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

Focus on curbing illegal cross-border trade

The Bangladesh and Indian customs intelligence began the first-ever Director General (DG)-level talks in Dhaka on Sunday, focusing on building an institutional framework to check illegal trade, exchange more information and promote formal bilateral business. DG of Bangladesh Customs Intelligence and Investigation Directorate (CIID) Dr Sahidul Islam has been leading...

StanChart honours 12 companies

A total of 12 companies received the Standard Chartered Bangladesh Trade Awards 2018 at a ceremony in the city on Saturday, says a statement.The winners in the textile and garments segment were Ha-Meem Group, Youngone Corporation, Epic Group, Square Group and Pacific Jeans Ltd. And the winners from other industries,...

Producers of BOPP films seek import tax revision

Local producers of biaxially oriented polypropylene (BOPP) films on Sunday sought reformation in import tax measures to safeguard the domestic industry.They placed the demand at a public hearing, organised in this regard by the Bangladesh Tariff Commission (BTC) in its office in the city.BOPP films are used in industries like...

WB to provide $100m to upgrade four city areas

WASHINGTON, Mar 31: The World Bank has approved $100.5 million to improve public spaces and urban services in four neighbourhoods under the Dhaka South City Corporation, reports UNB.The Dhaka City Neighboorhood Upgrading Project will benefit about a million residents. It will especially cater to the needs of women, youths, elderly...

Good governance, political will must to ensure safe migration

Good governance and political will are must for ensuring fair and ethical recruitment of the migrant workers, said rights campaigners and civil society members on Sunday.They also stressed the need for proper implementation of existing laws to curb malpractice in this sector.The speakers made the observation at a workshop on...

DSCC will not allow risky business: Mayor

Dhaka South City Corporation (DSCC) Mayor Sayeed Khokon said on Sunday the corporation will never allow the businesses to carry out business which is risky to the lives of city dwellers. "We want to see an expansion of business, but the city corporation will not allow the businesses posing risks...

Joint project to help improve nutrition of women workers

A joint project titled 'Nutrition of Working Women (NoWW)' was launched on Sunday to improve women workers' health and nutrition in the country's knitwear sector.The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and the Nutrition International (NI), a Canada-based global organisation working to free everyone, everywhere from malnutrition, jointly launched...

Young professional summit at DU today

The Dhaka University Career Club (DUCC) and LightHouse Bangladesh are jointly going to hold the 'IPDC Young Professional Summit 2019' at Nabab Nawab Ali Chowdhury Senate Bhaban today (Monday).The opening ceremony of the summit will be held at 10.00 AM in the Bhaban where Dr Atiur Rahman, former governor of...

Sonali Bank General Manager Md Nurul Islam handing over certificates

Sonali Bank General Manager Md Nurul Islam handing over certificates to a participant at the closing ceremony of a five-day training workshop on innovating civic services, organised by the bank for its officers in the city recently

ONE Bank distributes scholarship to students

As a part of the CSR activities, ONE Bank Limited (OBL) has recently arranged a scholarship distribution ceremony for the financially insecured but meritorious students of different educational institutions of Dhaka and sub-urbs of Dhaka at the Officers’ Club in the city, according to a press release.Chairman of the board...

China factory activity grows for first time, but exports weak

BEIJING, Mar 31 (Reuters): Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, suggesting government stimulus measures may be starting to take hold in the world's second largest economy.If sustained, the improvement in business conditions could indicate that...

‘Edtech’ boom transforms how Indian kids learn

MUMBAI, Mar 31 (AFP): From a multi-billion-dollar education startup to wired-up mannequins, technology is helping to revolutionise the way Indian schoolchildren are learning-provided their parents can afford it.A host of online platforms are taking advantage of a surge in smartphone ownership to engage millions of youngsters with interactive games and...

Brexit fears for UK shop owners in Germany

BERLIN, Mar 31 (AFP): As the United Kingdom grapples with its Brexit drama, the uncertainty around its decision to leave the EU persuaded Dale Carr to close down her Berlin shop selling British goods.The 67-year-old from Sheffield and her husband Robin in 1996 opened "Broken English", a shop selling British...

A file photo showing employees working

A file photo showing employees working on the production line of a factory manufacturing fashion accessories in Sihong county, Jiangsu province, China recently — Reuters

Myanmar's sea trade reaches over $11 billion

YANGON, Mar 31 (Xinhua): Myanmar's trade with foreign countries through sea route reached over 11.05 billion US dollars as of March 15 in the current fiscal year 2018-2019 starting in October last year, according to Myanmar's Commerce Ministry on Saturday.During this period, Myanmar's maritime export hit over 4.2 billion US...