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TCB starts selling essentials across country

The state-run Trading Corporation of Bangladesh (TCB) has started selling essential items to family cardholders across the country at a subsidized rate. Commerce Minister Tipu Munshi formally inaugurated the operations of the Programme at Babor Road area in the capital’s Mohammadpur on Tuesday morning. Some one-crore families across the country having cards would be able to buy such essential items ...

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UK invited applications for Chevening Scholarships

The British High Commission has invited applications from Bangladeshis for Chevening Scholarships to study in the United Kingdom. The scholarship offers full financial support for scholars to study for any eligible master’s degree at any UK university whilst also gaining access to a wide range of exclusive academic, professional, and cultural experiences. Applications will be accepted from August 2 to ...

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TCB’s product sale deferred by one day

Trading Corporation of Bangladesh (TCB) will start selling sugar, lentil and soybean oil at subsidised prices to one crore low-income families from Tuesday (August 2) instead of Monday. Although the allocation has started, the products will be available at the consumer level on Tuesday after Commerce  minister will inaugurate the program, TCB said on Monday morning. Only family cardholders can ...

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Russia cuts off gas supplies to Latvia

Russian state-run company Gazprom has said it has stopped sending gas to Latvia after accusing it of violating supply conditions, a move the Baltic country said would have little impact on its gas supplies. Russia has already cut off gas supplies to Poland, Bulgaria, Finland, Netherlands and Denmark, which refused to pay for gas in line with an order by ...

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Edible oil still being sold at previous rates

Edible oil is still being sold at the previous higher prices, even though the government has announced a reduction in prices of the goods in the country. Consumers are still buying the goods at their previous higher prices, as the markets are yet to see an increase in oil supply. The government and the Bangladesh Vegetable Oil Refiners and Banaspati ...

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Musk, Twitter get Oct. 17 trial in buyout fight

Twitter’s lawsuit to force Elon Musk to complete his $44 billion buyout bid is set to go to trial on October 17, a US judge has ordered, in a case with major stakes for both sides. The trial is due to open in a court in the eastern state of Delaware and is set to last five days to decide ...

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Apple and Amazon sales up despite rising prices

Amazon and Apple posted better than expected sales, reassuring investors that the tech giants will be able to weather slowdowns in global economies. Amazon forecast in a trading update that higher fees for its Prime membership would boost its bottom line, while Apple said demand for its all important iPhone remained strong. Both firms said they were making progress controlling ...

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Mongla Port witnesses first RMG export thanks to Padma Bridge

A foreign ship named Maersk Nesna left the Mongla Port in Bagerhat for Poland with Bangladeshi readymade garment (RMG) products for the first time after the launching of the Padma Bridge. Maersk Nesna, a Panama-flagged ship, left the port around 11:30am on Thursday with 17 containers of 27 garment factories. This is the first export shipment of readymade garments to ...

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No London-Bangkok British Airways flights until 2023

The airline was initially scheduled to resume London-Bangkok flights in November after suspending flights since December last year due to low demand, IANS reported. Tourism operators were hoping the airline would resume flights to Bangkok during the high season, but travel news agency TTG Media said Thailand is not high on BA’s list for flight resumption. This is because this ...

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Google-parent Alphabet’s profit slips as growth slows

Google-parent Alphabet on Tuesday reported its profit in the recently ended quarter slipped to $16 billion as its long sizzling ad revenue growth cooled. Big tech firms are grappling with multiple problems, from inflation to the war in Ukraine, and results for this quarter have not been great so far, reports AFP. Alphabet’s revenue in the period grew 13 percent ...

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