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Shire board says it favours o46 billion Takeda takeover bid By AFP | Last Updated: 25th April, 2018, 10:04

The decision comes after Dublin-based Shire rejected a string of overtures from Takeda, Japan's largest pharmaceutical company

Shire board says it favours o46 billion Takeda takeover bid

Shahjahan urges Arab nations to invest in tourism sector Shahjahan urges Arab nations to invest in tourism sector

Shahjahan says Bangladesh is keen to provide all kinds of facilities for the foreign enterprises those are willing to invest in the tourism sector


Dollar strengthens with bond yields, boosts Japanese exporters Dollar strengthens with bond yields, boosts Japanese exporters

Higher yields are a signal interest rates could rise and could weigh on markets as traders shift from equities to safer bond investments


PMO seeks draft gas tariff by next week PMO seeks draft gas tariff by next week

An official says the gas tariff for power plants, fertiliser units and other consumer levels has proposed to be made almost double


Remittance payments hit record in 2017: World Bank Remittance payments hit record in 2017: World Bank

Payments from immigrants back to their home countries rebounded to reach a new record in 2017


Remittance payments hit record in 2017: World Bank Remittance payments hit record in 2017: WB

The bank calls on countries to take steps to simplify the process to reduce the costs, including "introducing more efficient technology"


Tanners demand cent percent tax holiday in STE Tanners demand cent percent tax holiday in STE

Leaders of different associations including cold storage, poultry, biscuit, agro-processing, fertilizer, seeds placed their budget proposals for FY19


First Titanic menu fetches £100k at auction First Titanic menu fetches £100k at auction

The lunch, including consommé mirrette, sweetbreads and spring lamb, was served to officers on the first day of sea trials on April 2, 1912


US signals support for increase in World Bank funding US signals support for increase in WB funding

World Bank mulls a sharp increase in lending capacity in exchange for reforms to curb loans to higher income countries like China


GDP increases, not taxpayers: NBR chief GDP increases, not taxpayers: NBR chief

Mosharraf Hossain Bhuiya says if the tax rate is relaxed, the number of tax payers will not get down


Move to set up 800 MW combined cycle power plant in Khulna Move to set up 800 MW combined cycle power plant in Khulna

The project targets improving energy security in Bangladesh


Tokyo stocks open lower as attention shifts to earnings Tokyo stocks open lower as attention shifts to earnings

  Tokyo stocks opened lower on Friday after drops on Wall Street, as investors waited for earnings…


2.49 lakh workers go abroad, Bangladesh receives remittance $ 4,530 million till April Bangladesh receives remittance $4,530 million till April

Moreover, Bangladesh sends 2,49,528 workers overseas with employments till till April 13 this year


Trump, Abe fail to agree on US tariff exemption for Japan Trump, Abe fail to agree on US tariff exemption for Japan

Instead, the leaders announce they had agreed to start talks on a new “free, fair and reciprocal” trade agreement


Japan's vice finance minister denies sexual misconduct allegation Japan official denies sexual misconduct allegation

Junichi Fukuda says his comments were taken out of context


Manufacturing sector to get tax facilities in next budget: NBR Tax facilities for manufacturing sector in next budget

The NBR chairman says businesspeople are requesting to cut corporate tax saying that it will not only help boost revenue income


Asian markets rise as Wall St, N Korea provide positive lead Asian markets rise as Wall St, N Korea provide positive lead

Hong Kong rose 0.6 percent, Shanghai added 0.2 percent, Sydney advanced 0.3 percent and by the break Tokyo was 1.3 percent higher


MENA region needs to spend $260 bn on power plants: report MENA region needs to spend $260 bn on power

The region, which includes oil heavyweights Saudi Arabia, Iran and Iraq, must make the investments to add 117 gigawatts of power by 2022


IMF sees emerging Asia as top global growth engine IMF sees emerging Asia as top global growth engine

India is widely expected to be the next global growth juggernaut


CPD for maintaining macroeconomic stability CPD for maintaining macroeconomic stability

Centre for Policy Dialogue recommends maintaining a conservative macroeconomic stance of the national budget


IMF sees solid near-term global growth but risks beyond IMF sees solid near-term global growth

US President Donald Trump last month imposes steep tariffs on steel and aluminum imports


European markets rise as Chinese economy roars European markets rise as Chinese economy roars

Europe's stock markets rise Tuesday on China-driven global economic optimism


China's first quarter growth beats expectations at 6.8% China's economy grows faster than expected

The growth figures for January to March were also above Beijing's 2018 annual growth target of "around 6.5%"


Asia stocks fall after Syria strike Asia stocks fall after Syria strike

Most markets were down on Monday but the losses were limited


China's largest trade fair opens China's largest trade fair opens

The biannual China Import and Export Fair, also known as the Canton Fair, is considered as a barometer of China's foreign trade


Tk 1000-cr project to develop small, cottage industries: Amu Tk 1000-cr project to develop small, cottage industries: Amu

The Industries Minister says BSCIC will implement the project which will change the present scenario of the sector


Bangladesh garment manufacturers call for fair pricing Bangladesh garment manufacturers call for fair pricing

The garment manufacturers make the call at a conference on ‘Five years after Rana Plaza: Towards a responsible garment supply chain'


Forex reserves stand at $32.97bn Forex reserves stand at $32.97bn

Steady garment exports and remittances from Bangladeshis working abroad have helped build reserves in the recent years


China's March trade weakens, surplus with US at $15.4B China's March trade weakens, surplus with US at $15.4B

Exports contracted 2.7 percent from a year earlier to $174.1 billion, down from the 24.4 percent growth for the first two months of 2018


SoBs default loan stands at Tk. 55095 cr SoBs default loan stands at Tk. 55095 cr

As per the statistics of January, 2018, the amount of the defaulted loan of different government banks is Tk 55,095.33 crore


IMF head warns China on exporting debt through 'Silk Road' IMF head warns China on exporting debt

Lagarde makes the comments at a Beijing forum on Chinese President Xi Jinping's signature Belt and Road initiative


ADB projects 7pc GDP growth in current FY ADB projects 7pc GDP growth in current FY

ADB country director Manmohan Parkash launches the report at a press conference at its office


Iran sets single foreign exchange rate to rescue currency Iran fixes rate in bid to save currency

The new single rate has been set at 42,000 rials to the dollar


Bangladesh’s rice import volume to drop to one-fourth Bangladesh’s rice import volume to drop to one-fourth

Country’s dependency on rice import is expected to drastically reduce to a quarter from a record import of the staple – 36 lakh metric tons in 2017-18


Capital market to be in good position in couple of years, says Finance Minister Muhith Capital market to be in good position: Muhith

The shareholders of ICB approves 30 percent cash dividend against each share of Taka 10


ECNEC nods Tk 10,982 cr project for power transmission from Rooppur plant ECNEC nods Tk 10,982 cr project

The approval comes from the 22nd ECNEC meeting of the current fiscal year


US annual budget deficit forecast to hit $1 trillion US annual deficit to hit $1 trillion

It says that while the measures will temporarily boost the US economy, they will exacerbate its long-term debt


Govt to impose tax on social media Govt to impose tax on social media

"We are going to impose tax on Facebook, You Tube and Google. Every where they pay tax, but they don't pay any tax in this country," Muhith says


Government plans to achieve US$ 60 billion export earnings target by 2021, Tofail informs JS US$ 60 billion export earnings target by 2021: Tofail

He says the dependency on the key export item ready made garments (RMG) would be reduced


Graduation from LDC very important milestone, says World Bank Graduation from LDC very important milestone: WB

World Bank country director Qimiao Fan says Bangladesh continues a strong development trajectory


China bans exports to North Korea of weapons-related goods China bans exports to North Korea of weapons-related goods

The ban covers "dual use" industrial components, metal alloys and other materials that can be used in both civilian products and weapons

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