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Business
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Agrani Bank to sell Padma Oil shares
In a bid to improve its financial health Agrani Bank has decided to sell shares of Padma Oil Company Ltd after holding them for more than three decades.
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DSE to woo Americans back to capital market
US ambassador visits bourse on Dec 1
Dhaka Stock Exchange (DSE) officials will try to woo Americans back to invest in Bangladesh's capital market when US Ambassador in Dhaka Harry K Thomas visits the premier bourse on December 1.
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EC may consider new quota system after '04
The European Commission (EC) has assured Bangladesh of considering a proposal to provide the country with an alternative quota system in the quota-free regime beyond 2004.
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Tea export drops slightly
Tea export dropped slightly in the first nine months this year.According to reports available here from the state-run Bangladesh Tea Board, 8.
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Dollar eases against taka
The US dollar eased further against Bangladesh taka in inter-bank trading yesterday thanks to higher remittance inflow on the occasion of Eid festival amid lower demand from importers, dealers said.
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Call money rate eases
The call money rate yesterday dropped significantly from its record high as funds are now recycling into the vaults from traders, now are going through high sales turnover due to Eid-shopping, fund managers
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Transcom Electronics prize giving ceremony held
Transcom Electronics Limited organised a function to hand over prizes to winners of its promotion campaign titled 'Open the Pack and Get a Bag, Open the Bag and Get an Offer' at Stadium Market in Dhaka
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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 five-day tenor amounting to Tk 677.50 crore were received and accepted.
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US to comply with WTO in trade rows: Official
The United States is committed to complying with findings by the World Trade Organization (WTO), which has ruled against Washington over steel tariffs and tax breaks, a senior US official said Monday.
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High fiscal deficit a worry for Indian economy
Finance minister says
Finance Minister Jaswant Singh said Sunday that the fundamentals of the Indian economy were at their strongest in decades but warned that the high fiscal deficit was a worry.
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UAE-China bilateral trade to hit $5b
The United Arab Emirates' (UAE) bilateral trade with China increased 42.8 percent in the first nine months of 2003 to 3.998 billion dollars, Deputy Manager of Chinamex Jimmy Ye announced Monday.
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Australia, US start fresh FTA talks next week
A new round of talks will be held in Washington this week to try to iron out obstacles in the way of a US-Australia free trade agreement (FTA), Australian Trade Minister Mark Vaile said Monday.
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