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    Draft eyes full remediation by July ’18

    Staff Correspondent | Updated at 02:29am on September 29, 2017

    The government in association with the International Labour Organisation has drafted a time-bound remediation strategy for the readymade garment sector, setting a July 2018 timeframe for completing overhaul of all RMG factories in the country...

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    BTRC decides not to cooperate with Robi for non-compliance

    HM Murtuza | Updated at 02:28am on September 29, 2017

    Bangladesh Telecommunication Regulatory Commission has initiated a move to refrain from supporting and giving any sort of approval to mobile phone operator Robi Axiata Limited for non-compliance with a BTRC order....

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    NBR tax collection rises by 27pc in July

    Staff Correspondent | Updated at 02:28am on September 29, 2017

    Revenue collection by the National Board of Revenue grew by 27.05 per cent in July, the first month of the current fiscal year 2017-2018, on a strong growth in customs duty and value-added tax....

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    Big rice exporters woo Bangladesh as prices slip in India, Thailand

    Reuters . Bengaluru | Updated at 02:24am on September 29, 2017

    Rice prices dipped this week in the Asian hubs of India and Thailand, but prospects of new deals with flood-ravaged Bangladesh could reinvigorate sluggish markets for the staple grain amongst top exporters in the region....

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    Stocks end six-day losing streak riding on banking shares

    Staff Correspondent | Updated at 02:23am on September 29, 2017

    Dhaka stocks returned to positive on Thursday, the last trading session of the week, after being on the decline for six trading sessions amid volatile trading, mainly due to rise in share prices of some large capitalised scrips, especially the banking shares..

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    GP, BRAC to expand safe internet awareness among students

    Business Desk | Updated at 02:21am on September 29, 2017

    Grameenphone on Thursday announced that it was going to expand its campaign of raising awareness on safe internet usage with the partnership of BRAC, said a news release...

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    No poor people in Bangladesh by 2024: Muhith

    United News of Bangladesh | Updated at 02:40pm on September 28, 2017

    Finance minister Abul Maal Abdul Muhith on Thursday said that there would be no poor people in the country by 2024...

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    Stocks refinance scheme extended by 2yrs with reduced interest rate

    Mostafizur Rahman | Updated at 11:18pm on September 27, 2017

    The government extended the tenure of capital market refinancing scheme by two more years, cutting interest rate on loans from the scheme by 1.5 per cent to 6 per cent...

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    BB lowers provision for unclassified agro, micro credits

    Staff Correspondent | Updated at 11:16pm on September 27, 2017

    Bangladesh Bank on Wednesday asked banks to keep one per cent general provision, instead of the existing 2.5 per cent, against all unclassified short-term agricultural and micro credits..

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    Banks, NBFIs asked to spend more CSR fund for tourism sector dev

    Staff Correspondent | Updated at 11:15pm on September 27, 2017

    Bangladesh Bank on Wednesday suggested that all banks and non-bank financial institutions should increase allocation and financial assistance significantly for the development of the tourism sector in the country from their corporate social responsibility fund...