The Daily Star: Internet Edition Thu. May 04, 2006

Vol. 5 Num 685

Thu. May 04, 2006


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Business

FBCCI not happy with Tata's gas price offer
As the Indian industrial heavyweight Tata group has proposed new gas prices in its revised investment proposal, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday opposed

Govt may take steps to up wages for RMG workers
Two-day MFA Forum confce ends in Dhaka
The government may soon take necessary steps to increase wages for workers in readymade garment (RMG) sector as foreign buyers are persistently creating pressures for improving the living standard ofthe

FBCCI demands clear concession from Pakistan in FTA
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday said Pakistan being the developing country between the two, has to make concession to Bangladesh, particularly with the

Banks to restrict deposit rate at maximum 12pc
Association of Bankers Bangladesh (ABB) yesterday decided to offer maximum 12 percent interest on term deposits and charge minimum 14 percent interest on commercial loans from June this year.

Infrastructure
Dhaka gets $50m credit from WB
The World Bank Tuesday approved a US$50 million credit to help Bangladesh accelerate private sector-led growth by providing finance and building capacity for the private provision of infrastructure.

Etihad's Asia Pacific GM due today
Charles Phelps-Penry, regional general manager (Asia Pacific) of Etihad Airways, arrives in Dhaka today to kick off the inaugural flight of the airline.

ADB offers policy dialogue among Saarc nations
The Asian Development Bank (ADB) yesterday offered to facilitate a policy dialogue among finance ministers of Saarc countries, saying the association still has some 'internal conflicts'.

Protests erupt at ADB meet in India
Protestors took to the streets in southern India Wednesday as the Asian Development Bank (ADB) began its annual meeting to expand free trade in a region housing two-thirds of the world's poor.

Seminar on security solution to protect brand reputation
Speakers at a seminar yesterday stressed the need for use of authentic system to stop counterfeiting of products.

BASIS to hold IT fairs in 5 cities
Bangladesh Association of Software and Information Services (BASIS) will hold IT fairs in five cities this year.

Raffle draw of Navana's 'Guess and Fly Quiz’
Navana Ltd, the sole distributor of Toyota brand vehicle in Bangladesh, conducted a raffle draw styled 'Guess and Fly Quiz' on Tuesday in Dhaka to mark the launch of Toyota Yaris car in local market.

Unilever seminar on new developments in skin whitening
In a recent seminar on new developments in skin whitening, Unilever scientists explained the safety and efficacy of 'Fair & Lovely', a skin care cream of the company, to renowned dermatologists of the