Mon, 20 Jan 2025, 08:50 pm
Economy

Afghanistan: World Bank halts aid after Taliban takeover

The World Bank has halted funding for projects in Afghanistan after the Taliban seized control of the country, reports BBC. It cited concerns over how the Taliban’s takeover will impact

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Chip giant IPO hit by Beijing crackdown on business

Chinese electric car maker BYD’s plan to sell shares in its computer chip making unit has been suspended, the latest share offering to be hit by Beijing’s crackdown on businesses.

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Govt’s purchase committee approves 8 proposals

The Cabinet Committee on Government Purchase (CCGP) approved eight proposals, including one for the printing, binding and supplying of 1,07,52,840 copies of textbook through 11 bidders. The approval came from this

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Hackers steal $600m in major cryptocurrency heist

Hackers have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever. Blockchain site Poly Network said hackers had exploited a vulnerability in its system

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Banks to return to normal operation hours from Wednesday

Banks will operate normally from Wednesday with customers’ transaction time from 10 am to 4 pm instead of current hours of 10 am to 2:30 pm. The Bangladesh Bank issued

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Snickers Spain pulls TV advert after homophobia accusations

Snickers in Spain has pulled a controversial TV advert that was heavily criticised for being homophobic. The 20-second commercial shows Spanish influencer Aless Gibaja transform into a bearded man with

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Banks to remain closed on Sunday

Banks will remain closed on Sunday, said the Bangladesh Bank in a circular issued on Thursday. However, banks’ transaction time on Monday and Tuesday has been extended by half an

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Qantas stands down 2,500 staff over Sydney lockdown

Qantas says it will stand down 2,500 staff as a lockdown in Sydney impacts air travel across Australia. The furlough – affecting pilots, crew and airport workers – will last

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Export-oriented factories allowed to run from August 1

The government of Bangladesh has allowed the operation of export-oriented factories from August 1. A gazette notification signed by deputy-secretary Md Rezaul Islam of cabinet division confirmed the matter on

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Facebook pays Tk2.5 crore VAT

Social media giant Facebook has paid a VAT return of Tk 2.5 crore to the Dhaka South VAT Commissionerate in July 2021. For the first time in the history of

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