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Are you eating safe?

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Agora to get its food items tested by a government research organisation before selling to customers Ahmad Ismail Mustafa, chairman of Bangladesh Council of Scientific Research (BCSIR), and Niaz Rahim, managing director of Rahimafrooz Superstores, shake hands after signing a deal in Dhaka yesterday. Rahimafrooz’s chain superstore Agora will use BCSIR’s technology to ensure safe […]

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WB says the country should cash in on its low-cost edge over the competitors From left, Ahsan H Mansur, executive director of Policy Research Institute; Zahid Hussain, a senior economist of World Bank in Bangladesh; AMA Muhith, finance minister; Ellen Goldstein, WB country director; Debapriya Bhattacharya, distinguished fellow of the Centre for Policy Dialogue, and […]

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Dhaka, Nov 14 (bdnews24.com)—Former central bank Governor Salehuddin Ahmed on Wednesday alleged that a part of the private sector credit was diverted to some other areas where it was not meant to go. “I conducted a study on 18 branches in Cox’s Bazaar, Netrokona and other areas recently and I found some businessmen took SME […]

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The comeback of GMG Airlines, which is now offline, by previously announced December this year is still uncertain as the airliner could not complete its ‘new business strategy’ yet. “It will take time, but the delay will not be from our side,” said Asif Ahmed, director (marketing, communication, HR and customer experience) of GMG Airlines. […]

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Dhaka, Nov 13 (bdnews24.com) – Bangladesh needs to attain 7.5 to 8.0 percent growth along with 8.0 percent remittance growth to reach middle income country status by 2021, says a World Bank report. The report titled `Bangladesh: Towards Accelerated, Inclusive and Sustainable Growth-Opportunities and Challenges` revealed that both GDP growth and remittances would play an […]

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The Emirates Group yesterday announced its half yearly results, which remain robust despite continued global economic pressure and high fuel prices. The Group posted $575 million net profit for the first six months of its current fiscal year that ended on September 30, up 68 percent from $343 million from September 30 last year, said […]

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Prime Minister Sheikh Hasina and her Belarusian counterpart Mikhail Myasnikovich witness the signing of 12 agreements and MoUs between Dhaka and Minsk at her office on Monday. Bangladesh and Belarus inked seven agreements and five memorandums of understanding (MoU) on Monday to strengthen bilateral relationship. The agreement and MoUs were signed for expansion of trade […]

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Shafiul Islam Mohiuddin, president of Bangladesh Garment Manufacturers and Exporters Association, speaks in a press briefing after the meeting with buyers at the BGMEA office in Dhaka Sunday.  Over two dozens of renowned global buyers on Sunday said Bangladesh is their first choice for garment sourcing in the wake of China’s shift from the RMG […]

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No appointment of directors in 2 months due to lobbying by political aspirants Powerful vested interests are lobbying for the posts of board directors of state-owned banks that have been plagued by irregularities due to interference from some outgoing directors with political affiliation. The tenure of the boards of state-owned-commercial banks (SOCB) expired in the […]

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Ride out the gloom

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Social businesses plan to create 22.14m jobs around the world by 2015 THE HEARTBEAT: Queen Sofia of Spain, right, and Prof Muhammad Yunus, left, beat drums with a group of artists who played an African drumming ensemble to open the Global Social Business Summit at the Austria Centre in Vienna yesterday. Photo: Nasir Ali Mamun […]

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Country’s export earnings this October registered a moderate growth of 6.25 percent totaling US$ 2077.03 million against $ 1954.78 million fetched in October last year due to moderate performance of woven garment, and agricultural and leather products. The strategic target of export earnings for October this year was $ 2022.00 million. According to data released […]

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Mahakhali kitchen market on Thursday became the capital city’s third commercial centre pledging to prevent traders from selling formalin-tainted commodities. The market will now have a machine that can correctly detect formalin in commodities like fish, fruits and other foodstuff. Commerce Minister GM Quader handed the machine _ donated by Standard Bank _ to ASM […]

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