The Daily Star: Internet Edition Sun. September 04, 2005

Vol. 5 Num 454

Sun. September 04, 2005


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Business

ICC-B to host regional seminar on stock market
Move to share Asian experiences in financial crisis
Capital market experts from across Asia will gather in Dhaka late this month for a two-day regional seminar to discuss ways to identify areas of mutual co-operation to pre-empt any repeat of the Asian

IMF team meets NBR to review reforms today
The visiting six-member mission of the International Monetary Fund (IMF) will sit today with the National Board of Revenue (NBR) to talk on the ongoing reforms under the board.

Diversified jute products eye market on eco-concern
Diversified jute products can find a huge market at home and abroad in the wake of growing concern for the environment across the world, speakers said at a function in Dhaka yesterday.

Grameen One's debut on bourses today
Grameen One, the first scheme of the Grameen Mutual Fund One, is going to be listed on the country's two stock exchanges today.

Asia growth robust but oil a worry: ADB
Asian economic growth will remain strong this year, boosted by China and India, but expensive oil could slow regional activity from next year, the president of the Asian Development Bank (ADB) said Friday.

Banglalink launches new package for women
Mobile phone operator Banglalink yesterday launched a new prepaid mobile-to-mobile phone package styled 'ladies, first!' especially for women customers.

Japan trade fair on Sept 8
Japan Bangladesh Chamber of Commerce and Industry (JBCCI) is organising Japan Trade Fair-2005 at Dhaka Sheraton Hotel on September 8.

7-day Vietnam Food Festival from Sept 8
With a view to giving a savory taste of Vietnamese cuisine to the local food connoisseurs, Hotel Sonargaon is going to organise a seven-day Vietnam Food Festival in Dhaka from September 8-14.

China president hopes to ease trade frictions on US visit
Chinese President Hu Jintao heads to the United States next week hoping to patch up economic ties strained by spats over China's ballooning trade surplus, currency policy and surging textile shipments.

India to roll out job plan for rural poor
India is launching a massive job guarantee scheme to support millions of rural poor which economists say could strain federal finances and send billions of dollars down a black hole of corruption.

Myanmar inks deal with China for power equipment
Myanmar has signed a 45.8-million-dollar deal to buy equipment from China for the construction of a giant hydro power project, a state-run newspaper reported Saturday.

Asian economies must not rely on China, India: UN
Asian countries must stop relying on imports by rising giants China and India, the United Nations said Friday.

Asia telecoms firms look beyond borders
Asia's top telecoms firms are casting their eyes overseas for acquisitions to drive new growth as their home markets reach saturation, but investors fret the increased competition may hit margins andpile

China firmly opposed to US textile curbs
China firmly opposes a US decision to curb imports of two categories of Chinese textiles, the official Xinhua News Agency said Friday.

Phoenix Leasing, Mercantile Bank sign Tk 166m lease agreement
Phoenix Leasing Company Ltd has recently signed a lease finance agreement for Tk 166 million with Mercantile Bank Ltd.