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    Importers get Tk 17,100cr in duty benefits in FY16: WB

    Jasim Uddin | Updated at 12:05am on September 19, 2018

    The government gave Tk 17,100 crore in duty concessions to importers in financial year 2015-2016 through providing various exemptions and duty waiver on imports, according to a World Bank estimate....

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    Trump imposes tariffs on $200b Chinese goods, Beijing hits back

    Business Desk | Updated at 12:05am on September 19, 2018

    US president Donald Trump has slapped 10 per cent tariff on about $200 billion worth of imports from China with effect from September 24....

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    SKOP wants amendment to draft labour law

    Staff Correspondent | Updated at 12:05am on September 19, 2018

    Sramik Karmachari Oikya Parishad, a platform of workers and employees, on Tuesday demanded time-befitting amendments to the draft labour law to protect the interest of workers....

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    India, US closing in on package deal on trade

    Reuters . New Delhi | Updated at 12:05am on September 19, 2018

    Indian farmers and US manufacturers of medical devices could be among the main winners in a trade package under negotiation, as Washington and New Delhi look to remove long-standing irritants to ties, sources familiar with the talks said....

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    Stocks break 4-day losing streak on bargain hunting

    Staff Correspondent | Updated at 12:05am on September 19, 2018

    Dhaka stocks on Tuesday snapped a four-day losing spell as a section of investors went for bargain hunting, targeting especially financial shares after their recent losses....

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    Visa, Mastercard reach $6.2b settlement over card-swipe fees

    Reuters | Updated at 12:05am on September 19, 2018

    Visa Inc, Mastercard Inc, and a number of US banks on Tuesday agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments....

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    Pakistan’s new govt hikes taxes, cuts spending

    Reuters . Islamabad | Updated at 12:05am on September 19, 2018

    Pakistan’s new government announced cuts in planned development spending and a tax increase for higher earners on Tuesday, unveiling a mini-budget aimed at shoring up an economy in danger of needing another International Monetary Fund bailout....

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    India’s struggle to defend rupee shifts focus to rate hikes

    Reuters . Mumbai | Updated at 12:05am on September 19, 2018

    Investors have increased bets that India’s central bank will need to raise interest rates at least two more times this year to shore up the battered rupee after authorities’ previous efforts to defend the currency failed to sway markets....

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