Business Desk: Dhaka, Aug-08, To help sustain and create jobs, improve services for people and protect small and medium sized enterprises, the International Finance Corporation (IFC) committed about $2 billion in the South Asian region in the past fiscal year, ending June 2022, with a key focus on helping countries recover from the impacts of […]
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Business Desk: Dhaka, Aug-08, Japan’s SoftBank Group on Monday reported a huge net loss of $23.4 billion in the first quarter, after central bank interest rate hikes worldwide caused tech shares to tank. The telecoms firm that has turned into an investment behemoth posted a net loss of 3.16 trillion yen, nose-diving from a net […]
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Business Desk: Dhaka, Aug-08, Asian markets struggled Monday and the dollar held big gains as a blockbuster US jobs report ramped up bets that the Federal Reserve will announce more sharp interest rate hikes as it tries to tame runaway inflation. While the employment reading — which was more than twice as high as expected– […]
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Business Desk: Dhaka, Aug-08, Tokyo stocks traded within a narrow range Monday after recent gains in Japanese markets and with US tech share prices softening. The benchmark Nikkei 225 index opened lower but quickly emerged above water and was trending up 0.15 percent, or 42.77 points, at 28,218.64, while the broader Topix index trimmed losses […]
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Staff Correspondent: Dhaka, Aug-07, The Bangladesh Vegetable Oil Refiners and Vegetable Manufacturers Association (BVORVMA), an association of owners of edible oil refining and marketing companies, has urged the government to hike prices of soybean oil by Tk 20 per litre. The BVORVMA gave this proposal to the Bangladesh Trade and Tariff Commission (BTTC) on August […]
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