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Business
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New Subscription Law
Cellphone connection sales drop 30pc
The country's booming mobile phone industry may see four million less customers at the end of 2006 than the projected figure of 10 million as the new subscription regulation casts a shadow on the growth.
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Bangladesh struggling to build responsible market economy
Saifur tells Asia 2015 confce in London
Finance and Planning Minister M Saifur Rahman yesterday said Bangladesh is struggling to consolidate a democratic polity and build a competitive and responsible market economy alongside its fight against
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Britons unaware of hidden Asian poverty
Despite the fact that two out of three of the world's poorest people live in Asia, only one in five of the UK population thinks Asia has the most people living in poverty, said a survey.
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LC Opening
Dollar hits Tk 72.25
Dollar prices reached highest Tk 72.25 yesterday in case of opening Letter of Credit (LC) for import, up by Tk 0.35 from the previous day. The dollar price on Sunday was highest Tk 71.
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Banglalink introduces 'give and receive' offer
Mobile phone operator Banglalink yesterday launched a new promotional offer for its existing customers giving them as high as Tk 500 free talk time when they recommend new clients to the company.
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Dhaka Bank to offer banking service thru' GP SMS
Subscribers of mobile phone operator GrameenPhone Ltd having account with Dhaka Bank Ltd will soon be able to pay any bill, for which the bank is authorised for collection, through SMS (short messageservice).
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GM to sell almost entire stake in Suzuki
Suzuki Motor said Monday that ailing US auto giant General Motors had decided to slash its stake in the Japanese affiliate from 20 percent to three percent but continue with a strategic alliance.
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Asian tea confederation on the anvil
In a bid to cater to the common interests of three major tea growing Asian countries -- India, China and Sri Lanka -- the proposal for formation of a joint tea confederation is gaining momentum.
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China projects 8pc growth
Chinese Premier Wen Jiabao promised a modest economic growth rate of eight percent for 2006, and a massive US$420 billion budget spending to improve the relatively weak rural sector and create another
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Thailand cuts 2006 growth forecast
Thailand on Monday cut its economic growth forecast in 2006 due to the political turmoil over the leadership of embattled Prime Minister Thaksin Shinawatra. The economy will grow by 4.5-5.
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