The Daily Star: Internet Edition Sat. May 21, 2005

Vol. 5 Num 348

Sat. May 21, 2005


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Business

China keen to finalise BMRE of KMP in jt commission meet
China wants to see the finalisation of BMRE project of Karnaphuli Paper Mills (KMP) during the 11th meeting of the China-Bangladesh Joint Commission on Economic and Trade Cooperation scheduled to be held

Fresh tax on silk yarn to hit local industries hard
Silk factory owners tell press conference
Rajshahi-based Bangladesh Silk Industry Owners' Association (BSIOA) urged the government not to impose fresh taxes on imported silk yarns in the upcoming budget in a bid to safeguard the country's traditional

Bangladeshi handicrafts show begins in Kathmandu
A five-day Bangladeshi handicrafts exhibition began at the Birendra International Convention Centre (BICC) in Kathmandu yesterday.

US, Europe should avoid restrictive trade: IMF
The United States and Europe should avoid enacting trade restrictions to keep out cheap Chinese textiles, IMF chief Rodrigo Rato said in an interview published Friday.

India, Australia to work on trade deal
Australia and India will begin work on a framework agreement to expand economic and commercial ties, Australian Trade Minister Mark Vaile and India's Minister for Commerce and Industry Kamal Nath said

China imposes export tariffs on textiles
China announced new tariffs on its surging textile exports yesterday in a concession aimed at easing a clash with the United States and Europe over Chinese goods flooding into their markets.