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Bangladesh logs 20 more Covid cases

Bangladesh reported 20 more Covid cases in 24 hours till Monday morning. With the new numbers, the country’s total caseload rose to 2,036,948, according to the Directorate General of Health Services (DGHS). However, the official death toll from the disease remained unchanged at 29,437 as no new fatalities were reported. The daily case test positivity rose to 0.85 percent from ...

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BB creates fund to use undisbursed portion of farm loans

Bangladesh Bank (BB) has taken a decision to form a fund, title ‘Bangladesh Bank Agricultural Development Common Fund (BBADCF)’ for increasing farm production. Under the initiative, banks would deposit money equivalent to the undisbursed amount of farm and rural loans in the fund and the BB would give 2 per cent interest on the deposits, as per a BB circular ...

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Price fall in large-cap drives stocks down

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – on Sunday plunged further due to mainly price fall in large-cap securities. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 11.21 points or 0.18 percent to 6,245.61. Two other indices also ended sharply lower with the DSE 30 Index, comprising blue ...

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Bangladesh reports 17 Covid cases

Bangladesh on Sunday recorded zero Covid-19 death while it reported 17 coronavirus positive cases. “Bangladesh reported 0.65 percent Covid-19 positive cases as 2,612 samples were tested during the last 24 hours,” a daily statement of the Directorate General of Health Services (DGHS) said here. During the period, the combined figure of coronavirus infection in Dhaka district and the capital is ...

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COVID-linked deaths seen in Beijing after virus rules eased

Outside a funeral home in eastern Beijing, dozens of people were bundled up in parkas and hats against the freezing temperatures Friday evening as workers in full protective suits wheeled out coffins one by one. When an employee with a clipboard shouted the name of the dead, a relative trundled up to the coffin to examine the body. One of ...

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World stocks extend rout, oil prices drop on recession worries

A rout in global equities extended on Friday and government bond markets came under fresh selling pressure as hawkish tone from central bankers and weak data stoked recession fears. The selling spilled over into commodities markets, where oil prices dropped over $2 per barrel. Gold prices faced their biggest weekly loss in four weeks after the Federal Reserve indicated it ...

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New COVID model predicts over 1m deaths in China through 2023

China’s abrupt lifting of stringent COVID-19 restrictions could result in an explosion of cases and over a million deaths through 2023, according to new projections from the US-based Institute of Health Metrics and Evaluation (IHME). According to the group’s projections, cases in China would peak around April 1, when deaths would reach 322,000. About a third of China’s population will ...

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Soybean oil price declines by Tk 5 a litre

The price of soybean oil has decreased in the retail market of the country. This information was learnt from an emergency instruction of the Ministry of Commerce on Thursday. The revised price will be effective from December 18. According to the latest prices of soybean oil, the government has decided to decrease Tk 5 for one litre, Tk 19 for ...

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UK keen to take trained nurses from Bangladesh

Secretary of State for Health and Social Care of the United Kingdom (UK) Steve Barclay has expressed interest to take trained nurses from Bangladesh. Steve Barclay expressed his keenness at a meeting with Prime Minister’s Private Sector Industry and Investment Adviser Salman F Rahman in London on Monday, according to a press release received here today. In the meeting, Steve ...

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Is UK inflation going to keep falling?

The dip in the overall rate of inflation in the year to November should be the start of a few months of falls. October’s four-decade high now looks to have been the peak. But inflation will remain very high for months to come. Even talk of a moderation in the rate of price rises seems out of kilter with everyday ...

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