The Daily Star: Internet Edition Tue. May 15, 2007

Vol. 5 Num 1049

Tue. May 15, 2007


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Business

Delhi should allow FDI from Bangladesh
Says Indian minister
India must reconsider allowing foreign direct investment (FDI) from Bangladesh on case-by-case basis and examine the possibility of more imports from that country, Minister of State for Commerce Jairam

Terminal Handling Charge
Businesses now need not to pay to shipping agents, vessel operators
Exporters and importers from May 20 will not need to pay terminal handling charge (THC) or less than container load (LCL) charge to shipping agents, mainline operators and freight forwarders in case of

Tata proposal to be verified on finalisation of coal policy
BoI chief tells Dutch-Bangla chamber meet
On finalisation of the coal policy this month, the long-awaited Indian Tata's $3 billion investment proposal will be verified, said Nazrul Islam, executive chairman of Board of Investment (BoI), yesterday.

Asian Clearing Union board meet begins today
Bangladesh Bank is hosting the 36th meeting of the Board of Directors of Asian Clearing Union (ACU) beginning in Dhaka today for the second time in the last seven years.

BGMEA seeks extension of bond facilities
13-point demand placed to finance adviser
Bangladesh Garments Manufacturers and Exporter Association (BGMEA) has demanded extension of the time for bond facilities and release of cash incentives for the apparel sector in the upcoming budget.

Afghanistan keen to recruit manpower from Bangladesh
Afghanistan is interested to recruit manpower from Bangladesh to rebuild the war-ravaged country.

Iran seeks to restore magic to carpet business
Iran once flew high as the undisputed king of the world carpet industry but its magic is fading amid a rising challenge from Asian countries where labour is cheaper.

Etihad Airways' executive VP due today
Geert W Boven, executive vice president (Sales & Service) of Etihad Airways, is due in Dhaka today to attend the official opening ceremony of Etihad Airways Bangladesh's new office at Gulshan, says apress

Stress on gender sensitive budget
Speakers at a seminar yesterday urged the government to set up separate wings in ministries to give guidelines to develop gender sensitive budget.

Singer okays 35pc cash dividend
Singer Bangladesh Ltd has declared a 35 percent cash dividend for its shareholders for the year 2006.

Malaysia prefers foreign partner for Proton
Malaysia prefers a foreign partner for national carmaker Proton because experience and expertise in the latest automotive technology is a priority, a report said Monday.

China trade ties still a one-way street
Says Africa bank chief
Chinese investment in Africa remains a one-way street and Beijing must do more to ensure its money truly benefits the continent, the head of the African Development Bank said Monday.

Daimler, Chrysler dream wedding ends in divorce
Daimler ended a nine-year marriage with Chrysler and said goodbye Monday to one of the biggest-ever transatlantic mergers by agreeing to sell the loss-making US firm for just a fraction of its original

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