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

Food systems in S Asia at crossroads: IFPRI

Food systems in South Asia are at a crossroads and climate change is the most pressing issue facing the region, an international think tank has said, reports UNB. "Increasing climatic variability, extreme weather events, and rising temperatures pose new challenges to ensuring food and nutrition security in the region," stated...

Thailand can be gateway to SE Asia for BD: Thai minister

Thailand's Minister for Economic Reforms and Investment Dr Kobsak Pootrakool on Wednesday said Thailand can be the gateway to Southeast Asia for Bangladesh and vice versa, reports UNB.He made the remarks during his visit to the Bangladesh Economic Zones Authority (BEZA) office in the city.BEZA Executive Chairman Paban Chowdhury received...

ADB board meeting begins today

Greater integration of people and economies for facilitating inclusive growth will be, among others, in focus during the 51st meeting of the Asian Development Bank (ADB) Board of Governors that kicks off in Manila today (Thursday).Over 4,000 participants from across Asia, North America and Europe, including finance and development ministers,...

Govt to build flats for poor people in Ctg

CHATTOGRAM, May 2: The government is going to construct nearly three thousand flats for the floating people in Chattogram.The Ministry of Housing and Public Works will construct the flats on 13 acres of land in Bakolia Char area in the city.Twelve 14-storey towers will be constructed and each flat will...

Expats send over $1.2b in remittance in April

The country received $1.218 billion in remittance from April 1 to 27 this year, reports UNB.In March, the total inward remittance was $1.299 billion.Bangladesh Bank officials said the data on remittance of three other days of last month (April 28-30) is not available. Once the data is available, the total...

News Briefs-(3-5-2018)

Agro tech fair begins today An agricultural technology exhibition begins in the city today (Thursday), focusing on the use of modern technology to boost crop production. The Dhaka Chamber of Commerce and Industry (DCCI) in cooperation with USAID's Agriculture Value Chain (AVC) Project is organising the two-day exhibition titled 'DCCI...

Inaugural ceremony of a four-day international conference at Walton headquarters

Walton Hi-Tech Industries Ltd Chairman SM Shamsul Alam, Managing Director SM Ashraful Alam and Executive Director Amdadul Hoque Sarker posing with others at the inaugural ceremony of a four-day international conference at Walton headquarters at Chandra, Gazipur recently

Samsung falls behind Sony, LG in premium TV market

SEOUL, May 2 (Reuters): At the 2013 annual Consumer Electronics Show in Las Vegas, USA, flashy organic light-emitting diode (OLED) televisions sporting credit card-thin screens were at the front and centre of Samsung Electronics' new gadgets display.Later that year, the South Korean company splurged on marketing the televisions - which...

StanChart Q1 profit beats estimates

HONG KONG, May 2 (Reuters): Standard Chartered Plc posted a better-than-expected 20 per cent rise in pretax profit for the first three months of the year, helped by a surge in loan demand and improvement in asset quality.The first-quarter profit jump on Wednesday builds on early signs of success, including...

Philippines inflation stays above target in April

MANILA, May 2 (Reuters): Philippine annual inflation likely moved further away from the central bank's 2-4 per cent comfort range in April due to higher oil, electricity and rice prices, a Reuters poll showed.The median forecast in a poll of 10 institutions was for the consumer price index (CPI) to...

Inmarsat Q1 revenue rises 5.0pc

LONDON, May 2 (Reuters): British satellite firm Inmarsat said its first-quarter revenue rose 5.0 per cent, building on the momentum achieved last year in its maritime and aviation services.The company, which kept its full-year outlook unchanged, reported core earnings of $174.9 million, down 4.5 per cent, on revenue of $345.4...

Thai Apr consumer mood at over three-year high

BANGKOK, May 2 (Reuters): Thailand's consumer sentiment rose for a second straight month in April to its highest in 40 months, boosted by strong exports and tourism, but global trade tensions and low farm prices remained a concern, a private survey showed on Wednesday.The index of the University of the...

Ocado, ICA ink partnership deal

LONDON, May 2 (Reuters): Ocado, the British online grocer and technology company, has signed a partnership deal with Sweden's ICA Group to develop its online business, it said on Wednesday.Potential deals with overseas grocers are seen as the key influence on Ocado's stock market valuation. It has already bagged deals...