The Daily Star: Internet Edition Sun. June 04, 2006

Vol. 5 Num 717

Sun. June 04, 2006


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Business

Safta Implementation
Karachi chamber sees no headway
Karachi Chamber of Commerce and Industry (KCCI) sees no headway in South Asian Free Trade Area (Safta) agreement implementation in due time.

Poor governance, taka depreciation lead to price hike of essentials
Seminar told
Lack of good governance, high cost of doing business and depreciation of taka against dollar are the primary reasons behind the price hike of the essentials, speakers at a seminar said yesterday.

Bank deposit rate fails to protect real value: CPD
Bank deposit rate could not protect its real value as it still remained negative, according to Independent Review of Bangladesh's Development (IRBD), a series of reports carried out by the Centre forPolicy

Selected trends in Bangladesh economy in FY06
Prepared by Centre for Policy Dialogue (CPD)

India's aid package for Nepal high on agenda
India's economic aid package will be high on the agenda when Nepalese Prime Minister Girija Prasad Koirala holds talks with his Indian counterpart Manmohan Singh here early next week.

Malaysians look for joint ventures in Bangladesh
Malaysia looks for partners for joint venture projects in Bangladesh to produce auto parts, textiles and halal food items in buyback arrangements or for third country export.

African economic forum spins optimistic outlook
Encouraging economic growth, good prospects, and an attractive climate for investment: that is the picture the World Economic Forum in Africa has painted of the poorest continent as it seeks to boosta

US to forge future of European financial markets
The possible arrival of the New York Stock Exchange in Europe via the planned acquisition of Euronext strikes at the heart of ambitions to create a vast European financial market strong enough to challenge

Beximco Pharma raises £6.5m thru' further GDR issue in London
Beximco Pharmaceuticals Ltd (BPL) announced that it has raised 6.

Malaysian trade surplus down 25pc in April
Malaysia's trade surplus in April fell 25 percent to 7.21 billion ringgit (1.98 billion dollars), a sharp decline from 9.

Japan, Vietnam to launch free trade talks
Japan and Vietnam have agreed to open talks later this year to establish a free trade agreement (FTA), media reports said.

7th raffle draw of 'Coca-Cola Fun Island' programme held
The seventh raffle draw of 'Coca-Cola Fun Island' under the 'Crown Program 2006' was held yesterday in Dhaka under the aegis of Bangladesh Muktijoddha Kalyan Trust.