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    2.02 lakh loan defaulters

    Staff Correspondent | Updated at 05:06pm on June 20, 2017

    Finance minister Abul Maal Abdul Muhith on Tuesday told parliament that the total number of loan defaulters now stands at...

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    Discussion underway to reduce excise duty, VAT: Muhith

    United News of Bangladesh | Updated at 01:38pm on June 20, 2017

    Finance minister AMA Muhith on Tuesday said they were discussing to reduce the amount of excise duty on bank deposits and the...

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    Bangladesh yet to get back $66.37m of stolen BB reserve

    United News of Bangladesh | Updated at 01:29pm on June 20, 2017

    Bangladesh did not get back USD 66.37 million of the stolen money of USD 101 million from Bangladesh Bank reserve till now...

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    GDP growth for outgoing fiscal 2016-2017 estimates at 7.24pc: Muhith

    Bangladesh Sangbad Sangstha | Updated at 12:32pm on June 20, 2017

    Finance minister Abul Maal Abdul Muhith on Tuesday said the gross domestic product growth would be made 7.24 per cent for...

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    Dhaka div DCs, VAT officials highlight challenges

    Staff Correspondent | Updated at 11:29pm on June 19, 2017

    Deputy commissioners of Dhaka Division and field level VAT officials on Monday pointed out a number of challenges including proper calculation of the VAT rate inclusive with the maximum retail price, misuse of the annual turnover limits by traders and non-existence of electronic cash registers at shops in the new VAT regime beginning on July 1....

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    10 more EZs to be ready for investment by December: BEZA

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:25pm on June 19, 2017

    Development of at least 10 more economic zones will be completed by December this year, increasing the number of the completed EZs to 15....

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    LCs for rice import can be opened sans advance

    Staff Correspondent | Updated at 11:24pm on June 19, 2017

    Bangladesh Bank on Monday advised commercial banks to open letters of credit for import of rice without taking any advance payment from the importers with a view to control the prices of the essential product on the local market...

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    Banks urge BB to allow 25pc interest on credit card loans

    Staff Correspondent | Updated at 11:23pm on June 19, 2017

    Commercial banks on Monday requested Bangladesh Bank to allow them to set around 25 per cent interest rate on loans disbursed through credit cards, revising the latest BB guidelines on banks’ credit card operation...

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    Performance deals with SOBs turn into eyewash: economists

    Shakahwat Hossain | Updated at 11:07pm on June 19, 2017

    Annual performance agreements introduced three years ago by the government has failed to improve the performance of the state-owned banks....

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    Stocks rise as investors eye post-Eid prospects

    Staff Correspondent | Updated at 11:06pm on June 19, 2017

    Dhaka stocks rose on Monday as investors, eyeing post-Eid market prospect, started to take fresh position with four working days remaining before Eid holidays...