Volume 4 Number 338 Wed. May 12, 2004    
 
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Business
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Corruption, poor law and order retard FDI
Danish trade promotion seminar told
Corruption and poor law and order coupled with dearth of infrastructure and port facilities retard foreign investment in Bangladesh, speakers at a Danish trade promotion seminar observed in Dhaka yesterday.
 
SEC tightens rule of categorising cos
The companies that default on dividend disbursement have no chance to get promoted to higher categories as from the next month the upgradation will be made only after full disbursement of dividend within
 
Bangladesh, EC discuss post-MFA challenges
The European Commission and Bangladesh yesterday held fruitful discussions on challenges of the post-Multi-fibre Arrangement (MFA) era and the ways and means to evolve appropriate trade policy to overcome
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Nitol, Absco form jt venture to launch fixed line phone
OneTel to seek PSTN licence for operating in western zone
OneTel Communications Ltd, a joint venture between Nitol Group and Absco Limited, plans to launch fixed line telephone in the country's western zone.
 
EU move puts pressure on Japan in WTO: Malaysia
The European Union's decision to drop its demand for negotiations on global competition and investment rules puts pressure on Japan to follow suit, a top Malaysian official said Monday.
 
Three-star hotel opens in Sylhet
A three-star hotel -- Rainbow Guest House -- was opened in Sylhet on Friday.

Sylhet City Corporation Mayor Badaruddin Ahmed Kamran formally inaugurated the hotel on Sunamganj Road, says a press release.

 
Prices ease at Ctg tea sale
The weekly tea sale here yesterday witnessed a little more interest from the blenders, but international buyers were less forceful.
 
$17m spot orders received from Brussels seafood fair
Bangladeshi exhibitors in the recently held seafood exhibition in Belgium received $17 million worth of spot orders.
 
Singer signs deal with CDBL to de-mat paper shares
Singer Bangladesh Limited yesterday signed an agreement with the Central Depository Bangladesh Limited (CDBL) for de-matting its shares for settlement under Central Depository System (CDS).
 
Mongolian envoy calls on Altaf
Newly appointed Mongolian Ambassador to Bangladesh Jantsan Gulgou called on Commerce Minister Altaf Hossain Choudhury at the latter's office yesterday.
 
Fresh hopes seen for revival of trade talks
Developing and developed nations have neared consensus on several contentious trade issues giving fresh hopes for the relaunch of the Doha Round of global talks, Malaysian's trade minister said here Monday.
 
US, Malaysia sign Tifa to set pace for free trade deal
The United States and Malaysia signed an agreement Monday setting up a special forum to address trade issues, Washington's fifth such pact with export-driven Southeast Asian nations.
 

 
   
 
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