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BRAC Bank donated Tk 30 million to 'Dakchhe Amar Desh'

As part of corporate social responsibility, BRAC Bank has donated Tk 30 million to 'Dakchhe Amar Desh' - BRAC's emergency flood relief programme. M Masud Rana, deputy managing director and CFO, BRAC Bank Limited, handed over the payorder for the amount to KAM Morshed, senior director of BRAC, at the...

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MTB distributed relief items among flood-affected people

Mutual Trust Bank Limited (MTB), as part of its corporate social responsibility (CSR) initiatives, has recently distributed relief items among the flood-affected people in Sunamganj. Pir Fazlur Rahman (Misbah), MP, Sunamganj-4, distributed the relief items at various places of Sunamganj district. Among others, Mohammad Kamran Ahmed, head of Sylhet Region...

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ERA-InfoTech signed MoU with Jamuna Tyre & Rubber Industries

ERA-InfoTech Limited has recently signed a memorandum of understanding (MoU) with Jamuna Tyre & Rubber Industries Limited, for development and implementation of Enterprise Resource Planning (ERP) software for manufacturing and commercialising of the Radial Technology Tyre. Chief Executive Officer of ERA-InfoTech Limited Md Serajul Islam and Managing Director of Jamuna...

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S Lanka admits bankruptcy, warns of crisis through 2023

COLOMBO, July 05 (AFP): Sri Lanka is bankrupt and the acute pain of its unprecedented economic crisis will linger until at least the end of next year, Prime Minister Ranil Wickremesinghe told the parliament on Tuesday.The island nation's 22 million people have endured months of galloping inflation and lengthy power...

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Indian financial crime agency raids Vivo offices

MUMBAI, July 05 (Reuters): India's financial crime-fighting agency on Tuesday raided the offices of smartphone maker Vivo, owned by China's BBK Electronics, and its related entities, a senior government official and an industry executive told the news agency.The searches by the Enforcement Directorate are part of an investigation into suspected...

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Emerging Asian equities post biggest foreign outflows since March 2020

Emerging Asian equities ex-China recorded massive outflows in June, as risk assets took a hit due to heightened concerns over a potential recession, with major central banks set to further tighten their monetary policies aggressively, reports Reuters.Data from stock exchanges in Taiwan, India, South Korea, the Philippines, Vietnam, Indonesia, and...

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