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

BD-Lanka FTA signing halts on political turmoil

Uncertainty is looming large over Bangladesh's signing a free-trade agreement (FTA) with Sri Lanka due to political turmoil prevailing in the South Asian island nation, said a senior official of Ministry of Commerce (MoC).A committee, led by an additional secretary of MoC, was formed to carry out the FTA negotiations...

Jute goods producers, millers to get block account facility

The central bank has asked the scheduled banks to take necessary steps regarding the transfer of outstanding loans in the jute industry to block account system.The Bangladesh Bank (BB) issued a circular to this end on Monday as per the decision of the finance ministry. On Thursday, the Financial Institution...

Stakeholders share findings of study, workshop proposals

CHATTOGRAM, Dec 03: The final dissemination workshop on a project of Chattogram city's strategic urban transport master plan was held on Sunday.Earlier, a series of workshops and a study on the Chattogram Strategic Urban Transport Master Plan - a technical assistance project financed by the World Bank - were held...

BUILD seeks plastic goods makers' access to GTF

Business Initiative Leading Development (BUILD) has urged the Bangladesh Bank to allow Green Transformation Fund (GTF) for the plastic sector entrepreneurs, who are greening the plastic production process. It made the call at a consultation with the plastic sector stakeholders at its conference room in the city on Sunday, when...

Director & Chairman of Audit Committee of NRB Commercial Bank

Director & Chairman of Audit Committee of NRB Commercial Bank Ltd. (NRBC) Rafikul Islam Mia Arzoo inaugurating the bank's 63rd branch at Tamij Uddin Market of N.S. Road in Kushtia on Sunday while Managing Director & CEO Khondoker Rashed Maqsood, directors and senior executives of the bank and local elite...

Chairman of South Bangla Agriculture & Commerce (SBAC) Bank

Chairman of South Bangla Agriculture & Commerce (SBAC) Bank Ltd S. M. Amzad Hossain opening the bank's 70th branch at Mehendiganj of Barishal on Monday while the bank's Managing Director & CEO Md. Golam Faruque and senior executives, and local elite were present

China Oct factory activity up

BEIJING, Dec 03 (Reuters): China's factory activity grew slightly in November, a private survey showed, though new export orders extended their decline in a further blow to the sector already hurt by the Sino-US trade frictions.The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) for November, released on Monday, ticked up to...

A. S. M. Shykhul Islam and Faisal Ul Haq exchanging documents after signing agreement

Chief Executive Officer (In-charge) of Rupayan Group A. S. M. Shykhul Islam and Head of Client Relationships of Standard Chartered Bank Faisal Ul Haq exchanging documents after signing an agreement at Rupayan Housing Estate Limited's head office in the capital recently. Under the deal, customers of Rupayan Housing Estate Limited...

Japan's corporate investment slows

TOKYO, Dec 03 (Reuters): Japanese corporate capital expenditure rose for an eighth consecutive quarter in July-September but the pace of gains slowed sharply, raising doubts about the strength of business activity amid global trade frictions.Ministry of Finance (MOF) data out on Monday showed capital expenditure grew 4.5 per cent in...

Indonesia Nov inflation rate picks up

JAKARTA, Dec 03 (Reuters): Indonesia's annual inflation rate accelerated for a second straight month in November, the statistics bureau said on Monday, against an expectation for price pressures to ease.The consumer price index rose 3.23 per cent in November from a year earlier, the statistics bureau chief Suhariyanto said, attributing...