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ECNEC approves eight development projects By Staff Correspondent | Last Updated: 1st November, 2017, 00:00

The government on Tuesday cleared a Tk 17.30 billion (1,730 crore) project to improve infrastructure of 520 rural haat-bazars across the country to facilitate marketing of farm and non-farm products from…

ECNEC approves eight 
development projects

Telecom division backs Teletalk network expansion programme Telecom division backs Teletalk network expansion programme

The Posts and Telecommunications Division recently requested the government for mobilizing a fund to…


Dream of Digital Bangladesh 
coming true: Palak Dream of Digital Bangladesh coming true: Palak

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Commerce Minister Tofail Ahmed has said the buyers are pressurising RMG factories by the Accord and…


Week-long
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DCCI team off to Turkey
to join export week DCCI team off to Turkey to join export week

A 16-member trade delegation of Dhaka Chamber of Commerce and Industry (DCCI), led by its Vice President…


NBR Rajshahi to realise
Tk 8b tax in current fiscal NBR Rajshahi to realise Tk 8b tax in current fiscal

RAJSHAHI: Rajshahi has set to realize taxes of Taka 8.32 billion (832 crore) in the current 2017-18…


NEWS OF THE DAY NEWS OF THE DAY

The gold price in Hong Kong closed at 11,888 Hong Kong dollars (about 1,523.90 U.S. dollars) per tael…


IMF backs Saudi $500b 
mega-city project
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DUBAI: The International Monetary Fund has endorsed an ambitious Saudi Arabian plan to build a $500-billion…


Europe’s recovery gathers 
pace despite crises Europe’s recovery gathers pace despite crises

BRUSSELS: Europe's economic recovery is gathering pace despite the Catalan crisis and ongoing uncertainty…


China factory activity 
slows in October China factory activity slows in October

BEIJING: Chinese manufacturing expansion slowed in October after two consecutive months of acceleration,…


Surge in UK consumer borrowing 
fuels likely interest rate rise
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LONDON: A near-double-digit increase in lending to households in the year to September has left the…


Asian markets largely quiet 
on back of US retreat Asian markets largely quiet on back of US retreat

HONG KONG: Asian markets were largely muted on Tuesday, tracking a retreat in New York as anticipation…


S&P maintains
stable outlook
for Pakistani
economy S&P maintains stable outlook for Pakistani economy

ISLAMABAD: International rating agency Standard and Poor's on Monday maintained the stable outlook…


Singapore records
rise in bank
lending Singapore records rise in bank lending

SINGAPORE: Singapore's total loans and advances by Domestic Banking Units (DBU) grew 6.17 percent…


China oil majors’
profits up on
firm demand China oil majors’ profits up on firm demand

SHANGHAI: China's two big oil giants PetroChina and Sinopec have reported strong third-quarter net…


S Korea’s business
sentiment falls on
less business days S Korea’s business sentiment falls on less business days

SEOUL: Sentiment among South Korean businesses declined this month on less business days, caused by…


NEWS OF THE DAY NEWS OF THE DAY

Sony said Tuesday it expects to book record annual profits as the once-ailing electronics giant pushes…


Gulf states to speed up 
switch from oil: IMF Gulf states to speed up switch from oil: IMF

DUBAI: The IMF on Tuesday advised energy-rich Gulf economies to speed up their diversification away…


India's economic 
growth slump India's economic growth slump

NEW DELHI: “We should be very careful lest fiscal actions undercut macroeconomic stability,”…


$129b in extreme weather 
losses last year $129b in extreme weather losses last year

PARIS: Extreme weather caused some $129 billion (111 billion euros) in economic losses last year, said…


Spain posts brisk growth but 
Catalonia impact yet to come Spain posts brisk growth but Catalonia impact yet to come

MADRID: Spain notched up vigorous growth in the third quarter, official data showed Monday, but economists…


Malaysia's producer
price rises 6pc Malaysia's producer price rises 6pc

KUALA LUMPUR: Malaysia's producer price index for local production rose 6 percent year-on-year in…


Sales of new
homes in Australia
continue to fall Sales of new homes in Australia continue to fall

SYDNEY: Australian new home sales fell in September, led by a significant drop in new apartments sold,…


Vietnam's
industrial growth up 8.7pc Vietnam's industrial growth up 8.7pc

HANOI: Vietnam's national index of industrial production in the first 10 months of 2017 increased…


India fiscal deficit rises to 91pc India fiscal deficit rises to 91pc

NEW DELHI: The Indian budgetary fiscal deficit over the first half of the current financial year --…


Mexico economy
to slow if US
quits NAFTA: Fitch Mexico economy to slow if US quits NAFTA: Fitch

MEXICO CITY: US withdrawal from the North American Free Trade Agreement (NAFTA) would lead to even slower…


Bank of Japan cuts annual inflation forecasts Bank of Japan cuts annual inflation forecasts

TOKYO: Japan's central bank cut its annual inflation forecast on Tuesday but kept its ultra-loose…


Stocks rise on large-cap vibe Stocks rise on large-cap vibe

Stocks saw upward trend on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges rose…


iPhone-8 launched 
in Bangladesh iPhone-8 launched in Bangladesh

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Ryanair holds profit forecast 
despite flights chaos Ryanair holds profit forecast despite flights chaos

LONDON: Ryanair said Tuesday it is sticking to its full-year profit forecast this year, despite cancelling…


Taka down against pound, euro Taka down against pound, euro

The local currency Taka went down against the UK pound and Euro while it remained unchanged against…


Commodity at a glance Commodity at a glance

Prices of most essential commodities remained unchanged in the city’s kitchen markets on Tuesday.…


CORPORATE CORNER CORPORATE CORNER

    United Commercial Bank Chairman Rukhmila Zaman presides over the 414th meeting of the…

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