PMO asks NBR to find reasons behind foreign investors leaving country
The Prime Minister's Office (PMO) has asked the National Board of Revenue (NBR) to find reasons behind the departure of some large foreign investors.In a recent meeting, the PMO wanted to know whether the NBR could do something to bring back their investment.PMO Principal Coordinator SDG (Sustainable Development Goals) Affairs...
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Banks can lend more
Commercial banks have been empowered to lend more as the central bank has relaxed cash reserve requirement (CRR) and statutory liquidity ratio (SLR) rules.Officials said the banks are allowed to maintain both CRR and SLR with the Bangladesh Bank (BB) only for net investment in subordinate bonds instead of the...
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President signs Digital Security Bill into law
President Md Abdul Hamid has signed the Digital Security Bill 2018 into law amid objections from several media and rights organisations, report agencies.The president's Press Secretary Md Joynal Adedin confirmed the signing on Monday. Usually a bill is considered as a law after the approval of the President. Accordingly, the...
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Two Americans win Nobel Economics Prize
William Nordhaus Paul Romer
Americans William Nordhaus and Paul Romer won the 2018 Nobel Economics Prize for work in integrating climate change and technological innovation into economic analysis, the Royal Swedish Academy of Sciences said on Monday, reports Reuters.Nordhaus, of Yale University, was the first person to create a quantitative...
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Appellate Division gets three more judges
President Md Abdul Hamid as per the constitution appointed Monday three judges to the Appellate Division of the Supreme Court. The president appointed Justice Zinat Ara, Justice Abu Bakar Siddiquee and Justice Md. Nuruzzaman, who were performing duties at the High Court Division, to the Appellate Division. Chief Justice Syed...
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Prayer Timings-(09-10-2018)
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