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    Fund raising by cos through IPOs hits 6-yr low in 2016

    HM Murtuza | Updated at 10:14pm on December 23, 2016

    Fund raising from the capital market hit six-year low in the outgoing calendar year as only eight companies raised Tk 659.30 crore through initial public offering during the period...

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    Stocks rebound strongly after two-day fall

    Staff Correspondent | Updated at 11:25pm on December 22, 2016

    Dhaka stocks returned positive on Thursday, the last trading session of the week, after decline in the previous trading session amid provisioning rules relaxation by the market regulator for the brokerage houses and merchant banks...

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    Abul Kashem elected DCCI president

    Staff Correspondent | Updated at 11:23pm on December 22, 2016

    Abul Kasem Khan, director of Chittagong-based AK Khan & Company Ltd, has been elected president of the Dhaka Chamber of Commerce and Industry for 2017...

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    Govt to give cash incentive to IT exporters: Tofail

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:21pm on December 22, 2016

    Commerce minister Tofail Ahmed on Thursday said the government would provide cash incentives to IT exporters. ‘IT is one of the top priority sectors which is being encouraged to increase country’s export earning,’ he said while inaugurating ‘Digital IT Fair-2016’ as chief guest...

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    Govt to change merger, bankruptcy law for banks in 2 years: Muhith

    Staff Correspondent | Updated at 11:19pm on December 22, 2016

    Finance minister AMA Muhith on Thursday said the government would change the merger- and bankruptcy-related law for the banks within the next two years to improve the country’s banking sector...

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    Muhith agrees with travel agents’ plan to shift VAT liability to air passengers

    Jasim Uddin | Updated at 11:16pm on December 22, 2016

    Finance minister Abul Maal Abdul Muhith has agreed on a proposal of the Association of Travel Agents of Bangladesh for shifting the liability of value-added tax on their commission earnings to passengers and collecting the VAT adding with ticket price...

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    PM to launch dot bangla domain Dec 31

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:14pm on December 22, 2016

    The much-awaited dot bangle (.bangla) domain would be unlocked for the people on December 31. ‘Prime minister Sheikh Hasina has given her consent to inaugurate the dot bangla domain on December 31 at a ceremony at Ganabhaban,’ Posts and Telecommunications Division secretary Faizur Rahman Chowdhury said on Thursday...

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    NBR to set up 7 human body scanners at 3 int’l airports

    Shakhawat Hossain | Updated at 10:45pm on December 22, 2016

    The government would set up seven ‘human scanning devices’ at the country’s three international airports to strengthen security and check any possible sabotage...

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    Nokia sues Apple for infringing technology patents

    Reuters | Updated at 09:20am on December 22, 2016

    Finland's Nokia Corp said on Wednesday it had sued Apple Inc, accusing the iPhone maker of violating 32 technology patents...

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    Modi losing friends as anger grows over Indian cash crackdown

    Reuters . New Delhi | Updated at 11:49pm on December 21, 2016

    A leading political ally of Narendra Modi has abruptly distanced himself from the Indian prime minister’s move to scrap high-value banknotes, as broad initial support for the radical monetary reform showed signs of crumbling...