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Working hour losses highest in lower-middle-income states: ILO
Staff Correspondent | Updated at 10:44pm on January 25, 2021
Lower-middle-income countries, including Bangladesh, witnessed the highest losses in working hours in 2020 due to the coronavirus outbreak, according to a latest report of the International Labour Organisation...
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No more cuts in duties to protect local producers: NBR chief
Staff Correspondent | Updated at 10:42pm on January 25, 2021
The National Board of Revenue will not consider any more reductions in duties and taxes on imports of rice and edible oil in a bid to protect local producers. NBR chairman Abu Hena Md Rahmatul Muneem said on Monday that...
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Stocks drop for 2nd day
Staff Correspondent | Updated at 10:41pm on January 25, 2021
Dhaka stocks declined for the second day on Monday as a section of investors continued selling shares to book profits following the recent market gain. DSEX, the key index of Dhaka Stock Exchange, lost...
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Austrian motorcycle brand KTM launched in Bangladesh
Staff Correspondent | Updated at 09:43pm on January 25, 2021
Runner Automobiles Limited on Monday launched two models of Austrian motorcycle brand KTM — KTM 125 Duke and KTM RC 125 — in Bangladesh. Runner Automobiles in partnership with global motorcycle...
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Imtiaz re-elected NRB Bank audit committee chairman
| Updated at 10:45pm on January 25, 2021
Imtiaz Ahmed has been re-elected chairman of the audit committee of NRB Bank at a board of directors meeting of the bank held on January 17, said a press release. Imtiaz is a British citizen and a Non Resident Bangladeshi. He...
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Faruq joins MTB as independent director
| Updated at 10:46pm on January 25, 2021
Faruq Ahmad Siddiqi has recently joined Mutual Trust Bank as an independent director, said a press release. Prior to the joining, he served as independent director...
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Deposit growth in Islamic banks higher in Sept-end quarter
HM Murtuza | Updated at 09:55pm on January 24, 2021
Year-on-year deposit growth in the country’s Islamic banks at the September-end quarter of 2020 was much higher than the growth rate in the country’s overall...
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District-wise lead bank appointed for CMSMEs’ package execution
Staff Correspondent | Updated at 09:57pm on January 24, 2021
The Bangladesh Bank on Sunday appointed district-wise lead banks for the year 2021 with a view to expediting and ensuring effective implementation of the Tk...