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    H&M factory in Myanmar damaged in violent labour dispute

    Reuters . Yangon | Updated at 10:16pm on March 08, 2017

    Workers demanding better conditions and benefits have destroyed the production line of a Chinese-owned factory making clothes for Swedish fashion retailer Hennes & Mauritz, in one of the most violent labour disputes in Myanmar in years...

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    Current account deficit soars to $754m

    AKM Zamir Uddin | Updated at 10:14pm on March 08, 2017

    The country’s current account balance registered a deficit of $754 million in the first seven months of the financial year of 2016-17 against a surplus of $2.47 billion in the same period of the FY 2015-16 due to a negative growth in trade balance, services and primary income...

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    Export earnings witness poor growth in Jul-Feb

    Staff Correspondent | Updated at 10:03pm on March 08, 2017

    Country’s export earnings in the July-February of the current financial year 2016-17 witnessed a poor growth of 3.22 per cent to $22.83 billion due to a decline in exports in the month of February...

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    Dhaka stocks rise for 2nd day as financial scrips got attention

    Staff Correspondent | Updated at 10:36pm on March 07, 2017

    Dhaka stocks advanced for the second trading session on Tuesday with the turnover crossing Tk 1,100 crore after four trading sessions as investors resumed purchasing shares of financial scrips...

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    Alliance cuts ties with award-winning FARR Ceramic factory

    Staff Correspondent | Updated at 10:35pm on March 07, 2017

    North American buyers’ group has suspended business relation with seven more Bangladeshi factories including a ceramic factory in February while the European buyers’ group terminated two new factories from its supplier list due to failure in making required progress in ensuring workplace safety...

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    MCCI urges govt to review gas price hike

    Staff Correspondent | Updated at 10:34pm on March 07, 2017

    The Metropolitan Chamber of Commerce and Industry on Tuesday requested the government for reviewing the recent hike in gas price considering the negative impact of the decision on export competitiveness, production cost, inflation and overall economic activities...

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    IORA region business leaders for forging partnership

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:31pm on March 07, 2017

    Business leaders of the IORA (Indian Ocean Rim Associations) countries in a joint declaration agreed to increase private sector’s role in advancing economic growth and sustainable development in IORA countries through some joint actions...

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    Investment needed to avoid losses thru cybercrime: speakers

    Staff Correspondent | Updated at 10:28pm on March 07, 2017

    Investment in capacity building has to be made by the government and private organisations to combat cybercrime with a view to preventing future losses through such crime, said speakers at a discussion on Tuesday...

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    BB governor assures DSE of bond market revival steps

    Staff Correspondent | Updated at 10:26pm on March 07, 2017

    Bangladesh Bank governor Fazle Kabir at a meeting on Tuesday assured the Dhaka Stock Exchange board that the central bank would take appropriate measures to revive the bourse’s bond market...

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    NBR to launch e-payment for customs duty this month

    Jasim Uddin | Updated at 10:22pm on March 07, 2017

    The National Board of Revenue is set to launch a new electronic payment system for importers and exporters amid failure of its existing e-payment platform...