The Daily Star: Internet Edition Sat. March 04, 2006

Vol. 5 Num 627

Sat. March 04, 2006


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Business

Dhaka-Islamabad likely to start FTA talks
Pak minister due end March
Dhaka and Islamabad are likely to start negotiation on bilateral free trade agreement (FTA) soon as Pakistan Commerce Minister Humayun Akhtar Khan visits Bangladesh by the end of this month.

Tata to submit revised investment proposal this month
The Indian industrial giant Tata Group will submit its revised proposal, including the price of gas, within this month, sources at the Tata office here said.

BGMEA to take footage of noncompliant factories
Stung by the Chittagong factory fire, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has decided to shoot video footages of the noncompliant garment units across the country to take

Corporate governance to ensure more profitability
Confce told
Speakers at a conference said corporate governance will ensure more profitability for business houses.

Single country knit expo in Germany in May
A single country exposition of Bangladeshi knitwear products will be held in Germany in May, aiming to make the knitwear export base in the European country wider.

Two panels to contest BKMEA polls
The 'Knit Aikka Parishad' and the 'Shammilita Knit Forum' Thursday submitted their nomination papers for the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) polls scheduled for April

India, US to double trade in three years
India and US will double bilateral trade in three years by reducing trade and investment barriers and expand cooperation in agriculture.

US won't hesitate to take China trade disputes to WTO
Says US envoy
The United States will not hesitate to take China to the World Trade Organization (WTO), a US envoy said Friday, warning the Asian giant can no longer expect to evade global trade rules.

Joint venture RMG firm to invest $9.4 lakh in CEPZ
Britain, France and Bangladesh will set up a joint venture garments manufacturing plant in Chittagong Export Processing Zone (CEPZ). The company, M/s Thianis Apparels Ltd, will invest US$ 9.

Int'l confce on innovative sources of financing ends in Paris
A two-day international ministerial conference on innovative sources of financing (ISF) for development ended in Paris Wednesday with a call for a need for such innovative mechanisms, says a French embassy

Emerging nations to overtake G7 by 2050
China and other emerging economies will soon catch up or even overtake the leading western industrialised nations as the world's biggest economies by 2050, a study showed on Friday.

Dhaka-KL business forum held
Malaysia-Bangladesh (Construction Sector) business forum was held in Dhaka on Wednesday.

Australian trade deficit surges 135pc in Jan
Australia's monthly trade deficit surged 135 percent in January as exports slumped and imports continued to grow, according to data released Friday.

Weekly Currency Roundup
Feb 26-Mar 02, 2006
Local FX Market
Demand for US dollar was high in this week and USD remained bullish against Bangladeshi taka.