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    $5b export earnings from leather sector by 2021: Tofail

    Staff Correspondent | Updated at 10:27pm on February 26, 2017

    Commerce minister Tofail Ahmed on Sunday said country’s export earnings from leather and leather products would reach $5 billion by 2021 as the government has recognised the sector as a priority sector and is giving incentives...

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    PM opens country’s 1st solar-powered food silo

    Bangladesh Sangbad Sangstha . Santahar, Bogra | Updated at 10:20pm on February 26, 2017

    Prime minister Sheikh Hasina on Sunday inaugurated a state of the art multistoried food warehouse, having capacity of storing 25,000 tonnes of food grains at Santahar in Bogra...

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    6 banks fail to keep provision in ’16

    AKM Zamir Uddin | Updated at 09:56pm on February 26, 2017

    The overall shortfall in provision against general and defaulted loans in the banking sector increased by 27.70 per cent, or Tk 1,186.65 crore, to Tk 5,470.02 crore in 2016 with six banks failing to keep required provision during the period...

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    India lobbies Trump admin to avert visa threat

    Reuters . New Delhi | Updated at 10:35pm on February 25, 2017

    India has stepped up its lobbying effort against moves in the US Congress to impose curbs on visas for skilled workers that threaten the South Asian nation’s tech sector, which employs more than 3.5 million people...

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    Stocks rise for 3rd week as energy, NBFI shares surge

    Staff Correspondent | Updated at 10:34pm on February 25, 2017

    Despite a decline in the share prices of most of the traded scrips, Dhaka stocks advanced last week, extending the upward trend to the third week, due to investors’ focus on energy and non-bank financial institution stocks...

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    Uber sued over trade theft charge

    Reuters . San Francisco | Updated at 10:33pm on February 25, 2017

    Alphabet Inc’s Waymo self-driving car unit sued Uber Technologies and its autonomous trucking subsidiary Otto on Thursday over allegations of theft of its confidential and proprietary sensor technology....

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    Garment entrepreneurs advised to be compliant on workers’ rights

    Staff Correspondent | Updated at 10:31pm on February 25, 2017

    Readymade garment entrepreneurs need to be compliant on workers’ rights and safety as the related issues have again surfaced in global arena after Ashulia incident and some incidents of repression on trade unions and workers, said local and international experts, policymakers and buyers on Saturday...

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    Momen elected CSE chairman

    Staff Correspondent | Updated at 10:30pm on February 25, 2017

    The board of directors of Chittagong Stock Exchange on Saturday elected AK Abdul Momen, a former Bangladesh ambassador and permanent representative to the United Nations, as chairman of the bourse for next three years....

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    PM urges brands, buyers to help overhaul RMG factories

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:28pm on February 25, 2017

    Putting emphasis on adopting short-, medium- and long-term plans for boosting demand for Bangladeshi readymade garment products in the world market, prime minister Sheikh Hasina on Saturday called upon brands and buyers to help garment industry owners overhauling their factories...

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    Gas price hike to erode export competitiveness

    Staff Correspondent | Updated at 10:23pm on February 25, 2017

    Economists and exporters on Saturday expressed their worries that the latest price hike of gas would raise the cost of doing business and affect industrial growth and exports...