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

Patenga Container Terminal set for opening in June

CHATTOGRAM, Apr 26: The Patenga Container Terminal will be commissioned in June this year, marking the first time a foreign company will manage a terminal at Chittagong port.The container terminal, financed by the port itself, has been awarded to Red Sea Gateway Terminal International of Saudi Arabia under a 22-year...

Bangladesh participates in Japan IT Week

TOKYO, Apr 26 (UNB)- Bangladesh participated in Japan IT Week, Spring, 2024 held from April 24- 26, 2024 at the Tokyo Big Sight. Ambassador of Bangladesh to Japan Shahabuddin Ahmed and Managing Director of Bangladesh Hi-Tech Park Authority G S M Jafarullah, ndc, inaugurated Bangladesh Pavilion on 24th April.In the...

UK urged to ease visa for BD workers

State Minister for Expatriates' Welfare and Overseas Employment Shofiqur Rahman Choudhury MP has called on the UK government to ease visa conditions for Bangladeshi restaurant workers who want to work in the UK's hospitality and catering sectors, reports UNB.Shofiqur Rahman Choudhury MP was speaking as the chief guest at a...

Annual business conference of Delta Life Insurance

The Annual Business Conference for the year 2023 of Delta Life Insurance Company Limited was held at a hotel in Cox's Bazar. Chairman of the company and former member of the parliament Hafiz Ahmed Mazumdar was present as the chief guest. Chairman of the Executive Committee and ex-CEO Adeeba Rahman,...

National committee formed to boost fisheries sector growth

The government has formed a 29-member national committee on fish and shrimp to formulate necessary policy aimed at fostering growth in the sector.Members of the committee, headed by the Prime minister, include 12 ministers and junior ministers from different ministries, including fisheries and livestock, finance, industries, home, food, land and...

Global Basel Committee bolsters rules for supervising banks

LONDON, Apr 26 (Reuters): The world's forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting risks from climate change, the rise of non-banks, and digitalisation of finance.The Basel Committee on Banking Supervision, made up of banking regulators and central bankers from the G2O economies...

US economy slows in Q1, inflation flares up

WASHINGTON, Apr 26 (Reuters): The US economy grew at its slowest pace in nearly two years in the first quarter amid some moderation in consumer spending and a wider trade deficit, but an acceleration in inflation reinforced expectations that the Federal Reserve would not cut interest rates before September.The cooler-than-expected...

Pak economic conditions show improvement, says PM

Pakistan's economic indicators are showing positive signs, with an agenda of painful reforms and privatisation on track, Prime Minister Shehbaz Sharif said on Friday, ahead of an IMF board meeting to decide on a $1.1 billion funding for the country.The prime minister said, in an address to his cabinet that...