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China retail sales, industrial production slow in Aug

Chinese retail sales and industrial production growth slowed in August, official data showed Saturday, as leaders in Beijing seek paths to achieve growth targets despite consumers’ reluctance to spend...

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Hafizur takes charge as FBCCI administrator

Bangladesh Competition Commission member Md Hafizur Rahman formally took charge on Thursday as administrator of the Federation of Bangladesh Chambers of Commerce and Industry...

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Head and Zampa star as Australia beat England

Travis Head made a valuable 59 and leg-spinner Adam Zampa took two cheap wickets as Australia beat England by 28 runs in the first T20 international at Southampton on Wednesday.

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Authorities must immediately address apparel sector unrest

THE ongoing labour unrest in the apparel sector that has led to the shutdown of more than a hundred factories is gravely concerning for owners and employees in the sector and the economy. The unrest at a time when fresh orders come aplenty is feared to have a lasting negative impact on the sector. September and October are crucial for the sector as most...

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Unresolved Adivasi questions and state reforms

AT LAMA upazila in Bandarban, different companies have been active for a long time in their attempts to grab jum lands and hill ecosystems to establish rubber gardens. One such hill is called ‘soroi hung’ — soroi hill — in the Mro language. The Lama Rubber Industries Limited exists on 400 acres of forcefully grabbed jum land and hill forest of soroi hung...

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Hafizur Rahman appointed as administrator of FBCCI

The interim government has appointed Md Hafizur Rahman, member of Bangladesh Competition Commission and former additional secretary, as administrator to the Federation of Bangladesh Chambers of Commerce and Industry...

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PMI improves in August: MCCI

The purchasing managers’ index increased in August by 6.6 points, but the economic indicators of August were on the downward trend, according to the latest reading of the PMI index published by the Metropolitan Chamber of Commerce and Industry...

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Walton declares 350pc cash dividend

Walton Hi-Tech Industries PLC, an electronics’ company listed on the capital market, declared 350 per cent cash dividend to its general shareholders for the financial year 2023-24, according to a press release...

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Outsiders provoke RMG workers’ unrest: IBC

The Industriall Bangladesh Council at a press conference on Saturday said that outsiders provoked readymade garment workers to start the recent unrest as none of their member organisations supported demonstration at this time...

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Japan hammer China, Australia stunned

Japan made a rampant start to the decisive third round of Asian qualifying for the 2026 World Cup by hammering China 7-0 but Australia suffered a shock home defeat to...

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McCullum ready to be 'judged on results'

Test coach Brendon McCullum says he is ready to be judged on results when he takes charge of England's white-ball teams in a major leadership shake-up.

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The win for the future!

Mushfiqur Rahim has seen it all. He was in the West Indies when Bangladesh won their first away series in 2009, in Mirpur when they stunned England and Australia in 2016 and 2017, and in Mount Maunganui when the Tigers pulled off a miracle over the Kiwis in 2022...

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Banks asked to give exporters loans to pay staff salaries for Aug

The Bangladesh Bank has instructed the country’s commercial banks to extend loan facilities to export-oriented industries for the payment of salaries and allowances for August, saying that the recent disruptions from political instability and global economic conditions affected timely export value repatriation...

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DCCI seeks increased credit flow to CMSMEs

The Dhaka Chamber of Commerce and Industry on Tuesday called upon authorities concerned to increase credit flow to the cottage, micro, small and medium enterprises...

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Economy remained strained in Apr-June of FY24: MCCI

Bangladesh’s economy faced significant challenges in the fourth quarter of the 2023-24 financial year, with issues such as inflation, shortfall in revenue collection, slow public expenditure, depreciation of the taka and declining foreign exchange reserves continuing to exert pressure, according to the Metropolitan Chamber of Commerce and Industry, Dhaka’s economic review...