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    Ex-Ericsson execs tell of massive bribery

    Agence France-Presse . Stockholm | Updated at 02:21am on November 24, 2016

    Former executives with Swedish telecoms equipment giant Ericsson say the firm shelled out tens of millions of dollars in bribes between 1998 and 2001, the Swedish media reported Wednesday...

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    Alliance rejects rights groups' report on RMG factory remediation

    Staff Correspondent | Updated at 02:14am on November 24, 2016

    Alliance for Bangladesh Workers Safety, a consortium of North American fashion brands and buyers, on Tuesday refuted the report published by labour rights organisations on remediation progress in the Alliance listed readymade garment factories, terming it misrepresented and oversimplified...

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    BIAC, PCA ink coop deal

    Business Desk | Updated at 02:10am on November 24, 2016

    Bangladesh International Arbitration Centre and the Permanent Court of Arbitration, The Hague, The Netherlands recently signed a cooperation agreement, said a news release...

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    Farm loan release posts 14pc growth in 4 months

    Staff Correspondent | Updated at 02:07am on November 24, 2016

    Farm loan disbursement posted a 14.11 per cent growth in the first four months of the current financial year 2016-17 compared with that in the same period of FY16...

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    60pc woman SME entrepreneurs’ finance demand unmet: study

    Staff Correspondent | Updated at 02:01am on November 24, 2016

    The banks and non-bank financial institutions in the country only meet around 40 per cent of the women entrepreneurs’ demand for finance in small and medium enterprises sector...

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    B’desh slides two notches in ICT dev index

    Staff Correspondent | Updated at 01:56am on November 24, 2016

    Bangladesh moved down two notches to 145th position in 2016 in the ICT Development Index of the International Telecommunication Union...

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    IDLC gets BSEC nod to raise Tk 251cr in rights offer

    Staff Correspondent | Updated at 12:06am on November 23, 2016

    The Bangladesh Securities and Exchange Commission on Tuesday approved Tk 251-crore rights offer proposal of IDLC Finance...

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    Fitch sees ‘weak’ Q4 as India cash crunch bites

    Agence France-Presse . New Delhi | Updated at 12:03am on November 23, 2016

    Ratings agency Fitch said Tuesday it would revise down its India growth forecasts for the fourth quarter of 2016 after the country’s shock move to pull most of its currency out of circulation...

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    Stocks hit 13-month high on fresh interest in bank shares

    Staff Correspondent | Updated at 12:02am on November 23, 2016

    Dhaka stocks rebounded on Tuesday with the key index of Dhaka Stock Exchange, DSEX, hitting 13-month high as investors initiated fresh purchasing of bank shares after last day’s profit booking...

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    BB reserve theft 6 RCBC officials charged

    Business Desk | Updated at 11:57pm on November 22, 2016

    The Anti-Money Laundering Council (AMLC) of Philippines has filed charges against the former treasurer and 5 other officers and employees of listed Rizal Commercial Banking Corporation (RCBC) in connection with the $81-million cyber heist involving the funds owned by Bangladesh Bank, reports Rappler.com...