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

Focus on ensuring ethical recruitment to build better business environment

Speakers at a discussion on Sunday stressed the need for ensuring ethical recruitment in the supply chain of internal and international migration.They said lack of transparency in the recruitment process of labour-intensive sectors is posing risk to workers and business in the country.Migration experts, officials, business leaders, civil society members...

Saudi company to invest $35m for producing electrical products

A Saudi company, Saudi Engineering Dimensions, will invest US$ 35 million in the country for producing transformers and other electrical products, considering the market potential here, officials said.The investment will take place under a recent agreement signed with Bangladesh Steel and Engineering Corporation (BSEC). The BSEC, a state-run company of...

FBCCI delegation leaves city to attend business forum in Canada

A 6-member delegation of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) left Dhaka on Sunday to attend 'Bangladesh-Canada Business Forum' and '13th Toronto Global Forum' to be held during September 03-05 in Toronto, Canada.FBCCI President Sheikh Fazle Fahim led the business delegation, said a statement on Sunday....

‘Country becoming industry-based economy’

CHATTOGRAM, Sep 01: People with skills in science and technology are key to achieving sustainable development.Deputy Minister for Education Barrister Muhibul Hasan Chowdhury Nowfel said this while speaking as the chief guest at a function, organised to celebrate the 17th university day of the Chattogram University of Engineering and Technology...

Recipients of Nat’l Export Trophy FY ‘17

Prime Minister Sheikh Hasina handed over as the chief guest the National Export Trophy for 2016-17 fiscal year at a function at Bangabandhu International Conference Centre in the city on Sunday afternoon. She distributed trophies to 66 companies - 29 gold, 21 silver and 16 bronze - in 28 categories...

Officials discuss upgrading Syedpur Airport

NILPHAMARI, Sept 01 (BSS): High officials at a meeting have discussed current progress of the acquisition process of 912 acres of land for upgrading Syedpur Airport to international standard with all modern facilities.Deputy Commissioner (DC) of Nilphamari Md. Hafizur Rahman Chowdhury presided over the meeting at his conference room in...

‘Promote entrepreneurship to boost economic progress’

Mayor of Rajshahi City Corporation A H M Khairuzzaman Liton on Sunday underscored the need for promoting entrepreneurship for boosting economic progress in Rajshahi region, reports BSS."All the government and non-government entities concerned should extend requisite supports including bank loan on simple interest towards making theentrepreneurship generation process easy," he...

China, US kick off new round of tariffs in trade war

BEIJING, Sept 01 (Reuters): China and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, despite signs that talks would resume some time this month.A new round of tariffs took effect from 0401 GMT, with Beijing's levy of...

Managing Director and CEO of Al-Arafah Islami Bank

Managing Director and CEO of Al-Arafah Islami Bank Ltd. Farman R Chowdhury (3rd from right) seen, among others, at the opening ceremony of the bank's 173rd branch at Firingi Bazar of Chattogram on Sunday. Chairman of the bank Abdus Samad Labu, Chairman of Chittagong Development Authority M Jahirul Alam Dovash,...

Head of Retail Banking of BRAC Bank

Head of Retail Banking of BRAC Bank Limited Nazmur Rahim (3rd from left, front row) and Institute of Cost and Management Accountants of Bangladesh (ICMAB) President M. Abul Kalam Mazumdar, MBA, FIMC, FCMA (3rd from right, front row) exchanging documents after signing a Memorandum of Understand (MoU) on behalf of...

Agreement signing ceremony between Ansar-VDP Unnayan Bank and Infobip Limited

Ansar-VDP Unnayan Bank Limited Managing Director (Additional Charge) Md Mahbubur Rahman and Infobip Limited Country Manager Md Rahad Hossain attending, among others, an agreement signing ceremony between Ansar-VDP Unnayan Bank and Infobip Limited in the city recently. The bank will send updates and notification to its shareholders’ mobile phone through...

Chairman of Board of Directors of BDBL and former senior secretary Mohammad Mejbahuddin

Chairman of Board of Directors of Bangladesh Development Bank Limited (BDBL) and former senior secretary Mohammad Mejbahuddin (3rd from R, sitting) posing with others for photo at the bank's 24-day foundation training course for officers (general and cash) in the city on Sunday. Deputy Managing Director and Managing Director in...

Chief Executive Officer and Managing Director of Janata Bank

Chief Executive Officer and Managing Director of Janata Bank Limited Md Abdus Salam Azad (4th from L, sitting) posing with others after inaugurating the bank's two-day orientation course for its newly-recruited officers in the city recently

CNG price in Delhi hiked by 50 paise

NEW DELHI, Sept 01 (PTI): CNG price in Delhi and its suburbs was on Sunday hiked for the third time since April due to rise in input cost following appreciation of US dollar against the rupee."This revision in prices would result in an increase of Rs 0.50 per kg in...

Maruti reports 33pc fall in Aug sales

NEW DELHI, Sept 01 (PTI): The country's largest carmaker Maruti Suzuki India on Sunday reported a 32.7 per cent decline in sales at 106,413 units in August.The company had sold 158,189 units in August last year, Maruti Suzuki India (MSI) said in a statement.Domestic sales declined by 34.3 per cent...