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Current News

Foreign debt payment shoots up in first quarter

The country’s external debt payment reached a new high of nearly $500 million in the first quarter (Q1) of this fiscal year. The quarterly debt-servicing data released by the finance division showed the repayment rose by over 24 per cent to US$ 495.2 million over the year-earlier period.

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Stocks tumble as Grameenphone plunges

Dhaka stocks dropped on Sunday as share prices of Grameenphone plunged following a Supreme Court order that asked the mobile operator to pay telecom regulator Tk 2,000 crore out of Tk 12,579.95 crore in ‘disputed’ audit claim in three months.

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Onion prices soar again

The prices of onion jumped up to Tk 25 per kg in the capital’s wholesale markets on Sunday on supply crunch of the bulb, traders said. Onions being flown in from Pakistan, China, Egypt and Myanmar are too scant to meet the local demand, they said. But the government is …

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