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

RHD likely to invite tender in a month

A delay in taking the decision on the Dhaka-Chittagong expressway project by the finance ministry has compelled the Roads and Highways Department (RHD) to seek support from the PPP Authority to complete the tender process.Sources said RHD has planned to invite the tender for the US$ 4.12-billion project within a...

ECNEC approves construction of passport office bldgs in 16 dists

The Executive Committee of the National Economic Council (ECNEC) approved on Tuesday eight projects, including one to construct 16 regional passport office buildings, reports UNB.The passport office buildings will be built in order to improve passport services in 16 districts.The approval came at the first ECNEC meeting of the new...

Improve rural infrastructure

Leaders of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) have called for developing infrastructure in rural areas in order to give an impetus to the national economy.The call came at a meeting of the FBCCI Standing Committee relating to the Ministry of Local Government, Rural Development and...

DHL Supply Chain’s Japan Korea Cluster gets new CEO

DHL Supply Chain, the global market leader for contract logistics solutions, has named Alfred Goh as the CEO of its Japan Korea Cluster. Based in Tokyo, Japan, he will report to Terry Ryan, CEO, DHL Supply Chain Asia Pacific, it said in a Media OutReach-forwarded statement on Tuesday. Goh replaces...

Bridge Alliance wins Most Innovative IoT Solution Award

Bridge Alliance's Regional IoT Connectivity Management won the Most Innovative IoT Solution at the 2018 Asia Communication Awards (ACA), says a Media OutReach statement.The Bridge Regional IoT Connectivity Management is a one-stop cloud-based managed connectivity platform.It enables enterprises to seamlessly manage and optimise their connectivity needs across the Bridge Alliance...

Lane Crawford declares Creative Call Out winners

Lane Crawford declared Tom Fereday Design as the winner and 12 runners-up selected from a panel of judges from the Creative Call Out held in Sydney in May.Lane Crawford is the iconic luxury department store of Asia.The Creative Call Out is Lane Crawford's commitment to identify and nurture the best...

China issues US travel warning

BEIJING, July 03 (Reuters): China's embassy in Washington has issued a security advisory to Chinese nationals travelling to the United States.It is the latest such warning as trade tensions escalate between the two countries.The embassy has warned Chinese tourists to be aware of issues including expensive medical bills, the threats...

ABTI -organised workshop on fire safety

Managing Director and Chief Executive Officer (CEO) of Agrani Bank Ltd. Mohammad Shams-Ul-Islam and General Manager (Credit) Md. Abdus Salam Mollah participating in the inaugural ceremony of the Agrani Bank Training Institute (ABTI)-organised workshop on fire safety in the capital recently

Veon offers to acquire assets in Banglalink

Veon, formerly known as Vimpelcom, has offered to buy Global Telecom Holding's assets in Banglalink, the third largest telecom operator in Bangladesh, reports bdnews24.com.In a statement on Tuesday, Veon said it also offered to acquire Global Telecom Holding's assets in Pakistan's Jazz.The combined offer has been valued at $2.55 billion...

Airwallex closes Series B fundraising with $80m

SINGAPORE, July 3: International payments company Airwallex announced on Tuesday the successful completion of its Series B fundraising.The company has now secured US$80 million in outside investment, taking their total fundraising to US$102 million, says a statement of Media Outreach.In this round, returning Series A investors Tencent and Sequoia China...