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The share price of National Life Insurance has seen an unusual rise in the last 16 working days although company high-ups said their business did not see any special growth during the period.
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GSK Bangladesh has convened a meeting next month as it seeks shareholders' nod to close its unprofitable pharmaceuticals business in the country.
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Bangladesh's stockmarket is being held back from reaching its potential because of the indiscipline in the banking sector, which has spoiled companies' attitude, said M Khairul Hossain, chairman of the Bangladesh Securities and Exchange Commission (BSEC).
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Experts have opposed the government's plan to extend the tenure of closed-end mutual funds by 10 years as the move may erode
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InterContinental Dhaka, formerly known as Ruposhi Bangla and Sheraton, is scheduled to open on September 13 after four years of renovations.
