Finance News: Latest Financial News, Finance News today in Bangladesh

Thrust on eco-friendly RMG production process

Speakers at a seminar on Saturday put stress on an environment-friendly production process in the country's growing garment and textile industry which is adversely affecting the environment by excessive use of resources and producing waste.Terming the environmental pollution 'concerning', they also pressed for the need for transformation in the production...

Newly-elected BGMEA office-bearers take over

New office-bearers of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) took over the charge of the trade body officially on Saturday for the term of 2019-21.Dr Rubana Huq has become the new and first female president of BGMEA.Outgoing president of the trade body Md Siddiqur Rahman and his board handed...

SCB launches specialised services for NRBs

Standard Chartered Bangladesh (SCB) on Saturday launched a new product, 'Swadeshi Banking', for providing specialised financial services to the non-resident Bangladeshis (NRBs) across the globe.With the new product, a client will avail wide range of services like money transfer from abroad, invest in Bangladesh, digital access to the account and...

Beef gets dearer ahead of Shab-e-Barat

The price of beef increased further in the city kitchen markets ahead of the holy occasion of Shab-e-Barat, a religious event to be observed across the country on Sunday night. Visits to some kitchen markets by the FE correspondents on Saturday suggested that beef was selling between Tk 560 and...

Package VAT to be revised: NBR chief

Our CorrespondentSYLHET, Apr 20: Chairman of National Board of Revenue (NBR) Md. Mosharraf Hossain Bhuiyan has said the package VAT system would be revised before the next budget in line with the opinion expressed by different quarters.He also said that the 15 per cent VAT rate wouldn't be continued for...

PRAN eyes doubling milk collection by 2025

PRAN Dairy, a sister concern of PRAN Group, has planned to double its milk collection capacity by setting up five more dairy hubs in the country's south-western region within 2025.Currently, the agro processing company has the capacity to collect 200,000 litres of milk everyday from its existing five dairy hubs...

Focus on use of atomic energy to achieve SDGs

Nuclear experts at the Atomexpo-2019 in Russia have called for use of atomic energy to ensure sustainable development, says a statement.While countries all over the world are committed to cut down their greenhouse gas emissions to meet the Paris Agreement goal, the experts gathered at the 11th edition of the...