The Daily Star: Internet Edition Sun. February 05, 2006

Vol. 5 Num 601

Sun. February 05, 2006


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Business

Foreign aid dips 63pc in five months
Bangladesh's foreign aid dipped 63 percent in the first five months of the current fiscal year over the corresponding period of the last fiscal year due to slow implementation of project aid.

Bangladesh can use seaports to boost trade with Asean
Says ex-Filipino president Ramos
Former president of Philippines Fidel Valdez Ramos, who is visiting Dhaka, yesterday said Bangladesh can negotiate with Asean nations to boost its economy.

Regulatory body needed for microcredit activities
Says Muhammad Yunus
Microcredit pioneer Muhammad Yunus yesterday urged the government to enact a law and form a regulatory body to give the microcredit activities a formal shape.

KSA becomes China's largest oil provider
Saudi Arabia has become China's largest crude oil provider, largest trade partner and second largest export market in the regions of west Asia and Africa, Chinese Minister of Commerce Bo Xilai said here

S'pore plans to set up economic zone in India
Singapore is considering setting up a Special Economic Zone (SEZ) in India to help in augmenting FDI from the city state as the two countries on Wednesday agreed to work towards an Asian Economic Community,

China economy likely to slow slightly in '06
China's economic growth is likely to slow slightly as investment and exports lower their current breakneck speed, state media reported Friday.

3-day auto show from March 16
A three-day automobile exhibition styled 'Dhaka International Auto Show 2006' will begin at Bangladesh-China Friendship Centre on March 16.

Tourist arrivals to Nepal up by 14.6pc in Jan
Tourist arrivals to Nepal went up by 14.6 percent in January this year as compared to the same period last year.
The growth in tourist arrivals was supplemented by an increase of 31.

S Korea, US to launch free trade talks
The United States and South Korea agreed Thursday to launch talks for a major bilateral free trade agreement, which President George W. Bush said would expand America's engagement in Asia.