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Farmers pay more for rice after selling yield for lower prices

Poor and marginal farmers and sharecroppers keep facing trouble as they need to buy rice for higher prices after having sold the rice they would produce for low prices at the time of harvest. Market source said farmers were buying boro for prices between Tk 540 and Tk 600 a maund (37.3kg) but they sold it for prices between Tk 400 and Tk 430 soon after harvest. Most of the poor and marginal farmers said they were forced to sell their produces for prices lower than their production cost to meet their needs and repay loans they had taken before harvest in May.

Viettel to invest $250m in Teletalk

Vietnam's state telecoms operator Veittel will buy stakes and invest $250 million in mobile-phone operator Teletalk, the telecommunications minister said on Wednesday. They will forward a written proposal in a week, Raziuddin Razu said.

3 wins Nokia prize

Dhaka, Bangladesh -Nokia has recently announced the first three winners of the "Buy Nokia and fly to Bangkok" promotion that began on 10 June, 2008. The promotion offers buyers of any Nokia device from ten Nokia branded outlets a chance to win two tickets to Bangkok.