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World Bank lends $500m to boost dairy, livestock production

The World Bank has approved a loan worth US$ 500 million to improve livestock and dairy production in Bangladesh so that the country can meet the growing demand for egg, meat and milk and thereby improve the nutritional intake of its citizens.The Livestock and Dairy Development Project will improve agricultural...

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Ispahani Mirzapore wins two brand awards

Ispahani Mirzapore, a leading tea brand of the country, has won the 'Overall Best Brand' award across all categories in 'Best Brand Award 2018' and the 'Best Brand Award' in the hot beverage category for the fourth consecutive year. The prestigious 'Best Brand Award 2018' ceremony was held at a...

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ADP implementation 20pc in July-Nov

The government spent Tk 364.38 billion for projects under the Annual Development Programme (ADP) during July-November period of the current fiscal year (FY 2018-19) with an implementation rate of 20.15 per cent.The expenditure in the first five months is Tk 34.41 billion higher than that of the corresponding period of...

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flydubai starts Ctg flights Jan 20

Dubai-based flydubai on Sunday announced the start of flights to the port city of Chattogram next month, says a statement.The United Arab Emirates (UAE)' airlines said it will operate daily flights to the business hub of Bangladesh from January 20.Commenting on the start of flights to Chattogram, flydubai's Senior Vice...

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Dhaka, Beijing need to accelerate study on FTA, says Chinese expert

Bangladesh holds an important 'geopolitical strategic position' in the Belt and Road Initiative (BRI) that offers 'great potential' to strengthen economic and trade cooperation between Bangladesh and China, says a Chinese expert."We should strengthen cooperation between the two governments, and at the same time focus on strengthening inter-party exchanges," Prof...

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Free Huawei CFO or face consequences

Meng Wanzhou BEIJING/OTTAWA, Dec 09 (Reuters): China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd's chief financial officer, calling the case "extremely nasty".Meng Wanzhou, Huawei's global chief financial officer, was arrested in Canada on Dec 1 and faces...

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Qatar Petroleum to buy stake in ExxonMobil Mozambique blocks

CAIRO, Dec 09 (Reuters): Qatar Petroleum said on Saturday it had agreed to buy a 10 per cent participating interest in three of ExxonMobil's offshore exploration blocks in Mozambique's Angoche and Zambezi basins.It will be part of a consortium made up of affiliates of ExxonMobil with a 50 per cent...

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Thyssenkrupp, Tata Steel near decision on steel JV board

DUESSELDORF/LONDON, Dec 09 (Reuters): Germany's Thyssenkrupp and India's Tata Steel are close to deciding who will lead their planned European steel joint venture, four people familiar with the matter said recently.Settling on the venture's leadership has been delayed by a strategy crisis and change of CEO at the German industrial...

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Seoul ratifies revised FTA with Washington

SEOUL, Dec 09 (Reuters): Republic of Korea (ROK)'s parliament has ratified a revised bilateral free trade agreement with the United States, the trade ministry said, paving the way for the deal to come into effect on January 1 with the main impact on automakers.Under the revision, the countries agreed to...

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'Sino-US trade dispute to last at least 1-2 yrs'

TAIPEI, Dec 09 (Reuters): Taiwan central bank governor Yang Chin-long has said US-China trade tensions might ease in the short-term, but the problems at the centre of the dispute are unlikely to be resolved immediately.Yang expects the trade dispute to persist for at least one to two years.

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Nissan seeks to block Ghosn's access to Rio apartment

TOKYO, Dec 09 (Reuters): Nissan said it was seeking to block former chairman Carlos Ghosn's access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.Brazilian-born Ghosn has been detained in Tokyo since...

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Tarik Morshed and senior executives seen among the participants

Managing Director & CEO of Bangladesh Finance and Investment Company Limited (BD Finance) Tarik Morshed and senior executives seen among the participants of a training programme on 'Anti-Money Laundering and Combating Financing of Terrorism' organised by the company in the capital on Saturday

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'Tribute to Nation Builders'

Former adviser to a caretaker government, national professor and Vice Chancellor of University of Asia Pacific Prof Jamilur Reza Choudhury posing with others at an award-giving ceremony, organised by Seven Rings Cement in the capital recently. The event, titled 'Tribute to Nation Builders', was held to honour 19 universities, including...

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BDBL opens its 44th Branch at Bhola

Food Secretary and Director of the Board of Bangladesh Development Bank Ltd (BDBL) Sahabuddin Ahmed formally inaugurating the 44th Bhola Branch of the bank on Sadar Raod, Mohajon Potti, Bhola on Sunday. BDBL Managing Director Manjur Ahmed presided over the inaugural function

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