The Daily Star: Internet Edition Mon. April 04, 2005

Volume 5 Number 304

Mon. April 04, 2005


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Business

Remittance clocks 13pc growth in three quarters
March sees all-time high of $401m in a single month
Remittance saw a huge boost in March amounting to US$401 million, the all-time high in a single month.

BB fund for SMEs getting good response
SME fair kicks off today
Bangladesh Bank (BB) is receiving encouraging response both from financial institutions and donors to its small business refinancing fund introduced to offer small entrepreneurs easy access to loans.

DCCI Budget Proposal
Separate body needed to spur SME growth
Dhaka Chamber yesterday called for establishing a separate division under the Ministry of Industries with a view to boosting the development of small and medium enterprises (SMEs).

Failure to Hold AGMs, Submit Financial Statement
SEC fines 18 directors of 4 cos
Eighteen directors of four companies yesterday were fined Tk 100,000 each by the share-market watchdog as their companies failed to hold AGMs and submit financial statement.

Bangladesh, China air link opens May 12
Direct air-link between China and Bangladesh will be established on May 12, opening up another eastern vista for the country's friendship and economic co-operation, officials said.

Bangla-Danish firm launches e-marketplace for RMG today
A Bangla-Danish e-commerce company launches an internet-based e-marketplace today to facilitate the country's readymade garment (RMG) and textile sectors bringing local entrepreneurs close to European

Workshop on private sector development for govt officials
A two-day workshop on private sector development and policy reform issues for a group of government officials was launched in Dhaka on Saturday.

Office bearers of Atab
MA Muhaimin Saleh and Ghulam Mustafa have been re-elected president and secretary general of national executive committee of Association of Travel Agents of Bangladesh (Atab) for the year 2005-2007.

Pizza Hut '99 offer' continues
Pizza Hut's special offer of a personal pan pizza at Tk 99 continues to celebrate the Bangla New Year.
In the '99 offer', a personal pan pizza from the favorite's line may be ordered for only Tk 99.

Trade thru' Hili land port resumes
Export-import activities through Hili land port resumed Saturday after three days with the Indian Exporters and C&F Agents Association calling off the strike.

China, India seek jt efforts in global oil quest
Chinese Premier Wen Jiabao visits India this week with the race between the world's two most populous nations to secure the energy they need to fuel their growing economies likely to be on the agenda.

S Korea battles charges of anti-foreign investor bias
The South Korean government is on the defensive against charges that Asia's third largest economy is hostile to foreign investors, forcing them to step through a minefield of arbitrary legislation.

China bans poultry imports from N Korea
China said Saturday it will halt poultry imports from North Korea in a move to prevent a deadly outbreak of bird flu from spilling over the border into its provinces.