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Business
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WTO Mini-Ministerial Meet
Dhaka for free movement of natural persons
Bangladesh reaffirmed its stand against unrestrained imposition of various import tariffs by the developed countries on exports from the LDCs and called for unfettered temporary movement of natural persons.
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Password
Tax on mobile phone lacks justice
Nearly eight-year old mobile phone services have been managing our day-to-day life. By now, it has become an integral part of more than six million citizens' productivity.
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Cash alone won't solve Africa's ills: IMF
As the world prepares to rock in aid of Africa, the IMF warned Thursday that cash help by itself will not transform poor nations' fortunes and may in fact set them back.
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Bata declares 125pc cash dividend
Bata Shoe Company (Bangladesh) Ltd has declared a 125 percent cash dividend comprising interim dividend of 105 percent and a final dividend of 20 percent for the year 2004.
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Daewoo founder Kim charged with fraud
South Korean prosecutors brought charges of fraud and embezzlement on Friday against former Daewoo group chairman Kim Woo-choong, once revered as an industrialist who helped build the country's economy.
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China reiterates no timetable on yuan revaluation
China's central bank Friday denied it is set to announce a revaluation of its currency after two US senators said US Federal Reserve chief Alan Greenspan and senior administration officials believe Beijing
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US Senate passes Cafta trade deal
The US Senate approved a controversial free trade pact with Central America and the Dominican Republic by a close 54-45 vote, with a battle likely at its next stage in the House of Representatives.
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US to cut duties on goods from tsunami-hit states
The United States will cut import duties on $500 million worth of goods from Asian countries hit by last year's tsunami, but raise them on over $1 billion worth of imports from other developing nations,
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Lanka's growth picks up in Q1 despite tsunami
Sri Lanka's economy grew 4.8 percent in the year through the first quarter, the central bank said Thursday, expanding faster than in the fourth quarter of 2004 despite the impact of December's tsunami.
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Weekly Currency Roundup
June 25-June 30, 2005
Local FX Market
US dollar was mostly steady against Bangladeshi taka. Demand for US dollar remained high.
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