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

Bilateral trade with BD to increase even after Brexit

The visiting UK minister of state for Asia and the Pacific at the Foreign and Commonwealth Office has said bilateral trade with Bangladesh would increase even after Brexit.Bilateral relations between Bangladesh and the UK have always been strong and the trade and economic relations are excellent, Mark Field told reporters...

Experts call for proper implementation, monitoring of gender sensitive budget

Apart from increasing the allocation of gender sensitive budget, the government should emphasise more on its implementation and proper monitoring, experts said at a discussion on Sunday.They also called for clarifying different aspects of gender sensitivity in budget and specific interpretation of different initiatives by government departments to facilitate advancement...

BCSA to amalgamate with BSAA after 15 years

CHATTOGRAM, July 01: The Bangladesh Shipping Agents Association (BSAA) and the Bangladesh Container Shipping Association (BCSA) are going to be amalgamated after 15 years.The two important shipping associations of the country have decided to coalesce and work unitedly through resolving all shipping business-related issues and problems.The decision was taken at...

Bank Asia signs deal with UAE’s Innovations Int'l

Bank Asia Limited, a private commercial bank of Bangladesh, signed an agreement with Fintech Innovations International, UAE, in the capital on Sunday, says a statement.Under the agreement, Bank Asia will utilise Fintech's Trade Assets Platform for facilitating trade finance and working capital assets.Md. Arfan Ali, President and Managing Director of...

Jamuna Bank Foundation organises anti-drug campaign

The Jamuna Bank Foundation has organised a campaign to contain drug abuse in the country, says a statement.The foundation announced its anti-drug campaign at a seminar, titled "Severity of Narcotics and Our Responsibilities for Combating it", held at the National Press Club.Jamuna Bank Foundation Chairman Al-Haj Nur Mohammed was present...

GE offers most cost-effective technology for power plant

General Electric [GE] has made the world's fastest-growing fleet of gas turbines, officials of the US energy giant said.The turbines have significantly lowered the operating costs and reduced emissions at power plants.The GE's HA gas turbine has the capability to achieve more than 64 per cent combined cycle efficiency.Each 0.1...

Banking sector nearing 10,000-branch mark

The banking sector is going to set a new milestone as the number of bank branches across the country is likely to reach the 10,000-mark soon. The number of bank branches both in the private and public sectors stood at 9,981 by the end of May.Of them, 5,633 branches are...

ChemChina, Sinochem set to merge

BEIJING, July 1 (Reuters): Chinese state-owned Sinochem Group and ChemChina will merge to create a new company, financial publication Caixin reported late on Saturday.And Sinochem Chairman Ning Gaoning will become the chairman of ChemChina, it said.Reuters has reported that the two companies were in merger talks to create the world's...

Adviser of Japan Bangladesh Chamber of Commerce and Industry (JBCCI) Akhtaruzzaman

Adviser of Japan Bangladesh Chamber of Commerce and Industry (JBCCI) Akhtaruzzaman, its secretary general Tareq Rafi Bhuiyan (Jun) and director AK Mizanur Rahman paying tributes to the victims of the Holey Artisan tragedy by placing a bouquet at a makeshift memorial at Gulshan in the city on Sunday