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    Vivo to invest $559m in India

    Reuters . Mumbai | Updated at 12:00am on December 14, 2018

    Chinese smartphone maker Vivo on Thursday said that it had acquired 169 acres of land in Uttar Pradesh and would spend 40 billion rupees ($559 million) to set up its second local plant in India.The land is located near Vivo’s existing 50-acre manufacturing facility....

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    Afghanistan opens new trade route with aim of building link to Europe

    Reuters . Herat | Updated at 12:00am on December 14, 2018

    Afghanistan on Thursday opened a new international trade route aimed at establishing direct access to Central Asian and Europe as it seeks to build up an economy wrecked by decades of war and reduce reliance on Pakistan....

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    Dementia puts financial assets of Japan elderly at risk

    Reuters . Tokyo | Updated at 12:00am on December 14, 2018

    Yumiko Okubo, 71, had forgotten how to heat up food.‘What’s a microwave?’ she asked her husband, Eiichi....

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    HC bars call rate hike sans public consultation

    Staff Correspondent | Updated at 05:26pm on December 13, 2018

    The High Court on Thursday imposed a ban on hiking the mobile phone call rate without holding public consultations and charging subscribers for dropped calls...

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    Brexit Britain’s financial sector faces ‘slow puncture’

    Reuters . London | Updated at 12:00am on December 13, 2018

    Life in London’s financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centres like Paris, Frankfurt and Dublin....

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    Dhaka stocks drop for 5th day on polls-centric violence

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Dhaka stocks dropped for the fifth consecutive session on Wednesday as investors continued selling shares as polls-centric unrests at different places in the country in the previous day dampened investors’ mood, market operators said....

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    Non-payment money against LCs tarnishing country’s image: ICCB

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Non-payment of money on time to foreign banks by a number of local banks against letters of credit is affecting country’s image very badly in the global arena, said International Chamber of Commerce Bangladesh president Mahbubur Rahman....

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    ABB defends bankers over rising defaulted loans in banks

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Association of Bankers, Bangladesh on Wednesday said that the bankers should not only to be blamed for the rising non-performing loans in the country’s banking sector....

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    Rupali Chowdhury becomes BPMA president

    Business Desk | Updated at 12:00am on December 13, 2018

    Berger Paints Bangladesh Limited managing director Rupali Chowdhury has been elected as the president of Bangladesh Paint Manufacturer’s Association (BPMA) for 2019-2020, said a press release....

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    BTRC may fine telcos for charging subscribers without their consent

    Staff Correspondent | Updated at 12:00am on December 13, 2018

    Bangladesh Telecommunication Regulatory Commission has initiated a move to impose fine on the mobile operators and value‑added service providers if they are found charging subscribers without their consent for any services including VAS....

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