The Daily Star: Internet Edition Wed. September 06, 2006

Vol. 5 Num 811

Wed. September 06, 2006


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Business

WTO Brazil Meet
Tokyo to support Dhaka's duty-free access demand
Japan has assured Bangladesh of its support in getting duty-free access of its products to the global market in the coming WTO meeting to be held in Brazil this month.

Cross border trade of power can help mitigate crisis
BUP roundtable told
Speakers at a roundtable yesterday observed that cross border power trade can help mitigate the power shortage the people of country's bordering areas as well as the whole population are now faced with.

Farmers get low prices of products, admits Saifur
Finance Minister M Saifur Rahman yesterday admitted that the country's farmers are getting lower prices of their farm products compared to the selling prices in urban areas and that is the common phenomenon

India lifts duties on wheat imports
Indian government has thrown open the door for private sector wheat imports withdrawing the five per cent customs duty on the commodity in a bid to bring down rising prices of wheat in domestic market.

Italy can help local fashion design industry grow: Envoy
Italian fashion show tonight
Italy, being the superpower in fashion, can help Bangladesh's fashion design industry grow, Italian Ambassador in Dhaka Pietro Ballero said yesterday.

Etihad launches guest reward programme
Etihad Airways, the national carrier of the United Arab Emirates, officially launched yesterday its guest reward programme in Bangladesh in a bid to provide instant reward to the passengers of the airline.

Citibank arranges funding against Brac receivables securitisation
Citibank NA along with FMO of the Netherlands, Pubali Bank Limited and The City Bank Limited yesterday invested Tk 1.

Village Phones cross 250,000 subscriber mark
The internationally acclaimed Village Phone Program, a joint initiative of GrameenPhone Ltd and Grameen Telecom to provide universal access to mobile phone services in rural areas, has recently crossed

Chairman of Rupali Ins re-elected
Mostafa Golam Quddus has been re-elected chairman of Rupali Insurance Company Ltd, says a press release.

Revival of WTO Talks
China seeks concessions from rich nations
China has urged rich nations to make more concessions to revive stalled World Trade Organization (WTO) negotiations during talks with WTO head Pascal Lamy, the commerce ministry said Tuesday.

Video contents on CityCell phones
CityCell, Impress TeleFilm Limited (Channel-i), and System Solutions & Development Technologies Limited (SSD Tech) have signed an agreement to provide video contents through V.

Oil prices mixed
World oil prices moved in different directions on Tuesday when trading was resumed in New York crude. New York's main contract, light sweet crude for delivery in October, tumbled 83 cents to 68.