IMF representative pledges continued support for BD
Maxym Kryshko, the Resident Representative of the International Monetary Fund (IMF) in Bangladesh, reaffirmed on Thursday the organisation's commitment to maintaining full cooperation with the country, reports UNB.He made the commitment during a courtesy call on the Governor of Bangladesh Bank (BB) at the central bank headquarters on Thursday. Dr...
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Inclusion of BD in US trade probe 'uncomfortable', but not a major challenge: BGMEA President
Mahmud Hasan Khan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), termed on Thursday the inclusion of Bangladesh in a US investigation into overcapacity and overproduction in the manufacturing sector as "uncomfortable," reports UNB.Reacting to the announcement by the office of the United States Trade Representative (USTR), the...
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Gold steadies as safe-haven flows offset strong dollar and reduced rate-cut bets
LONDON, Mar 12 (Reuters): Gold prices held nearly steady on Thursday, as support from safe-haven demand was offset by a stronger dollar and reduced expectations for interest rate cuts.Spot gold was little changed at $5,183.39 per ounce by 9:11 a.m. ET (1311 GMT). US gold futures for April delivery rose...
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Oil unlikely to hit $200 a barrel, US energy chief says
WASHINGTON, Mar 12 (Agencies): US Energy Secretary Chris Wright said on Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz and the US and Israeli war with Iran widened."I would say unlikely, but we are focused on...
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Air France, KLM hike long-haul ticket prices
PARIS, Mar 12 (AFP): Air France-KLM said Thursday it is raising long-haul ticket prices due to soaring jet fuel prices caused by the the Iran war."The current geopolitical situation in the Middle East has led to a sudden and significant increase in fuel prices, particularly kerosene. As a result, Air...
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