Volume 4 Number 273 Thu. March 04, 2004    
 
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Business
 
Default loans dip 15pc in 2003
The volume of default loans declined by 15 percent or Tk 3,643 crore in 2003 as a result of the banks' wary lending policy and writing off of bad loans.
 
Govt should persuade multinationals to float IPOs
Re-elected DSE president says
The government should persuade or force big multinational companies to float initial public offerings (IPOs) which only can rejuvenate the flagging capital market, said Ahmed Iqbal Hasan who was reelected
 
Set up agro-based industry to spur rural economy: Sircar
Speaker Barrister Muhammad Jamiruddin Sircar said rural economy would have to be augmented by setting up agro-based industry.
 
First ever Pak trade fair kicks off in Delhi
India opened Wednesday its first-ever trade fair of Pakistani goods amid thawing relations between the longtime foes but traders at the carnival spoke of backup plans if ties soured again.
 
Japan, China dismiss Greenspan warnings over forex reserve
Japan and China, which between them have amassed foreign reserves of more than one trillion dollars as they seek to manage their currencies, Wednesday dismissed warnings from US Fed chairman Alan Greenspan
 
Ahmed Iqbal Hasan re-elected DSE president
Ahmed Iqbal Hasan was re-elected president of the Dhaka Stock Exchange (DSE) yesterday.

Abdul Haque was re-elected senior vice-president and Mohammad Feroz Khan elected vice-president of the bourse.

 
Japan Housing corporate client of CityCell
Japan Housing Co Ltd has become corporate client of Pacific Bangladesh Telecom Limited (PBTL), owing company of CityCell.
 
StanChart holds workshop on L/C advice, transfer
Standard Chartered Bank organised a workshop for its customers of the Financial Institutions Department on "L/C Advising and Transfer: UCP Rules and Regula-tory Issues".
 
Europeans slam S Korea as top counterfeit exporter, consumer
European businessmen blasted South Korea Wednesday as one of the world's largest counterfeit exporting and consuming countries with Internet sites emerging as a major distribution channel.
 

 
   
 
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