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

Women entrepreneurs seek three-year tax holiday

The Bangladesh Women Chamber of Commerce and Industry (BWCCI) has proposed granting a three-year tax holiday for the startups run by women while the India-Bangladesh Chamber of Commerce and Industry (IBCCI) suggested reducing corporate tax in the upcoming budget. Representatives of both the organisations made the recommendations during a pre-budget...

India to provide Tk 640m grant for three projects

The government of India will provide around Tk 640 million as grant to Bangladesh for the implementation of three small projects related to primary education, CHT region and road infrastructures, reports BSS."India will provide Tk 640 million grant assistance to Bangladesh against three projects and the grant agreements are likely...

Nasrul Hamid urges French help for energy sector

State Minister for Power and Energy Nasrul Hamid has sought French cooperation in enhancing the capacity of the energy sector officials, especially in the operation of state-owned refinery being set up in Chattogram, reports UNB.He made the call when French Ambassador in Bangladesh Marie Annick Bourdin met him at his...

Revenue from VAT on uptrend in Sylhet

SYLHET, Apr 8: Revenue from VAT and customs duty has remained on a rising trend in Sylhet division over the last few years. In 2016-17 fiscal year (FY), VAT collection stood at over Tk 8.89 billion, an increase of more than Tk 1.32 billion from the previous fiscal, a report...

Baishakhi offer from Samsung

Marking the upcoming Bangla New Year, Samsung Mobile announced a lucrative Baishakhi offer available throughout the month of April across the country, reports UNB.Customers can get 5,000 mAhPower Bank by purchasing Samsung Galaxy J2 Prime, J2 Pro, J7 Nxt, J7 Nxt 32GB, J7 Prime 2, J7 Max and J7 Pro...

Job fair for people with disability

CHATTOGRAM, Apr 8: The Chittagong Chamber of Commerce and Industry (CCCI), Bangladesh Business and Disability Network, BRAC and YPSA organised a job fair for physically challenged people in the city on Saturday.This is the first-ever job fair organised in the port city to provide jobs for the people with disabilities....

Isuzu-Itochu team visits Dhaka

A six-member delegation led by Yasuyuki Niijima, Executive Officer of Isuzu Motors Ltd., and Tsunetaka Mori, General Manager of Itochu Corporation, Japan, visited Dhaka recently at the invitation of Uttara Motors Ltd, assembler and distributor of Isuzu Motors, says a press statement. During their stay, they held a discussion with...

'Thums Up Charged' at its launching ceremony

T Krishnakumar, President, Coca-Cola India & South West Asia; Vijay Parasuraman, Vice-President, Marketing, Coca-Cola India & South West Asia; Shadab Khan, Managing Director of Coca-Cola Bangladesh Ltd.; Tapas Kumar Mondal, Managing Director of International Beverages Private Ltd.; and ASM Mohiuddin Monem, Deputy Managing Director, Abdul Monem Limited, holding the bottles...

HSBC-IBA Business Case Competition-2018

Abul Kalam Azad, coordinator for SDG affairs at the Prime Minister's Office, Kyoko Yokosuka, deputy country director of UNDP, Professor AKM Saiful Majid, director of IBA, and Mahbub Ur Rahman, deputy CEO and country head for wholesale banking at HSBC Bangladesh, seen in the finale of HSBC-IBA Business Case Competition-2018...

Eight LP gas dealers become Bashundhara's exclusive distributors

As many as eight general LP gas distributors have become exclusive distributors of Bashundhara LP Gas, says a statement.They are Modern Steel in Cumilla, Al Mecca Enterprise in Chandpur, Molla Enterprise in Faridpur, Rabin Traders in Shariatpur, Shuvo Traders in Patuakhali, Molla Enterprise in Jatrabari, Noor Enterprise in Keraniganj and...

Focus on clients-friendly banking for socio-economic development

RAJSHAHI, Apr 8 (BSS): Rajshahi Krishi Unnayan Bank (RAKUB) should be pledged bound to promoting clients-friendly banking for reaching its services towards doorsteps of the farmers in general for improving their living and livelihood condition.The bank should work for bringing all the existing agricultural potential sectors and sub-sectors under qualitative...

Dubai spends billions on mega projects ahead of Expo 2020

DUBAI, Apr 8 (AFP): Dubai is splashing tens of billions of dollars on infrastructure and hospitality projects related to the international trade fair Expo 2020, Dubai-based BNC Network said in a report published on Sunday.The value of Expo-related projects underway hit US $42.5 billion in March, according to the Construction...

Egypt court allows Uber to continue operations

CAIRO, Apr 8 (Reuters): An Egyptian court ruled on Saturday that a judicial decision to suspend the licences of ride-hailing companies Uber and Careem should not be applied, allowing them to continue their work, judicial sources said.Forty-two Egyptian taxi drivers filed a lawsuit in the administrative court a year ago...

Benin, Niger back China's involvement in rail project

NIAMEY, Apr 8 (AFP): The leaders of Benin and Niger have given their backing to Chinese involvement in a controversial major rail infrastructure project set to span several countries. "We have taken stock of the railway issue (and) we tried to see which measures could be taken to move forward,"...

New exclusive distributors of Bashundhara LP Gas

Bashundhara Group vice-chairman Shafiat Sobhan posing with others at a programme held recently in the capital to greet eight new exclusive distributors of Bashundhara LP Gas