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Bangladesh earned $14b last year Bangladesh earned a record amount in remittance, more than $14 billion, and exported the second highest number of workers last year despite the Middle East crisis, said researchers. The remittance earning of the country was around $ 13 billion in 2011. Last year, Bangladesh exported more than six lakh workers. […]

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buy viagra Discussants at a roundtable, “Role of Social Media in Advancing Peoples’ Right to Know”, jointly organised by The Daily Star and London East Bank College Chittagong in the daily’s Chittagong office yesterday. Social media should be used with the purpose to uphold public interests, said Chairman of National Human Rights Commission (NHRC) Prof […]

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The company installs more than one million solar home systems Nobel Laureate Prof Muhammad Yunus speaks at a programme organised at Radisson Hotel in Dhaka yesterday to celebrate the installation of one million solar home systems by Grameen Shakti. Prof Muhammad Yunus and his Grameen Shakti team were showered with praises from people of all […]

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Twelve-month average non-food inflation rises to 11.45 percent in 2012

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Forex reserve top $13b for first time

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The foreign exchange reserve crossed the $ 13 billion-mark for the first time on Monday, thanks to a robust growth of inward remittance as well as decreasing import payment. The reserve rose to $13.04 billion on the day — the first week this year– setting a new record, according to the central bank statistics. Kazi […]

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Bangladesh’s GSP facility might be scrapped if govt fails to show improved labour standards Inam Ahmed After several years of warning to act on labour standards that fell on deaf ears, the US has finally initiated actions that may take away Bangladeshi products’ duty-free access to the US. The United States Trade Representative on December […]

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Economy stable, but risks lurking within

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CPD says GDP growth will be more than 6pc, but below govt's target debt counseling From left, Dabapriya Bhattacharya, distinguished fellow of the Centre for Policy Dialogue; Mustafizur Rahman, executive director; and Fahmida Khatun, head of research, attend a press conference yesterday at the CPD office on Bangladesh's macroeconomic performance. Photo: StarStar Business Report The […]

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A week to promote e-commerce

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Organisers and partners at the press conference.IT & Telecom Report For the first time in the country, e-commerce week will be held from tomorrow in the capital. The programme with the theme 'Shop online: Anytime. Anything' has been organised by the Bangladesh Bank along with Bangladesh Association of Software and Information Services (BASIS). Dr. Atiur […]

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Fuel prices hiked again

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The government yesterday increased prices of diesel and kerosene by Tk 7 a litre, and octane and petrol by Tk 5 a litre to reduce its subsidy burden. The price of diesel and kerosene has been raised to Tk 68 a litre, and the prices of octane and petrol have been increased to Tk 99 […]

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Banks pass a gloomy year

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Scams and dull stocks eat into their profit; state banks the worst sufferers Banks ended 2012 on a gloomy note as the recent scams and a sluggish stockmarket brought down their operating profit growth to only 0.56 percent. A total of 34 banks made a profit of Tk 18,660 crore, which was Tk 18,556 crore […]

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35 officials of Sonali, other business entities sued

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The Anti-Corruption Commission on Tuesday filed 26 cases against 35 top officials of Sonali Bank and five business entities for misappropriating more than Tk 345 crore of depositors' money. The names of Hall-Mark Managing Director Tanvir Mahmud and General Manager Tushar Ahmed were also included in the cases on charge of abetting the five companies […]

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Retaining its position as the 2nd largest RMG exporter Refayet Ullah Mirdha Bangladesh enters 2013 with a firm footing as the world's second largest garment exporter, raising hopes for a new wave of business despite turbulent times in parts of the globe. The World Trade Organisation declared Bangladesh as the second largest RMG exporter after […]

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