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    ACC blames NBR for certifying wealth statement improperly

    Staff Correspondent | Updated at 11:17pm on January 18, 2017

    The Anti-Corruption Commission has said the anti-graft body cannot inquire into the source of wealth of people as the tax authorities certify the wealth statement without taking the actual price of property into consideration...

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    Mobile industry contributes $13b to B’desh economy in 2015: GSMA

    Staff Correspondent | Updated at 11:15pm on January 18, 2017

    Mobile industry is expected to generate $17 billion of economic value in Bangladesh within 2020 given that the government will adopt right policy for the sector, forecasted the GSMA, a London-based trade body of worldwide mobile operators...

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    53pc of BASIC’s SME loans now defaulted

    AKM Zamir Uddin | Updated at 11:09pm on January 18, 2017

    Fifty three per cent of SME loans worth Tk 5,359.07 crore has become defaulted at the scam-hit BASIC Bank against its disbursed SME loans of Tk 9,988.35 crore at the end of September, 2016 as the bank earlier disbursed the loans violating rules and regulations...

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    Investment-GDP ratio to be 32pc in two years: Muhith

    Staff Correspondent | Updated at 01:47am on January 18, 2017

    Finance minister AMA Muhith has said the country’s investment-GDP ratio will reach to 32 per cent with the next two years and the export growth might cross double-digit within the current fiscal year...

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    BSEC fines Alliance Securities Tk 50 lakh

    Staff Correspondent | Updated at 01:44am on January 18, 2017

    The Bangladesh Securities and Exchange Commission on Tuesday fined Alliance Securities & Management Limited, a brokerage firm of Dhaka Stock Exchange, Tk 50 lakh for breaching rules in providing margin loans worth around Tk 27.60 crore...

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    No of mobile subscribers rise for 2nd month after June-Aug setback

    Staff Correspondent | Updated at 01:41am on January 18, 2017

    The number of active mobile subscribers rose for the second month in October with telecom operators adding 8.56 lakh users in the month as the issue of biometric re-registration of SIM settled down, said BTRC officials...

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    Mostafa elected BCI president

    Staff Correspondent | Updated at 01:35am on January 18, 2017

    Mostafa Azad Chowdhury Babu, managing director of Motahar Group of Industries, on Tuesday was elected president of the Bangladesh Chamber of Industries for the 2017-2019 term...

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    ‘Brotherly nation’ India’s anti-dumping duty on jute disappointing: Tofail

    Staff Correspondent | Updated at 01:33am on January 18, 2017

    Commerce minister Tofail Ahmed has said the decision of the ‘brotherly nation’ India to impose anti-dumping duty on import of jute and jute products from Bangladesh is ‘disappointing’...

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    BPC to award today Technip Tk 257cr deal sans tender

    Manjurul Ahsan | Updated at 01:30am on January 18, 2017

    The state-run Bangladesh Petroleum Corporation, bypassing tenders, will today sign a €30.75 million, equivalent to Tk 257 crore, contract with French company Technip to prepare the engineering design for a refinery unit with a capacity of processing three million tonnes of crude oil every year...

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    DSE market cap hits all-time high as stocks are on fire

    HM Murtuza | Updated at 01:28am on January 18, 2017

    The market capitalisation of Dhaka Stock Exchange on Tuesday hit all-time high as its key index skyrocketed for another trading session as investors continued to inject funds into the booming market...