Volume 4 Number 248 Fri. February 06, 2004    
 
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Business
 
Bailout package for 1996 stock bust victims
ICB account holders to get interest waiver
The Investment Corporation of Bangladesh (ICB) has decided to rehabilitate its investment account holders who incurred huge capital loss during the 1996 stock market crisis.
 
Global recovery robust, but jobs lagging
The huge US services sector surged to its best level in seven years in January and the European economic recovery is firmly underway, but jobs remain elusive for the millions out of work, surveys showed
 
Global free trade talks stir after hibernation
Global free trade talks are starting to stir after months of hibernation and envoys and analysts are quietly hopeful it will not prove a false spring.
 
China, India set to hit UN poverty reduction targets
Asian giants China and India are on track to meet UN poverty reduction targets, but other nations in the region are being left behind, a UN official warned here Thursday.
 
Bird flu to have least effect on Asian economies: UN
Avian flu is unlikely to have a major effect on the economies of Asia, unlike the outbreak of Severe Acute Respiratory Syndrome (Sars) last year, a UN official said Thursday.
 
Internet telephony set to slash call costs between India, US
The cost of telephone calls between India and the United States is set to plunge in the near future with the large-scale emergence of low-cost Internet telephony, a US official said Thursday.
 
$20m S Korean loan for rural electrification
South Korea will provide $ 20 million as loan to Bangladesh for the implementation of a project of the Rural Electrification Board (REB).
 
Rancon Motors wins best sales award
Rancon Motors Limited, general distributor of DaimlerChrysler in Bangladesh, has won the 'Best Sales Performance Award 2003' for its outstanding performance.
 
Citibank area head due today
Citibank Area Head for South Asia Sanjay Nayar is due in Dhaka today on a two-day visit to Bangladesh.

He is also the chief executive officer of Citibank, India.

 
G7 policymakers to tackle disputed currency policies
Top financial policymakers from the world's seven richest nations will meet this weekend in Florida only to confirm US, Japanese and European priorities on foreign exchange remain divided, analysts said.
 

 
   
 
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