External corporate debts drop amid business ebb tide
External corporate borrowing squeezes with short-term overseas debt stock having dropped to $10.73 billion in latest count as entrepreneurs postpone business expansion in wait for a feel-good ambiance after recent unrest. Officials and money-market analysts say such continuous downturn in private-sector foreign borrowing, despite interest rates on the global market...
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Recession feared amid sluggish dev spending, investment
Planning Adviser Dr Wahiduddin Mahmud on Monday apprehended that the country might suffer an economic recession if the current situation persisted with no new private investment and almost stagnant public sector development expenditure, reports UNB."The private sector investors are not injecting new investment and the public sector development expenditure is...
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Anarchy let loose again over inter-college disputes
Anarchy was let loose again Monday in the capital over inter-college disputes with the latest student mayhem leaving at least 35 injured seriously in Jatrabari area. The day's flare-ups came in lockstep with Sunday's daylong rioting by students close by, in Old Dhaka, and overnight clashes thereafter in Tejgaon area....
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Battery-run rickshaws get one-month breather
A blanket ban on battery-powered rickshaws in Dhaka streets has been lifted for the time being, in the wake of massive protests across the city.The breather came from the Appellate Division of the Supreme Court that Monday issued status quo for one month on a prohibitive High Court order.Justice Md...
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Gas scarcity hits industrial output
The prevailing gas supply scarcity is continuing to take its toll on industrial production, resulting in losses faced by different industries. Bangladesh's industrial backbone is weakening under the crushing weight of an energy crisis that shows no signs of abating, according to industrialists in Bangladesh.Industries that once relied on affordable...
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Prayer Timings (2024-11-26)
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