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    BB okays share transfer of Lafarge, Holcim for merger

    Staff Correspondent | Updated at 10:47pm on September 18, 2017

    Bangladesh Bank has approved transfer of entire shares of Holcim Cement Bangladesh to Lafarge Surma Cement Bangladesh as part of the entities’ global merger while the amount the central bank granted for repatriation was almost half the two companies had agreed..

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    BR, GP start deal revision to open it to all ANS operators

    HM Murtuza | Updated at 10:45pm on September 18, 2017

    A joint committee of Bangladesh Railway and mobile phone operator Grameenphone has started working on reviewing an agreement between the two entities that was signed in 1997 barring BR from allowing other firms to use optical fibre cable of the company...

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    NBR decides to withdraw VAT on industrial mould at production level

    Staff Correspondent | Updated at 10:44pm on September 18, 2017

    The National Board of Revenue has decided to exempt entrepreneurs from paying value-added tax on production of industrial mould to facilitate industrialisation...

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    Loan defaulters barred from getting agent banking licence

    Staff Correspondent | Updated at 10:43pm on September 18, 2017

    Bangladesh Bank on Monday issued guidelines on agent banking, barring loan defaulters from getting licence to operate the services. Through the guidelines, the central bank also asked the managing directors and chief executive officers of all banks not to allow any...

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    Stocks advance for 3rd trading session as banks rebound

    Staff Correspondent | Updated at 09:26pm on September 17, 2017

    Dhaka stocks advanced on Sunday for the third trading session with the key indices notching record highs despite decline in share prices of most of the scrips as bank, non-bank financial institution and cement shares rebounded with strength..

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    Dhaka-Kolkata container train service trial run in October

    Jasim Uddin | Updated at 09:25pm on September 17, 2017

    Bangladesh and India are going to pilot the container train service between Dhaka and Kolkata next month to assess the feasibility of initiating the full-pledged service on commercial basis...

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    Govt’s bank borrowing rises in Jul-Sept

    Staff Correspondent | Updated at 09:24pm on September 17, 2017

    The government’s borrowing from the banking sources suddenly increased in July-September of the current fiscal year 2017-18. Bangladesh Bank officials say the government is now being forced to borrow from banks against the backdrop of a surge in its expenditure...

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    Govt launches OMS in wake of rice price hike

    Staff Correspondent | Updated at 08:44pm on September 17, 2017

    The government on Sunday started open market sales of coarse varieties of rice at the rate of Tk 30 per kg across the divisional towns in the awake of recent surge in prices of the staple food...

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    Tofail orders arresting illegal rice hoarders

    United News of Bangladesh | Updated at 08:15pm on September 17, 2017

      Commerce minister Tofail Ahmed on Sunday said the district and police administrations have been directed to arrest those hoarding rice illegally across the country....

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    Govt begins OMS of rice at doubled price

    Staff Correspondent | Updated at 04:21pm on September 17, 2017

    The government on Sunday began open market sale of coarse rice at Tk 30 per kilogramme across the divisional and district...