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

Knowledge helps people attain ‘great results’

CHITTAGONG, Feb 4: The Chittagong Regional Committee of the Institute of Chartered Accountants of Bangladesh (ICAB) organised a Continuing Professional Development (CPD) on 'Knowledge Management: A Strategic and Dynamic Tool for Success' in the port city on Saturday.Chaired by former president of the ICAB Showkat Hossain, Editor of the Daily...

Onion prices drop further as India lifts export curbs

Prices of onions, the imported variety in particular, have dropped further in the country, as India withdrew the minimum export price (MEP) for overseas sale of the produce on Friday, traders said.In the last two days, wholesale markets at Shyambazar, Karwan Bazar and Beribadh-Rayerbazar in Dhaka saw the prices of...

Help undocumented migrants get regularised abroad

Expatriates' welfare minister on Sunday asked the labour counsellors to help undocumented Bangladeshi migrants get regularised in their respective job destinations.He also requested them to provide hassle-free services to migrant workers. "It has to be ensured that any worker is not deprived of their due facilities from the labour wings...

New factory inspection checklist disrupts status report prep

The introduction of a new checklist for factory inspection has caused some technical complexities like preparing status reports on labour rights and safety issues in the industries, especially garment sector, officials said.As a result, the release of data by state-run Department of Inspection for Factories and Establishment (DIFE) remained suspended...

Govt takes Tk 1.65b project to plug seeds shortage

The government has taken a long-term initiative involving Tk 1.65 billion to eradicate deficit of quality seeds to boost up the country's crop production and lessen import dependency. As part of the five-yearlong move, the Ministry of Agriculture (MoA) will ensure adequate supply of pulses, oil and spice seeds through...

FBCCI team leaves for Turkey

A business delegation of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) left Dhaka Sunday for Turkey to attend a regional trade body meeting.The meeting of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) begins today (Monday) in Istanbul, Turkey. The CACCI is a regional organisation...

BKB gets new DMD

Md Fazlul Haque Md Fazlul Haque has joined Bangladesh Krishi Bank (BKB) as Deputy Managing Director recently, says a statement.Prior to his joining BKB, Fazlul Haque was the Deputy Managing Director (DMD) of Rajshahi Krishi Unnayan Bank (RAKUB).He started his banking career in Janata Bank Limited in 1986 as probationary...

Coca-Cola launches campaign to retrieve missing Bangla words

Coca-Cola Bangladesh launched a month-long campaign for the International Mother Language Day titled "Nikhoj Shobder Khoje" at Bishwa Shahitya Kendra in the capital recently, says a statement.The campaign has been launched to motivate the young generation to learn and reconnect themselves with the Bengali words which are not in use...

India’s Union Bank posts $195m Q3 loss

NEW DELHI, Feb 4 (Reuters): State-run Union Bank of India Ltd has posted a net loss of 12.5 billion rupees (US $194.95 million) for the third quarter, weighed down by provisions made for borrowers undergoing bankruptcy proceedings.The Rs 12.5 billion net loss is for the period ending December 31 compared...

Law minister Anisul Huq speaking

Law minister Anisul Huq speaking on Sunday at the inaugural ceremony of a workshop on human rights, sustainability reporting and responsible business organised by the Bangladesh Employers Federation at a hotel in Dhaka — FE Photo

Midland Bank Limited formally opened Sompara Bazar Branch

Midland Bank Limited formally opened Sompara Bazar Branch at Chatkhil Upazila in Noakhali recently. Md. Ahsan-uz Zaman, Managing Director and CEO of the bank, inaugurated the branch as the chief guest.

Afghans embrace online shopping

KABUL, Feb 04 (AFP): Afghan courier Sarajuddin stops his motorbike on a dirt road in the heart of war-torn Kabul and calls his customer for directions: "I am in the second street. Which way should I go now?" As Afghans embrace online shopping, harried delivery men in the capital are...

German toymakers market new products for tech-savvy kids

NUREMBERG, Feb 04 (AFP): In an industry upended by the changing play habits of tech-savvy kids, German toymakers are pinning their hopes for growth on traditional, real-world toys-with a little help from the big screen. At the world's biggest toy fair in Nuremberg this week, it was a large panel...

China launches probe into US sorghum imports

BEIJING, Feb 04 (Reuters): China has launched an anti-dumping and anti-subsidy investigation into imports of sorghum from the United States, the Ministry of Commerce said on Sunday, less than a fortnight after US President Donald Trump slapped steep tariffs on imports of solar panels and washing machines.Beijing's action is expected...