The government today approved a purchase proposal of two cargoes of liquefied natural gas (LNG) from …
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People will soon be able to borrow digitally from banks to pay utility bills and top up their mobile phones. The interest-free loans, ranging from Tk 50 to Tk 5,000, will have to be repaid within 30 days. There will be no interest on such loans. Banks will instead be …
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The government is taking steps to establish new fish sanctuaries in haor and wetland areas to boost the breeding and production of native freshwater fish, said Fisheries, Livestock and Agriculture Minister Mohammed Aminur Rashid. The minister also revealed plans to replace the conventional leasing system of water bodies with a …
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Bangladesh Bank (BB) has introduced detailed rules for appointing temporary administrators to troubled banks and finance companies, giving them broad powers to protect critical operations, assess financial conditions and facilitate the resolution of failing institutions. The central bank issued the “Regulations for Temporary Administration under the Bank Resolution Act, 2026” …
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The dollar fell sharply Friday after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rate hike by the Federal Reserve that could slow growth in the world’s biggest economy. Stocks gained on the report that showed 23,000 jobs were …
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A remote Australian town will become a “cornerstone” of the Western supply of scandium, a rare earth needed for defence, planes and data centres, miner Sunrise Energy Metals said on Saturday after a $400 million US pledge. The Pentagon announced a $400 million conditional loan commitment to Sunrise to build …
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The National Board of Revenue has extended the tax exemption facility till 2036 to the private sector power generation companies which will go into commercial operation between June 30, 2024 and June 30, 2025. The income tax wing of the revenue board on Tuesday issued a gazette notification in this …
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The government today approved a purchase proposal of two cargoes of liquefied natural gas (LNG) from BP Singapore Pte Ltd at a combined cost of more than Taka 1,850 crore, including advance income tax, amid continued efforts to ensure uninterrupted gas supply. The decision was taken at a meeting of the Cabinet Committee …
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