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Search date: 13-05-2019 Return to current date: Click here

Tk 5.3b farm loans lie unrecovered

A hefty Tk 5.3 billion of six state-owned banks remains stuck against 160,225 cases filed to recover from farm loan borrowers, statistics showed.For almost three decades from January 1991 to March 2019, a total of 11,694 borrowers could not be traced even after warrants of certificate cases were issued.Hence, Bangladesh...

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Increase budgetary allocation for education sector: Speakers

The government should increase the budgetary allocation for the country's education sector to create skilled manpower, thus it can achieve its development goals, speakers said at a programme on Sunday.They also laid emphasis on technical education, brining time-befitting changes in academic curriculum and enhancing entrepreneurial skills among youths in this...

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WTO ministerial meeting begins in New Delhi today

NEW DELHI, May 12 - Commerce ministers, vice- ministers and senior government officials of 22 WTO-member states from developing and LDCs including Bangladesh have gathered here to attend the WTO Ministerial Meeting kicks off today (Monday) in the Indian capital New Delhi, reports BSS.In the two-day meeting, the ministers will...

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USD further decline against Egyptian pound indicates better economy

CAIRO, May 12 (Xinhua): The Egyptian pound strengthened 72 piasters against the US dollar on Saturday compared with December last year, state-run Ahram newspaper reported.According to the last updated figures released by the Central Bank of Egypt (CBE), the average price of the dollar reached 17.06 pounds for purchase and...

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Lessees, traders deny extortion at Gabtali cattle market

Lessees and traders at Gabtali cattle market have rebuffed allegations of extortion for the spiralling prices of beef in Dhaka city during Ramadan month.There is no extortion at Gabtali Haat, the biggest cattle market in the capital, they claimed at a press conference on Sunday, reports bdnews24.com.The meat traders have...

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PLFL gets new vice-chairman

The Board of Directors of Premier Leasing & Finance Limited (PLFL) elected Nargis Anwar as vice-chairman of the company in an election in the city recently, says a statement.Daughter of A M Aminul Islam Khan and Samsun Nahar Khan, and wife of Md Anwarul Haque, Nargis is the Chairperson of...

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Macao economy to grow by 4.3pc in 2019: IMF

MACAO, May 12 (Xinhua): The economic growth rate of China's Macao Special Administrative Region (SAR) was projected at 4.3 per cent in 2019 and about 4.0 per cent over the medium term, the SAR's monetary watchdog said on Saturday, quoting a report from the International Monetary Fund (IMF).Monetary Authority of...

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RCC signs MOU with Power China

Rajshahi City Corporation (RCC) has signed a Memorandum of Understanding (MoU) with Power China, a Chinese state-owned company, for multipurpose development of Rajshahi City under a master plan. City Mayor AHM Khairuzzaman Liton and Business Development Manager of Power China Han Kun signed the MoU on behalf of their respective...

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General Manager of Radisson

General Manager of Radisson Blu Dhaka Water Garden Alexander Haeusler and Vice President and Head of E-Business of Dutch Bangla Bank Limited Zahid Uddin Mohammad Arif exchanging documents after signing a strategic alliance deal between the two organisations at the hotel recently. As part of the alliance, selected DBBL cardholders...

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GSP Finance Company

GSP Finance Company (Bangladesh) Limited Chairman Feroz U. Haider, directors and senior executives seen on the dais of the company's 24th annual general meeting (AGM) in the capital recently. The AGM approved 18 per cent cash dividend for the year ended on December 31, 2018

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SME Banking of Eastern Bank

Head of Retail and SME Banking of Eastern Bank Ltd (EBL) M Khorshed Anowar and Director, Customer Service of Building for Future Ltd Md S J Chowdhury signing an agreement in Dhaka recently. Purpose of the deal is to enhance the quality of home loan service by sharing best value...

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Rupee slips 13 paise to 70.07 against dollar

MUMBAI, May 12 (PTI): The rupee depreciated by 13 paise to 70.07 against the US dollar in early trade Friday as US-China trade related concerns and foreign fund outflows weighed on investor sentiments.Forex traders said, rising crude oil prices and strengthening of the US dollar against some major rival currencies...

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Mohammad Shams-Ul Islam presiding over an exchange of views meeting

Managing Director and Chief Executive Officer of Agrani Bank Ltd. Mohammad Shams-Ul Islam presiding over an exchange of views meeting with the representatives of different exchange houses on 'delivering of services by the bank and exchange houses for sending remittances' held recently in the city on the occasion of Ramadan...

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Jamuna Bank Chairman Engineer Md. Atiqur Rahman giving away prizes

Jamuna Bank Chairman Engineer Md. Atiqur Rahman giving away prizes as the chief guest at a discussion on 'Significance of the Holy Ramadan, Holy Lives of the Prophets and Qirat Competition among the children of the employees of Jamuna Bank Limited' in the city recently with Jamuna Bank Foundation Chairman...

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