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    Stocks plunge for 2nd week on MPS, ADR jitters

    Staff Correspondent | Updated at 12:34am on January 21, 2018

    Dhaka stocks slumped last week, the second week in a row, with a fall in the share prices of most of the traded scrips as investors remained cautious, keeping an eye on the upcoming monetary policy statement by Bangladesh Bank and a possible cut in the banks’ advanced deposit ratio....

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    Govt relaxes rules for giving cash incentives to garment makers

    Staff Correspondent | Updated at 12:33am on January 21, 2018

    The government has decided to ease the condition for getting new market exploration assistance for the readymade garment exporters by allowing them to repatriate their export earnings from any country....

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    Prices of vegetables go up

    Staff Correspondent | Updated at 11:32pm on January 19, 2018

    The prices of vegetables went up in the city’s kitchen markets over the week ending Friday as dense fog and severe cold interrupted transportation of the items...

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    Telecom ministry okays tech neutrality fees

    Staff Correspondent | Updated at 12:03am on January 20, 2018

    The posts, telecommunications and information technology ministry has endorsed a Bangladesh Telecommunication Regulatory Commission proposal on fees for spectrum conversion leading to technology neutrality...

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    IPO fundraising poised to scale up in 2018

    Mostafizur Rahman | Updated at 12:05am on January 20, 2018

    Fund raising through issuing initial public offering is going to increase this year after hitting a ten-year low last year as 22 companies have already applied for raising Tk 1,272.15 crore through IPOs...

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    Four-day GAPEXPO starts Jan 24

    Staff Correspondent | Updated at 12:06am on January 20, 2018

    The ninth edition of GAPEXPO, an international garment accessories and packaging products exhibition, will start in Dhaka on January 24 with the aim of showcasing latest products, machinery and raw materials under one roof...

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    Govt bans uncut raw jute export

    Staff Correspondent | Updated at 11:52pm on January 18, 2018

    The government on Thursday imposed a ban on export of un-cut Bangla Tosha Rejection and Bangla White Rejection raw jute for an indefinite period...

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    Euro, yen also allowed for ACU transaction settlements

    Staff Correspondent | Updated at 11:51pm on January 18, 2018

    Asian Clearing Union has resumed accepting euro and allowed Japanese yen, along with US dollar, for settlements of current account transactions among ACU members that included Bangladesh...

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    ADB raises growth forecast slightly

    Staff Correspondent | Updated at 11:49pm on January 18, 2018

    Asian Development Bank has slightly increased its forecast on the country’s gross domestic product growth to seven per cent from previous 6.9 per cent for the current fiscal year...

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    Wage board for glass, silicate sector workers formed

    Staff Correspondent | Updated at 11:46pm on January 18, 2018

    The government has taken an initiative to review the minimum wages for the glass and silicate industry workers in accordance with the labour act as the wages for the sector were last reviewed six years ago...