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Govt forms 29 teams to monitor wage execution, labour situation

The government has formed 29 committees mainly to monitor implementation of the latest wage structure and labour situation in the country's different labour-intensive industrial hubs, officials said.They said the committees or teams, each having two members, have also been instructed to make necessary arrangements for mass publicity of the recently...

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24 businesses sued over VAT evasion at trade fair

The Value Added Tax (VAT) authorities filed on Tuesday cases against some 24 business entities over VAT evasion at the ongoing Dhaka International Trade Fair-2019.The companies were suspected of cheating the taxman through depositing lower than the amount of VAT collected from consumers.The Customs, Excise and VAT Commissionerate Dhaka (west)...

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Australia-BD trade confce likely to take place in Apr

Australia-Bangladesh Trade Conference 2019 is likely to be held in Sydney in April aiming to help boost bilateral trade between the two countries. To this effect, a meeting was held at the Bangladesh Investment Development Authority (BIDA) headquarters in the city, a statement said.BIDA Executive Chairman Kazi M. Aminul Islam...

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Thrust on ethical recruitment system for outbound workers

Speakers at a workshop on Tuesday stressed the need for ensuring fair and ethical recruitment system for the outbound jobseekers as a means of protecting their rights.They said that both the receiving and sending countries have to be accountable to make sure the fair practices in the recruitment process of...

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Thrust on generating IT-skilled workforce

CHATTOGRAM, Jan 29: The three-day Chittagong IT Fair on Monday night with the call for creating information technology rich workforce to take the country towards further development.The fair was organised jointly by the Chittagong Chamber of Commerce and Industry (CCCI) and the Society of Chittagong IT Professionals (SCITP) on January...

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29 BD apparel, leather makers to take part in Paris fair

A total of 29 Bangladeshi apparel, fabric and leather manufacturers will participate in a four-day fair scheduled to begin in Paris on February 11.Messe Frankfurt has organised the fair which will comprise three shows namely Texworld, Apparel Sourcing and Leatherworld Paris.A wide range of fashion products from the major manufacturing...

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Tipu urges ADB for more cooperation

Commerce Minister Tipu Munshi has urged the Asian Development Bank (ADB) to increase cooperation in implementing the development works in Bangladesh.The minister made the call while ADB Country Director in Bangladesh Manmohan Parkash met him at his Secretariat office in the city on Tuesday, reports BSS.Mentioning that Bangladesh is now...

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News Briefs (30-1-2019)

Haiul Quaium BCIC gets new chairmanAdditional Secretary of the government Md. Haiul Quaium joined Bangladesh Chemical Industries Corporation (BCIC) as its chairman on Tuesday. Earlier, he joined as Director (Finance) of the BCIC on July 02, 2015. A BCS (Admin) cadre of 1985 batch, Mr Quaium was the deputy commissioner...

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Malaysia scraps multi-billion dollar China-backed project

A multi-billion dollar China-backed rail project in Malaysia was scrapped, government officials said on Saturday, adding that the cost of building it was too high, reports AFP. Malaysia has in recent months suspended several major projects signed under the country's previous scandal-plagued regime, in a bid to cut the country's...

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Syria, Iran sign ‘strategic’ economic agreement

DAMASCUS, Jan 29 (AFP): Syria and Iran signed 11 agreements and memoranda of understanding (MoU) late Monday, including a "long-term strategic economic cooperation" deal aimed at strengthening cooperation between Damascus and one of its key allies in the civil war that has torn the country apart.The agreements covered a range...

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Three Abu Dhabi lenders agree to merge, creating $114b bank

DUBAI, Jan 29 (Reuters): Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank said on Tuesday the banks have agreed on a three-way merger, creating the third-largest bank in the United Arab Emirates.Under the deal, ADCB will issue 0.5966 shares for every UNB share, corresponding to a total...

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'Business Meet 2019' of Bank Asia

Bank Asia Limited Chairman A. Rouf Chowdhury, Vice Chairman Mohd. Safwan Choudhury, President & Managing Director Md. Arfan Ali, different committee chairmen and directors seen on the dais at the bank's two-day annual business conference titled 'Business Meet 2019' at a hotel in Cox's Bazar recently

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Engr. Md. Abu Noman Howlader receiving 'Asia's Greatest Leaders Award 2018' and 'Asia's Greatest Brands Award 2018'

Managing Director of BBS Cables Ltd Engr. Md. Abu Noman Howlader receiving the 'Asia's Greatest Leaders Award 2018' and 'Asia's Greatest Brands Award 2018' in the cables category at Marina Bay Sands Expo and Convention Center in Singapore recently. The nominations and selection of brands and leaders were done by...

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Inaugural function of a three-day training course of BDBL

Bangladesh Development Bank Limited (BDBL) Managing Director Manjur Ahmed and Head of Training Institute Mohammad Nuruddin posing with trainees at the inaugural function of a three-day training course on "CBS, BACH, BEFTN and RTGS" organised by BDBL at its Karwan Bazar Training Institute in the city on Tuesday

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Md Nasir Uddin Ahmed attending as the chief guest a five-day workshop of Karmasangsthan Bank

Additional Secretary and Chief Innovation Officer of Financial Institutions Division, Ministry of Finance Md Nasir Uddin Ahmed attending as the chief guest a five-day workshop on "Innovation in the Citizen Service" organised by Karmasangsthan Bank at its head office in the city on Tuesday while the bank's Managing Director Md...

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