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    Big fat Indian wedding goes on a diet as slowdown bites

    Agence France-Presse . Mumbai | Updated at 10:30pm on January 09, 2020

    India’s weddings are famously lavish — lasting days and with hundreds if not thousands of guests — but this season many families are cutting costs even if it risks their social standing...

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    Global economy faces tenuous recovery: World Bank

    Agence France-Presse . Washington | Updated at 10:29pm on January 09, 2020

    Recovery in a handful of countries will boost global growth slightly this year but the outlook is riddled with potential pitfalls that could derail this tepid upswing, the World Bank cautioned...

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    Sanaullah elected Shahjalal Islami Bank chairman

    Business Desk   | Updated at 10:28pm on January 09, 2020

    Md Sanaullah Shahid has been elected chairman to the board of directors of Shahjalal Islami Bank at its 292nd board meeting held on Wednesday, said a press release. Md Harun Miah and Md Abdul Barek were...

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    Petrobras halts shipping thru Hormuz

    Agence France-Presse . Brasilia | Updated at 10:21pm on January 09, 2020

    Brazil’s state-owned oil company Petrobras announced on Wednesday it will temporarily stop sending its tankers through the Strait of Hormuz because of tensions between Iran and the...

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    PM urges textiles sector to diversify products

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:17pm on January 09, 2020

    Prime minister Sheikh Hasina on Thursday urged the country’s textiles sector to diversify products and expand the market for boosting the export income. ‘I think it’s very necessary to diversify...

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    Bangladesh Bank asks banks to ensure maternity leave with salary

    Staff Correspondent | Updated at 10:14pm on January 09, 2020

    The Bangladesh Bank on Thursday issued a fresh circular on maternity leave for female bank employees, asking the banks to ensure salary payment during the six-month leave. The BB had earlier instructed the banks...

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    Commerce ministry urges NBR to withdraw addl VAT, duties

    Staff Correspondent | Updated at 10:13pm on January 09, 2020

    The commerce ministry has requested the National Board of Revenue to withdraw VAT and duties imposed additionally in the current fiscal year 2019-2020 on import of crude edible oil and raw sugar...

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    BGMEA requests PMO to form special taskforce for RMG sector

    Staff Correspondent | Updated at 10:10pm on January 09, 2020

    The Bangladesh Garment Manufacturers and Exporters Association has proposed that the government form a special taskforce to ensure coordination among the ministries and departments in adopting...

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    DSE selects Sanaul as MD amid controversies

    Staff Correspondent | Updated at 10:08pm on January 09, 2020

    The Dhaka Stock Exchange on Thursday selected former Investment Corporation of Bangladesh managing director Kazi Sanaul Hoq as the bourse’s MD amid a heated debate as a number...

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    Dhaka stocks slump below 4,200 points

    Staff Correspondent | Updated at 10:04pm on January 09, 2020

    Dhaka stocks slumped for the fifth session on Thursday with the key index sinking below 4,200 points as investors rushed to offload their holdings to avoid more losses. DSEX, the key index of...