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

Thrust on ensuring sound corporate governance

Experts have put thrust on aligning the private sector, from where more than 70 per cent revenue income is generated with the implementation process of Sustainable Development Goals (SDGs) to ensure the economic growth of the country.They also highlighted creation of highly skilled manpower to strengthen the capacity of existing...

Singer's operating profit soars 40pc in 2018

FE DeskSinger Bangladesh Limited announced a 40 per cent increase in operating profit, whilst reporting its audited results for the year ended December 31, 2018. The company's turnover increased by 24 per cent to Tk 13.7 billion in 2018. Gross margins increased to 28.5 per cent in 2018 from 28.2...

BB for AML, CFT practices with effective utilisation of tech-savvy innovations

bKash Limited in association with Bangladesh Financial Intelligence Unit (BFIU) and Bangladesh Bank on Saturday organised a day-long workshop on 'Technological innovations and its impact on AML & CFT Practices in MFS' for the senior officials of bKash to sensitise them on the issue. Abu Hena Mohd. Razee Hassan, Head...

HATIL bags 1st prize from NBR

HATIL Complex Ltd, the leading furniture brand of Bangladesh achieved 1st prize from NBR as the highest VAT payer at DITF-2019.NBR Chairman Md. Mosharraf Hossain Bhuiyan handed over the award to Mr. Moshiur Rahman, Director of HATIL recently. A total of 10 companies got this award. HATIL achieved 1st prize...

South Asia LPG Summit begins today

South Asia LPG Summit 2019 is going to be held in Bangladesh on 3-4th March 2019 at International Convention Hall Bashundhara (ICCB) Hall 4. More than 200 foreign delegates, exhibitors are expected to come to attend the 2-day conference & training programme. More than 80 local & international renowned companies...

Mahindra showcases its products at Indo-Bangla Auto Show

Mahindra & Mahindra Ltd., a part of the US $20.7 billion Mahindra Group, on Friday showcased its wide range of products spanning Pik ups, Personal Vehicles, Heavy Commercial Vehicles, Tractors, Construction Equipment and Diesel Generators, at the 2nd edition of the Indo-Bangla Automotive Show in Dhaka. Commerce Minister Tipu Munshi...

Wata Chemicals opens commercial operation of new unit

Wata Chemicals, a listed company, inaugurated the commercial operation of its new sulfuric acid unit (Unit-2) on Saturday to meet the growing demand of the products. Textiles and Jute Minister Golam Dastagir Gazi inaugurated the new unit at its factory in Narayanganj at Rupgonj.The new unit has a capacity to...

A syndicate meeting of Canadian University of Bangladesh was held on Saturday. Dr. Chowdhury Nafeez Sarafat,

A syndicate meeting of Canadian University of Bangladesh was held on Saturday. Dr. Chowdhury Nafeez Sarafat, Chairman and Board of Trustees, Prof. Dr. Atiur Rahman, Emeritus and Virtual Dean, honorary advisor and former governor of Bangladesh Bank, Prof. M.A. Arafat, Chief Advisor, Prof. Md. Mahbubur Rahman, Member, Shahnul Hasan Khan,...

Jet Airways founder agrees to step down as chairman

Jet Airways' founder Naresh Goyal has agreed to step down as chairman of the airline's board, two sources with direct knowledge of the matter told Reuters on Thursday, as the cash-strapped carrier inches closer to securing a rescue deal, reports NDTV Online.Mr Goyal, who founded the full-service carrier 25 years...

BUET experts visit GPH extended steel plant

CHATTOGRAM, Mar 2: A delegation of Bangladesh University of Engineering and Technology praised the GPH Ispat for its extended plant with the world's ultra modern technology of Quantum Ark Furnace Method.The 25-member delegation of the BUET recently visited the new plant at Kumira of Chattogram and held a view exchange...

Vanguard AML Rupali Bank Balanced Fund declares 5.0pc div

The board of directors of Singer Bangladesh has recommended 30 per cent stock dividend for the year ended on December 31, 2018.The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on April 23 at 10:30am at Singer Factory premises in Savar,...

Italian tiles showroom 'Nanogress Lifestyle Experience Centre' began its journey

Italian tiles showroom 'Nanogress Lifestyle Experience Centre' began its journey on Saturday in the city. Former chief architect of Public Works Ministry Shah Alam Zahiruddin, architect Shamsul Wares, architect Abu Sayeed M. Ahmed, architect Jalal Ahmed and architect Masudur Rahman were present as special guests in the inauguration ceremony. Noman...