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    Rod, steel product prices may go up after new VAT law comes into effect

    Staff Correspondent | Updated at 11:18pm on April 05, 2017

    Prices of some products, mostly steel products, may increase after implementation of the new value-added tax law from July 1, an impact analysis of the National Board of Revenue found...

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    Bourses may hold 70pc shares of clearing company

    HM Murtuza | Updated at 11:16pm on April 05, 2017

    Dhaka and Chittagong stock exchanges may get up to 70 per cent stake of the clearing and settlement company (CASC) or central counterparty that would be formed for smooth settlement of securities including debt, equity and derivative products of the capital market...

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    BB revises banks’ investment limit in bonds

    Staff Correspondent | Updated at 11:15pm on April 05, 2017

    Bangladesh Bank on Wednesday revised ceiling on banks’ investment in bonds and debentures in line with Bank Company Act (amended) 2013...

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    Trade deficit soars to $6b in 8 months

    AKM Zamir Uddin | Updated at 11:12pm on April 05, 2017

    The country’s trade deficit soared by 45.39 per cent to $6.08 billion in the first eight months of the current financial year 2016-17 compared with that of $4.18 billion in the corresponding period of the FY16 as import payment growth is outpacing export earning growth by a long margin this FY...

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    Exports rebound in Mar

    Staff Correspondent | Updated at 11:08pm on April 05, 2017

    Country’s export earnings rebounded in March of the current financial year 2016-17 overcoming the negative earnings growth of the month of February and slow growth in previous couple of months...

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    Stocks gain for second day on foreign investment reports

    Staff Correspondent | Updated at 11:21pm on April 04, 2017

    Dhaka stocks gained for second day on Tuesday riding on large capitalised scrips, especially that of banks and non-bank financial institutions, amid media reports about rise in foreign investment in the country’s capital market...

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    WhatsApp mulls foray into digital payments with India launch

    Business Desk | Updated at 11:20pm on April 04, 2017

    Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country, reports Reuters..

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    BSEC may issue cyber security guidelines for listed cos

    Staff Correspondent | Updated at 11:19pm on April 04, 2017

    Bangladesh Securities and Exchange Commission is likely to consider issuing separate guidelines on ensuring cyber security of the listed companies amid growing tension following Bangladesh Bank’s reserve heist in 2016...

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    Govt, owners, labour leaders agree not to raise RMG sector problems in int’l forums

    Staff Correspondent | Updated at 11:18pm on April 04, 2017

    The government, garment factory owners and labour leaders on Tuesday agreed not to raise country’s labour problems in the international forums, rather they would resolve the issues through discussion...

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    CAB demands budget friendly to consumers

    Staff Correspondent | Updated at 11:18pm on April 04, 2017

    Consumer Association of Bangladesh on Tuesday demanded a consumer friendly budget for the next fiscal, now barely four months away. Presenting proposals for the coming budget at a news conference at Dhaka Reporters’ Unity, CAB president Golam Rahman reminded the government that the consumers’ spending patterns was the main driving force of the economy...