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Business
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New savings scheme for retired employees
Tk1 lakh investment to see Tk 2,750 return every 3 months
Retired employees of government, semi-government and autonomous bodies will be able to receive Tk 2,750 each every three months by investing Tk1 lakh in a new savings scheme.
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Indian Budget
Zero excise duty regime for textile on the card
The Indian government is mulling a zero excise duty regime in next week's budget for the country's textile sector to help it go for modernisation and get greater competitive edge in the quota-free international
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Nissan promises major expansion in Thailand
Japanese carmaker Nissan said Friday it will invest more than 10 billion baht (245 million dollars) in Thailand over the next five years in a bid to tap into Asia's booming auto market.
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India cannot afford to shun economic reform: Analysts
Despite communist influence on the new government, the future of India's economic reforms looks safe in the hands of a progressive cabinet, which will rely on the need for growth to push through investor-friendly
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New Product
Walton wristwatch
RB Group of Companies has introduced Walton brand wristwatch in Bangladesh market.The watch is available in two designs with one year warranty for males and females.
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Enlarged EU shows big tax level disparity
European Union newcomers have significantly lower corporate and income tax rates than the bloc's old members, but they are not guaranteed to see floods of foreign investment as a result, an EU study showed
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Weekly Currency Roundup
June 26-June 30, 2004Local FX Market
US dollar eased substantially against Bangladeshi taka in this week. Increased supply of USD helped to improve the liquidity position of the market.
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