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Business
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Investors keep faith in banks
Five bank IPOs see over-subscription this year
Although there is no sign of recovery of the dull capital market, initial public offerings (IPOs) of private commercial banks are witnessing huge over-subscription reflecting investors' firm confidence
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DITF 2004 expects more participants
600 applications for 400 stalls, pavilions
The 10th version of Dhaka International Trade Fair (DITF) to be held next year will attract more participants than the previous year, organisers hope as they are getting good response from business firms
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Internal buyers active at Ctg tea sale
The weekly tea sale held here yesterday was the last in the month of Ramadan where internal buyers were the mainstay of the market particularly the blenders whilst there was fair enquiry from Pakistan.
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Dollar continues easing against taka
The US dollar yesterday eased further against the Bangladesh taka thanks to higher remittance inflow on the occasion of Eid festival when the dollar was under pressure against major currencies, dealers
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Bank holiday Sunday
Bangladesh Bank and all scheduled banks will remain closed on Sunday on account of Shab-e-Qadr, said a press release yesterday.
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Repo auction
The Repo auction of Bangladesh Bank for commercial banks and financial institutions was held here yesterday. Seventeen bids of 1-Day tenor amounting to Tk 942.
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Demand for call money strong
The demand for call money was strong yesterday as some private banks faced pressure on their liquidity, fund managers said.The rate touched to its inter-high high at 10.
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Premier Bank holds Shariah Council meet
Premier Bank Limited held a meeting of the bank's Islami Shariah Council in Dhaka on Monday.Shah Abdul Hannah, chairman of the council, presided over the meeting, says a press release.
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