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BD, Korea sign three deals mainly on skills development

Bangladesh and South Korea signed here on Sunday three key agreements on developing skilled workforce and ensuring an advanced road infrastructure and management system in Bangladesh, said a press release.The deals - one grant agreement and two MoUs (memorandum of understanding) - were signed at the Economic Relations Division (ERD),...

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World Youth Skills Day today

The World Youth Skills Day (WYSD)-2019 will be observed in the country as elsewhere in the world today (Monday) with the theme 'Learning to learn for life and work'.The aim of WYSD is to advocate for skills as an important factor to improve young people's transitions to decent work, and...

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PDB extends wind power plant bid submission date

The government has extended the bid submission deadline of three wind power projects (each 50-megawatt capacity) by one month at the request of the bidders, reports UNB.The plants will be set up in Chandpur's Kachua, Khulna's Mongla and Cox's Bazar's Inani beach. Official sources say state-owned Power Development Board (PDB),...

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S Asian countries' export potentials not tapped fully

Experts at a programme in Washington D.C. have said the export potentials of the South Asian countries have not been fully realised.They viewed that the reason of underperformance in trade in South Asia is not because of informal sector but because the way the formal sector is being run.They came...

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BD progresses well to achieve SDGs: Mannan

Planning Minister Muhammad Abdul Mannan has said Bangladesh under the leadership of Prime Minister Sheikh Hasina is strongly committed to both SDGs and effective development partnership."The current economic outlook suggests that the country is progressing well towards achieving SDGs," the minister said while highlighting the progress of Bangladesh in the...

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China signs Belt and Road cooperation documents with 18 Arabian countries

BEIJING, July 14 (Xinhua): China has signed cooperation documents on jointly building the Belt and Road with 18 Arabian countries, the Ministry of Commerce (MoC) said Friday.China-Arab joint efforts to push forward cooperation on the Belt and Road has reached notable achievements, showing great potential and broad prospect, Vice Minister...

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American Airlines extends Boeing 737 MAX cancellations

WASHINGTON, July 14 (Reuters): American Airlines Group Inc said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ongoing grounding of the Boeing Co 737 MAX jets.The airline’s decision was expected after the Federal Aviation Administration, which must...

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Huawei plans extensive layoffs at its US operations

NEVADA, July 14 (Reuters): Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its US blacklisting, the Wall Street Journal reported, citing people familiar with the matter.The layoffs are expected to affect jobs at Huawei's US-based research and development...

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Barneys NY explores options that include bankruptcy

NEW YORK, July 14 (Reuters): US luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday.The nearly 100-year-old retailer, known for its high-end designer collection, is...

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Bank of Italy lowers economic growth prediction

ROME, July 14 (Xinhua): The Bank of Italy estimated the Italian economy would grow just 0.1 per cent this year, according to its quarterly economic bulletin, a level that economists said would make it "highly unlikely" Italy will manage to honour its recent budgetary promises with the European Commission.The Bank...

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S Lanka’s central bank downgrades economic growth to 3.0pc

COLOMBO, July 14 (Xinhua): Sri Lanka's economic growth forecast for this year has been downgraded to 3 per cent from an earlier 4 per cent, though the country is on the path to recovery from the Easter Sunday attacks, Central Bank Governor Indrajit Coomaraswamy said on Friday."We expected growth to...

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Amazon plans to create 2,800 jobs in Germany

BERLIN, July 14 (Reuters): US online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what is its second-biggest market after the United States.That will bring Amazon's total staff in Germany to more than 20,000 across...

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Arif Iqbal Khan posing with others

Vice Chairman of Financial Excellence Limited Arif Iqbal Khan posing with others at the inaugural session of a training programme on 'Corporate Credit Analysis and Credit Risk Management' in the city recently. Executives from different banks and financial institutions participated in the two-day training

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Farah Kabir

Farah Kabir, Executive Director of ActionAid International Bangladesh (AAIB), and Azam Khan, Group Chief Communications Officer of Mutual Trust Bank Limited (MTB) exchanging documents after signing a memorandum of understanding (MoU) on behalf of their respective organisations at a ceremony in the city recently. The MoU aims to bear the...

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NBP Bangladesh

Md. Quamruzzaman, Country Head & CEO of National Bank of Pakistan (NBP) Bangladesh Operations, exchanging documents after signing in Dhaka recently an agreement with Bangladesh Election Commission for using the commission's database to verify the authenticity/genuineness of the customers

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