Day: August 29, 2019

IFAD invests $1.2 billion in Bangladesh

DHAKA, The International Fund for Agricultural Development (IFAD) has an investment portfolio of $1.2 billion in Bangladesh, which is also their 3rd largest investment worldwide for a single country.Visiting country director of IFAD for Bangladesh and ...
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Bourses maintain declining trend

DHAKA, Country's capital bourse Dhaka Stock Exchange (DSE) closed in red zone today for the second consecutive session through price correction amidst investors' shaky participation.The market started with profit booking tendency that continued till th...
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Alpha Composite evades Tk 3.76cr VAT

DHAKA, Alpha Composite TowelsLimited, a local terry-towel manufacturing company, hasevaded Taka 3.76 crore as VAT through showing fake exports.After unearthing the tax dodging, Dhaka West VATAuthority has sent a demand notice to Alpha Composite TowelsL...
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India to allow 26% FDI in digital media space

NEW DELHI, The government of India has decided to allow foreign direct investment (FDI) in various sectors including digital media and liberalizing rules for single-branded retail to boost investment in private sector.It also allowed FDI in coal mining...
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Quader turns down BNP’s call for national unity

DHAKA, Awami League general secretary and Road Transport and Bridge Minister Obaidul Quader today said the BNP's call for the national consensus over the Rohingya issue was designed only to gain their narrow political interests.The whole nation is unit...
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