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Business
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Warid Telecom launches operation today
Bangladesh's sixth mobile phone operator UAE-based Warid Telecom launches its commercial operation in the country today, aiming to gain 20 million subscribers within three years.
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Adviser sees manpower export satisfactory
Foreign Adviser Dr Iftekhar Ahmed Chowdhury yesterday said some 1,91,806 unskilled, semi-skilled and skilled workers were sent abroad from Bangladesh in the past four months.
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HSBC gives away Young Entrepreneur Awards
The Hongkong and Shanghai Banking Corporation (HSBC) Ltd formally gave away prizes among the local winners of Young Entrepreneur Awards (YEA) 2006-2007 at a function in Dhaka yesterday.
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US urged to press China harder on exchange rates
American manufacturing executives Tuesday urged the US government to get tougher with China on exchange rates, claiming the modest rise in the yuan has done little to ease the massive US trade deficit.
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Oil prices mixed in Asia
Oil prices were narrowly mixed in Asian trade Wednesday as the focus shifted from the recent attacks on the oil industry in Nigeria to upcoming weekly US energy inventory data, dealers said.
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Asean urged to free up services sector
Southeast Asian nations should turn their attention to opening up the services sector after accomplishing much in removing tariff barriers to trade in goods, Singapore's trade minister said Wednesday.
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SingTel net profit down 9.2pc
Southeast Asia's biggest telecom firm Singapore Telecommuni-cations Ltd (SingTel) said Wednesday net profit fell 9.
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Lucrative lottery sales halted in Indian state
Thousands of lottery ticket vendors in a southern Indian state were forced to down shutters Wednesday after a court upheld a ban on the trade, which rakes in 3.5 billion dollars in annual sales.
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Putin to visit Central Asia on energy quest
President Vladimir Putin travels to Central Asia Wednesday on a week-long quest to shore up Russian influence over the region's energy reserves amid competition from China and the United States.
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Asian stocks roar ahead
Asian stocks charged further into record territory Wednesday, riding the momentum and driven by merger and acquisition themes against a backdrop of bouyant investor confidence, dealers said.
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New chairman, vice chairmen of One Bank
Sayeed H Chowdhury has been reelected chairman of the Board of Directors of One Bank Ltd with effect from April 29, says a press release. He has also been reelected chairman of the bank's executive committee.
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Toyota posts record profits
Toyota Motor on Wednesday became the first Japanese company ever to post a two-trillion-yen operating profit thanks to sizzling overseas sales that have put it in global pole position.
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