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Business
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BRTC bearing brunt of age-old loans
Incurs net loss annually despite operating profit
Burdened with huge bank loans, Bangladesh Road Transport Corporation (BRTC) is incurring annual losses despite having operative surplus.
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Study on $2b Tata investment plan near completion
Ishwardi, Sirajganj on priority list for steel, power plants
A feasibility study on proposed US$2billion investment plan in Bangladesh by Indian industrial giant Tata Group is at its final stage.
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ROK exports hit record high in ’04
South Korean exports hit a record high of more than 250 billion dollars in 2004, with the country's trade surplus doubling year-on-year to some 30 billion dollars, government figures showed Sunday.
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Ashraf Textile approves 2.5pc dividend
Ashraf Textile Mills Ltd has approved a 2.5 percent dividend for its shareholders. The approval was made at the company's 22nd annual general meeting held in Dhaka on Thursday, says a press release.
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US-Australia FTA goes into effect
A US-Australia free trade agreement took effect Saturday, eliminating tariffs on the overwhelming majority of goods sold between the two countries, US officials said.
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S Korea to sell huge T-bonds for forex
South Korea is to issue a record monthly amount of treasury bonds in January for foreign exchange market operations, reflecting concern the won's strength could exacerbate a slowdown in export growth,
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Japan CEOs see no economic upturn for 2005
A majority of chief executives at big Japanese companies predicted the country's economy would not improve in 2005 due largely to a possible US economic downturn, an opinion poll showed Sunday.
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