Private banks to be given treasury responsibilities
The government is set to allow all banks to carry out treasury activities in places in an attempt to expand such services in the countryside, officials say. If and when implemented, the move will bring an end to the treasury role the Sonali Bank, the largest public sector bank, has...
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Tax, stock performance not compatible with economic growth
The government is trying to address two big contradictions in the economy - low tax-to-GDP ratio and stock market capitalisation-to- GDP ratio, advisor to the Prime Minister on private industry and investment Salman F Rahman said on Sunday. Rahman said these two indicators are not compatible with the country's economic...
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Covid-19 infection rate drops to four-month low
The rate of fresh coronavirus infections in the country dropped to four-month low on Sunday.In the last 24 hours until 8:00am on the day, the infection rate was 14.02 per cent of total tests, lowest in last 122 days, while the overall detection rate in the country stood at 19.96...
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BD RMG exports to US drop 18.54pc in Jan-July
Bangladesh's apparel exports to its single largest destination - the US - declined by 18.54 per cent during the first seven months of 2020 calendar year, compared to the same period of last year, mostly due to the Covid-19 outbreak.The country fetched US$ 2.90 billion from apparel exports to the...
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BD's Covid-19 form-changing fastest in world
The form of Covid-19 is changing much faster in Bangladesh than any other country in the world. The rate of its change in the world is 7.23 per cent, while it is 12.60 per cent in the country. Bangladesh Council of Scientific and Industrial Research (BCSIR) revealed these in a...
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Prayer Timings-(07-09-2020)
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