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

NIPPON KOYI of Japan to be consultant

CHATTOGRAM, Aug 01: The bypass and flyover construction project at 5 important points on the Chattogram-Cox's Bazar highway is almost at the final stage. The appointment of a consultant for the construction of four bypasses and one flyover spanning 26 km on the Chattogram-Cox's Bazar Highway is expected to be...

Shahjalal Islami Bank holds 397th Board Meeting

The 397th meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at Corporate Head Office of the bank on Wednesday. The meeting was presided over by Chairman of the bank A K Azad. The Board approved a number of investment proposals. Among others, Vice-Chairman of the...

Trump orders tariffs on dozens of countries in push to reshape global trade

WASHINGTON, Aug 1 (AFP): President Donald Trump ordered the reimposition of tariffs on dozens of trading partners Thursday -- his cornerstone strategy for reshaping global trade to benefit the US economy.However, in a minor reprieve that opens the door to further negotiations, the White House said these measures will take...

Bangladesh, China deepen bilateral ties in water resources management

To implement the consensus reached by Xi Jinping, President of China, and Dr. Muhammad Yunus, Chief Advisor of the interim Government of Bangladesh, in Beijing earlier this year, in which both leaders reaffirmed their commitment to further strengthening cooperation in the water resources sector, the Ministry of Water Resources of...

FIRST SECURITY ISLAMI BANK HOLDS BOARD MEETING ---

The 309th meeting of the Board of Directors of First Security Islami Bank PLC was held on Wednesday at the FSIB Head Office in Dhaka, with Mohammad Abdul Mannan, Chairman of the Board, in the chair. Md Azizur Rahman, Vice Chairman, Md Abdul Quddus, Chairman of Executive Committee, Md. Saiful...

Teesta Bridge opens tomorrow

GAIBANDHA, Aug 1 (BSS): The Teesta Bridge, constructed over the Teesta River to connect Kurigram and Gaibandha districts, opens to public and vehicular movement today (Saturday).Uzzal Chowdhury, executive engineer of the Local Government Engineering Department (LGED) in Gaibandha, confirmed the development.The 1,490-meter bridge, one of the largest ever constructed by...

Eurozone inflation unchanged at 2pc in July

BRUSSELS, Belgium, Aug 1 (AFP): Eurozone inflation remained stable in July, official data showed Friday, confounding expectations that consumer price rises would ease.Inflation in the single currency area stood at 2.0 percent last month, the EU's statistics agency said, sustained in part by a smaller drop in energy prices than...

South Korea exports hit July record despite US tariff pressures

SEOUL, Aug 1 (AFP): South Korea's exports surged to their highest level ever for a July, fuelled by strong overseas demand for semiconductors and automobiles, despite US tariffs weighing on trade, government data showed Friday.The country's exports exceeded $60 billion in July, up nearly six percent from the same period...

Swiss to try to negotiate way out of stiff US tariffs

GENEVA, Aug 1 (AFP): The Swiss government said Friday it would negotiate with the United States to try to avoid the 39 percent punitive US tariff rate that would ravage its key pharmaceutical industry.As part of a slew of new tariffs unveiled late Thursday on nearly 70 countries, Washington said...