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    Fitch sees ‘weak’ Q4 as India cash crunch bites

    Agence France-Presse . New Delhi | Updated at 12:03am on November 23, 2016

    Ratings agency Fitch said Tuesday it would revise down its India growth forecasts for the fourth quarter of 2016 after the country’s shock move to pull most of its currency out of circulation...

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    Stocks hit 13-month high on fresh interest in bank shares

    Staff Correspondent | Updated at 12:02am on November 23, 2016

    Dhaka stocks rebounded on Tuesday with the key index of Dhaka Stock Exchange, DSEX, hitting 13-month high as investors initiated fresh purchasing of bank shares after last day’s profit booking...

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    BB reserve theft 6 RCBC officials charged

    Business Desk | Updated at 11:57pm on November 22, 2016

    The Anti-Money Laundering Council (AMLC) of Philippines has filed charges against the former treasurer and 5 other officers and employees of listed Rizal Commercial Banking Corporation (RCBC) in connection with the $81-million cyber heist involving the funds owned by Bangladesh Bank, reports Rappler.com...

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    Trump vows to kill TPP on day one

    Business Desk | Updated at 11:52pm on November 22, 2016

    Donald Trump said Monday the United States would signal its withdrawal from the Trans-Pacific Partnership (TPP) trade pact on his first day in the White House, one of six immediate steps aimed at ‘putting America first’, reports Agence France-Presse...

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    Alliance gives pass grades to factories with safety issues not resolved, report finds

    Business Desk | Updated at 11:48pm on November 22, 2016

    An organisation backed by global retailers including Gap, Target and Walmart is giving passing grades to Bangladeshi factories that have yet to implement life-saving safety changes the retailers pledged to put in place following a deadly building collapse in 2013 that killed 1,137 people, according to a survey published Monday, reports The Guardian...

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    319 RMG factories may face legal action

    Staff Correspondent | Updated at 11:44pm on November 22, 2016

    The labour ministry is going to take legal action against 319 readymade garment factories that are structurally vulnerable...

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    Telcos asked to give Tk 269cr in unpaid VAT

    Staff Correspondent | Updated at 11:42pm on November 22, 2016

    The National Board of Revenue asked three mobile operators to pay Tk 269.17 crore outstanding value-added tax without delay on the third installment of spectrum charge for 2G licenses...

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    Subscribers blast telcos for poor service quality at BTRC hearing

    Staff Correspondent | Updated at 11:28pm on November 22, 2016

    Mobile phone subscribers at a public hearing on Tuesday blasted the country’s mobile phone companies for poor service quality, deficient network coverage and annoying telemarketing...

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    Uber to be launched in Dhaka

    United News of Bangladesh | Updated at 02:55pm on November 22, 2016

    Smart phone app Uber, which enables the user to the world's largest on-demand mobility platform, will be launched in Bangladesh...

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    Dhaka stocks finish flat amid profit-taking sales

    Staff Correspondent | Updated at 12:00am on November 22, 2016

    Dhaka stocks finished flat on Monday due to investors’ profit booking from banks’ and non-bank financial institutions’ scrips following a four-day market surge...