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Search date: 19-09-2018 Return to current date: Click here

BD mobile industry fifth largest in Asia Pacific

The mobile industry in Bangladesh has become the fifth largest in the Asia Pacific, with 85 million unique subscribers and 145 million connections as of 2017.The telecommunications has boomed over the last decade, revealed a global report on the sector recently.The GSMA released the study report styled 'Spectrum Pricing in...

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Weeklong tax fair in divisional cities begins November 13

The National Board of Revenue (NBR) will organise a weeklong tax fair in all divisional cities across the country from November 13.The tax fair will be held in 56 district towns for four days and in 32 upazilas for two days.Moreover, mobile tax fairs will be held in 70 upazilas...

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CCCI disputes suggestion on Ctg port

CHATTOGRAM, Sept 18: President of the Chittagong Chamber of Commerce and Industry (CCCI) Mahbubul Alam has disputed a suggestion that operational activities of the Chittagong Port be handed over to a foreign entity.The country's seaports are now experiencing 20 per cent annual growth and the rate is increasing gradually, he...

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'Women's Leadership Skills Development'

Senior Vice President and Head of Learning & Development of the United Commercial Bank Limited Abul Ali Ahad and FVP of Human Resources Division Shireen Sultana seen among the participants of a daylong workshop on 'Women's Leadership Skills Development' organised by the bank in the city recently

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KAFCO best gas consumer

KAFCO has been awarded as the Best Gas Consumer (Industry) during the recently-concluded 'Power & Energy Week-2018', says a statement.Chief Corporate Officer (CCO) of KAFCO Md. Rabiul H. Chowdhury received the award from Finance Minister A M A Muhith at an award-giving ceremony in the city recently.Energy Adviser to Prime...

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Project for trade promotion gets extension

The government has extended the tenure of an ongoing project until 2020 for capacity building to promote trade, officials said. The project titled 'Strengthening Institutional Capacity and Human Resource Development for Trade Promotion' was aimed at promoting the country's trade and export. The project was earlier scheduled to be complete...

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Axiata scraps $940m Pakistan deal

KUALA LUMPUR/SINGAPORE, Sept 18 (Reuters): A unit of Malaysian telecoms firm Axiata Group has called off a $940 million deal to buy 13,000 telecoms towers in Pakistan after regulators there failed to provide all approvals for the transaction announced a year ago.Axiata subsidiary edotco Group Sdn Bhd said in a...

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Swiss regulator raps Credit Suisse for anti-corruption failings

ZURICH, Sept 18 (Reuters): Credit Suisse will be overseen by an independent monitor after failing in its duty to combat corruption in cases linked to soccer body FIFA and Venezuelan and Brazilian state oil companies, Swiss finance industry watchdog FINMA said on Monday.Separately, the Swiss authority determined Credit Suisse also...

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UK economy to shrink without Brexit deal, says Lagarde

LONDON, Sept 18 (Reuters): International Monetary Fund Managing Director Christine Lagarde said Britain's economy would contract if London and Brussels fail to strike a Brexit deal."A more disruptive departure will have a much worse outcome," she said as the IMF presented a report on Britain's economy, adding the economy would...

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ACI Motors and YORPOWER signs agreement

Managing Director and CEO of ACI Motors Dr. FH Ansarey and International Sales Director of YORPOWER Ltd., UK, Ben Whitmarsh shaking hands after signing an agreement under which ACI Motors will market and distribute YORPOWER Generators across Bangladesh. The deal was signed at ACI head office at Tejgaon in the...

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India, US closing in on package deal

NEW DELHI, Sept 18 (Reuters): Indian farmers and US manufacturers of medical devices could be among the main winners in a trade package under negotiation, as Washington and New Delhi look to remove long-standing irritants to ties, sources familiar with the talks said.Having skirmished for months over tit-for-tat tariffs on...

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Turkish lira eases against dollar

ISTANBUL, Sept 18 (Reuters): Turkey's lira weakened against the dollar on Monday as investors weighed up the impact of last week's massive rate hike and turned their attention to this week's announcement of the government's medium-term economic plan.At 0555 GMT, the lira stood at 6.19 against the US currency, weakening...

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