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

Saudi co to set up oil refinery plant in Ctg with $6.0b investment

Hi-Tech International Group (HTIG) of Saudi Arabia plans to set up an oil refinery plant in Chittagong with an investment worth $6.0 billion very soon.The project has already obtained green signal from the Bangladesh Investment Development Authority (BIDA).According to the proposal approved by BIDA, the refinery will produce 2632500 MT...

Rise in local demand, product diversification have propelled economic growth: Muhith

Finance Minister AMA Muhith said on Wednesday that effective rise in domestic demand and diversification of products helped boost Bangladesh's economic growth over the years.He also stressed the need for further acceleration in creating such demand in the coming days to reach the target of a poverty-free Bangladesh. The minister...

Dhaka, KL working to amend G2G deal

Dhaka and Kuala Lumpur (KL) have started working on amendments to the existing government to government (G2G) plus deal in recruiting workers from Bangladesh, sources said.The Malaysian government's recent move to bring about changes in its manpower hiring policy has necessitated such amendments to the deal signed two years ago.The...

Development Fair begins today

The three-day 4th 'National Development Fair' begins at the venue of International Trade Fair in the city today (Thursday), aiming to show the government's multiple development initiatives and successes, reports UNB.Prime Minister Sheikh Hasina will inaugurate the fair through videoconferencing from her official residence Gano Bhaban, said Deputy Commissioner Abu...

Turkish lira hits fresh low, Indian rupee dips

ANKARA, Oct 03 (Reuters): Soaring inflation hammered Turkish bonds and the lira on Wednesday and India's rupee hit a fresh record low as high oil prices and a solid dollar kept the pressure on emerging markets.The lira was firmly back above six to the dollar after data showed Turkish consumer...

China factory growth stalls in September

BEIJING, Sept Oct 03 (Reuters): Growth in China's factory sector stalled in September after 15 months of expansion, with export orders falling the fastest in over two years, a private survey showed on Sunday, suggesting US tariffs are starting to inflict a heavier toll on the Chinese economy.A separate, official...

Dr M Shamim Z Bosunia addressing an exchange of views meeting

Professor Emeritus of University of Asia Pacific and former dean of Bangladesh University of Engineering and Technology (BUET) Dr M Shamim Z Bosunia addressing an exchange of views meeting on 'RCC Structure in Coastal Area', organised by KSRM Limited in Cox's Bazar recently

NRB Global Bank inaugurating 53rd branch

Chairman of the Audit Committee of NRB Global Bank Mohammed Kutub Uddowllah along with Managing Director Syed Habib Hasnat and other officials inaugurating the 53rd branch of the bank at Jagatpur in Chandpur on Wednesday