The Daily Star: Internet Edition Wed. July 18, 2007

Vol. 5 Num 1113

Wed. July 18, 2007


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Business

SMEs in rural areas to reduce regional income disparity
Finance adviser tells SME Foundation launch
As regional income disparity is growing across the country, setting up small and medium enterprises (SMEs) in remote rural areas could be the best instrument to help reduce the disparity, said Finance

Regional resource allocation for uplift projects biased
Economic Research Group study finds
A study on policy implementation for reducing poverty has suggested immediate revisions of regional resource allocation for development projects as it found such an allocation biased.

Good brands make emotional connections with consumers
Brand expert tells The Daily Star
Kevin Roberts is the worldwide CEO of Saatchi & Saatchi, one of the world's leading creative organisations with a team of 7000 people across 83 countries.

Bepza Activities-ii
Salary hike creates labour-friendly atmosphere in EPZs
A labour congenial atmosphere in the country's export processing zones (EPZs), especially at Savar and Chittagong EPZs, that has been sustained due to Bepza's (Bangladesh Export Processing Zones Authority)

Emerging economies aim to boost trade as WTO deadlocked
Brazil, India and South Africa aim to boost business between the fast-growing emerging economies that are also key players in now deadlocked global trade talks, Brazil's foreign minister said Tuesday.

New Credit Rules
Thai RMG makers fear losing market
Thai textile and garment exporters, whose baht-denominated income is being steadily eroded by the strengthening baht, are facing another problem: financial institutions have toughened their attitude towards

Brazil hopeful of WTO accord before US polls
Brazil Tuesday held out hope for an agreement on the Doha Round of talks to liberalise global commerce despite a deadlock hit last month among key members of the World Trade Organisation.

DSE turnover hits new high at Tk239.54cr
Turnover on the Dhaka Stock Exchange (DSE) yesterday reached a new high at Tk 239.54 crore amid a continued rally of share prices. The previous highest turnover was Tk 234.44 crore on June 26.

Executive body tenure of FBCCI extended by 90 days
The tenure of the present FBCCI executive committee has been extended by 90 days to December 12 this year to facilitate the holding of its election for the next two-year term (2007-09).

Q- Cash, Brac Bank sign deal on ATM sharing
BRAC Bank Limited and IT Consultants Limited (ITCL) Q-Cash have signed a memorandum of understanding to establish Omnibus, an association of member institutions which will provide shared ATM and POS network

US, Malaysia FTA likely by June 2008
The United States is aiming to seal a free trade agreement with Malaysia by June next year, a top official said Monday, after both nations missed a key deadline to fast-track the agreement.

Currency