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    B’desh seeks duty-free market access to Brazil

    Staff Correspondent | Updated at 10:36pm on December 07, 2016

    Commerce minister Tofail Ahmed on Wednesday called on Brazil to provide duty- and quota-free access of Bangladeshi products to that country for reducing the trade gap between the states...

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    India cuts growth forecast as demonetisation bites

    Press Trust of India . Mumbai | Updated at 10:34pm on December 07, 2016

    The Reserve Bank of India on Tuesday cut the economy’s expansion forecast for current fiscal to 7.1 per cent, from the earlier 7.6 per cent, saying that short-term disruption in economic activity and demand compression arising out of demonetisation have led to downside risks to growth...

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    Mobile users’ number rises in Sept after 3-month fall

    Staff Correspondent | Updated at 10:33pm on December 07, 2016

    The number of country’s active mobile phone users rose in September after three months as the mobile phone companies were losing subscribers following biometric SIM registration...

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    Petrobangla, Daewoo ink PSC for deep sea block-12

    Staff Correspondent | Updated at 10:32pm on December 07, 2016

    The state-run Petrobangla on Wednesday initialed a production sharing contract with Thailand-based Posco Daewoo Corporation for oil and gas exploration in the deep sea block- 12...

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    Trade deficit rises to $ 2.77b in Jul-Oct

    AKM Zamir Uddin | Updated at 10:27pm on December 07, 2016

    The country’s trade deficit increased by 12.52 per cent to US$ 2.77 billion in the first four months of the current financial year of 2016-17 compared with that of US$ 2.46 billion in the corresponding period of FY16...

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    Labour force demand to rise by 80pc in 10yrs: BIDS study

    Staff Correspondent | Updated at 10:17pm on December 07, 2016

    The demand for skilled, semi-skilled and unskilled workers will be 1.71 crore in the fiscal year 2025-26 for selected nine sectors in the country, 80 per cent up from the demand in the last fiscal year, according to a study of the Bangladesh Institute of Development Studies...

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    South Korean industry titans harangued in scandal probe

    Agence France-Presse. Seoul | Updated at 11:09pm on December 06, 2016

    South Korea’s most powerful tycoons, including de facto Samsung chief Lee Jae-Yong, stammered and squirmed Tuesday under a verbal assault from a parliamentary committee probing a corruption scandal that has riveted the nation...

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    Stocks positive for 2nd day amid fresh rise of bank, NBFI shares

    Staff Correspondent | Updated at 11:08pm on December 06, 2016

    Dhaka stocks increased for the second trading session on Tuesday as investors continued with optimistic purchasing amid their fresh attention on banks’ and non-bank financial institutions’ scrips. The key index of Dhaka Stock Exchange, DSEX, finished at 4,846.09 points, adding 0.20 per cent or 9.76 points...

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    ADP spending stands 19pc in five months

    Staff Correspondent | Updated at 11:05pm on December 06, 2016

    Progress in implementation of the annual development programme is still in the lowest quarter even after five months of the current fiscal year though the implementation rate increased a little in July-November period of the year...

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    Inflation drops in Nov

    Staff Correspondent | Updated at 11:02pm on December 06, 2016

    Point-to-point inflation declined by 0.19 percentage points to 5.38 per cent in November, the lowest in the current fiscal year, from that of previous month due mainly to fall in prices of both food and non-food items, according to data of the Bangladesh Bureau of Statistics...