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    Bank lending rate goes down for 24th month in a row

    Staff Correspondent | Updated at 11:00pm on February 03, 2017

    Scheduled banks cut their rates of interest on lending further in December, the 24th month in a row, as the businesspeople were still reluctant to borrow from banks amid a dull business situation in the country, said Bangladesh Bank officials...

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    DCCI urges govt to engage pvt sector with infrastructure dev

    Staff Correspondent | Updated at 01:18am on February 03, 2017

    The Dhaka Chamber of Commerce and Industry on Thursday urged the government to engage the private sector with the infrastructural development, especially in building road and railway communications, to reach target of Vision 2021...

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    Most int’l orgs ignore NBR’s order to surrender passbooks

    Jasim Uddin | Updated at 01:14am on February 03, 2017

    The National Board of Revenue is going to take legal actions against the international organisations and development partners which have failed to surrender or renew the customs passbooks of their 395 non-Bangladeshi staff within the January 31 deadline...

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    Dhaka stocks inch up as banks, NBFIs face share sell-offs

    Staff Correspondent | Updated at 10:42pm on February 01, 2017

    Dhaka stocks on Wednesday managed to inch up despite increase in share prices of almost two-third traded scrips amid decline of bank and non-bank financial scrips...

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    Net foreign investment at DSE falls by 52pc in Jan

    Staff Correspondent | Updated at 10:41pm on February 01, 2017

    Net overseas investments at the Dhaka Stock Exchange fell by 52 per cent or Tk 200 crore compared with that in the previous month mainly due to increased share sales by them...

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    WB okays $300m for grassroots level dev

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:40pm on February 01, 2017

    The World Bank has approved $300 million financing to empower the local governments at grassroots level with discretionary funds that would also enable communities decide and implement local development priorities...

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    Govt to give Tk 32.9cr in incentives for Aus production

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:36pm on February 01, 2017

    The government has allocated Taka 32.90 crore for providing agricultural assistance among the small and marginal farmers to raise aus production during the current summer season...

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    BRAC to cut foreign donation dependency to 10pc

    Staff Correspondent | Updated at 10:34pm on February 01, 2017

    BRAC is planning to bring down the dependency on foreign donors to 10 per cent by 2020 to become financially sustainable as global funding in the sector started to dry up in recent years, high officials of the organisation said on Wednesday...

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    NBR units list 65 businesses to conduct jt audit

    Staff Correspondent | Updated at 10:32pm on February 01, 2017

    The two large taxpayers units (LTU) of the National Board of Revenue have selected 65 corporate business entities for conducting joint audit on their income tax and value-added tax returns, officials said...

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    BASIS software expo begins

    Staff Correspondent | Updated at 10:29pm on February 01, 2017

    A four-day ‘BASIS SOFTEXPO 2017’ began in the city on Wednesday to stimulate growth of information and communication technology industry through promotion and development, invention and research...