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    64pc of RMG workers can’t meet daily expenses due to low wages

    Staff Correspondent | Updated at 12:05am on November 24, 2017

    A survey conducted by IndustriAll Bangladesh Council found that 64 per cent of readymade garment workers cannot bear all the expenses of their daily essentials...

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    Retail power price goes up by 5.3pc from Dec 1

    Staff Correspondent | Updated at 12:05am on November 24, 2017

    The Bangladesh Energy Regulatory Commission on Thursday will deliver its order on power price hike proposals of generation and distribution...

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    Dhaka stocks inch up amid sales of bank scrips

    Staff Correspondent | Updated at 12:05am on November 23, 2017

    Dhaka stocks inched up on Wednesday despite gains in share prices of most of the scrips as investors went on share sales, especially from banks, following the news of surge in banks’ defaulted loans....

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    BTRC decides to cancel IIG licence of Bangla Phone

    Staff Correspondent | Updated at 12:05am on November 23, 2017

    Bangladesh Telecommunications Regulatory Commission has decided to cancel the licence of international internet gateway service operator, Bangla Phone Limited, for violating licencing conditions including its failure to fulfill roll out obligation within the stipulated timeframe...

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    ADB to lend $300 million for Dhk-Northwest road corridor

    Staff Correspondent | Updated at 11:13pm on November 22, 2017

    Asian Development Bank will give Bangladesh $300 million in loans for upgrading an international road corridor project. Economic Relations Division of the finance ministry and Manila-based ADB signed an agreement in this regard at a programme held at the ERD conference room at Agargaon in Dhaka on Wednesday. ERD secretary Kazi Shofiqul Azam and ADB country director Manmohan Parkash signed the loan agreement at the programme...

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    7 banks fail to keep Tk 8,877cr in provision

    M Ibrahim Ibne Towhid | Updated at 12:05am on November 23, 2017

    Seven commercial banks faced Tk 8,876.51 crore in provision shortfalls against their disbursed loans as of September 30 as the scam-hit BASIC Bank’s shortfall rose further and Standard Bank was included in the list of errant banks in the third quarter (July-September)....

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    Govt okays import of another 1 lakh tonnes of rice

    Staff Correspondent | Updated at 12:05am on November 23, 2017

    The government would import one more lakh tonnes of rice through international tenders at an estimated cost of Tk 127.77 crore to increase stocks. A cabinet committee on national economic purchase at a meeting at secretariat on Wednesday gave approval to a proposal from the ministry of food to purchase rice from six suppliers...

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    Half of rural population has no access to electricity: UNCTAD

    Staff Correspondent | Updated at 12:05am on November 23, 2017

    Bangladesh needs to give 20-30 per cent more new electricity connections a year for achieving the target of energy for all by 2030, according to a report of the United Nations Conference on Trade and Development....

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    Profit-taking sales send stocks down after 3-day rise

    Staff Correspondent | Updated at 12:05am on November 22, 2017

    Dhaka stocks dropped on Tuesday, snapping a three-day bull run as investors preferred to book profits, especially from bank scrips following their recent gains...

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    4 brokerages fined Tk 70 lakh for rule breach

    Staff Correspondent | Updated at 12:05am on November 22, 2017

    The Bangladesh Securities and Exchange Commission on Tuesday slapped Tk 70 lakh in fine in total on four brokerage houses for breaching securities rules...

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