The Daily Star: Internet Edition Mon. May 14, 2007

Vol. 5 Num 1048

Mon. May 14, 2007


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Business

Minimum wage for workers in all RMG factories by June 30
Promise owners
The Bangladesh Garments Manufacturers and Exporters Association (BGMEA) has promised to implement fully the tripartite agreement on minimum wage for garment workers that was signed between the government,

Exports grow 20.21pc in nine months
The country's exports grew by 20.21 percent to $ 9036.45 million in the first nine monthsThe country's exports grew by 20.21 percent to $ 9036.

Women Entrepreneurship
Tk 70cr budgetary allocation demanded
Country's women entrepreneurs have demanded a budgetary allocation of at least Tk 70 crore for the development of entrepreneurship of the womenfolk.

Dhaka to make updated list of goods for market access under WTO offer
Dhaka will prepare an updated list of products for negotiations under WTO to get those included in the list of 97 percent goods eligible for duty-free and quota-free (DFQF) market access.

Pre-budget Discussion at Ctg
Govt urged to prioritise poverty alleviation
Economists, trade body leaders, academics and entrepreneurs at a pre-budget discussion here on Saturday put emphasis on formulating the budget for the coming fiscal giving highest priority on povertyalleviation,

Reforming taxes in Bangladesh: A taxpayer's perspective
Tax revenue as a share of GDP in Bangladesh is amongst the lowest in the world.

Record container handling in a day at Ctg port
Chittagong Port has handled the highest-ever containers in a single day.

Arbitration body soon for rehab of sick industries
The government will form an integrated arbitration committee for framing necessary laws to rehabilitate as many as 3,769 sick industries and also to resolve prevailing problems in this regard.

United Leasing okays dividend
United Leasing Company Ltd has declared Tk 20 dividend per share for 2006, says a press release.

Citigroup puts Bangladesh resources in global network
In its latest move to build and export its local talents to Asian countries, Citibank NA Bangladesh arranged the placement of two of its officials to its India and Malaysia franchise, in the Citi Markets

Fair at Suvastu shopping complex likely to continue
The duration of the month-long fair at Suvastu Nazar Valley Shopping Complex in the capital's Gulshan area may be extended as the fair is getting huge response from visitors, says a press release.

China allows banks to invest in foreign stock
China's cash-rich commercial banks have been allowed for the first time to invest in foreign stocks with funds managed on behalf of their clients.

WTO heavyweights to mount fresh bid to salvage Doha talks
The world's leading trading powers are this week to mount yet another bid to salvage WTO negotiations aimed at reducing barriers to global commerce that have gone nowhere for the past six years.

Wolfowitz's tenure at World Bank hangs in balance
The World Bank executive board is expected to deliver its verdict this week on the future of embattled bank president Paul Wolfowitz who faces demands to step down over nepotism allegations.

Currency