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    Lending rates cut further to 9.77pc

    Staff Correspondent | Updated at 10:31pm on April 03, 2017

    Scheduled banks cut their rates of interest on lending further in February, the 26th month in a row, as the businesspeople were reluctant to borrow from banks amid a dull business situation in the country, said Bangladesh Bank officials...

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    BTRC to suggest rates at 1.50-1.60 US cents

    HM Murtuza | Updated at 10:16pm on April 03, 2017

    The Bangladesh Telecommunication Regulatory Commission is likely to recommend that the telecom ministry lower the rates for international call termination by international gateway operators to 1.50-1.60 US cents from the existing 2 US cents...

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    Islami Bank’s poor dividend sends stocks to red for 3rd day

    Staff Correspondent | Updated at 10:07pm on April 02, 2017

    Dhaka stocks declined for the third trading session on Sunday as investors continued to ditch banking sector shares after being dissatisfied with the poor dividend declaration by Islami Bank...

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    Nabi joins ONE Bank as DMD

    Business Desk | Updated at 10:06pm on April 02, 2017

    Mahmoodun Nabi Chowdhury has recently joined ONE Bank as deputy managing director and head of corporate asset marketing, said a news release...

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    IFAD invests $129m in two projects

    Staff Correspondent | Updated at 10:04pm on April 02, 2017

    International Fund for Agricultural Development (IFAD) will invest $129 million in two projects to support small farmers and develop a community-based flood information system in the country...

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    Banks can give more than Tk 10 lakh in loan

    Staff Correspondent | Updated at 10:03pm on April 02, 2017

    Bangladesh Bank on Sunday said that the banks would be allowed to disburse loan more than Tk 10 lakh to new entrepreneurs of cottage, micro and small sector by taking credit under the refinance schemes operated by the central bank...

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    NBR prepares massive expansion plan

    Staff Correspondent | Updated at 10:01pm on April 02, 2017

    The National Board of Revenue has prepared a massive expansion plan, particularly for its income tax wing, to manage the increasing number of taxpayers and provide them with better services in coming years...

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    Ethical investment tide lifts ‘greenwash’ concerns

    Reuters . Sydney | Updated at 10:00pm on April 02, 2017

    Investors are ploughing ever more into ethical funds to back their views on issues such as global warming and gender equality, but such investments can be confusingly similar to standard funds, except for higher fees and ‘green halo’ marketing...

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    ICT firms to be allowed to remit abroad $30,000 a year

    Staff Correspondent | Updated at 09:59pm on April 02, 2017

    Bangladesh Bank on Thursday said that the owners of ICT and software firms, who are members of Bangladesh Association of Software and Information Services (BASIS), will be allowed to remit abroad $30,000 in a calendar year from the earlier ceiling of $25,000 to meet their business purpose...

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    Labour issues to be top on TICFA meeting agenda

    Staff Correspondent | Updated at 09:57pm on April 02, 2017

    Workplace safety and worker rights issues would be high on the agenda for the 3rd meeting of Bangladesh-United States Trade and Investment Cooperation Forum Agreement to be held on May 17 in Dhaka, commerce ministry officials said...

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