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    BB relaxes use of int’l credit, prepaid cards by EPZ enterprises’ top execs

    Staff Correspondent | Updated at 11:15pm on January 12, 2017

    Bangladesh Bank on Thursday said that three top executives of each of the firms located in the export processing zones and economic zones would be allowed to use international debit and prepaid cards while travelling abroad for business purposes...

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    World food prices fall in 2016 for fifth year: FAO

    Business Desk | Updated at 11:13pm on January 12, 2017

    World food prices fell for a fifth straight year in 2016 as losses in cereals, meat and dairy outweighed rises in sugar and vegetable oils, the United Nations food agency said on Thursday, reports Reuters...

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    Islami Bank won’t turn into BASIC Bank: new chair

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

    Arastoo Khan, the new chairman of Islami Bank Bangladesh Limited, on Thursday ruled out the possibility of the bank ever being in a situation like the scam-hit BASIC Bank...

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    Income tax collection falls Tk 2,651cr short of target in Jul-Nov

    Jasim Uddin | Updated at 11:09pm on January 12, 2017

    The government’s income tax collection fell short of target by Tk 2,651 crore in the first five months of the current fiscal year 2016-17...

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    Three-day tea expo starts in city

    Staff Correspondent | Updated at 11:02pm on January 12, 2017

    A three-day tea exposition began in the city on Thursday to exhibit different types of tea. Finance minister AMA Muhith inaugurated the expo at the International Convention City, Bashundhara...

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    Independent directors galore in IBBL with 2 more in pipeline

    AKM Zamir Uddin and HM Murtuza | Updated at 04:12pm on January 12, 2017

    Islami Bank Bangladesh has decided to appoint two more independent directors to its board taking the total number of independent ones to nine amid the continuous reshuffle in the country’s largest private bank...

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    Uncertainty over Trump policy clouds global outlook: WB

    Agence France-Presse . Washington | Updated at 11:18pm on January 11, 2017

    The World Bank on Tuesday pared back its global growth estimate for 2017, but uncertainty about the economic policies of US president-elect Donald Trump is clouding the outlook...

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    Dhaka stocks skyrocket for 3rd day as bank shares shine

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

    Dhaka stocks gained on Wednesday, extending the surge to the third day, with the key index of Dhaka Stock Exchange crossing 5,300-points mark as investors went for buying financial stocks heavily...

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    Teletalk signs deals with Nokia, Alcatel-Lucent for network expansion

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:15pm on January 11, 2017

    State-owned mobile phone operator Teletalk has teamed up with NOKIA and Alcatel-Lucent-Shanghai Bel to spread out its network under a modernisation and expansion project...

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    NBR fires 2 officials on charge of corruption

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

    The National Board of Revenue on Wednesday sent an assistant revenue officer (ARO) to compulsory retirement for stealing gold bar and gold ornaments from Dhaka customs warehouse and dismissed two others from service for involvement in corruption...