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Gold tops $4500 as silver surges to new peaks

Gold broke above $4,500 an ounce for the first time on Wednesday while silver and platinum also marked new record highs, as safe-haven demand and expectations of further U.S. rate cuts next year fuelled speculative interest in precious metals, reports Reuters. Spot gold was up 0.2% at $4,494.49 per ounce...

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IDCOL scholarship for students

Infrastructure Development Company Limited (IDCOL), as part of its Corporate Social Responsibility initiatives, awarded scholarship to 10 meritorious students at an award ceremony held at the NEC Auditorium on Monday. The program was organised in collaboration with the Economic Relations Division (ERD).The scholarship recipients, who are children of ERD employees,...

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Palm oil futures muted by firmer ringgit

KUALA LUMPUR, Dec 24 (Reuters): Malaysian palm oil futures traded flat on Wednesday as a firmer ringgit weighed on the market, though the currency pressure was offset by stronger crude oil prices.The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange shed 1 ringgit, or 0.02%,...

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BRDB WORKSHOP ON 'PUBLIC PROCUREMENT RULES, 2025'

Bangladesh Rural Development Board (BRDB) organised a daylong workshop on 'Public Procurement Rules, 2025 (PPR-2025)' at its conference room, Kawran Bazar, Dhaka, recently. SM Shakil Akhtar, Secretary, Planning Division, Ministry of Planning, was present as the chief guest while Sardar Mohammad Keramot Ali (Additional Secretary), Director-General of BRDB, presided over...

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Energypac launches Aristo Series SDB Box

Energypac Electronics Ltd has recently launched the Aristo Series 12 Way SDB Box, a reliable solution for safe and efficient electrical power distribution, especially designed for residential, commercial, and industrial usage that ensures electrical safety and durability. SDB stands for Sub Distribution Board, a secondary electrical panel that receives power...

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Oil rises on geopolitical tension

LONDON, Dec 24 (Reuters): Oil prices rose slightly for a sixth day on Wednesday, supported by robust US economic growth and the risk of supply disruptions from Venezuela and Russia, though prices were on course for their steepest annual decline since 2020.Brent crude futures climbed 16 cents, or 0.3%, to...

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