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    Manufacturers to get protection, incentives in next budget: NBR

    Staff Correspondent | Updated at 12:05am on April 19, 2018

    National Board of Revenue chairman Md Mosharraf Hossain Bhuiyan on Wednesday said that the budget for the upcoming fiscal year 2018-2019 would give sufficient protection and incentives to local manufacturers to promote industrialisation in the country....

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    50pc of public funds can be deposited in pvt banks and NBFIs, BB notifies them

    Staff Correspondent | Updated at 12:05am on April 19, 2018

    Bangladesh Bank has instructed all the banks to comply with a finance ministry notification on pulling deposit from government, semi-government and autonomous entities’ by the private banks and non-bank financial institutions....

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    Dhaka stocks rebound on banking sector surge

    Staff Correspondent | Updated at 12:05am on April 19, 2018

    Despite fall in share prices of most of the scrips, the key index of Dhaka Stock Exchange, DSEX, rose sharply on Wednesday as investors turned their focus on large-capitalised banking sector which had remained subdued in previous few trading sessions....

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    CPD terms banking sector orphan

    Staff Correspondent | Updated at 12:05am on April 18, 2018

    Centre for Policy Dialogue on Tuesday termed the country’s crippled banking sector an orphan and suspected that a huge amount of money was being laundered from the sector besides the capital market and through import payments....

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    Arastoo resigns as IBBL chairman

    Staff Correspondent | Updated at 12:05am on April 18, 2018

    Arastoo Khan on Tuesday tendered his resignation as chairman of Islami Bank Bangladesh Limited bringing to an end to his15-month stint which had began amid criticism....

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    Dhaka stocks inch down in topsy-turvy trading

    Staff Correspondent | Updated at 12:05am on April 18, 2018

    Dhaka stocks inched down on Tuesday in volatile trading amid investors’ post-record date hangover of some of the large capitalised scrips....

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    Undisclosed money legalisation with penalty to stay in next budget

    Staff Correspondent | Updated at 12:05am on April 18, 2018

    The existing provision of legalising undisclosed money through investment in construction and purchase of residential building and apartment would continue in the next budget to prevent money laundering, National Board of Revenue chairman Md Mosharraf Hossain Bhuiyan said on Tuesday....

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    BESEC calls 20 listed cos for hearing today

    Mostafizur Rahman | Updated at 12:05am on April 18, 2018

    Bangladesh Securities and Exchange Commission has summoned top brass of 20 listed companies to appear before hearing today as the commission detected violation of securities rules by them...

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    IMF also projects 7pc economic growth, lower than govt estimate

    Staff Correspondent | Updated at 12:05am on April 18, 2018

    International Monetary Fund has retained its projection for Bangladesh’s economic growth at 7 per cent, 0.65 percentage points lower than the government’s estimate, for the current fiscal year 2017-2018....

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    Farm loan growth slows to 2.55pc in 9 months

    Staff Correspondent | Updated at 12:05am on April 18, 2018

    Disbursement of farm loan has increased by only 2.55 per cent during the July-March period of the current 2017-2018 fiscal year. It was 23.39 per cent during the same period of the previous fiscal year, 2016-2017....

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