Govt sets up steering committee to complete handloom census
The government has constituted a high-powered inter-ministerial steering committee aiming to complete the ongoing handloom census successfully, officials said.Currently, handloom census 2017 is being conducted across the country involving Tk 80 million which will come from the government exchequer, they added. The main objectives of the census are to observe...
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Niki Lauda to buy assets of Niki airline
VIENNA, Jan 23 (AFP): Austrian former racing driver Niki Lauda has been selected to buy the assets of Niki, the airline he founded in 2003, the administrators of the former Air Berlin subsidiary said Tuesday.Lauda's bid was preferred over Anglo-Spanish group IAG/Vueling. It was the third offer the former Formula...
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Oil rally may run further on Venezuela's output woes
DAVOS, Switzerland, Jan 23 (Reuters): A rally that pushed oil prices above $70 a barrel in January for the first time in three years may have further to run because of falling Venezuelan output and funds' appetite for commodities, some oil firms and trading houses said.Majid Jafar, Crescent Petroleum's chief...
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Gold rises on wobbly dollar
BENGALURU, Jan 23 (Reuters): Gold prices edged up on Tuesday as the dollar hovered around three-year lows, with a surge in global equities capping further gains after a US government shutdown came to a halt. Gold was mostly unaffected by the shutdown in the previous session, trading in a tight...
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General Electric Manufacturing Co Ltd, signs MoU with Confidence Electromech Ltd
General Electric Manufacturing (GEM Plant) Co Ltd, a government-owned organisation of Bangladesh Steel and Engineering Company (BSEC), signed a memorandum of understanding (MoU) with Confidence Electromech Ltd (CEML), at its Patenga office in Chittagong recently for producing pre-paid electric meters. BSEC secretary Dr Md Amirul Momin and CEML Managing Director...
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