'l confce ends
Securities and Exchange Commission should be strengthened so that it can devise a code for corporate governance, participants recommended yesterday at an international conference on corporate governance.

ICB announces dividends on eight mutual funds
Shareholders of First Mutual Fund to receive 210pc dividend
The Investment Corporation of Bangladesh (ICB) yesterday announced dividends on its eight mutual funds and also on an unit fund for the year 2004-05.

Corporate governance code of conduct on cards
Says law minister
The government will soon formulate a code of conduct for corporate governance, law, justice and parliamentary affairs minister said yesterday.

Banglalink launches Upper Class package
Banglalink yesterday announced the launch of a new package, "Upper Class", for its post- paid subscribers.

FBCCI Polls
Hearing at arbitration board not held
The hearing of nine business leaders, who appealed to the FBCCI arbitration board for submitting their nomination papers afresh for contesting the country's apex trade body's upcoming polls, was not held

2 taskforces to be formed for social compliance in RMG sector
Two task forces will be formed soon to ensure implementation of different aspects of social compliance issue in the RMG sector.

Rato's IMF leadership under fire
International Monetary Fund managing director Rodrigo Rato is coming under fire from critics who think he is not up to the job he has held for the past 13 months.

New president of Employers' Federation
Syed Manzur Elahi has been elected the new president of Bangladesh Employers' Federation (BEF) for two years from 2005 to 2007.

Quarterly economic update of ADB

WTO faces credibility test as Hong Kong summit looms
As the World Trade Organisation struggles to break down more global trade barriers with a key summit just five months away, the global body faces a major test of its credibility.

StanChart, Alico sign MoU
Standard Chartered Bank signed a memorandum of understanding (MoU) with American Life Insurance Company (Alico) in Dhaka on Wednesday.

Malaysia hikes fuel prices
Malaysia raised the price of petrol by 6.6 percent and diesel by 18.5 percent from Sunday after it said it was committed to cutting fuel subsidies to free up funds for development projects.