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Bangladesh’s exposure to illicit financial flow very high: Unctad

Bangladesh lost a significant amount of tax owing to illicit outflow of funds that accounted for 36 percent of its total tax in 2015, said this year’s Least Developed Countries (LDC) Report released yesterday.

Stocks sink below 4,700 points

Continued slide in stocks brought the index of the Dhaka Stock Exchange (DSE) below the 4,700-point mark yesterday.

Tradable treasury bonds very soon: BSEC

Listed treasury bonds will be traded in stock exchanges soon, said the stock market regulator yesterday.

Global refiners raise cleaner shipping fuel output ahead of IMO 2020

Global oil refiners have upgraded processing units and adjusted operations to raise output of low-sulphur residual fuels and marine gasoil (MGO) to prepare for stricter shipping fuel standards that kick in on Jan. 1, 2020.

South African Airways running out of cash as unions seek to expand strike

South African Airways (SAA) is running out of cash and could be liquidated if the government doesn’t give it additional guarantees soon, a board member said on Wednesday, as trade unions threatened to escalate a crippling strike.

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