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Business
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RMG industrial park to be set up in Munshiganj
BGMEA, Bscic sign MoU
The long-awaited industrial park for the garment industry is going to come into being, as the government formally launched its move yesterday to relocate 390 apparel units on the outskirts of Dhaka.
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Retail giants crowd into China
As Wal-Mart, Carrefour and other foreign retailers crowd into China, they are greeted with open arms by a government which, in this industry at least, shows few protectionist proclivities.
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Spanish company to buy 37.5pc Tata firm stake
Tata Group firm Automotive Stampings & Assemblies Ltd yesterday said Spain-based Gestamp Servicios SL will acquire 37.5 per cent stake in it in a deal that could be valued at nearly Rs 36.31 crore.
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Indo-Pak trade holds potential to hit $9b: WB
The World Bank said bilateral trade between India and Pakistan, now at $1 billion, could be pushed nine times to $9 billion with the removal of barriers relating to politics, infrastructure, corruption
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Phone and fun industries connect in Barcelona
The mobile phone industry buzzed with talk of the "next billion" and closer ties with the entertainment business last week as more than 1,000 companies gathered here for one of the biggest telecom trade
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Cash-hungry US states eye business tax
A handful of states are taking a new look at an old, often-criticized business tax to thwart what they say are too many companies avoiding their fair share of taxes.
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Citigroup to list on Tokyo bourse
US financial giant Citigroup Inc. plans to list on the Tokyo Stock Exchange by the end of this year, making it the first American firm to do so in six years, a news report said Sunday.
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