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    No MFS licence for telcos: BB

    Staff Correspondent | Updated at 11:49pm on December 19, 2016

    Bangladesh Bank on Monday said it would not allow mobile phone operators to run mobile financial services as the central bank follows a bank-led model in settling financial transactions through the MFS...

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    BB chief warns against money-laundering thru mobile banking

    United News of Bangladesh | Updated at 07:49pm on December 19, 2016

    Bangladesh Bank governor Fazle Kabir on Monday warned that mobile banking might become one of the biggest laundering methods in the digital world if it is not confronted through joint initiatives...

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    Rushanara Ali arrives as UK PM’s trade envoy

    Diplomatic Correspondent | Updated at 12:50am on December 19, 2016

    The UK prime minister’s trade envoy for Bangladesh, Rushanara Ali, arrived in Dhaka on Saturday on a five-day official visit...

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    Economy pays tab for Japan Inc’s free lunch on overtime

    Reuters . Tokyo | Updated at 12:01am on December 19, 2016

    Japanese workers put up with long hours and unpaid overtime under pressure from cost-saving companies, and figures from government, which wants more money in workers’ pockets to boost consumer spending, appear to underestimate the problem...

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    Stocks rise for 4th session as upswing continues

    Staff Correspondent | Updated at 12:00am on December 19, 2016

    Dhaka stocks finished up for the fourth trading session on Sunday as optimistic buying cancelled out the impact of profit-booking share sales in early trading...

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    SAARC Finance seminar today

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:57pm on December 18, 2016

    A day-long SAARC FINANCE Seminar on ‘Impacts of Mobile Financial Services in the SAARC Region’ will be held today at the Sonargaon Hotel in the city...

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    Bangladesh expects record tea output in 2016: minister

    Business Desk | Updated at 11:55pm on December 18, 2016

    Bangladesh’s tea output in 2016 is expected to hit a record 80 million kg from 66 million a year earlier, the commerce minister said on Sunday, a volume that may be big enough to make imports unnecessary, reports Reuters...

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    Mobile banking helps financial inclusion of poor: speakers

    Staff Correspondent | Updated at 11:53pm on December 18, 2016

    Rural household can have access to financial institutions through mobile banking that will help them improve their consumptions and savings, said speakers at a seminar in Dhaka on Sunday...

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    Govt offloading 10pc more shares of DESCO

    Staff Correspondent | Updated at 11:50pm on December 18, 2016

    Bangladesh Power Development Board, one of the corporate sponsors of Dhaka Electric Supply Company, on Sunday announced that it would offload another 10 per cent or 2.93 crore shares of DESCO out of its total holdings in the entity...

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    Import payments rise by 17.84pc in Nov

    Staff Correspondent | Updated at 11:43pm on December 18, 2016

    The country’s import payments registered a 17.84-per cent growth in November against a 5.77-per cent growth in the corresponding month a year ago...