Remittances thru agent banking hit Tk 1.73 trillion in December
Disbursement of inward remittances through agent banking rose 21.16 per cent to Tk 1.73 trillion (1,73,390.72) crore at the end of December 2024.At the end of December 2023, the figure was Tk 1.43 trillion (143,113.28 crore), which increased in September 2024 to Tk 1.65 trillion (165,659 crore), according to the...
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Potential buyers are casually browsing dresses
Potential buyers are casually browsing dresses of their choice at a clothes store as Eid shopping has started gathering steam in the capital. The snap was shot at Bashundhara City Shopping Mall on Friday.— FE Photo by Asad-Uz-Zaman
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Export of arum, arum lobe crosses Tk 200m
CUMILLA, Mar 07 (BSS) : The arum and arum lobe are being produced abundantly in the district including Barura upazila while its annual export has crossed Tk 200 million (20 crore).The arum and arum lobe have gained huge popularity both at home and abroad due to its good taste and...
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Siemens announces $285m investment in US manufacturing
LOS ANGELES , Mar 7 (AP): Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas.The U.S. is the largest market for the company. The recent investments in the Siemens' U.S. manufacturing footprint and the...
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Trump backs off Mexico, Canada tariffs after market blowback
WASHINGTON, Mar 07 (AFP): US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico -- leading Ottawa to halt an upcoming wave of countermeasures -- in moves that bring reprieve to companies and consumers after blowback on financial markets.Stock markets tumbled after Trump's duties of up to...
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RBI set to ask lenders to tighten gold loan processes
MUMBAI/NEW DELHI, Mar 07 (Reuters): India's central bank plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry sources and those aware of the regulator's thinking, said.The Reserve...
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