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Govt starts framing policy on e-vehicles

The government has made a move to morph the country's traditional transportation into an electric system with global automakers pushing for energy efficiency.Sources said the Bangladesh Road Transport Authority (BRTA) has initiated to draft necessary policies on import, manufacturing and management of electric vehicles or e-vehicles.The BRTA drafted a policy...

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Banks disburse 74pc of annual farm loan target in nine months

Scheduled banks have disbursed more than 74 per cent of the annual farm loan target in the first nine months of the current fiscal year (FY), a central bank official said.The banks witnessed a high demand for agriculture credit in the July-March period, he said, terming the loan disbursement flow...

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BIMSTEC team visits BARI

A 12-member delegation of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) visited Bangladesh Agricultural Research Institute (BARI) in the capital on Thursday. Pasinee Napombejra, Policy and Plan Analyst of Office of Agricultural Economics, Ministry of Agriculture and Cooperatives of Thailand, led the delegation that included...

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UAE govt service provider to open branches in BD

Dubai-based OnTime Group, which provides one-stop UAE government services, is set to launch its operation in Bangladesh.It has partnered with three local companies to establish three branches-one each in Dhaka, Chattogram and Sylhet. The branches will be operational from June this year.It is expected that establishment of the branches will...

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‘Rice procurement drive not benefiting farmers’

Agriculture Minister Dr Muhammad Abdur Razzaque on Thursday said the country's farming should fully be mechanised to make agriculture profitable.He said the farmers were not getting benefit from the government's rice procurement drive.To give the farmers a relief, the government will provide them with modern farm equipment with the aim...

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Thrust on adequate fund allocation for fire safety

Experts at a training programme on Thursday suggested allocating adequate fund for fire safety in industrial units and households. They also stressed the need for setting up of necessary fire extinguishers in every buildings and factories while allocating sufficient resources for the fire safety department. They put forward the recommendations...

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'History of Dhaka-Jakarta trade quite old'

The three-day 'Indonesia Fair 2019' kicked off in the capital on Thursday with a view to strengthening trade and cultural relations further between Bangladesh and the South East Asian country.Commerce Secretary Md. Mofizul Islam inaugurated the second edition of the exposition at the International Convention City Bashundhara (ICCB) at the...

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CPA observes Port Day

Chattogram Port Authority (CPA) on Thursday observed the Port Day marking the 132nd founding anniversary of the country's premier seaport, Chittagong port.In observance of the day, the CPA has taken elaborate programmes including hoisting of the national and CPA flags at Port Bhaban, discussions, view-exchange and a colourful cultural function,...

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A 12-member delegation of BIMSTEC

A 12-member delegation of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) visiting the Soil Science Lab of Bangladesh Agricultural Research Institute (BARI) in the capital on Thursday

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'Barnil Baishakh'

A programme, organised by Anwar Landmrak and titled 'Barnil Baishakh' to celebrate Bangla Nababarsho (Bengali New Year) in progress in the city recently with employees of Anwar Landmrak and its clients attending. Cultural event, fun games and magic show were held and various traditional Baishakhi foods were served during the...

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312th board meeting of Standard Bank

Chairman of Board of Directors of Standard Bank Ltd. Kazi Akram Uddin Ahmed presiding over the 312th board meeting of the bank at a city hotel on Thursday

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Rich nations must help workers adapt to automation: OECD

BERLIN, Apr 25 (AFP): Robots and computers threaten 14 per cent of existing jobs over the next 20 years, so countries must retrain workers for a transformed labour market, the OECD warned Thursday.In a report published in Berlin, the Organisation for Economic Cooperation and Development (OECD) estimates that in addition...

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Maruti Suzuki Q4 profit down 5.0pc to Rs 17.95b

NEW DELHI Apr 25 (BusinessLine): India's largest passenger car manufacturer, Maruti Suzuki India (MSIL), on Thursday reported a standalone net profit of Rs 17.95 billion (1,795 crore) for the fourth quarter ended March 31, lower by around 5.0 per cent as compared with Rs 18.82 billion (1,882 crore) in the...

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Deutsche-Commerzbank merger talks collapse

BERLIN, Apr 25 (AFP): Germany's two biggest lenders Deutsche Bank and Commerzbank said Thursday they had called off talks on a possible merger, dashing Berlin's hopes of creating a financial "national champion"."After thorough analysis, we have concluded that this transaction would not have created sufficient benefits" to justify the risks...

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Bank of Japan cuts inflation, economic growth forecasts

TOKYO, Apr 25 (AFP): Japan will fail to reach its two-per cent inflation target even by 2022, the central bank predicted on Thursday as it also revised down its estimate for growth in the world's third-largest economy.In its closely watched quarterly report, the Bank of Japan forecast inflation of 1.6...

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