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Business
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ADB calls for capacity building of Dhaka-Ctg transport corridor
Warns any failure to cost 20pc of foreign trade potential
Improving capacity of the Dhaka-Chittagong Transport Corridor is an enormous challenge for Bangladesh, said the Asian Development Bank (ADB) giving a note of warning that in case of any failure to build
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Utilise duty-free access facilities to Australia
Bangladesh envoy in Canberra urges local firms at Sydney show
Bangadeshi businesses should take the advantage of duty-free access of products from least developed countries (LDCs) to Australia, said Bangladeshi High Commissioner to Australia M Humayun Kabir.
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Delhi vows to curb inflation
The Indian government sought a political consensus Thursday to try and curb inflation in a bid to limit the financial pain being felt by the nation's poorest citizens.
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China raises interest rates
China announced Friday it would widen the trading band of its currency and raise interest rates, apparently to counter foreign criticism of its exchange rate and rein in its runaway economy.
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Toyota unveils priciest hybrid vehicle
Toyota's commitment to hybrid automobiles was on full display Thursday when it unveiled its most expensive gasoline-electric vehicle yet -- the 15 million yen ($124,000) luxury sedan Lexus LS.
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Blair could run for WB chief ?
Outgoing British Prime Minister Tony Blair could be a contender for the new president of the World Bank, a post traditionally reserved for an American, a former bank executive said Friday.
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Oil prices mixed in Asian trade
Oil prices were mixed in Asian trade Friday in a market focussed on problems facing US refineries just ahead of the key US summer driving season, dealers said.
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Canadian dollar hits 30-year high
The Canadian dollar surged to a 30-year high at 91.65 cents US, up 0.41 of a cent in morning trading, amid a roaring economy and a looming interest rate hike, economists said Friday.
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Credit rating of Prime Bank upgraded
Credit Rating Information Services Ltd (CRISL) has upgraded the credit rating of Prime Bank Ltd to 'AA' from 'A+' in its long-term scales while reaffirmed 'ST-2' rating for the short-term obligationsof
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G8 Finance Ministers Meet
Strengthening financial market stability aimed at
The world's most powerful finance chiefs began a two-day meeting Friday to consider steps aimed at strengthening financial market stability, supporting sound governance in Africa and regulating the 1.
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