Vol. 5 Num 255 Sat. February 12, 2005    
 
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Business
 
3 groups forge common panel for BGMEA polls
Presidency to rotate in every eight months
Top leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have finally reached a decision not to fight against one another in the next biennial election to be held on February17.
 
Bangladesh expects $1b FDI in garments sector
Bangladesh's vital garments sector expects to attract more than one billion dollars in foreign direct investment over the next couple of years following the lifting of a decade-old ban, officials said
 
Develop human resources to boost remittance
Speakers say at JOBS discussion
Speakers at a discussion have underscored the need for Bangladesh to increase investments in developing its human resources as they can increase both local and remittance incomes substantially.
 
Janata Bank earns Tk 231cr operating profit in 2004
Janata Bank has earned Tk 231.29 crore operating profit in the financial year 2004 becoming the best performer among the nationalised commercial banks of the country.
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F1 Auto Fair...


 
Vedanta in biggest FDI bid in Indian metal industry
In the biggest FDI bid in Indian metal industry, Vedanta Resources Plc, the London Stock Exchange listed metals and minerals major, has announced to pump in 1.
 
India to end gas pipeline deal with Iran by June
India is hoping to clinch a deal by June with Iran for supply of gas via a pipeline passing through Pakistan following long-awaited cabinet approval of the project, a minister said Friday.
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Decorative glass outlet opens at Gulshan
Stained Glass Overlay (SGO), a US-based decorative glass producing company, has opened its first branch in Bangladesh at Gulshan in Dhaka on Thursday.
 
US lawmakers oppose sale of IMF gold stocks
A dozen US lawmakers have told Treasury Secretary John Snow to oppose proposals to sell gold from the International Monetary Fund's stockpile to pay for debt relief, indicating the plan will face powerful
 
Oil firm at $47 as market outlook seen tighter
Oil prices held firm at around $47 a barrel Friday, bolstered by a tightening outlook for market fundamentals and sliding US temperatures.

US oil CLc1 dipped 11 cents to $46.

 
Financial services chiefs see hope in WTO talks
Financial services representatives said Thursday they saw grounds for hope in struggling World Trade Organization (WTO) talks on opening up banking and insurance markets.
 
World cotton output may rise to 116.7m bales: USDA
World cotton production is expected to be 116.7 million bales in 2004/05, 1.1 million bales higher than previously estimated due in part to a bigger crop in China, the US Agriculture Department said Thursday.
 

 
   
 
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