Vol. 5 Num 568 Sat. December 31, 2005    
 
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Business
 
WorldTel to start operation in Dhaka next March
Plans to sell 100,000 land phones in first phase
WorldTel Ltd, the lone licence holder for providing land phone services in Dhaka zone, will start its operation by next March.
 
New WTO Declaration
US can deny 90pc Bangladesh goods duty-free access
The United States will be able to deny duty-free access of 85-90 percent Bangladeshi export items under the declaration adopted at the recently held WTO Ministerial Conference in Hong Kong, accordingto
 
Corporate Social Responsibility - III
Vendors encouraged to adopt ethical practices
Responsible corporate houses not only embrace ethical business practices themselves but also encourage their vendors, product and service suppliers and other third parties to internalise those.
 
Outcomes of HK WTO Ministerial
CPD's reflections from Bangladesh perspective
Continued from dec 30
b. Specific Issues

Agriculture
  • Agriculture negotiations are related to three pillars: domestic support, market access and export subsidies. As agreed under paragraph 45 of the July Framework agreement, LDCs including Bangladesh are exempted from any tariff reduction commitment.

 
Investment likely to slow down in 2006
Investment in the country is likely to slow down in the coming year as prospective investors would prefer to see how political situation develop ahead of the next general election.
 
WTO Talks
Govt urged to pursue long term policy
A long-term policy is needed to reap benefits from WTO trade negotiations, speakers said at a seminar in Dhaka Thursday and urged the government to take preparation for next global trade talks.
Picture
StanChart opens branch at Pallabi
Standard Chartered Bank has recently opened a branch at Dynasty Tower at Pallabi in Dhaka.
 
China gets good mark for 2005 currency policy
As China's central bankers look to 2006 and plan further reforms to the country's foreign exchange regime, analysts say they can pat themselves on the back for a job well done this year.
 
Pakistan cuts growth forecast
Pakistan's central bank cut its year to June 2006 economic growth forecast Friday to 6.0-6.6 percent, saying it was due to a sharp tail off in manufacturing and agriculture.
 
Oil above $60
Oil prices eased yesterday but headed towards the end of 2005 above $60 after two days of gains driven by lower US fuel stocks and expectations that Opec will cut output when it meets in January.
 
Indian gold futures move in tight range
Indian gold futures moved in a tight range yesterday on thin trading volumes as traders stayed away during the holiday season, while sugar slipped in anticipation of buoyant supplies.
 
Sri Lankan economy grows 6.4pc
Sri Lanka's economy grew by a "satisfactory" 6.4 percent in the third quarter of this year, just before the latest upsurge in violence, the department of Census and Statistics said Friday.
 

 
   
 
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