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Gold prices rising

Bangladeshis will have to pay more for the glitter. After dropping thrice recently, the price of gold have risen by Tk 1,500 per bhori (11.664 grammes). The new rate of just over Tk 46,000 for a bhori of gold will ...

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The government has endorsed a project to install new dual-gauge rail lines on the Dhaka-Narayanganj route to facilitate commuting between the two cities. The Executive Committee of the National Economic Council (ECNEC), chaired by Prime Minister Sheikh Hasina, cleared the ...

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China unveils fresh support measures as economy shows renewed weakness

China announced fresh support measures on Friday for its slowing economy after data showed a worrying drop in bank lending and foreign investment growth falling to a two-year low. The central bank said it would lend 50 billion yuan ($8.1 ...

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Blockade-spurred supply disruptions drives prices

Consumers are feeling the pinch of high prices of goods as the countrywide non-stop transport blockade has severely disrupted supply. According to the government’s trading arm, the Trading Corporation of Bangladesh, prices of edible oil, lentil, meat, onion and milk ...

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Oil prices dip

Brent crude oil prices dipped back below $50 a barrel on Monday as Europe’s and Asia’s economic outlook darkened, although some price support came from falling US output. Analysts said prices were supported around current levels but warned that there ...

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Family businesses less forthcoming

Companies with predominant family ownership in Bangladesh are providing less information in their financial statements, says a research paper. Mizanur Rahman of Dhaka University’s department of Accounting & Information Systems, makes this observation on the basis of his analysis of ...

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Oil hits new post-2009 low below $56 as supply glut prevails

Business Desk :: Brent crude LCOc1 reversed early gains on Friday to fall to a fresh post-2009 low below $56 a barrel, as a glut of oil that has halved prices since June outweighed investors positioning at the start of ...

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Oil hits five-and-a-half-year low below $57 on supply glut

Business Desk :: Brent crude oil fell to a 5-1/2-year low of less than $57 a barrel on Tuesday as a global supply glut outweighed concerns of lost supply from Libya where battling militias have closed ports. The North Sea ...

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AMCL (PRAN) declares 32% dividend

Business Desk :: Agricultural Marketing Company Ltd AMCL (PRAN) has declared 32 per cent dividend to its shareholders for the year 2013-2014, said a press release. The announcement came from the 29th Annual General Meeting of Agricultural Marketing Company Ltd ...

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KEPZ stuck in ‘bad political culture’

Business Desk :: Commerce Minister Tofail Ahmed says “bad political culture” is responsible for the ongoing row between the Korean EPZ and the government. He said on Tuesday that it was the Awami League government that had allotted land for ...

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