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    Govt, ADB to sign $616m loan deal today for power sector

    United News of Bangladesh . Dhaka | Updated at 10:10pm on May 28, 2017

    The Asian Development Bank will provide $616 million to Bangladesh to implement a project for enhancing the coverage and reliability of its power system and improving the efficiency of the distribution network...

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    Commodity prices become volatile on 1st day of Ramadan

    Staff Correspondent | Updated at 10:11pm on May 28, 2017

    The prices of sugar, garlic, aubergine, green chilli, coriander leaves and cucumber increased excessively in the city’s kitchen markets on Sunday, the first day of Ramadan, the fasting month for the Muslims...

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    Transactions on secondary bond market in slow lane

    AKM Zamir Uddin | Updated at 10:15pm on May 28, 2017

    Transactions of Treasury bills and bonds in the secondary market has decreased significantly in the last two months as the rate of interest on the instruments dropped sharply in the primary market due to the government’s decision to squeeze auctions for the tools...

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    Indian state to challenge Modi’s cow slaughter ban

    Agence France-Presse. New Delhi | Updated at 10:18pm on May 28, 2017

    A southern Indian state announced Sunday it would go to the supreme court to challenge a federal ban on the sale of cows for slaughter, stepping up a showdown with prime minister Narendra Modi...

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    Stocks slump on Muhith’s flip-flops on VAT rate cut

    Staff Correspondent | Updated at 10:19pm on May 28, 2017

    Dhaka stocks plunged on Sunday with the turnover on the bourse hitting its seven-month low as investors went for selling shares following finance minister AMA Muhith’s latest stand on value-added tax rate...

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    GDP-centric dev fails to spur job creation, pvt investment: CPD

    Staff Correspondent | Updated at 10:55pm on May 27, 2017

    The Centre for Policy Dialogue on Saturday observed that the current growth-driven development in the country could not generate sufficient employment and failed to achieve the expected breakthrough in private investment...

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    BGMEA seeks source tax exemption, addl cash incentive

    Staff Correspondent | Updated at 11:03pm on May 27, 2017

    Readymade garment exporters on Saturday sought five per cent of freight on board price as cash incentive in addition to the incentives they are now enjoying and exemption from paying tax at source for the next two years...

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    8 mobile courts to monitor commodity prices during Ramadan: DSCC mayor

    Staff Correspondent | Updated at 11:13pm on May 27, 2017

    Dhaka South city mayor Mohammad Sayeed Khokon on Saturday said that they would take tough actions against businesses that would not follow its fixed price chart...