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Govt sets FY18 export target at $37.5b
Staff Correspondent | Updated at 11:33pm on July 30, 2017
The government on Sunday set the export earnings target from goods at $37.50 billion for the current financial year 2017-18, predicting 8.21 per cent growth...
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BTRC recommends drastic hike in ISP licence fees
Staff Correspondent | Updated at 11:13pm on July 30, 2017
Bangladesh Telecommunication Regulatory Commission initiated a move to increase the licence acquisition fees of internet service providers drastically following an instruction from the post and...
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ICB causes losses to its MF’s investors to make gains
HM Murtuza | Updated at 12:34am on July 30, 2017
State-run Investment Corporation of Bangladesh has acquired British American Tobacco Bangladesh Company shares worth Tk 25 crore ‘illegally’ from ICB Unit Fund, a mutual fund run...
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Gold price raised by Tk 1,225 a bhori
Staff Correspondent | Updated at 10:18pm on July 28, 2017
Jewellers on Friday raised the price of gold by maximum Tk 1,225 a bhori (11.66 grams). Leaders of Bangladesh Jewellers Samity said the association on Thursday...
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Prices of vegetables, onion go up
Staff Correspondent | Updated at 10:18pm on July 28, 2017
The prices of vegetables and onion increased in the city’s kitchen markets over the week ending Friday. Traders said that prices of the items went...
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Govt to raise limit of foreign stake in jt ventures on freight forwarding
Staff Correspondent | Updated at 10:38pm on July 27, 2017
The government has decided to increase the percentage of share of foreigners in a joint venture company to 49 per cent from the existing 40...
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BB defends NGOs over high charges for farm loans in lacklustre policy unveiling
Staff Correspondent | Updated at 10:36pm on July 27, 2017
Bangladesh Bank on Thursday defended the imposition of a high rate of interest at a range of 24 per cent to 27 per cent on...
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BSEC to send to ICAB reports against two audit firms
Staff Correspondent | Updated at 10:35pm on July 27, 2017
The Bangladesh Securities and Exchange Commission on Thursday decided to send reports to The Institute of Chartered Accountants of Bangladesh against two audit firms for...
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Businesses’ large amount of foreign loans risk for economy
Staff Correspondent | Updated at 09:42pm on July 27, 2017
Experts on Thursday said a large amount of short-term foreign loans received by the businesspeople through the local commercial banks would put the country’s financial...
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Govt takes back eight jute mills
Bangladesh Sangbad Sangstha | Updated at 07:56pm on July 27, 2017
The government has taken back eight jute and textile mills from private sector for violating the major conditions set out during handing over the state-owned...