Food inflation almost doubles in 12 months

Food inflation nearly doubled in March, spurred by rising prices for various essential commodities, including rice, that affected poor and fixed income groups, particularly in the rural. In March, food inflation was 6.89%, up from 3.89% over the previous year and 6.84% Compared with February, according to data released by the Bangladesh Bureau of Statistics […]

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Banks donate Tk 136cr to prime minister

The 37 commercial banks of the country offered on Monday to Tk 136 crore to three benevolent organizations: Prime Minister's Education Aid Trust, Shuchona Foundation and Rahman Jatir Janak Bangabandhu Commemorative Trust Sheikh Mujibur . Prime Minister Sheikh Hasina received funds from the Banking Association of Bangladesh, a forum for bank administrators, in a program […]

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Mercantile Bank gets new AMD

Mati ul Hasan was recently promoted as additional Managing Director of Mercantile Bank, the bank said in a press release. Before the promotion, he had served the bank as deputy general manager. Hasan began his career as a trainee administrator in IFIC Bank in 1984, according to the release. He had also served IFIC Bank […]

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Telenor closes down online platform ekhanei.com in Bangladesh

Telenor, the parent company of the leading mobile market operator Grameenphone, closes its online classifieds market ekhanei.com in Bangladesh from tomorrow. The group, one of the world's leading mobile operators, has made the decision due to the inability to develop the company into a sustainable business And profitable, read a press release on his website […]

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Telenor closes down online platform ekhanei.com in Bangladesh

Telenor, the parent company of the leading mobile market operator Grameenphone, closes its online classifieds market ekhanei.com in Bangladesh from tomorrow. The group, one of the world's leading mobile operators, has made the decision due to the inability to develop the company into a sustainable business And profitable, read a press release on his website […]

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Bank of China given licence to operate in Pakistan

Pakistan’s central bank has granted government-run Bank of China a licence to operate in the country to ease the financial requirements of Chinese-led “Belt and Road” projects, the central bank said on Saturday. China has pledged to invest some $57 billion in Pakistan’s rail, road and energy infrastructure through its vast modern-day “Silk Road” network […]

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Govt plans to use $7.55b foreign aid next year

The government is attempting to resort to the use of recurring foreign aid next year in order to correct the electorate before the national elections scheduled for 2019. Bangladesh could never use more than $ 4 billion in foreign aid over the course of a year, but the government plans to use about $ 7.5 […]

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Banglalink’s revenue shrinks 1.2pc | The Daily Star

Banglalink crude sales slipped 1.2 percent year on year to Tk 1,200.65 crore in the first quarter of the year after its active customer base decreased by more than 3 percent. In addition, intense price competition, which has accelerated as a result of the re-verification process of the SIM, has had a negative impact on […]

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