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

Factory owners want govt support for short period

Apparel sector leaders on Thursday demanded of the government to provide policy support, including cash incentive, to facilitate implementation of the recently revised wage structure for the readymade garment (RMG) workers. "Government should come forward to support us, at least for a short period of one to two years, for...

Soybean oil, potato prices slide; broiler chicken rises

Prices of soybean oil and potato declined in the city markets last week bringing some relief for the consumers who are already battered with rising costs of rice, meat and fish.However, broiler chicken prices witnessed a hike by Tk 5.0 per kilogram (kg) during the period.This was the second time...

BAB accredits 16 companies

Bangladesh Accreditation Board (BAB) accredited 16 national and multinational testing and inspection companies on Thursday.Industries Minister Nurul Majid Mahmud Humayun handed over the accreditation certificates to the companies as chief guest at an event organised by BAB at the industries ministry.State Minister for Industries Kamal Ahmed Mojumder was the special...

Fake medicine makers to face harsh action: Maleque

Health and Family Welfare Minister Zahid Maleque has said that the government will take stern action against manufacturing and marketing of sub-standard medicines for ensuring better health of the people.He also warned that if any doctor or nurse is found not discharging their duties sincerely then the government will remove...

Ctg bypass road to open in May

CHATTOGRAM, Jan 31: Despite repeated time extension for implementation of the Dhaka-Chattogram Highway-Bayezid Bostami Bypass Road, the Chittagong Development Authority (CDA) is still far away from completion of the project.CDA now expects to complete the project by December 2019, three years later than the schedule.Project Director (PD) Engineer Rajiv Das,...

Unilever Q4 sales miss expectations

LONDON, Jan 31 (Reuters): Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by inflation in Argentina and flat volume growth in developed markets, in its first set of results since new Chief Executive Alan Jope took charge.The maker of Dove soap and Ben & Jerry's ice cream said fourth-quarter underlying...

Follow HK convention to develop shipbreaking industry: Minister

Industries Minister Nurul Majid Mahmud Humayun on Thursday suggested ship-breakers to follow Hong Kong convention for making the country's shipbreaking industry world class.The minister made the call while speaking at a meeting with members of Bangladesh Shipbreaking and Recyclers Association (BSBRA) at his Secretariat office, reports UNB.Nurul Majid said the...

CTBA election Sunday

The election of Chattogram Taxes Bar Association (CTBA) will be held on Sunday next with three panels contesting the election. Chief election commissioner Kazi Mohsin Chowdhury said all preparations have been completed and candidates have been urged to obey the election rules strictly. The formal publicity of the said election...

Documents being exchanged after signing MoU between SIBL and Fars Hotel & Resorts

Documents being exchanged after signing a memorandum of understanding between Social Islami Bank Limited (SIBL) and Fars Hotel & Resorts in the city on Thursday with Managing Director & CEO of the bank Quazi Osman Ali and Managing Director of the hotel Akram Hossain present. Under the agreement, Islamic debit...

BGMEA President Md Siddiqur Rahman handing over cheques

BGMEA President Md Siddiqur Rahman handing over cheques of group insurance to the nominees of garment workers, who died while working, at a function at BGMEA auditorium in the city on Thursday

Prof Rubina Hamid presenting a crest to Health and Family Welfare Minister Zahid Maleque

Prof Rubina Hamid, chairperson of BD Thai Group and Sunlife Insurance Company Ltd, presenting a crest to Health and Family Welfare Minister Zahid Maleque at a reception at International Convention City Basundhara in the capital recently

Newly-elected office-bearers of MCCI, Dhaka

The newly-elected office-bearers of Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI), led by its President Nihad Kabir, presenting a bouquet to Planning Minister MA Mannan before meeting him at his office in the capital on Thursday

Prospective buyers

Prospective buyers looking at products of different pharmaceutical companies and labs at the 11th Asia Pharma Expo' and 'Asia Lab Expo' in the capital on Thursday — FE photo

Motorcycle handover ceremony through BRAC Bank motorbike financing

Business Manager of ACI Motors Robiul Haque and Head of Retail Lending Products of BRAC Bank Dewan Imteaz Ahmed posing for photo with others at a motorcycle handover ceremony through BRAC Bank motorbike financing facility from Crescent Enterprise, a dealer at Mirpur in the capital, recently