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

ADB will provide risk guarantee assistance for issuing green bond

The Asian Development Bank (ADB) has come up with risk guarantee assistance for issuance of green bond in Bangladesh to help mobilise funds from abroad, officials have said.Before that the government has decided to carry out a feasibility study to see the pros and cons of issuing the bond with...

Construction of new container terminals at Ctg port going on in full swing

CHATTOGRAM Sep 02: The construction work on two new container terminals for the Chittagong port, the prime seaport of the country, has been progressing in full swing. The terminal projects taken up by the Chittagong Port Authority (CPA) are scheduled to be completed by 2025, sources said. Once the projects...

2,460 brick kilns run in country illegally

A large number of brick kilns are still operating across the country illegally due to lax monitoring and supervision by the authorities concerned, putting harmful impacts on the environment and public health.According to a latest report of Department of Environment (DoE), as many as 2,460 brick kilns out of 7,933...

HC stays auction of Oxford Development's property

The High Court on Monday stayed for three months the auction of mortgaged property of Oxford Development Ltd. by the National Housing Finance and Investment Limited, a non-banking financial institution (NBFI). The auction process was scheduled to be held on the day as per Section 12 of the Artha Rin...

GME Gr organises healthcare summit

A day-long event, styled 'GME Healthcare Summit 2019' was held at a hotel in the capital recently with a large number of companies taking part, says a press release issued by Medi Graphic Trading Ltd, a sister comcern of Graphic Machinery & Equipment Ltd.GME is a major player in medical...

US hits China with new wave of tariffs

LONDON, Sept 02 (BBC): The US has imposed fresh tariffs on $112bn (£92bn) of Chinese imports such as shoes, nappies and food.The new tariffs are a sharp escalation in the bruising trade war, and could cost households $800 a year.The move is the first phase of US President Donald Trump's...

Managing Director of Ha-meem Group

Managing Director of Ha-meem Group and former president of FBCCI A K Azad receiving National Export Trophy (Gold) on behalf of Rifat Garments (a sister concern of Ha-meem Group) on Sunday in the city from Prime Minister Sheikh Hasina for the company’s outstanding contribution to the country’s export business

Managing Director of Four H Group

Managing Director of Four H Group and Vice President of BKMEA Gauhar Siraj Jamil (L) receiving national export trophy from Prime Minister Sheikh Hasina at the 'National Export Trophy 2016-17' distribution ceremony at Bangabandhu International Conference Centre in the city on Sunday with Commerce Minister Tipu Munshi (2nd from L)...

Presidents and secretaries

Presidents and secretaries of different organisations of Agrani Bank handing over a letter of accolade to the Managing Director (MD) and CEO Mohammad Shams-ul-Islam (3rd from right) upon his reappointment as the MD and CEO at a reception accorded to him at the bank's head office in the city recently

Pound slides as Brexit uncertainty dents UK manufacturing

LONDON, Sept 02 (AFP): The pound slid once more Monday as data revealed a slump in UK manufacturing fuelled by Brexit uncertainty and wider global growth weakness, traders said.Sterling was down around half a per cent versus the dollar and euro approaching midday in London.That helped lend strong support to...

Ukraine PM targets economic growth of 5.0pc next year

KIEV, Sept 02 (Reuters): Ukraine's government will target economic growth of 5.0 per cent next year and at least 7.0 per cent in each of the following years, the newly appointed Prime Minister Oleksiy Honcharuk said at a televised government meeting on Monday.The economy grew by 3.3 per cent last...

Argentina imposes currency controls to support economy

Argentina has imposed currency controls in an attempt to stabilise markets as the country faces a deepening financial crisis, reports BBC.The government will restrict foreign currency purchases following a sharp drop in the value of the peso.Firms will have to seek central bank permission to sell pesos to buy foreign...