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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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China exports surge in 2021 as global demand picks up

Chinese exports surged in 2021 on solid global demand as countries reopened, official data showed Friday, bumping its overall trade surplus to a record high and providing a much-needed boost to the stuttering economy, but officials warned of headwinds. The world’s second-biggest economy saw a quick rebound from the coronavirus last year — after cases first surfaced in a central ...

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Oil prices shrug off Omicron to reach two-month high

Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand from the Omicron coronavirus variant. US Federal Reserve Chairman Jerome Powell on Tuesday said that the economy of the United States, the world’s biggest oil consumer, should weather the current Covid-19 surge with only “short-lived” impact and is ready for the ...

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Bangladesh sets $80 billion export target for FY2024

The government has raised the annual export target to $80 billion for the fiscal year 2024 from the existing target of $60 billion. Finance Minister AHM Mustafa Kamal disclosed it while briefing journalists after two consecutive meetings of the Cabinet Committee on Economic Affairs and the Cabinet Committee on Public Purchase virtually on Wednesday. The Cabinet Committee on Economic Affairs ...

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Global economy heads for a sharp slowdown, Bangladesh to grow at 6.4%: WB

Global economic growth will dip sharply from 5.5% in 2021 to 4.1% in 2022 and 3.2% in 2023, even as Bangladesh’s annual growth is projected to be 6.4% in the current fiscal year and 6.9% in 2022-23, according to the World Bank’s Global Economic Prospects Report, released on Tuesday. Neighbouring India’s economic growth is expected to be 8.3% in the ...

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