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Business
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9 NBFIs to come under lens
BB concerned at high bad debt
The Bangladesh Bank (BB) has decided to monitor the activities of 9 non-banking financial institutions (NBFIs) as classified loans and provision shortfall of those went alarmingly high.
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Asia's labour force to grow 200m by 2015: ILO
Asia's economies face the challenge of finding jobs for an extra 200 million workers between now and 2015, according to a new International Labour Organisation (ILO) report out Monday.
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Oil prices up in Asia
Oil prices were higher in Asian trade amid lingering worries that the US subprime mortgage crisis will eventually hurt US economic growth, dealers said.
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PepsiCo to buy top Russian juice maker
US snack and beverage giant PepsiCo plans to buy 76 percent of Russia's largest juice maker, Lebedyansky, and is ready to pay up to two billion dollars, business daily Kommersant reported Monday.
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FDI in China up 17.8pc in July
Foreign direct investment into China in July reached 5.04 billion dollars, a rise of 17.8 percent from the same month a year earlier, the government said Monday.
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India Inc makes foray into Pak market
India Inc is steadily making inroads into Pakistan with as many as 424 Indian companies, manufacturing consumer goods, registering their products with Trademark Registry of the Intellectual Property Organisation
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Wal-Mart to help Indian retailers
Retail giant Wal-Mart, which has joined hands with Bharti Group for back-end business, is in talks with 'big' organised retailers in India for providing technical expertise in front-end operations and
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Motorola wins $394m China Mobile deal
Motorola Inc signed contracts worth $394 million in the first half of the year to supply telecoms gear to China Mobile, the larger of China's two wireless carriers, the firms said on Monday.
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Motorola wins $394m China Mobile deal
Motorola Inc signed contracts worth $394 million in the first half of the year to supply telecoms gear to China Mobile, the larger of China's two wireless carriers, the firms said on Monday.
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Dollar stable in Asia
The dollar was broadly steady in Asian trade Monday as recent concerted action by the world's major central banks helped to restore some calm to volatile financial markets, dealers said.
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US airlines vie for China route
United Airlines has plans to start new flight services between California and two Chinese cities in next two years to exploit the booming US-China route, but the airline is facing stiff competition from
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