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Govt to buy 11m litres of soybean oil, 30,000 tonnes of fertiliser

The government on Tuesday approved separate proposals for procuring some 11 million litres of soybean oil and 30,000 tonnes of fertiliser to meet the growing demand of the country, reports BSS.The approval came at the 12th meeting of the Cabinet Committee on Government Purchase (CCGP) held at the Cabinet Division...

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Bangladesh, Nepal look to share knowledge on renewable energy

Bangladesh and Nepal have expressed their interests to share knowledge and best practices in sustainable forest management, renewable energy development, and climate resilience strategies.The interests were expressed at a meeting between Prime Minister of Nepal Pushpa Kamal Dahal 'Prachanda' and Environment Minister of Bangladesh Saber Hossain Chowdhury at the office...

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AI summit secures safety commitments from 16 cos

SEOUL, May 21 (Reuters): Sixteen companies involved in AI, including Alphabet's Google, Meta, Microsoft and OpenAI, as well as companies from China, South Korea and the United Arab Emirates have committed to safe development of the technology.The announcement unveiled in a UK government statement on Tuesday came as South Korea...

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SOCIAL ISLAMI BANK OPENS 10 SUB-BRANCHES

Social Islami Bank PLC opened 10 new sub-branches on Monday. Zafar Alam, Managing Director and CEO, inaugurated the sub-branches as the chief guest while Mohammad Forkanullah, Deputy Managing Director, presided over the programme held at the bank's head office in Dhaka. The sub-branches are Guimara Sub-branch in Khagrachari; Abu Torab...

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British Asian Trust appoints first Bangladesh Director

The British Asian Trust has appointed Eshrat Waris as its first Bangladesh Director. The British Asian Trust was founded in 2007 by King Charles III, together with leading British Asian business leaders. To date the Trust has supported more than 12 million people across South Asia and is now committed...

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BASHUNDHARA CEMENT HOLDS ANNUAL SALES CONFERENCE

Bashundhara Cement organised a daylong Annual Sales Conference-2024 with the theme 'Empowering sales through innovation and strategy' on Sunday. Bashundhara Group's Vice Chairman Safwan Sobhan inaugurated the event at International Convention City Bashundhara, Dhaka. Over 300 members of Bashundhara Cement's sales force attended the conference. Bashundhara Group's Sector C officials,...

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Global firms charged $104b for carbon emissions in 2023

LONDON, May 21 (Reuters): Countries raised a record $104 billion last year by charging firms for emitting carbon dioxide, but prices remain too low to drive changes needed to meet Paris climate accord targets, the World Bank said in a report on Tuesday.Several countries are using a price on carbon...

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Pakistan GDP grows 2.09pc in Q3

ISLAMABAD, May 21 (Reuters): Pakistan's economy grew 2.09 per cent in the third quarter of the financial year 2023-2024, supported by higher growth in agriculture, the Pakistan Bureau of Statistics said in a press release on Tuesday.The estimated provisional growth rate of gross domestic product (GDP) for the financial year...

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