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

RasGas to supply LNG to BD regularly from Sept 9

The state-run Petrobangla will start importing liquefied natural gas (LNG) from Qatar regularly on September 9, officials concerned said.It is going to begin the regular import following successful feeding of the regasified LNG to the consumers of Chattogram since August 18.Qatar's RasGas will supply LNG to Bangladesh's first LNG import...

Google launches new feature for job seekers

Google has unveiled a new search experience making it easier for job seekers in three countries of South Asia, including Bangladesh, to find employment opportunities from popular job listing websites, online classifieds and companies, reports UNB.The new feature is built directly into Google Search to provide a comprehensive listing of...

Nat'l dialogue on startup financing, SDGs tomorrow

The Ministry of Youth and Sports (MoYS), the UNDP Bangladesh and the Citi Foundation will jointly organise a national dialogue as part of the 'Youth Co:Lab Accelerator Bangladesh' initiative in the city tomorrow (Friday), reports UNB.The national dialogue will see more than 300 delegates, including government officials, private sector participants,...

WB, AIIB to extend $260m

The World Bank and the Asian Infrastructure Investment Bank (AIIB) are teaming up to fund a water supply and sanitation project in Bangladesh, officials have said.Both the Washington-based lender and the Beijing-based lender will finance $130 million each to the $270 million scheme.The remaining $10 million will come from the...

DBL receives Superbrands award

DBL Group won the Superbrands award at a ceremony in the capital recently, says a statement.Managing Director of DBL Group M. A. Jabbar received the prestigious award at the event held at the Radisson Blu Dhaka Water Garden.Superbrands is the world's largest independent arbiter of branding.It recognises the brands that...

Lamudi, Rangs ink deal for collaboration

Lamudi, a top online real estate marketplace in Bangladesh, signed a Memorandum of Understanding (MoU) with and Rangs Properties Ltd. for a long and fruitful collaboration between the two companies, says a statement.Co-Founder and Managing Director of Lamudi South-Asia, Anne Maria Hermans, and Divisional Director of Rangs Properties Ltd., Mashid...

Amazon joins $1.0tr club

NEW YORK Sept 05 (Reuters): Amazon.com Inc on Tuesday joined Apple Inc in the $1.0 trillion club, becoming the second member of the group after its stock price doubled in 15 months.If the online retailer's share price continues at its recent pace, it will be a matter of when, not...

Iran's rial languishes at 138,000 a dollar

GENEVA, Sept 05 (Reuters): The Iranian rial hit a record low against the US dollar on the unofficial market on Tuesday, a foreign exchange website reported.The news came amid a deterioration in the country's economic situation and the reimposition of sanctions by the United States.The dollar was being offered for...

Widodo prioritises exports

JAKARTA, Sept 05 (Reuters): Indonesian President Joko Widodo said on Wednesday that multiple external factors were behind the rupiah's fall to 20-year lows and the priority was to increase investment and exports to contain the country's current account deficit.The rupiah, stocks and bonds have sold off as investors flee emerging...

News Briefs-(6-9-2018)

Zafar Alam BCB gets new AMDZafar Alam has joined the Bangladesh Commerce Bank Limited (BCB) as its Additional Managing Director (AMD) recently. He started his career with the Islami Bank Bangladesh Limited in 1992 as a probationary officer. Prior to his joining the Bangladesh Commerce Bank, he had been working...

Managing Director and CEO of NRB Commercial Bank Limited Khondoker Rashed Maqsood,

Managing Director and CEO of NRB Commercial Bank Limited Khondoker Rashed Maqsood, Deputy Managing Director Md Mukhter Hossain, SVP and Head of Branch operations and Control Division AIM Mostafa posing with the participants of a training programme on 'Credit Management' held at its training institute at the Head Office of...

Canada's Trudeau faces hard choices at NAFTA talks

MONTREAL, Sept 05 (AFP): On the eve of the resumption of talks to revamp the North American Free Trade Agreement (NAFTA), Canadian Prime Minister Justin Trudeau faces a dilemma.He can either push back against US demands and risk being cut out of a continental trade deal, or give in and...

Argentina makes 'progress' in IMF loan talks

WASHINGTON, Sept 05 (AFP): Argentina "made progress" on Tuesday in talks with the International Monetary Fund aimed at securing an accelerated disbursement of a $50 million loan it hopes will calm its debilitating economic crisis.IMF Managing Director Christine Lagarde said she and Argentina's Finance Minister Nicolas Dujovne held "discussions about...

Asia, North Africa ‘key to growth’ of Chilean wine sales

SANTIAGO, Sept 05 (Xinhua): Asian and North African markets hold the key to growth for Chile's wine sales, Agriculture Minister Antonio Walker said on Tuesday."The future of Chile's wine industry must aim at positioning itself more strongly in international markets such as China, India, Southeast Asia and North Africa," Walker...

Avnet India gets 'Great Workplace' recognition

Avnet India, the largest component distributor in India, has been certified as a Great Workplace for the second consecutive year.The recognition was based on a rigorous assessment by Great Place to Work® Institute, considered the Gold standard in workplace culture assessment and recognition globally, according to a Media OutReach forwarded...