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Business
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Foreign banks grab 21pc of banking profit in '06
With only 0.63 percent market share in terms of branches, foreign banks operating in Bangladesh grabbed 21 percent or Tk1180 crore of the total banking sector profits of Tk5623 crore in 2006.
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US-ROK FTA faces tough road in Congress
The US-South Korea free trade pact faces a tough road in Congress amid a variety of concerns over Seoul's policies as well the US administration's handling of trade issues, analysts say.
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Dollar steady in Asian trade
The dollar was steady against the yen and euro in Asian trade Tuesday as the market waited for fresh US housing figures and the pivotal US monthly employment report due Friday, dealers said.
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Beximco Pharma starts drug exports to Ghana
Beximco Pharmaceuticals Ltd, a leading pharmaceutical company, has started drug exports to Western African country Ghana, says a press release. The first consignment of medicines included five products.
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BCS IT fair from tomorrow
The sixth nine-day computer fair styled 'City IT-2007' begins on the IDB Bhaban premises in Dhaka from tomorrow.
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EU industry chief urges transparency in China
EU Industry Commissioner Guenter Verheugen urged China on Tuesday to establish a more transparent system that would make it easier for European companies to export to the giant Asian market.
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11 hatcheries closed in Cox's Bazar
Some 11 hatcheries in Cox's Bazar have been closed due to acute shortage of mother shrimps, local hatchery owners told a press conference here yesterday.
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3-day medical show from April 6
A three-day medical equipment and medical services exhibition will begin in Dhaka on April 6 to exhibit latest technologies and services in the health sector.
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Increasing Trade and Investment
World Bank asks S Asian leaders to adopt bold reforms
The World Bank on Tuesday asked South Asian leaders to adopt bold reforms in a bid to increase trade and investment, relieve energy shortages and foster peace in the largely poverty-stricken subcontinent.
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Nikko pressures Citi to raise offer
Orbis Investment Management, a major shareholder of Nikko Cordial Corp, stepped up pressure on Citigroup to raise its $14 billion bid for the Japanese broker by offering to sell its stake on the openmarket
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