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Palak urges UK businessmen to invest in Bangladesh

State Minister for ICT Zunaid Ahmed Palak has urged businessmen of the United Kingdom (UK) to visit Bangladesh and invest here.
Palak, now visiting India, made the call at a meeting with UK Minister for Science, Innovation and Technology Paul Scully in Bangalore yesterday on the sideline of the G-20 minister level conference, said a press release here.
During the meeting, they discussed in details various issues related to mutual interests in the areas of trade, cashless economy, startup business exchange and B2B (business to business) matchmaking. They agreed to identify key issues to build up a digital economy that will benefit all.

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UK govt outlines plans to assure proximity of cash facilities

LONDON: Banks in Britain may face fines if they fail to provide access to cash withdrawals within a certain distance of customers, the UK finance ministry said Thursday evening.
Under a new framework, "the vast majority" of people and businesses in the UK should be no more than three miles (4.8 kilometres) away from a facility to withdraw or deposit cash, the Treasury said in a statement.
The government is granting the Financial Conduct Authority (FCA) watchdog the power to fine banks if they do not keep up with the standards of providing access to cash, it added.
According to the statement, currently most people in Britain living in urban areas can access cash points within one mile, but in more rural areas the distance rises to around three miles.

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Burger King India cuts tomatoes from menu as prices soar

NEW DELHI: Soaring vegetable prices after a bad harvest have prompted Burger King Indian outlets to take tomatoes off their menu items, following in the footsteps of other fast food giants. "Even tomatoes need a vacation!" read a notice at an outlet in the capital New Delhi on Thursday. "Due to unpredictable conditions on the quality and supply of tomato, we are unable to add tomatoes in our food... we are doing our best to get back tomatoes in our burgers." The burger franchise has operated across India since 2014, replacing its usual lineup of beef burgers with an assortment of chicken and vegetarian substitutes to accommodate Hindu objections to cattle slaughter.

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CRBC to develop Chinese Economic Zone in Chattogram

The government today approved a proposal in principle under which the China Road and Bridge Corporation (CRBC) will develop the external infrastructures of the Chinese Economic and Industrial Zone to be set up on some 784 acres of land at Anwara in Chattogram.
The approval came from the 18th meeting of the Cabinet Committee on Economic Affairs (CCEA) in this year held today virtually with Finance Minister AHM Mustafa Kamal in the chair.