Latest News

Saturday , 27 Jan 2007
New MOU move deals for dutyfree RMG export to India

India has sent a draft memorandum of understanding (MOU) to the government asking it to sort out issues and finalise an agreement to take up dutyfree export of garments from Bangladesh under a special provision of the SAFTA arrangement.The SAFTA...

Saturday , 27 Jan 2007
CCCI : 8 point proposal to CA to activate the countrys economy

The Chittagong Chamber of Commerce and Industry (CCCI) submitted on January, 27 eightpoint proposal to the Chief Adviser (CA) Fakhruddin Ahmed to help activate the countrys economic activities. Among the proposals, the chamber urged the Chief...

Saturday , 27 Jan 2007
Manila to liberalise forex restrictions

In sharp contrast to Thailands recent move to curb capital inflows, the Philippines is set to liberalize existing restrictions on capital outflows as a way to hedge against the strong influx of foreign money while keeping its monetary policy steady...

Saturday , 27 Jan 2007
Made in Asia clothes make further inroads into Europe

European clothing firms are ditching their local suppliers and are opting more and more for cheaper imports from Asia, especially China, according to a French study released on Friday. Around 75 percent of clothes bought by the firms come from...

Saturday , 27 Jan 2007
China India trade achieve $20b in 2006

Bilateral trade between China and India hit an alltime record at USD 24.9 billion in 2006, exceeding the USD 20billion goal two years ahead of target, the Chinese Ministry of Commerce announced. The two Asian giants, both among the worlds fastest...

Saturday , 27 Jan 2007
Inflation still a major global risk : EU Central Bank

Inflation is still a major global risk and central banks around the world must remain very, very alert on price risks, European Central Bank President JeanClaude Trichet said on January, 27 2007. We make an assumption that central banks around...

Saturday , 27 Jan 2007
Top WTO powers meet in Davos

The worlds top commercial powers on January, 27 2007 make their first joint attempt at reviving global trade talks since their collapse last summer. Ministers from 24 key trading countries and the European Union met on the final day of the Davos...

Saturday , 27 Jan 2007
Canada : a lucrative job market for Bangladeshi technical professionals

For the first time, Bangladesh is expecting to send workers to Canada, a lucrative job market that ensures high salaries and workers rights at low service charges. Bangladesh Overseas Employment and Services Limited (BOESL), a stateowned recruiting...

Sunday , 28 Jan 2007
Asian currencies fall against dollar

Major Asian currencies fell against the dollar last week, with the yen weak due to low interest rates in Japan, as traders look ahead to this weeks rate decision by the US Federal Reserve.Japanese Yen: The yen remained weak against the dollar as...

Sunday , 28 Jan 2007
Telekom Malaysia plans more investments in India, Indonesia

Telekom Malaysia Berhad (TM), with its telecommunications business growing in Asian countries, now plans more investments in India and Indonesia this year. As part of its new international investment plan, TM has adopted a twopronged strategy to...

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