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    13 Chinese cos sign $13.60b in investment deals

    Staff Correspondent | Updated at 12:58am on October 15, 2016

    Thirteen Chinese companies on Friday signed investment agreements involving $13.60 billion with 13 Bangladeshi companies with the aim of increasing bilateral trade and business between the two Asian countries...

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    Samsung flags $5.3b profit hit from Note 7 failure

    Reuters . Seoul | Updated at 11:07am on October 14, 2016

    Samsung Electronics Co Ltd on Friday said it expected to take a hit to its operating profit of about $3 billion over the next two quarters due to the discontinuation of its fire-prone Galaxy Note 7 smartphone.

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    Dhaka stocks turn positive as fuel, power shares surge

    Staff Correspondent | Updated at 01:07am on October 14, 2016

    Dhaka stocks returned to positive on Thursday, the last trading session of the week, amid investors’ increased purchasing of fuel and power shares ahead of annual earnings disclosures...

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    GP opposes BTRC condition on 013 series issuance

    Staff Correspondent | Updated at 01:05am on October 14, 2016

    Leading mobile operator Grameenphone has opposed the telecom regulator’s move to hold the allocation of GP’s new number series (013) before completing the ongoing regulatory audit on the operator...

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    South Asian economic summit starts tomorrow

    Staff Correspondent | Updated at 01:01am on October 14, 2016

    The Centre for Policy Dialogue on Thursday said that necessity of South Asian Association for Regional Cooperation (SAARC) had not diminished, but will prevail, despite the strains in relations among different member countries on various issues and some sub-regional initiatives...

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    Alliance cuts ties with 7 more RMG units

    Staff Correspondent | Updated at 12:58am on October 14, 2016

    The Alliance for Bangladesh Workers Safety, a consortium of North American fashion retailers and buyers, has cut business relations with seven more Bangladeshi readymade garment factories due to failure to remove lockable exits and make required progress in remediation...

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    Chevron eyes $2b from sales of B’desh gas fields

    Business Desk | Updated at 12:51am on October 14, 2016

    The US energy company Chevron Corp has taken a move to sell its Bangladesh operations, seeking about $2 billion for the natural gas assets in the country, reports Bloomberg...

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    Bangladesh's Sonali Bank fined £3.3m

    BBC | Updated at 07:30pm on October 12, 2016

    The UK operations of Bangladesh's biggest bank, Sonali Bank, have been banned from accepting deposits from any new customers for 24 weeks...

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    5-day furniture fair begins in city

    Staff Correspondent | Updated at 10:26pm on October 11, 2016

    Five-day long 13th National Furniture Fair 2016 kicked off in the capital on Tuesday to attract both local and foreign customers...

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    ICB to waive Tk 171cr in interest on 12,849 stock investors’ loans

    HM Murtuza | Updated at 10:24pm on October 11, 2016

    The Investment Corporation of Bangladesh has initiated a move to waive Tk 171.08 crore interest on margin loans that the entity provided to 12,849 investors...