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

Cost may come down even to zero as market reopens soon

The cost of migration for Malaysia-bound Bangladeshi workers would come down under a proposed recruitment process, according to a decision of a joint working group meeting on Wednesday.Besides, the market is expected to be opened within a short period of time while all the eligible manpower recruitment agencies will be...

CAB launches call centre, online newspaper

Consumers Association of Bangladesh (CAB) has launched a call centre and a new online newspaper, 'voktakantho.com', aiming to help protect customers' rights in the country. The new services were formally inaugurated at a function at the auditorium of Daffodil International University (DIU) city campus on Wednesday.Director General of the Directorate...

FBCCI to help investors set up industries in Sylhet region

SYLHET, Oct 31: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will extend all necessary assistance to the investors in setting up industries in Sylhet region to spur industrialisation, said its president Md Shafiul Islam (Mohiuddin). He said it is unfortunate that there had been no industrialisation in...

Renowned brands join hands with Daraz to celebrate Biggest Sale Day

Daraz Bangladesh Ltd., the leading e-commerce company in the country, is bringing the World's Biggest Sale Day-11.11 to Bangladesh for the first time on November 11, says a statement. The platinum partner of the event is Lever Ayush from Unilever. Samsung, Umidigi and Lux are the gold partners. Apex and...

Automation key to ins coverage expansion

Automation in insurance sector can change its present landscape though widening its coverage, a senior official has said.It will also ensure transparency and accountability on the one of the key financial fronts, he added.Automation would help facilitate mobile financial system in the country which ultimately expands insurance coverage, said Financial...

Jamuna Bank Limited Director Golam Dastagir Gazi MP (Bir Protik) inaugurating the Jamuna Bank Foundation Dialysis Centre

Jamuna Bank Limited Director Golam Dastagir Gazi MP (Bir Protik) inaugurating the Jamuna Bank Foundation Dialysis Centre at Shantinagar in the capital recently. Chairman of the foundation Nur Mohammed and Jamuna Bank Managing Director Shafiqul Alam were, among others, were present on the occasion

SCB gets new Country CFO

Md. Abdul Kader Joaddar Md. Abdul Kader Joaddar has been appointed as Country Chief Financial Officer of Standard Chartered Bangladesh (SCB). He will be a member of the bank's Country Management Team in Bangladesh. Prior to joining the Standard Chartered, he was working as the deputy managing director and CFO...

200th meeting of board of directors of Bangladesh Thai Aluminium

Chairperson of Bangladesh Thai Aluminium Ltd Prof Rubina Hamid presiding over the 200th meeting of its board of directors at the company's board room in the city recently. Managing Director of the company Ruhul Ameen was present, among others

China battles 'unfair' trader image with import expo

SHANGHAI, Oct 31 (AFP): President Xi Jinping opens a huge Shanghai import fair next week at which armies of Chinese companies will shop for billions of dollars in foreign goods as China seeks to counter charges that its markets aren't open.But not everyone is buying it.China's trade war adversary, the...

Standard Chartered profits up by 25pc

HONG KONG, Oct 31 (AFP): Asia-focused bank Standard Chartered on Wednesday said pre-tax profits rose 25 per cent in the first nine months of the year, and warned it was keeping tabs on worsening China-US trade tensions.The results come as the world's top two economies have imposed a series of...

BoJ lowers inflation forecasts again

TOKYO, Oct 31 (AFP): Japan's central bank revised down inflation forecasts again on Wednesday, in the latest sign that it has made little headway towards its 2.0 per cent target despite years of massive monetary easing.The Bank of Japan (BoJ) left that easing programmeme in place, as expected, and slightly...