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PM narrowly escapes blast

Prime Minister Sheikh Hasina on Saturday narrowly escaped a bomb blast which occurred in a Dhaka neighbourhood minutes after her convoy passed the area, according to media reports. [caption id="attachment_9393" align="alignleft" width="300"]PM, Reuters Photo Photo Courtesy: Reuters[/caption] Several crude bombs exploded in Dhaka's Karwan Bazar area only 10 minutes after the prime minister's convoy passed, bdnews24.com reported citing a police official. The official added that one police personnel received minor injuries in the blas...

Prospects in Denim production

Emphasizing the use of environment friendly technology in RMG production, experts at a panel discussion on Monday said that it is possible to minimize the environmental impact of denim production. They expressed the opinion that new and environment friendly denim production techniques are important for the sustainability of the industry. denimsandjeansThe panel discussion “Development Prospects in Denim Production - the Way Forward” was organized in a city hotel as part of the 3rd Denimsandjeans.com Bangladesh S...

Forex reserves cross $23b

Foreign currency reserves have crossed $23 billion for the first time in the country’s history, on the back of steady export, remittance growth, and lower oil prices. The reserves now stand at $19.04bn, enough to pay off six months’ imports and second highest among SAARC countries The reserves stood at $23.03 billion yesterday, according to figures from the central bank. “A stable flow of remittances and export earnings contributed to the record reserves,” said Kazi Saidur Rahman, head of the forex reserve and treasury management department at the central ban...

GP Board Meeting today

According to the DSE News, a Board Meeting of Grameenphone Ltd (GP) will be held on Sunday, 08th dse cseFebruary, 2015 at 4 pm. It was listed in 2009 in stock exchanges. Last year the company declared 140 percent Cash Dividend.

Marico profits slip amid volatility

The continuing political volatility is taking a heavy toll on the sales of Marico Bangladesh, as the violence is creating obstacles in sending its products to different parts of the country, said Aditya Shome, managing director of the company. “The political turmoil is hurting our distribution network. The movement of goods to remote places has definitely become a challenge with certain pockets in the country being completely inaccessible.” violance BDThe fresh wave of political chaos since January 5 has also made it difficult for the...

Global wealth flowing to the richest: Study    

The richest one percent are likely to control more than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening global inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland, reports The New York Times. rich-peopleUnless things change, by 2016 wealth of the top 1% will exceed that of the rest of the world. The 80 wealthiest people in the world altogether own $1.9 trillion, the re...
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