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    NBR to follow real-time exchange rate for customs valuation

    Jasim Uddin | Updated at 10:57pm on February 23, 2020

    The National Board of Revenue is going to introduce real-time currency exchange rates for determining the value of import and export goods for the purpose of customs assessment, replacing the...

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    Poor earnings results pull down Dhaka stocks despite Grameenphone surge

    Staff Correspondent | Updated at 11:00pm on February 23, 2020

    Dhaka stocks dropped for the second day on Sunday despite a substantial gain in the share prices of Grameenphone as investors continued selling most of the other shares to book profits amid...

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    Northern Jute shuts production

    Staff Correspondent | Updated at 11:04pm on February 23, 2020

    Northern Jute Manufacturing Company Limited has shut down its mill for an indefinite period as the Bangladesh Bank froze all of its bank accounts over its alleged connections with suspected...

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    Bangladesh Bank enlists Bengal Commercial Bank as scheduled bank

    Staff Correspondent | Updated at 11:07pm on February 23, 2020

    The Bangladesh Bank on Sunday declared newly-licenced Bengal Commercial Bank as a scheduled bank, taking the total number of scheduled banks in the country to 60...

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    StanChart commits $75b towards SDGs

    Business Desk | Updated at 11:10pm on February 23, 2020

    Standard Chartered on Sunday announced that it committed $75 billion worth of project financing services towards Sustainable Development Goals, said a press release. The bank committed to the new business targets...

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    Virus hits shipping, spreading global economic strain

    Agence France-Presse . London | Updated at 11:55pm on February 23, 2020

    Sea freight transport, the lifeblood of trade and a bellwether of the global economy, has been blown off course by the new coronavirus, sparking general alarm. As analysts pore over charts to gauge just...

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    Austria explores potential areas in Bangladesh to give soft loans

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:52pm on February 23, 2020

    The Austrian government is working to provide concessional loans to Bangladesh in health, education and infrastructure as the country concentrates on development of bridges, roads, rail and other mega...

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    Cuba struggles to pay debts amid US sanctions

    Agence France-Presse . Havana | Updated at 11:49pm on February 23, 2020

    Foreign companies going unpaid, creditor countries told to be patient: as Cuba struggles under the weight of US sanctions it has also been struggling to pay its debts, raising serious concern...