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  • Container trucks are parked on a road at Tajgaon in Dhaka on January 5. Finance minister AMA Muhith on Monday said the government would revise the revenue collection target set for the current fiscal year by this month as the NBR fell short of target by Tk 8,509.69 crore in the first half of the FY14. — New Age photo

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Teams detect structural flaws in some units

The government-assigned inspection teams have found structural and electrical flaws in some readymade garment units during their fire and workplace safety assessment in 110 factories, people... Full story

Revenue collection falls Tk 8,509cr short of target in H1

Container trucks are parked on a road at Tajgaon in Dhaka on January 5. Finance minister AMA Muhith on Monday said the government would revise the revenue collection target set for the current fiscal year by this month as the NBR fell short of target by Tk 8,509.69 crore in the first half of the FY14. — New Age photo
Finance minister Abul Maal Abdul Muhith on Monday said the government would revise the revenue collection target set for the current fiscal year by this month as the National Board of Revenue fell short of target by Tk 8,509.69... Full story

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Muhith relishes his performance

AMA Muhith who was sworn in on Sunday as the finance minister again on Monday said he had discharged his duties with pleasure in the last five years although the country’s intelligentsia often... Full story

DSEX hits highest value since its launch a year ago

Dhaka stocks advanced for the fifth trading session on Monday with the key index of the bourse hitting the highest value since its launch a year ago as investors are anticipating further rise in share prices as the Awami League-led... Full story

Umrah service agents can give up to 1 lakh SAR guarantee without BB nod

Bangladesh Bank on Monday said local Umrah service agents will not require to take prior approval from the central bank to provide guarantee up to 1,00,000 Saudi Riyal to their counterpart agents in Saudi Arabia. Full story

3 more new banks to be PDs of govt securities from Feb 1

Three more newly-established commercial banks will be enlisted with the central bank as primary dealers of the government securities from February 1, said Bangladesh Bank officials. The three banks are NRB... Full story

BSEC provides checklist for banks, listed cos

Bangladesh Securities and Exchange Commission as the implementing authority of Corporate Governance Guideline has provided a checklist for banks and listed companies to get independent directors’ information. Full story

Portugal, Greece, Latvia highlight eurozone deflation risk

Consumer prices rose by an average of 0.3 per cent in 2013 in Portugal and fell by 0.9 per cent in Greece, according to data released Monday, showing the risk of deflation in the eurozone periphery remains real. Full story

BRAC EPL teams up with DEFTA to set up venture capital firm

BRAC EPL Investments and Silicon Valley-based Japanese venture capital firm DEFTA PARTNERS have recently signed a memorandum of understanding to set up a joint venture in Bangladesh for equity-related investment. Full story

India’s Tata launches new Nano with power steering

India’s struggling Tata Nano, launched in 2009 as the world’s cheapest car, unveiled a new, pricier variant of the jelly-bean shaped car on Monday featuring power-steering in a bid to boost flagging sales. Full story

India retail inflation eases in Dec

India’s retail inflation in December eased to a three-month low as vegetable prices fell, giving some relief to policymakers struggling to contain price pressures as growth hovers at a decade low. Retail prices rose an... Full story


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