Create Tk 100b revolving micro loan fund, simplify tax policies

Microfinance sector leaders have urged the government to introduce a range of supportive budgetary measures in National Budget 2025-26, including the establishment of a Tk 100 billion revolving Micro Loan Fund aimed at ensuring sustainable financing for the sector.At a pre-budget dialogue, they also called for simplified tax provisions and...

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Oil gains 1pc on Middle East supply fears

LONDON, May 21 (Reuters): Oil prices rose about 1 per cent on Wednesday after reports that Israel could be preparing to strike Iranian nuclear facilities raised fears of a supply disruption in the Middle East.Brent futures rose 67 cents, or 1 per cent, to $66.05 a barrel by 1310 GMT....

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Gold at highest in more than a week on soft dollar

Gold prices rose to their highest in more than a week on Wednesday, supported by a weaker dollar and safe-haven demand as US President Donald Trump failed to convince Republican holdouts to back his tax bill, reports Reuters.Spot gold was up 0.3 per cent at $3,298.19 an ounce, as of...

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