Vol. 5 Num 482 Mon. October 03, 2005    
 
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Business
 
Govt to go for faster reforms to get aid
PRSP finalisation, quick implementation of ADP schemes, public procurement law under urgent consideration
The government plans to expedite reforms in three major areas on priority basis to satisfy foreign donors for the release of committed credits.
 
Agrani Bank publishes list of top 35 borrowers
Bid to make activities transparent
Agrani Bank has published a list of its top 35 borrowers, both good and bad ones, with Bangladesh Petroleum Corporation securing the first position, in its annual report for 2004 issued last month.
 
Indian economy posts 8.1pc growth in Q1
Spurred by a robust performance of manufacturing and service sector output, India's $700-billion economy grew by 8.1 percent in April-June quarter this year, the fastest in a year.
 
Indonesian Q4 GDP to be hit by Bali bombings
Indonesia's economy will suffer a new blow in the fourth quarter after the Bali bombings, the country's planning minister said Sunday.
 
Air-India enjoys good business in Dhaka
Say officials
Air-India, which resumed operations in Bangladesh in June this year, now enjoys a good business, said airline officials.
 
Nissan aims to challenge Korea in US market
Japanese automaker Nissan plans to challenge the dominance of South Korean carmakers in the low end of the new-car business in the United States when it begins selling the new subcompact Versa next year.
 
StanChart opens 2nd branch at Gulshan
Standard Chartered Bank yesterday opened its second branch at Gulshan in Dhaka, says a press release.
 
Textile wars spark revival for 'Made in HK'
Hong Kong is booming as a quota-free garment re-export gateway that bypasses Chinese textile quotas as Beijing haggles over clothing trade with the European Union and the United States.
 
Chinese oil majors cast eyes abroad
China's oil majors are strengthening ties with foreign counterparts to tap domestic and overseas oil-gas reserves, in a move to meet the country's surging demand for energy.
 
Eurozone data likely to show recovery
Eurozone indicators to be released in the coming week are expected to confirm recent signals of a recovery in the manufacturing industry and mild improvements in the services sector, economists said.
 
Hyundai Motor to invest $1.2b in Czech plant
Hyundai Motor Co is set to invest 1 billion euros ($1.2 billion) in building a plant in the Czech Republic as part of its global expansion plan, Korea's largest automaker said in a press release Friday.
 

 
   
 
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