The Daily Star: Internet Edition Sun. April 04, 2004

Volume 4 Number 303

Sun. April 04, 2004


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Business

FBCCI seeks govt guidelines on corporate governance
The apex trade body yesterday sought guidelines from the government to ensure good business practices in both the public and private sectors.

Prices of 42pc securities fall below face value
Prices of 42 percent securities have gone down below their face value, which the market analysts believe reflection of a dismal state of the secondary market.

Quota-free Global Textile Trade
Developing nations talk common stance tomorrow
Against the backdrop of the scheduled onset of quota-free global textile trade next year, a four-day meeting of officials of developing countries begins here tomorrow to discuss among other things the

Ecnec okays six projects worth Tk 621cr
The Executive Committee on National Economic Council (Ecnec) yesterday approved six projects involving Tk 621 crore.

Sun, Microsoft settle, take aim at Linux
Computer industry titans Sun Microsystems Inc and Microsoft Corp on Friday settled their bitter antitrust battles, letting the former rivals form a common front against the increasingly popular Linuxoperating

EU set to delay IMF decision, despite critics grumbling
EU finance ministers seemed set Saturday to put off a decision on their choice to head the IMF amid grumblings from other countries fed up with European horse-trading.

Executives of int'l container Shipping assoc
Per Heisselberg of Maersk Bangla-desh has been elected chairman of the newly formed International Container Shipping Association (ICSA), a body of Bangladesh shipping agents of container shipping lines.

Aktel introduces 7-digit number
Aktel has introduced 7-digit number. Phone users will have to dial 9 after the access code, 018, to get connected with any Aktel subscribers from today.

Siemens launches new mobile set
Siemens has launched a new mobile phone set in the local market recently.

Dutch-Bangla Bank Foundation awards scholarship
Dutch-Bangla Bank Foundation has awarded a scholarship of Tk 1.50 lakh to a meritorious student of East West University.

New chairman of UCBL
MA Sabur has been unanimously elected chairman of the United Commercial Bank Limited (UCBL).

Prior to his present position, he was the vice-chairman of the bank, says a press release.

EU recovery to accelerate, growth forecast lowered
The 12-nation eurozone's economic recovery should accelerate this year, finance ministers said Friday, while the European Commission indicated growth could be less robust than expected.