The Daily Star: Internet Edition Thu. July 14, 2005

Vol. 5 Num 402

Thu. July 14, 2005


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Business

Settlement of Int'l Business Dispute
Fund, expertise dearth takes toll on country
State minister tells roundtable
As foreign companies are well equipped with expert lawyers and Bangladesh has no such expertise in settling business disputes with foreign firms, the government is losing to foreign companies in eachand

Relax suppliers' credit rules to ease pressure on forex reserves
MCCI urges central bank
The Metropolitan Chamber of Commerce and Industry (MCCI) has urged the Bangladesh Bank to relax the existing regulations on suppliers' credit as it can help increase availability of such finance and reduce

SEC fines 4 officials of Saleh Carpet
The Securities and Exchange Commission (SEC) yesterday fined four top officials of Saleh Carpet Mills Ltd Tk 1 lakh each for not submitting the company's half-yearly financial statement that ended onJune

United City housing project launched
The United Group has launched a housing project, United City, on the outskirts of Dhaka.

The United Group launched the project to mark the 27th anniversary of the Group at a function in Dhaka onTuesday.

Interconnectivity
BTRC asks private cos to sign deals with Teletalk by July 23
The nagging call congestion between the state-run cellphone operator and private operators is likely to end by this month as BTRC yesterday directed private operators to sign interconnection agreements

Oil set to rise
High oil prices are here to stay in a world of uncertainty over tropical storms and geopolitical factors such as the London bombings, the International Energy Agency warned on Wednesday.