The Daily Star: Internet Edition Wed. December 14, 2005

Vol. 5 Num 551

Wed. December 14, 2005


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Business

GDP growth to exceed 7pc, says Saifur
Finance and Planning Minister M Saifur Rahman yesterday predicted a 7 percent GDP growth in the current fiscal year despite the central bank's forecast of a 6.3 to 6.8 percent growth.

Liberalising World Farm Trade
Food-importing nations to submit new proposals
A group of 10 major food-importing nations will submit new proposals on liberalizing world farm trade, ministers said Tuesday.

Certification for Exportable Goods
Indians find Bangladesh labs almost equipped
Indian experts have found that Bangladesh's testing laboratories are almost equipped to certify goods meant for export to India.

EU, US push aid to help poor states' trade capacity
With trade talks mired in a stalemate, the United States and EU on Tuesday sought to highlight a positive initiative by urging trading partners to help the world's poorest nations with money to strengthen

Forex dealers to keep dollar within Tk 67
Bangladesh Foreign Exchange Dealers' Association (BFEDA) yesterday decided to keep the dollar price within Tk 67 in case of payment of import bill.

Sino-Bangla road link needed
Chinese team says
A visiting Chinese business delegation here yesterday called for efforts by businesspeople to develop road communication between Bangladesh and China.

India says EU must move on farm trade
The World Trade Organisation meeting must make progress on removing inequalities of the global trading system, chief among them agriculture, Indian Commerce Minister Kamal Nath said Tuesday.

African cotton issue must be addressed: G-20
The World Trade Organisation talks here must come up with a firm commitment to help African cotton producers, who count as some of the poorest countries on earth, the Group of 20 said Tuesday.

ROK farmers, celebrities kick off protests
South Korean farmers wearing red bandanas punched their fists in the air and Mexican actor Gael Garcia Bernal kicked out world leaders dumping corn, rice and other farm goods on developing countries

Ecnec okays13 projects of Tk 3,447cr
The Executive Committee of National Economic Council (Ecnec) has approved 13 revised uplift projects with an outlay of Tk 3,447 crore, including foreign aid component of Tk 1,823 crore.

Sylhet chamber elects six directors today
Election to 6 posts of director of Sylhet Chamber of Commerce & Industry (SCCI) will be held today.
Twelve candidates from two panels are in the polls fray.

Nestle hopes Tk 265cr annual turnover
Nestle Bangladesh Limited, a leader in consumer food item, hopes its annual turnover in its Bangladesh operation will reach Tk 265 crore in 2005.

Tourism fair from Thursday
A four-day 'Bangladesh Tourism Fair 2005' will begin at Sher-e-Bangla Nagar in Dhaka from Thursday.

SEC warns two firms
The Securities and Exchange Commission (SEC) yesterday issued warning letters to Meghna Shrimp Culture Limited and Pharmaco International Limited, their directors and company secretaries for violation

ROK, Asean sign deal on FTA
South Korea and Southeast Asia signed an accord Tuesday that calls for completing negotiations by the end of 2006 on freeing up trade, though a major hurdle remains over a rice import dispute with Thailand.