Vol. 5 Num 154 Tue. October 26, 2004       Home  News Today's Index Front Page Business Sports Point-counterpoint Metropolitan National International Culture General Views Editorial Letters to Editor Write to Editor Sections Others About Us Contact Advertisement Supplements Archives Business   CityCell targets 27 lakh subscriber base by '05 CityCell plans to increase its subscriber base from 2.75 lakh to 27 lakh (2.7 million) by next year (2005) through an aggressive marketing strategy, a senior official said yesterday.   Joint programme to raise output of spices, pulses In a bid to reduce dependency on imports, Bangladesh Krishi Bank and Department of Agriculture Extension (DAE) have jointly undertaken a two-year programme to increase local production of pulses, oilseeds   Global trade to grow 8.5pc despite oil price hike: WTO The volume of world trade is set to grow by 8.5 percent in real terms in 2004 despite the impact of rising oil prices on the world economy, the World Trade Organisation said Monday.   EU bid to catch US economy ‘a big failure': Prodi Europe's efforts to catch up to and then outpace the US economy have been "a big failure," the outgoing head of the European Union executive commission, Romano Prodi, told the Financial Times in an interview   S'pore economy on track, oil may impact next year Singapore's economy remains on track to grow by between 8 and 9 per cent this year as forecast, but next year's growth could be hit if oil prices remain at the current high level, Trade and Industry Minister   EU to lift trade sanctions against US amid lingering doubts The EU commission acted to ease trade tensions with the United States, saying it would lift sanctions after US President George W Bush approved a repeal of illegal corporate tax breaks.   Strong domestic sales prompt Toyota to plan for new plant Japan's top carmaker and the world number two Toyota Motor said Monday it is reviewing domestic production in light of strong sales while reports said it will build a large engine plant in southern Japan.   Citigroup to close trust bank unit in Japan Citigroup Inc.   Tiger Airways boss confirms resignation Tiger Airways boss Patrick Gan, in confirming he is leaving the budget airline, said in published remarks Saturday that the decision did not stem from problems with the board of directors.   New MD of Southeast Bank Neaz Ahmed has been appointed president and managing director of Southeast Bank Limited with effect from Thursday.   Reliance Ind Q2 profit up 39pc Reliance Industries Ltd, the petrochemical flagship of India's largest private sector company, said Monday second quarter net profit jumped 39 percent against a backdrop of surging oil product prices.   Proton to sign assembly deal with Volkswagen this week Malaysia's national carmaker Proton is expected to sign a deal this week to assemble cars for Volkswagen AG in a tie-up that would boost the German giant's presence in Southeast Asia's fast-growing auto     Advertisement