Volume 4 Number 314 Fri. April 16, 2004    
 
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Business
 
BTMA seeks 10-yr textile policy, cash incentive
Texbangla 2004 concludes
Textile mill owners yesterday urged the government to formulate a 10-year policy for the development of textile sector and ensuring its competitiveness in global market.
 
Textile quota unlikely to stretch beyond 2004
WTO official says
The quota regime in global textile trade is unlikely to extend beyond December this year despite efforts by some industries in developed countries to do so, World Trade Organisation (WTO) Deputy Director
 
Cut import duty on raw materials
Plastic goods manufacturers ask govt
Plastic goods manufacturers and exporters have urged the government to reduce import duty on raw materials and impose supplementary duty on the import of finished products in the next financial year's
 
Submarine cable link to boost ICT sector
ICT minister says at internet fair launch
Science and Information and Communication Technology (ICT) Minister Abdul Moyeen Khan yesterday said Bangladesh's joining of submarine cable consortium would boost country's ICT sector.
 
Share prices fall on both bourses
After a bullish streak of seven trading days, share prices fell yesterday on the country's two stock exchanges.

Dhaka Stock Exchange (DSE) General Index lost 11.72 points or 1.

 
Winners of CityCell free phone draw
Citycell has announced the results of its raffle draw organised on the occasion of the Independence Day 2004. A total of 33 customers have won free CityCell phones, says a press release.
 
Customers of Electra Int’l to get Dhaka Bank credit
Dhaka Bank Limited recently signed a memorandum of understanding (MoU) with Electra International Limited to run a month-long campaign 'Baishakhi Offer.
 
New MD of Sadharan Bima Corporation
Md Sirajul Islam, additional secretary of the Ministry of Commerce, joined Sadharan Bima Corporation as managing director on Monday. This will be his additional responsibility, says a press release.
 
Rangs, HSBC seal deal on interest free car loan
Rangs Limited, the sole distributor of Mitsubishi Motors in Bangladesh, and The Hongkong and Shanghai Banking Corporation Limited (HSBC), Bangladesh signed a memorandum of understanding (MoU) to provide
 
Citigroup Q1 net income rises 29pc
The net income of Citigroup, owning company of Citibank NA, recorded a 29 percent increase during the first three months of this year over the first quarter of 2003.

The amount stood at $5.

 
First-ever Japan trade fair in Dhaka in June
The first-ever single country trade fair of Japan will be held in Dhaka on June 8.
 
Prime Bank to extend loan to Otobi customers
Prime Bank Limited will provide credit facilities to the customers of Otobi Limited to buy furniture under the bank's consumer credit scheme.
 
Central banks unveil structure for second Asian Bond Fund
Asian central banks Thursday unveiled the initial structure of a planned second Asian Bond Fund (ABF) to invest in debt securities denominated in local currencies as part of efforts to boost regionalfinancial
 

 
   
 
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