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Gross forex stocks of banks falling fast

Gross foreign-exchange holding by commercial banks keeps falling as factors like currency swap and widening deficit in trade credits principally weigh down, competent sources say.On the other hand, officials and bankers have said, the import orders amid belt-tightening steps taken by Bangladesh Bank (BB) as a forex-saving measure also started...

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Five docs signed, FTA talks ahead

BANGKOK, Apr 26: Prime Minister Sheikh Hasina invited Thailand to explore the prospects for investing in Bangladesh's potential sectors, including hospitals and medical facilities, as the two countries Friday signed cooperation documents.She also sought Thai investments in special economic zones and hi-tech parks-two latest economic zonings in Bangladesh."We discussed the...

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Baby saved from dead mother's womb in Gaza dies

A baby rescued from her dying mother's womb after an Israeli air strike in southern Gaza has died, the BBC has learned.Baby Sabreen al-Sakani was delivered by Caesarean section in a Rafah hospital shortly after midnight on Sunday.Amid chaotic scenes doctors resuscitated the baby, using a hand pump to push...

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Chuadanga sweats as mercury at record 42.7°C

Amid the boiling heat in different parts of the country, Chuadanga recorded the highest temperature of this season at 42.7 degrees Celsius on Friday, according to the Bangladesh Meteorological Department (BMD) bulletin, reports UNB.The Met Office reported that people were experiencing the blistering heat as a hot spell affected 45...

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Ministry mediation sought for dollar to avoid default

A Bangladesh-China joint venture that implemented the 1,320-megwatt thermal power-plant project in Patuakhali continues entreaty for finance ministry's intervention to get US dollars for timely loan repayment to a Chinese bank.Sources say a severe dollar dearth in Bangladesh has caused serious disruptions to the repayment of loan instalments of various...

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Prayer Timings (2024-04-27)

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