Rice import in pvt sector rises significantly in recent months

The private sector has significantly raised rice import in recent months, taking the advantage of poor government food stock and higher price in domestic market, sources said Wednesday.   Experts and business circle fear that the private sector would dominate the domestic rice market unless the government raises its food procurement...

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BB purchasing dollars from banks to keep market stable

The central bank increased purchase of the US dollar from the commercial banks directly aiming to keep the inter-bank foreign exchange (forex) market stable, officials said Wednesday.  "We've expedited the purchase of US dollar from the banks to offset the higher inflow of foreign exchange in the market in the...

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HC issues rule on ACC Act clause

The High Court issued on Wednesday a rule upon the government to explain in two weeks as to why a clause in the Anti Corruption Commission (Amendment) Act to penalise someone for providing false information will not be declared cancelled and unconstitutional, reports UNB. The Speaker of the Jatiya Sangsad,...

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B\\\'desh to apply for models to estimate economic indicator

For the first time, Bangladesh is going to apply for two new macroeconomic models in order to estimate the potential GDP and for raising the external debt management skills of the Economic Relations Division (ERD). A macroeconomic model is an analytical tool designed to define the operation of the economy...

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PM instigating terrorists against democratic forces: Fakhrul

Criticising the Prime Minister for what she said defending her party activists' action on the Rajshahi University campus, BNP alleged on Wednesday that Sheikh Hasina is pampering terrorists and instigating them against democratic forces, reports UNB. "The Prime Minister's remark defending her party cadres has proved that she herself is...

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