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    India rules-of-origin move to hit Bangladesh RMG export

    Staff Correspondent | Updated at 09:57pm on August 12, 2018

    A recent Indian government’s move to introduce rules of origin in the name of protecting its local garment manufacturers might severely hurt Bangladesh’s export growth to its neighbour....

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    Bangladesh wants DFQF market access to China under WTO rules: Tofail

    Staff Correspondent | Updated at 09:56pm on August 12, 2018

    Bangladesh as a least developed country has demanded duty-free and quota-free market access to China as per a provision of the World Trade Organisation....

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    Most banks ignore Muhith’s latest deadline for single-digit rates

    Staff Correspondent | Updated at 09:52pm on August 12, 2018

    The decision to bring down the lending rate to nine per cent and deposit rate to six per cent by banks has witnessed so far a very limited implementation as most of the banks failed to execute the decision by the fresh deadline — August 9....

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    Visa card spend rises 7pc y-o-y in festive season

    Staff Correspondent | Updated at 09:51pm on August 12, 2018

    Spend on Visa cards in Bangladesh during Ramadan and Eid-ul-Fitr this year increased 7 per cent while the number of transactions was up by 8 per cent in comparison with last year’s festive season, according to a recent report....

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    Banks keep stocks afloat for 4th day

    Staff Correspondent | Updated at 09:49pm on August 12, 2018

    Dhaka stocks finished flat on Sunday despite a fall in the share prices of two-thirds of the traded scrips as investors continued to buy bank shares, diverting their investments from other stocks.....

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    Citi holds Belt and Road forum

    Business Desk | Updated at 09:48pm on August 12, 2018

    Citibank NA, Bangladesh recently hosted the ‘Belt and Road Forum Bangladesh 2018’ underlining Citi’s commitment to support Bangladesh, global clients and investors with the opportunities offered by the belt and road initiative, said a press release....

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    GP launches 2 co-branded 4G enabled smartphones

    Staff Correspondent | Updated at 09:45pm on August 12, 2018

    Grameenphone on Sunday launched two new co-branded smartphones — Symphony G100 and Micromax B5 Pro — with an aim to bring general customers under 4G ecosystem....

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    Huawei nova 3i records pre-booking

    Staff Correspondent | Updated at 05:06pm on August 12, 2018

    Around 9000 interested customers completed pre-booking for Huawei nova 3i in only 10 days, which set a new record in Bangladesh’s smartphone...

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    Stocks barely gain for 2nd week riding on banking sector

    Staff Correspondent | Updated at 10:32pm on August 11, 2018

    Despite fall in share prices of two-thirds of scrips, Dhaka stocks gained in the past week mainly due to a surge in share prices of banking sector as the bourse took a hard line against 15 more junk companies....

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    56 businesspeople nominated for CIP status for 2016 performance

    Staff Correspondent | Updated at 10:27pm on August 11, 2018

    The government has nominated 56 businesspeople as commercial important persons for their contribution to the country’s overall economy through setting up industries, creating employment and increasing national income in 2016....