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    Questions remain about Davos’ role to make the world better

    Agence France-Presse . Geneva | Updated at 12:00am on January 21, 2019

    Klaus Schwab, who founded the World Economic Forum (WEF), has said his childhood during World War II inspired him to build an organisation that would make the world a better place....

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    China set to post slowest growth in 28yrs in 2018, more stimulus seen

    Reuters . Beijing | Updated at 12:00am on January 21, 2019

    China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising US tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown....

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    BERC asked why hiking gas production, transmission charges won’t be declared illegal

    Staff Correspondent | Updated at 08:18pm on January 20, 2019

    The High Court Division on Sunday asked the Bangladesh Energy Regulatory Commission to explain in four weeks why its decision of hiking the charges for...

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    BB to file case by January for stolen reserve

    Staff Correspondent | Updated at 04:45pm on January 20, 2019

    Finance minister AHM Mustafa Kamal said on Sunday that the Bangladesh Bank would sue Rizal Commercial Bank Corp of the Philippines by January for stolen...

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    Fin min wants NBR proposal on corporate tax rate rationalisation

    Jasim Uddin | Updated at 12:00am on January 20, 2019

    Newly-appointed finance minister AHM Mustafa Kamal has asked National Board of Revenue to review the country’s existing income tax rates for corporate and individual taxpayers to make them ‘balanced’ and ‘rationalised’ with a view to boost revenue mobilisation, expand tax net and attract investment....

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    Modi’s pre-poll handouts to cost India billions, breach fiscal targets

    Reuters . New Delhi | Updated at 12:00am on January 20, 2019

    A series of vote-catching measures planned by prime minister Narendra Modi as he braces for a difficult general election may cost more than 1 trillion rupees ($14 billion), two sources with direct knowledge of the matter said....

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    US regulators discuss fining Facebook for privacy violations

    Reuters | Updated at 12:00am on January 20, 2019

    US regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data, the Washington Post reported on Friday, citing three people familiar with the discussions....

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    Dhaka stocks’ rally extends to 5th week

    Staff Correspondent | Updated at 12:00am on January 20, 2019

    Dhaka stocks continued with gains in the past week to extend the bull run to the fifth week as investors kept injecting funds, especially into the financial scrips, while a some others went for profit taking share sales....

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    EPZ Labour Ordinance promulgated

    Staff Correspondent | Updated at 12:00am on January 20, 2019

    President Md Abdul Hamid has promulgated Bangladesh EPZ Labour Ordinance 2019 bringing establishments of Export Processing Zones within the purview of inspection system of labour ministry....

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    Stockbrokers seek liquidation rules for delisted firms

    Mostafizur Rahman | Updated at 12:00am on January 20, 2019

    Dhaka Stock Exchange Brokers Association has requested market regulator Bangladesh Securities and Exchange Commission to set liquidator with the task of liquidating a delisted company, paying back its loans and buying back its public shares....