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    Mobile banking service a farce, says former BB governor

    Staff Correspondent | Updated at 11:18pm on February 09, 2017

    Former Bangladesh Bank governor Mohammed Farashuddin on Thursday termed the mobile banking service a farce and criticised its providers for charging excessively high on the service...

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    Trade deficit swells by 25pc in H1

    AKM Zamir Uddin | Updated at 11:16pm on February 09, 2017

    The country’s trade deficit increased by 25 per cent to $4.51 billion in the first half of the current financial year 2016-17 compared with that of $3.60 billion in the corresponding period of the FY16...

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    Pvt sector urged to play role to help achieve SDGs

    Staff Correspondent | Updated at 11:06pm on February 09, 2017

    Policy makers and experts from the Asia and Pacific region on Thursday urged the private sector to come forward with specific planning to help achieve sustainable development goals (SDGs) through integration of their activities with the priority areas of the global agenda...

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    REHAB fair begins in Chittagong

    Our Correspondent . Chittagong | Updated at 11:19pm on February 08, 2017

    A four-day housing and real estate fair began in Chittagong city on Wednesday to promote sales of affordable flats and plots...

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    Stocks soar as nerves settle after BB warning

    Staff Correspondent | Updated at 11:18pm on February 08, 2017

    Dhaka stocks surged on Wednesday, the third trading session in a row, with the turnover on the bourse hitting almost Tk 900 crore as last couple of trading sessions’ bargain hunting turned into optimistic purchasing...

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    NBR not to seek VAT in advance from traders

    Jasim Uddin | Updated at 11:16pm on February 08, 2017

    The National Board of Revenue has barred the field offices from asking the value-added taxpayers to deposit VAT in advance to the government exchequer...

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    Alliance-linked factories complete 68pc of repairs

    Staff Correspondent | Updated at 11:15pm on February 08, 2017

    The Alliance for Bangladesh Worker Safety, a consortium of North American fashion retailers and buyers, on Wednesday said that the 68 per cent of all required repairs across active Alliance-linked factories had been completed so far...

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    B’desh to become 28th economy in 2030: PwC

    Staff Correspondent | Updated at 11:12pm on February 08, 2017

    Bangladesh will become the third fastest growing economy and 23rd biggest economy in the world by 2050 with the size of the gross domestic product at purchasing power parity at $3,064 billion, according to a latest global report...

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    Monopoly situation prevails in MFS market: BB official

    Staff Correspondent | Updated at 11:06pm on February 08, 2017

    Bangladesh Bank will revise the existing guidelines of the mobile financial services as it found ‘monopolistic situation’ in the mobile banking market with bKash capturing the lion’s share both in transaction number and value, said an official on Wednesday...

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    President for joint effort to eradicate poverty in Asia-Pacific region

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:03pm on February 08, 2017

    President Md Abdul Hamid on Wednesday underscored the need for giving special priority and joint efforts to eradicate poverty to build a happy and prosperous in Asia and Pacific region...