State venture capital company on the anvil
The government is creating a venture capital firm to nurture start-up entrepreneurs as the country is still at a nascent stage of tech-based business innovation.The Bangladesh Start-up Company with Tk 1.0 billion in paid-up capital and Tk 5.0 billion in authorised capital as per the Companies Act 1994 is now...
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Leaders for rules, review of provisions
As the Road Transport Act (RTA) 2018 entered into force on November 01, transport leaders demanded on Saturday quick formulation of rules before full enforcement of the law.They also called for amending some provisions after reviewing the law to make it acceptable to all."We appreciate that RTA has finally come...
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Onion prices still high in retail market
Prices of onion showed a slight decline in the wholesale market, but still remained higher in the retail markets on Saturday.Local varieties of onion were sold at Tk 140-Tk 145 a kilogram (kg) and imported varieties at Tk 120-Tk 130 a kg in the retail markets on the day-Tk 5.0...
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Luxury SUVs RHD's greatest extravagance
Roads and Highways Department (RHD) intends to procure 25 motor vehicles at Tk 114.80 million under a road upgrade project which is yet to be cleared by the Planning Commission (PC). The fleet of vehicles will include a few luxury four-wheelers. The RHD proposes to upgrade the 56 km Sylhet...
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Briefing 03-11-2019
Imported API a threat to local drug mktImport of raw materials remains one of the major challenges to the pharmaceutical industry in the country and it is difficult for the local drug makers to compete in the international market to export finished pharmaceutical products with imported API. Experts made the...
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