Volume 4 Number 161 Tue. November 04, 2003       Advertise with The Daily Star -- Advertising on the Website    Advertising in the Printed E dition-- Home  News Today's Index Front Page Business Political Sports Foreign Relations Metropolitan National International Culture General Views Editorial Letters to Editor Write to Editor Sections Others About Us Contact Advertisement Suppliments Archives Business   RMG exports to Canada to double next year Exporters hope as single country apparel fair gets huge response Boosted by the first ever single country apparel fair held last week in Canada, Bangladesh's ready made garment (RMG) exports to the north American country will double next year, exporters hope.   Nishat Jute Mills set to resume production Mill to be handed over to Hameem Group Thursday Nishat Jute Mills Limited, a state-run enterprise which was closed last year in the face of huge losses, will come to life again in three months under private ownership.   Govt fixes target for rice procurement in FY04 The cabinet yesterday at its weekly meeting fixed target and price of rice procurement for the coming Aman season, according to a handout.   BGMEA team meets NU vice chancellor A delegation of Bangladesh Garment Manufacturers & Exporters Association (BGMEA) led by its Acting President SM Nurul Hoque paid a courtesy call on National University Vice-chancellor Professor AftabAhmed   Repo auction The reverse Repo auction of Bangladesh Bank for commercial banks and financial institutions was held here yesterday.   US envoy meets finance minister US Ambassador Harry K Thomas Jr called on Finance Minister Saifur Rahman here yesterday and discussed issues that they would not disclose right now.   Jet Airways becomes Mercator's customer Jet Airways, India's largest private domestic airline, has become a customer of Mercator, the Dubai-based Emirates Group IT division, to select revenue accounting and frequent flyer solutions from the   Opec to curtail oil output again if necessary Opec President Abdullah al-Attiyah said Sunday the cartel would curtail supplies again at a December meeting if producers felt action was needed to ensure a normal winter stockdraw.   China's growth no threat but an opportunity for Asia China's rise as an economic giant is not a threat to the rest of Asia but will present opportunities for its neighbours to grow, Chinese and foreign officials said Monday.   Global outsourcing industry to touch trillion-dollar in 4 yrs The global outsourcing industry will consolidate leaving behind a few large players in a market expected to touch a trillion dollars within four years, an industry monitor said Monday.   Global recovery hinges heavily on US: IMF The global economy is showing stronger signs of recovery, but over-dependence on the United States is a major risk, the managing director of the International Monetary Fund, Horst Koehler, said Monday.   TCL, Thomson to form top TV maker French electronics maker Thomson SA and China's TCL International Holdings said on Monday they would combine their TV and DVD businesses to create the world's biggest television maker.     Advertisement