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Intel’s $20bn US factory may become world’s largest chip plant

Intel Corp said on Friday it would invest up to $100 billion to build potentially the world’s largest chip-making complex in Ohio, looking to boost capacity as a global shortage of semiconductors affects everything from smartphones to cars. The move is part of Chief Executive Officer Pat Gelsinger’s strategy to restore Intel’s dominance in chip making and reduce America’s reliance ...

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BGMEA urges NBR to simplify business procedures

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the National Board of Revenue (NBR) to remove customs and bond related obstacles from the way of business to expedite the growth of the apparel and textile industry. A delegation of BGMEA headed by President Faruque Hassan made the call during a meeting with NBR Chairman Abu Hena Md Rahmatul ...

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Biman to start direct Sharjah flight from Jan 25

Biman Bangladesh Airlines will start direct flight to United Arab Emirates (UAE) city of Sharjah from January 25 for the convenience of expatriate Bangladeshis. Initially, the national flag carrier will operate four weekly fights on every Tuesday, Thursday, Saturday and Monday, a Biman press release said on Thursday. The return flights from Sharjah will reach Dhaka via Chattogram, it added. ...

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Roundup: UK quarterly job vacancies hit record

Job vacancies in the United Kingdom (UK) rose to a new record of 1,247,000 between October and December 2021, an increase of 462,000 from the January-to-March 2020 level, the country’s Office for National Statistics said on Tuesday. The ratio of vacancies to every 100 employee jobs was also record high at 4.1 in the same period, reports Xinhua. Most industries ...

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OMS rice to be available at Tk 30 per kg from tomorrow

The government will start Open Market Sale (OMS) of rice and wheat at Tk 30 and Tk 18 per kg respectively from Thursday in all upazilas across the country, said Food Minister Sadhan Chandra Majumder on Wednesday. The Food Minister came up with the information while talking to reporters at the DCs’ conference at the Osmani Memorial Auditorium, reports UNB. ...

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Emirates suspends some flights to US on 5G issue

Dubai’s Emirates airline announced on Tuesday that it will suspend flights to several destinations in the United States as of Jan 19 until further notice because of concerns over 5G mobile deployment. The move is “due to operational concerns associated with the planned deployment of 5G mobile network services in the US”, the company said. It said the destinations include ...

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Bank of Japan lifts inflation forecast, no policy change

Japan’s central bank revised its inflation forecast on Tuesday and adjusted its view of price risks, while leaving its monetary easing policy in place in a nod to lingering pandemic uncertainty. As prices rise swiftly in other economies, Japan’s inflation remains relatively feeble, and still far below the long-held two percent target seen as necessary to turbo-charge the world’s third ...

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Primo S8 released in market

Walton’s new flagship smartphone Primo S8 has been released in the market. The device’s features include a powerful battery, four rear cameras, a punch-hole selfie camera, and 6.78-inch full HD plus LTPS display, reports UNB. Walton Mobile Chief Business Officer SM Rejoan Alam said: “Equipped with a full 3D glass panel, Primo S8 is available in mirror black and ocean ...

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Govt exploring rooftop, floating solar power for scarcity of lands: Minister

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government is exploring options like rooftop and floating solar power plants as alternatives to land-based ones due to scarcity of lands. He said it is not possible to set up land-based large scale solar plants as lands are being used for agriculture and other necessary purposes, ...

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Netflix raises monthly subscription prices in US, Canada

A smartphone with the Netflix logo is seen on a keyboard in front of displayed “Streaming service” words in this illustration taken March 24, 2020. Photo: Reuters/Dado Ruvic Netflix Inc has raised its monthly subscription price by $1 to $2 per month in the United States depending on the plan, the company said on Friday, to help pay for new ...

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