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

Dhaka to send caregivers as 12 countries free up mkts

FE ReportBangladesh will send caregivers to 12 countries as part of promoting skilled migration, officials said.To advance the process, state-run Bureau of Manpower Employment and Training (BMET) signed a memorandum of understanding with Universal Medical and Technical Training Institute or UMTTI to start skill training for caregivers on Thursday. BMET...

Md. Shafiul Azam, Managing Director and CEO of Modhumoti Bank Limited

Md. Shafiul Azam, Managing Director and CEO of Modhumoti Bank Limited (fourth from L), attends a workshop on anti money laundering at the DCCI in Dhaka recently.

Govt, German KfW sign $40m climate financing deal

A financing agreement involving US$ 40 million was signed Thursday between Bangladesh and KfW Development Bank of Germany to support implementation of the 'Climate Resilient Infrastructure Mainstreaming (CRIM)' project in Bangladesh.Economic Relations Division (ERD) Secretary Kazi Shofiqul Azam and member of the management committee, Europe and Asia, KfW Development Bank,...

B’desh, Kuwait agree to bolster labour migration co-op

Bangladesh and Kuwait have agreed to formulate a cooperation agreement on manpower (2000) and form a Joint Working Group under the deal."Both sides have also agreed to work together to establish centres of excellence for Kuwait-bound workers in Bangladesh," said State Minister for Foreign Affairs M ShahriarAlam.He made the disclosure...

Sugar, vegetables get pricier, again

FE ReportSugar and vegetables became pricier, as prices of essentials showed an increase across the week.Sugar prices increased to Tk 60-Tk 62 a kg on Thursday from Tk 54-Tk 58 a kg in the past week.The state-run Trading Corporation of Bangladesh (TCB) recorded nearly a 6.5 per cent hike in...

S M Amzad Hossain, chairman of South Bangla Agriculture and Commerce

S M Amzad Hossain, chairman of South Bangla Agriculture and Commerce (SBAC) Bank, cuts a cake in celebration of the International Women's Day at the bank's head office in Dhaka on Wednesday.

Exploitation forces 50 domestic helpers to flee KSA

FE Report Some 50 women domestic helps returned home from Saudi Arabia in the last three days because of different kinds of exploitations at workplaces, people familiar with the situation said. Of the total, 27 women came on Thursday. Most of the workers migrated to the oil-rich kingdom six to...

Sylhet traders to get Friday as weekly holiday

Our CorrespondentSYLHET, Mar 09: Commercial establishments in Sylhet city would get Friday as the holiday from now on. The decision came at a joint meeting between traders and officials on Wednesday. The Sylhet Chamber of Commerce & Industry (SCCI) organised the meeting in the city with its president Khondaker Shiper...

China accelerates its pace to become world’s first club in technology innovation

Huang Fahong BEIJING, Mar 08: China is accelerating its pace to stride towards the first echelon around the world in scientific and technological innovation and its innovation in a few sectors is even leading the world, Minister of Science and Technology Wan Gang told a press conference held by the...

Thrust on skills development of workforce to help achieve SDGs

FE ReportSpeakers at an international conference have underscored the need for skills development of labour force through technical and vocational education to help the country achieve Sustainable Development Goals (SDGs).They also suggested that the authorities should focus more on development of soft skills of human resources, providing necessary training for...

Dhaka Women Chamber of Commerce & Industry

Dhaka Women Chamber of Commerce & Industry (DWCCI) President Aneeka Agha poses with others after presiding over its Annual General Meeting 2017 in the capital recently. DWCCI Vice President N Akbar, General Secretary Bedowra Ahmed, founder president Naaz Farhana and former VP Sajeda Minhaj are also seen.

Farm sector not engine of growth in SA: Economist

Unlike in the developed countries, agricultural sector has not been playing the engine of growth in South Asian countries due to limitations, such as diminishing marginal returns, said Dr Rizwanul Islam, former special adviser to International Labour Organisation's Employment Sector. Manufacturing sector has been unable to play its part as...