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

19 errant trade organisations lose licences in over one year

A total of 19 trade organisations (TOs) have faced the music for breaching rules and regulations.Commerce ministry has cancelled the registration of the TOs of different sectors in the more-than-one-year period, according to ministry sources.For a period of enforced idleness and non-compliance of rules and regulations, the TOs were considered...

Rupali Haque elected BAPLC president, Altaf Hussain vice president

Rupali Haque Chow-dhury, Managing Director of Berger Paints Bangladesh Ltd, has recently been elected as the President of Bangladesh Association of Publicly Listed Companies (BAPLC) for the term of 2024-25.The Association also elected Syed M Altaf Hussain, Director of Pragati Life Insurance Ltd, as its vice president.The election was held...

No legitimate grounds to warrant sanctions: BGMEA

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan on Friday said they "do not believe that there is any legitimate ground" for imposing economic sanctions against Bangladesh, reports UNB."As far as garment manufacturing is concerned, Bangladesh has made its position to be a responsible manufacturing hub ensuring workplace...

World food prices hold steady in Nov: FAO

LONDON, Dec 8 (Reuters): The United Nations food agency's world price index held steady in November, with lower international cereal prices offset by higher prices of vegetable oils.The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 120.4 points in November, around October's...

Two-day fair showcasing different cattle breeds begins in Bogura

A two-day fair showcasing different cattle breeds begins in Bogura on Friday. Bangladesh Dairy Farmers’ Association (BDFA) organised the fair. — Focus Bangla

China's investments in Vietnam boom as US spending down

HANOI, Dec 8 (Reuters): Chinese investments in Vietnam have boomed this year in contrast to a slowdown in US spending and trade, official data show, as the world's two largest economies vie for influence in the strategic Southeast Asian country.The manufacturing hub stretching along the South China Sea is increasingly...

India's central bank holds rates

MUMBAI, Dec 8 (Reuters): India's central bank on Friday raised its fiscal year growth forecast on the back of a robust economy and flagged continuing tight monetary policy while it keeps watch over inflation risks.The Reserve Bank of India expects the economy to expand 7 per cent in the current...