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Business
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Dumping dogs local industries
Entrepreneurs seek anti-dumping measures
Several hundred small and medium industries may face closure amidst stiff competition after 2004 if the government fails to protect them from dumping by foreign companies, local entrepreneurs said.
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FTA with India to boost investment, export
Chambers, trade bodies hope
A free trade deal with India may boost foreign direct investment in Bangladesh and push the exports up, said leading chambers and exporters.
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Yarn prices rise as cotton costs go up
Textile mills association says
As yarn prices rose sharply local producers yesterday said rise in cotton prices in global market have compelled them to up yarn prices.
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July trade deficit doubles
With a sharp rise in imports, Bangladesh's trade deficit has doubled in the beginning of the current fiscal year compared to the same period of last year.
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Reverse Repo auction
The reverse REPO auction of Bangladesh Bank for commercial banks and financial institutions was held here yesterday.Two bids of 1-day tenor amounting to Tk 285.
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US panel votes to end tax breaks for exporters
A US congressional panel Tuesday voted to strike down tax breaks for US exporters, which have been deemed illegal by the World Trade Organization and which could draw massive European countermeasuresif
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India can compete with China: FM
China may be grabbing the lion's share of European trade in Asia but India is well placed to transform itself into a rival investment destination, Indian Foreign Minister Yashwant Sinha said Tuesday.
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Unctad says
Foreign investment up in service industries
Foreign investment into service industries is rising, with new areas such as telecoms attracting interest from more traditional financial and trading services, the United Nations Conference on Trade and
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