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

Govt to start pilot project amid falling frozen fish exports

Amid falling exports of frozen fish, the government has decided to start a pilot project of farming vannamei species of shrimp in the isolated areas in Khulna and Cox's Bazar regions, official sources said.Under the government supervision, the private entrepreneurs will run the one-year project, according to the decision taken...

ADN Telecom sees 13pc growth in net profit

ADN Telecom Limited, a leading IT and telecommunication service provider of the country, registered a net profit growth of 12.93 per cent in the fiscal year 2017-18. The company, which is expected to be listed with the stock exchange soon, disclosed the earnings figure at its 15th annual general meeting...

World's largest dialysis product maker opens office in city

Fresenius Medicare Care, the world's largest manufacturer of dialysis products and services, has opened its office in Dhaka, aiming to provide dialysis treatment to kidney patients more affordably throughout Bangladesh."Having a direct presence in Bangladesh will enable us to better address the needs of patients, healthcare professionals and the wider...

Seven brands join IFC second phase clean textile campaign

The International Finance Corporation (IFC) has said PaCT II, the second edition of the successful Partnership for Clean Textile, has concluded its first year with seven organisations joining the campaign, along with the long-term partner, Bangladesh Garment Manufacturers and Exporters Association (BGMEA).PaCT II, IFC's multi-stakeholder partnership to drive sustainability in...

Number of migrant workers across world stands at 164m in 2017: ILO

The number of migrant workers stood at 164 million in 2017 across the globe, a 9.0 per cent rise since 2013, according to the latest estimate of International Labour Organisation (ILO).The ILO estimated 150 million as migrant workers in 2013. "Most people move across borders in search of better work...

BD, Nepal to build hydro projects

Nepal and Bangladesh have agreed to develop hydropower projects with government-to-government investment at an energy secretary-level meeting in Kathmandu on Tuesday, The Kathmandu Post and The Himalayan Times reported. The electricity produced from the projects will be exported to Bangladesh.Apart from developing the projects with government-to-government investment, the meeting also...

Unveiling ceremony of 'Primo X5' smartphone

Deputy CEO of Grameenphone Yasir Azman, Head of Device Sarder Showkat Ali, Walton Group's executive directors Eva Rezwana, Amdadul Hoque Sarker, Nazrul Islam Sarker and SM Zahid Hasan, directors SM Ashraful Alam, SM Mahbubul Alam and Tahmina Afrose Tanna, and Walton Digi-Tech Industries Ltd. Managing Director SM Monjurul Alam posing...