Vol. 5 Num 103 Sun. September 05, 2004    
 
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Offering immunity to WB to hurt country's interest
Politicians, academics, economists, lawyers say
Politicians, academics, economists and lawyers yesterday urged the government not to pass any bill in the parliament that will give immunity to the World Bank (WB).
 
Banks turn to 'unfair means' to dodge rules
A section of commercial banks are inventing ways of dodging Bangladesh Bank's stringent measures imposed on them trying to improve their management efficiency and thus reduce operational costs.
 
Trade through Benapole land port virtually stalls
Businesspeople blame Indian customs
Export-import trade through Benapole land port virtually stalled following strict measures taken by the Indian customs at Petrapol on the other side of the border, businesspeople said.
 
India for equal rich-poor relationship in WTO
Rich nations must acknowledge the basis realities of developing countries if the World Trade Organisation (WTO) is to move forward, Indian Commerce and Industry Minister Kamal Nath said Friday.
 
Southeast Asia moves closer to trade liberalisation
Southeast Asian countries on Friday completed talks on a "road map" for economic integration, bringing the region a step closer to creating a European-style single market covering 530 million people.
 
Apec ministers say China may cut yuan free from dollar
Apec finance ministers on Friday ended a two-day meeting here during which they got a concession from China that it might break the link between its currency, the yuan, and the US dollar.
 
Japan-Mexico free trade pact in mid Sept
Japanese Prime Minister Junichiro Koizumi will be in Mexico City September 17 to sign a Japan-Mexico free trade treaty, Mexican officials said Friday.
 
Form national committee on WTO: ActionAid
ActionAid, an international NGO, yesterday suggested forming a National Committee on WTO to effectively take part in future trade negotiations with a view to protect the interest of least developed countries
 
StanChart starts ATM services in Narayanganj
Standard Chartered Bank has launched its ATM (automated teller machine) services in Narayanganj recently.
 
New MD of Union Ins
Syed Shahriyar Ahsan has joined the Union Insurance Company Limited as its new managing director.
 
‘Germany may go bankrupt Sans reforms’
Finance Minister Hans Eichel said Saturday Germany would go bankrupt if the government's reforms are stopped.
 
US still presses China on piracy, trade gap
The United States is still looking for proof that China is serious about a promised crackdown on illegal copying of billions of dollars of US goods, a top Commerce Depart-ment official said Friday.
 
Indian PM sees no slowdown in economic growth
There are no signs that the Indian economy is slowing down, despite concerns over a patchy monsoon and rising inflation, Prime Minister Manmohan Singh said Saturday.
 
Opec mulling 28-30 dollar price band
Opec is considering raising its price band to between 28 and 30 dollars a barrel, Qatar's energy minister said in comments published Saturday, ahead of a crucial meeting of the cartel.
 
Software maker PeopleSoft to hire Indian professionals
US business software maker PeopleSoft Inc. announced Friday that it would hire 640 professionals in India by the end of the year to boost its global research and development.
 

 
   
 
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