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WB cuts FY25 growth forecast to 4 percent

The World Bank has slashed its forecast for Bangladesh’s economic growth by 1.7 percentage points to 4 percent for FY25 due to “significant uncertainties following recent political turmoil” and “data unavailability”. The global lender released a report, “South Asia Development…

PenCom okays ARM Access Pensions merger

The National Pension Commission has approved the merger of ARM Pension Managers Limited and Access Pensions Limited. In a statement on Tuesday, the commission noted that the consolidation had led to the formation of a new entity named Access ARM…

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