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Prices of essentials on the rise in Ctg

CHATTOGRAM, Mar 27: Despite the steps of the local administration and the authorities concerned to monitor the commodity market in Chattogram during the Islamic holy month of Ramadan, prices of essentials at the kitchen markets are gradually rising. Earlier, ahead of Ramadan, prices of five essential items - chickpeas, peas,...

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Marcel fridge brings smile to Chuadanga farmer

A farmer from Alamdanga upazila of Chuadanga has received a total of 16 electronics items worth Tk 100,000 for free after he bought a Marcel brand refrigerator, says a press release. Sanowar Hossain, the lucky customer, won the items as part of 'Grand Houseful Offer' under Marcel's ongoing 'Digital Campaign...

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Shahab Uddin new KBCCI president

Shahab Uddin Khan, Chairman of Zeeshan Group, has been elected new president of Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) for 2022-2024, says press release. The new 15-member Board of Directors of the Chamber was elected at its Annual General Meeting (AGM) for 2021 & 2022. The AGM was held...

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Hettiarachchi new CEO of bti

The building technology and ideas limited (bti), a leading real estate company of Bangladesh, has recently appointed Nalaka Hettiarachchi as its chief executive officer (CEO), says a press release. Mr Nalaka has over 30 years of experience across emerging markets in Asia and Africa in different industries. Prior to joining...

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TCB gets 15 state guarantees for procurement

The government has issued 15 state guarantees to the Trading Corporation of Bangladesh (TCB) for procuring key essentials such as edible oil, sugar, and lentils, according to sources. These guarantees will remain effective for a year from the date of issuance. An official said the guarantees have been issued to...

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Western Union money transfer now accessible thru bKash agents

bKash customers in Bangladesh can now redirect their cash-intended Western Union money transfers into their bKash wallets conveniently, with the assistance of over 330,000 bKash agent points, says a press release. To facilitate this service, Western Union, a global leader in cross-border, cross-currency money movement and payments; NCC Bank, one...

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Euro zone lending slows again in Feb, ECB says

FRANKFURT, Mar 27 (Reuters): Bank lending to euro zone companies slowed for the fourth straight month as an economic downturn and increased caution from lenders appear to be taking their toll, European Central Bank data showed on Monday.Lending to businesses in the 20 nation currency bloc expanded by 5.7 per...

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IKEA completes sale of Russian factory to local firm

MOSCOW, Mar 27 (Reuters): Swedish furniture giant IKEA said on Monday it had sold its factory in the Russian city of Novgorod to local firm Invest Plus, more than a year after pausing its activities in Russia over the conflict in Ukraine.IKEA halted all retail and production operations in Russia...

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Jack Ma returns to China as govt tries to allay private sector fears

HONG KONG/BEIJING, Mar 27 (Reuters): Alibaba founder Jack Ma has returned to China, ending a stay overseas of more than a year that industry viewed as reflecting the sober mood of its private businesses, and which sources said eventually spurred the new premier to reach out.The return of China's best-known...

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UK retailers positive on sales hopes

LONDON, Mar 27 (Reuters): British retailers reported their first positive sales expectations in seven months, according to a survey published by the Confederation of British Industry on Monday, adding to other recent signs of recovery in the economy.The CBI's (CBI) expected sales balance for April increased to +9 from -18...

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Saudi Aramco inks $12.2b deal for China oil refinery, petchem project

SINGAPORE, Mar 27 (Reuters): Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China that is expected to start in 2026 to meet the country's growing demand for fuel and chemicals.The project in Liaoning province's city of Panjin will be...

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