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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...

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    Remittance drops for 7th month

    Staff Correspondent | Updated at 10:21pm on February 01, 2017

    Monthly remittance inflow in year-on-year basis dropped in January, for the seventh month in a row, as non-resident Bangladeshis continued to send money through illegal channel, hundi, because of lower rate of US dollar in banks...

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    Stocks return to positive zone amid bargain hunting

    Staff Correspondent | Updated at 11:16pm on January 31, 2017

    Dhaka stocks increased on Tuesday, breaking the falling streak of last four trading sessions, amid a section of investors’ bargain hunting, especially those of bank and non-bank financial institutions scrips...

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    Lack of clarity in laws, disparity obstacle to ensuring ease of doing business: FICCI

    Staff Correspondent | Updated at 11:14pm on January 31, 2017

    Foreign Investors’ Chamber of Commerce and Industry on Tuesday said absence of level playing field for the foreign investors and lack of clarity in laws are major obstacles in Bangladesh for improving state of doing business...

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    MCCI wants clear, stable VAT policy

    Staff Correspondent | Updated at 11:12pm on January 31, 2017

    The Metropolitan Chamber of Commerce and Industry on Tuesday sought an assurance from the government about three things including a uniform application of the law during the new VAT law regime...

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    BB improperly keeps credit growth target unchanged: BGMEA

    Staff Correspondent | Updated at 11:11pm on January 31, 2017

    The Bangladesh Garment Manufacturers and Exporters Association on Tuesday said Bangladesh Bank improperly kept the private sector credit growth target unchanged in the half-yearly monetary policy...

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    Reform package to ease doing business unveiled

    Staff Correspondent | Updated at 11:09pm on January 31, 2017

    The government has taken a package of reforms that includes curtailing time to complete the process for starting a business to seven days with the aim of raising the country’s position in the global doing business index...

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    FBCCI wants NPLs, capital flight curbed

    Staff Correspondent | Updated at 11:02pm on January 31, 2017

    The Federation of Bangladesh Chambers of Commerce and Industry on Tuesday demanded that Bangladesh Bank takes immediate step to reduce non-performing loans and curb money laundering to boost investment in the country...

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    Stocks slump continues on indiscriminate sales

    Staff Correspondent | Updated at 12:11am on January 31, 2017

    Dhaka stocks slumped for another trading session on Monday, extending the market’s free-fall to fourth consecutive session, as investors continued with panic-driven share sales following Bangladesh Bank’s warning of tighter market monitoring...

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    NRBs can open FC deposit accounts

    Staff Correspondent | Updated at 12:10am on January 31, 2017

    Bangladesh Bank on Monday said that Non-Resident Bangladeshis and persons of Bangladesh origin who have dual nationality and are residing abroad will be permitted to open Non-Resident Foreign Currency Deposit (NFCD) accounts with the banks...