Volume 5 Number 50 Thu. July 15, 2004       Home  News Today's Index Front Page Business Sports Point-counterpoint Metropolitan National International Culture General Views Editorial Letters to Editor Write to Editor Sections Others About Us Contact Advertisement Supplements Archives Business Apply for GSP derogation to qualify for EU market Garment exporters ask govt Garment exporters yesterday said Bangladesh should apply to the European Union (EU) for getting GSP (generalised system of preferences) derogation, although little time is left.   Exports cross11-month target despite dull US market The country's export earning crossed the target for July-May period of FY2003-04 by one percent despite the fact that earnings from the US, the single largest importing country of Bangladeshi products,   Curtail discretionary power of tax officials MCCI asks govt suggesting gradual privatisation of revenue collection The Metropolitan Chamber of Commerce and Industry (MCCI) has urged the government to curtail discretionary power of tax officials to protect taxpayers from harassment and check corruption in tax administration.   Abacus eyes larger slice of local air travel market Abacus, a distribution solution company for airlines and travel agencies, aims to double its share in the growing air travel market in Bangladesh, a top official of the company has said.   Ctg businesspeople observe token strike Protest VAT officials’ power to arrest evaders Transactions at all shopping malls and other roadside shops in Chittagong city came to a standstill for two hours yesterday as the business community went to an unprecedented token strike, protestingwhat   New look Parachute oil hits local market Parachute brand coconut oil is now available in new packs.   Bashundhara Tissue products to be exported to Nepal Tissue and sanitary napkin of Bashundhara Tissue Industries Limited, an enterprise of Bashundhara Group, will be exported to Nepal.   Amex TRS signs MoU with Hertz licensee IPSSL American Express Bank Ltd TRS (Travel Related Services) signed a memorandum of understanding (MoU) with Hertz licensee IPSSL Group recently in Dhaka.   Surya Baja launches new brick building machine PT Surya Baja Sentral Anugerah, a leading manufacturer of building materials machinery in Indonesia, has recently launched a new model of "Multi Block Machine" in Bangladesh.   New DMD of Al-Arafah Islami Bank Md Abdul Malek has recently joined Al-Arafah Islami Bank Ltd as deputy managing director.   Southtech made local distributor of Chinese ATM manufacturer China's ATM manufacturer GRG Yuntong (Guangdong) Banking Equipment Company Limited has appointed Southtech Limited as its distributor in Bangladesh.   World trade gloom grows as poor nations stand firm Poor nations insisted Tuesday on special treatment for cotton in global trade talks, signaling a tough stance in key negotiations later this month on liberalising world commerce.     Advertisement