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Pakistan imposes travel restriction on govt officials

In the wake of the prevailing situation in the country, the security and Federal Investigation Agency’s (FIA) immigration staff was put on high alert with a directive to stop any government official travelling abroad without a No-Objection Certificate (NoC), according to a senior FIA official. The move came after Asad Qaiser announced his resignation as National Assembly speaker late on ...

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Commerce Ministry to launch real time app for monitoring prices

The Commerce Ministry has decided to launch a real time app for monitoring import, production, and marketing of essential commodities to keep their prices stable. AHM Shafiquzzaman, Director General of Directorate of National Consumers’ Right Protection (DNCRP) and additional secretary of the Commerce Ministry announced the decision at a seminar on monitoring market and prices during Ramadan at Chattogram, UNB ...

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Rangpur produces all-time record 25.37-lakh tonnes of potato

Farmers have produced an all-time record of over 25.37 lakh tonnes of potato in all five districts of Rangpur agriculture region this season and are getting better prices. Market prices of potato are better this time following a realistic step taken by the government to increase its export to Singapore, Malaysia, the United Arab Emirates and other countries, reports BSS. ...

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Asian markets struggle to track Wall St on hawkish Fed

Asian markets limped into the weekend Friday at the end of a tough week dominated by the Federal Reserve’s hawkish tone that has set up an aggressive tightening of monetary policy, while oil drifted after another series of losses. The region struggled to take a lead from Wall Street, which recovered from steep intraday losses to end on a positive ...

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Tesla inaugurates huge Texas plant with ‘Cyber Rodeo’

Tesla welcomed throngs of electric car lovers to Texas Thursday for a huge party dubbed a “cyber rodeo” to inaugurate a manufacturing plant the size of 100 soccer fields. Online buzz has swelled ever since Tesla’s colorful but controversial founder and chief executive Elon Musk tweeted word of the event, with reports of perhaps as many as 15,000 guests taking ...

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Elon Musk is the richest person in the world again

Elon Musk has blown past billionaire rival Jeff Bezos to attain the rank of world’s richest person. Again. If you’re getting a sense of deja vu, it’s because Musk has already been the world’s richest person by overtaking Bezos in 2021. But the newly-announced Forbes billionaires’ list puts the SpaceX and Tesla boss’s personal fortune at $219 billion (£167 billion). ...

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BB to release new notes of Tk 23,000cr ahead of Eid

Bangladesh Bank (BB) will start releasing new currency notes of Tk 23,000 crore in the market from April 20 through 32 branches of different scheduled banks. The central bank has already printed new notes to meet the demand ahead of holy Eid-ul-Fitr, said Md. Serajul Islam, executive director and spokesperson of BB. The new notes will be exchanged through 32 ...

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Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global supply chain woes. The world’s biggest smartphone maker forecast 2022 first-quarter operating profits of about 14.1 trillion won ($11.6 billion), up from 9.4 trillion won in the same quarter last year. Samsung did not provide ...

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Evaly chairman released on bail

Evaly chairman Shamima Nasrin was released from Kashimpur Women’s Central Jail in Gazipur on Wednesday. She was released about seven months after she was arrested along with her husband and Evaly chief executive officer Mohammad Rassel at their Mohammadpur residence in Dhaka. Shamima walked out of Kashimpur Women’s Central Jail at about 6:00pm on Wednesday, said the jail’s senior jail ...

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Bangladesh economy to grow by 6.9% in FY2021-22: ADB

Bangladesh’s gross domestic product (GDP) is expected to grow by 6.9 per cent in the running FY2021-22, according to an Asian Development Bank report released on Wednesday. The bank’s Asian Development Outlook (ADO) 2022 said the growth forecast reflects rebound in external trade and recovery in domestic economic activities fuelled by implementation of stimulus packages and increased remittance. Inflation is ...

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