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Potato prices could rise above Tk 50 per kg

Local potato prices could rise above Tk 50 per kg later this year due to a potential fall in production, the Bangladesh Cold Storage Association has warned.Adverse weather conditions are likely to cause a production drop of at least 20 per cent this year, said the association's president Mostofa Azad...

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Bhutanese King visits Special Economic Zone in Kurigram

KURIGRAM, Mar 28 (UNB): Bhutanese King Jigme Khesar Namgyel Wangchuck on Thursday visited the proposed Special Economic Zone for Bhutan in Madhabram area under Bhogdanga union in Kurigram.He arrived here with his entourage in the morning and visited the SEZ around 1:30 pm.State Minister for Information M A Arafat, State...

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Nagad making life easier ahead of Eid

Amid a growing rush for various shopping-related transactions and money transfers ahead of Eid, Nagad offers its customers convenience, speed and safety.Be it offline or online shopping or exchanging money among friends and family members people heavily rely mainly on Nagad contributing to a significant rise in cashless transactions during...

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Pubali Bank PLC signs an agreement with BD Tax Technology Ltd

Pubali Bank PLC and BD Tax Technology Limited signed an agreement for preparation, process and submission of Income Tax through Pubali PI Mobile banking app recently. Md Shahnewaz Khan, Deputy Managing Director of Pubali Bank, and Shamim Rahman, Manager- Finance & Admin of BD Tax Technology Limited, were present at...

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58th Meeting of Trust Bank Shariah Supervisory Committee held

The 58th meeting of Trust Bank Shariah Supervisory Committee was held at the bank's head office on Wednesday. The Chairman of the committee Dr Mohammad Monzur-E-Elahi presided over the meeting. Members of the Shariah Supervisory Committee including Managing Director & CEO Humaira Azam, Deputy Managing Director & CBO Ahsan Zaman...

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Islami Bank discussion on Independence Day

Islami Bank Bangladesh PLC organized a discussion meeting followed by Doa Mehfil marking the Independence and National Day on a virtual platform on Tuesday. Vice-Chairman of the bank Dr Tanveer Ahmad was present as the chief guest in the programme with Mohammed Monirul Moula, Managing Director & CEO of the...

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Foreign direct investment inflows to KSA hit $5.17b

RIYADH, Mar 28 (Arab News): Foreign direct investment inflows to Saudi Arabia rose 17 per cent in the fourth quarter of 2023 compared to the previous period, according to recent data. The analysis, released by the General Authority of Statistics, utilizes an updated approach characterized by heightened transparency and governance...

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China’s pledges to Southeast Asia come up $50b short: Study

SYDNEY, Mar 28 (AFP): China promised billions of dollars to infrastructure projects across Southeast Asia, but many of these were never built, according to a study by an Australian think tank released Wednesday.Sydney's Lowy Institute found that since 2015, more than US$50 billion that Beijing promised to projects in the...

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US launches bid to increase African food imports

WASHINGTON, Mar 28 (AFP): The United States on Wednesday launched a new initiative to boost imports of African foods-specialties like seafood, nuts and herbs-seeing untapped potential in items that benefit small-scale farmers.The new Africa Trade Desk aims to increase imports of African specialty foods into the United States by $300...

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Swedish central bank signals May or June rate cut

STOCKHOLM, Mar 28 (AFP): Sweden's central bank on Wednesday kept its key interest rate at a 16-year high, but forecast a possible cut in May or June if inflation stays under control.The Riksbank said that while "inflation is in the process of stabilising at the target" of two per cent,...

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Tesla deliveries face hit from China slowdown, soft demand

NEW YORK, Mar 28 (Reuters): Tesla is expected to report sluggish first-quarter deliveries next week as the boost from its price cuts wanes and the US automaker grapples with strong competition for buyers in a slowing electric-vehicle market.After years of rapid sales growth that helped turn it into the world's...

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