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

Chinese co set to win 48km Dhaka bypass road project

FE Report Roads and Highways Department (RHD) has finally selected a Chinese joint venture company for construction of Dhaka bypass road under public private partnership (PPP) initiative.Sources said the company was selected for its lowest offer of Tk 31 billion to construct the 48-kilometre road. Two other Chinese companies also...

Managing Director of Bangladesh Development Bank Limited

Managing Director of Bangladesh Development Bank Limited Manjur Ahmed inaugurates a three-day training course on "Documentation, Stamping, Creation of Charges and Artho Rin Adalat Ain" in Dhaka on Wednesday.

Work order for int'l passenger terminal likely this month

Civil Aviation Authority of Bangladesh (CAAB) is likely to award the work order for the construction of an international passenger terminal building at Cox's Bazar Airport by this month, a top CAAB official said. The 0.11-million sq ft passenger terminal building will be constructed with CAAB's own fund of Tk...

China lowers deficit-to-GDP ratio but fiscal policy remains proactive

BEIJING, Mar 07 (Xinhua): The proactive direction of China's fiscal policy remains the same for 2018 despite a lower deficit-to-GDP ratio target, Chinese finance minister said Wednesday.The government deficit is projected to be 2.38 trillion yuan (about 380 billion U.S. dollars), generally the same with last year, while China will...

New ride-hailing firm launches operations

Rayder, an app-based ride-hailing service, has formally launched its operations in Bangladesh. Rayder Ridesharing App has been developed in the country by some Bangladeshi IT specialists, which is expected to operate soon in the United States, Canada and other countries. Rayder Rideshare Enterprise Incorporate Ltd announced its launch on Wednesday...

China tightens regulations to prevent financial risks

Li Ning BEIJING, Mar 7: China's top financial regulators, including the People's Bank of China (PBoC), China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC), have imposed hefty fines over non-compliant financial institutions since the start of 2018, signalising intensified efforts to prevent financial risks, deleverage and tighten...

Alfred Goh, President of Global Fast Growing Enterprise and Regional Head

Alfred Goh, President of Global Fast Growing Enterprise and Regional Head of CSI Asia Pacific of DHL, Philip Chu, Managing Director of GCOE Iskandar Malaysia, Ir Khairil Anwar Ahmad, President and CEO of Iskandar Investment Berhad and Adib Azhari bin Daud, Mayor of Iskandar Puteri, pose during a ceremony marking...