Volume 5 Number 30 Fri. June 25, 2004    
 
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Business
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BKMEA seeks govt support to face post-MFA era
Demands emergency WTO meeting on the issue
Knitwear manufacturers have urged the government to pressurise the international lobby for calling an emergency meeting of the WTO (World Trade Organisation) to find out solutions to face the challenges
 
Leasing firms want tax rebate similar to banks
Lease financing institutions have demanded two percent tax rebate facility similar to banks arguing that banks enjoy such facility in provisioning their bad debts although the banks and leasing companies
 
Mahathir eyes common trading currency to spur business in Asia
Mahathir Mohamad, Malaysia's charismatic leader, said he would like to see a common trading currency in Asia to spur business and investment in the continent.
 
Bada against increase in suppl duty on cars
Bangladesh Automobiles Distributors Association (Bada) has urged the government to re-fix the supplementary duties proposed in the national budget for FY 2004-05 on the import of new vehicles.
 
Iajuddin seeks increased investment from Canada
President Iajuddin yesterday said there is ample scope for more Canadian investment in Bangladesh and diversification of trade between the two countries.
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Citibank NA holds workshop on online banking platform
Citibank NA Bangladesh organised a workshop on "CitiDirect -- Truly Global Online Banking Platform", one of the most important platforms for all global leaders in business, yesterday in Dhaka.
 
Janata Bank’s new loan scheme for shop owners
Shop owners now can enjoy collateral-free loans up to Tk 3 lakh and with collateral up to Tk 25 lakh from Janata Bank, as the nationalised commercial bank has introduced a new scheme under its small business
 
StanChart, BGMEA hold seminar
Standard Chartered Bank and Bangladesh Garment Manufacturers & Exporters Association (BGMEA) jointly organised a seminar titled 'Global Economic Outlook: Challenges & Prospects for the RMG Sector' inDhaka
 
Bata declares 105pc cash dividend
Bata Shoe Company (Bangladesh) Limited has declared a 105 percent cash dividend for the shareholders for the year 2003.

Of the declared dividend, 26.25 percent is final dividend, 52.

 
Qatar Airways may introduce regular flight to Australia soon
A delegation of Qatar Airways including Chairman of Qatar Tourism Authority and the airline’s CEO Akbar Al Baker and General Manager (Finance and Administration) Richard Forson on Tuesday travelled to
 
Deal signed to set up sweater factory in Comilla EPZ
A Hong Kong-Mauritius joint venture yarn dyeing and sweater manufacturing industry will be set up in Comilla Export Processing Zone involving US$ 5.77 million investment.
 
Poor countries urged to unite for EU trade talks
Poor countries must press the European Union for group trade benefits and not allow themselves to be divided in economic negotiations, a group of African, Caribbean and Pacific (ACP) leaders heard Wednesday.
 
IMF approves $252.6m soft loan to Pakistan
The IMF said Wednesday it has approved 252.6 million dollars to Pakistan as part of a poverty busting loan facility after finding the country's economic performance satisfactory.
 

 
   
 
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