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CPA hands over cheque to DC for land acquisition

CHATTOGRAM, Sept 11: The Chittagong Port Authority (CPA) handed over on Tuesday a cheque for Tk 3.5262 billion to the district administration for acquiring land for the construction of Bay Terminal along Halishahar coast. Chairman of the CPA Commodore Zulfiquer Aziz handed over the cheque to Deputy Commissioner of Chattogram...

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56 businesspeople to get CIP cards today

The government will recognise 56 businesspeople today (Thursday) as Commercially Important Persons (CIPs) for their contributions to the country's industrial sector through establishing industries, creating jobs and boosting economic growth.Industries Minister Amir Hossain Amu will distribute the CIP cards (2016) among the recipients at a programme in the city on...

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Visitors seen at a stall of 19th Textech Bangladesh International Expo 2018

Visitors seen at a stall of 19th Textech Bangladesh International Expo 2018 which began on Wednesday at ICCB in the city. The expo ends on September 15. — FE photo

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Global CEO of Kantar visits BD

Eric Salama, Global CEO of Kantar, recently visited Bangladesh.Kantar, a WPP group company, is home to some of the world's leading research, data and insights brands like Kantar MRB, Kantar IMRB, Kantar Millward Brown, Kantar TNS, Kantar Media, Kantar Public and Kantar Worldpanel.He was accompanied by Preeti Reddy, CEO -Kantar...

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Locus Chain grabs global attention

Locus Chain will be the world's fastest and most scalable next generation blockchain platform, making it the most practical and cost effective integrated solution for smart governments to develop smart cities.Experts and participants of Locus Chain World Summit held recently in Singapore expressed such optimism, according to a statement.Sang Yoon...

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Indonesia needs to deepen financial mkt

HANOI, Sept 12 (Reuters): Indonesia needs to deepen its domestic financial market and have a smaller share of its debt owned by foreigners, its finance minister said on Wednesday, adding that economic fundamentals were broadly strong despite the rupiah's recent slump.The country's financial assets have been hit by a rout...

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S&P, Moody's downgrade China LGFVs

SHANGHAI, Sept 12 (Reuters): Two major global rating agencies downgraded issuers linked to Chinese regional and local governments on Wednesday, drawing attention to credit risks as Beijing continues its lengthy crackdown on systemic financial risks.S&P Global Ratings said it had cut by one notch the long-term issuer credit ratings of...

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Turkey set to raise rates

ISTANBUL, Sept 12 (Reuters): The Turkish Central Bank is expected to raise interest rates on Thursday to calm a currency crisis, but forecasts for the scale of the increase vary widely as the bank balances concerns over lira weakness with worries about an economic slowdown.The lira has slumped 40 per...

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Juncker wants bigger global role for euro

STRASBOURG, Sept 12 (Reuters): European Commission President Jean-Claude Juncker called on Wednesday for the European Union to promote the euro as a global currency to challenge the US dollar."We must do more to allow our single currency to play its full role on the international scene," Juncker told the European...

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Philippines' July trade deficit widens

MANILA, Sept 12 (Reuters): The Philippines' trade deficit widened in July as imports posted their fastest gain in more than two years while exports barely grew, government data showed.Trade deficit for July was $3.546 billion versus $3.188 billion in June. The deficit was $1.305 billion in July 2017.Imports surged 31.6...

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Geely puts brakes on Volvo cars

BEIJING, Sept 12 (Reuters): Chinese carmaker Geely is delaying plans to list Volvo Cars due to uncertainties created by escalating trade tensions and the need to bolster the Swedish brand's presence in China, said a person familiar with the matter.Geely, which is led by magnate Li Shufu and has been...

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Mohammodi Khanam, Prime Insurance Company handing over tree plants to Mir Rezaul Alam

Mohammodi Khanam, CEO of Prime Insurance Company handing over tree plants to Mir Rezaul Alam, BPM, Additional Police Commissioner (Traffic), Dhaka Metropolitan Police under the Company's CSR activities "Plant for the Future". Syed Monirul Huq, Deputy Managing Director & Head of Operations of Prime Insurance Company was also present on...

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