The Daily Star: Internet Edition Mon. July 10, 2006

Vol. 5 Num 753

Mon. July 10, 2006


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Business

Safta success hinges on non-tariff barrier removal
Commerce minister tells Indian fabric show
Effectiveness of Safta (South Asia Free Trade Area) largely depends on removal of non-tariff barriers, Commerce Minister M Hafiz Uddin Ahmad said in Dhaka yesterday.

Islamabad braces for legal wrangle with Delhi over Safta
A day after India approached the Saarc Secretariat against Pakistan's decision to limit trade to a few items under South Asian Free Trade Area (Safta), Islamabad Friday indicated that it might move to

Europe for level playing field as China competition grows
As Chinese companies cut into their market share at home, European businesses are stepping up demands for China to open its own vast markets and ensure a level playing field with local firms.

GP introduces int'l MMS
GrameenPhone Ltd has introduced international MMS (mobile multimedia service) enabling all GP subscribers to send and receive MMS from subscribers of some selected foreign mobile phone operators.

Warid selects Motorola to deploy 2.5G GSM network in Bangladesh
Warid Telecom International has selected Motorola to deploy a new 2.5G GSM network in Bangladesh, says a press release.

Syeduzzaman becomes member of IRRI Board of Trustees
M Syeduzzaman, chairman of Bank Asia Ltd, has been appointed member of the Board of Trustees of International Rice Research Institute (IRRI) based in Manila, the Philippines.

Microentrepreneurship
Citigroup awards nomination submission date extended to July 23
The submission deadline for sending nominations for 'Citigroup Microentrepreneurship Awards' programme has now been extended to July 23, 2006.

ONE Bank chairman re-elected
Sayeed H Chowdhury has been re-elected chairman of ONE Bank Ltd for a one-year term with effect from June 29, 2006.

Asia going nuclear amid rising oil prices
Led by fast-growing China and India, Asia is going nuclear in a big way to feed its ravenous appetite for energy. The strains of economic growth are already showing.

EU to force cellphone operators to slash roaming charges
Despite a fierce lobbying campaign by the telecoms industry, the European Commission is poised to force operators to slash the cost of mobile phone calls while abroad, officials say.

G8 makes strides with debt relief, drags feet elsewhere
One year since leaders of the G8 countries declared their "Marshall Plan for Africa", aid groups have acknowledged the progress made with debt relief while highlighting shortcomings in other areas.

US team arrives in South Korea for FTA talks amid protests
US trade negotiator Wendy Cutler arrived Sunday in South Korea for new talks on striking a bilateral free trade pact and was met with immediate protests demanding an end to negotiations.