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Business
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AB Bank Bad Loans
Tk43.68cr in 20 top defaulters' pocket
The amount of loans the top 20 defaulters of Arab Bangladesh Bank Ltd (AB Bank) borrowed reached Tk43.68crore, which accounts for 25 per cent of the bank's total classified loans.
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Rupali Bank Sell-Off
Sale, purchase papers to be ready by Sunday
The sale and purchase documents for handing over the state-run Rupali Bank to its buyer Saudi prince Bandar Bin Mohammad Bin Abdul Rahman Al Saudi is likely to be complete by next Sunday.
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Import spending up 19pc in Q1
Import spendings were up 19 percent in the first quarter of the current fiscal year as compared to the same period last fiscal due mainly to increased oil price and higher imports of essentials heavily
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Saarc chamber meet in Male today
The 37th executive committee meeting of the Saarc Chamber of Commerce and Industry (SCCI) begins today at Male, the capital city of the Maldives.
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Call for global alliance to promote free trade
British finance minister Gordon Brown and several of the world's business leaders on Monday called for a global alliance to promote free trade and fight those who argue for increased protectionism.
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Bank Asia opens branch in Rajshahi
Bank Asia Limited has opened a new branch at Rajshahi. With this, the total number of branches of the bank stands at 23, says a press release.
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Banks to remain closed Nov 7
Bangladesh Bank and all scheduled banks will remain closed on November 7 on the occasion of National Revolution and Solidarity Day, said a Bangladesh Bank press release.
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Indonesia to set up 3 more spl economic zones
Following the success of the newly established special economic zone (SEZ) covering Batam, Bintan and Karimun islands, the Indonesian government will develop similar SEZs in another three regions, a report
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China eyes free trade area with India
China is considering the possibility of establishing a free trade area with India, state media reported Monday, citing a senior official with the Ministry of Commerce.
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Oil below $59
Oil prices slipped below $59 on Monday as high fuel stocks in consumer countries blunted the impact of a new attack on Nigerian oil facilities.
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Mandelson in China to talk trade disputes
European Union Trade Commissioner Peter Mandelson arrived in China on Monday for a five-day visit during which the two sides will discuss their increasingly testy trade relations.
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