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Banks to remain closed on Sunday during countrywide strict lockdown

Banks will remain closed on Sunday also as per new instructions of the Bangladesh Bank following the countrywide strict lockdown that began on Thursday, July 1. A circular of the Bangladesh Bank, issued on June 30, said the banks will remain closed also on Sunday in addition to Friday, Saturday weekends during the lockdown until July 7. Banks will conduct ...

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US jobs growth picks up speed amid economic reopening

US jobs growth picked up speed in June as the economic reopening continued, official figures show. Employers created a larger-than-expected 850,000 jobs last month, driven by new posts in bars and restaurants, retail and education. Despite the boost in hiring, the unemployment rate was little changed at 5.9%, the US Bureau of Labor Statistics said. It comes as different industries ...

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Global tax deal backed by 130 countries

A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said on Thursday, but some EU states refused to sign up. The Organization for Economic Co-operation and Development said in a statement that global companies, including US behemoths Google, Amazon, Facebook, and Apple would be taxed at ...

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Microsoft receives VAT registration from NBR

Microsoft, the introducer of most widely used operating system Windows, today obtained Value Added Tax (VAT) registration from the National Board of Revenue (NBR). Through the registration, the non-resident company will have to submit monthly VAT returns to the government from now on. Microsoft is the fourth tech giant after Google, Facebook and Amazon that got registration from the VAT ...

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Nissan announces major UK electric car expansion

Nissan has announced a major expansion of electric vehicle production at its car plant in which will create 1,650 new jobs. The Japanese carmaker says it will build its new-generation all-electric model at the site. Its partner, Envision AESC, will also build a new electric battery plant. The new electric vehicle hub, launched with £1bn worth of investment, will also ...

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Bangladesh wants Qatar to invest in Special Economic Zones

Bangladesh has invited Qatar to benefit from Bangladesh’s growth by investing in its Special Economic Zones. Bangladesh also thanked the Qatari government for providing free Covid-19 vaccines to Bangladeshi expatriate workers in Qatar. Outgoing Ambassador of the State of Qatar to Bangladesh Ahmed Bin Mohamed Nasser Al Dehaimi met State Minister for Foreign Affairs Md Shahriar Alam in his office ...

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Govt suspend all domestic flights from Thursday, international flights to continue

The government has decided to suspend all domestic flights during the weeklong strict lockdown starting Thursday while the international flights to and from Bangladesh will continue as usual. “With effect from 0600 (6 am) BST (Bangladesh Standard Time) on July 1, 2021 until 2359 (11:59 pm) BST on July 7 all types of domestic flight operation by all air operators ...

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United Airlines bets on travel boom with big plane order

United Airlines has placed its biggest aircraft order to date in a bet on travel returning post-pandemic. The US airline confirmed it had ordered 270 Boeing and Airbus planes worth more than $30bn (£21.6bn) on Tuesday. Its chief executive Scott Kirby said the purchases would “accelerate our business to meet a resurgence in air travel”. The deal will see older, ...

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Turkey halts flights from Bangladesh, five other countries

Turkey has halted flights and all direct travel from Bangladesh, Brazil, South Africa, India, Nepal and Sri Lanka due to new variants of the coronavirus, the Interior Ministry said on Monday, reports Reuters. Those who arrive from other places but have been in the countries listed within the last 14 days will need to show a negative PCR test within ...

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