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    BIN issuance goes online March 15

    Staff Correspondent | Updated at 10:04pm on March 04, 2017

    The issuance of online business identification number (BIN) is set to begin on March 15 as part of digitisation of the country’s value-added tax system and implementation of the new VAT act from July 1...

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    Govt body advises BB to assess capital account convertibility option

    AKM Zamir Uddin | Updated at 10:03pm on March 04, 2017

    A government committee has advised Bangladesh Bank to review whether Bangladesh could adopt full capital account convertibility (CAC) allowing local businesses to make overseas investment...

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    NBR reluctant to refund excess income tax paid by taxpayers

    Jasim Uddin | Updated at 09:48pm on March 04, 2017

    Taxpayers hardly get any cash refund of income tax they paid in excess amount due to ‘negative mindset’ of the officials concerned of the National Board of Revenue and procedural complexities of refund system...

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    Japan consumer prices rise for first time in year

    Reuters . Tokyo | Updated at 10:40pm on March 03, 2017

    Japan’s core consumer prices rose for the first time in over a year in January thanks to a pickup in energy costs, but a slump in household spending showed why economic growth and inflation have lagged the more ambitious goals set out by policymakers...

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    Eurozone private sector business growth near six-year high

    Business Desk | Updated at 10:38pm on March 03, 2017

    Eurozone private sector business activity rose at its quickest pace in nearly six years in February, accelerating across all major economies with job creation reaching its fastest in almost a decade, surveys showed on Friday, reports Reuters...

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    US jobless claims near 44-yr low

    Reuters . Washington | Updated at 10:36pm on March 03, 2017

    The number of Americans filing for unemployment benefits fell to near a 44-year low last week, pointing to further tightening of the labour market even as economic growth appears to have remained moderate in the first quarter...

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    Samsung chief’s trial to start on Mar 9

    Business Desk | Updated at 10:33pm on March 03, 2017

    Samsung Group leader Jay Y Lee will go on trial for bribery and embezzlement on Thursday, a court said, amid a corruption scandal that has rocked South Korea and led to the impeachment of the president, reports Reuters...

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    43,000 new BO accounts in 5 months

    HM Murtuza | Updated at 10:31pm on March 03, 2017

    The number of beneficiary owners’ accounts has increased by 43,000 in last five months amid a surge in the stock prices at the country’s bourses...

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    Bangladesh urges UN to help LDCs implement SDGs

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:29pm on March 03, 2017

    Expressing concern over the decline of development related supports to least developed countries, Bangladesh has urged UN Development System to provide more financial and technical assistance to the LDCs in implementing sustainable development goals...

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    Prices of beef, mutton increase further

    Staff Correspondent | Updated at 10:28pm on March 03, 2017

    The prices of beef and mutton increased further and the items were selling at exorbitant prices in the city’s kitchen markets over the week ending Friday...