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Refiners seek further upward adjustment of edible oil prices

Local refiners have sought an upward adjustment of edible oil prices amid forecast of decline in prices of the item in the international market, sources said.In a letter sent to Ministry of Commerce (MoC), the Bangladesh Vegetable Oil Refiners' and Vanaspati Manufacturers' Association (BVORVMA) said: "There is an urgent need...

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Ukraine expects final IMF deal approval in coming weeks

LONDON, Feb 13 (Reuters): Ukraine expects its new $8.2 billion programme with the International Monetary Fund to be formally approved in weeks, its debt chief has told Reuters, a telegraphed but symbolic step, with the war with Russia about to grind into a fifth year.The agreement, which is set to...

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Argentina Senate passes Milei labour reform, advancing pro-market overhaul

BUENOS AIRES, Feb 13 (Reuters): Argentina's Senate approved President Javier Milei's flagship labor reform bill early on Thursday, marking a key advance for the libertarian leader's sweeping economic agenda.After debating the measure for more than 13 hours, lawmakers voted 42 to 30 to pass the reform and send it to...

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The capital city's Motijheel Commercial Area gives almost a deserted look on Friday

The capital city's Motijheel Commercial Area gives almost a deserted look on Friday following the 13th parliamentary election held on Thursday. The country saw a four-day holiday including the weekend.

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Saudi Arabia appoints new investment minister to bolster Vision 2030 delivery

DUBAI, Feb 12 (Reuters): Saudi Arabia appointed a senior executive at its sovereign wealth fund, Fahd bin Abduljalil bin Ali al Saif, as its new investment minister on Thursday as part of a shift in the Gulf state's far-reaching economic diversification plan.Al Saif had headed up the global capital finance...

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