The Daily Star: Internet Edition Thu. December 01, 2005

Vol. 5 Num 538

Thu. December 01, 2005


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Business

WB board today decides $200m development loan tranche
A World Bank (WB) Executive Board meeting today will decide whether or not to approve the $200 million third tranche of Development Support Credit (DSC) to Bangladesh.

India may join Asean free trade area: Manmohan
After free trade agreements with Saarc, Singapore and Thailand, India is likely to join Asean free trade area, which could lead to a major FTA in Asia, Prime Minister Manmohan Singh has said.

Craft goods makers need help to explore export market
Renowned home textile and craft products maker Gautam Saha, CEO of Sristy Hometex Ltd, talks to The Daily Star on the prospects and problems of the craft industry in Bangladesh.

Thousands of CVs puzzle bdjobs.com at IT job fair
During the SoftExpo2005, bdjobs.com, the largest online job site of the country, could not cope with the number of CVs submitted, frustrating employers and employees.

G7 states to meet to salute Greenspan, discuss trade
Finance ministers and central bank governors from the Group of Seven (G7) industrialised countries gather in London later this week for an extraordinary meeting to say goodbye to outgoing US Federal Reserve

12 business houses get Best IT Use Award
A total of 12 business houses have received Bangladesh Best IT Use -2005 Award yesterday for their contribution to the IT sector using local software.

US, Pakistan to step up talks on bilateral investment pact
The United States and Pakistan agreed Tuesday to strive harder to forge a bilateral investment pact that could set the stage for negotiations to establish a free trade agreement.

Indian economy grows 8pc in Q2
India's economy expanded by 8.0 percent in the second quarter of the financial year, driven by a strong manufacturing and services sector, government data showed Wednesday.

Thai economy seen up 5pc in 2006
Thailand's economy is likely to expand by 5.0 percent next year, supported by strong exports, improving tourism and falling global oil prices, the finance ministry said Wednesday.

Trade talks must salvage development deal
WTO ministerial host says
The chairman of upcoming international trade talks in Hong Kong has called on world leaders to salvage at least a development deal for poor countries even though a wider trade agreement is looking unlikely.

Gold down sharply in Asian trade
Gold prices were down sharply in Asian trade Wednesday, giving up near 20-year highs as profit-takers moved in after the precious metal rose above the 500 US dollar mark, dealers said.