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    Source tax on exports cut to 0.25pc for all sectors

    Staff Correspondent | Updated at 12:00am on October 22, 2019

    The government on Monday slashed the source tax on export proceeds for all sectors, including readymade garment, to 0.25 per cent from 1 per cent...

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    Fallout from Trump’s trade wars felt by economies around world

    Reuters . Washington | Updated at 01:11am on October 21, 2019

    The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan. Central bank governors and finance ministers traded...

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    Boeing wants it to fly, but travellers fear the 737 MAX

    Agence France-Presse . New York, United States | Updated at 01:08am on October 21, 2019

    On September 12, Boeing started putting out 30-second videos in which employees tout its planes’ safety, hoping to reassure travellers about the 737 MAX that has been grounded worldwide since...

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    IMF chief pushes for ‘peer pressure’ to follow, fix global trade rules

    Reuters . Washington | Updated at 01:06am on October 21, 2019

    International Monetary Fund members discussed ways to increase ‘peer pressure’ on countries to follow and improve global trade rules to reduce growth-sapping uncertainty, IMF...

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    Elias becomes Jamuna Bank MD

    Business Desk | Updated at 01:04am on October 21, 2019

    Mirza Elias Uddin Ahmed has been appointed the managing director and CEO of Jamuna Bank with effect from October 21, 2019, said a press release. Prior to the appointment, Elias had served the...

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    IMF to examine climate risk to financial markets

    Reuters . Washington | Updated at 01:02am on October 21, 2019

    The International Monetary Fund was examining the impact of climate on the world’s financial markets and whether it was priced into market valuations, the head of the global lender’s markets...

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    BEZA launches one-stop service centre today

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:59am on October 21, 2019

    Bangladesh Economic Zones Authority is set to launch its ‘One Stop Service Centre’ formally today for providing all the necessary services to investors of the economic zones under...

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    Stocks gain slightly in cautious trading

    Staff Correspondent | Updated at 12:58am on October 21, 2019

    Dhaka stocks gained marginally on Sunday despite a fall in share prices of most of the scrips and investors’ participation as some institutional investors went for bargain hunting targeting the...

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    NBR aims to cut export-import process completion time to 1-2 days in 3yrs

    Staff Correspondent | Updated at 12:56am on October 21, 2019

    The National Board of Revenue has set a target of reducing the time for completing import procedures to two days and that for export procedures to one day by 2022. On average, releasing imported goods...

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    BTRC appeals against HC injunction

    Staff Correspondent | Updated at 12:54am on October 21, 2019

    The Bangladesh Telecommunication Regulatory Commission on Sunday filed an appeal against the High Court’s injunction for two months on realisation of Tk 12,579.95 crore in audit claim from...