Vol. 5 Num 400 Tue. July 12, 2005    
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Expedite licensing process for private EPZ
BEI roundtable urges govt
Coming down heavily on the authorities for dilly-dallying awarding licence to the country's biggest private export processing zone (EPZ), speakers at a roundtable yesterday urged the government to expedite
Agrani Bank to launch remittance company in Malaysia next month
Agrani Bank is going to set up a money exchange company in Malaysia next month to facilitate hassle-free remittance by Bangladeshi nationals there.
Poor infrastructure, political wrangling stymie FDI flow
Poor infrastructure, bureaucratic complexities and confrontational politics are main hindrances to foreign direct investment (FDI) in the country, speakers at a roundtable said yesterday.
Wrong policy, graft cripple jute sector
Roundtable observes
Wrong policy, corruption and management inefficiency have left the country's jute sector on the verge of ruin, speakers told a roundtable in Dhaka yesterday.
SC stays HC order imposing injunction on RCCI functions
The Supreme Court yesterday stayed for two weeks a High Court order that imposed injunction on the functioning of 18 elected directors of the Rajshahi Chamber of Commerce and Industries (RCCI).
Asia's loan volume up 17pc
Loan volume for Asia excluding Japan rose more than 17 percent in the first half of 2005 over the same period last year, debt market news service Basis Point said.
Indian bank in talks to buy Bangladeshi bank
India's Punjab National Bank (PNB) is set to acquire management stake of a bank in Bangladesh, the PNB indicated at a press briefing in Kolkata on Saturday.
Oil prices calm
World oil prices fell by more than a dollar on Monday after American facilities in the Gulf of Mexico escaped the impact of Hurricane Dennis, which wreaked havoc in the United States, dealers said.
New chairman of Green Delta Ins
AZ Mohammad Hossain has been made chairman of Green Delta Insurance Co Ltd.
The Board of Directors of the company in a meeting recently in Dhaka elected him chairman, says a press release.

China, US open annual trade talks with deal expected
China and the United States opened annual high-level trade talks Monday with an agreement expected on a wide range of thorny issues including intellectual property, aviation and petrochemicals, officials
Singapore low-cost airline rivals call off merger talks
Jetstar Asia said Monday it had reluctantly called off talks with rival Singapore-based budget carrier Valuair, less than two weeks after announcing the airlines had begun merger negotiations.

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