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Finance minister Abul Maal Abdul Muhith speaks at a pre-budget discussion with chairpersons of the parliamentary standing committees on different ministries held at the National Economic Council auditorium in Dhaka on Sunday. — New Age photoChairpersons of the parliamentary standing committees on different ministries on Sunday recommended introducing cash incentives for consumers against their payment […]

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If the new banks, especially the failing ones, want to come back to business, they have to practice inclusive banking, and other new types of banking, in which there is huge market space and possibility of success A number of new banks are desperately striving to collect deposits by offering attractive rewards like jobs. But […]

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INTERNATIONAL SHIPPING: CHANGING PATTERN AND PHASES – IS IT GOOD OR BAD?     by F R Chowdhury          15/3/2018   Shipping is a complex and capital-intensive business. A major part of the international shipping was owned and operated by the developed western world. After the end of the World War-II, the […]

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bKash provides 38,000 books to support Bishwo Shahitto Kendro reading program The bKash Limited, a mobile financial service provider in Bangladesh, has handed over around 38,000 books to Bishwo Shahitto Kendro to facilitate its ‘Nationwide Enrichment Program’ for students through reading. Major General Sheikh Md Monirul Islam (retd), chief external and corporate affairs officer of […]

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 Dhaka-London direct cargo flights resume Wednesday as UK lifts the ban after two years   Biman Bangladesh Airlines is resuming direct cargo flights from Dhaka to London on Wednesday as the UK has lifted the ban on the services after two years. Shakil Meraz, a general manager at the national flag carrier, told bdnews24.com on Tuesday that […]

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Bangladesh faces major food-security challenges Updated:Mar 9, 2018 By Minhazur Rahman Rezvi Agriculture is essential for food security in two ways; it produces food for people to eat and it provides sources of livelihood for 36% of the world’s total workforce. In Bangladesh, almost half the population depends on agriculture for their livelihood. Agriculture is […]

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Centre for Policy Dialogue chairman Rehman Sobhan speaks while prime minister’s international affairs adviser Gowher Rizvi, CPD distinguished fellow Debapriya Bhattacharya and United Nations Development Programme resident representative Mia Seppo look on at a CPD public dialogue titled ‘Bangladesh’s Graduation from the LDC Group: Pitfalls and Promises’ in Dhaka on Saturday. — New Age photo […]

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The government has decided to take legal action against the readymade garment factories inspected under the national initiative that will fail to complete remediation work by April. The labour ministry in a recent meeting to review the progress of Remediation Coronation Cell came to a firm decision that the Department of Inspection for Factories and […]

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Star Business Report The high non-performing loan ratio remains a key concern for the banking sector, said a country paper on Bangladesh that was presented at a conference yesterday. Between 2014 and 2018, the NPL ratio has been hovering above the 10-percent mark, according to the paper titled “A Review of the Activities and Performance […]

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Centre for Policy Dialogue chairman Rehman Sobhan speaks while CPD distinguished fellow Debapriya Bhattacharya and Bangladesh Garment Manufacturers and Exporters Association president Md Siddiqur Rahman look on, among others, at the CPD dialogue on ‘Ongoing Upgradation in RMG sector Enterprise: Results from a Survey’ in Dhaka on Saturday. — New Age photo The ratio of […]

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Rescheduled once, Tk 57cr interest waived; Sonali Bank could not recover Tk 190cr from the airlines despite years of legal battle Towards the northern end of the Hazrat Shahjalal International Airport lies the broken down, dusty fuselages of GMG Airlines’ aircraft, rusting and rotting. But not only has the airlines been down for six years […]

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The global oil price hike has spiked Bangladesh’s remittance inflow despite concerns that it may hit the economy. In 28 days of February, the country received around $1.15 billion sent by expatriate Bangladeshis, a 22.14 percent year-on-year growth, according to data released by the Bangladesh Bank on Thursday. In the first eight months of the […]

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